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Toyota Tundra Lease Questions

221 messages,  Last post on Sep 02, 2008 at 8:08 PM

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

What is this discussion about? Toyota Tundra, Car Leasing, Truck


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#77 of 221
Re: Tundra Lease in South Fl [tori645] by quest67277
Jul 11, 2007 (5:09 pm)
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Replying to: tori645 (Jun 01, 2007 4:44 pm)

i would love to know the same thing. i am in the market for the same truck here in tampa bay florida. i am willing to travel to georgia and alabama if i have to to get a great deal. thanks in advance car man.
#78 of 221
Current Lease rates? by slojt
Aug 01, 2007 (10:19 am)
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Carman,
 
Do you have August (or July if you don't have August yet)money factor, residual value, etc for a 2007 Toyota Tundra Double Cab (Calif) for 36mo month lease with 12k & 15k miles per year?
 
Have they changed the purchase incentives as of Aug 1?
 
thanks,
John
#79 of 221
Re: Current Lease rates? [slojt] by Car_man HOST
Aug 07, 2007 (3:41 am)
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Replying to: slojt (Aug 01, 2007 10:19 am)

Hi John. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 Toyota Tundra Double Cab with 15,000 miles per year in its Los Angeles region are .00067 and 60%, respectively for consumers who qualify for its Tier 1+ credit tier. The residual value for an otherwise identical lease with 12,000 miles per year would be 2% higher.
 
I believe that Toyota lowered its Los Angeles region cash incentive on the 2007 Tundra Double Cab from $3,000 in July to $2,500 in August. this incentive is not compatible with the above special lease program anyhow.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#80 of 221
August lease programs by multiplechoice
Aug 08, 2007 (8:53 am)
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Hi Car_man, Is the money factor the same for the Tundra Crewmax Limited 5.7L, 2WD? I'm wondering if you can give the 24mo. and 36mo. rates. 15K/yr. I'm in southern california. Thanks for the info.
#81 of 221
August lease programs cont. by jericho88
Aug 14, 2007 (12:09 pm)
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Hey Car_man, i have about the same question as multiplechoice. Could you give me the money factor and residual on a Crewmax, Limited, 4X4, 5.7L with an MSRP of approx $43,000? I'm in the NE, MA to be specific.
Also, is there a difference in the numbers if looking at 15K or 12K mileage? if so, do you have those? Almost forgot. I assume the 3yr lease is still the way to go...?
 
thanks ahead of time...
J88
#82 of 221
Re: August lease programs cont. [jericho88] by jericho88
Aug 20, 2007 (7:07 am)
Reply

Replying to: jericho88 (Aug 14, 2007 12:09 pm)

Hey Car_Man & KYFDX,
As a follow up to my orignal question, i visited a dealer over the weekend and in the breakdown they are showing me a monthly rental fee. i've been to three dealerships now and they are the only one that is showing me this fee. i called one of the other delaers i had visited previously and asked them about this charge and they told me they donot charge a monthly rental fee. is this fee something the dealership is doing to add to their profit or is it ligitimate.
 
once again, i'm still getting conflicting information when it comes to the residual on these trucks, any help either of you can provide would be greatly appreciated.
 
thanks
J88
#83 of 221
2007 Toyota Tundra Double Cab Lease Program by sbarney7
Aug 30, 2007 (7:24 pm)
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I am getting ready to lease a 2007 Toyota Tundra Double Cab with a MSRP $35,816 (with additional options) the sale price is $33,288. in Rhode Island
 
The dealer is giving me $7500. for my 2000 Tundra trade-in
bringing the financed amount to $25,788.
 
The payment the dealer is quoting me (Tier 1+ financing)
a monthly lease payment of $375. for 36 months and 15k miles. What is the rate for Tier 1+ financing?
 
What is the new "special financing" incentive for leasing the Tundra prior to Sept 4th?
 
How do you figure the residual percentage?
#84 of 221
Re: 2007 Toyota Tundra Double Cab Lease Program [sbarney7] by sebring95
Aug 31, 2007 (5:35 am)
Reply

Replying to: sbarney7 (Aug 30, 2007 7:24 pm)

I dunno, but you're getting ripped off on that deal. You shouldn't be asking these questions here, they should be telling you what they used to come up with those numbers. Residual should be somewhere in the $19,000 range. Never put anything down on a lease, that's my recommendation. Sell your truck outright or have them cut you a check for the $7500 and put that in your pocket.
 
As for the purchase price, that seems quite high too. Invoice on a $35,000 Tundra should be around $32,000 plus there is a $3,000 rebate in your area. So a good deal would be $29,000. Sounds like they're giving you the rebate plus $500 off sticker. Big deal. It's a buyers market on trucks, don't get taken.
#85 of 221
tundra leasing ? by hoogy
Sep 12, 2007 (4:39 am)
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Son went to toyota dealer yesterday he said he could get him into a tundra lease between 300 - 400 per month. With no down payment and not to worry about mileage. I think that there is a catch somewhere. has any one else heard of this.
Thanks Hoogy
#86 of 221
Re: tundra leasing ? [hoogy] by sebring95
Sep 13, 2007 (8:05 am)
Reply

Replying to: hoogy (Sep 12, 2007 4:39 am)

Sure it's possible. Now, how good of a deal he really gets depends on the model/term/etc. He needs to see straight numbers, not just chit-chat. What's the purchase price, residual, money factor, etc. If he's just shopping payment it's pretty easy to get screwed over.

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