Helpful info from one of those damned salesman!!!

Hey guys and gals...quick background. I have been in the automotive sales world for about 11 years now. but believe it or not I like to be HELPFUL...crazy theory I know...

Anyways. So heres what most people know. The Tacoma has a CRAZY high resale value.

Toyota financial services will do a pretty decent job leasing these trucks as the risk isn't that high for them on the lease turn ins. What I mean by that is that when the person turns the vehicles back in, they auction them off to the dealers and aren't taking a beating on them.

Now heres the "inside information"...a lot of larger local credit unions are getting into leasing. Especially with the high resale brands such as Honda and Toyota. This can be a great thing if youre interested in leasing. So with a lease, the higher the residual value, the lower the monthly payment. This is FANTASTIC for the person that is going to lease and then turn the vehicle in after three years. You don't care what the buyout is because it doesn't affect you. CAUTION. If you plan on leasing and then buying it out afterwards(I don't recommend this as it will cost you a lot more in the long run), then the buyout at the end will be higher than a Toyota lease. Residuals adjust every month so its kind of a game to catch them where you need them.

Go to the dealership and negotiate your deal, like you would on a standard purchase. Then call your local credit unions, give them the vehicle information, and see how it comes out! I have personally set up lease payments through the credit unions that come out $125-$150/month cheaper than the Toyota Financial Services lease program!

Hopefully this helps someone who is on the fence about being able to pull the trigger on one of these amazing trucks!!!

Jeff