540 messages,
Last post on Mar 20, 2013 at 5:39 AM
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Toyota RAV4, Car Leasing, SUV
#172 of 540 Re: LEASING A 2008 RAV4 SPORT 4X4 [pauliedell]
by bohdy
Sep 16, 2008 (3:59 pm)
Definitely not a reasonable deal! Reason: Toyota is not offering any incentives on the RAV4 in the greater NY and Connecticut areas. Come up to MA and you'll get a great deal. I believe residency restrictions apply, though. For a little more money you could be in a V-6 4Runner SR5. I believe the dealership you're working with could do better, but nothing I'd jump at. Price the 4Runner or wait until the dealerships have a full inventory of '09 RAV4s. By the way, DON'T PUT MONEY DOWN, HAVE THEM PUT IT INTO YOUR MONTHLY PAYMENT!!! Spread it out over 36 months. If you'd like, send me an email and include your email address. John
#173 of 540 Re: LEASING A 2008 RAV4 SPORT 4X4 [pauliedell]
by Car_man HOST
Sep 17, 2008 (2:58 am)
Hi pauliedell. You never mentioned the selling price or MSRP of the RAV that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing what this vehicle's selling price is in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I am sure that either myself or other community members would be happy to give you their opinion of this deal if you let us know what these numbers are.
The money factor that the dealer is using to calculate your vehicle's lease payment is another important number to know when leasing. Toyota Financial Services' current buy rate lease money factor for this model is .00116 in your area. Make sure that the dealer that you are working with is using this factor to calculate your monthly payment.
Car_man
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#174 of 540 Re: LEASING A 2008 RAV4 SPORT 4X4 [Car_man]
by chenchun
Sep 20, 2008 (8:40 pm)
Hi Car_man. I am purchasing a 2008 Base V6 RAV4 from a dealer in Farmingtonhills, Michigan. The MSRP (including options) is $26,668, and they gave me $1,047 discount plus $500 rebeat. I did not pickup the car yet (next Tuesday), and I am thinking to switch to lease for 36 month/12000mi/year first. What is a reasonable lease payment with no down payment? What is the Toyota Financial Services' current buy rate lease money factor for my area (Farmingtonhills Michigan 48331)? What is the Residual if I decide to buy it after the lease term? Thanks
#175 of 540 Lease factor on 2009 RAV4
by fotboat
Sep 26, 2008 (3:47 pm)
I know the lease factor on a 2008 RAV4 is .00116. Does anybody know what it may be on a 2009? from Toyota Finance?
Thanks
#176 of 540 Re: LEASING A 2008 RAV4 SPORT 4X4 [chenchun]
by elizabeth15
Sep 26, 2008 (8:53 pm)
I just leased a 2008 base V6. Make sure you get the Gap Insurance included in the lease upfront- have them include it for free. They sprung it on me in the finance guy's office when I was signing the lease. It was the first I heard of it and that Toyota was the only company that didn't include it.
#177 of 540 Re: LEASING A 2008 RAV4 SPORT 4X4 [chenchun]
by Car_man HOST
Sep 30, 2008 (5:30 pm)
Hi chenchun. I believe that you are in Toyota's Cincinnati region. In that part of the country, Toyota Financial Services' September buy rate lease money factor and residual value for a 36 month lease of a base 2008 RAV4 4WD with 12,000 miles per year are .00116 and 69%, respectively for consumers who qualify for its Tier 1+ credit tier. The problem is that TFS places restrictions upon what options can be residualized, making it almost impossible for consumers to calculate vehicles' actual dollar residual values. It is so complicated that Toyota provides dealers with a list of the actual dollar residual values for the units that they have in inventory rather than having them calculate them on their own.
Car_man
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#179 of 540 2008 Toyota RAV4 Base V6 4X4 Lease Deal
by nova92
Oct 02, 2008 (2:30 pm)
Hi Car man. I am hoping you can provide feedback on the following 36 month lease deal I have been offered from dealership in Green Brook, NJ:
Monthly Pmt: $329.88
MSRP: $27,223
Selling Price: $24,980
Residual: $16,109
Money Factor : .00202
Due at Signing: $2,369.97
(1st Pmt $329.88 + Tax $885.97 + $650 Bank Fee
+317.50 Dealer Fee + 184.50 DMV Fee)
Your time & response is much appreciated!
#180 of 540 A good lease deal in Northern/Central NJ
by dawny99
Oct 07, 2008 (6:12 pm)
We are about to embark on a leasing deal. We currently have a Honda Pilot and pay $350/mth for it. I dont want to stray from that dollar amount. I'm looking at the Rav4 Base Model AWD V6 engine and adding a 6 CD option. What should I be paying? From what I've seen, I should probably be paying less than $350/month.
Please advise.
#181 of 540 Re: 2008 Toyota RAV4 Base V6 4X4 Lease Deal [nova92]
by dawny99
Oct 09, 2008 (5:17 pm)
Any more luck with your lease?