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Toyota 4Runner Lease Questions

272 messages,  Last post on Aug 27, 2008 at 7:46 AM

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

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#265 of 272 Re: Good time to lease a 4runner? [lilelvis] by Car_man HOST Jul 14, 2008 (2:14 am)
Replying to: lilelvis (Jul 06, 2008 6:06 pm) Hi lilelvis. July marks the beginning of a new quarter, which is generally the time that banks make adjustments to vehicles' residual values. So most trucks' residuals dropped by a couple of points this month. Having said this, in my opinion most trucks residuals are still unrealistically high at this point. I thank my lucky stars every day that I am currently leasing my SUV. The bank that I am leasing it through is going to take an absolute bath on it.   By the way, since you are new to the world of leasing you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#266 of 272 2008 Toyota 4Runner Lease by matrsoskin Jul 14, 2008 (2:49 pm)
Hi folks,   I thought I could share with you my outstanding lease experience with the Westboro Toyota (Boston area): 2008 4Runner V6 4WD Sport Edition, 36 months/12K miles per year, for $424/month with $424 due at signing. I flew in, drove back ~800 miles and still saved ~$1500 compared to the best offer I had received from the local dealers within the 300 miles radius. The typically equipped SR5s can be leased for $399.75 with nothing down!   Cheers
#267 of 272 Cap Cost? by paul9903 Jul 27, 2008 (6:33 pm)
First time leaser and don't know what I should be looking at for a cap cost.   Right now looking at a 36 month lease on a '08 4Runner Limited V6 RWD. The dealer is quoting a cap cost of invoice, advertising fee, $10 gasoline charge, $434 for Sirius sat. radio, and $500 dealer "profit".   Is that something I should negotiate down on considering the economy and car buying climate?   Much thanks in advance for any/all help on this. Replies to this message: Car_man (Aug 13, 2008 3:52 am) wrj1 (Aug 13, 2008 2:39 pm)
#268 of 272 Re: Cap Cost? [paul9903] by Car_man HOST Aug 13, 2008 (3:52 am)
Replying to: paul9903 (Jul 27, 2008 6:33 pm) Hi paul9903. $500 over dealer invoice is a reasonable selling price for a 4Runner right now. I wouldn't have a problem paying that much to lease one. For additional feedback on how much you should pay for this truck, hop on over to the "Toyota 4Runner Prices Paid and Buying Experience" discussion.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#269 of 272 Residual Value by jcook Aug 13, 2008 (9:37 am)
I am looking at the following:   MSRP 36,096 Urban Runner Package Sport Extra Value Package   Sale Price = 29,128   I want to lease and have to give back the $3,000 rebate to get the MF of .0005, but what is the residual value on there leasing for this model. Based on there website, a base model has a 59.8% residual value. Is this what I should use to calculate estimated payments? Please advise! Thanks,
#270 of 272 Re: Cap Cost? [paul9903] by wrj1 Aug 13, 2008 (2:39 pm)
Replying to: paul9903 (Jul 27, 2008 6:33 pm) Also depends on where you are leasing. Because Priuses are selling like hotcakes and at MSRP in our area (NoCal), I was able to negotiate $1000 BELOW invoice on an '08 Urban Runner. The car had been on the lot for 2 months so I knew that they had already eaten through some of their potential profit from Toyota. Needless to say, they were willing to take a loss (a) because they could afford to do so due to the situation with the Priuses and (b) because they wanted/needed to move the car. Good luck.
#271 of 272 How difficult is it to... by paul9903 Aug 23, 2008 (8:59 pm)
Find a 4Runner Limited V6 2WD? Is it the state of the market or the fact that the '09's are coming in soon. I just am able to move forward on my lease and now nobody in the Southern California are can find the 4Runner I need with the navigation package included. Not in dire need (I have a work car as well), so do I just sit tight until the 2009 models roll off?   Also, how should I treat the lease of the 2009, will the cap cost/residual be similar to the 2008 quotes I have received?
#272 of 272 Re: 4 Runner Money Factor and Residual Values [Car_man] by bullynj Aug 27, 2008 (7:46 am)
Replying to: Car_man (May 27, 2008 2:20 am) Hi, Im new here and live in NJ - I am looking at leasing a 2008 Toyota 4Runner SR5 cost here is 2700 down and 299 a month for 39 months. I have never leased before. Is leasing a good thing to do??

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