2018 Toyota Highlander XLE. Massachusetts

Hi Everyone, My wife and I are expecting in about a month and seemed to agree that the Highlander has enough safety features and cargo space and seems to be our best “Bang for our Buck”

I have seen this deal on Toyota of New England’s website and just wanted to see if its a decent deal.

Also seeing if someone could explain The term “Money Factor” to me and how I could figure that out on this lease deal.

"Lease a new 2018 Toyota Highlander for just $299 a month. 36 Months closed end lease on Highlander 2018 Models 6953. $2,999 due at signing which includes first month’s payment of $299, acquisition fee of $650, customer capitalized cost reduction of $2050, security deposit of $0, and assumes $ lease bonus cash direct from Toyota is applied to due at signing. Lease vehicle includes the following optional equipment: All-Weather Floor Liners Package, 2nd Row Bench Seat, 50 State Emissions. $36595 adjusted capitalized cost assumes dealer participation, which may vary. MSRP $41624 includes destination charge. Your payment may vary depending on final price. Base monthly payment of $299 does not include tax. Taxes, license, title, insurance,and $400 documentation fee are extra, and are not included in the amounts shown. Excludes $350 disposition fee due at lease end. Lessee pays maintenance, excess wear and tear and $0.15 per mile charge for all mileage over 12000 miles per year. Lease end purchase option $27056. Program only available to customers with well qualified credit through Toyota Financial Services. Not all customers will qualify. ToyotaCare included in all new vehicle sales/leases.2 Year / 25,000 mile premium auto care policy. Offer Valid Until 4/30/2018.***

Thank you everyone.

Best
Shannon

You can easily figure out how leases work or what money factor is if you do a little bit of research. You can start with this:

Search the forum for Highlander.

You can also expand by searching for Toyota and seeing which dealers are receptive.

Still confused on the Money Factor calculation. Thanks for the tips though

-Shan

Money factor is just another name for the interest you are paying to the leasing company. If it helps you can multiply it by 2,400 to convert it into APR. Needless to say you would want a lease with low money factor thus minimizing the interest you are paying on your lease.

If you are in Mass reach out to member @Leasard, He will get you the best deal on a Highlander in MA

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Hi Shannon! We have a deal for 18 Highlander LE AWD in MA, MSRP- 35989, with $0 down, all taxes and fees already included in the deal, first payment due at signing only- 295/m. Let me know if you want to move forward with that deal. Email me Lease@Leasard.com or call/text 617-4125341

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For Highlander XLE I have a deal with same terms, 359/m. Nothing out of pocket, first payment due at signing only.

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Also check out the Infiniti QX60 Premium+ with DAP (Driver Assist Package)

Search the forum for some really compelling deals.

Continuing the discussion from 2018 Toyota Highlander XLE. Massachusetts:

So using the money factor calculations I would be paying 0.0053 X 2,400 = 12.72

12.72 APR for this lease deal???

That is absurd… How do these people sleep at night… aside from mighty well I guess.

Thank you
Shan

Disregard just got a message back saying 0.0053 is the money factor. Which would be 1.272 %

I think you are missing a 0?

I was, dealer mistake… I was going to say, that seems a bit high haha. Thanks

Leasard, hi, quick question - are those numbers for Highlander LE valid for MA residents only? I’m PA resident, ~4 hours from Boston, so could gladly drive there (and see friends in MA and NH on the same trip…)

unfortunatly, no… :confused:

Selling price discount also not strong. Better to just go with Leasard and save yourself the headache, plus he does not have a fee.

Get one from NJ unless you really want to drive two cars on your way back.

Thank you, appreciate the help.

Hi,
Yes, unfortunately for MA only…
We can’t do out of state deals in MA.

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Thank you, got it. Well, at least it gives some baseline to work from when trying to get something similar around :slight_smile:

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