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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

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

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#290 of 293 Re: Need current MF and Residuals [stilly] by Car_man HOST Mar 19, 2009 (3:00 am)
Replying to: stilly (Mar 07, 2009 1:07 pm) Hi stilly. Toyota is not currently providing any lease support on the 4Runner. As a result, if you were to lease one through Toyota Financial Services right now, you would have to use its standard lease program. TFS' current buy rate standard lease money factor is .00295 for consumers who qualify for its top aka "Tier 1+" credit tier.   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
#291 of 293 Re: Invitation [newdavidq] by Car_man HOST Mar 19, 2009 (3:04 am)
Replying to: newdavidq (Mar 17, 2009 2:52 pm) Hi newdavidq. If you still have eleven months left on your current lease, chances are that you will waste a significant amount of money getting into a new vehicle now rather than waiting until the scheduled end of your deal...regardless of what the letter that the dealer sent you said. They are probably just trying to sucker you into getting something new earlier than you should.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: newdavidq (Mar 19, 2009 1:25 pm) Car_man (Mar 20, 2009 1:54 am)
#292 of 293 Re: Invitation [Car_man] by newdavidq Mar 19, 2009 (1:25 pm)
Replying to: Car_man (Mar 19, 2009 3:04 am) Thanks, Car man. I was pretty sure it was a sucker play but good to get your spin. Money factor and residual not so good either, so no new car for me. Regards, DQ Replies to this message: Car_man (Mar 20, 2009 1:54 am)
#293 of 293 Re: Invitation [newdavidq] by Car_man HOST Mar 20, 2009 (1:54 am)
Replying to: newdavidq (Mar 19, 2009 1:25 pm) You're very welcome, newdavidq.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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