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Prices Paid: Buying & Leasing Experiences 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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Replying to: Car_man (Jul 15, 2008 1:33 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 2:48 pm)
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Replying to: hause7 (Jul 23, 2008 5:05 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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I was hoping some of you might be able to share your experiences returning your leased sienna to Toyota. We are returning our first leased car and I'm super stressed about fees that they might charge us. We leased a Sienna LE in 2005 for 36 months ($376/month, $0 down). We have made our last payment and we need to return it this month. We are in the process of getting another car from Toyota, probably a Highlander, either buying or leasing it. What has other people's experience been returning their leased toyota in, in regards to charges and fees for excessive normal wear and tear? We have scratches on the outside (you can feel them in the paint), two of which are from being keyed by a rude neighbor. Inside, the upholstery looks pretty good, I used some spot remover on a few spots and I think it's in very good condition. The carpet is stained from living in the northeast during the winters. But what has me concerned the most are scratches/gauges in the hard plastic that covers the inside of the trunk/cargo area. I don't know how to fix them ourselves. Have other people taken their car in to be detailed before returning it at the end of the lease? We were just going to clean it as much as we could ourselves. Also, we have had regular oil changes on it, but we didn't take it in for the maintenace/tune ups like we should have (not planned- we bought the van because we had twins, and one of the twins has several medical problems, so all our money has been sunk into her medical bills). Will they charge us for that? I guess what I'm wondering is how picky toyota is with excessive wear charges if you are buying/leasing another vehicle from them? Would love to hear anyone else's experiences/charges, so I have a better idea of what to expect with this process... and the bill that I'm dreading will be sent our way. Thanks, R. Garand |
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So what are the new lease specials in the so cal area. FWD, 3.5-Liter V6, XLE 7-passenger, 5-Speed Automatic $29,725 Option C $4,390 Exterior:Slate Metallic Interior:Stone Leather 3 year lease, 12K miles,...what do you think should be fair.
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Replying to: awinner (Oct 19, 2008 9:24 pm) Thanks, Marinite |
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Here is what I am Looking for 2009 XLE Sienna Package #C Grey exterior/Leather interior 3 year lease 12k miles year $1,000 total drive off $475/month including tax Is this doable in the So Cal area? |
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Northern NJ Looking at 2009 Sienna CE 500 down 12k / year 36 months Any ideas ballpark? Thanks
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Replying to: mkzone (Nov 05, 2008 4:49 pm) The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Shop around with a few dealers in your area for the lowest possible selling price. Given how slow the market is right now and how much competition there is in your neck of the woods, I personally don't think that you will have much trouble finding a dealer that will sell you an '09 Sienna for around $500 over dealer invoice. You may want to stop by the "Toyota Sienna Prices Paid and Buying Experience" discussion for additional feedback on how much you should pay for this model right now. Once you have arrived at a selling price that you are comfortable with, have the dealer calculate your Sienna's monthly payment using its current buy rate lease money factor of .00075 (for Tier 1+ customers in its New York region) and you're all set. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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