anyone lease?
- Thread starter Shabetta
- Start date
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harper7
Senior Member
Cost more to lease now then to buy!
Shabetta
New member
Is this due to the market or the fact that its a new model?
fxoffroad
New member
Leasing
I plan to lease a 4Runner (and I currently leasing a vehicle). Ultimately it all comes down to the selling price of the vehicle. TFC is currently offering a money factor of .00255 which translates to about 6.125-6.25% - there is NO lease support (discount/credit) from TFC - which makes it a little less attractive from my standpoint.
When I ran the numbers, I found that if I lease for 3/36 and then purchase the vehicle at the end, it will cost more ($1,000-2,000). BUT that's based on current rates and such - who knows what will happen three years from now.
I'm in the process of selling my current leased vehicle outright and hope to pocket about 2K - market value less lease payoff. I don't have a crystal ball, but its likely the private-party selling price of the '10 4Runner will be higher than the residual value.
I plan to lease a 4Runner (and I currently leasing a vehicle). Ultimately it all comes down to the selling price of the vehicle. TFC is currently offering a money factor of .00255 which translates to about 6.125-6.25% - there is NO lease support (discount/credit) from TFC - which makes it a little less attractive from my standpoint.
When I ran the numbers, I found that if I lease for 3/36 and then purchase the vehicle at the end, it will cost more ($1,000-2,000). BUT that's based on current rates and such - who knows what will happen three years from now.
I'm in the process of selling my current leased vehicle outright and hope to pocket about 2K - market value less lease payoff. I don't have a crystal ball, but its likely the private-party selling price of the '10 4Runner will be higher than the residual value.
Atlanta_man
New member
it's called a fleece
