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You are in the Prices Paid - Buying & Leasing Experiences
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Toyota 4Runner, Car Leasing, SUV
#235 of 331 Re: Car Man- some assistance [krochelli]
Apr 25, 2007 (2:16 am)
You're right, Keith. The way that Toyota Financial Services calculates vehicles' residual values makes leasing through it much more confusing than leasing through most other banks. TFS did publish new residual values for the month of April. Its current residual value for a 36 month month lease of a 2007 4Runner SR5 4WD with 15,000 miles per year is 56%. Again this is for a base truck. TFS places limits upon which options can be residualized.
Prices Paid Forum
#236 of 331 Re: Car Man- some assistance [Car_man]
Apr 25, 2007 (6:53 am)
Thanks Car Man. I ended up getting the 2WD version of the truck last night as the 4WD version was significantly more expensive due to the option residual issues.
Here's the final deal:
Selling price: 28.1k
Money Factor: .00181
Acquisition fee: 550
With 8.25% tax, total is $416 a month which i thought was a pretty good deal all-in-all. The 4WD version which stickered for 34+ would have been $480 a month, which is quite a difference (effectively, i would have been paying full value of the difference in MSRP in the lease at $700 a year)
Cheers and thanks again!
#237 of 331 Re: CarMan, analyze this 2007 4Runner Limited Lease => [Car_man]
May 05, 2007 (1:15 pm)
How good, or bad, does this offer sound for a lease of a 2007 4Runner Limited? Location is Omaha, NE.
w/6500 due at start
3yrs 36,000 miles
$395-400 plus tax per month
including tax $425 per month.
Money factor .00191
#238 of 331 Re: Car Man- some assistance [krochelli]
May 21, 2007 (2:48 am)
No problem, Keith. Thanks for taking the time to report back on the deal you got. Enjoy your new truck !
Prices Paid Forum
#239 of 331 Re: CarMan, analyze this 2007 4Runner Limited Lease => [questionman]
May 21, 2007 (3:09 am)
Hello questionman. Let me begin by saying that $6,500 is way too much money to pay at lease signing. One of the major advantages of leasing is that one can get the vehicle that they are interested in without having to pay a lot of money at signing. Consumers who pay a lot of money at lease signing are taking an unnecessary risk that they will lose all or part of that money if their vehicle is totaled in an accident or stolen and never recovered.
The money factor that you mentioned in your post looks good to me, but you never mentioned what this truck's selling price is. This is a very important number to know when leasing because it shows you how much of a discount you are being given. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I would be happy to give you my opinion of this deal if you tell me what the selling price is.
Prices Paid Forum
May 27, 2007 (3:52 pm)
I'm just wondering why it is bad to pay a high downpayment? The reason that I want to put 5000 down on a 4runner is so that I don't have to worry about higher monthly payments. Is this a bad idea? I haven't told a dealer that this is what I want to do but i've been thinking about it.
#241 of 331 Re: Looking to lease a loaded '06 Limited V8 with 3rd row seats [cwakefield]
Jun 15, 2007 (1:22 pm)
After doing my homework, I leased a 2005 Toyota 4-Runner for $385/month. I think I paid $500 for a down payment, but I'm not positive.
If you want more info, send me a message.
#242 of 331 Re: Looking to lease a loaded '06 Limited V8 with 3rd row seats [skydan5]
Jun 17, 2007 (2:17 pm)
In addition to the previous post I wrote, I can be contacted at dmorgan3370yahoo.com for info about my 4-Runner lease and who I did business with.
#243 of 331 Looking to lease a very basic SR5 4Runner
Aug 29, 2007 (11:25 pm)
Car_man (or anyone else that can help),
I am in the Southern California area and I am looking into leasing a basic model SR5 V6 4x2 4Runner. What would the monthly payments look like for a 36-month 12k/year or 48-month 12k/year lease? Also, how would the 'incentive/rebate' i see on the Edmunds pricing report get calculated into this?
Here is the information you will probably need:
MSRP (according to Edmunds): 28,320
Invoice (according to Edmunds): 25,362
TMV (according to Edmunds): 25,629
Customer Cash Adjusted True Market Value: $23,129
Credit: Tier 1
Mileage: 12k per year
Assuming that I am able to negotiate a selling price that is identical to the Edmunds TMV, what should my monthly payments look like for a 36-month and a 48-month?
Also, as far as lease programs or incentives go, is this a good time to buy a 4Runner? I am willing to wait at least 1 month. Would you know of any benefits in waiting until late September?
Thank you in advance.
#244 of 331 4runner money factor/residual numbers please
Sep 17, 2007 (11:35 am)
Carman or kyfdx,
Could you please post the September money factor/residual numbers that Toyota is using for 4runner sports and limited models please? Also, would these numbers still be offered along with the current $2500 rebate that Toyota is offering on the '07 models? If not, what kind of money factor would one expect if they took the cash rebate?
Thanks very much.