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SUVs Toyota 4Runner Toyota 4Runner: Lease Questions
293 messages, Last post on Mar 20, 2009 at 1:54 AM
You are in the Toyota 4Runner Forum. Your Hosts are steve_ & tidester
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I am looking at leasing the base model Toyota 4Runner and upgrade it with leather seats. 3 years 15k miles a year 0 down. I am Encore customer. What are goo lease prices. ALSO, I am all paid up on my current 4Runner lease which ends very soon, any tips on what to expect when I turn the car back in and can I use the report from the 3rd party on the condition of the car in negotiating a better note or lowering the money that might be owed on the car that I will turn in. I am 3,000 miles under what I contracted for and have normal wear and tear on the car. Thank you for any guidance you can provide. |
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Unfortunately I leased my 4R in IL so I'm paying the full sales tax during my 36 mo lease and if I buy the truck I will have to pay sales tax again on the purchase . My question is: If I were to move to another state then bought the truck at lease expiration, would I have to pay sales tax there if that state did not charge tax twice to an instate lease/buy like IL does? Unless Toyota Financial is willing to deal, it is not likely I would be buying anyway although I had seriously thought about doing so when I got the truck originally. I have 12 mos left. I may be living in AZ when my lease is up. Thanks much, DQ
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Replying to: newdavidq (Feb 13, 2009 5:58 pm) So, it pretty much doesn't matter where you live... Unless the state doesn't charge sales tax on used cars, you'll have to pay the tax again if you want to buy it. Which is why leasing cars in Illinois can be a bad deal. regards, kyfdx
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Replying to: kyfdx (Feb 14, 2009 9:34 am) Thank you again: you were helpful when I leased the truck two years ago. DQ |
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Looking for the most recent Money Factor for a 3 yr lease. 10k 12k 15k per year. Thanks for the help.
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I just received a letter from the local dealer where I leased my 07 V6 4R inviting me to come in and buy or lease a new vehicle and in so doing replace my present lease and get a new vehicle at the same payment or even less. I have 11 mos left on a 36 mo lease and I will probably be over my 36000 miles allowed by 4 or 5K ( 15 cents/mile) I don't see how this would be possible, but I'm curious. I might like to get a V8 4R as I could use the extra power for towing. I can only assume they're targeting any leftover 08s they might have in stock. What are current money factors and residuals from Toyota Finance in the Chicago area? Thanks much. DQ
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Replying to: stilly (Mar 07, 2009 1:07 pm) TFS' residual value for the '09 4Runner SR5 4WD (they vary by trim level, let me know if you're interested in something different) is 45% for a 36 month lease with 15,000 miles per year. The residual value for a lease with only 12,000 miles per year would be 2% higher. Keep in mind though that unlike most banks, TFS places strict restrictions upon what options can be residualized. This makes it very difficult to calculate the dollar residual values for specific units. So much so that Toyota provides dealers with a list of the actual dollar residual values for the vehicles 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 |
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Replying to: newdavidq (Mar 17, 2009 2:52 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Mar 19, 2009 3:04 am) Regards, DQ
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Replying to: newdavidq (Mar 19, 2009 1:25 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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