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Toyota 4Runner: Lease Questions

293 messages,  Last post on Mar 20, 2009 at 1:54 AM

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What is this discussion about? Toyota 4Runner, Car Leasing, SUV


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#254 of 293
4 Runner Money Factor and Residual Values by jcook
Apr 09, 2008 (3:53 am)
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What are the current going rates for the money factor and residual value for a 2008 limited 4runner?
#255 of 293
Re: 4 Runner Money Factor and Residual Values [jcook] by wrj1
Apr 09, 2008 (7:00 am)
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Replying to: jcook (Apr 09, 2008 3:53 am)

The current money factor (which I will likely improve further in May) is .00087. Residuals after 24 mo: 23,525; after 36 mo; 21,306-22,046; after 48 mo. 18,198-18,938.
 
At least that is what I was told and what my paperwork reflects...
#256 of 293
2008 4Runner Limited by rjohnson1987
Apr 16, 2008 (4:36 pm)
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Where can I find the residual values and money factors for leases through Toyota Financial? Including any exta incentive through the Encore program.
 
I'm looking at a 4Runner Limited V8 with MSRP of $43494. Dealer has offered $38413 including rebate. I want a 36 month lease with 15K miles per year.
#257 of 293
4Runner SR5 2WD residual and money factor? by passat_mx
Apr 18, 2008 (12:34 pm)
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Hi,
 
Does anyone know the residual and money factor for the 4Runner SR5 2WD, 3yrs, 15k miles per year? I'm in Southern California.
 
Thanks!
#258 of 293
Re: 4 Runner Money Factor and Residual Values [wrj1] by ez2beme00
Apr 22, 2008 (7:40 pm)
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Replying to: wrj1 (Apr 09, 2008 7:00 am)

Do you really think 4Runner lease offers will be lower in May? I was thinking about getting one this month but now I may wait.
#259 of 293
Re: 4 Runner Money Factor and Residual Values [ez2beme00] by wrj1
Apr 22, 2008 (8:09 pm)
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Replying to: ez2beme00 (Apr 22, 2008 7:40 pm)

ez2beme00,
 
I am no car guru. Just a participant in this forum. However, considering the current state of financial markets, dismal consumer spending, and poor auto sales, and given that Toyota March sales continue to be down from Feb. and that 4Runner sales are 34.4% less ytd, I am hedging my bets and guessing that better incentives (or at least not worse ones) are on the horizon. But again, I am NO expert. Do what's best for you.
#260 of 293
Re: 2008 4Runner Limited [rjohnson1987] by Car_man HOST
May 27, 2008 (1:10 am)
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Replying to: rjohnson1987 (Apr 16, 2008 4:36 pm)

Hi rjohnson1987. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 4Runner Limited V8 4WD with 15,000 miles per year are .00087 and 55%, respectively for consumers who qualify for its "Tier 1+" credit tier. Keep in mind though that TFS calculates vehicles' residual values differently than most banks do. Most banks just use a straight percentage of vehicles' full MSRPs including all options, but TFS places restrictions upon what options can be residualized. This makes it difficult to estimate what a lease payment will be on a lease through TFS.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#261 of 293
Re: 4Runner SR5 2WD residual and money factor? [passat_mx] by Car_man HOST
May 27, 2008 (1:15 am)
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Replying to: passat_mx (Apr 18, 2008 12:34 pm)

Hi passat_mx. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2008 Toyota 4Runner SR5 2WD with 15,000 miles per year are .00087 and 55%, respectively. Keep in mind though that TFS calculates vehicles' residual values differently than most banks do. Most banks just use a straight percentage of vehicles' full MSRPs including all options, but TFS places restrictions upon what options can be residualized. This makes it difficult to estimate what a lease payment will be on a lease through TFS.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#262 of 293
Re: 4 Runner Money Factor and Residual Values [ez2beme00] by Car_man HOST
May 27, 2008 (1:20 am)
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Replying to: ez2beme00 (Apr 22, 2008 7:40 pm)

Hi ez2beme00. See my previous posts for an idea of what the 4Runner's current lease program is like. As far as what selling price you should pay goes, the 4Runner is a really nice truck...but with gas prices this high and the economy slowing down the market for SUVs is absolutely terrible right now. If you live in an area that has a decent level of competition, I suspect that you won't have much trouble finding a dealer that will sell you one for fairly close to dealer invoice.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#263 of 293
June 2008 4Runner Southeast Toyota lease Rates by stratburst
Jun 01, 2008 (6:36 pm)
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Shopping for an 08 4runner. A SE Toyota dealer quoted a .00119 Teir1 money factor with a 56% residual on a 48 month lease. I want a 36 month term but dealer states that its not an option. Can anyone confirm this? What should the Tier1 rate be on a 36 month, 48 month term be?
 
Thanks!

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