2011 Oct 1st

Hey guys. Went in to buy out my '08 DoubleCab Tacoma at the end of the lease and ended up getting talked into a new 2011. I learned you get a wicked deal when you insist on keeping your original.

I loved and will really miss my old man, but this new guy.... *drooling*

My new 2011 next to my old friend, 2008. *sniffle*


I'm an old member, but can't remember my old info. It's nice to be back!

 

Welcome back!

 

Man I love both of 'em!! Gotta love Indigo Ink.

 

I have never leased before... It is something that I am curious about, could you share what a good deal is for a lease on a Tacoma?

 

Thanks, himmie.

Gr8WhiteTaco, Thx. I know I'll miss that beautiful look when the indigo ink was freshly polished!

Ndanger, my main interest was to have lowest payments possible for right now. Plan to buy him out at the end (if I don't get talked into a new one again) but I had 0=down they paid my last three and my first payment on my new truck. They took $400 off 7 year bumper to bumper coverage, free alarm, came with a tow package, back-up camera and only $259 a month. It's only 4X2 and no off-road, but I still think I had a good deal. I really wanted manual trans but they don't sell them in doublecab in socal. No complaints though, I love him!!!

 

Welcome back and nice truck!

 

Those are 2 colors that I can relate to... I just moved from a 05 Tacoma TRD (off road) PreRunner in Indigo Ink to an 08 Tacoma 4x that is the Silver color with the Sport TRD and hood scoop.

I like both colors and it is nice to try out silver this time around.

In the past I have tried to "pencil out" the lease thing and without a need for immediate tax write off instead of capitalizing the costs I was not able to make sense out of the cost of leasing.

I look constantly for a good deal on a Tacoma and it takes me 6 mo to a year to find a clean truck at a good price. What is with the high resale prices that people ask for their trucks? ps I look at most cities on CL from New Mexico to Seattle

 

Ndanger, lease works best for me as it's always the lower monthly payment. I still put some $ by each month to go to pay-off in the end of the lease, but having that cash on hand makes me happier in case I need it. It's a shame they still don't make the indigo ink color. I'm going to miss messing with the auto guys when they ask what color the truck is... couldnt' bring myself to just say 'blue'. I agree on your feeling on silver too, already went through our first rain so it's filthy but 10 ft away it doesn't even look it.

TioTaco, thx and I feel you on the miles. That is the reason I had such a great deal though, only had 16,102 miles on my '08 + I keep heavy seat covers so the interior is always pristine (their eyes bulged as they new they could offer me a lot and still get their money back from the sale - my last trade-in sold the day after it was put in the lot) I work at home. My Tacoma is literally mostly toy.

Took him out for another drive through the locals mtns again this evening. The sat radio worked the entire way, don't think I'll keep it up after the 90 days though. I didn't have the luxury of the MP3 aux in my '08, ipod is enough for me. Nice to have the option though.

 

DAMN you really got suckered in

Nice truck, old and new.

 

I had a lease on an FJ. It was the worst thing I have ever done. I wouldn't recommend it for anybody. The penalties they hit you with at the end of the lease make it not worth it and you don't even own the vehicle after you have paid it off. I ended up buying a new Tacoma (I wnated one anyway) just to use the FJ for a trade in to get out of the lease. Turns out they only gave me 11,000 for a trade in and I still owed another 5,000 to pay off the lease. Don't do it!

 

joel0787, thanks man.

cinch, whoa! What did you do to the vehicle??? Did you crank up the miles, ding the heck out of it and pour mud inside?? This is my sixth lease and they have never, ever brought up penalties. I had a couple scratches on one of the earlier ones, another was just over in mileage. Nothing. Leasing is the best way to go if you want low payments, but you must take care of it! What's that about not owning it after you have paid it off? That doesn't make sense.. If you pay it off it's yours.

 

I had a five year lease and actually traded it in after about three years so I still owed quite a bit on it. It also had over 80,000 miles on it as I drive quite a ways to work. I was told by the dealer when I leased it that once the lease was over I would have to pay any penalties for mileage, etc. and then If I wanted to keep the vehicle I would have to purchase it from them as a used car. I checked witha couple of dealers and they all said this was standard procedure. I thought that was a bunch of crap so I just got rid of it.

The vehicle was never abused, it was in very good shape except for the mileage and the odor of my dog who went everywhere with me.

By the way, I made a mistake when I said I still owed 5,000 to pay off the lease, It was actually about 3,500 dollars.

 

"If you pay it off it's yours". If that is so why would they make you pay penalties if they were going to give you the vehicle once you paid off the initial payments? If they give you the vehicle after the payment period if would just be a straight purchase and not a lease.

 

And why would you want a truck that took you 14 yrs to pay off because you got low payments and it took you twice as long.

It's called a "lease" as in "loaner". I understand you have the option on most leases to purchase the vehicle after your contract ends but why would you.
Besides, most leases I have seen lately are pretty close to what a regular payment would be on a vehicle and your not bound by a contract saying you can only put 12000 miles or whatever on the vehicle per year.

The only advantage I see to leasing is I guess you dont have to pay for mechanical repairs and insurance? is that correct? Like "leasing" and apt.

just my .02

 

I don,t know about most leases but I still had to pay for my own insurance and repairs/maintenance.

 

Oh.. ouch. Thats even worse.

 

Sounds like you answered that yourself on the penalties then. You signed a contract, you broke it with the excessive milage and your dog. Lease is still yours when paid off in the end if you stick to the contract. I have three big (but clean) dogs, but keep waterproof seat covers and double floor mats, clean often; can't even tell in the end, don't even use air fresheners. I guess it also depends on how lenient the dealer is and or if they want to make a sale or not. It's a shame they treated you badly not all dealerships are like that, mine certainly isn't.

I still have my '86 camry. 170,000 miles and still the first out of the gate on green. I go into a lease for the low payment, as I said before, I prefer more cash in my pocket each month.. always plan to buy in the end anyway. Toyotas keep going we all know that. No reason not to buy them at the end of a lease, unless you simply like driving new trucks -- or if you are offered sweet deals.

cinch has a crappy dealership. Not all are like that. I went over miles in one of my other leases and they didn't even mention it, too busy selling me a larger tacoma. To buy the payment would have been $499 a month, I am only paying $259 a month with my lease... There are good days to go in to buy or lease, depends on the given sale at the time.

And no. I don't have to pay for maintenance or repairs for the first few years of this lease. My first free oil change, tire rotation and inspection is next April. After that deal ends I still have the 7 yrs bumper-bumper which I received $400 off in the deal the night I bought him.

 

Actually, the lease was written as 5 years and a mileage allowance of 125,000 miles. The money I had to pay was just to pay off what I owed on the initial lease. I would have had to pay penalties only If I continued with the lease till the end. I still don't think you are given the vehicle after the lease period unless you pay extra to purchase it. It's a lease, not a sale. And I agree the dealership personnel are a bunch of A-holes. They don't care about the customer, only the money.


I'll bet the free maintenance was something you negotiated as part of the paid 7 year bumper to bumper.

 

welcome

 

Nice truck, the ride is better then ever. I walked out with a 2011 DC sport 4x4 LB two weeks ago when I went in to just check out the Tundra. You should have gotten the Toyota 2 year, 25,000 free oil changes and full required maintenance from the dealership on your new ride along with the other deal makers.