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Toyota Sienna Lease Questions

259 messages, Last post on Nov 10, 2009 at 7:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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. |
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additional info 2005 lease was 3 yr; 45K (15K per year) |
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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. | |
| what is the best money factor and residual you have found on a Sienna lease (XLE AWD)? I'm in northern ca. | |
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Hi Car_man Can you please get me the 36 month/15K MF and Residual for the 08 Sienna AWD, XLE and LE trim line. Thanks Andy |
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Hi Car_man Can you please get me the 36 month/12K MF and Residual for the 08 Sienna FWD, XLE and LE trim line. You can ignore my prior post asking for the AWD lease rates. Thanks Andy
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Replying to: andy2812 (Jun 12, 2008 5:58 pm) Keep in mind though that TFS places restrictions upon what options can be residualized. This makes it very difficult to calculate the actual dollar residual values for vehicles, so much so that Toyota provides dealers with lists of the residual values for the units that they have in inventory instead of having them calculate them on their own. As a result, it is difficult for consumers to estimate what lease payments should be on Toyota models. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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I'm thinking of leasing a Sienna XLE Lease- with AVP#1. I'd like 12K a year for 36 mos with no money down. If I negotiate a price on the car of 28,800...what would the lease work out to be? Monthly fee plus taxes (%6). I know the factor and residual are governed Nissan but I don't know what how to figure what the bottom line with be. Any help is GREATLY appreciated. Tks!
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Replying to: tishn (Jun 21, 2008 1:22 pm) |
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What am I doing wrong here... I'm trying to figure out the finance fee (rent charge) on a 2008 Toyota Sienna LE (option package #1). Gross Cap Cost roughly $26,585. The dealer told me the residual is $14,790 and the Money Factor is .00093. If I put down $1,000.00 that would make the Net Cap Cost 25,585, right? So, using the Edmunds formula, If I add the Net Cap Cost of $25,585 to the residual ($14,790) that gives me a sum of $40,375. Multiply that by the Money Factor of .00093 and you get 37.54. What am I doing wrong?
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