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Toyota RAV4: Lease Questions

292 messages, Last post on Dec 08, 2009 at 4:49 AM
You are in the Toyota RAV4 Forum. Your Hosts are steve_ & tidester
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Replying to: nhbanker (Feb 27, 2009 6:29 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: dima1 (Mar 17, 2009 5:40 am) When looking at these residual values, keep in mind that TFS only publishes residual percentages for vehicles' base MSRPs. It places limits upon what options can be residualized. This policy, which is different from most other banks, makes TFS' effective residuals lower than its published percentages and it makes it difficult for consumers to calculate the lease payments for specific vehicles on their own. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: verystingy (Mar 17, 2009 5:16 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Just signed the paperwork, will be picking up this saturday. 2009 Rav 4 Sport, 4cyl, 4wd, auto Options, QX, FE, CF (Extra value package 1, emission(free), and carpet floor mats) Sale Price 23,500 Residual 15,706 money Factor 0.0009 Term: 3 year 12K miles/year $789 total out of pocket (first month payment,doc fees, dmv fees, gap insurance, etc) $650 bank fee rolled into lease 7% NJ Sales tax rolled into lease Monthly Paymen $291 Hope that helps. This was from a NJ dealer. The first dealer I tried working with, which I bought a car from 6 months ago wouldn't go less than 1000 above invoice. His claim was that inventory was low in NJ. As soon as I contacted other dealers, they were already starting at just $200 above invoice. Looks like final deal came in about $300 below invoice. |
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Replying to: jnkoh (Mar 20, 2009 6:28 am) Heres the deal: 2009 RAV4 Limited V6 4WD in Blizzard Pearl Includes: BC,PC,QY,TO,DK,CF, FE MSRP: 30,969 Term: 3 years & 15K/year $1,500 at signing and $394 per month total. I am so happy with the deal. I probably could have shaved a few bucks more off (but it was $2,600 less than my first quote) |
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Replying to: jnkoh (Mar 20, 2009 6:28 am) What dealer did you end up with in NJ? |
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Replying to: jnkoh (Mar 20, 2009 6:28 am) |
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LTD with Extra Value package.,VIPRS3200 and mats.. I have 2k in equity in my trade. should bring lease price down to $23615.00 Money rate should be .25 less than .00090 since this is a encore deal. Cap cost $23615.00 mf 0.0090 minus the.25 for encore client tax rate 7.75% 3yr 36k lease quote payment of $314.47 residual of 59% My main concern is the payment tally for the term of the lease added to the residual does not match the capitalization figure.. Any accurate response would be welcome |
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Replying to: Car_man (Mar 20, 2009 3:11 am)
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Can anyone tell me if this is a good deal? MSRP $23,964 Cap Cost $23,202 Residual Value $14,527 Money Factor 0.00087 Term 36 mths State Sales Tax 9.00% Term Depreciation 8,675 Monthly Lease Rate 32.82 Monthly Depreciation $240.97 Payment after tax $282. This is for a 2009 RAV4 Base with auto, 4wd and extra value package of $319.99 Out of pocket is: $674.89 Calculated as follows: 650 (acq fee) + $298,44 (1st mth) + $226.45 (tag fee) Dealer gave me another discount of $500.00
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