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You are in the Prices Paid - Buying & Leasing Experiences
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Toyota RAV4, Car Leasing, SUV
#369 of 549 Re: Lease number info [marsmd]
Jun 21, 2010 (9:15 am)
I created this profile just to share my experience with people. It is amazing how dealers vary in offers.
I was looking for a 2010 Rav4 Limited 4 cylinder, four wheel drive, with Package 1 (so sunroof and leather seats, but no Nav), 12k miles/year.
The Manhattan Toyota (in New York City) offered a $3k down, $399 monthly offer. They even had the gall to write "good news" on the piece of paper. I complained that this was way, way above the average rate I saw on Edmunds. The next day, they lowered it to $297 monthly, with the $3k down. After two hours of haggling, I got them down to $285 per month.
I called Smithtown and Penn Toyota (in Long Island)... and first offer from each was $265 per month, $3k down. Geez. When I asked nicely, Smithtown lowered theirs to $249 per month (again $3k down, 12k per miles). Haggling lasted all of one minute as opposed to the obnoxious process in Manhattan where they make you wait forever.
So, lesson for all: avoid Manhattan Toyota. It is clear that they try to pick off people who live in NYC. The folks at Smithtown Toyota were very courteous, professional and offered a very good rate. They even offered to deliver the car to my front door in Manhattan so I didn't have to trek back out to Long Island again.
Money factor was 0.0006 which is standard. So, first quote was $399 per month; final deal was $249 per month.
Good luck all. And, avoid Manhattan Toyota.
#370 of 549 RAV4 LTD 2WD
Jun 23, 2010 (1:49 pm)
RAV 4 LTD 2WD EVP #1 and BC $25,254 OTD (incl taxes).
Now I'm trying to get the amt of the lease payment on a 48 mo lease 15K mi. The Dealer is telling me that there is a RAV4 leas special on 36 mo lease (he didn't mention the miles) with a $2,300 residual enhancement in lieu of the $1,500 dealer cash back. He is telling me the pymt. on 36 mo lease is $45 less than on a 48 mo lease.
I guess he must have "forgot" to include the lease payment amounts - he wants to know how I want him to configure the lease. Does this make sense? I' told him I need the lease payments and the determining factors (MF, Cap Cost, REsidual, etc) before I can decide.
#371 of 549 Rav 4 Toyota MF
Jun 24, 2010 (6:55 am)
I am told in that from Geogia to Miami that the money factor is .0113 does anyone know if this is correct?
Does $249 plus tax 0 down sign and drive first payment made on a base Rav 4 with value pack seem right.
#372 of 549 RAV4 Ltd 2WD Lease Payments
Jun 25, 2010 (7:16 am)
Here's what I just got from a dealer in SC. I've read posts on here where people paid less than $300 with NAVI so I'm not so sure this is such a great deal even with the lease special. The 36 mo lease special is in lieu of the $1,500 dealer cash back and instead has a $2,300 residual enhancement.
RAV4 LTD 2.5L 2WD
EVP #1 (no nav) and BC
MSRP: $27,714 (after the $2,000 EVP Discount INCLUDES $795 Dest. Fee)
Base Cap Cost: $27,649 ($26,415 sales price + $300 tax + $39 registration+$895 Acquisition Fee)
Sales Tax: $300
MF: 36 mo .00161 / 48 mo .00239
Residual Value: 36 mo 61.740% after residual enhancement (54% before)
48 mo 46.00%
Disposition Fee: $350 which SETF reserves the right to waive if you re-lease.
Cash Due at Signing: 1st payment
36 mo 15K mi $333/mo 48 mo 15K mi $390/mo
I haven't told them yet that I have one more payment left on my Highlander lease that ends 8-1 and I'm about 300 over on my mileage. Would be nice if they would pick these costs up - and lower my lease payment.
Interesting as I look at these numbers, the guy gave me an OTD price of $25,254 before I told him I wanted to Lease. I don't see that figure anywhere. Comments?
#373 of 549 Completed Lease on Base Rav 4 with EV Pack
Jun 27, 2010 (12:55 pm)
Just completed a lease at Cramer Toyota of Venice Fl. I was not able to get the deal I wanted further south of this dealer so drove up Saturday after a few emails with their Internert Manager. Settled on a sign and drive first month paid zero down and $249 per month plus tax with 15k miles per year. Will be a car for my wife and her expences should cover the lease.
Sold them my 2007 Sorara, after a cheeky offer they gave me exactly what I wanted matching two other offers. Still waiting for the check from them but it was a Saturday. Cannot fault the service and it was worth an hours drive. Guess they were happy and we are.
#374 of 549 Residuals for June?
Jun 29, 2010 (7:55 am)
Does anyone know the residual factors offered by Toyota Leasing for the Sport 4x2 for June in NJ? The latest ones I see listed here are for the Base4x4.
#375 of 549 Re: more info on Phoenix lease question [hannahr]
Jul 02, 2010 (11:11 am)
Just got a 2010 Rav4 Limited 4cylinder with Option Package 2 (Nav, Bluetooth, XM, leather, etc) for $384/mo (Gap insurance included), first month's payment due at signing with no down payment, 15k/yr for 36 months.
Is this a good deal?
#376 of 549 Re: more info on Phoenix lease question [justinm312]
Jul 03, 2010 (10:18 am)
Good deal at $284 perhaps OK but on the higher side for a 4-cyl. with all the extras and taxes included, are you sure there's no typo? Did the dealer forget the Residual Incentive by Toyota?
#377 of 549 Re: more info on Phoenix lease question [luvauto]
Jul 03, 2010 (11:54 am)
I have $384/mo for 36 months. Where do you get $284? The residual value was around $16,700.
#378 of 549 Lease Pymt. Calculations
Jul 04, 2010 (3:33 pm)
Ltd 2.5L 2WD
EVP #1 (no nav) and BC
36 mo 15K mi
up front costs: 1st pymt and ttl
Sales Price: He didn't tell me, said its $140 below invoice. Edmonds shows invoice at $25,578
Acquistion Fee: $795
$500 customer loyalty discount
When I do the math, I come up with a lower pymt. I must be adding something wrong, but I just can't figure it out. Can someone please calculate the lease pymt for me so I can see if the dealer's quote of $299 is right?