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Prices Paid: Buying & Leasing Experiences Toyota Sienna Lease Questions
199 messages, Last post on Aug 13, 2008 at 6:14 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: hause7 (Jun 30, 2008 7:46 pm) Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a base 2008 Sienna with 15,000 miles per year in its NY region are currently .00023 and 50%, respectively for consumers who qualify for its Tier 1+ credit tier. Keep in mind though that unlike most banks, TFS places restrictions upon what options can be residualized. This makes it very difficult to calculate vehicles' actual dollar residual values and it renders its residual value percentages practically useless. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: maweiss (Jul 11, 2008 9:12 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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CARMAN: I live in Ohio and this is the offer I got on 2008 Sienna XLE Limited: MSRP:$ 40,323.00 sale price $35,789.00. For 36 months the payment is $596 a month with 12K miles a year with your fronts due a signing which amounts to $922.46. The front are your first payment, tax and tags. I need 15k a year for the miles. This look high to me. What should the lease payment be? Thanks alot for all you do! |
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Replying to: Car_man (Jul 15, 2008 2:33 am) Thanks. |
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just got a brand new 2008 sienna le evp #2 lease at south coast toyota from dave in internet sales 562-230-7690. what an honest gentleman!!! with 0 down only 404 per mo! for 36 mos, 12kmi, 15cents after that. the residual is super low too at $13700 in case we want to buy it or trade it in for some equity at the end of the lease. the deal is so good that once we did the math it didn't make sense for us to buy it even if we want it for more than 3 years. i checked out every other vehicle under 50k with 3 rows of seats, this is by far the best one out there - it is kinda the only one out there that met our requirements (easy and safe for our kids, easy to drive, comfortable ride, space for us and our gear even with all seats in use). all of the suv's were a disappointment and the honda is not as nice as the sienna. plus it has toyota's newer 3.5v6 that is silky smooth and powerful. it would be a mistake not to call dave in internet sales at south coast toyota in costa mesa, ca - he will give you the deal over the phone on the car your want. i needed a ride there and he picked me up (nobody wants to go car shopping on a friday night). |
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HI all New to the forum . I thought maybe you can help . My 2004 Sienna lease is up at the end of august .. Right now i pay $396.00 a month for the 48 months , i called leasing company .. Buyout was 14,000.00 however financing the vechile out would be $ 299.00 or 305.00 I guess my question would be SHould we keep this car or just give it back and get a new one . (Finance a new one ) MY point being is why pay 305.00 a month for a 4 year old car when i could pay 400 a month for a brand new one. .. ANother question is . Now when/if i give back my car to the leasing company not TOYOTA ..Can i do like a trade in or that has nothing to do with a lease.. My husband keeps sasying if we give back the car now It was like we were renting it for tha last 4 years .. PLease help thanks in advance .. NOt sure what to do . jen |
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Replying to: Car_man (Jul 15, 2008 2:33 am) My lease is up on my 2005 Sienna XLE LTD AWD. We had a great lease back in 2005 for with a very low lease factor. Currently, in the east bay, northern California, Toyota is offering a lease factor of .00093 which isn't bad, but it's not as good as the one I got back in August 2008. Do you know if there is a trend for lease rates to get better in August? The current lease factor of .00093 is only good until July 31st, so I don't know if I should lease now or take the gamble and wait until August for a better lease factor. Any suggestions? Thanks
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Replying to: sienna13 (Jul 23, 2008 3:48 pm)
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Replying to: hause7 (Jul 23, 2008 6:05 pm) |
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Hey Car Guy, This forum is amazing and you and all the members are doing everyone an incredible service. That being said we are among the hundreds out there down-sizing from our full size SUV into a more economic mini-van segment. We are trying to decide between the Honda Odyessy EX-L NO RES and the Toyota Sienna EXL FWD 36/months 12K Miles/year MSRP $33,264 Edmunds has the invoice at $29,391 (with destination) Includes: QH XLE Extra Value Package #2 EJ JBL w/6-CD Changer, Bluetooth, Satellite TO Tow Prep Package PC Optional Color And some other option I can't remember but only $100-$200 or so CAP COST $30705 +$795 Destination and $389 Doc Prep MF is .00103 Residual is 50%?? Supposedly it is 50% on the EXL but 52% on the Limited AND they are telling me they can NOT use the $2,000 dealer cash in combination with the low money factor. PAYMENT is $479+tax OTD $1,000 Down Payment I realize the math doesn't work with the down payment so I can tell they are trying to overcharge me there but I more concerned about the lower 50% residual (did it drop from last month?) and the over invoice CAP COST. How much room do dealers really have on 2008 Sienna's as compared to invoice and can they use the $2,000 dealer cash combined with the .00103 MF? If my wife didn't like the Sienna and how it drove so much more than the Odyssey, we would be buying the EX-L with a $32,845, $27,200 CAP COST, 55% residual and .00163 at MF, $0 Down and $425/month Thanks for all the input Car Guy.....And if any other members have some feedback, that would be welcomed as well. Thanks everyone |
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