Just got a 2016 Toyota RAV4 XLE hybrid AWD in Boston MA. Price before tax is $259 per month, 3 years, 12K per month. I paid zero down, I rolled the $1200 acquisition/tags/doc fees into the lease. This is the XLE with the GPS package, MSRP $30600. Price also includes a $495 GAP insurance, $13.75 / month (which I think I will cancel), so total with the $1200 fees is like $245 per month. Residual is around $19541
Selling price of car was $26500, about $4K off sticker
this seems solid… what do you all think? My mom was actually JUST looking into one of these haha
259 before taxes and 245 after taxes seams backwards
Can you post your actual least or the breakdown?
Possibly the sales rep and dealer?
Thanks!
I think he meant 245 when removing the gap insurance and pre tax
I bought it at Expressway Toyota.
Yes I mean $245 without GAP and pretax, $1200 in acquisition fees, tags and docs (rolled into the lease). I paid $1 at signing.
You must have gotten a great deal. All the dealers I’ve reached out to requesting to match and they basically told me to go kick rocks.
Kudos on getting a stellar deal!
Sounds like folks are getting great deals on Toyotas in MA. Congrats!
Here’s the program for 2016 RAV4 XLE Hybrid AWD in MA, by the way:
24/12K: 71% residual, .00040 MF
36/12K: 64% residual, .00040 MF
Toyota programs are regional and MFs vary very slightly by region.
Your numbers are correct, thats what I got. You are right I got this deal only in MA. In California, there is a waiting list for hybrid RAV4. Also to be clear, I probably could have saved another $10-$15 a month if I elect the base XLE without the NAV. My car had the NAV and another $500 in minor options. I also paid a combined $1200 in fees for docs, taxes, acquisition. If you elect to pay them in full, you can lower your payment to about $210-$220 before tax, it’s a great deal for a 30K vehicle that aren’t electric cars.
Definitely a great deal. In CA you are lucky to get a $500 discount. They are so hot and hard to find. Great job on your deal
yeah. my cousin is trying to get the same deal in the Bay area. I think the best he can do is $500 above invoice on a limited via Costco
Got the first payment in the mail, $275, but that includes 6.35% tax and the gap which I sent the letter to cancel. So take out the tax and the GAP, it should be around $245. If I didn’t opt for the NAV and some of the minor options, this would have been $230 a month for sure. We picked the options because that was the only car with the black interior, the light interior seems to get dirty very easily. My mom said her first tank got her 33mpg driving around the city
Trying expresstoyota. im only a few hours away and its worth a drive. surprising the pricing difference 2 hours can make.
I guess they do not lease out of state?
Anyone know current residuals?
Are you sure GAP insurance is not included in the Acq. fee ?
@michael Would you please share what is the current lease program for this vehicle in Minneapolis, MN?
Michael, Can you share the program details in Illinois - (midwest region) ?
I believe GAP is an option in Mass, standard in some states. I ended up getting $495 credit applied to the lease account and payment kept the same. I have GAP through insurance for $10 a year
2016 RAV4 XLE Hybrid AWD in MN:
24/12K: 70% residual, .00050 MF
36/12K: 63% residual, .00050 MF
Targeted: $500 Toyota/Scion Lease Loyalty, $500 Military
Valid through 10/3/16.
2016 RAV4 XLE Hybrid AWD in IL (same as MN):
24/12K: 70% residual, .00050 MF
36/12K: 63% residual, .00050 MF
Targeted: $500 Toyota/Scion Lease Loyalty, $500 Military
Valid through 10/3/16.