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You are in the Prices Paid - Buying & Leasing Experiences
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Toyota Highlander, Car Leasing, SUV
#222 of 702 Re: 08 Limited Lease [mojo201]
Mar 11, 2008 (5:43 am)
Here is what I am getting:
2008 Toyota Highlander Sport 4dr SUV AWD
LA - Leather & Heated Seats (3-Row)
SR - Power Moonroof
EJ - JBL Premium Audio & Bluetooth
QC - Front Dual Zone Auto HVAC
TO - Towing Prep Package
EH - Cold Weather Scam
FE - 50 State Emmissions Scam
Carpet/Cargo Mat Scam
I live in Cleveland (6.25% sales tax rate). The dealer we are using is at 1% under invoice. We are trading in a 2005 Trailblazer LS that we are breaking even on, however, he has said they'd work with us on it. Also, they are throwing in a trailer hitch. I think it's like $279.
The new HL lease specials just came out. So it's putting the money factor at .00148.
My wife is heading out to the dealership one last time to make sure she wants the HL and not the Sequoia.
This was their initial offer. I am thinking of trying an offer of $450 a month.
This is for a 3 year/36,000 mile lease.
Let me know if you have any questions. I have the actual dealer invoice electronically.
#223 of 702 Re: 08 Limited Lease [web2323]
Mar 11, 2008 (6:37 am)
Here's the quote I got back from the dealership after I said I didn't want to put any money down and have15k mile cap:
2008 Toyota Highlander stock #WTS3915 Black
Lease Price is based on 15K miles per year with $0 cash down
36 month lease $639.36 per month
48 month lease $632.24 per month
Options as follows;
Model Number: 6956A
Model Description: 4-DOOR 4X4 SUV
Year ............: 2008
Interior Color ..: LA40 LA40
Exterior Color ..: 0202 BLACK
Body ............: 4-DOOR 4X4 SUV
Number of Cyl ...: 6
VIN .............: JTEES42A982054163
Ignition Key.....: 40546
Factory Installed Accessories: FE EJ HD PB QR RF SR TO
Port Installed Accessories ..: Z2
Vehicle Base Model ....................: $ 34150.00
Total Accessories .....................: $ 3678.00
MECHANICAL & PERFORMANCE
3.5L 270HP 24-Valve V6 Eng w/Dual VVT-i
4-Wheel Drive /4- Whl Ind Suspension
5-Spd Automatic Trans w/Sequential Shift
Electronic Power Steering System
4Whl Pwr Ast Vent Fr/Solid Rr Disc Brake
Hill-Start Assist & Downhill Assist Ctrl
19" 5-Spoke Alloy Wheels/245/55R19 Tires
Star Safety System Includes:
Enhanced Veh Stability Ctrl w/TRAC
Anti-Lock Brakes w/Brake Assist & EBD
Dr & Fr Pass Advanced Front Airbags/
Driver Knee Airbag / Dr & Fr Pass Seat
Mounted Side Airbags/3 Row Roll-Sensing
Side Curtain Airbags/Dr&Fr Pass Active
Headrests / Daytime Running Lights
Direct Tire Pressure Monitoring System
3-Pt Seat Belts - All Seating Positions
2nd Row CRS Lower/Top Tether Anchors
Color-Keyed Bumpers/Foldable Pwr Htd
Mirr/Small Rr Spoiler/Chrome Dr Hdles
Chrome Frame Slvr Paint Grille/RrLicense
Garnish/Roof Rails/Blk Rr Step Bumper
Fog Lamps/In-Glass Ant/Rr Privacy Glass
Rear Glass Hatch/Auto on/off Headlamps
Puddle Lamps / Fr Var & Rr Interm Wipers
COMFORT AND CONVENIENCE
Fr Dual Zone Auto Climate Ctrl w/Air Fil
Rr Back-up Camera w/Multi Info Display
AM/FM/6-Disc In-Dash CD Chgr, Mini Plug
Pwr Windows/Dr Locks/Cruise Crl/Homelink
Smart Entry System / Conversation Mirror
Tilt/Telesc Lthr Strg Whl, Audio/AC Ctrl
Lthr Int, Pwr 10-way Frt Dr/4-way Pass,
40/20/40 Splt 2nd Row Seat,w/Fold-Flat,
Recline, Fore & Aft Slide Adj & Rt-Hand
Walk-in Function + Center Stow Seat &
Center Stow Console, Lthr 3rd Row Seat
W/fold headrests / Fold Flat Into Floor
1Touch Fold Flat 2nd Row Lvr/Tonneau Cvr
Wood-Grain-Styld Int Trm/Auto Dim Mirror
Vehicle Base Model ..........................:$ 34150.00 $ 34150.00
50 State Emissions .........................
JBL AM/FM 6-Disc In Dash CD Changer with ... 630.00
Hands-Free Phone Capability via Bluetooth ..
Wireless Technology, Satellite Ready .......
Capability, (Requires: Subcription to ......
XM or Sirius, Antenna and Receiver), .......
MP3/WMA Playback Capability and 9 ..........
Speakers (including sub woofer) in 7 .......
Multi-Stage Heated Front Seats ............. 440.00
Power Rear Door ............................ 400.00
Auto Rear Air Conditioning System .......... 585.00
w/ Rear Vents for 2nd & 3Rd Row ............
Color-Keyed Sport-Styled Rear Spoiler ...... 200.00
with LED Stop Lamp .........................
Power Tilt/Slide Moonroof w/Sunshade ....... 850.00
Tow Prep Package includes: 5,000lbs ........ 220.00
towing capacity, Heavy Duty Radiator .......
w/Engine Oil Cooler, 200 watt fan ..........
coupling, Transmission Oil Cooler w/ Water .
