Thanks to this great community, Signing another deal for a 3 row SUV.
Highlander XLE AWD with Roof bars, Floor Mats Package(Dealer had some additional items like tint, Nitro Air, Door Safety, Cup holders for free but not added to MSRP).
MSRP: $42594
Selling Price: $37390.25 (AddedDoc Fee $499, DMV $29.25 and TPF - $185)
Negotiated Price was: 36677 (Rolled the above fees into this)
MF: 0.00085
Residual: 62%
LH Score: 10.4 Years
9 MSDs($3375) and First Month payment($359) DAS
Toyota Also has 2 Years 25k Miles free maintenance program
How did I fare? Had to put in lot of negotiations to get the price down (getting quotes from different dealers). Negotiated the price before hand and rolled the Doc fee in the dealership…
Thanks. Do you mean gap insurance in case totaled? I did not. They pushed for the maintenance plan though. Even though Toyota has 2 years free maintenance they mentioned that 30k miles service is must and it will be $520 or so and offered for $300 or so. I had gone for it, as the deal was good and I don’t have to worry about anything else. Signed the deal overnight and picking it up later today as it was little late yesterday.
In effective, including everything, it came out $349 incl tax. I put down the Doc fee and TPF also upfront to make the payment around 350.
Yeah Toyota’s don’t have gap so you might want to call your insurance and add it. Just do an oil change at 30k, skip the overpriced service which usually consists of allot of inspections and maybe a cabin filter change
Oh is it? When I asked the finance guy he told me like it is mandatory to do the recommended 30k service even if I did not hit 30k by end of the lease and they will charge, if I did not do the service. SO I kind of fallen for the trap. dang it!
Ha, what a liar. That’s a new one, pretty amazing what those F&I guys will say. I had one try to tell me that VW is really tough on wear and tear and that he even gets the W&T coverage on his own lease, those guys are always trying to put the guilt trip on you. Oh and both my VW lease returns had no charges, scammer
Thank you all. I was able to return the service protection plan and no hassle. He said that the refund will happen towards end of the lease as adjustment or something and not as instant refund to my CC. I signed a paperwork to confirm the cancellation and handed over the maintenance contract back and he put them along with my other paperwork.
You were right. The gap insurance was like 895 or something. Crazy. My insurance asked for extra $11 bucks for this for 6 months. I will get it from insurance. Also is this required for my another BMW X2 loaner? I dint get it for the other one too.
Yes, that’s what he told me unless he was wrong and Toyota sends me a check or refund my credit card(I had paid some fees upfront which can be refunded to my credit card). Donno
That is great deal in my opinion. No, Toyota doesn’t have GAP included. Their own is very expensive, add it to your regular insurance, should be in the range of $30 for 6-months max. With that kind of discount and the way these cars hold their value you’ll be probably able to drop the GAP insurance in about a year, year and a half max.
The bimmer includes gap, Toyota is like the only mainstream make that doesn’t include it, cheap bastards. It’s probably just more hassle for them, I’m assuming some large group of dealers like it because it’s a profit center.
