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Prices Paid: Buying & Leasing Experiences 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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OK, I have a lease question for you all. Lets assume my wife decides she likes our 2008 Highlander Ltd, and wishes to keep it after the lease ends. I personally like the way it drives/rides, the gas mileage just isn't exactly off the top of the charts. The calculated residual is 49.8% at the end of a 36 month lease, with an allowable mileage of 18K/year. I will be below 54,000 miles (allowable) at the end of the lease. Gross cap was $34K, and the purchase option at the end comes out to be roughly $17K. ALL maintenance costs were free for the life of the lease, as I negotiated that as part of the deal. Assuming the reliability of a Toyota, and the fact that my previous Camry got 275,000 miles before I sold it, does it mathematically come out over a 10 year period to be about a wash, or is it smarter to privately list it at the end of the lease? Only reason I ask is that every other car I have purchased, this is the first one I have leased. Thanks! |
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Hi All- Just recently joined. I have a lease option for a 2009 Highlander - loaded with Nav and leather. With $2,000 down my payment would be about $560. Is that a reasonable price? They dealer tells me it would be cheaper to lease vs. buy at this point. Does that seem right?? Any advice would be great. Thanks!!
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Hello , i am interesting to swab or sublease the highlander 2008 , any specification. thanks
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Hello everyone, does anyone know where can i get a sublease for highlander 2008? live in new york, thanks
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Replying to: starobin (May 20, 2009 2:26 pm) 
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Replying to: edukatedredhed (May 20, 2009 4:21 pm) |
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Replying to: tp21 (May 12, 2009 10:31 am) I am also looking for a Limited (loaded nav, dvd) 36m/12k. Any info on lease rates or residuals would be appreciated. Thanks! |
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Replying to: rfm1237 (May 26, 2009 9:26 am) I too am in the market for a Highlander Hybrid and would like to know the current lease rates offered by Toyota. I see that there are lease deals being run now on a base Highlander Hybrid with an MSRP of $39,070. This SUV would lease out at $459+tax, 36 mon, 12K/year, $4,109 drive-off. Deal expires June 1st. Can you or anyone else tell me the residual and money factor used for this deal? I'm assuming there is some $$ off of MSRP and I'm not sure out of the $4,109 drive-off how much is cap reduction so it makes it difficult to guess the residual/money factor being offered. Just trying to work some other scenarios. Any help will be greatly appreciated. Regards
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Replying to: tp21 (May 12, 2009 10:31 am) Toyota Financial Services' Los Angeles region May buy rate lease money factor and residual value for a 36 month lease of a 2009 Highlander Limited 4WD with 12,000 miles per year are .00007 and 51%, respectively for consumers who qualify for its Tier 1+ credit tier. One thing that is important to be aware of when discussing TFS' lease program is that its residual value percentages are based upon vehicles' base MSRPs. It places restrictions upon what options can be residualized. This makes it very difficult for consumers to figure out what the dollar residual values for specific units should be. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: farrooq23 (May 18, 2009 4:43 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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