Toyota FJ Cruiser Forum banner

1 - 20 of 22 Posts

·
Registered
Joined
·
7 Posts
Discussion Starter #1
Hi guys My name is Derek, age 20. i currently drive a Infiniti G35 Coupe i really like the FJ Cruiser i fell in love with it a few months ago when my uncle got one. i wanted to trade in my lease for my G35 and lease a FJ, so i was wondering what my payment would be near, i live in LA and im looking to get the convenience package and upgrade package #2. Can you guys give me your Lease information like how many years, miles per year, down payment and all that.
Thanks Alot
 

·
Registered
Joined
·
7 Posts
Discussion Starter #3
:jawdrop:is this thing right. it gives me $499 a month for 30K Fj with 2000 down and 36 month lease 15k miles a year.
i have a 35k G35 coupe with 2000 down 36 month lease 15k miles a year and i only pay $420 a month.
 

·
Registered
Joined
·
545 Posts
Why is a twenty-year old leasing a car, anyway? I've leased vehicles through my businesses before, but don't understand the logic of a private, non-deductible lease agreement. Can't he OWN an FJ for a bit more than what he is considering shelling out for a monthly lease payment?

Maybe I'm wrong - that's why I have a CPA.
 

·
Premium Member
Joined
·
6,177 Posts
Why would you lease when you could buy? IMO - with an FJ, you'll want to put more than 15K in mileage per year. Just seems like you could do better if you saved a little more down payment.
 

·
Registered
Joined
·
300 Posts
Unless you plan on getting rid of this vehicle in a few years you need to really think this through.
 

·
Registered
Joined
·
175 Posts
I'm pretty sure we all bought ours, with the FJ being such a special vehicle and limited in production I don't think the Stealers were offering a lease option. but check it out for your self to make sure , could be wrong could be right.
 

·
Registered
Joined
·
7 Posts
Discussion Starter #9
my family owns a business so we lease our cars usually no more then 3 years. and im sure leaseing is the way i want to go. unless the payments are really 499 a month thats just ridiculous for a 30K car.
 

·
Banned
Joined
·
2,637 Posts
:jawdrop:is this thing right. it gives me $499 a month for 30K Fj with 2000 down and 36 month lease 15k miles a year.
i have a 35k G35 coupe with 2000 down 36 month lease 15k miles a year and i only pay $420 a month.
$499 for a lease?? LOL, that's my monthly payment on the rig and I own it. In addition, I have a lifetime powertrain warranty and plan on cruising my Cruiser until it rusts away or I put it in storage.
 

·
Registered
Joined
·
7 Posts
Discussion Starter #11
$499 for a lease?? LOL, that's my monthly payment on the rig and I own it. In addition, I have a lifetime powertrain warranty and plan on cruising my Cruiser until it rusts away or I put it in storage.
exacly my point i dont know how that thing calculated but thats what it gave me.
 

·
Registered
Joined
·
702 Posts
How can you people afford a $500 a month car payment? I make damn good money and I don't want to pay $500 a month for something (cars) that is without a doubt, the biggest waste of wealth you will encounter in your lifetime. Add it up, your payment, insurance, gas, licensing... $700? $800? a month. That's before we even figure depreciation, which can be substantial. Does everyone make six figure incomes now when they are 20?
 

·
Registered
Joined
·
3,403 Posts
Sorry I can't give you exact figures, but I did see a TV commercial for Lakeside Toyota, which is where I bought mine from, talking about a lease on an FJC. I think the guy said $349/month but there was no mention of mileage or any other terms. I think you will have to call a dealer or two to get the specific info you want.:roller:
 

·
Registered
Joined
·
7 Posts
Discussion Starter #14
i called Longo toyota yesterday and they told me 579 a month for 3 year lease 15k miles a year 2000 down, with convenience package and upgrade package #2. that's insane, apparently the residual value on the FJ is really bad. he said the residual value of the 30k FJ i picked out would be a little less then 16K after the 3 year lease.
 

·
Registered
Joined
·
2,697 Posts
i called Longo toyota yesterday and they told me 579 a month for 3 year lease 15k miles a year 2000 down, with convenience package and upgrade package #2. that's insane, apparently the residual value on the FJ is really bad. he said the residual value of the 30k FJ i picked out would be a little less then 16K after the 3 year lease.
The present value of $579 for 36 months, with $2000 down and a residual of $16,000, assuming current auto loan rate of 6.86% would be about $33,822. Compare this to the sticker on the window.
 

·
Registered
Joined
·
546 Posts
i wanted to trade in my lease for my G35 and lease a FJ
This is a big reason why the payments you are being quoted are where they are. It is more likely to be upside down on a lease than a purchase! Just like on purchases that negative equity needs to be paid off and the dealership is definitely not going to pay it for you so they figure that into the new lease and in turn increases your payment!
 

·
Premium Member
Joined
·
259 Posts
my titanium M/T sticker at 27000 some- zero money down. 523.17. i own a nursing agency. i chose to buy this out rioght. why? my cpa says its better this way :)
 

·
Registered
Joined
·
7 Posts
Discussion Starter #18
This is a big reason why the payments you are being quoted are where they are. It is more likely to be upside down on a lease than a purchase! Just like on purchases that negative equity needs to be paid off and the dealership is definitely not going to pay it for you so they figure that into the new lease and in turn increases your payment!
o i know that
 

·
Registered
Joined
·
546 Posts
O.K. If you do not trade your car then there are a few things that you need to ask the dealer, what is the residual value and what are you selling me the truck for. Leases are a way for a dealership to make large profits on vehicles is you are not prepared. Most people think that it is all about payment and that is true in some respects, but it can be negotiated just like a normal purchase of a vehicle. Take the sales price and subtract the residual value from it, this will give you the amount that you are financing. If there is a big difference from what the dealer is trying to say that you are financing, then there is something wrong. Also there may be a use tax or use fee added into the monthly payment and if I recall, I think it may be legit. The dealer may also try to throw in an extended warranty, accidental & health and disability. These are just a few things to look for to ensure that you are not getting taken advantage of. Good Luck!
 

·
Registered
Joined
·
73 Posts
G35, I have leased many vehicles and know exactly where you are coming from. It is not always about the total amount you pay. Sometimes it is about cash flow. A lease is a good way to enjoy a lot of car for less money than it would cost you to finance. No one ever claimed it was an investment tool. Funny how everyone comes out of the wood work with 'fleese' and other ways to describe them. Seems they have read too much of Dave Ramsey or something. Anyhow, my credit union gave me 5.99 apr (financed) for 7 years (84 months) and with 0 dollars down my payment is $450/month. I have found that a 5 year lease with no money down is typically pretty close to the 7 year 0 down finance. I think it is a good idea to do 0 down leases if you can. (money now is worth more than money later)

Dont let the nay sayers get you down. Leasing is fun, as long as you understand the costs involved. If we were all made of money we would all buy with cash!
 
1 - 20 of 22 Posts
Top