I just picked up a BMW service loaner and am thinking of getting rid of my 2017 Tacoma. It’s a great truck and an incredible deal, but I don’t drive enough to justify keeping an extra car around. I’m posting here to see if anyone in the Northern Virginia area is interested in taking over my Tacoma lease before I put it up on Swapalease or Leasetrader. The truck is in great shape, only has about 2,100 miles on it, and is well-equipped with the factory tri-fold tonneau cover, V6 tow package, navigation, TRD shift knob, and a few other accessories. The $225 payment includes Virginia sales tax, which I rolled into the lease. None of the Virginia dealers I talked to over the summer could get anywhere close to that price, so I actually flew to Ohio to get the truck from a dealer who leased through US Bank.
There are 30 months and about 27,900 miles left on the lease, so you’d get a little over 11,000 miles per year. I am not looking for any money down. You’d just be responsible for US Bank’s $150 application fee, $500 assignment fee, and the future monthly payments and the $395 disposition fee.
Here is the breakdown of the original deal:
MSRP: $36,251
Selling Price: $33,383.55
Months: 36 (30 remaining)
Annual Mileage: 10,000 (~11,170 per month for remainder of lease term)
Money Factor: .00135
Residual: 84%
Total Due at Signing: $700 (paid some inception fees up front; not looking to get these back on the transfer)
Monthly Payment: $225 (includes VA tax of $1,385.42 – 4.15% of selling price)
Leasehackr Score: 15.2
PM me if you are interested. Thanks.
I haven’t requested the current buyout. Between the 84% residual, remaining payments, and fees that US Bank tacks on, I’d expect it to be more than the truck is worth. The lease end purchase option is $30,800.84.
Yeah, shipping to California would probably be pricey. I’d prefer to transfer the truck within Virginia if possible, but I’d be open to transferring it out-of-state if whoever assumes the lease is willing to come pick it up.
If this were an automatic this truck would be gone already, may be a little tougher with the manual but im sure you will find someone in no time. Have you put it on any of the toyota forums?
I haven’t – that’s a good idea. I have a couple of people interested but I will definitely do that if no one decides to go ahead with the transfer in the next day or two.
