- #146 of 269
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Re: ..thanks urbanomad...I got a great deal [svofan2]
by finwife
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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!
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- #147 of 269
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Remaining 2007 residuals
by biffster
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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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- #148 of 269
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Re: Remaining 2007 residuals [biffster]
by svofan2
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Oct 16, 2007 (4:06 pm)
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Replying to: biffster (Oct 16, 2007 12:41 pm)
With the 08's out already and deals being worked out,why do you want an 07?....I have not seen any 07 in Northern NJ
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- #149 of 269
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Re: Remaining 2007 residuals [svofan2]
by biffster
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Oct 16, 2007 (4:23 pm)
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Replying to: svofan2 (Oct 16, 2007 4:06 pm)
In my TFS territory there aren't any special lease deals for the 2008s yet. I suppose a few more 2007s need to be sold before the 08s will get more incentives.
I suspect that the special 2008 leases some other territories are getting now will come to ours soon, perhaps early Novemeber. At least I can wait!
Still curious about the low 2007 residual, though.
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- #150 of 269
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Re: Remaining 2007 residuals [biffster]
by coupedncal
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Oct 16, 2007 (4:35 pm)
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Replying to: biffster (Oct 16, 2007 4:23 pm)
07 has extra year of depreciation.
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- #151 of 269
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Re: Remaining 2007 residuals [coupedncal]
by biffster
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Oct 17, 2007 (7:56 am)
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Replying to: coupedncal (Oct 16, 2007 4:35 pm)
I understand that 07 is now at end-of-model-year, and economically residuals should go down. I was just curious, given what Car Guy stated in #112 above -- that a 2007 LE in another region only a few weeks ago was at 56% depreciation for 36 mos/12k miles. This would be a drastic reduction since then!
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- #152 of 269
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Re: Remaining 2007 residuals [biffster]
by Car_man HOST
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Oct 26, 2007 (2:50 am)
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Replying to: biffster (Oct 16, 2007 4:23 pm)
Hi biffster. What state are you in? Toyota has started introducing lease support on the 2008 Sienna in some regions. If there is no support available on it in your area yet, I suspect that there will be in the next couple of months.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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- #153 of 269
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Re: Remaining 2007 residuals [Car_man]
by biffster
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Oct 26, 2007 (10:59 am)
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Replying to: Car_man (Oct 26, 2007 2:50 am)
I'm in Northern California. I suspect, given the support on other 2008 Toyota models in my region currently, that November might see some deals soon!
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- #154 of 269
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Re: Remaining 2007 residuals [biffster]
by iamrohail
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Nov 05, 2007 (10:45 am)
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Replying to: biffster (Oct 26, 2007 10:59 am)
I am getting a deal for a 2008 Sienna LE for 314 a month with $1700 down. Is this a good deal? With $1000 down its closer to $340 a month. this is in Indiana. The dealer said that the money factor has gone up for a Sienna which is the reason he cannot offer as good a deal as he did last year.
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- #155 of 269
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NOV. LEASE NUMBERS
by alfstinky1
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Nov 10, 2007 (10:04 am)
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Hi Carman, any idea what the Nov. Toyota buy rate numbers are for an 08 LE 36 month 12K lease are. Thank you.
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