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Toyota Sienna Lease Questions

259 messages,  Last post on Nov 10, 2009 at 7:15 AM

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


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#168 of 259
Money Factor & Residual by gforce4
Mar 11, 2008 (5:39 pm)
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I'm planning on leasing a Sienna LE for 3 years and need to know the money factor and the residual $ (or amount) in the Philly, PA area.
 
LE
3ys lease; 15k/yr
$4,200 in packages
MSRP for all was $31,082
Next offer was for $28,084 includes all except 1st mt pmt and tags. Down payment factored in with a monthly pmt of $499.
 
Is this a good deal??
What is the Money Factor & Residual for this van??
 
Help!
#169 of 259
Price for 2008 AWD Limited Sienna by mnanda
Mar 24, 2008 (9:01 am)
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I anticipate leasing (24m) above with Pkg #2, daytime lights and cruise/HID lights with MSRP $41669. Fitz mall has an internet cap cost(selling price) of $36370 + $99 in fees with money factor of .00138 (3.3%). The exact payment $ is simply a derivative of the above ( plus residual %) so it is not my main concern. Is the selling price and lease interest rate as good as it gets? I am told rebates do not apply to this transaction because it is a lease. Is this true?
 
Does this car only come with run flat tires and is that a problem?
#170 of 259
Turning in a lease with low miles... by irg
Mar 31, 2008 (7:31 am)
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I have a 2005 Sienna XLE (base) that is up at the end of April. I have only 17k miles on it, with a lease of 12k per year. Will the dealer give me a better deal on a new lease, or some incentive for returning a vehicle with such low mileage (and good condition) or am I just giving the dealer a nice profit when they resell it? The buyout price is $18,xxx and it isn't worth it for me, but maybe if I negotiated a better price, I could sell it myself, and take the profits. Anyone do this? Who do I negotiate, with Toyota Financial? Or a local dealer? Doubtful that a local dealer could sell this van for more than $18k, so they must get a deal somewhere. ANy advice would be welcome.
#171 of 259
New leases? by irg
Mar 31, 2008 (12:41 pm)
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Is anyone leasing a Sienna these days? How are they comparing to the Odyssey? I see ending today that financing for a Sienna is very good, but I don't see any lease deals, wonder why. Maybe next month?
#172 of 259
Sienna LE by irg
Apr 04, 2008 (11:23 am)
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I got a quote from Fitzmall, where I leased from before, on a Sienna LE, package #2, alloys, floormats. Price is $24,981 (1,000 from Toyota does not count on leases apparently), residual is $14,859 (is that 59%?), with a money factor of .00103. Forget how to convert that to a %. Payments came to $344, but taxes (I'm in NYS, Fitzmall is in Maryland) due upfront of $1,430. If I divide that by 36 months, that adds $39 to the monthly lease, for $388 a month, not that good imo. I can get a Honda Odyssey for $358 includes all taxes. Last time I couldn't get the Odyssey lease to equal the Sienna, and now it is the other away around. The only thing with the Fitzmall lease, that $1430 that is due, last time I leased, they sent me a check about a month later for a similar amount, so I am not sure whether they've done this right or not.
#173 of 259
Re: Price for 2008 AWD Limited Sienna [mnanda] by irg
Apr 04, 2008 (1:00 pm)
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Replying to: mnanda (Mar 24, 2008 9:01 am)

I was told my Fitzmall the same thing, that the rebates didn't apply. I'm finding the Odyssey EX models lease better than the Sienna.
 
As far as the AWD models, I had a friend who owned one, and had a ton of problems with it. Eventually Toyota replaced (and paid for) all new tires and wheels, yeah the wheels needed to be replaced as well, and they replace a lot of suspension parts in the front too. According to CR, the Sienna has been more reliable than the Odyssey. The Ody also has issues with the PAX tires. I got some snow tires on my regular XLE Sienna, and never got stuck.
#174 of 259
2008 Sienna XLE Limited lease by nosher1
Apr 14, 2008 (6:26 pm)
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Hello,
I priced out a basically full loaded XLE Limited for about $40,500. I filled out the Edmunds form and had 4 dealerships contact me. Everyone is offering the car for around $35,000 (at or slightly below invoice). I got quotes for a 3 year lease with zero down, and inceptions all rolled in (that means the only payment I make at signing in the first month's lease payment). Everyone is quoting in the $660 to $680 per month range for a $36 month lease. That seems a bit pricey for a $35,000 van, doesn't it? Has anyone out there leased a similarly priced Sienna? What did you pay?
Thanks!
#175 of 259
2008 Sienna lease by carbuyerkag
Apr 15, 2008 (6:36 am)
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I am interested in leasing a 2008 Sienna either CE or LE 8 or LE 7 (package 1 or package 2) PA Resident.
I leased a 2005 Toyota Sienna CE in May 2005 PA resident.
I am not sure that I got a good deal then so I would like to start by having you review my last lease to show me the pros and cons of my last lease deal.
$3,752.25 due at lease signing
$229.05 for 35 months total $8,245.80
Total Payments at end of lease $11,769
 
Gross Capitalized cost $22,445
Capitalized Cost Reduction $2,381.15
Adjusted Capitalized Cost $20,063.85
Residual Value $14,489
Depreciation and Amortized $5,574.85
Rent Charge $1,990.08
Total of Base Monthly Payments $7,564.93
Lease Payments (36) $210.14 Monthly Sales $18.91
Total Monthly Payment $229.05
 
Breakdown of $3,752.25
Capitalized Cost Reducton $2,381.15
1st Month $229.05
Title Fees $22.50
Registration Fees $36
License Fees $24
Tax on Capitalized Cost Reduction $214.30
Acquition Fee $400
Doc Fee $55
Gap Insurance / Sales Tax $390.25 (325 / 75.25)
 
6/3/05
Pricing Report from Edmunds
MSRP $23,425 plus $470 package 1 and $565 destination charge
Invoice $21,082 plus $376 package 1 and $565 destination charge
Others Paying $22,035 $62 regional adjustment, $417 package 1; color adjustment $44; Destination charge 565
 
Sticker info
2005/5326C
MSRP $23,425
Package 1 $470
Carpet Floor mats / door sill protector $196
Destination Charge $565
Total $24,656
 
Thank you in advance for your assistance.
#176 of 259
2008 Sienna lease by carbuyerkag
Apr 15, 2008 (7:47 am)
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additional info
2005 lease was 3 yr; 45K (15K per year)
#177 of 259
08 sienna le for $360 in chicago by dacarpenter
Apr 17, 2008 (10:11 pm)
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Hey, everybody, was wondering if somebody getting better lease for 08 Sienna LE with AL,QF,CF,FE,RL in Chicago land than $360 a month (36/36000 with $550 due at signing; $360 includes everything). Cap cost is $25,797. Got 360 from two dealers after emailing for two months. Just need your thoughts on this.

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