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Toyota Highlander Lease Questions

662 messages,  Last post on May 07, 2013 at 5:43 AM

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

Messages Page 40 of 67

#390 of 662 Lease End Questions by brentp

Jul 20, 2009 (12:48 pm)

Lease is up next month on a 2006 Highlander. I think the car is clean (few chips, scratches less than an inch, etc.) and will be under the allowed mileage. That said, this is my first lease and we will be turning it back in to Toyota - no replacement.
 
Does Toyota publish what is considered "normal" for wear and tear?
 
What are your experiences with returning a lease through TFS - are they reasonable? Just don't want to be surprised in a few weeks after the inspection to find they want big bucks. If it helps, we live in the New England area.
 
Besides pre-return photos - any other tips for lease returns?
 
Return to any Toyota dealer - or is there a benefit to returning it to the original dealer (80 miles away)? I have gotten different opinions on this.

#391 of 662 carman- current m/f & resid pls on highlander ltd by a64marc

Jul 28, 2009 (4:50 pm)

carman: wondering if you can tell me current m/f and resid. for
 
current highlander ltd (fwd) 3 years 12k miles per year
 
I had thought it was .0007 and the resid should be above 45% (but I have a jerky socal dealer telling me it's 38%) loaded with just the nav/mnrf pkg and msrp'ing at 37,779 what would be a decent sales price to you in So California?
 
and rather than post a separate message could you also tell me what it is for the mazda cx-9 grand touring fwd same miles and years w/nav and mnrf as well
 
big thanks

#392 of 662 2009 Sport & Limited Lease Numbers by hooops

Aug 06, 2009 (9:54 am)

Car_man,
 
Can you please provide the lease numbers on the Sport and Limited models on a 36month, 15k mi/yr lease. Do you know if there's any additional support?
 
Thanks

#393 of 662 August Lease Numbers by goucla

Aug 09, 2009 (1:21 am)

Replying to: hooops (Aug 06, 2009 9:54 am)
Car_Man,
 
Could you please provide current mf and RV for Highlander Ltd AWD and Highlander Hybrid Ltd AWD, 36 month/12k. Also, please confirm if there are other incentives in addition to $1500 & $750 customer cash? Can these cash incentives be combined with the lease rates?
 
Thanks,
Brian
San Fran, CA

#394 of 662 Re: August Lease Numbers [goucla] by jsherm007

Aug 11, 2009 (9:27 am)

Replying to: goucla (Aug 09, 2009 1:21 am)
Would like to know this too!

#395 of 662 Re: August Lease Numbers [goucla] by gltrans1

Aug 11, 2009 (7:59 pm)

Replying to: goucla (Aug 09, 2009 1:21 am)
I am looking to lease right now and would also like to know the information posted by goucla. I live in northern NJ.

#396 of 662 Re: Lease End Questions [brentp] by Car_man HOST

Aug 13, 2009 (3:27 am)

Replying to: brentp (Jul 20, 2009 12:48 pm)
Hi brentp. On its Web site, Toyota Financial Services says the following about excess wear and tear on leased vehicles:
 
"Excess wear and use may include the following:
 
    * Inoperative mechanical and electrical parts
    * Damage to the body, lights, trim or paint
    * Damaged, broken or tinted glass
    * Torn or damaged interior
    * Damage from flood, water, hail or sand
    * Tires with less than 3/32 inch of tread remaining
    * Missing equipment, parts, or accessories
    * Excess mileage
    * Excess wear and tear"
 
Most manufacturers' captive finance companies are fairly reasonable when evaluating the condition of vehicles at lease-end. As long as you can find a dealer that is willing to take your car back from you, there really is not any advantage to returning your car to the dealership that you originally leased it from.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#397 of 662 Re: carman- current m/f & resid pls on highlander ltd [a64marc] by Car_man HOST

Aug 13, 2009 (3:36 am)

Replying to: a64marc (Jul 28, 2009 4:50 pm)
Hello a64marc. I have not seen Toyota's specific lease program for Southern California yet, but I suspect that Toyota Financial Services' buy rate lease money factor for the 2009 Highlander there is pretty close to zero.
 
The 45% residual value that you mentioned is correct for a 36 month, 15,000 miles per year lease of an '09 Highlander Limited 2WD through TFS, however keep in mind that TFS calculates leases differently than other banks do. The residual value percentages that it publishes are for base vehicles. It places restrictions upon what options can be residualized, which essentially make the effective residual lower than its published percentage.
 
Here's the info that you requested in the CX-9. Chase's (Mazda runs its special lease program through them) current buy rate lease money factor and residual value for a 36 month lease of a 2009 CX-9 Grand Touring FWD with 15,000 miles per year are .00081 and 45%, respectively. Unlike TFS, Chase does not place any restrictions upon the residualization of factory-installed options.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#398 of 662 Re: 2009 Sport & Limited Lease Numbers [hooops] by Car_man HOST

Aug 13, 2009 (3:51 am)

Replying to: hooops (Aug 06, 2009 9:54 am)
Hey hooops. Toyota's lease program varies by region. You never mentioned what state you are in, so for now I will throw a dart at a map and assume that you live in the...New York region. Let me know if you live elsewhere.
 
Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Toyota Highlander Sport 4WD with 15,000 miles per year in that area are an amazingly low .00001 and 47%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier. The numbers for the Limited 4WD model are exactly the same.
 
Toyota is providing cash incentives on the '09 Highlander, but they are not compatible with its special lease program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#399 of 662 Re: 2009 Sport & Limited Lease Numbers [Car_man] by monkeyshift

Aug 18, 2009 (3:01 pm)

Replying to: Car_man (Aug 13, 2009 3:51 am)
Is that the same on the highlander hybrid limited?
thanks!

Messages Page 40 of 67

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