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Toyota Sequoia, Car Leasing, SUV
#60 of 160 Re: Any Lease info on 2006 Sequoia SR5 leather or Limited? [dfarnsworth]
Jan 26, 2007 (2:59 am)
Greetings dfarnsworth. Toyota's lease program varies by region. If you tell me what state you are in I will be able to give you a more accurate idea of what this truck's current lease program is like. Toyota Financial Services' most common buy rate lease money factor for the 2007 Sequoia is .00179 for consumers who qualify for its Tier 1+ credit tier. Again though this factor varies by region. I don't believe that TFS is offering leases on 2006 Sequoias any longer. If this is indeed the case and you really want to lease one, you will have to do so through an independent bank. I suspect that you will be better off leasing a 2007 model than a 2006 model at this point.
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#61 of 160 Re: Lease monthly SHOCK! [omegagen]
Jan 26, 2007 (3:06 am)
Hi omegagen. Those certainly are shocking lease payments. There's no way that I would pay that much money for a Sequoia! I personally would never work with a dealer that was not being completely straightforward with me regarding my vehicle's selling price and how much they were giving me for my trade. Toyota has tons of dealers. You were right to find a different one to work with.
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#62 of 160 help on a lease for a '07 Sequoia
Feb 22, 2007 (8:37 pm)
We are moving to Marin County, CA from Denver, CO. We are looking to lease a 2007 Sequoia. A few questions:
1) what is the difference in price based on region?
2) we have a high FICO (775), what is a reasonable price we should expect to pay for the lease?
3) what is the lowest price you have heard someone has paid for a lease payment per month?
4) would we be better served pursuing a lease for a higher end/luxury brand such as a Lexus or BMW?
Thanks for your help.
#63 of 160 Re: help on a lease for a '07 Sequoia [at_a_loss]
Feb 22, 2007 (9:28 pm)
Would you be interested in possibly taking over a lease on a used Sequoia, maybe a 2006 or 2005 with low payments? I know there are several options in California and even in Nevada which isn't far from where you are moving. You should check out Swapalease.com.
#64 of 160 February Lease Rates '07 Sequoia SR5 2WD
Feb 26, 2007 (9:34 am)
I am considering leasing a 2007 SR5 Sequoia in the Houston metro area. I am familiar with the fact that TFS calculates there residual values differently (based on installed equipment) but I am looking for a ball park figure for the residual value and the actual current money factor (Tier 1 credit) for a 36 month/15K lease. Thank You!
Mar 01, 2007 (12:11 am)
I'm in the DFW area and just leased a fully loaded SR5 (very near the equivalent of Limited for 2K less plus I got 20" wheels!). My deal was for 48 months, 12k and the residual was set at $18,884 for ALL SR5's. It doesn't matter what options you add, they only residualize off of base MSRP. I looked at several trucks that had different options and they always used the same residual. The lease was through US Bank at a MF of .00216 (Tier 1) so I could also get the $1500 cash back.
#66 of 160 Re: Residual & MF [texasbuckeye]
Mar 03, 2007 (9:25 am)
Can you please tell us what the MSRP was on the truck you selected, and what they used for the net Cap Cost? Thanks
#67 of 160 Re: Residual & MF [raider4466]
Mar 03, 2007 (7:22 pm)
MSRP was $40,683 from the factory but upped to $45,155 at the dealer with addition of 20" wheels w/ locks & Toyo tires (really nice!), pinstriping, front window tint, battery saver and tire safe. The net cap cost was $36,917 (including TTL and after I paid $2300 out of pocket and also applied the $1500 rebate to cap reduction).
#68 of 160 Re: February Lease Rates '07 Sequoia SR5 2WD [texund]
Mar 22, 2007 (3:11 am)
Hi texund. I haven't seen Toyota's specific lease program for the Gulf States region this month. Unfortunately, its lease program for your area is often different than it is in the rest of the country, but to give you an idea of what it is like in most areas right now Toyota Financial Services' current buy rate and lease money factor for a 36 month lease of a base 2007 Sequoia SR5 4WD with 15,000 miles per year are .00179 and 56%, respectively.
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Apr 18, 2007 (10:03 am)
I'm down in Tampa and have been provided the following numbers from my local dealers:
Current residual on a 36 mo: 60%
Current residual on a 48 mo: 43%
but the "special money factor" she is quoting me through SE Toyota finance is .00224.
That is an interest rate almost 1% higher than the .00179 you quote, above. Any legitimate reason for the discrepancy? I'm not getting the feeling that the numbers she is coming up with through other banks, such as Huntington, are much different.
Also, when I asked for the actual cap cost they were using I got this response (can you explain it in layman's terms)?:
On the 48mo lease from my quote on Saturday, the actual capitalized cost is apprx $35800, with a bank advance of apprx $34900. These are the two numbers we deal with mostly on leasing to show the "sale price". This vehicle has a apprx retail of about $41900, plus tax and lic....