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Toyota Tacoma Lease Questions

42 messages,  Last post on Nov 30, 2009 at 5:43 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Toyota Tacoma, Car Leasing, Car Buying, Truck


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#25 of 42
Re: 2009 and 2010 Tacomas [daveyman] by Car_man HOST
Mar 23, 2009 (1:44 am)
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Replying to: daveyman (Mar 04, 2009 12:25 pm)

Hi daveyman. I personally don't know exactly when the 2010 Taco is scheduled to arrive at dealers, but you may be able to find someone who does know over in the kurt123, "Toyota Tacoma 2005+" #, 23 Feb 2004 12:42 pm discussion.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#26 of 42
Re: Loaded Tacoma 4x4 [digger71az] by Car_man HOST
Mar 23, 2009 (1:51 am)
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Replying to: digger71az (Mar 20, 2009 8:08 am)

No problem, digger71az. I believe that Arizona is in Toyota's Los Angles region. Toyota Financial Services' current buy rate lease money factor and residual value for a 36 month lease of a 2009 Tacoma Double Cab 4WD with 15,000 miles per year are .00074 and 60%, respectively for consumers who qualify for its top aka "Tier 1+" credit tier.
 
Keep in mind though that TFS places restrictions upon what options can be residualized on vehicles. This makes it very difficult to calculate the actual dollar residuals of specific models. So much so that Toyota provides dealers with a list of the actually dollar residuals for the vehicles that they have in stock rather than relying upon them to calculate the numbers on their own.
 
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#27 of 42
Tacoma Dbl Cab 4x4 by dbgncsu05
Apr 16, 2009 (9:33 am)
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Hi Car_man,
 
Do you know the current money factor & residual for a longbed 4x4 double cab? I realize that actual residuals are not easy to calculate but I have a list of options & a VIN if that helps. Location is Charlotte, NC.
#28 of 42
2009 Tacoma LB 4x4 with JBL by paulb67
Apr 23, 2009 (11:19 am)
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Car_man,
 
Hope you can help....Was quoted by my local dealer (in NortherCalif) for a 2009 4x4 Tacoma longbed 4 DR with TRD sport and JBL, with flor mats, etc for a lease of $438 (Factor of .00093 and Residual of 17800), with $884 out the door. The selling price of the vehicle is $29867.
 
Is this a good deal and is the lease amount right?
 
Seems high, seeing how I am getting rid of my leased 4x4 Tundra 4dr that cost me $350 (although factor was a lot lower then!).
#29 of 42
Re: 2009 Tacoma LB 4x4 with JBL [paulb67] by ocautoseeker
Apr 24, 2009 (11:05 am)
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Replying to: paulb67 (Apr 23, 2009 11:19 am)

Your last statement sums it up. The higher MF is affecting the price. Contact me at my e-mail address. It's my usnername, ocautoseeker, then add yahoo.com
#30 of 42
Trade In on Lease by lyric2007
Apr 29, 2009 (3:12 am)
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Hi Car Man,
 
Was wondernig if this was a good deal:
 
2009 Toyota Tacoma Double Cab 4 X 2 PreRunner TRD Shortbed
Tow Package, XM, rear camera, bluetooth, the works
MSRP: $28,562 ($1500 customer rebate already included)
Down: $1,500
Monthly payments: $500.00
Lease Term: 59 months
Residual: 11,972
MF: Not sure, I think it was about .000254, TFS are having a special right now.
Location: Orange County, CA
 
I had a 2002 Dodge RAM 1500 Double Cab SLT 4X4 that I traded in. The dealer purchased it for $7,000 (which was KBB) and I still owed $10,000. They worked the amount I owed into the lease, I believe.
 
Can you tell me how the trade ins factor into a lease AND was this a good or average deal?
#31 of 42
Re: Tacoma Dbl Cab 4x4 [dbgncsu05] by Car_man HOST
May 07, 2009 (2:07 am)
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Replying to: dbgncsu05 (Apr 16, 2009 9:33 am)

Hi dbgncsu05. Unfortunately, I believe that North Carolina resides in Toyota's Southeast region. Toyota does not sell vehicles directly to dealers in that area. Instead a distributor called SE Toyota does. SE Toyota requires dealers to use its own captive finance company, SE Toyota Finance, rather than Toyota Financial Services. I have not seen SE Toyota's lease program in a while. Sorry that I could not be of more help.
 
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Prices Paid: Buying & Leasing Experiences Forum
#32 of 42
Re: 2009 Tacoma LB 4x4 with JBL [paulb67] by Car_man HOST
May 07, 2009 (2:14 am)
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Replying to: paulb67 (Apr 23, 2009 11:19 am)

Hi paulb67. I'll try . The money factor that you were quoted for this truck looks good. It is right in line with Toyota Financial Services' buy rate for it.
 
The other important number to focus on when leasing is your vehicle's selling price. It's excellent that you already know what that number is. It is difficult for me to say how attractive it is, however, without something to compare it to. Let me know the MSRP or dealer invoice price of the exact truck that you are interested in, that information is available right here in the New Vehicle Pricing section of Edmunds.com, and I will be happy to ttell you what I think.
 
Car_man
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#33 of 42
Re: Trade In on Lease [lyric2007] by Car_man HOST
May 07, 2009 (2:18 am)
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Replying to: lyric2007 (Apr 29, 2009 3:12 am)

Hi lyric2007. $500 per month for 60 months. I'm sorry to say this, but that's a lot of money for a Tacoma . Have you finalized this deal yet? If not, it would probably be in your best interest not to.
 
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Prices Paid: Buying & Leasing Experiences Forum
#34 of 42
Re: Trade In on Lease [Car_man] by lyric2007
May 07, 2009 (11:54 am)
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Replying to: Car_man (May 07, 2009 2:18 am)

Hi Car_man,
 
Unfortunately, we already finalized the deal. My calculations included the negative equity we had on the Dodge that the dealer took on. How do dealers typically take on a trade-in that money is still owed on?

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