Input on this 2021 Highlander Hybrid XLE Lease

Ask the Hackrs
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1

I’m new to leasing, and still working my way through all the ins and outs of the process. I wanted to see if this was a good offer.

2021 Toyota Highlander Hybrid XLE
MSRP: $43468
Selling Price: 38121
Monthly Payment: $402
Drive-Off Amount: $947
Months: 36
Annual Mileage:10k
MF: .00217 (I think, dealer quoted 5.19%, higher than what I saw on Edmunds)
Residual: 72% (also higher than what I saw on Edmunds)
Region: Florida (Tampa)
Leasehackr Score: 9.3

I had to play around with the the calculator to match what the dealer quoted me. From what I’ve seen it seems fairly good, didn’t know how much room I would have to play around. Thanks for any input.

2

This may be through a different bank, which would explain a change in RV and MF. Edmunds can only provide SETF/TFS.

3

I thought that might be the case. When I checked on Edmunds, they returned .00151 and 66% - is it usual for numbers to vary this much between finance companies?

Also, after getting a detailed breakdown of the numbers behind the lease, there is a dealer incentive listed - is this something that can partially passed on into my lease?

Like I said, I’m new to leasing, so just trying to get a better idea what kind of variation to expect.

4

It is what it is.

Just eyeballing it, the higher RV more than makes up for the slightly higher MF.

Which bank is it? Do they accept MSD?

5

I figured the two might even out in the end - I didn’t get the bank info, though. I did check and MSDs are not available.

6

You would be around 385/mo on my deals but shipping kills it. There’s some room on the discount if that doesn’t include the $2000 incentive. I’m around 13% off msrp on my deals

7

@Jrouleau426 - what region are you in? I’m in NE florida (Jacksonville) and looking for a 2021 XLE Hybrid AWD.

8

@kwilla He is in Philly so it would be doable for you.

1 Like
9

Can ship it for like $700 or pickup free

10

@Jrouleau426 May I contact you to discuss?

11

I would take that offer right now! who is the dealer?

13

PM OP directly if you need info. This thread is 6 months old