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Toyota 4Runner Lease Questions

331 messages,  Last post on Mar 05, 2013 at 7:22 PM

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What is this discussion about? Toyota 4Runner, Car Leasing, SUV

Messages Page 27 of 34

#252 of 331 2008 Toyota 4Runner V6 4WD Limited by wrj1

Mar 27, 2008 (2:48 pm)

Car man,
 
Was wondering if you might be able to advise. Am looking at a 2008 V6 Limited w/ carpet/cargo mats, JBL synthesis, Extra Value Pkg and Tow Hitch at Toyota Marin, CA, and am wondering whether the deal is good or not. Considering a 36 mo lease, 12000 miles, and nothing down.
 
Retail Price: $36975 w/ 1880 in accessories.
Dealer Price: 31909 w/ 1424 in access.
(For reference: Edmunds MSRP: 36975 w in 1560 access,
Invoice: 33017 with 1215 in access, and
TMV as 33,893 with 1326 in access.)
 
Cap cost = 36,774.
Residual: 22,046
No security deposit.
Monthly payment: $482.74
Monthly payment with tax: $520.37
 
I have been looking at a Volvo XC70 w/ the works ($42K selling price) and Touareg2 V6 w/ lux ($43K selling price) and have gotten quotes for (XC) $530/mo for 24 mo with nothing down and 10500 and (Touareg) $570/mo for a 36 mo lease (first month paid by VW), nothing down, 12000 miles, respectively. These cars are essentially $10K more yet their leases are fairly comparable.
 
Surely I can get a lower monthly payment, yes? But how??
 
Many, many thanks!

#253 of 331 April 4Runner lease incentives by looking4asoob

Apr 03, 2008 (12:21 pm)

The Toyota website listed April lease incentives look great on the 4Runner. Lured me away from the Highlander. I have sent emails to the dealer to get the full details. Has anyone taken advantage of this yet?

#254 of 331 4 Runner Money Factor and Residual Values by jcook

Apr 09, 2008 (4:53 am)

What are the current going rates for the money factor and residual value for a 2008 limited 4runner?

#255 of 331 Re: 4 Runner Money Factor and Residual Values [jcook] by wrj1

Apr 09, 2008 (8:00 am)

Replying to: jcook (Apr 09, 2008 4:53 am)
The current money factor (which I will likely improve further in May) is .00087. Residuals after 24 mo: 23,525; after 36 mo; 21,306-22,046; after 48 mo. 18,198-18,938.
 
At least that is what I was told and what my paperwork reflects...

#256 of 331 2008 4Runner Limited by rjohnson1987

Apr 16, 2008 (5:36 pm)

Where can I find the residual values and money factors for leases through Toyota Financial? Including any exta incentive through the Encore program.
 
I'm looking at a 4Runner Limited V8 with MSRP of $43494. Dealer has offered $38413 including rebate. I want a 36 month lease with 15K miles per year.

#257 of 331 4Runner SR5 2WD residual and money factor? by passat_mx

Apr 18, 2008 (1:34 pm)

Hi,
 
Does anyone know the residual and money factor for the 4Runner SR5 2WD, 3yrs, 15k miles per year? I'm in Southern California.
 
Thanks!

#258 of 331 Re: 4 Runner Money Factor and Residual Values [wrj1] by ez2beme00

Apr 22, 2008 (8:40 pm)

Replying to: wrj1 (Apr 09, 2008 8:00 am)
Do you really think 4Runner lease offers will be lower in May? I was thinking about getting one this month but now I may wait.

#259 of 331 Re: 4 Runner Money Factor and Residual Values [ez2beme00] by wrj1

Apr 22, 2008 (9:09 pm)

Replying to: ez2beme00 (Apr 22, 2008 8:40 pm)
ez2beme00,
 
I am no car guru. Just a participant in this forum. However, considering the current state of financial markets, dismal consumer spending, and poor auto sales, and given that Toyota March sales continue to be down from Feb. and that 4Runner sales are 34.4% less ytd, I am hedging my bets and guessing that better incentives (or at least not worse ones) are on the horizon. But again, I am NO expert. Do what's best for you.

#260 of 331 Re: 2008 4Runner Limited [rjohnson1987] by Car_man HOST

May 27, 2008 (2:10 am)

Replying to: rjohnson1987 (Apr 16, 2008 5:36 pm)
Hi rjohnson1987. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 4Runner Limited V8 4WD with 15,000 miles per year are .00087 and 55%, respectively for consumers who qualify for its "Tier 1+" credit tier. Keep in mind though that TFS calculates vehicles' residual values differently than most banks do. Most banks just use a straight percentage of vehicles' full MSRPs including all options, but TFS places restrictions upon what options can be residualized. This makes it difficult to estimate what a lease payment will be on a lease through TFS.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#261 of 331 Re: 4Runner SR5 2WD residual and money factor? [passat_mx] by Car_man HOST

May 27, 2008 (2:15 am)

Replying to: passat_mx (Apr 18, 2008 1:34 pm)
Hi passat_mx. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Toyota 4Runner SR5 2WD with 15,000 miles per year are .00087 and 55%, respectively. Keep in mind though that TFS calculates vehicles' residual values differently than most banks do. Most banks just use a straight percentage of vehicles' full MSRPs including all options, but TFS places restrictions upon what options can be residualized. This makes it difficult to estimate what a lease payment will be on a lease through TFS.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 27 of 34

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