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Toyota 4Runner, Car Leasing, SUV
#98 of 331 Re: March Lease Program [dad23]
Mar 23, 2006 (4:47 am)
Hi dad23. Toyota's lease program often varies depending upon which one if its twelve regions one leases in. In most areas right now, Toyota Financial Services buy rate lease money factor for the 2006 4Runner is .00055 for consumers who qualify for its Tier 1+ credit tier. Again, this does vary by region. If you tell me what state you are in, I can be more specific for you. TFS' current 36 month, 12,000 mile per year residual value for a 36 month, 12,000 mile per year lease of an '06 4Runner SR5 4WD is 63%.
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#99 of 331 Re: March Lease Program [Car_man]
Mar 23, 2006 (7:23 am)
Thanks Car_man, I'm in Colorado
#100 of 331 Re: Gap Insurance [crashoften]
Mar 23, 2006 (8:10 am)
crashoften: you mentioned your insurance company provided you with gap insurance for $90. Who is your insurance company? My own company doesn't offer gap. Thx -
Apr 03, 2006 (4:08 pm)
Went to a dealer today, If I make the deal tomorrow they will backdate it so I get march incentives. Dealer is quoting me .00055 MF which looks correct. MSRP on V6 sport is $35,781 and they are showing me a residual of $19,185. Comes out to about 53% I thought the residual was around 58%. 36 month, 15k miles/year. Maybe carman can confirm the residual. Any help is appreciated.
#102 of 331 Re: March Lease Program [Car_man]
Apr 18, 2006 (9:15 am)
I have a basic question about calculating lease prices. I have read your article about calculating a "bottom-line lease" and understand how this is done. What I'm wondering is - if I add options to the car, can I still use your formula so long as I 'upgrade' the numbers to include the more expensive msrp of the vehicle configured the way I want it?
I'll give you an example:
You've stated a 2006 Toyota 4Runner SR5 4WD, 36 months 12K, is .00055 and 63%. Using those numbers...If I add some options to this car and get the msrp to $34,410 - the TMV is $31,606. So we'll use those numbers. The residual I calculate is $21,678. So the base payment is $276, plus money factor ($29) plus tax (MA-$15) and I get $320. Is it fair to do this with the added options??? Or do the numbers you post only hold true for no added options?
#103 of 331 Residuals on Sport vs. Limited
Apr 22, 2006 (1:12 pm)
Anyone know the 36 mo, 12k/year residuals on the Sport and Limited 4x4? Is there a difference between the two?
#104 of 331 Confused as usual
Apr 28, 2006 (4:37 pm)
I have been researching the 4Runner lease. I need help. Locally (Minneapolis) I cannot get Edmunds invoice ($28,866) to match the local dealer ($29,342)......MSRP is $32,456. Residual is $18,096. MF is .00055.
Dealer is including Acq. Fee $400 (say it it required) and making me pay upfront for license, doc and and reg. fee ($433). They are showing me 60% residual after 3 years with 16,000 miles/year. They come up with a lease payment of $365/month with 6.5% tax.
Using he Edmunds lease calculation (Calculate your own lease payment) I come up with something around $330 with 6.5% tax. I did not include an acq. fee in my calculation but did use Edmunds Invoice number.
#105 of 331 New May Lease Deal on SR5?
May 06, 2006 (9:44 am)
Hey All... Just saw the new leaase deal on this.. Anyone have any deatils on it? I live in California and can not find any specifcis. The Edmunds site says $279/36months/12k milage with:
"Lease based on a 2006 4Runner SR5 RWD V6 (model #8642) equipped with options FE, DR, CD, SR, and TO. $1,999 due at signing. Incentives may vary; see your local dealer for details. Tax, tags and insurance are extra."
So I added the Options to the MSRP of 27,635. with SR $900, TO $430, DR $220, CD $ 90 and FE $0... Totals: $ 29,880 (includes Dest $605)...
Anyone been through this yet? I need HELP!!!!! Ha!
Q1: So is that the MSRP the lease is based on? Has anyone seen the deatils on the offer from Toyota direct.. I can't find it on their websites...
Q2: Anyone know what the Moneyfactor and residual would be on this?
My dealer has several SR5s but they have more options so I want to be able to do my own math.. somehow they are at $420/month.. Got to love em
#106 of 331 2006 SR5...Good Deal
May 17, 2006 (5:47 pm)
Did I get a decent deal?
I just leased a new 2006 4runner SR5 V6 4WD with premium sound (6-disc changer), Sun Roof, 17 inch wheels, tonneau cover and a few other bells and whistles. The MSRP for the SUV was around $33,500.
I traded in my 2003 Taco, which I had about $2000 "equity" in.
I walked out the door with $0 down (aside from my trade-in equity) and $350 per month for 36 months at 15k miles per year.
What do you think? Good deal, or did I get hosed?
#107 of 331 Lease Information on 2006 Toyota 4Runner LTD
May 23, 2006 (4:44 am)
Can you provide me with the residual and moneyfactor numbers for both a 24 and 36 month lease for a 2006 Toyota 4Runner LTD. I would be interested in both the V6 and V8 models.
Are there any incentives for this model?
I live in the state of New Hampshire.