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Rav-4 Base with Options Package
for 296/Month nothing down except MV Fees.
Sounds very decent to me...what do you think? Going in later today to get Money Factor, etc. from quotes I received, all local toyota dealers arrive around the same price range on monhtly payment.
I was going to buy an Outback, but I figured I can't go wrong with a lease of a RAV-4 for my purposes (hauling the kids aronund town)....last months' lease price wasn't worth it....this (I think) is a no brainer. THoughts?
Rav 4 SPORT No money down - just DMV and 1st Payment = $270 Seems like a steal to me.
$270 per month with only first months payment is a steal.
$285/mo with NO MONEY down even incl DMV fee, tax, GAP ins and 1st payment.
36 mo with 12,000 mile per year.
The dealer is in NJ
Could you let me know which dealership was this? I was looking similar deals in Northern NJ/Rockland-NY area.
Get an internet quote from Rockland Toyota...you'll be impressed at what they can come up with. I closed my deal the other day...
**Thank you for your interest in a 2010 Rav4 sport. I figured a lease on 36 months 36000 miles, with excellent credit and $1500 down. The MSRP is $26343 I will sell it at $24866 and the residual value is $24866. Using all these numbers the monthly payment is $221.**
If you roll in the tax, it will be about $249/Month - a steal.
I was there over the weekend to close the deal. Perfect. No visits from Sales Manager or Finance guy. Just sat down and closed the deal in about 30 minutes. I'm still waiting for the "gotcha" - but hasn't happened yet. They tried to sell me Gap Insurance, but didn't push it after I said I had to look into it. Very nice - too nice. I'm a New Yorker so I'm always suspicious. :-) I pick up the truck later this week. I get the feeling that Toyota is really telling dealers to do whatever they need to do to get vehicles on the road. Every Toyota dealer I dealt with seemed very desperate to make a deal and I was floored at some of the quotes I got without negotiating and how willing they were to match eachotehr's low offers.
$1299 down and 199/month looks nice, but hoping to do better. Credit isn't an issue.
Any advice on what I should push for?
2010 RAV4 BASE 4WD 4CYL +EVP = $1000 Due and $220 OTD price
2010 RAV4 SPORT 4WD V6 +EVP=$1000 Due and $299 OTD price .
I think it can get better ?
$ 1500 down
$ 222 month (includes everything - this was even the quote I was given over email which was nice since most people thought that the $ 222 quote included tax, title, gap, etc.)
2010 Rav-4 Sport Edition w/extra value pack, mudguards, and floor mats. The car is SHARP and I highly recommend the Black Forest Pearl color if you can find it.
I couldn't be happer with the purchase. The money factor worked out to be .00004 or .00001 (can't remember which).
$365 down, $240/monthly includes everything with GAP. MF 0.00002
Edmunds and Toyota's own website says the following for 2010 Rav4 Base 2wd 4cyl Auto transmission -
MSRP = (Base Price) $21,675 + $800 (Dest Charge) = $22,475
[So, this MSRP includes dest charge]
Now, when you look at toyota.com announced lease deals for the exact same model -
Lease a new 2010 RAV4 for $229.00 per month for 36 months*
MORE INFORMATION
Manufacturer's Suggested Retail Price:Manufacturer's Suggested Retail Price excludes the Delivery, Processing and Handling Fee of $750 for Cars and $800 for small/medium Trucks (Sienna, RAV4,
Disclaimer:*Due at signing includes $0 down, first $229 payment, and no security deposit. Tax, tags, and insurance are extra. Customer is responsible for excessive wear and excess mileage charges of $.15 per mile in excess of 36,000 miles. Your payment may vary based on final negotiated price. NOT ALL CUSTOMERS WILL QUALIFY. 2010 RAV4 Front Wheel Drive Model 4430, MSRP $22,420. Lease offer is not valid with any other Cash back or APR offer
So, the * points to a disclaimer which says what the MSRP is but does not say if that includes dest charge. And a generic para about MSRP says it excludes Dest Charge. So, let's assume the MSRP does NOT include the dest charge. Then the total MSRP including dest charge = $22,420 + $800 = $23,220
But their own website (toyota.com) says the MSRP including dest charge = $22,475.
