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Toyota Sienna, Car Leasing, Van
#230 of 418 Re: What's with the residuals and money factors? [Car_man]
Mar 24, 2009 (5:28 pm)
hi Car man:
The latest promo from Toyota for an LE Sienna is very expensive.
369 per month with 1999 plus first months payment. Does not include tax.
Can I find a better deal ? Also looking at a Honda Odyssey trying to find a great
Minivan and not spending more than 350 with no money down. I have a 2005 Odyssey that is an EX-L with DVD for 400.00 per month no money down. Thanks for your help,
#231 of 418 Re: What's with the residuals and money factors? [tradermom
Apr 15, 2009 (2:04 am)
Hey tradermom. Savvy consumers who are in an area that has a decent level of competition can almost always negotiate a lower selling price on the vehicle that they want, and in turn a lower monthly payment, than manufacturers' advertised deals.
The Honda Odyssey might indeed be a little less expensive than the Toyota Sienna to lease at this point. You definitely should check it out. The only other minivan out there that has a decent lease program available on it that comes to mind is the Volkswagen Routan, but it probably won't be any cheaper than the aforementioned vehicles.
Prices Paid: Buying & Leasing Experiences Forum
#232 of 418 Lease Buy out
May 04, 2009 (6:41 am)
Wondering if anyone has any insight: my 2006 Sienna LE with 20,000 miles is coming off lease at the beginning of August. The lease is held by USBank, which has quoted a payout of $15,816 if I want to keep the car. Checking online price guides, this seems ok. Does anyone have experience trying to negotiate a lower price? If so, any effective techniques that work? Thanks for any insight.
#233 of 418 2009 XLE 7 with option 3
May 07, 2009 (2:46 pm)
Car Man, please help on this lease offer. (36 months/ 12k) $466.42 +7% tax = $499.07
Cash Rebate $800
Inception Fee $1621
Total Cash $821
Original MSRP $32567
Maximum Adv $36518
Resid 46% $14980
Mileage Adj+1% $325
Adjusted Res $17401
Dealer Cost $28497
Selling Price $28747
Price Adjust $821
Adjust Sell Price $29568
Assignemnt Fee $695
Total Cap Cost $30263
What do you think about this deal?
thanks for your input.
#234 of 418 2009 Sienna LE w/option #2
Jun 08, 2009 (10:15 am)
Is the residual set by Toyota or buy the individual dealerships? I'm in Rochester NY, and a dealer told me the residual is about $12k...that seems ridiculous, since there are no 3-year old used Siennas on the market for anything close to that low. Just wondering how much bargaining room I have on that - more if it's his number than if it's Toyotas, I imagine. Thanks!
#235 of 418 mf and residual for sienna XLE AWD July
Jul 02, 2009 (6:52 am)
could you please post July money factor and residual for 2009 and 2010 Sienna XLE AWD on 36mo, 12,000 miles lease?
thank you in advance
#236 of 418 Toyota Lease Buyout - New or Used?
Jul 09, 2009 (11:02 am)
Toyota Sienna 2006 lease is up in Aug; Trying to buy it but everyone
has a different answer. Bank says used. TFS says new. Dealer doesn't
want to bother. Should I just extend lease?
#237 of 418 Re: Toyota Lease Buyout - New or Used? [daniel44]
Jul 09, 2009 (1:02 pm)
I had the same experience back in may although I was trying to lease a new one. Here I am, sitting at the dealership, asking to lease a car the same day. They had the worst lease rates, no incentives to take the car back and on top, would only give me the repair estimates AFTER I returned the car. Couldn't believe that in this economy, they let a customer walk out the door. I just extended the lease for 6 months - deferred the pain a bit. See what happens in 4 more months.
#238 of 418 Toyota End Of Lease Website
Jul 19, 2009 (12:43 pm)
Does anyone know if Toyota has a website of what they will charge me for tires, scrapes etc when I turn in my lease ? A friend said he got an allowance with Honda but that doesn't seem to be the case with Toyota.
#239 of 418 Re: Toyota End Of Lease Website [bluetiger]
Jul 19, 2009 (1:24 pm)
I have leases a number of vehilces and the turn in results have been similar. Here are the things to watch for
1. Tires they need to have 1/8 inch thread
2. Windshield and glass no cracks.
3. Acessories must be there, cargo lids etc.
After that it is a bit subjective, most of my leases at about 45 days to go I get a little plastic thing that has holes in it saying if a ding is bigger than this hole you will pay if a scratch is bigger than this one you pay. If there is a tear on the inside bigger than this you pay.
I would take lots of pictures before you turn the vehicle in, just in case there opinion differs from yours on normal wear and tear.
I will also add that on some leases at the end I have negotiated a bit and tried to hold my ground on things that were wrong and got them to split the cost of say some road rash on the front bumper.
I have a mini going back in a couple months and they have me a little concerned because they are asking for a pre turn in inspecition as if they 'want' to find things wrong?