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Toyota FJ Cruiser: Lease Questions

63 messages,  Last post on Jan 25, 2010 at 8:33 PM

You are in the Toyota FJ Cruiser Forum. Your Hosts are steve_ & tidester

What is this discussion about? Toyota FJ Cruiser, Car Leasing, Car Buying, SUV


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#23 of 63
Re: FJ Colorado [vdubdude] by Car_man HOST
Mar 22, 2007 (3:31 am)
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Replying to: vdubdude (Feb 20, 2007 8:51 am)

Congratulations on your new ride, vdubdude. The ride to work is so much more pleasant when you're driving something that you like, isn't it? Enjoy.
 
Car_man
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Prices Paid Forum
#24 of 63
Re: What about all the insurance offers and more? [boldstorm] by Car_man HOST
Mar 22, 2007 (3:36 am)
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Replying to: boldstorm (Mar 21, 2007 6:36 am)

Welcome boldstorm. Most leases today are closed-end leases, meaning that your vehicle's residual value is set at signing rather than being open ended. If I was in your situation, I personally would pass on the extended warranty and pre-paid maintenance. You really don't need them on a leased vehicle.
 
I would be happy to give you my opinion of this deal, but first it would be a big help if you would provide me with your truck's MSRP. This will show me how much of a discount you are being given on it.
 
One thing that I can tell you now is that you are paying too much at lease signing. I always advise consumers against making any sort of capitalized cost reduction, aka down payment, on leased vehicles. Those who do risk losing them if their vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
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Prices Paid Forum
#25 of 63
Re: What about all the insurance offers and more? [Car_man] by boldstorm
Mar 22, 2007 (7:10 am)
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Replying to: Car_man (Mar 22, 2007 3:36 am)

Hello Car-man,
 
Thank you for your response and wisdom about the optional insurances.
 
Yesterdays concern and uneasy gut feeling turned out to be correct. I called the dealership and asked them what the money rate for the lease was. They gave me a cash value and I told them, i wanted the percent. After some humming, she told me it was 0.0035. Thanks to info I found on Edmunds.com I multiplied it by 24 and was HORRIFIED to see that the supposedly incredible rate I was getting due to my excellent credit was 9%! I called the Assist. Sales Mgr and told him I had no plans to continue through with the lease and would not take delivery of the car because I could not trust them. He asked me to come in on to talk about it. I will do that, but this time will be smarter.
 
You asked me about the MSRP. I priced the package etc. on toyota.com and got the price of $30,233.00.
 
Anyway, your thoughts are greatly appreciated.
 
Regards,
 
John
aka Boldstorm
#26 of 63
TOYOTA FJ CRUISER BASE 4WD AUTO LEASE RATES by seanwest
Apr 08, 2007 (12:17 pm)
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Car Man,
Can you tell me the April lease rates for the TOYOTA FJ CRUISER BASE 4WD AUTO? For 36mo with 12k miles? This would be for the Virginia/Maryland region.
Thanks much.
#27 of 63
Re: What about all the insurance offers and more? [boldstorm] by Car_man HOST
Apr 25, 2007 (3:32 am)
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Replying to: boldstorm (Mar 22, 2007 7:10 am)

You're very welcome, John. You were smart to find out what money factor the dealership that you were working with was trying to charge you before finalizing your deal. A factor of .00350 is terrible.
 
Let's take a look at the selling price that you were quoted. You are being given a price of $28,936 on a 2007 Toyota FJ Cruiser 4WD that has an MSRP of $30,233. A base version of this truck has a spread of around $2,100 between its full MSRP and its dealer invoice price. The $1,300 discount that you are being quoted on this truck isn't bad, but you may want to stop by the following discussion to compare it to the prices that other community members have paid for similar trucks lately: "Toyota FJ Cruiser: Prices Paid & Buying Experience".
 
Car_man
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Prices Paid Forum
#28 of 63
Re: TOYOTA FJ CRUISER BASE 4WD AUTO LEASE RATES [seanwest] by Car_man HOST
Apr 25, 2007 (3:36 am)
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Replying to: seanwest (Apr 08, 2007 12:17 pm)

Greetings seanwest. According to the latest information that I have seen, if you were to lease a 2007 Toyota FJ Cruiser 4WD through Toyota Financial Services in its Central Atlantic region right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value would be .00285 and 63%, respectively, assuming that you qualify for its Tier 1+ credit tier. Unfortunately it is difficult to translate this lease program into a lease payment because TFS calculates leases differently than most other banks. The residual value percentages that it publishes are for base vehicles. It places restrictions upon which options can be residualized.
 
Car_man
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Prices Paid Forum
#29 of 63
New at Leasing by kreative1
May 30, 2007 (8:39 pm)
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I am planning to lease a new FJ. I have never down it before and I would like to go into it some what knowledgeable. Any tips would be appreciated.
 
I live in Sacramento, CA
 
2007 FJ
4x4 Manual
Roof Rack
Conveinence pkg
Upgrade pkg 1
 
my credit score is 660
#30 of 63
IS THIS A GOOD DEAL????? by kreative1
May 31, 2007 (5:54 pm)
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Net Cap Cost:
$26,988
Residual:
$15714
Money Factor:
.00285 (based on tier 1+ credit)
Acquisition Fee:
$550
I've gotten other bids on the same Fj and their offers are lower by $800
 
$807.47 drive off
$486.72/mo x 35 months.
 
