Deal Check - 2020 Toyota 4Runner SR5 Premium

Ask the Hackrs
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Hi all. Looking to get some input on this lease. I realize its likely better to buy a 4Runner, but I’m looking to avoid a massive loan as I prepare to purchase a house in the next two years.

Location is WA

SR5 Premium 4x4
MSRP: $42,375.00
Selling Price: $40,240.00
Trade: $2,529.00 (from positive equity on current subaru lease)
Adjusted Cap Cost: $38,361.00
36 months 12,000/yr
MF: 0.00145
Residual: 65%
Total Monthly Payment: $419.79
Amount due at start: $583.79 (FMP and DOC/License fee of $164)

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Sorry to break the bad news, this is a Dealer/Bankers dream.
-This does not look like a U.S. Bank lease as the residual is terrible, should be more like 73%+.
-Shop around and try to get a 12% discount.

Bear

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hello fellow Washingtonian. did you check the 4Runner Edmunds forum to see what the buy rate MF is along with the incentives? did you try selling your subaru lease to Vroom? gotta think they’d give you more than Toyota would