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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

What is this discussion about? Toyota RAV4, Car Leasing, SUV


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#224 of 292
Re: Rav4 Limited 4 cyl factor? [nhbanker] by Car_man HOST
Mar 20, 2009 (3:03 am)
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Replying to: nhbanker (Feb 27, 2009 6:29 am)

Hi nhbanker. Toyota's lease program for the RAV varies by region. I would be happy to try to give you an idea of what its current program is like if you tell me what state you are in.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#225 of 292
Re: Rav4 Base with 3rd row seating [dima1] by Car_man HOST
Mar 20, 2009 (3:07 am)
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Replying to: dima1 (Mar 17, 2009 5:40 am)

Hi dima1. Here's the information that you are looking for. Toyota Financial Services' current New York region buy rate lease money factor and residual value for a 36 month lease of a base 2009 RAV4 4WD with 15,000 miles per year are .00090 and 61%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier. The money factor for a Limited 4WD is the same, but its residual value is only 59%.
 
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
#226 of 292
Re: March lease rates [verystingy] by Car_man HOST
Mar 20, 2009 (3:11 am)
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Replying to: verystingy (Mar 17, 2009 5:16 pm)

Hi verystingy. Toyota's lease program for the RAV4 varies significantly by region. I would be happy to give you an idea of what it is like in your neck of the woods right now if you tell me what state you are in.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#227 of 292
My final deal by jnkoh
Mar 20, 2009 (6:28 am)
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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.
#228 of 292
Re: My final deal [jnkoh] by verystingy
Mar 20, 2009 (2:00 pm)
Reply

Replying to: jnkoh (Mar 20, 2009 6:28 am)

Congrats to you!! Picking up mine as well tomorrow (in South Jersey).
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) . Good luck to you and enjoy your RAV!
#229 of 292
Re: My final deal [jnkoh] by dima1
Mar 20, 2009 (6:39 pm)
Reply

Replying to: jnkoh (Mar 20, 2009 6:28 am)

jnkoh,
 
What dealer did you end up with in NJ?
#230 of 292
Re: My final deal [jnkoh] by vcguy
Mar 20, 2009 (7:23 pm)
Reply

Replying to: jnkoh (Mar 20, 2009 6:28 am)

Can you please us the name and location of the dealer . I am looking for a similar deal.
#231 of 292
Lease deal in Calif ? by winecounrty
Mar 23, 2009 (3:43 pm)
Reply
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
#232 of 292
Re: March lease rates [Car_man] by gsemike
Mar 24, 2009 (10:15 am)
Reply

Replying to: Car_man (Mar 20, 2009 3:11 am)

Car Man, can you tell me what to expect for a 4 cyl base model on Long Island with good credit?
#233 of 292
RAV4 Lease Deal by asa114
Mar 29, 2009 (5:24 am)
Reply
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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