Bottom Line on top-of-the-line:
2010 Toyota RAV4 Limited V6 4x4
Limited Extra Value Package 2 (Integrated backup camera, Daytime Running Lights, power tilt/slide moonroof with sunshade, touch-screen DVD navigation system, AM/FM CD player with MP3/WMA playback capability, leather seating surfaces, 8-way adjustable power driver's seat with power lumbar support, driver and front passenger heated seats and 120V AC power outlet, Tow Prep Package)
Floor Mats & Cargo Mat
$300 per month with $500 total out of pocket (first payment and about $200 cap cost reduction)
Add NY Tax it's $326
I even added the Toyota remote start and Toyota mudguards which brought me up to $349 total per month with $500 out of pocket for the top of the line with V6 and Nav. This is a sick program and anyone who qualifies should jump on it. My car is fully loaded except for a few items I chose not to add like XM, Bluetooth handsfree, and a few other nicknacks. But even if I put EVERYTHING in there it would be hard to reach a $400 a month with $0 downpayment. Just for comparison (I was going to get this car last month, I'm glad I waited) a normal program on the $400 car I mentioned with stellar credit and $0 down is about $550. That's $150 per month saved! Way to go Toyota!
$179/month with $1,299 down for 36 months - 12,000 miles/year
or
$99/month with $2010 down for 39 months - $10,000 miles/year
10,000 miles/year seems really low, so I'm wondering what you all think of the first option. They said they couldn't tell me the residual payment over the phone -- we are definitely interested in the possibility of purchasing the vehicle at the end of the lease. What should that magic number be??????
Also, they said with excellent credit we could end up putting much less or nothing down... Sounds great, but where is that money coming from? Do they just tack it onto the end residual payment?
So confused! Please help! Also, do you all recommend GAP coverage?
$295 (includes 7.75% tax) a month with first month paid at drive off.
35 payments of $295 left to go.
3yr / 36,000 miles lease
2010 Rav4 Limited V6 4X4
Extra value package which included NAVI.
Blu Logic, Carpet floor mats
MSRP 32,179.
Residul 20,100
Money Factor .00002
RAV4 Base 4cyl 4WD Forest Black Pearl with Extra Value Package (17inch Wheels, Roof Rails, Privacy Glass etc); Tonneau Cover; Floor Mats
MSRP: 24,284 + 6.25% Tax
Sticker: $22000 (approx)
Residual: $16,000
Money Factor: 0.00002 (0.48%)
Lease: They are offering sign and drive out the door for $0 (no fees, registration, title etc, first month payment etc) then $199/month (inc tax) for 35 Months. They are also throwing in first service @ 1000 miles
This includes $1000 college discount
I've done a lot of research and visited a number of dealers, but this seems like a no-brainer?
Anyone have any thoughts?
Hope this helps.
When compairing lease deals you need to have these figures given to you by the dealer. Don't just go by Monthly Payment.
Length and # miles in the lease: example 3yr/36,000 miles.
MSRP of the vehicle AND does this include destination charge.
Selling Price of the vehicle: Price lease is calculated on. This is the most important value and can make a big difference in your monthly payment and tot al for the entire lease. This can be negotiated just like if you were going to buy the car outright.
Cash due at signing: This should be as close to ZERO as you can get.
Tax rate for your address
Money Factor of the lease
Residual Value of the vehicle at lease end: Usually a % depending on trim level and # miles in lease. GET EXACT NUMBER from dealer and ask how they calculated it.
Acquisition Fee to lease vehicle: Toyota charges 650
Diposition fee to return if you do not buy the vehicle: Toyota Doesn't charge this
List all this or call dealer and tell them to give you ALL these figures and I can work out what your payment is and if it is a good deal or not.
