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Toyota Sequoia: Lease Questions

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

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

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#107 of 146 Below cost by ccap Jun 13, 2008 (10:52 am)
I got the vehicle 900 below cost and they also included gap insurance, and all weather mats. I used the leasing #'s from Toyota and did not get the 2k cash incentives becasue I was not a previous customer and I am using there MF numbers
#108 of 146 Re: Lease numbers [ccap] by jason973 Jun 16, 2008 (6:56 am)
Replying to: ccap (Jun 13, 2008 4:55 am) Where are you located? I am looking for a similar deal in NJ. Any suggestions?
#110 of 146 Lease payments? by jason973 Jun 16, 2008 (6:58 am)
Can some of you provide what your lease payments are along with what the retail price is and the negotiated price. I am looking for a Limited with Nav and DVD.
#111 of 146 Re: Recent Lease deals and financing numbers [ccap] by Car_man HOST Jun 17, 2008 (1:15 am)
Replying to: ccap (Jun 05, 2008 11:38 am) Hello ccap. I believe that in most regions Toyota Financial Services' buy rate lease money factor and residual value for a 36 month lease of a 2008 Sequoia SR5 4WD with 12,000 miles per year are .00016 and 57%, respectivelt for consumers who qualify for its Tier 1+ credit tier.   Keep in mind though that TFS places restrictions upon what options can be residualized. This makes it very difficult to calculate the actual dollar residual values for vehicles, so much so that Toyota provides dealers with lists of the residual values for the units that they have in inventory instead of having them calculate them on their own. As a result, it is difficult for consumers to estimate what lease payments should be on Toyota models.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#112 of 146 Re: Money Factor and Residual - 2008 Sequoia Limited [jmcdermott1] by Car_man HOST Jun 17, 2008 (1:22 am)
Replying to: jmcdermott1 (Jun 09, 2008 11:01 am) Hi jmcdermott1. It is definitely not in your best interest to enter into such a long lease. The main reason why it is not a good idea is Toyota's special lease money factor for the 2008 Sequoia is only available for leases up to 36 months in length. If you lease this truck for 60 months, the money factor that is used to calculate the interest portion of your lease payment will be well over ten times higher.   Also, a lot can happen over the course of five years to make you want to get out of your lease, yet doing so will likely be very expensive. Your commute could change causing you to go way over your mileage allowance, your lifestyle could change causing you to need a different type of vehicle, gas could go to $6 per gallon causing you to pay an arm and a leg to fill up your Sequoia, or you could just plain get sick of it. I always advise consumers to stick to 36 to 39 month leases if possible.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jmcdermott1 (Jun 18, 2008 8:02 am) Car_man (Jul 15, 2008 1:16 am)
#113 of 146 Re: Leasing Question [ccap] by Car_man HOST Jun 17, 2008 (1:27 am)
Replying to: ccap (Jun 09, 2008 4:55 pm) Hi ccap. It usually takes a couple of days for community members to get answers to their questions from either myself or other knowledgeable people. It pays to ask your questions ahead of time. In most regions, I do not believe the $2,000 customer cash incentive that Toyota is currently providing on the '08 Sequoia is compatible with its special lease program. However, Toyota is providing another $2,000 incentive to current Sequoia owners and lessees that might be available on leases.   The market for large SUVs is absolutely dead right now. If you are in an area that has a decent level of competition, I don't see why you wouldn't be able to get a Sequoia for right around dealer invoice minus any available cash incentives.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#114 of 146 Re: Money Factor and Residual - 2008 Sequoia Limited [Car_man] by jmcdermott1 Jun 18, 2008 (8:02 am)
Replying to: Car_man (Jun 17, 2008 1:22 am) Thanks CM Replies to this message: Car_man (Jul 15, 2008 1:16 am)
#115 of 146 Does anyone know.... by cottinger Jul 08, 2008 (3:41 pm)
Does anyone know what the current money factor and residual% is for a 2008 Sequoia Limited 2WD for 36/12K? Replies to this message: Car_man (Jul 15, 2008 1:26 am)
#116 of 146 Re: Money Factor and Residual - 2008 Sequoia Limited [jmcdermott1] by Car_man HOST Jul 15, 2008 (1:16 am)
Replying to: jmcdermott1 (Jun 18, 2008 8:02 am) You're very welcome, jmcdermott1.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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