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Toyota RAV4 Lease Questions

164 messages,  Last post on Sep 06, 2008 at 6:06 PM

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

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#49 of 164 What kind of deal is this? by higus Feb 01, 2007 (8:55 pm)
I'm located in Billings, MT. I am interested in leasing a 2007 Rav4 Limited 6 Cyl 4WD. Loaded with all the features the MSRP is right around $31,000. Assume that I will pay that amount with no down.   What should I expect to have for a money factor and residual?   The quotes that I've gotten from my local dealer pn a 36 month lease seem high on the payment ($515) and money factor (.0034) for someone with excellent credit.   Conversely the residual seemed low at $16500.    The dealer is saying that Toyota sets the money factor and the residual and he is unable to deal with me on anything. Is this true? Are these values accurate?   They just don't add up right to me.   Thanks! Replies to this message: Car_man (Feb 18, 2007 9:35 am)
#50 of 164 2006 rav 4 leased in June of 06 by alexstore Feb 04, 2007 (9:11 am)
Please let me know if we got a good deal: 06 base V4 rav4 4x4 with 17" steel wheels for 0 down and 330(all inclusive) per month for 39 month?
#51 of 164 Re: What kind of deal is this? [higus] by Car_man HOST Feb 18, 2007 (9:35 am)
Replying to: higus (Feb 01, 2007 8:55 pm) You're in luck, higus. Toyota just introduced a special President's Day lease offer on the RAV4 in most of its regions. While the special lease money factor that is available through this promotion isn't amazing, it's better than the one that was available before it. this promotion is only available for the next couple of days. I don't recall exactly what the special money factor that is available through it is, but I believe that it's around .00245 or so for consumers who qualify for Toyota's Tier 1+ credit tier. The .00340 money factor that you were quoted is outrageous. You definitely should shop around with another dealer if there is one in your area. Toyota Financial Services' current residual value for a 36 month lease of a 2007 RAV4 Limited 4WD with 15,000 miles per year is 60%. The problem is that unlike most banks, TFS only publishes residual values for base vehicles. It places restrictions upon which options can be residualized and caps on the ones that it allows. This makes it difficult to estimate what payments on vehicles leased through TFS should be.   Car_man Host Prices Paid Forum
#53 of 164 RAV4 in Indy by tdmarcum Feb 22, 2007 (5:04 pm)
I am in Indianapolis, IN and am looking at a 2007 RAV4. It's a base model, list price about 22,500. I want to go in to the dealer and tell them what I want and not haggle. Based on what you know about residuals and money factor, do you think I could get a monthly payment of $300 (plus tax) or less with only first month down? I have excellent credit. Thanks. Replies to this message: Car_man (Mar 22, 2007 4:08 am)
#54 of 164 Re: RAV4 in Indy [tdmarcum] by Car_man HOST Mar 22, 2007 (4:08 am)
Replying to: tdmarcum (Feb 22, 2007 5:04 pm) Hi tdmarcum. I have not personally seen Toyota's lease program for the 2007 RAV4 for your area recently. It's difficult to say whether you would be able to get the truck that you are interested in for around $300 per month with nothing down. I have a feeling that it would be close to that, but perhaps slightly more.   Car_man Host Prices Paid Forum
#55 of 164 Any new info? by dave_h2 Apr 19, 2007 (11:08 am)
I'm looking to lease a new Rav 4 soon and would like to hear from anyone about any recent leasing experiences.   FYI - I live on Long Island, NY - and that is where I will be getting the vehicle from. I plan on getting quotes from internet sales managers first, before going in to the dealership and following up that way.   Any advice would be most appreciated. Replies to this message: Car_man (Apr 26, 2007 2:22 am) dave_h2 (Apr 26, 2007 9:31 am) Car_man (May 22, 2007 2:45 am)
#56 of 164 Re: Any new info? [dave_h2] by Car_man HOST Apr 26, 2007 (2:22 am)
Replying to: dave_h2 (Apr 19, 2007 11:08 am) Hi dave. My advise is to shop around for the lowest selling price that you can get on the RAV4 that you want and then have the dealer that gives you the best price calculate your truck's monthly payment using its buy rate lease money factor. You should be able to get a pretty good price on this truck, given the high level of competition in the New York area. Toyota Financial Services' current buy rate lease money factor for a 36 month lease of an '07 RAV4 in your area, its New York region, is currently .00236 for consumers who qualify for its "Tier 1+" credit tier.   Car_man Host Prices Paid Forum Replies to this message: dave_h2 (Apr 26, 2007 9:31 am) Car_man (May 22, 2007 2:45 am)
#57 of 164 Re: Any new info? [Car_man] by dave_h2 Apr 26, 2007 (9:31 am)
Replying to: Car_man (Apr 26, 2007 2:22 am) Thanks for the money-factor number, Car Man.   Any chance someone could go into Santa Fe Lease Questions topic and provide similar information? The tumbleweeds in there are beginning to worry me. Replies to this message: Car_man (May 22, 2007 2:45 am)
#58 of 164 May Numbers Needed by jerhot Apr 30, 2007 (7:26 am)
Hi Car Man,   I am looking to lease a base RAV4 automatic with 4 cyl engine. With alloy wheels, roof rack, daytime running lights, and destination charges, the base MSRP goes from $20,950 to $22,415. The invoice for this is $20,679. Can you please give me the money factor and residual value for a 3yr./12k lease? Please use the May numbers!   Thanks! Replies to this message: Car_man (May 22, 2007 2:51 am)

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