October 2008 Lease Rate for 08/09 Toyota 4Runner

My Take: Alright, the 08 4Runner is looking like a decent lease this month due to the $2500 customer cash that’s available on it. The bad news is that you can’t combine it with the special financing that’s available. By special I mean 0% for up to 48 months and 0.9% for up to 60. That’s pretty special if you ask me. Folks, Toyota is offering some seriously CRAZY financing right now so its a good time o BUY your car as well (if you aren’t too worried about resale value of course). If you are, then lease away!!! It’s not a bad time since MF is low and there’s $2500 cash to offset the low residual value. Keep in mind that the numbers I’m working with below will include the $2500 discount into my calculations.

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  At Invoice At MSRP
Make/Model Invoice MSRP 24-month 36-month 24-month 36-month
08 Toyota 4Runner SR5 V6 AWD $29,950 $33,450 $431 $360 $580 $460

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.
  • Cars ranked from lowest payment to highest payment.
  • Yellow boxes denotes “lowest” lease payments for each car.

2008 Toyota 4Runner SR5 V6 AWD
24 Month – Residual 54% of MSRP – .00060 Base Rate
36 Month – Residual 47% of MSRP – .00060 Base Rate
48 Month – Residual 39% of MSRP – .00265 Base Rate
60 Month – Residual 31% of MSRP – .00265 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Toyota 4Runner Sport V6 AWD
24 Month – Residual 56% of MSRP – .00265 Base Rate
36 Month – Residual 49% of MSRP – .00265 Base Rate
48 Month – Residual 42% of MSRP – .00265 Base Rate
60 Month – Residual 34% of MSRP – .00265 Base Rate

2009 Toyota 4Runner Limited V6 AWD
24 Month – Residual 56% of MSRP – .00265 Base Rate
36 Month – Residual 49% of MSRP – .00265 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 32% of MSRP – .00265 Base Rate

2009 Toyota 4Runner SR5 V6 AWD
24 Month – Residual 56% of MSRP – .00265 Base Rate
36 Month – Residual 49% of MSRP – .00265 Base Rate
48 Month – Residual 42% of MSRP – .00265 Base Rate
60 Month – Residual 34% of MSRP – .00265 Base Rate

2008 Toyota 4Runner Sport V6
24 Month – Residual 54% of MSRP – .00060 Base Rate
36 Month – Residual 47% of MSRP – .00060 Base Rate
48 Month – Residual 39% of MSRP – .00265 Base Rate
60 Month – Residual 31% of MSRP – .00265 Base Rate

2008 Toyota 4Runner Limited V6 AWD
24 Month – Residual 53% of MSRP – .00060 Base Rate
36 Month – Residual 46% of MSRP – .00060 Base Rate
48 Month – Residual 38% of MSRP – .00265 Base Rate
60 Month – Residual 29% of MSRP – .00265 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

0% financing on 11 Toyota models

PRESS RELEASE:

Toyota Announces Zero-Percent Offer

TORRANCE, Calif., Oct. 2, 2008 – Toyota Motor Sales (TMS), U.S.A., Inc., today announced a zero-percent interest rate offer on eleven Toyota models for qualified buyers. Expiring November 3, 2008, the loan offer varies by model, with terms ranging from 36 to 60 months.

Taking aim at the credit squeeze which has sidelined many of today’s new-car buyers, the attractive offer is unprecedented for Toyota.

“Not only do we have the inventory of today’s sought after fuel-efficient models, but we have the capacity through Toyota Financial Services to finance or lease them,” said Toyota Division General Manager Bob Carter.

The Toyota models qualifying for this offer are: Matrix, Corolla, Camry, RAV4, Highlander, FJ Cruiser, 4Runner, Sequoia, Sienna, Tacoma and Tundra.

September 2008 Lease Rate for 08 Toyota Highlander & 4Runner

My Take: There is some cash rebates available for the 4Runner and the Highlander. With the 4Runner getting a $2500 rebate and the Highlander $1000. Low MF and the rebates help offset the uninspiring residual values. The 4Runner seems to be looking better than the highlander. Without options, you’re looking at mid-$300s after taxes for 36mo/15k. Add a few options and drop to 12k per year and you should be a well equipped 4Runner at around high-$300s after tax.

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At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Toyota Highlander Sport 2WD $29,895 $435 $360 $576 $455
  • MSRP $29,895 ($30,895-$1,000)
  • Invoice $26,578 ($27,578-$1,000)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Toyota Highlander Sport 2WD
24 Month – Residual 55% of MSRP – .00081 Base Rate
36 Month – Residual 48% of MSRP – .00081 Base Rate
48 Month – Residual 40% of MSRP – .00265 Base Rate
60 Month – Residual 32% of MSRP – .00265 Base Rate

At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
08 Toyota 4Runner Sport V6 $30,845 $378 $325 $537 $431
  • MSRP $30,845 ($33,345-$2,500)
  • Invoice $27,087 ($29,587-$2,500)
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2008 Toyota 4Runner Sport V6
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 49% of MSRP – .00060 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

2008 Toyota Highlander 2WD
24 Month – Residual 56% of MSRP – .00143 Base Rate
36 Month – Residual 49% of MSRP – .00143 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

2008 Toyota Highlander Limited 2WD
24 Month – Residual 54% of MSRP – .00143 Base Rate
36 Month – Residual 47% of MSRP – .00143 Base Rate
48 Month – Residual 38% of MSRP – .00265 Base Rate
60 Month – Residual 30% of MSRP – .00265 Base Rate

2008 Toyota 4Runner Sport V8
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 49% of MSRP – .00060 Base Rate
48 Month – Residual 41% of MSRP – .00265 Base Rate
60 Month – Residual 33% of MSRP – .00265 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com