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Toyota Sienna Lease Questions

270 messages,  Last post on Dec 06, 2009 at 11:20 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Sienna, Car Leasing, Van


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#31 of 270
March lease program by dad23
Mar 01, 2006 (11:35 pm)
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Hey Car_man,
 
Could you tell me what the residuals and MFs are for an XLE FWD 7 passenger on both 36 and 39 month, 12K miles leases?
 
Thanks
#32 of 270
March lease specials? by girosc
Mar 02, 2006 (8:12 am)
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Great question. Anyone aware of any strong lease programs incentives for March?
#33 of 270
New York region lease by simshapiro
Mar 14, 2006 (10:11 am)
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Hi Car_man,
 
  can you tell me the residual and MF for a
  Sienna LE 7 AWD, 36 months anf 15K miles,
  in New York?
 
Thanks.
#34 of 270
Swapping leases by indyhound
Mar 22, 2006 (6:31 pm)
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We have a 2003 Highlander (60 months/12K) with about 2 years remaining. We are wanting to move to a Sienna LE2 7 passenger with DVD upgrade ($1200) with a sticker of $27,131. We have been offered ~$365/month for another 60 month/15K lease. Reasonable? Not an ideal situation but "it is what it is". Is there typically a penalty assessed in this scenario? Just wondering what I'm up against. Located in Indianapolis. Great board.....wish I'd found this a few years back.
#35 of 270
Buy now or will April be better??? by twinnybop
Mar 24, 2006 (1:35 pm)
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Anyone in the south (or even if you are not- you can give your opinion!!) think lease incentives will improve for April. ?? I am debating.. do I buy now at end of March or hope for better lease deal for April. Seems March was worse than FEb and they raised the price of the car.
Here is what I have...
2006 xle pkg6 with mats sale 30299.00 lease 36mo/15k yr for 413/mo.
 
is this good...do i buy now or see if a 39mo lease with/without better rates is offered in April? scared to wait and scared to miss out if I buy now!!
please help.
 
THANKS!
#36 of 270
Re: Swapping leases [indyhound] by twinnybop
Mar 24, 2006 (1:59 pm)
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Replying to: indyhound (Mar 22, 2006 6:31 pm)

is your highlander included in this price?
Generally speaking, when you break a lease, you must pay for the remaining months left. However, maybe you meant Toyota was paying those remaining payments??
If 369 is the price per mo. without factoring in your Highlander, I'd say that is not a good deal you have been given. Just my opinion.
#37 of 270
Re: March lease program [dad23] by Car_man HOST
Mar 26, 2006 (6:28 am)
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Replying to: dad23 (Mar 01, 2006 11:35 pm)

Hi dad23. If you were to lease a 2006 Toyota Sienna XLE (not the Limited model) through Toyota Financial Services in its Denver region right now for 36 months with 12,000 miles per year, its buy rate lease money factor and base residual value should be .00145 and 61%, respectively assuming that you qualify for its Tier 1+ credit tier. I don't believe that Toyota is currently providing support on 39 month leases of this model, so if you were to lease one for that long its money factor would double.
 
Car_man
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#38 of 270
Re: March lease specials? [girosc] by Car_man HOST
Mar 26, 2006 (6:35 am)
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Replying to: girosc (Mar 02, 2006 8:12 am)

Hello girosc. Toyota has a decent level of lease support on the '06 Sienna this month. Its exact lease program for this van varies depending upon which one of its twelve regions you are in, how long you want to lease it for, how many miles per year you need to be able to drive it, and the exact trim level that you want. I would be happy to give you an idea of what its current lease program is like if you provide me with this additional information. Talk to you soon.
 
Car_man
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#39 of 270
Re: New York region lease [simshapiro] by Car_man HOST
Mar 26, 2006 (6:38 am)
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Replying to: simshapiro (Mar 14, 2006 10:11 am)

I'd be happy to help you out, simshapiro. According to the latest information that I have seen, if you were to lease a 2006 non-Limited Toyota Sienna through Toyota Financial Services in your area right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00133 and 59%, respectively assuming that you qualify for its Tier 1+ credit tier.
 
Car_man
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#40 of 270
Re: Swapping leases [indyhound] by Car_man HOST
Mar 26, 2006 (6:42 am)
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Replying to: indyhound (Mar 22, 2006 6:31 pm)

Hi indyhound. 60 months is way too long to lease a vehicle for. Toyota's special lease money factor for this van is only available for leases up to 36 months in length. By leasing for 5 years instead of for three, your interest rate will more than double. Not to mention the fact that it is usually fairly expensive to get out of leases before their scheduled end dates. The dealer that you are working with is probably rolling quite a bit of negative equity from your current lease into your new one, causing you to pay more than you should for your new van. Your best, least expensive option is to wait until the scheduled end of your current lease and them lease a new vehicle for 36 to 39 months.
 
Car_man
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