Picked up my new Tundra today after getting laughed out of another dealer on Friday on the one I really wanted. I think this was a pretty good deal. I did some research to find that the SR5 5.7L CrewMax has an 80% 24mo residual at 12k through US Bank. Got one of the dealers to sell me the one I wanted at about 10% off MSRP before the $2000 rebate and walked out at $310 tax in after adding the Tire and Wheel for $250 and rolling it in. I’m sure there may be a better deal to be had but I feel great about this one! T
Did you price any other trims? Curious to see if the US bank rates on a Limited were comparable or if the SR5 was the sweet spot. I know in the past Tacoma residuals through 3rd parties were even higher for manual trans. Congrats on the truck and deal.
Really nice deal. Maybe an off topic question but what kind of wear and tear is allowed with truck beds? I would be scared to use a leased truck for any serious hauling. I’d be scared with US Bank especially.
This will be my third lease with US Bank and I haven’t had any real trouble with returns. The Tire and Wheel coverage also covers cosmetic wheel damage pointless dent removal on the whole truck and windshield repair (weird but true). The truck came with a bedliner. I have a free car from work so it will likely have very low miles and it’s only 2 yrs so not too worried.
The deal was on this specific model…SR5 5.7l CrewMax 4x4…all the other residuals were lower and on a 48k MSRP and a short term lease, a few % make a huge difference. For example, I ran my own numbers on $43500 double cab and came up with almost $100/mo more
Yes, this is specific to US Bank. The US Bank residuals and money factors were better through them than TFS “incentivized” lease. The real kicker is the $2k rebate…you don’t get it if you go through TFS but leasing through US Bank is just like any other outside financing or cash deal where the rebate is applicable. You just need to call the dealers around you and see who uses them…depending where you are in the country, there may be no one