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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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#140 of 146
Sequoia Lease by maf1
Jul 02, 2009 (9:52 am)
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Car Man, have the leases for Sequoias improved for June? Do you know the RF and MF and if there is any support for the dealers? Thank you
#141 of 146
Re: Sequoia Lease [maf1] by Car_man HOST
Aug 14, 2009 (1:57 am)
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Replying to: maf1 (Jul 02, 2009 9:52 am)

Hi maf1. Unfortunately, Toyota still is not providing lease support on the 2010 Sequoia. As a result, if you were to lease one through Toyota Financial Services right now, you would have to use its standard lease program. TFS' current buy rate lease money factor is .00265 for consumers who qualify for its top aka "Tier 1+" credit tier and pay a security deposit at lease signing.
 
this truck's residual values vary by trim level. If you describe the exact Sequoia that you are interested in, I would be happy to give you its current resid.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#142 of 146
2010 Sequoia lease by edpliutx
Oct 17, 2009 (7:34 pm)
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Car_man,
 
I am looking at leasing a base model 2010 Sequoia SR5 4x4 and was wondering how the residuals are as compared to past years. I was hoping that residuals were decent enough to allow me to lease this vehicle -- otherwise I'm gonna have to look at the...yawn....Sienna. Is Toyota throwing anything behind these vehicles either via boosted residuals or subsidized money factors?
 
Thanks!
#143 of 146
Leasing vs buying - Car_man by jac1304
Oct 17, 2009 (8:30 pm)
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Seems like all the Sequoia's are sitting on lots around here. Any idea on thought if incentives are coming down the road in near future. Can't be a huge market for these with the price and no incentives. Thanks
#144 of 146
Sequoia lease by cjo2009
Nov 02, 2009 (8:07 am)
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Hi, My 2006 Sequoia is coming off lease in December. I love this car and can buy it for $23K. I am not sure if that is a good deal or not. I was quoted around $850/mo to lease a new one. What are other good leasing alternatives for an SUV this size? I don't want to go over $500/mo.
#145 of 146
Re: 2010 Sequoia lease [edpliutx] by Car_man HOST
Nov 03, 2009 (4:06 am)
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Replying to: edpliutx (Oct 17, 2009 7:34 pm)

Hello edpliutx. Toyota's residual values are definitely much worse today than they were several years ago. Back then, most automakers were significantly overestimating the residual values for trucks, causing them to realize millions of dollars in losses when these vehicles came back off-lease.
 
Toyota is not currently providing any lease support on the Sequoia. As a result, if you were to lease any 2010 Tree through Toyota Financial Services right now, you would have to use its standard lease money factor, which the last time I checked was .00265 for consumers who qualify for its top aka "Tier 1+" credit tier.
 
TFS' current 36 month, 15,000 mile per year residual value for the 2010 Sequoia SR5 4WD is 50%.
 
The problem is that Toyota's published residual values are for base vehicles. It places restrictions upon what options can be residualized that make it difficult to calculate the actual dollar residual values for specific units, so much so that it provides dealers with a list of the actual dollar residuals for the units that they have in stock.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#146 of 146
Platinum Sequoia by bjordan1
Nov 09, 2009 (6:13 am)
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Can anyone provide a lease payment estimate on the Platinum Sequoia? 3 yrs 12k/yr.

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