Signed : 2021 Toyota Highlander Limited

Closed a deal on Toyota highlander limited decently loaded.

Year, Make, Model, and Trim: 2021 Toyota Highlander Limited
MSRP: $ 50095
Selling Price: 45095
Monthly Payment: $ 616 (added GAP protection)
Drive-Off Amount: $ 1475
Months: 36
Annual Mileage: 10k
MF: .000245
Residual: 32350
Incentives:
Region: SoCal
Leasehackr Score: 7.5 (calculator is little off)

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Congratulations! Did you get GAP through the dealer or get quotes from your insurance?

Also, which bank did you lease the car through?

geico doesn’t provide gap so went with dealer .

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Out of curiosity, if the vehicle is pretty close to instant equity, why get GAP?

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Total waste of money. See if you can cancel immediately

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What he said!!

I don’t think you can cancel gap

I’ve canceled GAP with TFS before. I believe if it’s still the same terms you can get 100% refund in 30 days and prorated after

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Cancel Gap

This is more for my edification but how did you calculate instant equity from OP’s description?

Thanks!

I did not run any calculation, it was based on the OP’s previous threads where he/she was asking about whether the 2021 Highlander Limited was a good deal and their plan to buy it and then flip it in a few months predicated on the assumption that with the $5k discount that the vehicle has instant equity.

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