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Prices Paid: Buying & Leasing Experiences Toyota Sienna Lease Questions
264 messages, Last post on Nov 25, 2009 at 12:19 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
I have a close end lease and will be returning my 2006 Sienna but it has a chip in the windshield. I have called them and they said I could replace it with a comparable windshield. Should I do this or will they still replace it with a Toyota windshield and bill me for it anyway?? It is not worth putting it through my insurance because of my deductible and I don't want to end up paying for this twice. Any advice would be great for those who have had their lease end and returned their vehicle.
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What is the MF on a Sienna van right now?
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Replying to: twinmom1 (Jan 20, 2009 9:21 pm) You're right, it doesn't make sense to claim your windshield on your insurance. I never do. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: jrm005 (Jan 21, 2009 10:21 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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I am looking to lease a 2009 Sienna LE in Ohio for 12,000 miles for 36 months. Can someone tell me the Residual Value Percentage and the Money Factor so that I may calculate a ballpark lease payment. Also, should I use the "TMV Price" or the MSRP from Edmunds.com with either BEFORE or AFTER any incentives to calculate the net capitalized cost? Thanks in advance. RedBlueFish
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Replying to: twinmom1 (Jan 20, 2009 9:21 pm) If you have to pay dealer list for a windshield it will probably be double what you would pay to have an independent glass installer come to you and fix or replace. Trust me on this one. |
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Replying to: Car_man (Jan 26, 2009 3:45 am) |
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Following are my lease details. Carson Toyota on 02/09/09. Sienna XLE Option Package #4 Slate Metallic MSRP: $34,950.00 Cap Cost: $31,482.00 Residual: $15,349.00 Money Factor: 0.00158 Drive Off: $886.61 Term: 36 mos Mileage: 12,000 / yr Pre-tax Payment: $541.21 / mos Payment w/Tax: $585.86 / mos |
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Replying to: RedBlueFish (Jan 26, 2009 9:52 am) Keep in mind though that TFS places restrictions upon what options can be residualized, making it difficult tor consumers to calculate the actual dollar residual values for specific vehicles. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Shop around for the lowest possible price on the '09 Sienna that you want, ideally one that is as close to dealer invoice as possible, and then have the dealer calculate your van's lease payment. Toyota's current customer cash incentive on this model is not compatible with its special lease program. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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My 2006 LE's lease is coming up in a couple of months. Just visited a couple of dealers and was flabbergasted by the current residuals and money factors. I leased the 2006 LE with one power door, garage opener etc with 0 drive off - $338/month including california taxes. The same car today will cost me more than 475 a month? The residuals have been lowered from 60% in 2006 to 45% in 2009. The money factors are terrible! I don't get, in this economy, while this dealer has an inventory of over 80 siennas on the lot, they are trying to sell me the same car for 50% more than what I pay for it right now? What in the name of *#&$*#&$ is going on? Anybody have any explanations for this? Any strategies other folks in the group have used?
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