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Toyota Avalon: Lease Questions

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

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

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#34 of 35 Re: Toyota Avalon: Lease Questions [andyking18] by Car_man HOST Dec 11, 2008 (4:00 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#35 of 35 Re: Avalon Lease [toyoman8] by Car_man HOST Dec 11, 2008 (4:02 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum

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