UPDATE 3/25 - Is this a good deal for a 2025 Tacoma TRD Off Road Hybrid with premium package?

[Dbldwn11]

If you cannot afford the truck then I would not lease. If you don't like lower trims you may want to look at a different truck. I would not live outside of your means for a vehicle. Eating jank food and not having extra money for whatever you want or emergencies is never worth it. Especially locked into that financial slavery for years.

I know it's what you want but it unfortunately doesn't sound like what you need right now. If you /need/ a truck right now for working, I would get a used one until you can afford a new one. That day will come it just may not be today =)

Cheers

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

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[Dbldwn11]

Here are my thoughts:
1) the mileage allowance is super important. If you go cheap on it now, you’ll end up paying for it later. Having an brand new off road vehicle, I’d give yourself more miles than you think
2) if you put $5k down, and it ends up in an accident, you’re not getting that $5k back for your next vehicle.
3) the total amount you pay is the same regardless of what you put down as a deposit. It does change the monthly payment, but the total cost of leasing the truck is the same.

I’m leasing mine because
1) I’ve never had a truck and wanted to see how I’d like it.
2) I find myself wanting something new in about 3-4 years on average
3) 1st model of an all new Tacoma generation

I had equity in my trade in so ended up walking away with a decent check from the broker, a new truck, and $0 down for a payment in the mid $500’s. The dealership I went to first did try to have my roll over all of my trade in value to the truck and the payment was still in the $700’s on a 12k mile lease. Try talking to a broker who might look after you better than the dealership sales guys.
Again just my thoughts

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

 

[Dbldwn11]

I would go for a cheaper model. Unless you do hardcore Off-roading regularly SR5 4X4 will be fine. Get the cold weather package for heated seats and other upgrades.

44k ish before discounts. Should be able to get the price down to 40k

I only want a specific model or I won’t be happy. If I’m dropping 100’s of dollars a month I’m getting what I want. Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

 

[TacoRyno]

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

Congrats! Drop a pic of the new Taco my friend

 

[Dbldwn11]

I live in PA, purchased my 2024 Tacoma Hybrid TRD Off Road at Heritage and paid 51 and some change.

Did you get the premium package? I wouldn’t buy one without it. Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

 

[Dbldwn11]

Congrats! Drop a pic of the new Taco my friend

Thanks! I’ve never loved a vehicle more than this one lol. I’ll post some pics after I get the westcott lift, wheels and tires installed. Already removed the air dam, installed the TRD skid plate, rock rails and hard tonneau cover.

 

[Dbldwn11]

Like others have stated, the wise way to go is to save your money and buy what you CAN afford, not what you want. Even if you decide to buy out the lease at the end of your lease term, you will likely be overpaying for something you've already thrown a substantial amount of money at. Leases are mostly designed for people who know they are going to want a new vehicle after three years, and who also don't mind making month car payments in perpetuity. If you're not sure you "really want" a Tacoma, three years is an awful long time to live with something you don't want or like. You're also limited on mileage, cannot really modify it or make it your own, and you're stuck dealing with that particular dealership as well since it is technically their vehicle (GOD I hope it's not Jerry's Toyota in White Marsh ). It's super easy to get excited about a new vehicle and make a poor choice. I know first hand!

The lease is designed so that your payments are covering the depreciation of the value of the truck more so than what you would actually owe to pay it off. Granted, interest rates are still pretty high, but they are certainly more competitive now than they were a few years ago for financing, but any time you aren't buying a vehicle outright, you are paying to borrow that money. It doesn't really matter if you're leasing or financing. The banks and dealerships know what they're doing. The taxes, fees, and all that other garbage is also lumped into the lease to be slowly paid off over the 39 month term, so the overwhelming amount of that $700 monthly payment goes towards depreciation (they'll probably call it the "rental fee" on your lease agreement) and taxes/fees. After 39 months, you will have paid nearly $33K to lease (rent). Do you know what your cost to purchase would be at the end of 39 months? I'd be willing to bet it'll be a lot more than $26K, and more like $40K+ (just a guess), which means that leased vehicle turned from a $58K exciting new toy into a $73K+, 3 year old, used, midsized pickup that you don't own. Keep this final contract value in mind! That's where you can potentially "win" on a lease if you're super lucky. Let's say the fair market value of your now 3 y/o truck is $45K. Congratulations, they'll offer you that additional value over contract IF you decide to sign up for your next new leased vehicle. If you decide you don't want to lease OR buy out the current truck, they'll take it off your hands for a small "convenience fee" and boot you right out the door.

Best of luck friend!

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

 

[BearTacos]

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

That's pretty good in my opinion.

 

[Dbldwn11]

Bought same OR hybrid in August. No dealing off same sticker. Got $500 off. They were hard to find then. Loving it with 6600 miles. It was pricey. Maybe better deal now. Good luck

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

 

[Dbldwn11]

OP won't be posting anymore - had to cut internet to afford the lease payment ?

LOL naw I’m here. Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

 

[tacorancher]

I recieved 5700ish of a 25' Pro. The only add on was $595 for bed liner. I paid $60,800 ish I think. It was under 61k

Great deal

 

[Airborne]

Happy you got things worked out, congrats on new truck, many happy safe miles to you
David

 

[Jt2024]

Since I love the truck so much I decided to finance. Screw leasing. Wound up getting $5500 off MSRP and an extra 4 years bumper to bumper warranty. OTD was $57.5k. Down payment I used 8k equity from my 3 year Honda civic lease and added an additional 5k out of pocket. $700 monthly payment.

What was the MSRP?

$5,500 off MSRP on a 2025 is good.

 

[Dbldwn11]

What was the MSRP?

$5,500 off MSRP on a 2025 is good.

Just over $57k.

 

[Jt2024]

Just over $57k.

That is a good discount. I ended up with a 2024 Premium Hybrid $58,098.00 ($49,500 with dealer fee) which is an awesome truck and got $9,118 off MSRP, no add ons and a $500 credit from Toyota for hassle of waiting a month to square away a non-issue with the truck. I was offered a 2025 but they would not budge off $5k off, most dealers were at $3,700 off.

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