How did you get this deal? I just signed a lease deal on 2010 RAV 4 Base for
275 per month including tax, registration and GAP ins with 0 money down in NJ.
36mos/36000miles. I have not picked the car yet b/c they haven't got it.
Your limited RAV4 has much higher MSRP but the payment is jus little over mine.
Is it possible to walk away from the signed contract since the vehicle has not been picked up?
For the benefit of all, do these numbers look ok for negotiating a Lease on a
Base 2010 Rav4 Base 4x4 4-cyl 4-speed Automatic ($23075)
+ EVP ($120)
+ Carpets ($199)
+ $800 dest Fee
==> Total MSRP : $24194
==> Edmunds TMV Price : $22,618
==> Incentives : - $1000 (College Credit)
==============================
Negotiated Or Sale Price = $21618
==============================
Acquisition Fee : $650
Sales Tax : $1131 (5% of $22,618)
Dealer Processing Fee : $379
GAP Insurance : $350 (I am not sure exactly)
===================================================
Total Cost : $21618 + 650 + 1131 + 379 + 350 = $24128
===================================================
Residual : 0.69 of MSRP = $16,694
Money Factor = 0.00001 (0.24% APR)
So, that's around $196/month with 0 money down + Title and Registration fees (which is around $250)
Does this seem right?
$196/month for 36months + 250 = $7312 (With $1000 college credit)
OR
$179/month for 35months + $1299 = $7565 (pretty close, but this should include $1000 college credit)
Money Factor is pretty much nothing
Wow, this is a very very good deal. I am not in the market for a new car, but I always follow the new car industry. Do I dare say this is the best lease deal in years......?????
Remember folks, Toyota is hurting. Always fight for a better deal because they aint selling their cars to anyone right now.
I am looking to lease 2010 Rav4 Fwd Sport Base in Florida.
What would be money factor/residual value?
I am currently leasing 2007 Rav4 AWD Base ($299 a month, few months left) and I hear about very good deals.
Please, tell me if this is a good deal,dealer claim they are in short supply of this car.
the best deal i was able to make.RAV4 V6, Base Silver
TOP $1500, 36 month lease, 15 K per yr, $246 a month including taxes in NY.
Res.: 63%
$325/mo incl. tax for a 36m 12k lease.
And they added the XM radio.
Current MF for 12k is .00060 (sport & limited)
MF .00060
RES dont know
They are paying $3300 off on my trade in (VW lease return that i'm 20k over miles)
36mo 12k
Down $2499
Monthly 376 + 39 tax = $415
Im pretty sure there's still some room for negotiating - any thoughts...
Thanks for your help
Rav4 Sport with extra value package and carpet floor mats.
MSRP $26,244
Sale price $25,000
MF .00060
Residual $17,299
Tax 7.75%
$500 returning Toyota Loyalty Certificate
Payment $268 with 0 down
What do you think?
Thanks
The current money factor in New York and New England is .00060 and the acquisition fee is $650. I completed the deal in the post above and was happy with the results. I purchased my vehicle at Handy Toyota in St. Albans, VT, but I had other dealers willing to match it. Sadly there were others who were still quoting over $300 per month.
Thanks
2010 Rav 4 Limited
V6, with value package 2.
List is about $33k or so. I live in NYC so I would like sales tax rolled into payment.
Thanks
They showed us an MSRP of $31,800 and they said they could get it down to I think $30,500. We were looking to lease. The deal was 36 months, 15,000 miles per year. We put 0 down and they would pick up the first payment.. so we would only have 35 payments. The residual value was around $19,500.
The cost was $399. When you factor in the first month free its actually $388. Also, they have no closing costs and the free bluetooth..
I am in PA and have no clue if this is a good deal. The depreciation payments are $305 and the other $83 is the money factor and interest? I wasn't quoted the money factor and I"m not sure how taxes are calculated on lease payments in pa?