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Toyota Residual Values

arealinvestorarealinvestor Member Posts: 16
edited March 2022 in Toyota
I read on this site, that Toyota Residual Values are based off Starting / Base MSRP(without Accessories & Packages) instead of Total MSRP (with Accessories & Packages). Can anyone confirm this?

Comments

  • MichaellMichaell Moderator Posts: 248,113

    I read on this site, that Toyota Residual Values are based off Starting / Base MSRP(without Accessories & Packages) instead of Total MSRP (with Accessories & Packages). Can anyone confirm this?

    That is not true.

    Residual is always based off the total MSRP - bottom line number of the factory window sticker, with all options, packages and destination charges.

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  • kyfdxkyfdx Moderator Posts: 247,558
    Michaell said:

    I read on this site, that Toyota Residual Values are based off Starting / Base MSRP(without Accessories & Packages) instead of Total MSRP (with Accessories & Packages). Can anyone confirm this?

    That is not true.

    Residual is always based off the total MSRP - bottom line number of the factory window sticker, with all options, packages and destination charges.
    Actually, depending on where you live, this may be the case. Southeast Toyota Finance is pretty famous for this.

    In times past, TFS also didn't use the full MSRP.

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  • arealinvestorarealinvestor Member Posts: 16
    edited March 2022
    Actually, depending on where you live, this may be the case. Southeast Toyota Finance is pretty famous for this.

    In times past, TFS also didn't use the full MSRP.

    I've read this exact same thing on older post, on this site. That is why I made this thread. I'm wondering, if this very thing, is going on in my (NJ)area. I'm in the market for a new Tacoma Limited & have put together some numbers & I seem to be way off. I've gotten Residual numbers from here(for a 3yr/15K lease) & I question whether they match up? I've also expressed, to contacted dealers, that I'm not willing to pay a mark up!!!!








  • kyfdxkyfdx Moderator Posts: 247,558
    edited March 2022

    Actually, depending on where you live, this may be the case. Southeast Toyota Finance is pretty famous for this.

    In times past, TFS also didn't use the full MSRP.

    I've read this exact same thing on older post, on this site. That is why I made this thread. I'm wondering, if this very thing, is going on in my (NJ)area. I'm in the market for a new Tacoma Limited & have put together some numbers & I seem to be way off. I've gotten Residual numbers from here(for a 3yr/15K lease) & I question whether they match up? I've also expressed, to contacted dealers, that I'm not willing to pay a mark up!!!!





    Chances are, they are adding excessive fees, and possibly marking up the money factor. That's more likely than the MSRP/residual not matching up.

    It's possible that TFS has an maximum MSRP they'll residualize, and if they do, that's more likely to come into play on a highly optioned trim, like the Limited.

    But, unless the dealer shows all the numbers with their quote, you won't know.

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  • ALSH2020ALSH2020 Member Posts: 15
    Hi
    Can I please get MF and RV for RAV4 Prime XSE at 07010?
    Also, are there any special incentives?

    Thanks!
  • MichaellMichaell Moderator Posts: 248,113
    ALSH2020 said:

    Hi
    Can I please get MF and RV for RAV4 Prime XSE at 07010?
    Also, are there any special incentives?

    Thanks!

    36/15
    .00011 MF and 56% RV
    No lease incentives

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This discussion has been closed.