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Prices Paid: Buying & Leasing Experiences Toyota Sienna Lease Questions
269 messages, Last post on Dec 02, 2009 at 9:18 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I just signed for a Limited AWD,evp # 1 (nonav) on a lease that I think has to be mostly subsidised by TOYOTA...I paid $1643 at inception,12k miles,and $534/monthly. The inception covers first month payment,reg and plates,the $534 (35 payments) covers tax and GAP insurance. i believe that it is a great deal for Northern NJ, if anyone wants info let me know,great people no hassle no pressures...glad I did business with. I have to give credit to nomad,great guy that did put me to this great deal. I was going to plunge into $8k initial payment and then $485/month but that before Oct 1st and my new friend Bali. good luck to all of you. Toyota sales for the vans are 23% down,can't figure why since the Honda does not have as many bell and whistles but I think that is also cheaper.. Well being on this forums was a valuable expirience and profitable too..
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Replying to: svofan2 (Oct 11, 2007 2:46 pm) Running these the 54.6%/.00128 on your deal, I calculate that your capitalized cost was $2k over invoice, which is ok. Of note, calculating your deal with the Acadia's residual % and lease rate increases your pmt by $60/month.
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Replying to: kmurray5 (Oct 12, 2007 4:28 am) The money factor is around 0.0026. With the money factor ( I think it is a teaser rate) that you mentioned what they do is, they mark the car up at least 1-1.5K invoice or more.. If you can get that type of deal with sales price $500 over invoice with the money factor you mentioned, you gonna have a slam dunk deal as your monthly payments should be at least $40-50 below my monthly payment. |
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Replying to: urbannomad (Oct 12, 2007 7:05 am) BTW, my local GMC dealer quoted me $769/month on a loaded Acadia which implies a cap cost of $500 above MSRP. This is despite the manager knowing that I have bought 5 vehicles from the dealer over the last 12 years (has several brands). The Acadia lease works out to $8k more over 3 yrs than what the Sienna will cost me despite the Acadia having an MSRP of only $2.9k more.
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Replying to: kmurray5 (Oct 12, 2007 9:39 am) You should be able get those vehicles thousands dollar below invoice(rebates, holdback etc) and he quotes $500 over MSRP? Good luck in his future endeavours:-) After seeing Sienna, I would never think about buying an SUV.. Give me your e-mail and we will arrange you to get a Toyota Sienna like my new buddy svofan.. The key is to cut the deal with the business development manager/internet sales manager.. If you call sales people, you will most likely get bad quotes.. By the way it was my easiest/quickest car leasing/buying experience in my 20 years of driving:-)
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Replying to: urbannomad (Oct 12, 2007 10:28 am)
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Replying to: svofan2 (Oct 12, 2007 11:45 am) Also they make $500 over invoice.. Add all these figures up, it is still good profit. I am sure there are other incentives for the dealers that we do not know. Things will only get worse to the end of the year so I am sure there will better deals in Siennas but we needed the car pronto.
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Replying to: urbannomad (Oct 12, 2007 12:42 pm) |
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Replying to: urbannomad (Oct 12, 2007 7:05 am)  ..Any help would be greatly appreciated..
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Replying to: finwife (Oct 13, 2007 12:17 pm)
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