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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 8 of 17

#63 of 157 2010 V6 2WD Venza lease rate/residual? by joe222

Jan 02, 2010 (10:54 am)

Car_Man - I am in So Cal & am interested in a 48mon / 12k & 15k lease on the above. Do you have the January MF / residuals yet? I went into a local dealer yesterday & they were quoting me a MF of .00265 & 46% (on 12k miles)...this correct? If so, Toyota is definitely trying to steer customers away from leasing this vehicle...doesn't make sense at those rates! Any insight would be greatly appreciated!! Happy new year!

#64 of 157 2009 venza lease by kptown

Jan 07, 2010 (2:20 pm)

Car man,
do you know the current residual, money factor etc for a 2009 venza v6 awd for 3 years 12000 miles per year. There appear to be current toyota specials on these cars. I live in pennsyvlania.
thanks.

#65 of 157 venza in new york region by berky33

Jan 25, 2010 (6:38 am)

car_man, (or anyone) do you know the current residual and MF for the new york metro area?
12 k or 15 k 3 year lease
thanks!

#66 of 157 Current Venza Lease Numbers by waltaz

Jan 27, 2010 (10:48 am)

Hey car_man,
 
I am also looking at a 2010 Venza V-6; either FWD or AWD. Can you let me know the lease numbers for each, including the money factor and residual for 18K miles/year for 36/39 months? And are these for Jan, or a different timeframe?
 
For some reason, the Toyota dealer I am talking with seems reticent to give me these numbers, like just about every other dealer does...
 
Thanks,
 
Walt in AZ

#67 of 157 Re: 2010 V6 2WD Venza lease rate/residual? [joe222] by osbar81

Feb 12, 2010 (8:31 pm)

Replying to: joe222 (Jan 02, 2010 10:54 am)
This is my first post on this website. I always lease my cars and I never bought one and I always get good deals. (I am currently leasing a 2009 corolla LE paying $100/ month plus tax for 36 months after $ 3,000 Down).
 
Now, Let me tell you how much I was quoted on a 2010 Toyota Venza (2.7L) 2WD with Premium Package #1 and Panoramic Glass roof ..
M.S.R.P: $ 31,975.00
Residual Value: 65% ($ 16,702.00)
Lease term: 36 months
Miles/year: 15,000
Down payment: $ 3,000.00
Rebate: $ 1,000.00 (Owner Loyalty Bonus Cash)
Out of Pocket: $ 2,000.00 (includes title, registration, fees, taxes & 1st month payment)
Monthly payment: $ 300 (+ Tax) per month for the next 35 months
 
  The manager refused to give me the money factor. !! but I did alot of math and I think it is between 0.0015 and 0.002
 
Oh, I live in the Southeast

#68 of 157 Re: 2010 V6 2WD Venza lease rate/residual? [osbar81] by roho1

Feb 12, 2010 (8:58 pm)

Replying to: osbar81 (Feb 12, 2010 8:31 pm)
I'd say that's a great deal. I went to my local SET dealer the day before the recalls. 1/26/10
 
I was quoted a residual of 56% for 39m/12k. The money factor was .00199 for a tier 1 lease. There was no $1000 loyalty either. After all the add ons the monthly payment came out to be $375 with 2000 down. I walked.
 
It's hard to believe you got 65% residual.
 
I read today there will be more price incentives coming.

#69 of 157 Re: 2010 V6 2WD Venza lease rate/residual? [roho1] by tytek

Feb 20, 2010 (10:04 am)

Replying to: roho1 (Feb 12, 2010 8:58 pm)
He did not get a 65% residual, as $15.7k from $31k is not 65%, but more like 53%...
 
Hi Car_Man,
 
What is the real residual on a 2010 Venza V6 AWD? What MF is being used?
 
I just got a little over $5,500 off of MSRP on a $38k 2010 Venza in stock on the first try. Is there more left to go?
 
Seems like Toyota should be/might be working hard on trying to sell their 'runaway' cars Good time to get a nice deal.

#70 of 157 Re: 2010 V6 2WD Venza lease rate/residual? [tytek] by roho1

Feb 20, 2010 (3:36 pm)

Replying to: tytek (Feb 20, 2010 10:04 am)
What MF is being used?
 
The MF used is based on your credit score at SETF. Last month I was told a tier 1 MF(best credit) was 4.8% and a tier 2 was 6.6%. This was only after I started to ask questions when the first quote they gave me used a MF of 7.3%. Also. It is tough to pin down Toyota on the adjusted cap cost. This is where they play games with you. Of course this was last month before the recalls so I'm sure things have changed. Good Luck, I'm sitting this mess out for now.

#71 of 157 2010 2.7L 4-Cyl FWD Venza/Money Factor and Residual by osbar81

Feb 20, 2010 (9:35 pm)

Replying to: roho1 (Feb 20, 2010 3:36 pm)
Ok people, I have just leased (2/20/2010) a Toyota Venza 2010 2.7L 4-Cyl FWD (Black exterior and beige interior):
  
M.S.R.P: $ 31,429.00 (Convenience Package, Leather Package, Security Package, Panoramic Glass Roof and Premium Carpet mat set)
Selling Price: $ 28,766.62
Gross Cap Cost: $ 30,416.00 (selling price + Taxes + Acquistion fee)
Cap Cost Reduction: - $ 5,065
Adj Cap Cost: $ 25,351.88
Residual Value: 45.95 % ($ 17,266.00)
Lease term: 36 months
Miles/year: 12,000
Lease Factor: 0.00186 (For Excellent Credit)
Down payment: $ 5,000.00
Rebate: $ 1,000.00 (Owner Loyalty Bonus Cash)
Total Out of Pocket: $ 4,000.00 (includes 1st mo payment, title, reg, fees ... etc)
Monthly payment: $ 303.45 (+ Tax) per month for the next 35 months
 
I think it is a fair deal .. Although, they told me that they lost money on the car !!! I dont beleive it

#72 of 157 Re: 2010 2.7L 4-Cyl FWD Venza/Money Factor and Residual [osbar81] by roho1

Feb 20, 2010 (11:31 pm)

Replying to: osbar81 (Feb 20, 2010 9:35 pm)
Thanks for the info. I can't help but notice your residual went from 65%(1st post) to 46%. Did they explain that to you? Has the value dropped that much since the recall issues?
 
$5000 is a lot to put down for a lease. So what is the tax on your payment or in other words what is your final monthly payment?

Messages Page 8 of 17

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