2022 Toyota Tundra Lease Deals and Prices

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  • MichaellMichaell ColoradoModerator Posts: 204,965
    xgrady19 said:

    @Michaell said:

    .00235 MF

    71% residual

    36/12?


    73% residual

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  • ChrisJ20ChrisJ20 Member Posts: 9
    kyfdx said:

    ChrisJ20 said:

    MF + RV on Crewcab 4WD, 36/10 or 39/10, zip 28278. Thanks!
    -Limited 5.5' (8372)
    -1794 5.5' (8376)

    Sorry, but we don't have the Tundra programs for the Southeast Region
    Any luck getting the SETF numbers yet?
  • kyfdxkyfdx Moderator Posts: 206,975
    xgrady19 said:

    @Michaell said:

    .00235 MF

    71% residual

    36/12?


    +2%

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  • G3T0utG3T0ut WashingtonMember Posts: 5
    sr5 crewmax 36/10k
    platinum 36/10k
    MF and residual & One pay residual if different.
    98686
  • MichaellMichaell ColoradoModerator Posts: 204,965
    G3T0ut said:

    sr5 crewmax 36/10k
    platinum 36/10k
    MF and residual & One pay residual if different.
    98686

    4x2 or 4x4?

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  • G3T0utG3T0ut WashingtonMember Posts: 5
    Michaell said:

    G3T0ut said:

    sr5 crewmax 36/10k
    platinum 36/10k
    MF and residual & One pay residual if different.
    98686

    4x2 or 4x4?
    4x4
  • MichaellMichaell ColoradoModerator Posts: 204,965
    G3T0ut said:

    Michaell said:

    G3T0ut said:

    sr5 crewmax 36/10k
    platinum 36/10k
    MF and residual & One pay residual if different.
    98686

    4x2 or 4x4?
    4x4
    .00235 MF
    78%
    74% residual

    Save .00100 on MF for one pay

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  • DustyonetenDustyoneten Member Posts: 10

    Hello,
    Can I have the MF/RV, and any incentives that may be available for 2022 Tundra, Limited, 4x4, Crewmax, 5.5ft bed

    36/10 or 36/12 in 44641, please.

    Thank you!

  • MichaellMichaell ColoradoModerator Posts: 204,965

    Hello,

    Can I have the MF/RV, and any incentives that may be available for 2022 Tundra, Limited, 4x4, Crewmax, 5.5ft bed

    36/10 or 36/12 in 44641, please.

    Thank you!

    36/12
    .00235 MF
    75% residual
    No incentives

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  • ChrisJ20ChrisJ20 Member Posts: 9
    ChrisJ20 said:

    MF + RV on Crewcab 4WD, 36/10 or 39/10, zip 28278. Thanks!
    -Limited 5.5' (8372)
    -1794 5.5' (8376)

    any luck obtaining the SE numbers yet?
  • kyfdxkyfdx Moderator Posts: 206,975
    ChrisJ20 said:

    ChrisJ20 said:

    MF + RV on Crewcab 4WD, 36/10 or 39/10, zip 28278. Thanks!
    -Limited 5.5' (8372)
    -1794 5.5' (8376)

    any luck obtaining the SE numbers yet?
    36/12
    .00175 MF

    71%
    66% residual

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  • DustyonetenDustyoneten Member Posts: 10

    @Michaell said:
    36/12
    .00235 MF
    75% residual
    No incentives

    Any difference going to 36/10k for same specs?

  • MichaellMichaell ColoradoModerator Posts: 204,965

    @Michaell said:

    36/12

    .00235 MF

    75% residual

    No incentives

    Any difference going to 36/10k for same specs?


    Add 1% to residual

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  • gosoonersgosooners Member Posts: 44
    Hello,

    Can I please have Residuals and MF for a Tundra Limited CrewMax 4x2 in ZIP 77429 for:
    - 36mo/10k
    - 36mo/12k
    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 206,975
    gosooners said:

    Hello,

    Can I please have Residuals and MF for a Tundra Limited CrewMax 4x2 in ZIP 77429 for:
    - 36mo/10k
    - 36mo/12k
    Thanks in advance!

    36/12
    .00235 MF and 73% residual

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  • Mcm2013Mcm2013 Member Posts: 17

    May I have the MF/RV and any possible incentives on the Tundra limited crewmax 4x4? Postal code 91202, 36/12k.

    Thank you.

  • kyfdxkyfdx Moderator Posts: 206,975
    Mcm2013 said:

    May I have the MF/RV and any possible incentives on the Tundra limited crewmax 4x4? Postal code 91202, 36/12k.

    Thank you.

    .00235 MF and 75% residual

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  • alanbutz98alanbutz98 tampaMember Posts: 6

    May I get MF and residual on the new Tundra SR5 crewmax 4x2. 33572
    36/10

    Thank you

  • MichaellMichaell ColoradoModerator Posts: 204,965

    May I get MF and residual on the new Tundra SR5 crewmax 4x2. 33572

    36/10

    Thank you

    36/12
    .00175 MF
    75% residual

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  • kenuckkenuck Portland & PhoenixMember Posts: 58
    MF, RV on SR5 Crewmax 4x4 and 2x4, 36/10 98683 Thanks!
    What builds have the .00175 MF?
  • kyfdxkyfdx Moderator Posts: 206,975
    edited December 2021
    kenuck said:

    MF, RV on SR5 Crewmax 4x4 and 2x4, 36/10 98683 Thanks!
    What builds have the .00175 MF?

