Looking to replicate a few of the recent Tundra deals. If anyone has the data on top of their head, I’d appreciate it, otherwise I’ll research several threads when I’m available tonight.
I’ve been reaching out to dealers. Getting close. Here are my questions:
I think most of the Tundra deals are being done through Ally right now. If I was going to go through a non-captive bank for financing I would go through Ally, there are horror stories about people getting gouged at lease end by USB though YMMV. Neither has an MSD program.
You can do MSD’s through TFS (maximum of 9 I believe) but to do so they are deducted from the standard MF, which for my region is .00265.
As for data there is a wealth of threads all over the board for Tundras, plug in ‘Tundra’ to the search bar and you’ll have all the data points you need. You can also look at some of the deals registered brokers or dealers are providing and try to replicate it on your own if you want.
can’t speak for Ally Bank but US Bank will be very picky at lease return wear and tear.
Do you guys know how TFS calculates the price of MSDs? LeaseHackr calculator tells me that 9 will cost $3,375 but dealer is claiming its $3900?
Here are the first numbers I got back:
MSPR: $50,XXX
Sales Price: $45,XXX
Months: 36
Miles: 12
Residual 70%
MF: .00142
Pre/Post: $426/$457
Drive Offs: $1,026
Down: $0
Apparently this sales price includes the $3,000 customer cash offer, which tells me he isn’t discounting it significantly enough…so I’ll start there.
He claims this dealership doesnt work with ALLY, not sure if that is true. Any ideas of how much better RV would be if I could use Ally?
Where else I plan to push: MSDs
Try 36/10 and 24/10 instead of 36/12
In my mind dealer should be giving me 10% off BEFORE the $3K cash incentive. That alone would get me to $329/$352 + MSD = $272/$291
Is that MF correct? You need to use standard rate to be able to apply customer cash. Im not sure what current std rate and incentivized rates are for TFS. Will let someone else chime in on that.
Good catch - he told me that this was the promo rate which is why the $3,000 wasn’t in these numbers and that the .0014 was after the MSD as well. Getting base numbers now on edmunds to make sure he isn’t jerking me around on MF
recently just leased Crew Max Tundra Offroad for 282 a month for 282 total down at signing. 24/10 , 47250 msrp … US Bank deal
@jlbradshaw117 if you don’t mind could you post screenshots of the lease contract, just delete all the personal info the VIN, address, etc.
I would like to give this to a dealer and ask for the same.
Thanks
Sure. Picking up today or tomorrow. They have to dealer trade for the truck.
Thanks @jlbradshaw117 yeah I figure with the numbers completed this should make it easy for a dealer to replicate…
This is the best offer I have so far - not making a lot of progress because everyone wants to use TFS - nobody so far will work with Ally:
Discount should be 10-11%. The incentive is taxed. You have it as untaxed
TFS will never be close
You need to find a dealer that uses Ally
In some regions, no one uses them for leasing
What State are you in?
Secondly, Tundra leases are so great right now forget about MSD as it is not needed.
Bear
How do you figure?
After you negotiate 11% off MSRP and considering the additional rebate of $3,000 a 2 year lease with 15,000 miles per year (30k total) should be in the neighborhood of $250 a month with $600 down.
Bear
What does that have to do with not applying MSDs?
The deal is so sweet just put the money to work somewhere else.
Bear
With a deal that sweet, your return on the MSDs is going to be even higher, making it far more difficult to have the money be more productive elsewhere. This is the kind of situation where it is even better to apply MSDs.