My Take: The residuals on the RAV4 are so high that it really does a good job offsetting the higher money factor. Just remember that high residuals makes for poor buyouts once your lease ends. This means that you will likely overpay should you try to buy the car out OR lose money if you try to end the lease early by trading it in or selling it. With that in mind, the RAV4 is an excellent alternative to the Honda CRV, which boasts a ridiculous .00250 MF. Toyota is also offering $500 cash back to customers, so whatever the dealer offers, minus $500 should be your sale price. If you are in the military, add another $400. If you are a college graduate, add another $1000. That’s $1900 if you qualify for all these rebates. Nice huh?
- Ready for some quotes? Get a FREE Quote at Yahoo! Autos.
- Get RIDE with G via a RSS Reader or Email!
- Got questions? Post it on the RIDE AUTO FORUM TODAY!
| At Invoice | At MSRP | |||||
| Make/Model | Invoice | MSRP | 24-month | 36-month | 24-month | 36-month |
| 09 Toyota RAV4 AWD | $21,868 | $23,700 | $309 | $272 | $388 | $326 |
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
- No rebates/incentives applied
2009 Toyota RAV4
2009 Toyota RAV4 AWD
24-month | 15k miles | residual 68% | .00183 base money factor
36-month | 15k miles | residual 61% | .00183 base money factor
48-month | 15k miles | residual 52% | .00275 base money factor
60-month | 15k miles | residual 43% | .00275 base money factor
2009 Toyota RAV4 Limited AWD
24-month | 15k miles | residual 66% | .00183 base money factor
36-month | 15k miles | residual 59% | .00183 base money factor
48-month | 15k miles | residual 50% | .00275 base money factor
60-month | 15k miles | residual 41% | .00275 base money factor
2009 Toyota RAV4 Sport AWD
24-month | 15k miles | residual 66% | .00183 base money factor
36-month | 15k miles | residual 59% | .00183 base money factor
48-month | 15k miles | residual 50% | .00275 base money factor
60-month | 15k miles | residual 41% | .00275 base money factor
FYI-I got this email from Richie stating the following:
“Got a price of 299 rav4 sport msrp 25,870 ,tax 1275 no money down except the the tax MF=.00088 nyc 5/19/09”
Apparently, the NY area has a much nicer money factor than the national program, so if you are in that part of the country, this is a good time for a Toyota. Thanks for the info Richie!