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Toyota RAV4 Lease Questions

540 messages,  Last post on Mar 20, 2013 at 5:39 AM

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What is this discussion about? Toyota RAV4, Car Leasing, SUV

Messages Page 4 of 55

#27 of 540 Re: Re: Toyota RAV4: Lease Questions [jerrylp] by nvnick

Mar 06, 2006 (7:32 am)

Replying to: jerrylp (Mar 03, 2006 6:48 pm)
Come on, it's a Toyota! It'll easily go 150k, so I say finance it for 5 yrs (or less, depending on your situation), then sell it for $5k. Replace belts/hoses/water pump at 100k, and keep receipts for resale purposes. I'm guessing these are highway miles, so new brakes/rotors every 55-60k. Get the V6 and call me in 2011; I'll take it as my winter car.
 
I had a 94 Acura Integra GS-R that went 6yrs/120k with no problems, and currently have 96k on my 2000 BMW 3 series.
 
Nick

#28 of 540 Re: Re: Toyota RAV4: Lease Questions [nvnick] by jerrylp

Mar 06, 2006 (6:08 pm)

Replying to: nvnick (Mar 06, 2006 7:32 am)
What was I thinking??!! You're absolutely correct - while this would be for my wife (a Limited, trading a 98 Mystique)), I forgot that I have a 95 Explorer with 141,000 miles! If IT can make it that long, so certainly should Toyota, except the Toyota will not have had $6,000 in repair bills (2 new clutches, a transmission, and a transaxle housing) in the last 40,000 like my Explorer. Therefore, I need a new vehicle, too, before I get another $2,000 repair bill, and want the V-6 (Sport) - just saving my bucks and waiting for the V-6's to trickle in. I was also thinking a 5 year loan. Thanks for the comments - I have new confidence, and I'll keep you in mind in 2011!
 
Jerry

#29 of 540 Help with lease with negative equity! by amcgee

Apr 22, 2006 (8:11 am)

Help! I currently have a Toyota Sequoia SR5 2wd with 21,000 miles. I paid $40,000 1.5 years ago and financed it over 6.5 years (crazy) and my current payoff is $34,450. My payments are $650/mo. and gas is killing us.
 
I visited a Toyota dealership in hopes of finding a vehicle that I could reduce my payments on and pay less in gas for. After 4.5 hours I was told that they would give me a RAV4 lease for $439/mo (rolling in my $7,500 in negative equity) over 5.5 years. I have never leased before or dealt with negative equity in a vehicle. Is this a good deal or could I find better?
 
Also, I looked at a Scion but was told that with my negative equity I needed a car with mark up like a RAV4, Avalon or Camry. I would love to have my payments under $450. Am I being realistic?
 
Any advice would be greatly appreciated!!
Thanks,
Amy

#30 of 540 Re: Help with lease with negative equity! [amcgee] by toycash

Apr 23, 2006 (1:59 pm)

Replying to: amcgee (Apr 22, 2006 8:11 am)
Unfortunately, in your situation, a "good deal" is going to be a relative term. Payment-wise, you'd be saving 200 a month, plus gas savings, but you're locked into a lease for five and half years, which is a long time, especially for a lease. Can you be sure you won't want/need to get rid of the vehicle before then? Because you probably won't be able to.
 
If you go ahead with that deal, make sure you get GAP insurance, because you will have even more negative equity than you do now. You might want to at least check on the cost of extending the warranty to cover the term of the lease, otherwise you'll be leasing a vehicle with no warranty towards the end (even though it is a Toyota). And remember, after that period of time you may start to get into some maintenance items like tires, brakes, etc., which will have to be done even though you don't own the vehicle.
 
Good luck!

#31 of 540 Re: RAV4 Lease quote [jimd4] by scope

May 30, 2006 (2:15 pm)

Replying to: jimd4 (Feb 12, 2006 10:58 am)
Hi, I'm in NYC and considering leasing a RAV4, Limited, V6 4x4,sunroof, leather w/heated seats, mud guard, daytime running lights, curtain & side air bags, carpet&cargo mats, tow prep pkge. 0027 money factor. Is this a good deal?

#32 of 540 Re: Toyota RAV4: Lease Questions [Car_man] by scope

May 30, 2006 (2:31 pm)

Replying to: Car_man (Aug 31, 2005 5:25 pm)
Hi Car Man:
 
Are you still hosting this site. Anyway, I posted a question and may have not done it correctly. So, here goes again. In NYC considering leasing a 2006 RAV4, Ltd, 4x4, moonroof, leather w/heated seats, mud guard, daytime running lights, curtain & side air bags, carpet & cargo mats, tow prep pkge. Quoted cap cost 28782, 3500 down, 399/mo, rv of 19000, mf of .0027, 399/mo for 36 mos. Is this a good deal?

#33 of 540 2006 Base and Limited by benji123

Jun 15, 2006 (8:56 pm)

Car_man,
 
Can you please give the LMF and residual % for the 2006 Base and Limited models (24 & 36 months)? Thanks!
 
Ben

#34 of 540 Hello, Car_Man? by benji123

Jun 20, 2006 (4:50 pm)

Can you please give the LMF and residual % for the 2006 Base and Limited models (24 & 36 months)? Thanks!
  
Ben

#35 of 540 recently leased 2006 RAV4 Sport by orange99

Jun 25, 2006 (12:05 pm)

I am in New York City.
 
I recently leased a 4-cyl Sport (with sunroof & 6-cd changer) $25,225 for 36 months. MSRP was $25,374. I know I probably could've done better on the selling price, but I look at the monthly payment more than selling price or residual value. I don't plan on keeping the car after 3 years.
 
DOWN $1470 (includes first month)
MONTHLY $405 x 35 (12K miles/year)
 
TOTAL $15,645
 
I think it's a good deal, but I made them throw in a PREPAID MAINTENANCE CONTRACT (36 MONTHS OF FREE MAINTENENACE) or "NO DEAL".
 
This is a good car. I leased 2 Jeep Grand Cherokees (a V8 and a V6) before this. Those were gas guzzlers and just not very good mechanically, American cars just aren't very good. The power on my 4-cyl RAV4 seems to be better than the Jeeps and gas mileage is much better.

#36 of 540 Re: Toyota RAV4: Lease Questions [scope] by Car_man HOST

Jun 26, 2006 (2:29 am)

Replying to: scope (May 30, 2006 2:31 pm)
Hi scope. Toyota is not currently providing any sort of lease support on the 2006 RAV4 in your area. As a result, if you were to lease one through Toyota Financial Services, you would have to use its standard lease program. The last time that I saw it, TFS' buy rate standard lease money factor was .00265 for consumers who qualify for its Tier 1+ credit tier. So the money factor that you were quoted is pretty close to this. It's tough for me to give you my opinion on this truck's cap cost without knowing its MSRP. If you can provide me with this number, I'll let you know what I think. Also, you should avoid making such a large down payment when leasing. If your leased RAV is totaled in an accident or stolen and never recovered during your lease, your down payment essentially disappears.
 
Car_man
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