Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Toyota Highlander Lease Questions
312 messages, Last post on Oct 05, 2008 at 7:53 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
I too am buying a Highlander Sport fully loaded in NJ or PA and I cannot get a dealer to quote a percentage residual value. They will only come up with a number. For a car with a 40k MSRP, residual value has been quoted by one dealer at $19196 or about 48%, and another at $18564 or about 46.5%. These are very, very low numbers and I can't seem to be able to negotiate them. I have never seen this before. Can anyone shed any light on this subject? I've also been told that Toyota Finance does not include GAP insurance for its leases and was quoted $525. Sound right? Also can the $550 aquisition fee be negotiated away or is it a must? |
|
|
|
|
Replying to: a6_to_m35 (Jun 24, 2008 6:51 pm) Toyota sets a different residual value on each vehicle based on it's options - it's not a set 50%, 55%, 68%, etc. like some manufacturers. Whatever residual value they are quoting is what they have - it's non-negotiable. I've also been told that Toyota Finance does not include GAP insurance for its leases and was quoted $525. Sound right? Yes, but negotiate that somewhere between $200 - $400. Also can the $550 aquisition fee be negotiated away or is it a must? No, this is a one time fee that goes to TFS for originating the lease. Dealers can and have been known to mark this up, so be sure that it stays at $550. You can pay it upfront or cap it into your lease payments.
|
|
|
Replying to: ocautoseeker (Jun 25, 2008 3:54 am) MSRP: $ 27679.00 Sale price :$25350.00---cap cost w/acquisition fee: $25,945.00 36 months w/15000 miles yr. money factor .00219 residual rate .48 monthly pymt. $377.17 up front money at time of signing :$393.67 I really like the deal, but my figures show that the payment should be closer to $420 before taxes. What gives?
|
|
|
|
|
Replying to: rhhudson (Jul 05, 2008 4:07 pm) Only $393.67 due at signing? Cheap registration in your state?? |
|
|
Does anyone know the current MF and Residuals for 2008 Highlander Limited FWD? Thanks.
|
|
|
Replying to: pmelanc1 (Jul 11, 2008 2:50 pm) As was mentioned above, keep in mind that TFS places restrictions upon what options can be residualized and caps on the ones that it allows. This makes it difficult to calculate the actual dollar residual values for specific units from the percentages. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
|
|
|
|
|
Replying to: rhhudson (Jul 05, 2008 4:07 pm) toyota guy would not give me a residual percentage but rather a dollar amount of 14,400 (decent). 36m 12K was around 394.00 with taxes with about 500.00-600.00 down. According to my calculations should be around 405.00-410.00 a month. Just outside of Philadelphia, so I am not sure either. |
|
|
Replying to: Car_man (Jul 14, 2008 2:58 am) Any chance you have the current stats on the same car for Northern California/Bay Area? Highlander Ltd, 2wd and/or awd, 36mo lease w/12k/yr miles. Thanks much! Cate |
|
|
|
|
Hi Car man. Interested in the current residual, money factor and any incentives on a lease in northern NJ for a 2008 Highlander 4WD at 36 months and 12,000 miles per year. Interested in the Limited andLimited Hybrid. Many thanks.
|
|
I'm hoping I can get some opinions on a lease quote I just received via the internet. I'm new to leasing and have been searching for a Highlander Sport for a while now. I'm on Long Island and qualify for Tier 1 financing. The quote I received was for $435 a month, with taxes, titles, etc. out of pocket. Is this a good deal? Thanks for any help.
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Toyota Highlander Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2009 Toyota Highlander
Browse by Board
Browse by Topic
Today's Chats
