- #224 of 294
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Re: Limited MSRP $40,419 - what is lease payment ? [bassmiesternj]
by Car_man HOST
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Mar 21, 2007 (3:21 am)
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Replying to: bassmiesternj (Mar 03, 2007 10:13 am)
Hello bassmiesternj. This truck's lease payment will vary depending upon the selling price that you are able to negotiate. The lower the truck's selling price is, the lower your monthly payment will be. If you are in an area that has a decent level of competition, shoot for a price of $500 or so over dealer invoice. You can look up the invoice price of the truck that you want by visiting the following section of this site: Edmunds.com - New Vehicle Pricing. You also should stop by the following discussion to see how much other community members have paid for similar trucks lately: "Toyota 4Runner: Prices Paid & Buying Experience".
Car_man
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Prices Paid Forum
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- #225 of 294
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Re: Limited MSRP $40,419 - what is lease payment ? [Car_man]
by bassmiesternj
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Mar 21, 2007 (6:44 pm)
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Replying to: Car_man (Mar 21, 2007 3:21 am)
To anyone interested.
I got what I think is a great lease deal on a 2007 Sport and I absolutely love this truck !
I went in knowing the invoice and what to expect. Then I settled on two dealers I felt would go down to the wire on the payment as well as negotiating a low "out the door price". Both dealers had vehicles on the lot that I could be happy with.
MSRP: $34,864.00 (Sun Roof, Spoiler, 6CD)
36month/15k Toyota lease with .00181 MF
Monthly payment $429 plus 7% tax = $459 per month
Total out the door including first month and all DMV, doc and bank fees = $1500.00
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- #226 of 294
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Re: 4Runner Lease Rates in NJ [pgill]
by Car_man HOST
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Mar 22, 2007 (1:35 am)
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Replying to: pgill (Mar 03, 2007 3:57 pm)
Hi pgill. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of any 2007 Toyota 4Runner SR5 4WD with 12,000 miles per year in its New York region are .00181 and 60%, respectively.
Car_man
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- #227 of 294
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Re: 4Runner Sport [krochelli]
by Car_man HOST
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Mar 22, 2007 (1:52 am)
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Replying to: krochelli (Mar 06, 2007 8:20 am)
Hi Keith. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2007 4Runner Sport 2WD with 12,000 miles per year in its Los Angeles region are .00181 and 59%, respectively. The numbers for an otherwise identical lease of a 2007 4Runner Sport 4WD are .00181 and 60%.
Car_man
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Prices Paid Forum
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- #228 of 294
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Re: CarMan, analyze this SR5 => [bassmiesternj]
by Car_man HOST
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Mar 22, 2007 (1:59 am)
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Replying to: bassmiesternj (Mar 08, 2007 8:00 pm)
Hey bassmiesternj. A base 2007 Toyota 4Runner SR5 4WD has a spread of $3,200 between its full MSRP and its dealer invoice price. The discount that you were quoted is right around that and is a very good deal. Something is off with the money factor that you were quoted though. I suspect that you meant that this truck's factor is ".00375" not ".000375." Toyota Financial Services' buy rate lease money factor for a 36 month lease of a 2007 Toyota 4Runner in most regions is currently .00181 for consumers who qualify for its "Tier 1+" credit tier. Is your lease being run through a different bank? If so, then the dealer is using the $1,500 or so customer cash that is available on this model to reduce its selling price and this deal isn't that great.
Car_man
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Prices Paid Forum
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- #229 of 294
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Re: CarMan, analyze this SR5 => [bassmiesternj]
by Car_man HOST
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Mar 22, 2007 (2:02 am)
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Replying to: bassmiesternj (Mar 10, 2007 11:33 am)
Hey bassmiesternj. That money factor is more like it. What is the selling price of this new deal? This is a very important number to know. Without it, it's tough to tell if there is any room left to negotiate.
Car_man
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Prices Paid Forum
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- #230 of 294
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Re: CarMan, analyze this SR5 => [Car_man]
by tdbrph
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Mar 22, 2007 (7:22 pm)
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Replying to: Car_man (Mar 22, 2007 1:59 am)
Hey car_man,
Contemplating a 4runner lease with TFS. Does the dealership get the rebate money back on their end that is available on purchase? The dealer is trying to tell me they dont get the rebate on a lease. I know you get many questions but if I could get a response I would appreciate it.
Triston
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- #231 of 294
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4Runner Lease Rates in FL
by samquacious
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Apr 08, 2007 (9:16 am)
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Replying to: Car_man (Mar 22, 2007 1:35 am)
I'm trying to lease a 07 SR5 with leather seats and I'm getting a selling price of $26,400 with 12K miles per year with residual value of $12,977 (44%) with a money factor of 0.002410059. The last two seem high. Any advice or just dumb Florida luck?
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- #232 of 294
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Car Man- some assistance
by krochelli
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Apr 18, 2007 (11:54 am)
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so they came back with an approximate residual of 54.8%, selling price of 30,700 on MSRP of 34,754. with 550 acq fee rolled in with 8.25% sales tax, 480 a month--not too bad, but with the 58-60% residuals i was hoping for more like 430.
this Toyota residual thing is very confusing---i'm used to buying Bimmers. so basically the options on a car (which is a couple grand in this case) are not used in calculating the residual?
final question for you- has the residual on the base car changed from March to April? i just want to know if this is still a good deal.
thanks car man! (ps. you've helped me now like 3x leasing a car for friends and myself!)
keith
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- #233 of 294
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Re: CarMan, analyze this SR5 => [tdbrph]
by Car_man HOST
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Apr 25, 2007 (2:09 am)
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Replying to: tdbrph (Mar 22, 2007 7:22 pm)
Hey Triston. Unfortunately, the customer cash that Toyota is currently providing on the 2007 4Runner is not compatible with its special lease program.
Car_man
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Prices Paid Forum
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