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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

What is this discussion about? Toyota Sienna, Car Leasing, Van


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#138 of 269
Re: ..thanks urbanomad...I got a great deal [urbannomad] by kmurray5
Oct 12, 2007 (9:39 am)
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Replying to: urbannomad (Oct 12, 2007 7:05 am)

Thanks. You are right, my deal would be $508/month if I could get them down to $500 over invoice, but not sure they will go this low. I would consider anywhere b/w $525-$550 a good deal. What dealer did you use?
 
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.
#139 of 269
Re: ..thanks urbanomad...I got a great deal [kmurray5] by urbannomad
Oct 12, 2007 (10:28 am)
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Replying to: kmurray5 (Oct 12, 2007 9:39 am)

So your GMC dealer wants to lose you as a client:-)
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:-)
#140 of 269
Re: ..thanks urbanomad...I got a great deal [urbannomad] by svofan2
Oct 12, 2007 (11:45 am)
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Replying to: urbannomad (Oct 12, 2007 10:28 am)

WRONG!!!!!!!!!!!!!!!!!!!!...mine was the easiest,it only tok me 10 minutes (about 5 less than you) and that was because YOU did all the work and I rode your coat tails. Do you think Toyota is subsidising these Sienna leases?...the guy from FitzMall wrote to me and said that that deal is IMPOSSIBLE!!!...I responed ok....I am picking up my Sienna Limited AWD with towing and EVP #1 on Saturday...
#141 of 269
Re: ..thanks urbanomad...I got a great deal [svofan2] by urbannomad
Oct 12, 2007 (12:42 pm)
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Replying to: svofan2 (Oct 12, 2007 11:45 am)

First of all dealer is making money from the 2% MSRP holdback. Second they should be using the half of the money factor internally that they gave it to their tier one credit customers. It is a good money on a 3 year span.
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.
#142 of 269
Re: ..thanks urbanomad...I got a great deal [urbannomad] by svofan2
Oct 12, 2007 (4:49 pm)
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Replying to: urbannomad (Oct 12, 2007 12:42 pm)

I am happy andso are you...I always believed that bird in hand is worth more than..(you know the rest)
#143 of 269
Re: ..thanks urbanomad...I got a great deal [urbannomad] by finwife
Oct 13, 2007 (12:17 pm)
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Replying to: urbannomad (Oct 12, 2007 7:05 am)

Hi..Was just catching up on all the great posts..I need help..Am looking for at 08 Sienna LE w/EVP # 2 from Edmunds, which has a different MSRP from Toyota (27605) vs Edmunds 27125 (TMV=26020)..How much theoretically could I spend on a 36 mo/ 15k/yr lease...I tried to use an online calculator with the money factors/residual value listed and came up w/ $ 179/month...obviously I did something wrong ..Any help would be greatly appreciated..
#144 of 269
Re: ..thanks urbanomad...I got a great deal [finwife] by svofan2
Oct 13, 2007 (4:43 pm)
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Replying to: finwife (Oct 13, 2007 12:17 pm)

where are you located?.....if in Nj please read my previous post...I was so happy with Glen Toyota that I can stop recommending them. In my many years of car buying and lately leasing I have never encounter such a great bunch of guys...no pressures and excellent prices,of to those that know their numbers...
#145 of 269
Re: ..thanks urbanomad...I got a great deal [urbannomad] by hause7
Oct 15, 2007 (7:32 pm)
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Replying to: urbannomad (Oct 12, 2007 7:05 am)

Im thinking of Leasing an XLE with Extra value pkg. 4 then purchasing it after the lease, should i do that? I can pay a lot lower every month that way.
#146 of 269
Re: ..thanks urbanomad...I got a great deal [svofan2] by finwife
Oct 15, 2007 (7:46 pm)
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Replying to: svofan2 (Oct 13, 2007 4:43 pm)

Hi..I am at at the shore..my "local" dealer is DCH- galaxy- had a good experience with them 3 years ago on purchase of a Solara...by I was just curious where the numbers could end up with the car I wanted priced out. 4 years ago I leased a 04 LE 8 pass for $450/month..I know I got ripped..I just don't want history to repeat itself.. I have time before this lease is up and feel obligated to get the BEST deal! Driving up to Glen is not out of the question- but would prefer to deal locally if possible..TY!
#147 of 269
Remaining 2007 residuals by biffster
Oct 16, 2007 (12:41 pm)
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I've been talking with one Northern California territory dealer about a remaining 2007 XLE AWD with the relatively rare Package 9 (Nav and DVD entertainment).
 
The TFS lease money factor without cash back is a pretty good 0.00158 (~3.8%), but the residual on the 38,200 cap cost is a dismal 46%. With such a low residual, the advantageous lease MF gets eaten away.
 
Is this just an example of Car Man's admonitions here that TFS has restrictions on what options can be residualized? Or is this a case of a dealer hitting the wrong keys on the financing screen?

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