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Toyota Sienna Lease Questions

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

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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#10 of 272
Re: 2006 XLE LTD by Car_man HOST
Sep 29, 2005 (3:29 am)
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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%.
 
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#11 of 272
06 AWD XLE Limited by nycny
Nov 08, 2005 (1:41 pm)
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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?
#12 of 272
Re: 06 AWD XLE Limited [nycny] by Car_man HOST
Nov 17, 2005 (3:25 am)
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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.
 
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#13 of 272
Re: 06 AWD XLE Limited [Car_man] by nycny
Nov 17, 2005 (8:47 pm)
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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)
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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.
#15 of 272
2006 Sienna LE Leasing Program by hpoohh
Nov 23, 2005 (10:38 pm)
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Dear Car_Man,
 
Can you help me get the base money factor and residual % for the 2006 Sienna LE 8passanger w/ Package #2 for 12k/yr 36month. I am in S. California
 
I think that toyota is currently running a promotion on this van but i cannot get much detail from their site. your help is much appreciated, thank you.
#16 of 272
06 XLE w package #6 by jumpjump
Nov 25, 2005 (4:31 pm)
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Hello Car man: Can you help me figure out what a great deal would be on an 06 XLE w/ Package #6? We live in Connecticut and would take a 12k/36 month lease. I went to Toyota.com to get an estimate but the figure I got - $566/month - was far higher than I was expecting. Help!
#17 of 272
Lease rate Texas by aggie1995
Nov 30, 2005 (12:32 pm)
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06 XLE w/ Package #6
 
12k/Year
 
48 month term
 
$0 Down / $0 Out of Pocket
 
Thanks in advance
#18 of 272
'06 LE AWD w/ pkg #2 by tnautel
Jan 23, 2006 (7:08 pm)
Reply
Hi Car_Man -
 
Can you tell me if you think this lease makes sense? The purchase price for the vehicle would be 28,653. We are trading in a 2000 Subaru Outback for $7500. However, we have chosen to roll the $1700 we still owe on the Subaru into the lease. For 36 mos and 12k the monthly payment is $229.
 
Thanks!
#19 of 272
'06 LE AWD w/pkg #2 by tnautel
Jan 24, 2006 (5:48 am)
Reply
I should add that the money factor is .00190 and the residual is 17784. Thanks!

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