Toyota Highlander: Lease Questions

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

You are in the Toyota Highlander Forum.

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

#633 of 668 Re: Leased a 2012 Highlander SE V6 4x4 in NYC [orangeman99] by thl107

Aug 30, 2012 (3:59 pm)

Replying to: orangeman99 (Mar 24, 2012 6:58 pm)
does that include disposal fee?

#634 of 668 Re: Leased a 2012 Highlander SE V6 4x4 in NYC [thl107] by orangeman99

Aug 30, 2012 (6:23 pm)

Replying to: thl107 (Aug 30, 2012 3:59 pm)
Disposal fee? You mean did I pre-pay it? NO! I have never paid or will ever pay a disposition fee to any dealer. If they want the sale on my next lease, they will waive the fee. It's a standard fee on all Toyota leases now, did you actually negoatiate the fee? Or did they make you believe that they're giving you a deal by only charging you $395 at the end of your lease?
 
As for your offer, I think you can do better, if not much better. Since you are pre-paying all the fees (it should be 2 fees at most: bank (acquisition) fee, and maybe a dealer "document fee"..bs fees usually added to make them more money), taxes, and some down payment, your finance fee should be a little less.
 
You saw my deal. The MSRP was $37,200+ and I'm only paying $403 with $530 down (1st month and my registration renewal). You are putting down $5000 (that's about $139/mo X 36) plus $289/mo. Add that up and you're paying $428/mo. With that much down, I would not go a dollar above $250, more like $240. Remember, I had a remote starter ($500+). If you didn't have any extra options (besides mats and tow-prep), $240 would be my absolute max.

#635 of 668 Re: Leased a 2012 Highlander SE V6 4x4 in NYC [orangeman99] by melman67

Sep 14, 2012 (10:01 pm)

Replying to: orangeman99 (Aug 30, 2012 6:23 pm)
Hi- I found this thread and was looking for your opinion.
I have a lease offer at this point for a 2012 AWD 6 cyl Highlander SE w/tow pkg, Nav, side moldings and wheel locks from a CT Toyota dealership.
 
I wanted to put nothing down. Had the bank fee ($650) NY doc fee ($261) and a "dealer prep" fee ($295) rolled into the monthly payment. They initially wanted $1700 down to cover these fees plus first month.
 
MSRP is $39,491
Cap cost is $37,000
Money factor is .00013
 
Monthly payment $500 even, zero down, 36 months/15K miles
 
Decent deal?
 
Basically paying 18K over 3 yrs.
Thanks!

#636 of 668 2012 Highlander SE V6 Lease by bborgia

Sep 24, 2012 (1:11 pm)

I made an offer to a local dealer in California on a model with MSRP of $35,900 and I offered $31,500. They are offering lease rate of .00030 (.72%) but are saying that no incentives or discounts apply due to the low rate. They did come back with an offer at $33,700. I am seeing in various forums that they $31,500 for these models they are getting rid of for the 2013's is a legitimate offer. Is it true that they can only offer me this good lease rate and perhaps $200 over invoice? Thanks for your help.

#637 of 668 Re: 2012 Highlander SE V6 Lease [bborgia] by bborgia

Sep 30, 2012 (8:25 am)

Replying to: bborgia (Sep 24, 2012 1:11 pm)
I was hoping to get a reply but made the following deal and wanted to share it:
 
Lease rate: .00020 (.48%)
MSRP: $35,950
Price: $32,850
I found out that Toyota has a loyalty program with $1,000 towards down payment (this is different from $1,000 cash offer which can't be combined with promo lease rate apparently). So they put $1,000 as a down payment (and I put $0 down on my own)
Monthly payment: $388 (tax inclusive) BUT I did get the GAP insurance $650 which brought it up to $404 (tax inclusive). All in all ended up being about $1400 below invoice (true price was $31,850)

#639 of 668 2013 Toyota Highlander Lease by newcaraholic

Nov 13, 2012 (7:47 am)

Hey Car Man,
Could you please post the numbers for a 36 month lease on a Toyota Highlander Limited 4 x 4 for 15,000 miles a year? I live in Illinois.
Thanks.

#640 of 668 2013 Highlander Limited 4WD by croatbag

Nov 15, 2012 (6:12 pm)

Hello Carman,
 
Could you give me the Nov. residual and money factor for a 2013 Limited highlander AWD? 12K miles a year and 36 months.
 
Thanks in advance.
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