    .00235 MF
    78%/77% residual for 4WD/2WD

    None

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  • JasoncincyJasoncincy Member Posts: 6
    Looking for Residual and MF for 24/36 month 12k/15k year sr5 crew max. 45069 Thanks
  • kyfdxkyfdx Moderator Posts: 206,975

    Looking for Residual and MF for 24/36 month 12k/15k year sr5 crew max. 45069 Thanks

    2WD or 4WD?

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  • JasoncincyJasoncincy Member Posts: 6
    kyfdx said:

    Looking for Residual and MF for 24/36 month 12k/15k year sr5 crew max. 45069 Thanks

    2WD or 4WD?
    Sorry about that. 4wd please
  • kyfdxkyfdx Moderator Posts: 206,975

    kyfdx said:

    Looking for Residual and MF for 24/36 month 12k/15k year sr5 crew max. 45069 Thanks

    2WD or 4WD?
    Sorry about that. 4wd please
    .00235 MF
    81%/75% residual for 24/36 mo, 15K/yr

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  • Mike011Mike011 Member Posts: 10
    Can I please get RV & MF for 2022 Tundra SR5 Double Cab 4x4 -- 36/10k zip 98198
  • kyfdxkyfdx Moderator Posts: 206,975
    Mike011 said:

    Can I please get RV & MF for 2022 Tundra SR5 Double Cab 4x4 -- 36/10k zip 98198

    .00235 MF and 74% residual

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  • Mike011Mike011 Member Posts: 10
    kyfdx said:

    Mike011 said:

    Can I please get RV & MF for 2022 Tundra SR5 Double Cab 4x4 -- 36/10k zip 98198

    .00235 MF and 74% residual
    How about Limited 4x4 Crewmax please, same lease terms?
  • kyfdxkyfdx Moderator Posts: 206,975
    Mike011 said:

    kyfdx said:

    Mike011 said:

    Can I please get RV & MF for 2022 Tundra SR5 Double Cab 4x4 -- 36/10k zip 98198

    .00235 MF and 74% residual
    How about Limited 4x4 Crewmax please, same lease terms?
    .00235 MF and 76% residual

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  • Sevo84Sevo84 Member Posts: 3

    Hello! May I please ask the MF, RV, and any incentives for 2022 Tundra SR5/4x4, 5.5 foot, 24months/12 k miles, and 36 months/12 k miles. Zip code 78738, thanks so much in advance.

  • kyfdxkyfdx Moderator Posts: 206,975
    Sevo84 said:

    Hello! May I please ask the MF, RV, and any incentives for 2022 Tundra SR5/4x4, 5.5 foot, 24months/12 k miles, and 36 months/12 k miles. Zip code 78738, thanks so much in advance.

    Crewmax or Double Cab?

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  • Sevo84Sevo84 Member Posts: 3

    @kyfdx SR5 4x4 CrewMax 5.5 ft bed please and thank you!!

  • kyfdxkyfdx Moderator Posts: 206,975
    Sevo84 said:

    Hello! May I please ask the MF, RV, and any incentives for 2022 Tundra SR5/4x4, 5.5 foot, 24months/12 k miles, and 36 months/12 k miles. Zip code 78738, thanks so much in advance.

    Sevo84 said:

    @kyfdx SR5 4x4 CrewMax 5.5 ft bed please and thank you!!

    .00235 MF
    83%/77% residual

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  • Tmyers4501Tmyers4501 Member Posts: 3
    Just got quoted a lease payment of $842 a month for 36 month 12k miles on a $62,000 Limited 4x4 Crew cab. Sales manager told me money factor .00229 with 71% residual. This payment seems way off. At about $21k finance over 36 months. Payment should be around $634 a month. What am I missing?
  • kyfdxkyfdx Moderator Posts: 206,975
    edited December 2021

    Just got quoted a lease payment of $842 a month for 36 month 12k miles on a $62,000 Limited 4x4 Crew cab. Sales manager told me money factor .00229 with 71% residual. This payment seems way off. At about $21k finance over 36 months. Payment should be around $634 a month. What am I missing?

    If $62K is the MSRP and also the adjusted CAP, I get $742/mo+tax.
    That's assuming all fees, etc are paid upfront.

    So, not hard to see $842/mo, without knowing the MSRP and sale price, or the amount Due at Signing.

    Also, you aren't financing $21K, you are financing $62K.

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  • Tmyers4501Tmyers4501 Member Posts: 3
    Perhaps I am confused. I thought a lease was simply financing the depreciation over the term. I was taking the $21k depreciations and calculating 5.49% interest over 36 months. I also seems odd that a $42k truck has a lease payment of $359 a month. Even if the truck was double the cost, wouldnt the payment be around $700 a month? $359 a month is $8.54 dollars per $1k financed. 62 times 8.54 equals $530 a month. I would expect the lease payment to be close to this. Is this math off? At $842 a month, I could finance for 84 months and get about the same payment. I thought Lease payments were supposed to be a lot less per month. Especially for a car that has high residuals.


