Last post on Nov 24, 2013 at 5:25 AM
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Toyota RAV4, Car Leasing, SUV
#496 of 549 RAV4 Lease Question
Jul 31, 2011 (4:05 pm)
Hi: Can anyone tell me the current money factor and residual value percentage being used for leasing a RAV4?
#497 of 549 Re: 2011 Base Model Rav- 4 Lease [fire3]
Aug 13, 2011 (10:35 pm)
It's almost always better to stick with your own insurance for gap coverage. Mine is $2/month with Amica.
#498 of 549 RAV4 Lease question
Sep 26, 2011 (4:16 am)
I am getting the followig from a local dealership in MA. Just looking to see if these numbers look good. Trading in my wife's Mazda MPV LX 2003 with 53,000 miles on it. This is for the RAV with 3rd row.
Term is 36 months
Money Factor 0.00065
Selling Price is $22,257.00
Sales tax on lease is $483.84
Trade allowance is $3,000.00
Base Monthly Payment $215.10
Here are the details on the RAV
Vehicle Base Model ..........................:$ 22475.00 $ 22475.00
50 State Emissions .........................
Value Package (Savings of up to $540): ..... 150.00
includes 17-in. 5-Spoke Styled Steel .......
Wheels with P225/65R17 Tires and Full-Size .
Spare Tire on 17-in. Steel Wheel, Daytime ..
Running Lights (DRL), Roof Rack and ........
Privacy Glass (Rear Side, Quarter and Rear .
Door Windows) ..............................
Fabric-Trimmed 50/50 Split & Stow 3rd Row .. 940.00
Seat with Fold-Flat-Into-Floor Capability ..
and Height-Adjustable Headrests (Hill .....
Start Assist Control and Downhill Assist ...
Control included with 3rd Row Seats) .......
(Replaces 2nd Row Seat One-Touch Fold-Flat .
Levers and Rear Deck Cargo Foldable Deck ...
Total Accessories ...........................: $ 1090.00 $ 1090.00
Destination Charge ..........................: $ 810.00
Total .......................................: $ 24375.00
#499 of 549 Is this a decent deal?
Oct 05, 2011 (8:24 pm)
First off, I love the suv and the features and color, but I am wondering if the deal is good enough and whether it is a better idea to lease or buy. We are trying to lease or purchase a base model 2011 Rav 4 with some upgrades like bumper strips on the doors and tinted rear view and privacy glass...none of the other pricey extras. They are quoting us :
MSRP 24, 537.00
- 400.00 (savings)
+ 2, 076.00 taxes (8.6%) LA
+ 250.00 (registration, title,etc.)
that with 60 mos. loan 2.99, $1000 college incentive and $2500 down, equals...
$409.89 a month for 5 years , with toyota care package for two years,3-5 year warranty, etc.
OR we could do a 36 mo. lease for $275 a month (including the money down and college incentive) and have the two years free oil changes care package, 3 yr. warranty, etc.
Do either of these sound like good deals? Also, they told us that they are only making $700 on the car at this price, and they can't quote lower because since it is almost a base model there is not much markup in the car. Does that sound truthful?
Thanks for your help!
#500 of 549 Re: Is this a decent deal? [eveangel7]
Oct 06, 2011 (9:00 am)
You need to share additional details about which base model you are looking at. Is it a 4 cyl all wheel drive model or 6 cylinder front wheel drive? What is the money factor and residual? $275 is too high if you are talking a base model and putting $2500 down. It should be closer to $175 or less.
I was able to get my 4 cyl Rav4 Sport all wheel drive down to about $24500 and my lease payment is only $270 a month wiht nothing down other than first month payment. $275 is too high if you are talking a base model and putting $2500 down.
#501 of 549 Dec Money Factors and Residual
Dec 19, 2011 (10:54 am)
What is MF and residual in Dec. for RAV4 Limited, 6 cylinder, 10,000 miles? Thanks.
#503 of 549 Rav 4 Lease Rates
Jan 09, 2012 (8:32 am)
Can you please help me with money factor and residual on the 11 Rav 4 base and sport models in zip 07052?
#504 of 549 Re: Rav 4 Lease Rates [nlm2898]
Jan 22, 2012 (11:24 am)
Hi Nicole. According to hand, dandy Google the zip code 07052 is for New Jersey. That falls in Toyota's New York region. Toyota's current New York region buy rate lease money factor and residual value for a 36-month lease of a base 2011 RAV4 4WD with 15,000 miles per year are an amazingly low .00001 and 60%, respectively for consumers who qualify for its top credit tier.
The numbers for the 2011 Sport 4WD model would be .00001 and 58%.
These residual values aren't as great as they initially appear though. Unlike most banks, TFS publishes residual value percentages only for base models. It places restrictions upon the options that can be residualized. Doing so makes its effective residual values lower than its published percentages initially appear and makes it difficult for individual consumers to work up lease payments on their own.
Prices Paid: Buying & Leasing Experiences Forum
Jan 28, 2012 (7:38 pm)
I am looking for a Lease on either the 2011 or 2012 RAV4 and visited a dealer in the NY area. He stated that Toyota does not offer a 3rd row in a limited edition with Leather and that I would have to buy a base model and have the dealer install the leather seats. Here is what I am being offered -
4 WD Base Model 4 cylinder RAV4 with 3rd Row option
Dealer installed Leather Seats
Cap Cost: $26000
Money Factor: 0.00001
Residual Value: $15,411
Term: 36 Months
$332 per month for 15k miles per year
$319 for 12k miles per year.
Even though this would be considered a 0 down deal, the dealer stated that I would have to pay the bank fee ($650 plus tax, so $695), NJ taxes for lease period ($836), first month's payment and the NJ registration fee, so I guess I would be putting down around $2000.
The dealer told me that the invoice for the base model itself was $24k and with the 3rd row option it was more. The leather installation was another $2k and that they were making pretty much no money for this sale. I wasn't sure if that was accurate and wanted an opinion from an expert before finalizing anything. I was tempted to ask him to include the integrated bluetooth feature and offer the 2012 model instead for the above numbers.
I qualify for the top credit tier.
Please let me know what your suggestion on whether this is a good price or not.
Thanks for your help.