Was wondering what’s everyone doing that got those insane tundra lease deals 2 years ago with us bank ?
Lease is running out in couple months , but with the low payment my buyout is still 36k plus tax for the SX model . I was reading that the tundras have one of the highest resale value, so thinking buy it and wait till
Market stabilized or sell it and lease something ??
What’s everyone else doing with there’s ?
I extended my SR5 till September I wanted to get the new Tundra, but it doesn’t look like I have equity in it to make up for some of the high lease payments. Really difficult to find a good deal during these times.
I think tacomas are still semi decent.
I’m very curious about other people’s options. I have a sr5 through us bank with a pay off of $39k (tax included). I went and looked at a new tundra and the dealer said it was a hassle to deal with us bank and he didn’t expect me to have any equity to use toward a new tundra.
I called and talked to a very nice us bank rep. She said that The payoff is for me only. The dealer would pay something different. She explained that there are 3 amounts to “pay off” the lease for trade in.
So, not sure what I’ll do, the best financial option is to buy, but of I can get a good deal on another truck through us bank (barely care about the model at this point) I might do that to save some hassle. Unfortunately though, I haven’t seen any us bank deals come though these forums at all, and I have no real way to check without calling dealers individually.
And it also looks like tundra values are dropping a bit now as well. I’m seeing my exact truck sell for $45k which is a bummer because that equity I had in the truck is fading pretty quickly.
The car market giveth and taketh away thy equity.
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