Hi All,
New to leasing. Had a dealer quote me the below on a 2019 Tacoma, V6, double cab, TRD Sport 4x4. They are offering financing through Ally, which I was not prepared for as all my research has shown Toyota’s finacing and not found much on Ally. Wondering if anyone has any experience or information on leasing with Ally, fees, MSDs, etc. Thanks a lot.
2 year 12k/yr
MSRP 39346
Sale Price 36164
Residual 34624 (88%)
APR 7.09
250 doc fee
75 licensing fee
1000 rebate
Payment quote $290
Wow! That residual!
Has anyone ever seen one higher?
That RV is insane.
Ally doesn’t do MSDs AFAIK. They also don’t charge a disposition fee at the end. Ally is pretty good to deal with for the most part. Ally usually has inflated residuals in addition to balancing that out with a ridiculous MF/interest rate. That said, if the numbers work, it doesn’t really matter if you’re paying a high interest rate when you’re only paying 12% depreciation on a 40k truck.
Isn’t TFS’s rate allot lower? Plus you can use MSD’s with them
What’s the total DAS?
Assuming first payment only and no MSDs are allowed, that’s a very good deal.
The only alternative worth exploring is, same discount and terms but through TFS with MSDs and have them compare the two.
Not by much, they are quoting me at .00280 (6.72%) if I want to use MSDs. Otherwise the rate in my area is .00268.
TFS - .00280 to be able to use MSDs, Ally, I think this is the number, .00296, no MSDs. I believe its first payment, plus tax on the $500 incentive (TFS I can get $1000 in incentives).
Did Ally give you 88% on the residual?
Yes. That residual is ally. Toyota was 82, but that’s based on a different dealership in a different region…the 88 percent dealer didnt give me Toyota numbers.
Ask for Toyota numbers to compare. If they’re a Toyota dealer, they’d have to be able to run TFS numbers.
Coming soon, the 102% residual on tacoma
yes that is what I also thinking too Toyota is 82% vs ally 88%. try to see if you can put MSDs on TFS vs Ally, might save you $$$ that way.
hahaha, especially the 2020 refresh.
Hi All,
I was wondering if anyone had any idea what type of percentage off MSRP I should be going for to consider something a ‘good’ deal. So far I’ve got ranges from dealers anywhere from 4% off MSRP up to 8%, not including Toyota offered incentives. In my region I can get 500 off from Toyota and another 500 for student/grad. So, not sure if 8% pre incentive would be considered good, average, low?
Looking at 4x4 TRD Off Road, double cab, the MSRP I’ve been seeing is from 38000-42000.
Thank you.
Depends on your region. If you’re around Philly, I’ve seen about 12% off MSRP. If you’re in So Cal around 6-8% off MSRP.
$290???
Not sure if your sale price includes the rebate but lets say it does
36164-34624=$1540 depreciation / 24 months = $64.16 a month
So if your at 290-64.16= $225 a month of interest and fees??? Something not right
Indiana (Chicago territory/region).
I thought the same thing, it included $500 rebate since Ally did not accept a student/grad rebate.
Thinking they messed up the calculation. I am getting $299, they are getting $200 /month. MF, Incentives, MSRP, Sales Price, Residual, drive off all confirmed (drive off is really like 200 off, but that wont change it $100/month).