Cooler,150 amp alternator, and Pre-Wire ....
Preferred Accessory Package ................ 353.00
Total Accessories ...........................: $ 3678.00 $ 3678.00
Total .......................................: $ 38513.00 Internet Price is $ 35,830.00
#224 of 702 New lease deal
Mar 11, 2008 (12:28 pm)
For our area here is the deal:
Lease a new 2008 Highlander for $299 a month for 36 months with $3,399 due at signing, which includes first month’s payment, $2,570 down payment, $0 security deposit and $550 acquisition fee. Does not include taxes, license, title fees, insurance and dealer charges. Closed-end lease. 08 Highlander sport and base gas models are eligible. Example based on model #6948 with FE CQ EH RL TO only. Gas limited models and all hybrid models are excluded. Manufacturer’s Suggested Retail Price including freight $28,750. Monthly payments of $299 total $10,764. Capitalized cost of $25,657 based on down payment and dealer participation, which may vary by dealer. Payment may vary depending on model, equipment choice, and final transaction price. Lease-end purchase option is $17,350. Customer responsible for maintenance, excess wear and tear and $0.15 per mile over 12,000 miles per year . To qualified Tier 1+ customers through Toyota Financial Services. Cannot be combined with any other offers. Subject to availability. See participating dealer for details. Offer ends 3/31/2008. Offer good in Illinois, Indiana, Minnesota, and Wisconsin.
Even with Edmunds lease calculator I can't get the payment to come out to $299 based on the capitalized cost of $25,657 (including down payment) and assuming a money factor of .00148. I have to change the residual amount to nearly 58% to get it to work out.
I am looking for a fully loaded (with tech & DVD) Sport AWD, so a killer lease is definitely welcome, even if I can't figure out the numbers. I called a dealer and they are working on a quote for me right now so we'll see how that comes back.
#225 of 702 Re: New lease deal [pcrispy]
Mar 11, 2008 (5:44 pm)
Something seems goofy there. The Base AWD MSRP is $28,750 with no options. I didn't look far enough into what the options were.
Basically, here is what I am going to offer tomorrow.
Sport AWD with LA, SR, EJ, QC, TO, EH, FE with a trailer hitch and running boards attached. Absolutely, $0 down. Trading in a 2005 TB with 42,000 miles, we owe $10,300 on it. Trade-ins have been between $9,000 and $11,000. I am going to offer $445 a month 36 months/ 12,000 a year. My gut is that $460ish will probably be the deal I end up getting. (Their initial quote was $475 a month, before they adjusted the trade and we came up with $400 college grad credit for my wife (woo-hoo!!!)).
Not sure if they will accept it, but if they do hurray. I'll be glad to get this thing done now that we've come full circle (started at Sequoia, looked at Passport, Yukon, Tahoe, Acadia, and Volvo XC90).
#226 of 702 Re: New lease deal [web2323]
Mar 11, 2008 (6:31 pm)
My offer for a Sport AWD loaded with almost everything including Nav & DVD came in tonight at $550/month with $0 down. The MSRP is $39,800 with a residual of $19,712 and the tax, title, license is rolled in and included in the $550. I am now waiting to hear on an offer for my trade in and then I will evaluate what I am going to do.
#227 of 702 Re: New lease deal [pcrispy]
Mar 12, 2008 (2:22 pm)
I just gave them a credit card to hold one for us.
We're not getting the running boards or the trailer hitch, nor am I getting the $445 I had hoped for.
We are getting it for $465.97 a month, nothing due at signing, 35 remaining payments.
Not thrilled, but not too bummed out either.
Good luck all!
#228 of 702 Hybrid Lease
Mar 13, 2008 (1:32 pm)
Has anyone gotten a lease quote on the 08 Hybrid LE? My 05 lease is over and I was going to lease the new Murano LE with navigation but because the car is so new the lease money factor is very high. So I am seriously thinking about a 3-yr lease on the Hybrid LE with AWD and Navigation and Moonroof with 16-17 K per year. I always lease and never pay more than than the lease requires. I haven't seen any posts about leasing the new 08 Hybrid so if anyone has any info, I'd appreciate hearing from you. Are dealers negotiating on the 08 Hybrid?
#229 of 702 NEED SOME HELP...GOOD OR BAD PRICE???
Mar 15, 2008 (3:43 pm)
2008 HL Sport DEMO fully loaded NAV,TOW,HITCH,REMOTE START,etc....it has 3000 miles on it. MSRP is 41300 MY PRICE: 36,300 (could be off a little, I'm doing from memory). 36 month lease 12k mi. $507/mo $4000 down. trade in 36 month lease 15k mi. $523/mo $4000 down. trade in
Would like some input deal or no deal....seemed to be in line with some of the calculators that I saw/used. All help is greatly appreciated...thanks!!!
#230 of 702 Re: 08 Limited Lease [techdude]
Mar 16, 2008 (6:35 am)
The differences between yours and mine are: I have a 4x2 Sport, no power rear door, and I do have navigation. My "retail" price was around the same (maybe a little lower, no paperwork in front of me), my down payment for tag, tax, and GAP insurance was $750ish, and my total lease payment incl. tax is only $625. Take that for what it's worth.
Also, I've been reading on here lately of people paying $2500 to $5000 down on a lease. DON'T DO IT! You never want to pay more than tag, tax, title, and GAP down on a lease, unless you're going to definitely purchase it at the end. All this does is benefit them.
#231 of 702 Help on previous post
Mar 16, 2008 (5:50 pm)
Can one of the experts analyze my last post and advise if it's a good deal or not. I realize, I'm putting $4k down, that's my trade in. I am definiitely keeping the car after lease, but to get similar payments I'd have to put 11k down. All help appreciated ..thanks!!!