  • kyfdxkyfdx Moderator Posts: 206,975
    edited December 2021

    Perhaps I am confused. I thought a lease was simply financing the depreciation over the term. I was taking the $21k depreciations and calculating 5.49% interest over 36 months. I also seems odd that a $42k truck has a lease payment of $359 a month. Even if the truck was double the cost, wouldnt the payment be around $700 a month? $359 a month is $8.54 dollars per $1k financed. 62 times 8.54 equals $530 a month. I would expect the lease payment to be close to this. Is this math off? At $842 a month, I could finance for 84 months and get about the same payment. I thought Lease payments were supposed to be a lot less per month. Especially for a car that has high residuals.


    The bank that rents you the vehicle has to pay the full price for it. Your finance charges on a lease are applied to the average of the adjusted CAP cost and the residual.

    There is an easy calculation for a lease.
    https://forums.edmunds.com/discussion/12602/general/x/how-to-calculate-monthly-lease-payments/p1

    84 month finance payment is a good comparison for a 36 month lease payment.

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  • Tmyers4501Tmyers4501 Member Posts: 3
    I followed the steps and came up with $782 a month for the lease. I was missing the monthly interest which is based on the total of almost $110K. Says to add Cap cost and residual. That seem outrageous. The monthly interest to lease this truck would be $256 a month. This tells me that Toyota does not want people to lease the higher end models. Does that make sense?
  • kyfdxkyfdx Moderator Posts: 206,975

    I followed the steps and came up with $782 a month for the lease. I was missing the monthly interest which is based on the total of almost $110K. Says to add Cap cost and residual. That seem outrageous. The monthly interest to lease this truck would be $256 a month. This tells me that Toyota does not want people to lease the higher end models. Does that make sense?

    $110K is the amount used with the MF. But, the actual amount is half that (because it's an average). You are converting the MF to an APR, without converting that part of the calculation, as well.

    Yes, the monthly finances charges are high, but the monthly depreciation is tiny (relatively). In the end, they are renting you a vehicle for a monthly payment. Is that payment high, right now? Certainly. There is a vehicle shortage, and supply/demand dictates the deals you get.

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  • KJ_ducKJ_duc Member Posts: 5

    Limited crewmax 4x4 short bed
    Platinum crewmax 4x4 short bed
    24/12 83714
    Please and thank you!

  • MichaellMichaell ColoradoModerator Posts: 204,965
    KJ_duc said:

    Limited crewmax 4x4 short bed

    Platinum crewmax 4x4 short bed

    24/12 83714

    Please and thank you!

    .00235 MF
    81%
    79% RV

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  • scapone1scapone1 Member Posts: 1
    edited January 2
    Numbers for a SR5 for zip code 08753
    4 x 4 crew max

    24/10
    36/10
  • MichaellMichaell ColoradoModerator Posts: 204,965
    scapone1 said:

    Numbers for a SR5 for zip code 08753
    4 x 4 crew max

    24/10
    36/10

    .00235 MF
    83% 24/12
    78% 36/10

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  • Crawfojj44Crawfojj44 Member Posts: 9

    Hello. Looking for RV and MF Limited Crewmax 4x4 (36/10) for 14760. Thank you!

  • MichaellMichaell ColoradoModerator Posts: 204,965

    Hello. Looking for RV and MF Limited Crewmax 4x4 (36/10) for 14760. Thank you!

    .00235 MF and 76% RV

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  • BeavervBeaverv Member Posts: 2
    Hello. Looking for RV and MF Platinum Crewmax 4x4 (36/10) for 75220. Thank you!
  • kyfdxkyfdx Moderator Posts: 206,975
    Beaverv said:

    Hello. Looking for RV and MF Platinum Crewmax 4x4 (36/10) for 75220. Thank you!

    .00235 MF and 74% residual

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  • CJF20CJF20 Member Posts: 4
    ChrisJ20 said:

    ChrisJ20 said:

    MF + RV on Crewcab 4WD, 36/10 or 39/10, zip 29710. Thanks!
    -Limited 5.5' (8372)

    36/12
    .00175 MF
    71% residual
    Do you have updated #'s for January on the same vehicle?
  • kyfdxkyfdx Moderator Posts: 206,975
    CJF20 said:

    ChrisJ20 said:

    ChrisJ20 said:

    MF + RV on Crewcab 4WD, 36/10 or 39/10, zip 29710. Thanks!
    -Limited 5.5' (8372)

    36/12
    .00175 MF
    71% residual
    Do you have updated #'s for January on the same vehicle?
    No change

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  • nyccarguynyccarguy Stamford, CTMember Posts: 15,311
    Good morning. Can I please have January's lease residual & money factor for a 2022 Tundra TRD Pro 4WD (36/10 & 24/10) in 06902? Thanks!

    2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Unlimited 4Xe

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