Last post on Mar 05, 2013 at 6:22 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Toyota 4Runner, Car Leasing, SUV
#207 of 331 Re: 2007 SR5 V8 4WD-California [914runner]
Feb 18, 2007 (7:08 am)
Welcome 914runner. I'm glad that you find this forum so informative. Let's take a look at the selling price that you were quoted for this truck. A base 2007 Toyota 4Runner R5 V8 4WD has a spread of around $3,400 between its full MSRP and its dealer invoice price. You were quoted a discount of $2,979. That's probably around $500 over invoice, which isn't a bad price for this truck. Toyota's lease program for this truck varies by region, but in most of the country its 36 month buy rate lease money factor for consumers who qualify for its "Tier 1+" credit tier is .00181. Make sure that the dealer that you are working with uses this money factor and the payment that you were quoted to calculate your truck's monthly payment and you're in business.
It is in your best interest not to make any sort of down payment when leasing. Consumers who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
Prices Paid Forum
Feb 18, 2007 (7:12 am)
Hi dad23. Toyota's lease program for this truck varies by region. I haven't seen its specific program for its Denver region recently, but in most of the country Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 4Runner SR5 4WD with 12,000 miles per year are .00181 and 60%, respectively. Unfortunately, the $1,250 customer cash that is available on this truck in your region is not compatible with this special lease program.
Prices Paid Forum
#209 of 331 2007 Sport Edition V8 4WD
Feb 20, 2007 (6:00 pm)
Hi Car Man,
Please compute a lease figure for the following:
MSRP: $ 34914.00
Selling price for lease deal:$ 32000.00
sales tax .065 northeastern IL
Have very good credit. Do you know if anything will change in March? Im having a hard time finding a white version of this truck within 100 miles; V8s seem to be rather scarce.
Feb 22, 2007 (4:05 pm)
Hey Car Man,
I forgot to ask if you can provide the 27 mo. 15k residual value for an 07 4runner sport edition 4wd V8 in the Chicago area? Appreciate all the work you do; I see you on a lot of other forums.
#211 of 331 Limited MSRP $40,419 - what is lease payment ?
Mar 03, 2007 (10:13 am)
I'm looking for lease estimates and opinions based on the following 2007 Limited with MSRP of $40,419 including destination fee.
Options included: JBL, Side air bags, Spoiler, Day running lights, Moon Roof, Tow, cargo mat/kit.
What is a realistic payment expectation to lease this vehicle for 36 months/15k ?
I'd like to be around $400 a month with little out of pocket. Is this overly optimistic ?
#212 of 331 Re: Limited MSRP $40,419 - what is lease payment ? [bassmiesternj]
Mar 03, 2007 (12:47 pm)
bass.....you need to post the selling price you negotiated, the money factor and the residual value your dealer told you they would use. Without those, it's impossible to caclulate a lease payment. Are you able to get those? Also find out what they are charging you for an "acquisition fee" because they will often mark that up a couple hundred bucks to capture a little more profit.
Yes, I think you're overly optimistic about $400.
#213 of 331 4Runner Lease Rates in NJ
Mar 03, 2007 (3:57 pm)
Can you please post the MF and residual for 4Runner SR5 V6 and V8 models for 36 month, 12k miles per year lease in NJ (or Northeast Region)?
#214 of 331 Re: Limited MSRP $40,419 - what is lease payment ? [billmv]
Mar 05, 2007 (9:20 am)
MSRP: $ 40354.00
15000 miles a year and 39 months:
$0 down = $589
$1500 down= $547
$2500 down= $519
cap cost $33900
money factor .003090
#215 of 331 Re: Limited MSRP $40,419 - what is lease payment ? [bassmiesternj]
Mar 05, 2007 (4:39 pm)
Man, that sure seems like mucho dinero. I just got a 2006 4Runner about 6 months ago, 12k mi/yr, 3 yr lease, 4 wd, 6cyl, sunroof but basic model and we pay $315/mo plus tax equals $326/mo net. And a few others got better deals than me so $589/mo is a no brainer for me, I personally wouldn't touch it even if this thing was dipped in gold. Now I'm talking the SR5, not the limited, but big woop, there aint THAT much difference between the two. JMHO.
#216 of 331 Re: Limited MSRP $40,419 - what is lease payment ? [galevin]
Mar 05, 2007 (5:58 pm)
I realize that.... I'm posting the numbers on the Limited so that they can be crunched and analized "here" before I go back to a dealer and start negotiating... this is just a first pass, not anything I would sign up for.