2021 Toyota Tacoma SR V6 4x4 - $3955 One-Pay

Ask the Hackrs
,
1

Year, Make, Model, and Trim: 2021 Toyota Tacoma SR V6 4x4
MSRP: $33,590
Selling Price: $32,036
Monthly Payment: $0
Drive-Off Amount: $3,955
Months: 24
Annual Mileage: 12k
MF: 0.00108
Residual: 88%
Incentives: $1250 lease cash
Region: MI
Leasehackr Score: 17.7
Leasehackr Calculator Link:

One-pay lease, calculator is a little off but my total is correct. I’ve given a refundable deposit for delivery on the 17th. It’s through TFS so I believe GAP is not included.

Looks pretty good to me, what’s everyone’s thoughts.

2

Moved. All questions belong in “ask the Hackrs”

3

Sorry about that

4

NP…

I’d do a couple things

  1. Search the forum. There have been some other deals shared and it’s worth comparing to those.

  2. See if TFS has a policy of prorated refunds for totaled one-pay leases. If not (combined with the lack of GAP) you may want to reevaluate

5

How did the MF get to .00108

1 Like
6

TFS MF is regional so .00208 less .00100 for one-pay?

Possibly buyrate was less than .00208 and there was a markup

7

You get a .00100 deduction for doing a one pay? Is this just for Toyota or all manufacturers?

Also, can’t you just add GAP through your insurance company?

8

Buyrate is .00208, no mark-up

9

It varies. IIRC for the Chevy Bolt in the fall it was -.00073 on a 36m lease (smaller deduction for 24m).

10

I looked around and mine seems extremely competitive for (technically) $164 a month all in. I will look into TFS’s policy but I know that I’m prorated with my Etron and Bolt. Worst case, my insurance (Progressive) offers GAP for $20/6 months

The best two I’ve seen are: 2021 Toyota Tacoma SR 4x4 V6 Double Cab $134/month, $1834 DAS and Signed: 2021 Toyota Tacoma SR V6 4WD - $142/mo - $0 DAS but I don’t have loyalty/college grad

11

Also if anyone knows - what key comes with this car? I’ve read a lot of conflicting info online

12

Unfortunately those are two different things. GAP protects you from having to pay the entire difference between the insurance payout and the balance on the lease.

It won’t pay you cash to proratedly refund your one-pay. So that’s a different risk you need to investigate.

13

Right, because there’s no “difference” between my insurance and remaining payments on a one-pay. I will research and update

14

The key is this style

image

15

Thank you!

16

You can’t get GAP with 1-Pay because you are essentially paying 24 months worth of payments at once. Toyota Rule

17

That’s fine. No one in their right mind would pay TFS pricing for GAP

18

Why? I pay GAP on my Toyota leases. GAP is like $545 on the lease?

19

I don’t need GAP but I do need to find out if I will be prorated by TFS in the case of a total loss

20

Toyota does not do GAP on 1-Pay. Region might differ though