Leasing TRD Pro

Was wondering if anyone had leased their TRD pro? If so, what are your monthly figures looking like, and how much did you put down?

The dealership I’m currently working with seems to be trying their hardest to confuse me, and eek out as much money as possible. They came back with what I believe to be some pretty unreasonable figures. Especially comparative to what I’ve come up with while using a lease calculator.

Thanks for any and all replies.

 

Your numbers will vary depending on the length of the lease, the amount you put down, and the mileage allowance.

 

Leasing a Taco seems like throwing money away, what with how they hold their value.

 

They are probably wanting to avoid leasing you a pro for the reason they know that the pros basically sell once or even before they hit the lot so they would rather get it sold the leased quicker profit

 

It's not if you plan on refinancing after the lease, it's a good way to get monthly payments lower

 

Makes sense. I paid cash up front for mine. I hate payments.

 

Dealerships would rather lease, they get MSRP without any haggling, and with the residuals being so high, you should have much lower payments. Do not put any money down.

 

Buying after your lease is up, isn’t a good idea either, you are basically paying full price for the truck. If you lease a pro, for 3 years, your payments will be higher if you decide to purchase after the lease, unless you put a bunch of money down. Also, when you do buy after the lease is up, your loan will be based on a used car, making your interest payment higher.

 

Doing their job. Which will never be in your best interest.

You might pick up a copy of "negotiate this" at your library. It could help.

 

That’s certainly true, and of course there’s many variables when it comes to the terms of a lease. I’m just trying to get a general idea though.

They actually do seem quite eager to lease it. The vehicle had a deposit on it, but the potential buyer backed out.

That’s indeed my plan.

Ideally that’s what I’d like to do as well. It’s not currently an option because of an upcoming move (which the taco will be helpful for).

 

Of course, and I certainly understand that aspect of it. Some of this is new to me as I’ve not leased a vehicle before. Only purchased outright or financed. I appreciate the suggestion, and I’ll see if I can find the book. Never hurts to learn more.

 

i am not sure if you are saying your paying for the price of the car after the lease is done.

I usually lease, but I go through a lot of cars.

say you buy your car (Tacoma for 30k) nothing down 3 yrs and $500 a month lease payments you end up paying $18,000 over that 3 years. your truck "OWED" value will not be $30k it will be $30k - your $18k you put into that truck. but that being said that will not include taxes and fees from dealer.

now the good thing about the Tacoma they have great resale value, so after 3 years your car (Tacoma) will be $12k plus fees and taxes, you can loan buy out or loan for that amount to buy it out.

ps I know a pro is not 30k, just used as a number.

 

Purchase a OR or lower grade model then sell it once it's paid off.

 

Huh? You know you still haggle a lease right? Its based on an agreed upon purchase price which you and the dealer discuss, same as finance

 

To much misinformation on the thread, as is usual in the leasing world.



Own a 17 PRO, outright. Leased a 18 yesterday for my farm/business.

If you can, do MAX MSD. Will significantly lower your money factor. Additionally you can do ONE PAY lease like me, will lower your money factor even more. Negotiate like your life depends on it. I never go in and tell them whether I lease or cash buy. I negotiate truck first. 26400 MSRP. Paid 22,200. I negotiated with 19 dealers over a 2 week period. 313 total emails. Never set foot in dealerships. Last minute, told them lease. They gave me Tier 1 money factor. Then I said what if I do MAX MSD or ONE PAY. ONE PAY was cheaper.

Also if you are with Toyota dealer, you can lease through TFS or US BANK. US Bank rates are Better, BUT they are sticklers on return. You can buy wear and tear for $400 for term of lease. or you can go TFS< they are easier.


My lease is 228$ a month. 15K miles. 36 months. Its a farm write off, will go back to them in 36 months. Total cost for me is 0 down, $8208 over 36 months. Due to my one pay, I did $7800. Done. No payments, return truck at 45K miles, no maintenance costs, and full write off.

If you are smart with your negotiation, you will see in 3 years you can beat the residual of the truck. You can sell it outside, and make $$$, which makes your truck lease payment even lower

Good luck.

 

...That.........and thats my plan as well......after 3 year lease is up buy it out and keep it if I like it or sell it if I want something newer.....

 

I'm too far into modding thinks thing to sell it lol not gonna spend a week talking all the mods off just to sell it

 

Thats no different than financing

 

Huh?

 

Yes, I totally misworded what I wanted to say