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Smart Shopper Smart Shopper-Archives Lease Questions - Ask Here 
23872 messages, Last post on Sep 20, 2005 at 8:08 AM
You are in the Smart Shopper-Archives Forum. Your Hosts are kirstie_h & tidester
Toyota is advertising a 05 D-Cab with Louisiana Sport Edition Package for $256.00 for 36 months. What could be some tricks regarding this lease. I almost through with my 01 Access Cab lease  $370.00 per month and this would be a major upgrade. any advise? Tundra Jim |
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Thanks for the additional information, sfowler2. I believe that Virginia is in Toyota's Central Atlantic region. If you were to lease a 2005 Toyota 4Runner SR5 2WD through Toyota Financial Services in that area right now for 3 years with 15,000 miles per, its base lease money factor and residual value should be .00131 and 60%, respectively. The money factor for an otherwise identical lease with 12,000 miles per year would be the same, but the residual value would be 2% higher. Similarly, the residuals for the '05 SR5 4WD would be 2% higher as well. Car_man Host Smart Shopper Forum
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You're welcome, Jeff. I am glad that you have found this discussion so helpful. Different states use different methods for calculating sales tax on leased vehicles. If you let me know what state you are in, I can try to shed a little light on how it is done in your area, or at least point you in the right direction. On a typical lease, consumers have to pay their vehicle's first month's payment, a security deposit that is equivalent to that payment rounded up to the nearest $25 or $50 increment, their bank's lease acquisition fee (it should be $595 for AHFC), any any sort of capitalized cost reduction that they choose to make (this should be $0). Car_man Host Smart Shopper Forum
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Hi CarMan! I hope you can help me. I am looking at leasing a 2005 Jetta GLS sedan or wagon, for 36 months at either 12k or 15k miles per year. Could you please give me the residual value and money factors for all the above. I would like to figure out a lease payment before I go into the dealer to negotiate. Also, see that there is a $1000 manufacturer to dealer incentive on this car till 2/28/05. When I figure out what I feel is fair to pay for the car, can I just know off $1,000 to the price? Is that how it works? Because I know they get that kick-back? Please explain if this is the correct theory. Again, you are a temendous help to all of us! Thank you !! Gina |
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Replying to: Car_man (Jan 09, 2005 7:20 am) EX automatic 2wd; 36 month lease, which mirrors the warranty length. not many options that i can find. i'll add carpet floor mats and a cargo cover. anyway, what would be the money factor and the residual percentage on this vehicle. i'll do a search on the site, but if you have any anecdotal thoughts you'd care to share about the element, i'd be pleased to hear them. (i'm turning in a 2001 volvo v40. i'd give it a B+ on 'zoom, zoom,' and also a B+ on comfort and noise levels.) thanks, valleydriver |
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Hi Car_man. I have tried to better educate myself via this board, your patient feedback and the website as a whole. Thanks, again. Here is where I am at: 2005 Acura Tl (non-navi) 42 months 15k mi/year MSRP $33,470 (incl destin) TMV $33,000 Invoice $30,000 (per edmunds) sales tax 6.5% money factor 0.00210 (per dealership) residual .54 (per dealership) the dealership is discussing the following terms: 42 months & 15k mi/year (52,500 miles allowance) $500 total out of pocket $460 monthly pmt (tax incl) Your thoughts??? this same dealer said that I am paying $100 UNDER dealer invoice...when I worked with the Edmunds Lease Calculator (the long way) I came up with a cost to me of $31,800. However, dealer said I am paying $30,600 (dealer cost of $30,700) Is anything in my eval even a little correct??? I realize I broke a cardinal rule, and should have negotiated the purch price 1st, instead of working backwards.........Look forward to your response.... |
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| I plan to lease 2005 330i ZHP or 330Ci ZHP 30000/3yrs. Where can I find the good deal? | |
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Replying to: Car_man (Jan 14, 2005 10:02 am) |
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Replying to: Car_man (Sep 03, 2000 3:27 pm) |
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Hey car_man, You helped me out 3 years ago when I leased my current car. Your information was so great that I had to come back for more! Do you have residual and money factor numbers for the 05 TL automatic with Navi at 15K miles for 36 months? Any information on what the purchase price should be? Thanks for the help!
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