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Toyota Sequoia: Lease Questions

146 messages,  Last post on Nov 09, 2009 at 6:13 AM

You are in the Toyota Sequoia Forum. Your Hosts are steve_ & tidester

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


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#1 of 146
Toyota Sequoia: Lease Questions by Car_man HOST
Aug 31, 2005 (4:26 pm)
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Toyota Sequoia. Thanks.
 
Car_man
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#2 of 146
Re: Toyota Sequoia: Lease Questions [Car_man] by kraftj
Nov 12, 2005 (1:24 pm)
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Replying to: Car_man (Aug 31, 2005 4:26 pm)

I was looking at a Honda Pilot and found the leasing thread for that car very helpfull so I hope that this one takes off. For anyone currently looking at the Sequoia this is what I was recently offered on leasing, it is a incentive program running through 12/05/05 and is for CBR>730.
Acquistion Fee $400.00
Doc Fee $250.00
Title $150.00
License $39.50
Money Factor .00064 which is 1.536%
Residual 62% of MSRP for 36 month /15000 year
One thing of on the residual, not all options are included in the residual but the packages are.
 
Hope this helps someone, and gets more people to give a little feedback.
 
Good Thread Car_man
#3 of 146
Re: Toyota Sequoia: Lease Questions [kraftj] by Car_man HOST
Nov 17, 2005 (3:03 am)
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Replying to: kraftj (Nov 12, 2005 1:24 pm)

Thanks for taking the time to stop by and share the details of the lease that you were offered with everyone, kraftj.
 
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#4 of 146
Re: Toyota Sequoia: Lease Questions [kraftj] by dave85
Nov 20, 2005 (8:15 pm)
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Replying to: kraftj (Nov 12, 2005 1:24 pm)

I am searching for an '06 Sequoia SR5, with a few options the MSRP is $41,560, with an inv of $37,090. When I do the math on $37,090 (which is what the dealer said he'd sell it to me for), I get $363/mo including 5% sales tax.
But the dealer runs the numbers and comes up with $449/mo for 36 months.
 
All I'd like to put down up front is $500 towards the fees you mentioned.
 
Whose numbers are closer to the real thing? I'd be willing to lease an SR5 with a $37K invoice for $410/mo, am I being unrealistic?
#5 of 146
Re: Toyota Sequoia: Lease Questions [dave85] by kraftj
Nov 21, 2005 (3:36 pm)
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Replying to: dave85 (Nov 20, 2005 8:15 pm)

Dave,
 
With the same fees that I was charged, ($839.00) you will be raising you net cap since the lease usually requires a payment in advance, plus maybe a security deposit depending on your credit score which will eat up almost all of your $500. So lets say you are buying the truck for $37,090 on the low lease here is how it would have to break down to get to a payment of $390.00 without tax.
 
LCPP $37090
Fees $840
Total $37,930
 
Money Factor .00064
Desired Payment $390
 
Residual required to get to that payment $25,340
 
Have the dealership tell you what the residual is and we can work off of that, also remember I have been told that the current cash rebate is in lieu of the low lease charge so make sure you are not taking this and the low money factor. Also the dealer may be including GAP insurance in his number.
#6 of 146
Re: Toyota Sequoia: Lease Questions [kraftj] by dave85
Nov 21, 2005 (7:36 pm)
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Replying to: kraftj (Nov 21, 2005 3:36 pm)

I believe the residual the dealer showed me was $24,200, which is closer to a 58% residual than the 62% you mentioned in another post. How much of a charge does the GAP insurance come to each month? Thanks.
#7 of 146
Re: Toyota Sequoia: Lease Questions [dave85] by kraftj
Nov 22, 2005 (8:03 pm)
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Replying to: dave85 (Nov 21, 2005 7:36 pm)

At a lease price of $37,930 and a residual of $24,200 with a money factor of .00064 your payment would be $420.95 plus tax or $442 with 5% tax.
#8 of 146
2006 Sequoia Lease by dad23
Jan 06, 2006 (12:51 pm)
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I was wondering what the current residuals and money factors are for a 36 month/12K mile lease in Colorado on an SR5 4WD. Is there some place we can go to find them ourselves? Thanks in advance!
#9 of 146
Re: 2006 Sequoia Lease [dad23] by Car_man HOST
Jan 16, 2006 (3:42 am)
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Replying to: dad23 (Jan 06, 2006 12:51 pm)

Greetings dad23. I haven't seen Toyota's specific lease program for your area, but in most of the country Toyota Financial Services current buy rate lease money factor and residual value for a 36 month, 12,000 mile per year lease of a 2006 Sequoia SR5 4WD should be .00100 and 63%, respectively.
 
Car_man
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#10 of 146
finding a Sequoia Lease by soccerdad2
Feb 12, 2006 (7:41 am)
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I am in the market for a new Lease and i cannot seem to find a dealer who wants to deal with me on a Sequoia Lease. My company insists on qualifying at 36 months, 15,000 miles and zero down (except first month and tag). The latest incentive from Toyota provides for a 39 month lease. Can i get them to work the deal on 36 months? The best I have been able to get so far is a dealer who is willing to pay the last three months.... But obviously he is rolling the cost into the lease! I am also having difficulty getting disclosure on the deal! I can get the sales price and residual, but it is hard getting full disclosure... any suggestions? The last dealer I tried working with got me so mad with the salesman bouncing back an forth between the "manager" only to bring back different information than I was asking for, that I finally ended up demanding to see the manager direct or else I was walking out. Got so much song and dance from the salesman, I walked! He has called four times since and I refuse to answer the phone!

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