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Toyota Sienna Lease Questions

267 messages,  Last post on Dec 01, 2009 at 7:47 PM

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

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#158 of 267 Re: Sienna XLE Limited AWD [njsienna] by rlmiller9 Dec 13, 2007 (4:39 am)
Replying to: njsienna (Dec 12, 2007 8:57 pm) That seems high to me, what are they using for a price of the vehicle ? After 35 months you will have paid them over 21,000 Not sure how much driving you do, but 12k miles a year is not alot and if you go over that is more money.   You can lease a Mercedes for that kind of $
#159 of 267 Question re: buying out lease early by countrydriver Dec 27, 2007 (10:15 am)
Happy Holidays! I recently came into a very small inheritance and am now able to purchase my van. I am just not sure if it makes sense or not. I own a 2005 Toyota Sienna XLE which is selling locally around $33,000cdn. My current buyout value is $28,000 plus 15% tax and I am paying $661/mth and halfway through the lease term. Any thought or ideas of the pros and cons of buying this lease out early.    Thank-you kindly.    CD Replies to this message: ballhogg (Jan 10, 2008 11:11 am) countrydriver (Jan 11, 2008 6:00 am) ballhogg (Jan 13, 2008 7:50 pm)
#160 of 267 Re: Sienna XLE Limited AWD [njsienna] by foxyesq Jan 07, 2008 (6:27 pm)
Replying to: njsienna (Dec 12, 2007 8:57 pm) That sounds way high. I just leased a Sienna XLE Limited AWD with Option Package No. 2 with tow prep. and daytime running lights. MSRP $41,024 (with metallic paint). $545 month (including tax) $1,650 at signing (includes MVC fees, bank fee and first month).   Glen Motors, Fairlawn NJ.   They were also very fair on my trade.   Prestige Toyota (Ramsey, NJ) wanted $570 per month for similar car (but without metallic paint or tow package) or $527 with $3,000 at signing and offered $1,250 less for my trade.   For more on Glen Toyota's pricing (and the name of the particular salesman) see posts by urnabnomad and svofan2 (and thanks to them for shedding the light on this dealership).
#161 of 267 Re: Question re: buying out lease early [countrydriver] by ballhogg Jan 10, 2008 (11:11 am)
Replying to: countrydriver (Dec 27, 2007 10:15 am) Do NOT buy your car!! Think about it this way - if you "invest" ~$30K in your 3 year old car, it will be worth about half of that in another three years. Do you think getting a -50% return on your money is a good idea? At the very least put the money in a savings account and use the interest to help pay off your monthly payments. A car is the WORST "investment" you could make. Replies to this message: countrydriver (Jan 11, 2008 6:00 am) ballhogg (Jan 13, 2008 7:50 pm)
#162 of 267 Re: Question re: buying out lease early [ballhogg] by countrydriver Jan 11, 2008 (6:00 am)
Replying to: ballhogg (Jan 10, 2008 11:11 am) Thanks for your thoughts ballhog!   The reason that I am thinking about buying it out is so that I can sell it privately and purchase the "08 Sequoia.   I know that trading in a leased car is never a good idea - so that is why I thought about this scenerio.   your thoughts?   L Replies to this message: ballhogg (Jan 13, 2008 7:50 pm)
#163 of 267 Current Sienna Rates by tifighter Jan 11, 2008 (1:36 pm)
Car man (or others)-   Any info on the current money factor/residual etc for the Sienna (LE AWD) this month from TFS?
#164 of 267 Residual? by hause7 Jan 11, 2008 (7:57 pm)
What is the residual value? the trade-in, retail, or private party? How can you figure it out? i want to work out lease payments on an 08 Limited.
#165 of 267 Re: Question re: buying out lease early [countrydriver] by ballhogg Jan 13, 2008 (7:50 pm)
Replying to: countrydriver (Jan 11, 2008 6:00 am) Hmmmm.....IF you really want the Sequoia, try to line up a buyer for your Sienna BEFORE you actually buy it out. One of the main reasons why I lease is so that I don't have to deal with the hassles of selling a car. It's not easy, especially at that price point. I had a 3 year old Accord in mint condition and it took me a while to sell it.   I'm not familiar with Canadian tax laws (just the casinos and gentlemen's clubs but do you have to pay 15% for buying out the lease or that the standard tax for buying a car? That still seems like a lot.   $30K invested with a 12% return will double in 6 years, just something to think about.
#166 of 267 Latest Buy Rate MF & Residual by bsc99 Feb 26, 2008 (3:16 pm)
Can I please get the latest Buy Rate MF & Residual for a 2008 Sienna XLE FWD with Package #2 for 36 Months 12K Mi per year (Tier 1+)? I will share my Northern NJ negotiating experiences shortly.   Thanks / much appreciated Replies to this message: bsc99 (Mar 03, 2008 7:41 am)
#167 of 267 Re: Latest Buy Rate MF & Residual [bsc99] by bsc99 Mar 03, 2008 (7:41 am)
Replying to: bsc99 (Feb 26, 2008 3:16 pm) Bump - Can anyone assist the numbers referenced above (for March, 08)?   Thx

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