Toyota Highlander Lease Questions

668 messages,  Last post on Jun 18, 2013 at 8:13 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#659 of 668 Re: Bit the bullet [cliffpoz] by hmaranino

Apr 23, 2013 (4:50 pm)

Replying to: cliffpoz (Apr 06, 2013 1:49 pm)
Cliffpoz - can u tell me where you got the quote for 390 for the highlander? I am very interested as I live in NYC and this would be perfect. Thanks so much!!

#660 of 668 Re: Bit the bullet [hmaranino] by cliffpoz

Apr 24, 2013 (5:34 pm)

Replying to: hmaranino (Apr 23, 2013 4:50 pm)
Parkway Toyota in NJ. I just came off a toyota lease, so I had the loyalty incentive.

#661 of 668 April MF & Residual by toddphilly

Apr 25, 2013 (5:44 am)

I just got a quote from a dealer in PA that listed a MF of .00110 and 59% residual on a 3yr/36k mile lease. Does this sound about right to you? Based on some of the other posts, it looks like others have done better.

#662 of 668 Re: April MF & Residual [toddphilly] by toddphilly

May 07, 2013 (5:43 am)

Replying to: toddphilly (Apr 25, 2013 5:44 am)
FYI - just wanted to post the final deal I was able to get. We leased a 2013 Highlander 4WD Limited for a final of $1k out of pocket, $437/mo. Lease was for 36mo/12Kmiles per year. I think the final MF was .00030, and a residual of 59%. Cap cost was around $37000.
 
I thought it was a good deal in the end. Very pleased with the vehicle.

#663 of 668 Which is a better deal? by tlynn421

May 27, 2013 (10:18 am)

My wife and I are trying to determine which deal to go with:
 
In both scenarios, the dealer will eat our trade in, which is a 2013 Acura TSX with 12.K miles and about 2k upside down.
 
A 2013 Highlander Limited, $1200 down, $450/mo
 
A 2013 Highlander SE with XM package, $0 down, $442/mo
 
Not sure of what May residual rates are. So basically the difference would be Navi, push key start, and bigger screen with the Limited.
 
Thoughts on which deal makes most sense?

#664 of 668 Re: Which is a better deal? [tlynn421] by amosz

May 31, 2013 (11:09 am)

Replying to: tlynn421 (May 27, 2013 10:18 am)
Not sure what to advise you. I would probably go for the SE, no money down. Unless you need those features of the limited.
 
While I'm here, will be looking at obtaining my next car at the end of June. Moving to a small town. Wife wants a Volvo S60/XC60, but closest dealership is 2 hours away. I like the cars as well (albeit pricier), but the distance to the dealership is troublesome.
 
So Car_man, if you could please post the MF and residuals for the Toyota highlander SE and Limited for June (once available). Region is Texas.
 
Looking at 24 or 36 month lease, either 12 to 15k miles.
 
Thank you.

#665 of 668 June numbers? by dpb67

Jun 06, 2013 (8:00 pm)

Does anyone have the June money factor and residuals for 24/36 mo lease for a Plus or SE for NJ?
Thanks!

#666 of 668 Re: April MF & Residual [toddphilly] by dperone

Jun 07, 2013 (10:09 am)

Replying to: toddphilly (May 07, 2013 5:43 am)
Toddphilly:
 
What was the MSRP on the car? Did you buy it locally? I live in NJ

#667 of 668 Re: June numbers? [dpb67] by Car_man HOST

Jun 18, 2013 (4:54 pm)

Replying to: dpb67 (Jun 06, 2013 8:00 pm)
Hi dpb67. Toyota Financial Services' June buy rate lease money factor for a 24- or 36-month lease of a 2013 Highlander in New Jersey is .00030 for consumers who qualify for its Tier 1+ credit tier.
 
This vehicle's residual values are more difficult to determine. TFS' current 24-month, 15,000 mile per year residual value for a base 2013 Highlander 4WD is 71%. It is 61% for a 36-month lease. The problem with these numbers is that TFS places restrictions upon which options can be residualized, making it difficult to determine what this vehicle's effective residual is.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#668 of 668 Re: June numbers? [Car_man] by dpb67

Jun 18, 2013 (8:13 pm)

Replying to: Car_man (Jun 18, 2013 4:54 pm)
Car_man
 
Thanks for the information. I am coming off a Rav4 lease (I got a great deal thanks to you and others on the forum....thanks!) so I'm aware of the TFS restrictions. I am trying to work with dealers who don't add-on many options. Do you know how the base residuals compare to the Plus and SE models?
 
Thanks again
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