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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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#77 of 146 Question for Carman by baseballmom97 Jul 23, 2007 (6:35 am)
Hi Carman, just wondering if you could answer this question:  I have an '04 Toyota Sequoia -- the lease on this SUV ends in Dec. 2007. I'm looking at a GMC Acadia or Honda Pilot, however, I want to wait to see the redesigned Pilot which may come out in '08 as an '09 model.    My question is: Should I extend my Sequoia lease for a year(and probably have to replace tires, perform service etc.) or should I lease a replacement vehicle for the shortest term possible in order to buy me time to look at the Pilot? Is it possible to lease for 1 year or 18 months? Thanks! Replies to this message: Car_man (Aug 07, 2007 2:21 am)
#78 of 146 Re: Question for Carman [baseballmom97] by Car_man HOST Aug 07, 2007 (2:21 am)
Replying to: baseballmom97 (Jul 23, 2007 6:35 am) Hi baseballmom97. It really isn't possible to lease a vehicle for 12 to 18 months. A few banks might allow this short a lease, but it would be prohibitively expensive. The shortest relatively attractive term that most banks offer on leases is 24 months. Even then, 24 month leases are usually more expensive than 36 month leases. This is usually the case because new vehicles experience their most rapid depreciation during the first year of ownership. A 36 month lease has 12 more payments to spread out this large initial depreciation hit out over than a 24 month lease does.   If you want to go with a short lease of a new vehicle, you probably are going to have to go with a 2 year lease. If you feel as though that is too long a time then your best bet is probably to extend your current lease for a little while.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#79 of 146 2008 Sequoia Leases by wmsc998 Feb 09, 2008 (9:07 pm)
Can someone give me an idea of the lease money factor for a 2008 Sequoia Platinum in the Kansas City area? How well are the dealers negotiating off of MSRP?
#80 of 146 Money factor by jpod Feb 19, 2008 (8:43 pm)
Any idea of what leases are running for 2008 Sequoia's?
#81 of 146 2008 Sequoia, need a truck this weekend - MILWAUKEE by fabera Feb 25, 2008 (4:58 pm)
Hi Carman, Just got 2 quotes on an '08 sequoia limited 4x4, they were both roughly the same at $47,600 (Sticker for around 52k and change). I then asked for a 12k mile 36 mo lease from both dealers. The one dealer got back and advised $1600 due at signing, and $736 a mo plus tax!!!!   I almost dropped my phone, I was completely shocked. I knew their not pushing them like 4runners, and lease rates would be as attractive, but thats $16 per thousand, when the 4runner is $10 per thousand. This doesnt even seem reasonable. I was prepared to shell out mid 500's, but $736 for a toyota??   Im in a catch-22 as my current lease on my 4runner is up in a month, but Im at mileage limit so need to act quickley, hopefully this weeknd. Im a tier 1+ returning lesee.   Does this seem accurate, what are MF and residuals % for this month? Replies to this message: web2323 (Feb 27, 2008 5:55 pm) fabera (Feb 29, 2008 11:02 pm)
#82 of 146 Re: 2008 Sequoia, need a truck this weekend - MILWAUKEE [fabera] by web2323 Feb 27, 2008 (5:55 pm)
Replying to: fabera (Feb 25, 2008 4:58 pm) I am in Cleveland looking for a Sequoia. I tried the Costco Autoprogram and got some pretty good initial pricing. Costco's deal with Toyota is you get the vehicle at Invoice.   I was looking at a SR5 MSRP $40,445 Sales price $35,608 Money Factor .00245 Residual $22,815 45,000 3 year lease $529 a month   Here is what another dealer emailed me, looks like some decent holdbacks. I can email this if anyone is interested for better reading:   18186 VEHICLE INQUIRY REPORT DATE: 02/27/08DCV920 TIME: 15:59 Model Number: 7919A SERIAL # :8S006580 Check Code: 6 Model Description: 4-DOOR SR5 4X4 Category ..........: G Year ............: 2008 Current Dealer ....: 220-34121 Interior Color ..: FB44 FB44 Wholesale Dealer ..: 34121 Exterior Color ..: 03Q7 RED Previous Dealer ...: 00220 Body ............: 4-DOOR SR5 4X4 SUV Invoice Date ......: 01/24/08 Number of Cyl ...: 8 Ship Date .........: 01/25/08 Allocation Number: 122 Retail Date .......: Engine Number ...: 5203748 Date of First Use .: Vessel Number ...: 704 TRAC ..............: NO Vessel Name .....: TMMI PRINCETON Damage ............: NO DAMAGE PDI ...............: YES Fleet .............: NON-FLEET Port PDS Complete .: NO VIN .............: 5TDBY64A68S006580 Ignition Key.....: 68784 Factory Installed Accessories: FE DJ DR CK LF PE RB RF RL TO Port Installed Accessories ..: CF DK Retail Dealer Vehicle Base Model ....................: $ 38500.00 $ 33110.00 Total Accessories .....................: $ 2630.00 $ 2053.00 MECHANICAL AND PERFORMANCE5.7-liter,i-Force DOHC V8 EFI Dual VVT-i381 HP/401 lb.ft./6-Speed ECT Auto TiansCoil-Spring Indep Dble-Wishbone Fr SuspCoil-Spring Indep Dble-Wishbone Rr SuspP275/65R18 Tires on