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Toyota Venza Lease Questions

157 messages,  Last post on Apr 24, 2013 at 5:37 PM

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

Messages Page 12 of 17

#102 of 157 Re: Leasing number for 2010 toyota venza [carnut12] by Car_man HOST

Mar 25, 2010 (2:41 am)

Replying to: carnut12 (Mar 06, 2010 12:28 pm)
Hi carnut12. As you probably already know, Toyota's lease program varies by region. I have not seen its current program for your specific region, but in the vast majority of the country Toyota Financial Services' current buy rate lease money factor for a 36 month lease of a 2010 Venza 4-cylinder AWD is .00044 for consumers who qualify for its top aka Tier 1+ credit tier.
 
TFS' current 36 month, 12,000 mile per year residual value for this vehicle is 63%. The problem with this resid is that it is for a base vehicle. Unlike most banks, TFS places restrictions upon what options can be residualized. This not only makes it difficult for consumers to calculate payments on specific vehicles on their own, but it makes Toyota vehicles' effective residual values lower than their published percentages.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#103 of 157 Re: March lease numbers 2010 Venza [dylrex] by Car_man HOST

Mar 25, 2010 (2:41 am)

Replying to: dylrex (Mar 10, 2010 12:55 pm)
Hi dylrex. Toyota Financial Services' March buy rate lease money factor and residual value for a 36 month lease of a 2010 Venza V6 AWD with 12,000 miles per year in its Cincinnati region are .00044 and 63%, respectively for consumers who qualify for its top aka Tier 1+ credit tier.
 
The problem with these numbers is the residual value is for a base vehicle. Unlike most banks, TFS places restrictions upon what options can be residualized. This not only makes it difficult for consumers to calculate payments on specific vehicles on their own, but it makes Toyota vehicles' effective residual values lower than their published percentages.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#104 of 157 Re: March lease numbers 2010 Venza [dylrex] by Car_man HOST

Mar 25, 2010 (2:43 am)

Replying to: dylrex (Mar 12, 2010 2:36 pm)
Hi dylrex. Please see my previous post for the information that you're looking for. Thanks.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#105 of 157 2010 Venza lease deals and fees by prowess

Mar 28, 2010 (10:07 pm)

I am looking at the 2010 Venza AWD V6 in the Kansas City area with:
(CQ) convenience, (LS) comfort, (SA) security, (SR) panoramic roof, (EJ) JBL w/XM bluetooth
MSRP: $36,314
selling price: 32,600
cap cost: 33,429
residual: 19,842
pymt: $400 mo (not incl sales tax) MF.00044, 36 mo lease, 12k miles
$650 acq fee, $180 admin fee, $750 destination charge, $514 TDA, $591 dealer holdback, $295 whsl financial reserve. no money down, just first pymt.
What I'm wanting to know is if any of these fees are necessary or negotiable?

#106 of 157 Venza lease options by beaner0500

Mar 29, 2010 (7:00 pm)

I am considering the following options for a lease on a 2010 Venza. I don't have all the info you normally need to calculate so I'm wondering if you can still give me advice using ballparks.
 
1) 4-cylinder AWD
MSRP: $28,744
Base cap cost: $26,500
$2k down (includes title, tax and all fees)
$650 acquisition fee
Monthly payment: $283/month
 
2) V6 AWD
MSRP: $34,609
Base cap cost: $30,584
$2k down (includes title, tax and all fees)
$650 acqusition fee
$358/month
 
In both scenarios the dealer has agreed to pay for the last two months of my current Subaru Outback lease which is $550 total.
 
I am torn between making this decision before the end of the month (Wednesday) or waiting until my lease is actually up in two months and dealing with it then.
 
Any advice on these deals?

#107 of 157 Re: Venza lease options [beaner0500] by nydriver25

Mar 30, 2010 (7:21 am)

Replying to: beaner0500 (Mar 29, 2010 7:00 pm)
Offhand the V4 AWD looks like a good deal, on par with what has been offered. I haven't eyed the V6 closely. I think you should keep in mind if you want a toyota, this month toyota is giving good promotional leases and what not. I think it ends April 5th.
 
Also what packages, just curious, and where in US are you located?

#108 of 157 Re: Venza lease options [nydriver25] by beaner0500

Mar 30, 2010 (7:30 am)

Replying to: nydriver25 (Mar 30, 2010 7:21 am)
I'm in the DC area. I think the lease promotion actually ends tomorrow so I'm cutting it close.
 
The V6 has the comfort and convenience packages as well as JBL surround sound system. This morning I was promised they'd get my monthly payment to $350 (from $358) and I'm only putting $2k down so I think it's a good deal. I'm feeling pressured since it's end of month but I'm scared this deal won't be around in June when my current lease is up.
 
Also, Subaru wanted to charge me $350/month with $2k down on a car with a slower engine and cloth seats. Toyota is definitely doing a better deal.

#109 of 157 Re: Venza lease options [beaner0500] by nydriver25

Mar 30, 2010 (8:34 am)

Replying to: beaner0500 (Mar 30, 2010 7:30 am)
That's a good deal. Not sure if the deal ends today. I am pretty sure it ends on April 5th. What are your sales tax.
 
And also, they offered to pay off your lease for the subaru? Get that in writing before you do anything!
 
Toyota is in bad shape with the public perception, so they are doing everything they can to get the vehicles out off the dealers' lots!

#110 of 157 Re: Venza lease options [nydriver25] by nydriver25

Mar 30, 2010 (8:37 am)

Replying to: nydriver25 (Mar 30, 2010 8:34 am)
Also, the 2,000 down include the first month's payment? This is a good deal, if you really want a Toyota. Of course I'm not sure if they may offer even better deals in June, since public isn't ready to fully trust Toyota's

#111 of 157 Re: Venza lease options [nydriver25] by beaner0500

Mar 30, 2010 (11:52 am)

Replying to: nydriver25 (Mar 30, 2010 8:34 am)
Yes, I'm told the $2k down includes the first month's payment.
 
Tax in MD is 6%.
 
I'm not entirely sure how it's going to work with my Subaru payments but I'll definitely make sure it's all as they promised when I get to the table.
 
Getting excited now!

Messages Page 12 of 17

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