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Toyota Sienna Lease Questions

272 messages,  Last post on Dec 07, 2009 at 8:19 PM

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

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#5 of 272 Re: 2005 Toyota Sienna XLE Package #6 [cdorsey] by kirstie_h HOST Sep 02, 2005 (9:23 am)
Replying to: cdorsey (Sep 02, 2005 5:48 am) Done!   kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions
#6 of 272 Re: 2005 Toyota Sienna XLE Package #6 by Car_man HOST Sep 11, 2005 (5:21 am)
Hello cdorsey. If you let me know what state you are in and how many miles per year you need to be able to drive your Sienna I should be able to give you an idea of what its current lease program is like. Once you have this info, you can use the formula that is outlined in the following article to calculate an approximate lease payment for your van: Calculate Your Own Lease Payment. The only problem is that Toyota Financial Services has a strange residualization policy for vehicles' options that does not allow consumers to residualize their full MSRPs. This will throw your payments off a little bit.   Car_man Host Smart Shopper / Prices Paid Forums
#7 of 272 MF and residual by arrosen Sep 14, 2005 (12:17 pm)
Car Man   Can you please give me the MF and residual for a Sienna XLE and a XLE Limited, 15K miles per year? I am in So. Cal. if that makes a difference.   Thanks!
#8 of 272 Re: MF and residual by Car_man HOST Sep 23, 2005 (1:45 am)
Hi arrosen. Here's the information that you are looking for. If you were to lease a 2005 Toyota Sienna XLE through Toyota Financial Services in its Los Angeles region right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00080 and 58%, respectively. the money factor for an otherwise identical lease of a 2005 Sienna XLE Limited would be the same, but the residual value would be only 53%.   Car_man Host Smart Shopper / Prices Paid Forums
#9 of 272 2006 XLE LTD by juliaoff Sep 26, 2005 (6:53 am)
Hi Car Man. Do you happen to know what are the MF and residual for 2006 XLE LTD FWD in NY area? Can I get a lease for let's say 5k miles a year? ( I drive no more then 3k in the city) Or the lowest is just 12K miles? If yes, how it affects residual? Thank you for your time. Julia
#10 of 272 Re: 2006 XLE LTD by Car_man HOST Sep 29, 2005 (3:29 am)
Hi Julia. I have seen the lease program for the model that you are interested in and would be happy to help you out. Unfortunately, I do not believe that Toyota is currently providing any sort of lease support on the 2006 Sienna in its New York region right now. As a result, if you were to lease one through Toyota Financial Services at this time you would have to use its standard lease program. the last time that I saw TFS' buy rate standard lease money factor it was .00255 for consumers who qualify for its top credit tier and pay a security deposit. While some banks lease vehicles with 10,000 miles per year, I believe that TFS' lowest mileage allowance is 12,000 miles per. You may want to check with your dealer just to make certain that is the case though. If you were to lease a 2006 Toyota Sienna XLE LTD FWD through TFS for 3 years with 12,000 miles per, its residual value should be 57%.   Car_man Host Smart Shopper / Prices Paid Forums
#11 of 272 06 AWD XLE Limited by nycny Nov 08, 2005 (1:41 pm)
I'm looking to get an 06 AWD XLE Limited with package 2 (leather, DVD, and Navigation) in NJ. I'm amazed at some of the postings saying they got this for $36k+. The best price quote I got was $38,754 or roughly $500 above invoice. The dealer also gave me a quote for leasing this car for $525/month for 36 months/15k miles. Money factor was .00094 (2.3% interest). However, he asked for $3500 inception fees (out of pocket costs) which includes 1 month payment ($525), tax ($1400) and bank fees ($800). That leaves $775 down. Is the lease a good deal? Replies to this message: Car_man (Nov 17, 2005 3:25 am) nycny (Nov 17, 2005 8:47 pm)
#12 of 272 Re: 06 AWD XLE Limited [nycny] by Car_man HOST Nov 17, 2005 (3:25 am)
Replying to: nycny (Nov 08, 2005 1:41 pm) Hello nycny. $500 over invoice is a very reasonable price for a leased 2006 Toyota Sienna. The only way that I can see a consumer getting this truck for less than that is if they went with a 2005 model. If they did so, they could take advantage of the $1,000 customer cash that Toyota is providing on it in your area and might be able to get one for below invoice.   The lease money factor that you were quoted is pretty close to Toyota Financial Services' current buy rate money factor for this van, .00091. Given the reasonable selling price and the use of the correct money factor, I'd say that this is a pretty good deal for this model right now, though the lease payment is still fairly high.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: nycny (Nov 17, 2005 8:47 pm)
#13 of 272 Re: 06 AWD XLE Limited [Car_man] by nycny Nov 17, 2005 (8:47 pm)
Replying to: Car_man (Nov 17, 2005 3:25 am) Yes, for that high monthly payment, I rather be driving a luxury car. Oh well, what parents have to do for their kids, huh? I'm picking it up tomorrow. Thanks Car_man.
#14 of 272 2006 Limited lease by juliaoff Nov 19, 2005 (4:44 am)
Hello Car_man. I see that Toyota is advertising a special lease for Sienna LE. I've seen some people say that all other models have a special MF too. Can you please let us know what is the MF and residual for 2006 Sienna Limited FWD in NY city? Thank you for your time.

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