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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

What is this discussion about? Toyota Highlander, Car Leasing, SUV


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#354 of 409
Oklahoma Highlander leasing by mdxlessee
Apr 04, 2009 (11:26 am)
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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.
#355 of 409
Car Man: Could use your advice by rollingwoods
Apr 05, 2009 (8:05 am)
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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.
#356 of 409
Re: Car Man: Could use your advice [rollingwoods] by wvgasguy
Apr 10, 2009 (5:30 pm)
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Replying to: rollingwoods (Apr 05, 2009 8:05 am)

So, how often do you ride in the second row? The highlander is one of the best for comfort that I've found in mid-size SUV's with plenty of leg room, foot room and reclining seat backs. Then again I never ride back there (but it was a priority)
#357 of 409
Re: Car Man: Could use your advice [wvgasguy] by rollingwoods
Apr 10, 2009 (5:44 pm)
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Replying to: wvgasguy (Apr 10, 2009 5:30 pm)

Well, we bit the bullet. We found a "base Limited"--about the only one in Northern Calif--that had only EVP7 and a few minor other options on it. Since the things we needed like power seats and backup camera were standard, we didn't want high-priced add-ons like navi, DVD etc. Was able to get it for $350 under invoice. Most importantly, my wife loves it! And wvgasguy, you're right--how often will I be in the back seats!
#358 of 409
Re: Car Man: Could use your advice [rollingwoods] by wvgasguy
Apr 11, 2009 (6:57 pm)
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Replying to: rollingwoods (Apr 10, 2009 5:44 pm)

Don't get me wrong, comfort in the second row seating was a critical factor for my decision, but the HH met all my needs, which basically was would I at 6'1" and 260# be comfortable riding there. I was. I don't think you'll regret the purchase. The HH will probably ride a little rougher but I'm pretty sure it will ride a lot better overall than the minvan.
#359 of 409
Hello HH Owners! :) by potential32
Apr 12, 2009 (7:24 am)
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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
#360 of 409
Re: Hello HH Owners! :) [potential32] by mdhutton
Apr 13, 2009 (4:12 pm)
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Replying to: potential32 (Apr 12, 2009 7:24 am)

I'd question the huge mileage # in such a relatively short time. Was this owned by a private party or is it an ex-rental ?
#361 of 409
Re: Oklahoma Highlander leasing [mdxlessee] by Car_man HOST
Apr 14, 2009 (1:44 am)
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Replying to: mdxlessee (Apr 04, 2009 11:26 am)

Hi mdxlessee. A lease payment of $717 per month for a Toyota Highlander . Holy Toledo that's bad. That's about three hundred bucks per month more than I would be willing to pay for this truck. Have you tried shopping around at other dealers? Clearly this dealer doesn't want your business.
 
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
#362 of 409
Re: Hello HH Owners! :) [potential32] by Car_man HOST
Apr 14, 2009 (1:50 am)
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Replying to: potential32 (Apr 12, 2009 7:24 am)

HI potential32. This particular discussion is for community members to discuss leasing the Toyota Highlander. You will probably have better luck getting an opinion upon the used Hihghlander that you are considering by posting this message over in one of the following discussions:
 
"Toyota Highlander Prices Paid and Buying Experience"
 
"Toyota Highlander"
 
"Real-World Trade-In Values"
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#363 of 409
May Lease Rates by tp21
May 12, 2009 (10:31 am)
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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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