I never thought I would lease a vehicle, any my only other previous experience was helping a friend lease an Xterra when they were giving them away in 2008. Kind of hard not to jump on the bandwagon at these prices.
It seems like they aren’t using the lowest MF when I try to reconstruct payments, although I’m happy with the price, so I suppose that’s all that matters. After reading some other threads it looks like there’s a question about line E needing to be at least $2500?
If that line isn’t an issue I think there’s potential to drop the payment even more, however I spent less than 5 minutes on the phone through the whole process and couldn’t have had an easier experience.
This is one part I don’t understand. So the residual is based on MSRP, and if the dealer gets the negotiated price low enough then the depreciation line will be too low. Shouldn’t that only occur if the bank doesn’t have the residual correct? I’m curious what the dealers cost is on some of these vehicles, but it seems like it’s low enough they would have to raise the price just to meet finance requirements. At that point they could still write you a check if it would be allowed, to satisfy the bank and the customer.
I went to Edmunds to find rebates. KS/MO and I think KY were all offering 3k. I’m sure plenty more were but those were states I had reasons to go to. I would send an email/phone and ask if they use usbank and then follow up if they can do xxx price. One of the recent threads had a great post with all the MF and residuals for every toyota. Tundra and Tacoma Leases in Texas!
