Last post on Jan 25, 2010 at 7:33 PM
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Toyota FJ Cruiser, Car Leasing, Car Buying, SUV
#47 of 63 Re: TOYOTA FJ CRUISER BASE 4WD AUTO LEASE RATES [Car_man]
Dec 30, 2007 (3:01 pm)
I am new to the forum and after reading some of the posts, I am getting a sick feeling on a deal I thought was very fair. I leased the FJ Cruiser last night. It is a 2008 and what seemed to be loaded (front grill,brush guards, fog light, roof rack, side boards). It was leased in lake couny ILL. It is a 36 month lease, 15k miles per year, and no money down (except first month payment, title fee, and license transfer = $726). Tax's are rolled into the lease. Total tax was $2103. The agreed Gross Capitalized Value is $29750. My MONTHLY PAYMENT $570. Please tell me if this is a fair price? Even if it's a ballpark guess. I keep seeing in the forum here, payments of around $450?
Final question. Is there any type of law that protects the consumer if after signing, they have like 24 hours or 2 business days to cancle?.
By the way, the above is close end lease. Depreciation and any Amortized Amounts over lease term is = $16454. Rent charge = $4729. Total of base monthly payments = $21184.92. Thank you in advance for any help.
#48 of 63 Lease prices for April 2008
Apr 13, 2008 (11:43 pm)
Anyone that has leased an 08 FJ March or April 08 I would love to know what your numbers are as there are no incentives for this vehicle right now.
#49 of 63 Tri-State Area (NY-NJ) Jacking up prices?
Apr 17, 2008 (8:48 pm)
I dont get it..........when I look at the TMV (based on my area) on the prices on this website or like these the price for the vehicle is around 21 to 23 thousand and thats MSRP!!!....however when I got qouted from some dealers around here there charging full sticker as if the FJ would be brand spanking new (charging 27,835 MSRP best price I could get out of them after some haggling was 25,535 before taxes and fees) at this rate I told one salesman im just better off waiting until the '09s come out and walked away...I understand that it is a model year vehicle but still if I was to drive it off the lot tommorrow and paid that price I was offered in essence thats almost four grand I lost right there..now am I right for thinking like that or is that just the nature of the beast living where I do...HELP!!!
Aug 01, 2009 (3:15 pm)
So in May of 2008, I bought a pre owned 2007 FJ Cruiser w/ 16000 miles for around 24k plus warranty n stuff came out to around 27K. I had a $487 payment for 72 mos. A year later, i noticed that the vehicle had depreciated so much and that i was under and thought it wasn't worth it. in an attempt to get out of it, i leased a new 2009 yaris, which i am now paying $450 a month for 60 months, with $4000 down. Is there any way out of this shitty lease? I thought of posting on lease trader but who would pay $450 a month for a yaris? any insight as to how i could've done this or what i still can do?
#51 of 63 Re: leasing [oshetitzjay]
by kyfdx@Edmunds HOST
Aug 02, 2009 (9:44 am)
The reason your lease payment on the Yaris is so high, is you rolled in all of the negative equity from the FJ Cruiser.. That was a big mistake. You would have been much better off to keep makiing the payments on the FJ Cruiser. At the end of 5 more years, you would have owned it. What a vehicle is currently worth is of no consequence, if you don't sell it.
The Yaris? You are stuck with that payment. Your mistake has already been made.. Anything you do, other than ride out that lease will cost you thousands more..
I wonder what made you go through with that deal, once you saw the numbers?
#52 of 63 Re: leasing [kyfdx]
Aug 02, 2009 (12:40 pm)
Thanks for the reply. I guess i was thinking that i was going to have a lower payment for the meantime and at the end of the lease, i'd be done and just walk away and start fresh. Only thing is, i feel like a base liftback yaris for $450 isn't worth it, but i guess i'm just paying off all the negative equity that got rolled over from the fj cruiser. The mistake's been made. I'll just ride it through. Great mileage though. ha.
#53 of 63 Need Nov '09 RES & MF for '10 FJ 4WD Auto
Nov 20, 2009 (7:59 pm)
Do you happen to know the Nov '09 RES & MF for '10 FJ cruiser, 4wd Auto for 36 months, 15k miles? Also any other terms have better rates? What effect does a 12k or 10k miles per year have on residual.
#54 of 63 Re: Need Nov '09 RES & MF for '10 FJ 4WD Auto [gperr]
Nov 24, 2009 (5:24 am)
Hey gperr. Toyota is not currently providing support on the 2010 FJ Cruiser. As a result, if you were to lease one through Toyota Financial Services right now, you would have to use its standard lease program. The last time that I saw it, TFS's buy standard rate lease money factor was .00265 for consumers who qualify for its top aka "Tier 1+" credit tier.
TFS' 36-month, 15,000 mile per year residual value for the 2010 FJ Cruiser 4WD is 66%. The residual value for a lease with only 12,000 miles per year would be 2% higher.
The problem with TFS' residual value percentages is that it places restrictions upon what options can be residualized. As a result, its effective residuals are lower than its published percentages.
Prices Paid: Buying & Leasing Experiences Forum
#55 of 63 Re: Need Nov '09 RES & MF for '10 FJ 4WD Auto [Car_man]
Nov 24, 2009 (7:31 am)
Are any of these options/packages able to be residualized?
Upgrade Package #2 UR
Convenience Package CQ
Running Boards RB
Daytime Running Lights RL
If not, then I assume I calculated the lease price based on the percentages you gave me and the Base model vehicle MSRP.
#56 of 63 Re: Need Nov '09 RES & MF for '10 FJ 4WD Auto [gperr]
Nov 25, 2009 (2:36 am)
Hey Gregg. The problem is that very few people know exactly what option packages can be residualized. I suspect that at least part of all of the packages that you mentioned can be residualized, but how much is the question. I doubt that many people at individual dealers even know exactly how the residualization process works. TFS tells them what the dollar resids are for units that they have in stock and that's what they use to calculate leases.
Prices Paid: Buying & Leasing Experiences Forum