2020 Toyota Sienna XLE Lease

Ask the Hackrs
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1

Good evening all hackers,

Is there anyone that could provide me with the money factor, residual, lease/ loyally credits (if any) and sales tax for a 2020 Toyota Sienna XLE in Massachusetts zip 01453.

Thank you all very much,
Patrick

2

Hey Patrick,

This info can be found on Edmunds.

To be honest, Sienna’s are leasing very poorly right now through TFS, especially if returning a current lease.

Also, I’ll assume you’re new to leasing since you asked for Sales tax :slight_smile:

If you’d like some assistance, I would be more than happy to help in MA.

Thanks
Mike

3

Hi Mike,

Yes i am new to leasing I am currently in a horrible lease agreement on a 2018 Rav 4 and truly wish i had spent more than 30 minutes watching a few youtube videos before going to dealership. My lease on my Rav4 is up Aug/2020 but i am still looking to see what my options are as the needs of my family out size my rav4…(1 year old twins, a dog and a wife that packs the house up for a weekend camping trip). any and all help would be greatly appreciated.

Thank you,
Patrick

4

You are trying to get out of your horrible early to get into another horrible lease?

1 Like
5

No,

I am completely aware that the remaining balance of my crap lease would carry over to any new one. Being in the position i in now with my family i am trying to do my best to be as prepared as possible moving forward, so that i do not make the same mistakes again.

6

Edmunds for the numbers.

I was in the same boat as and just got an Odyssey and love it. Why a Sienna? Odyssey has those awesome magic slide seats and new tech. I think the newly manufactured 2019 Odysseys are more reliable than the original first model year 2018s redesigns as they’ve been making them for 2 full years now.

Here’s my deal on an Odyssey. Others got better deals.

7

Look into what your buyout is and get quotes from Vroom, carvana and carmax. You may lose less than rolling payments into a new lease.

8

If possible, I’d consider a highlander. The lease is far better and it’s still a terrific vehicle for a large family.

9

I’m from MA too (also looking at the Sienna…currently leasing a 2017 Highlander which is expiring in May) and the fact that the Sienna is the only minivan with AWD probably played into his decision. I would never buy a 2WD in MA.