In stock and ready for immediate delivery, here's what this window sticker looks like:
 
Model Description: WAGON Category ..........: G
   Year ...........: 2007 Current Dealer ....: 120-04077
   Interior Color ..: FA11 FA11 Wholesale Dealer ..: 04077
   Exterior Color ..: 02JR WH/TI Previous Dealer ...: 00120
   Body ............: 4x4 SUV Invoice Date ......: 05/24/07
   Number of Cyl ..: 6 Ship Date .........: 05/25/07
   Allocation Number: 051 Retail Date .......:
   Engine Number ...: 5450414 Date of First Use .:
   Vessel Number ...: 568 TRAC ..............: NO
   Vessel Name .....: C.H 3 V034 Damage ...........: NO DAMAGE
                                           PDI ...............: YES
                                           Fleet .............: NON-FLEET
                                           Port PDS Complete .: NO
  
   VIN .............: JTEBU11F770090288
   Ignition Key.....: 52332
  
   Factory Installed Accessories: FE CQ GY UP
   Port Installed Accessories ..: CF
  
                                                 Retail
   Vehicle Base Model ...................: $ 23290.00
   Total Accessories .....................: $ 4839.00
  
MECHANICAL
239HP 4.0L V6 VVT-i
6 M/T
Full-time 4x4 System, Torsen Center
Differential with Locking Feature
Locking Rear Differential
Variable Gear Power Steering
P265/70R 17" Black Steel Wheels
Full Size Spare-Rear Door Mounted
EXTERIOR
Black Overfenders
Black Bumpers (Silver Tone Highlights)
Skid Plates (Engine,Transfer Case, Fuel)
Silver Tone Door Handles and Mirrors
White Roof/Tow Hooks (2 Front/1 Rear)
Mudguards
COMFORT AND CONVENIENCE
8-way Adjustable Drivers Seat
Water-repellent Seats
Rubber-like Cabin & Cargo Area Flooring
60/40 Split 2nd Row Seats w/Removable
Bottom Cushion
AM/FM/CD Audio 6-Spkrs (2 In Headliner)
Power Windows & Door Locks
Tilt Urethane Steering Wheel
Exterior Color Center Front-Dash
Panel Insert
Sunvisor with Mirror(Passenger Side)
4-Cup Holders/2-Bottle Holders
Rear Defogger
Rear Cargo Tie-down Hooks
Passenger Seat Back Pocket
SAFETY
Driver & Front Passenger Airbags
Star Safety System: Vehicle Stability
Control(VSC),Traction Control,Anti-Lock
Brake Systm(ABS) w/Electrnic Brake-force
Distribution(EBD) & Brake Assist
3-pt Seat Belts in All Seating Positions
ELR Dr Seat Belt/ALR & ELR Pass Seatblts
ISO Fix Anchors in Outer Rear Seat
Locations/Top Tether Anchors All Rear
Seat Locations
                                                  Retail Total
Vehicle Base Model .........................:$ 23290.00 $ 23290.00
50 State Emissions ........................
Convenience Package: Remote Keyless ....... 1840.00
Entry, Cruise Control, Power Outside .......
Mirror with Image Light, Rear Parking .....
Sonar, Privacy Glass, Rear Wiper, Daytime ..
Running Lights .............................
Curtain Shield Airbags (Front Row and 2nd .. 650.00
Row) with Front Seat Side Bolster Airbags ..
Upgrade Package #1: A-TRAC, Multi-Info ..... 2150.00
Display (Dash Mounted/Exterior Temperature .
Gauge, Compass, Inclinometer), .............
P265/70R 17" Alloy Wheels, 2-1 Audio .......
6-Disc Changer, D-Pillar Speakers,400W ....
Inverter, (No Subwoofer), Leather Steering .
Wheel w/Audio Controls/Cruise Control ......
Function, Color-Keyed (Exterior Color) .....
Interior Door Trim Inserts ................
Carpet Floor Mats & Cargo Mat ............. 199.00
                                               --------- ---------
Total Accessories ..........................: $ 4839.00 $ 4839.00
Destination Charge ..........................: $ 645.00
TDA ........................................:
Gasoline ...................................:
Dealer Holdback ............................:
Whsl. Financial Reserve ....................:
                                                                      ---------
Total ......................................: $ 28774.00
  
   Residual Value ...: 24 36 48 60
                             ------- ------- ------- -------
                         STD 16,645 15,248 12,769 10,440
                         LOW 15,714 13,235 10,906
#31 of 63
July 07 Money Factor? by steevo
Jul 20, 2007 (6:43 am)
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Is the Toyota MF for FJ still the standard .00285? Also, if only factory options, what is the Residual?
Thanks!
#32 of 63
Re: July 07 Money Factor? [steevo] by steevo
Jul 24, 2007 (7:10 am)
Reply

Replying to: steevo (Jul 20, 2007 6:43 am)

Dealer told me MF is .00260 right now....

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