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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
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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%. Car_man Host Smart Shopper / Prices Paid Forums |
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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?
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Replying to: nycny (Nov 08, 2005 1:41 pm) 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
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Replying to: Car_man (Nov 17, 2005 3:25 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. | |
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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. |
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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! | |
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06 XLE w/ Package #6 12k/Year 48 month term $0 Down / $0 Out of Pocket Thanks in advance |
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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!
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I should add that the money factor is .00190 and the residual is 17784. Thanks! |
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