2021 Toyota Highlander XLE 2WD - TEXAS($359!)

Title: This is my first 8 seater SUV!!!

Year, Make, Model, and Trim: 2021 Toyota Highlander XLE
MSRP: $43590
Selling Price: $ 37076.47
Monthly Payment: $ 359
Drive-Off Amount: $ $359 ( due at signing was $1859 where $1500 was coming from rebate provided by US bank)
Months: 36
Annual Mileage: 15k
MF: 0.0007
Residual: 58%
Incentives: 1500
Region: Texas
Taxes: 0%( Tax credit- 1.25% tax is added to agreed upon selling price)
Leasehackr Score:10.0
Leasehackr Calculator Link:


Congrats! Enjoy the new ride

You’ll need the rest of the contract to fill it out as well.

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Congratulations! Enjoy the car.

Thank you so much

Thank you so much!

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Strong discount & beautiful color! CONGRATULATIONS! Enjoy your new ride!

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Can you share options, packages etc? Were tax credits used?

Thanks a lot Ajay!

MSRP: $43550
Selling Price: $ 36624
Monthly Payment: $ 359
Drive-Off Amount: $ $359
Months: 36
Annual Mileage: 15
MF: 0.00115
Residual: 60%
Incentives: $1500.00
Tax Credit: 1.25% per US Bank

And you are welcome! It is a unicorn deal!


Its a standard XLE package

Yes… tax credit through US bank

Note- through US bank the disposition fees is slightly higher $395 as compared to $350 with TFS

Thank you! I was missing RV(58 against 60) & MF

Congratulations, by the way! You did it!

Nice! Unicorn deal maker over here, with one in 2020 and one in 2021

Thank you so much!

So question for this deal and I guess the Texas deals, 1.25% tax credit how does that work exactly?

Is this factored into the pre-incentive amount or does this apply as a discount on the total lease cost?

Texas has something called “L&M” and use that to leverage tax. For US Bank, it’s 1.25% and for Ally, it’s 1.5%, and for Toyota, it’s 1.00%

And this applies as discount on the total or “post incentive”

Crazy deal !
You nailed it. Didn’t know that’s something like that even exist. Texas credit.

so the credits only cover some of the tax correct? Can you share what the total taxes paid were?

The taxes are paid at the percentages he posted (on the selling price)

So 1.25% x $40,000 for example