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Prices Paid: Buying & Leasing Experiences 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
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Replying to: Car_man (Sep 20, 2007 2:06 am) I am in Colorado. Thanks for your help!
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Car man, Im looking for a double cab long bed maybe 4wd sr5 and wondering what the residual/money factor and price would be for a 36/12 or 15... I'm located in Los Angeles.. Thanks! 
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HI, My 3rd car (1995 Dodge Intrepid with 146K miles) is about had it. The brake line went, and rather than replace it (I have a good friend who does repairs or I can try and do it and take forever, but I figure why bother now?). I got this crazy idea to lease a basic Tacoma (the cheapest one) to add to my other two leases (2008 Accord EX & 2007 Civic SI). A pickup can come in handy for me, and I figure to buy a used heap for $8K which may last 4 years or so (plus maybe repairs), leasing seems to be best (at least for me). In other words, you pay one way or the other so I think my best value would be leasing and having something new more often for a "little more" and "a lot less headache". Just my thought. With the above said, my estimate for a basic Tacoma, with $1000 down (which includes the 1st month payment, tax, all fees), the monthly payments would be about $169 (35 more that is). Please let me know if my estimate is accurate. This is what I have in mind. Seems cheap enough for a 3rd car, eliminating the hassle of fixing the old heap down the road (like my Intrepid). The nice thing is that my wife is all for this (she is not fussy). In fact, the is the one who got me started in leasing (and I do like it). She just needs automatic (my SI is 6-speed), a good spare car for her to drive (and haul stuff from Home Depot, etc.). I hope I get a good response on this one. Thanks. Rob |
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Replying to: sswen7 (Sep 24, 2007 6:50 pm) Toyota Financial Services' current 36 month, 12,000 mile per year residual value for a 2008 Tacoma Double Cab 4WD is 68%. The number for an otherwise identical lease of a 2007 model is 63%. The problem with these percentages is that TFS only publishes residual values for base vehicles. It places restrictions upon what options can be residualized making it very difficult to figure out what the actual dollar residual value for individual models is. In fact, the calculation of vehicles' residuals is so tricky that Toyota actually provides dealers with a list of the dollar residual values for units that they have in stock rather than having them calculate them using the residual value percentages like most other banks do. You also wanted to know what special financing rates for conventional loans Toyota has on the Tacoma in your area right now. In its Denver region, it is currently offering 5.9% financing for 5 year loans for consumers who qualify for its top credit tier. It has a much more attractive 0% special rate for 4 year loans on the 2007 model. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: mzaiderman (Sep 30, 2007 8:47 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 26, 2007 3:09 am) To me this was very high. They didn't want to give me the residuals or money factor, but I finally got the residual for the access cab for around $11,500. Given this the quote of $389 per month doesn't make any sense. My wife and I left cordially with the sales person. In fact he suggested looking at other brands (GM, Ford, etc.). These sales people are driven by the manager who makes the final decision. Comments? I am learning a lot every time I do this. No rush for me since this would be an extra vehicle. |
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Toyota's showing some really competitive leases on the Tacoma's right now. Does anyone know the lease and residual values for a 2008 Tacoma V6 Prerunner DualCab? I remember hearing that the rates are vehicle-specific, but a ball park would be nice. 3yr 36k lease option Thanks
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If anyone knows the residual and MF for an 08 Tacoma 4WD 4CYL Manual for 36/48 months 12K miles I would very much appreciate the info. I've never leased a car without the help of the folks on this board and especially the help of Car_man; Thank you.
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| I should also add that the requested MF and residuals are for Utah which I believe is part of the Toyota Denver Region. If the April numbers are not available then I would also be interested in the May numbers if they become known. | |
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Replying to: polyvw (Apr 19, 2008 3:50 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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