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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
Car_man: I am looking to lease a Highlander Limited with bells and whistles. My final price quoted here was $35.8K but for the 12K 36 month lease, the money factor used was very high, 0.0295, and the residual was very low at 42%, resulting in a lease payment of $717 with just first month's payment down. From your March post, the money factor and residual appear to have been are .00099 and 47%, which are very good. What can I do to negotiate better lease terms? Thanks very much for your help.
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Hi Car Man and others). Really appreciate the help you give on this forum. We're older folk in Northern Calif. We're looking at purchasing a Highlander Limited w/no navi or DVD. Negotiated good offer of $350 below invoice. The vehicle is perfect for us in terms of options, color, etc.--in that sense our dream vehicle! We have excellent credit and and could buy outright. BUT: we've never owned an SUV, and the ride in the rear seat(s) seems a lot harsher than we're used to in our 2000 Sienna XLE. Making me nervous about plunking down $$36000 (out the door price) when we're not sure how satisfied we'll be with it. SO: does a short lease make any sense? We would probably buy it off of lease (or during lease if that's possible?) if we like the vehicle as much as we hope. Perhaps it would make more financial sense to buy it and then sell in a year or so if for some reason we didn't want to keep it? Thanks for the help. We have to make a decision within 48 hours--it's hard to find a Limited like this without tons of expensive bells and whistles we don't need.
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Replying to: rollingwoods (Apr 05, 2009 8:05 am)
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Replying to: wvgasguy (Apr 10, 2009 5:30 pm)
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Replying to: rollingwoods (Apr 10, 2009 5:44 pm) |
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Hi, I'm looking to make my first car purchase without the help of my parents. As an early college graduation gift, I wanted to buy myself a car. I've always loved Highlanders, but am in no position to buy a new one. I just wanted to get some feedback on a potential HH that is for sale at a dealership here in town and see if you guys thought it was a good buy or not? - Is that too many miles? - What is the battery life and have any of you experienced problems? - I appreciate any feedback!!! Thanks again! They are asking 18,871. 2006 TOYOTA HIGHLANDER/HYBRID * Mileage: 73,894 Miles * Body Style: SUV * Exterior Color: Black * Interior Color: N/A * Engine: 3.3L V6 * Transmission: CVT * Drivetrain: FWD * Doors: 5 * Wheelbase: 107 Inches
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Replying to: potential32 (Apr 12, 2009 7:24 am) |
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Replying to: mdxlessee (Apr 04, 2009 11:26 am) I would start by comparison shopping with other Toyota dealers for the Highlander that you are considering. If you are still getting quoted high payments, you may want to consider switching to a different model with a more attractive lease program. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: potential32 (Apr 12, 2009 7:24 am) "Toyota Highlander Prices Paid and Buying Experience" "Toyota Highlander" "Real-World Trade-In Values" Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Car Man, Do you have the MF and Residual on a 09 Limited 4WD? 12k/36mo. Any dealer incentives this month? Thanks.
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