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2014 Toyota 4-Runner Lease Questions
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What is the MF and residuals on 24/12 and 36/12. I dont want to pay more than $350 a month on my lease. Please advise if I can get a 4runner lease for around $350 with zero down?
thanks
.00185 MF. No residual information available.
Without knowing the MSRP and selling price, we won't be able to model a payment, though $350/mo does seem a bit of a stretch.
Kyfdx - A dealer in Arkansas gave me the following OTD prices.
1. 1. SR5 regular (black) - $35,983
2. SR5 Prem (Gray) - $39,520
3. SR5 Prem (Black) - $38,441.
All have 3rd row seating. When I asked her for lease quotes she said only SR% Prem is available and quoted me a lease of $554.28 per month. I dont know where she got his rate. With a quote of $35,983 what is the best lease deal I can get for 12000/36 months lease. Zero down.
I have asked her if she can send me the calculations so that I can check.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
SR5 and SR5 Premium
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
thanks@ michaell
1. Total OTD for SR5 prem black 3rd row seats - $36,268
2. Residual - $22,866
3. Int Rate - 3.53% i.e 3.53/2400 = MF = .00147
4. Monthly Lease = $443
5. Zero down
Total value of car after 36 months = 443*36 = 15948+22866 = $38814.
Is this a good deal or can I get better deals? Please advise asap
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
With an MSRP of $39,150 and a net cap cost of $36,268, a residual of 59% and the MF of .00147, I get a pre-tax payment of $453.09/mo for 36 months.
As previously noted, Toyota leases are extremely difficult to calculate. Individual options are not residualized, so the residual value of $22,866 isn't a straight percentage of the MSRP, as it is for all other manufacturers. However, 59% is pretty close (residual value is $23,098.50), so the monthly payment doesn't change all that much.
If you're comfortable with the selling price and we've confirmed the MF, then this looks like a pretty solid deal.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I am trying to lease it from a dealer in AR and I live in TN.
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What is a balloon note. I don't know anything about that
@kyfdx - what's a ballon note, please advise
You'll notice your paperwork mentions "balloon amount" and not "residual", and "amount financed", and not "CAP cost". Those terms, balloon and amount financed, are not usually used with a lease.
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But, in Texas the entire purchase price ($34,650) is subject to sales tax, which increases the monthly payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
The only MF I have is .00160 for the 2015 4Runner .. if this is a 2014 your quote is for, I can't confirm the MF.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4