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Toyota Highlander: Lease Questions

662 messages,  Last post on May 07, 2013 at 5:43 AM

You are in the Toyota Highlander Forum.

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

Messages Page 61 of 67

#599 of 662 Re: How do you know if the residual the dealer gives you is correct? [orangeman99] by Car_man HOST

Jan 22, 2012 (11:59 am)

Replying to: orangeman99 (Jan 21, 2012 3:19 pm)
That's an excellent question, orange.
 
Unlike with money factors which can sometimes be marked-up to add additional hidden, back-end profit to leases dealers don't usually have the ability to alter vehicles' residuals, nor any incentive to do so. So what you are quoted for a residual value on this truck is probably correct.
 
The process of calculating vehicles' residual values for leases through TFS is so complicated that it actually provides dealers with a list of the dollar residual values for every unit that they have in stock rather than relying upon them to calculate them on their own.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#600 of 662 Re: How do you know if the residual the dealer gives you is correct? [Car_man] by orangeman99

Jan 23, 2012 (9:38 am)

Replying to: Car_man (Jan 22, 2012 11:59 am)
Good info. Thanks Car man, I really appreciate the time you take to help us.

#601 of 662 highlander lease feb2012 by suberman1

Feb 06, 2012 (7:25 pm)

Hi car_man,
Could you please advise on this lease deal? I want to negotiate further if possible. Thanks for your help.
 
Toyota HL SE v6 with leather and bluetooth, 36 month 15k , 0 down,
 
MSRP $36,823
Base Cap Cost $34,400
Acquisition fee $525 (estimated, not sure if I have to pay this)
Lease Terms and Taxes
Residual Value $21,979 (59.68xx%)
Money Factor 0.00065
APR 1.6%
Term of Lease 36
Sales Tax 7.4%
 
Monthly Lease Payment $396.60
Sales Tax on Lease Payment $29.25
Total Monthly Lease Payment $425.85

#602 of 662 Residual and MF for February by orangeman99

Feb 07, 2012 (10:51 am)

Car Man,
Can you post the residual and MF (tier 1+) for Highlander SE V6 4X4 for 36/12k.
 
Thanks.

#603 of 662 Re: Residual and MF for February [orangeman99] by suberman1

Feb 10, 2012 (12:06 pm)

Replying to: orangeman99 (Feb 07, 2012 10:51 am)
Hi
I have a sheet published by Toyota for SE 4X4 v6 with leather and technology package and the value is 21979 for 36m/12k

#604 of 662 Tax question in NY by dima1

Feb 24, 2012 (9:21 am)

I am in NYC, and always leased from NY dealers. If I lease the Highlander from NJ dealer, can the dealer build in NY taxes and register it in NY State? Please share your experiences.
Thank you.

#605 of 662 Re: Tax question in NY [dima1] by ilana

Feb 24, 2012 (1:13 pm)

Replying to: dima1 (Feb 24, 2012 9:21 am)
I am from NY and always bought from NJ. They can register the car for you in NY but you will need to come and get the plates. I was never able to transfer my plates always got new plates. But this is due to the old car being leased/financed otherwise they might be able to transfer. The fees are a little higher for the registrations thru NJ dealer then NY dealer. The for sure will take NY taxes as it goes by where the car is registered

#606 of 662 Re: How do you know if the residual the dealer gives you is correct? [orangeman99] by Car_man HOST

Feb 27, 2012 (4:48 pm)

Replying to: orangeman99 (Jan 23, 2012 9:38 am)
You're very welcome orangeman99.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#607 of 662 Re: highlander lease feb2012 [suberman1] by Car_man HOST

Feb 27, 2012 (4:52 pm)

Replying to: suberman1 (Feb 06, 2012 7:25 pm)
Hey suberman1. The money factor that you were quoted looks good. The selling price looks reasonable as well. If you like the Highlander, I personally don't see any reason not to pull the trigger on this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#608 of 662 Re: Residual and MF for February [orangeman99] by Car_man HOST

Feb 27, 2012 (4:55 pm)

Replying to: orangeman99 (Feb 07, 2012 10:51 am)
Hey orangeman99. Toyota Financial Services' February buy rate lease money factor and residual value for a 36-month lease of a 2012 Highlander SE V6 4WD with 12,000 miles per year in its New York region are .00065 and 62%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.
 
Keep in mind though that TFS places restrictions upon what options can be residualized, so its effective residual value for this truck will likely be lower than its percentages make it appear.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 61 of 67

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