This is my first lease negotiation and I wanted to see if I can get some help here. The numbers that the dealer gave me don’t seem to add up with the Lease Calculator. Let me know if anyone has advice on how to negotiate the best deal.
80211 Denver, CO
2019 Sienna XLE Premium
MSRP: $44,669
Cap Cost: $40,628
Delivery and Handling Fee: $499.50
Fees: $26.94
Tax: 8.31% $1,675.55
Customer Cash: $1,500
Total: $41,329
Residual: $23,675
Lease Terms 36 months/12K
Money Factor: .00124
Payments with Money Down:
$1,500 down monthly payment $596.12
$2,500 down monthly payment $566.37
$3,500 down monthly payment $536.63
$4,500 down monthly payment $506.90
2019 Toyota Highlander XLE
MSRP: $42,594
Cap Cost: $38,339
Delivery and Handling Fee: $499.50
Fees: $26.94
Tax: 8.31% $1,312.95
Customer Cash: $1,500
Total: $38,678
Residual: $26,834
Lease Terms: 36 months/ 12K
Money Factor: .00155
Payments with money down:
$1,500 down monthly payment $461.18
$2,500 down monthly payment $430.98
$3,500 down monthly payment $400.76
$4,500 down monthly payment $370.55
Again, this is my first lease negotiation as well as first post on here so let me know if there’s more info needed or any suggestions on best steps from here to get the best deal.