We’re in far SE Wisconsin, Chicago Market.
We unfortunately need a vehicle, and with used car prices at a crazy high level and so many bad lease numbers I set out to find at least some value. After trying a lot of options we eventually found the 2021 Venza.
The Queen loved the vehicle, and preferred the LE trim- she disliked the XLE’s 12” touchscreen and lack of knobs and buttons, and wasn’t thrilled with the Softex pleather. BTW all Venzas are AWD and hybrid.
It turns out the LE leases fairly well right now if you can get a decent discount off of MSRP. Unfortunately, most of the dealers I contacted were stuck at MSRP, with a couple topping out at about 4% off. The other problem was the lack of LE’s to choose from, as there was much greater stock of XLE and Limited models.
We found her a white one and wound up at 3.93% off MSRP with lease terms I can live with. 9 MSD’s helped a ton. So does real-world upper 30’s MPG.
Originally, the deal was 36/12 with the same monthly, but we increased the mileage to 15k, and the monthly stayed the same with a $750 down payment. I know. Don’t put a down payment on a lease. If you would like to discuss it with Poopsie I’ll provide her number.
We also had an A+++ dealership experience, feel free to message me if you’d like details.
It’s not my single-pay $5,656.58 Bolt Premier lease , but it’s not the Lease of Shame I was expecting.
Year, Make, Model, and Trim: 2021 Toyota Venza LE
MSRP: $34,070
Selling Price: $32,730
Monthly Payment: $ 315 inc tax
Drive-Off Amount: $ 1,716 (First Month Payment, Down Payment, Dealer + Govt Fees, Taxes)
Months: 36
Annual Mileage: 15
MF: .00106 ----> .00034 with 9 MSD ($2,925)
Residual: 64%
Incentives: $750
Down Payment (sorry!): $750
Region: Chicago
Leasehackr Score: 8.4 years
Leasehackr Calculator Link:
