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Toyota Highlander: Lease Questions

447 messages,  Last post on Mar 09, 2010 at 8:55 PM

You are in the Toyota Highlander Forum. Your Hosts are steve_ & tidester

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


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#9 of 447
'06 Highlander (AWD) Lease numbers by philidor1
Jan 09, 2006 (2:40 pm)
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As of 1/8/06, the figures for a 36 mo. lease in Central NY, 15k/yr, Tier 1 TFS credit:
 
.0019 money factor (4.56%)
55% to 58% residual *(actual)
 
*Toyota's residual percentage does not conform to other manufacturers: Instead of a flat percentage for base plus options, Toyota calculates only the base price when figuring the residual. As a result, you're can't accurately compare the residual percentage to those of other manufacturere' percentages. The figures I used here are actual -- e.g., MSRP $31,829 = $17,557 residual (55.16%), and MSRP $29,492 = 17,107 residual (58%).
 
Happy hunting,
Philidor1
#10 of 447
Re: 2006 Toyota Highlander Limited AWD [benji123] by Car_man HOST
Jan 16, 2006 (4:36 am)
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Replying to: benji123 (Dec 24, 2005 5:45 pm)

Hi Ben. Toyota's lease program often varies depending upon which one of its twelve regions one is in. Having said this, in most of the country right now Toyota Financial Services' buy rate lease money factor and residual value for a 36 month, 12,000 mile per year lease of a 2006 Toyota Highlander Limited AWD are .00190 and 60%, respectively. You definitely don't want to lease this car for 48 months because 36 is the longest term that its special money factors are available for.
 
Car_man
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Smart Shopper / Prices Paid Forums
#11 of 447
Re: Toyota Highlander: Lease Questions [Car_man] by sanchai2
Jan 19, 2006 (11:54 am)
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Replying to: Car_man (Aug 31, 2005 5:24 pm)

Hi Car_man.
 
What can you tell me about the residual, money factor, etc. for a 2006 Highlander AWD w/ 3rd row (not limited)in Denver, Colorado? 36 month, 12,000 mile.
 
Thanks so much.
#12 of 447
Highlander Hybrid Lease Special - questions by katrinka
Jan 24, 2006 (9:59 am)
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Toyota is offering 36 month lease special on a Highlander Hybrid for $359/mo. with a $2999 down payment. I don't want to leave a down payment and would like 15,000/mi.year. What information will I need to know before I speak with the dealer this weekend.
#13 of 447
Highlander offer question by golic
Feb 08, 2006 (11:20 am)
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What can you guys tell me about this offer: I am in the Chicago market:
 
2006 Highlander V6 4x4 LTD
this vehicle comes with the power moonroof, side curtain airbags, leather heated seats, third row, 6 disc cd changer, and appearance package (they are all pretty much equipped the same).
 
Your special internet price, including the available rebate, is $31,789. Toyota is building very few with navigation, but I believe it is roughly $1,800 more. I can double check if that is an option for you.
 
Thanks for your insight
#14 of 447
Re: Highlander offer question [golic] by landdriver
Feb 08, 2006 (9:29 pm)
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Replying to: golic (Feb 08, 2006 11:20 am)

This seems like a very reasonable price, though I'm not sure what rebates may be in effect in your area (check edmunds.com new car pricing); you could get a couple more internet quotes from other dealerships to verify this is competitive.
#15 of 447
Third party leasing companies by golic
Feb 09, 2006 (7:52 am)
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Has any one leased a car and used a third party vendor to write the lease?
 
If so can you recommend or warn against a company?
 
Thanks,
 
Smile-
#16 of 447
06 Highlander 4x2 4cyl lease rate by soylentgreen
Feb 15, 2006 (8:53 pm)
Reply
Carman (or whomever),
 
Got some numbers for a 4x2, no 3rd row, 4 cyl Highlander
MSRP = 27,270
- 1500 discount = 25,770
 
MF = .00200 (a little high for a 790 FICO?)
residual = 15,188
 
They're asking for 2K down and 419-429/month!
This is going to be for 36 months.
 
I axed about the $500 rebate and they said "just for you, we'll just take off $1500." I just hate it when they take you for a fool.
 
Anyway, just needing to know your prof opinion, maybe I'm missing something here.
 
Thanks.
#17 of 447
Re: Third party leasing companies [golic] by philidor1
Feb 16, 2006 (2:54 pm)
Reply

Replying to: golic (Feb 09, 2006 7:52 am)

The problem with third party leasing becomes apparent when you return the vehicle -- you'll get nickled and dimed for routine wear-and-tear.
 
The major automobile finance arms such as Toyota Financial Services exists primarily to finance the purchase and leasing of their vehicles. Unlike banks and leasing companies, which look to turn a profit at every corner, TFS wants to keep you happy if at all possible, and have you return as a repeat customer.
 
To me, it's a no-brainer: Lease with TFS, or be willing to empty your wallet when the lease term expires.
#18 of 447
06 Highlander Ltd lease by suferman
Feb 19, 2006 (1:02 pm)
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I have a 03 Highlander LTd 2WD. My lease is up in Apri and I am looking at a new Highlander Ltd, Honda Pilot EX-L or Subaru 2.5XT Forester. I don't need 4WD, as I live in So. Cal. Which is going to give me the best lease deal, and what should it be? My current lease is around $420 with the taxes included. I would like to get the same, or under if possible.

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