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Toyota Highlander Lease Questions

410 messages, Last post on Dec 02, 2009 at 12:30 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: thechairman1 (Aug 04, 2008 2:32 pm) TFS' residual value for an otherwise identical lease of a 2008 Highlander Hybrid 4WD is 57%, but not surprisingly Toyota is not currently providing any lease support on it. That means if you lease a hybrid version through TFS, you will have to use its standard lease money factor. The last time that I saw it, TFS' standard was .00265 for Tier 1+ customers. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: chuckjr (Aug 12, 2008 5:52 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Car_man (Aug 14, 2008 1:58 am) I live in San Diego and am interested in Highlander Limited 2WD or Sport 2WD, for 36 months at 12k or 15k per year. Is TFS running a similar money factor in my region on the 2008s? Should I wait for the 2009s? Thanks!
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Replying to: mlees33 (Aug 14, 2008 12:22 pm) Do you know the residual and MF for a 2008 Limited AWD in Colorad region? Thank you very much! |
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Car Man- I will be leasing or purchasing a 2008 Highlander LTD or Hybrid LTD on Sept. 20 in either Tuscaloosa, Ala. or Atlanta, Ga. Can you please provide me with TFS's third quarter money factor and residual for each assuming a 36 mo/12k lease term? Earlier in this forum I saw you posted a .00001 MF on the LTD but that seems too good to be true. Was that a typo? I was also told by the dealer in Atlanta to expect a $3000 cash back incentive to be announced on Sept. 3, and was wondering if this applied to leases as well as cash/financing? Thanks in advance.
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I was offered the following for a fully loaded 2008 Limited (7passenger) - 36mth lease at 12k per year: MSRP: $42,350 My price: $39,537 Residual: $18,669 MF: .00001 Zero down, monthly payment (excludes taxes) is $642. Question: Is this a good deal? And should I consider trying to get a lower price and buying instead? Thanks!
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Replying to: jk764 (Sep 03, 2008 2:23 pm)
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Does this sound way out of whack? I was just quoted by my local Toyota dealer: 2008 Highlander LTD 2WD: 36 mo/12k 43% resid., .00279 MF 48 mo/12k 37% resid., .00279 MF 2008 Highlander Hybrid LTD: 36 mo/12k 49% resid., .00279 MF 48 mo/12k 39% resid., .00279 MF |
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Replying to: sportjunkies1 (Sep 04, 2008 8:39 am) My calculation is as follows: Depreciation = $20,868 / 36mths = $579.66/mth + 7% tax of 40.58 = 620 / mth. That's assuming MF is .00001. If I can get Cap cost down to 37,000 or 37,500 would be happy. Will post results ... assuming don't go w/ an XC90.
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Replying to: wareagle1997 (Sep 01, 2008 7:29 pm) I think that the dealer you spoke with was overly optimistic about the Highlander's cash incentives. According to the latest information that I have seen, Toyota is currently providing $1,500 customer cash on the '08 Highlander in your area in September. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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