2010 Tacoma Sport Pricing

Hows it going? Been searching the forum for some time and plan to hop into a tacoma when my current lease is up in 5 months. I went to a dealer yesterday just to check out tacomas to salivate a little when I was told toyota would take in my lease early if I wanted a tacoma now. I was looking at a 2010 tacoma DC sport(super white of course). List price is $30885. Im not into paying interest which they only offered 5.99% and I have excellent credit. So they offered a lease of $2500 down $399 a month for 36 months which I would buy it in the end to avoid interest payments and save up the money for 3 years to buy it out. I didnt even negotiate with them and plan on doing that when I go back in monday. My question is how much are dealers moving on the list price on these? Also im figuring with the initial tax/money down, total lease payments, and buyout in the end I want to get that to equal the list price of the tacoma or less to be a good deal. Let me know what you guys think. I originally went to look at a reg cab or access cab 4 banger but theres no way after seeing and driving the DC sport.

 

I paid $26,920 about 2 months ago, with the recall getting worse u should be able to get a better price

 

May not be the best person here but will try to answer some of your questions.
Purchasing a truck you are likely to see a larger discount over the list price -vs- leasing. You have your credit and down so their is some flexibility, although with Taco's not too much. Bought mine in November and with all the goodies list price was into around 34,000ish. I seem to remember paying around 31,300.
Anyway, with a lease they typically set the price and don't negotiate much. They figure if your leasing, you can't afford either a large down or large monthly payments. So the residual price of the vehicle at the end of the lease can sometimes be more than you want to pay to purchase. Also, typically you are limited the amount of miles you can put on the vehicle per year (around 12,000-15,000). Anything over and you can expect to pay for at the end of the lease. This usually can be negotiated a bit.
I will say, if your gonna lease, you may as well get what you want as far as models and equipment. Also, sounds as if you currently have a lease so you are already into this.
I did at one time lease several vehicles over the years. Seemed good at the time cause I got something new every couple of years. But in the end on the last vehicle I decided to purchase and have followed that path of late. Good luck. Ken

 

On lease payments, interest is figured in. You can negotiate lease payments as well. Tell them you want to buy at invoice. Get that price then ask them how much lease payments would be at that price. They start out with selling price to figure out lease payments. If someone goes in there and just asks for lease payments, they will base it on sticker and make it sound attractive because all they have to do is sell a payment. I hope I made sense.

 

$27,236 3 months ago. I made them figure all the Buy vs. lease options and found it to be less for 60 month 5.99 w/ 6k down. The lease has you paying more all together. Even with having all the cash upfront at buyout time. If you can afford to save all that $ while making the lease payment just do the 60 month.

 

You can get better interest through a credit union or bank. Get pre-approved and it's like having cash in hand. Never pay what they initially ask. Might be harder with no money down or trade-in. But you can do it.....

 

Thanks for all the replies. I definitely want to own the tacoma and use it until it dies. The only reason i'm considering the lease is cause the payment will be low for 3 years giving me plenty of time to save the remaining cost over 3 years to just pay in cash and I will avoid the 5.99% interest unless I do a credit union or other bank. I wasnt expecting to have the option of getting the taco now so I didnt negotiate too well but I am going back tomorrow ready to make the deal if they come down on price and the total cost will be under sticker price in the end. I could tell the manager at the stealership was bsing me a little cause when I asked what price he was basing the lease off of he said he can maybe move $5-$10 less a month. So I am going back tomorrow with my bro who also loves to argue with dealers and if it all works out pics will be up soon and the mods will begin. Thanks again.

 

Good luck and remember, a general ballpark for lease payments is around $30/month for each $1000 (3 yr lease). Example would be if payment is 300/month with 3000 down, if you only put 2000 down your payment would go up to 330. That 5-10/ month, he is only moving the price of vehicle 160-335 dollars. I know these things because I use to sell at a Toyota dealership.

 

You'll definitely pay interest if you lease a vehicle, and it will probably be a higher percentage than the 5.99% you were quoted for the purchase. When you lease, you are paying for the depreciation for the lease period. There is a money factor applied to the basic payment by the lease company. If you can find out the money factor from your dealer, just multiply that by 2400 to figure out the interest rate you will be paying for the lease.

 

So I made the trip back to the dealer with numbers in mind. The lease to buy was out after seeing how much more I would pay in the long run. So the numbers I wanted could only be accomplished with 0% apr which they were not offering. So I got the truck for $28k at 4.39% apr with 2 truck details and my last payments on my current lease were a wash. I was satisfied I got the best deal I could with them taking my lease and planning on paying it off early I wont deal with much interest. Let the mods begin!

 

paid 25k flat before fees on an access cab manual sport. list was 30,500 before instant $950 off. so sticker msrp of 29,600. no 0% on tacomas right now. my FICO is 785. best i could get was 4.4 through a local CU they use.

definitely more haggling room now. last taco i bought was a couple years ago during the buy back...dealer didnt want to budge at all back then.

 

didnt even see your last post NJ...virtually same interest rate...seems like thats as low as toyota dealers will go before the 0% mark.

 

I purchased my Taco back in Sept for $28,860 and through my credit union i was able to squeak by with a 4.5% interest rate with good credit. Putting $11,500 down my payments are $406 a month, at 48 Months. Go with what would be comfortable for you... and watch out, some of those dealership/car lot salesmen are like vultures!


-Edit-

Grats on the new ride!

 

Gratz on new truck. Should have listened and got pre-approved, would have saved you a point.

 

i bought my 2010 sport DC short bed back in novemeber for $26,003.00. interest rate is 4.5% i put down $14k. got a 6 year and payments are only $240 a month but i pay $600, to get it over with sooner. the reason i did the 6 year instead of 3 is because im buyin my second house and need low payments in case times get rough. good luck!!!

 

Yea I'm happy with what I got. Now the toughest decision is whether to buy a bed cover, grill tech, tint/remote start, etc....where do I begin haha and I blame everyone on here for this lol

 

just purchased my 2010 dc trd sport 4x4 for invoice....msrp was 30840 invoice was 28100 got 4.25 on 72 months through toyota 15000 down 250 a month with a 6yr 100,000 mile toyota warranty included