only lease a city truck. you would be crazy to lease a work truck that you know will get beat up. especially if you have employees beating on it.
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Has anyone replicated this deal? Or gotten close? My credit union doesnāt currently offer leasing finance so I have to open a new account. Does anyone have a suggestion for a bank to do this through so I donāt have to use US Bank (donāt want to after reading that experience post).Although I looked around and that residual is higher than what Iāve seen/heard of. Thanks.
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Great find OP. This is the kind of stuff leasehacking is about
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RVguy posted on another thread that CULA has similar residuals and mentioned a dealer in New Jersey that runs leases through Visions Credit Union. If thatās not in your area, maybe he could point you to another Toyota dealer signed up to do CULA leases.
Thanks, not looking at the moment.
I found one in my neck of the woods. What issues are you guys having with US Bank? Do you think its worth it if I can get similar numbers? Thanks
I found a manual same as op, best they want to do for me is $489/monthā¦yeah
Me too I am looking at 450. Are you using US bank or through toyota financial.
There is a link further up the thread that shows a user with experience using US Bank and was frustrated with the experience.
I told two dealers us bank but they will not even look at that. None of the other dealers have manuals.
I read the thread and even though it doesnāt sound good, it is just one bad experience. Iād be willing to take that risk if I can replicate op.
Agreed. Iād be willing to go to the same dealership as OP even tho itās a 6 hour drive. Same Bank and dealer same deal right?
Iād do 6, I see they have some manuals online. Unfortunately it is a 13 hour drive for me.
These dealers around me donāt want to even talk about anything US bankā¦or they donāt have the manual Tacomas.
Yeah, Iāve only seen 3 at 10 dealers Iāve looked at. Manual is dying out.
The residual and mf changed slightly for August (now 83% and .00140 on the TRD Sport Manual), so at the same selling price and other terms the payment would be ~$14/month more. Iām about 7 hours from Columbus myself but couldnāt get close to the numbers locally. I worked out the deal via email, had them FedEx me the paperwork, and notarized, signed, and FedExed it back so that everything was ready for me when I got there.
Another option would be to find a local dealer that works with US Bank in your area (seems like Sonic dealers generally do) and see if they can trade for a manual from another dealer in your area.
As for the downsides of US Bank, itās probably safe to assume that theyāll be less forgiving of any wear and tear than Toyota Financial Services would be. If thatās a concern, you could set aside $50/month during the lease, which would give you $1,800 for any lease end charges, and still come out ahead by quite a bit.
Wow, so you had everything shipped and walked in and grabbed the keys? Why am I not doing this right now?
Yup ā I found a $150 Southwest flight, took a 20-minute Lyft from the airport, got a quick rundown on features of the truck, and hit the road.
Wow. Now first step is to call that Bank. Thank for the info. Iāll update to let you guys know how it goes.
The dealer still handles all of the lease paperwork and submits the deal to US Bank. I didnāt have any direct contact with the bank.
So one dealer was giving me BS that a high residual is bad for the customer. I looked I am pretty sure its not right?
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And i cannot find a single dealership that takes USbank