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Prices Paid: Buying & Leasing Experiences Toyota Highlander Lease Questions
409 messages, Last post on Nov 25, 2009 at 10:32 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: tourguide (Nov 11, 2008 4:21 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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**OMG** Have I got a good one for you all. I am doing some preliminary shopping for Highlander, so I asked my local dealer to throw me some numbers for HiHy 12K/35 month - low to no money down and to throw me the same on a limited gasser. I wanted to just get a feel for where they were going to come in. Get this, for the HiHy - $975/month For the Sport (he said he couldn't find a limited) - $700/month No WAY would I accept those terms. EVEN at 7 franklins a month - I'd be owning that baby at the end. I may be looking for another dealer soon, when it comes time to get serious.
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Just to give you an idea of what Lexus and Volvo are doing for leases. I have been looking at the xc90 and the rx350 (and decided to compare with the highlander tonight). 2008 Volvo xc90 SE AWD (loaded with Navigation, backup camera, etc) $4500 down $515/mo 2009 Lexus RX350 AWD (with Nav, etc) $3500 down $495/mo I don't see leasing a Highlander for $699 when you get get a much better deal on other suvs. Granted those are not hybrids but still. BTW - is the Highlander the same car as the Lexus GX470?
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Replying to: patriot21 (Nov 14, 2008 7:07 pm) |
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Replying to: patriot21 (Nov 14, 2008 7:07 pm) |
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Replying to: tourguide (Nov 13, 2008 9:12 pm)  . It's weird, too because Toyota's lease program on the '08 non-Hybrid Highlander is fairly attractive right now in most regions. Needless to say, you need to find a different dealer to work with. Thanks for the laugh. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm looking into leasing a '09 Highland Sport AWD in Virginia. MSRP is $37,280 and includes upgraded stereo, Homelink, leather, power hatch, dual front a/c, auto rr a/c, sunroof, and tow package. Edmunds shows this car at $32,724 invoice and $34,925 TMV. I'm want to have a low monthly payment even if I pay more upfront. This is the first time I've leased and don't know how much is too much upfront. I looked into a '08 LTD AWD ($38,900 MSRP, 43% residual) model at a different dealership and their original offer including a trade was an astounding $862/mo with $1800 down. I got them down to $535 with $4k down based on a $34k sales price, but that payment was too high for what I want. I'm hoping the Sport and a different dealership may give me a more favorable residual and sales price. Any opinions on how low of a monthly payment I can get? Another question is on taxes. In VA, they charge you the entire tax of the car upfront (3%) and build this in. It seems to be different from the lease calculators that I've seen that charge a regular sales tax based on the lease payment. Any help would be greatly appreciated!
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Replying to: underwoodn (Nov 27, 2008 10:06 am) IMO these vehicles are NOT a good lease bet right now. Toyota is hammering the residual right down into the basement - likely a forecast of fuel prices, and realistically they are probably right in that. Leasing these things used to be a great deal. Four years ago it was no problem to get a lease on a Higlander for ~$300 a month with no hassle and little to nothing down. Compare that to what you are being offered and consider that you can finance one of these for purchase over five years for the same lease payment they are offering - less in fact. You can pay for one over five years for about $670 a month (using 5.75% and an OTD price of 35000). Leasing needs to be a better deal than that (WAY better IMO) and NO MONEY DOWN, or it ISN'T a deal in any sense of the word. |
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Could someone please provide most recent MF and residual for a 3yr 36k lease (No. Cal.) Thank you.
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hi Carman, Can you please post the MF and residual percentage for a 36 month lease at 12k per year for both a 2008 sport and base highlander 4wd? Is TFS providing the best lease package at this point? I am located in the Northeast (CT). Is their more incentive to lease a 2009 in terms of MF and residual? Probably wont get more of discount on a 2009 than a 2008 in terms of cap cost. Thank you! BCD31
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