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Toyota Avalon: Lease Questions

35 messages,  Last post on Dec 11, 2008 at 4:02 AM

You are in the Toyota Avalon Forum. Your Hosts are pat & karens

What is this discussion about? Toyota Avalon, Car Leasing, Sedan


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#30 of 35
Re: Avalon [alexnyc8888] by Car_man HOST
Aug 13, 2008 (3:01 am)
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Replying to: alexnyc8888 (Jul 17, 2008 9:29 am)

Hi alexnyc8888. I don't believe that Toyota is currently providing lease support on the Avalon. If that is indeed the case and you were to lease one through Toyota Financial Services, you would have to use its standard lease money factor, which the last time that I checked was around .00265 for consumers who qualify for its Tier 1+ credit tier.
 
TFS' current residual value for a 36 month lease of an '08 Avalon with 12,000 miles per year is 55%. Keep in mind though that unlike most banks TFS places restrictions upon what options can be residualized, making it difficult to calculate what its actual dollar residual values for specific units are.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#31 of 35
2008 Avalon XLS lease by jamesewells
Aug 19, 2008 (5:01 am)
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Is it just me or does the current Avalon XLS lease offering of $409 per month, 12000/yr/36 months seem high? Oh, and it's a 2008 with $2499 cap reduction. my location is the Florida panhandle. Thanks.
#32 of 35
Re: Toyota Avalon: Lease Questions [kyfdx] by andyking18
Nov 24, 2008 (3:44 pm)
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Replying to: kyfdx (Mar 13, 2006 3:57 am)

Hi kyfdx, car_man and everybody else,
 
I am looking to lease a '09 Avalon Limited in NY.
The MSRP for the model is $35,185.
I would like a 36 month lease.
I need 10K miles per year.
I do not want to put down any money.
 
What aproximately will my monthly payments look like?
 
Thank you in advance!
Andy
#33 of 35
Avalon Lease by toyoman8
Dec 05, 2008 (6:22 am)
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12/5/08
 
What are the incenetives for a Avalon? Looking to lease for 36x12k
#34 of 35
Re: Toyota Avalon: Lease Questions [andyking18] by Car_man HOST
Dec 11, 2008 (4:00 am)
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Replying to: andyking18 (Nov 24, 2008 3:44 pm)

Hi Andy. Unfortunately, Toyota is not currently providing any lease support on the 2009 Avalon in your area. As a result, if you want to lease one through Toyota Financial Services right now, you will have to use its standard lease program. TFS' current buy rate standard lease money factor is .00295 for consumers who qualify for its "Tier 1+" credit tier. That's equivalent to an interest rate of around 7%.
 
TFS' current 36 month, 12,000 mile per year residual value for an '09 Avalon is 53%. The problem with this resid is that unlike most banks, TFS places restrictions upon what options can be residualized. It is so complicated to calculate vehicles' dollar residual values that it actually provides dealers with lists of the actual dollar residual values for the units that they have in inventory rather than having them calculate them on their own. That leaves little hope for consumers to work up accurate lease payments by themselves.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#35 of 35
Re: Avalon Lease [toyoman8] by Car_man HOST
Dec 11, 2008 (4:02 am)
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Replying to: toyoman8 (Dec 05, 2008 6:22 am)

Hi toyoman8. Are you interested in a 2008 or a 2009 Avalon? Toyota is not currently providing any incentives on the '09 model, but it does have support on the '08 model in certain areas. Toyota's incentives vary depending upon which one of its twelve regions one is in. If you tell me what state you are in, I can give you an idea of what the incentives on the '08 model are in your neck of the woods right now.
 
Please see my previous post for an idea of what the '09 Avalon's lease program is currently like.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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