Alloy WheelsAuto Tri-Zone CFC-Free Air Conditioning4-Wheel Drive w/ Locking Center DiffSAFETYSTAR SAFETY SYSTEM-Includes:A-TRACTraction Control Plus Vehicle SkidControl (VSC), Auto Limited SlipDifferential, Four-Wheel Anti-LockBrake System w/Brake Assist &Electronic Brake-Force DistributionDr/Fr Passenger Advanced Airbags withOccupant Class Sensor,Dr & Fr PassengerSeat-Mounted Side Airbags,& Fr, 2nd &3rd Row Roll-Sensing Side CurtainAirbags w/Roll-Sensing Cutoff SwitchChild-Protector and Door LocksCRS Top Tether Anchors and ISOFIX LowerSeat Anchors in 2nd/3rd Row SeatingPositionsEXTERIORColor-Keyed Power Remote-ControlledOutside Mirrors, Door Handles, BumpersMulti-Reflector Halogen Headlamps withAuto-Off FeaturePrivacy glass on rear quarter andTailgate Windows,and Rear SideCOMFORT AND CONVENIENCEPower Windows (w/One-Touch Up/Downw/Jam Control on Front) and Door LocksPower Rr Window w/ Electric Defoggerand Intermittent Wiper/Cruise ControlFabric-Trimmed 8-Way Manual-AdjustedDriver Seat and 4-Way Manual AdjustedPass Seat w/Adjustable Headrests SoilRelease Fabric Protector/Fabric-Trimmed40/20/40 Split Fold-Flat/Recline 2nd RowAM/FM/Single-CD Audio System w/8-Spkrs Retail Dealer TotalVehicle Base Model ..........................:$ 38500.00 $ 33110.00 $ 38500.0050 State Emissions .........................Deluxe AM/FM/Six-CD Changer with 8 ......... 200.00 150.00Speakers ...................................Roof Rack .................................. 220.00 176.00Cold Kit Includes: Windshield Wiper ........ 230.00 184.00Deicer, Headlamp Cleaner and Heavy Duty ....Battery ....................................Fog Lamps .................................. 110.00 88.00Power Driver Fabric Seat ................... 395.00 316.00with 8-Way Driver''s Seat Adjustment ........Running Boards ............................. 385.00 308.00Rear Spoiler ............................... 100.00 80.00Daytime Running Lights (DRL) with On/Off ... 40.00 32.00Feature ....................................Tow Prep Package Plus Tow Hitch ............ 660.00 528.00(SR5 ONLY) .................................Carpeted Floor Mats/Door Sill Protector .... 290.00 185.00Preferred Owner''s Portfolio ................ 6.00 --------- --------- ---------Total Accessories ...........................: $ 2630.00 $ 2053.00 $ 2630.00Destination Charge ..........................: $ 685.00 $ 685.00TDA .........................................: $ 745.00Gasoline ....................................: $ 10.00Dealer Holdback .............................: $ 770.00Whsl. Financial Reserve .....................: $ 385.00 --------- ---------Total .......................................: $ 37758.00 $ 41815.00 Residual Value ...: 24 36 48 60 ------- ------- ------- ------- STD 25,575 23,265 19,675 16,595 LOW 24,035 20,445 17,365 Replies to this message: fabera (Feb 29, 2008 11:02 pm)
#83 of 146 Re: 2008 Sequoia, need a truck this weekend - MILWAUKEE [web2323] by fabera Feb 29, 2008 (11:02 pm)
Replying to: web2323 (Feb 27, 2008 5:55 pm) Wow, thanks web2323 that is a pretty good % off msrp. Whats hard to figure out is why these larger SUV's are so much more that any other vehicle to lease, including luxury models. Im used to $10-$12 per thousand for the value of the vehicle that equates to the lease payment, these larger SUV's seem to be closer to a purchase rate of about $16 per thousand?
#84 of 146 What exactly should I ask salesperson? by mig42 Apr 01, 2008 (5:34 pm)
I'm just looking for some advice... I filled out a TMV price report for the SR5 08 Sequoia 4dr (4.7L 8cyl 5A) with the NAV & RES options and it says   Total MRSP incl options came out at $39, 905 with an Invoice of $35,123   I also filled out a form to get free quotes from local dealerships & since then I have 7 or 8 vmails for me to call them back. I was hoping they would email me the quotes. Guess I was being naiive   Anyway, before I calll them back I need your advice as to what exact questions I should ask? I assume their Invoice price will be slightly different to the above one? Do i ask them out straight how much they can take off their invoice price or how does it usually go? I've been reading all the tips/advice on leasing but I'm just a bit unsure of what to ask & what NOT to leave out.   Appreciate your help.   Also, maybe anyone in NJ can give me an idea of any good deals/dealerships to go to near the 07040 area? I'm looking for a 36month lease with 12000 miles & not too much down.   Thanks!
#85 of 146 2008 Toyota Sequoia Lease Payment by slmnkn Apr 04, 2008 (10:54 am)
FYI, I leased a 2008 Limited 5.7l 4x4 Sequoia in March - Silver Sky, Gray Leather. 36 Months, 20k miles per year. $.10/mile overage. Sticker at $53k. $750 down. Payment of $763/month. $25,500 buyout. Hope this is helpful to other buyers.
#86 of 146 2008 Sequoia SR5 Lease by maslss1 Apr 07, 2008 (3:19 pm)
Toyota is offering $369/mo for 36 months on model 7919 with MSRP of $41,010, $2080 down, residual of $22,915. Does this sound too good?

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