Automotive

[Toyota] Lease buy back process?

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  • Apr 8th, 2017 3:10 pm
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[OP]
Newbie
Aug 9, 2006
18 posts
Toronto

[Toyota] Lease buy back process?

I have my Toyota sienna lease ending on May 1st. I only have 62000 km on it, so I want to buy it back and try to sell it myself. What is the process for the lease buy back? Are there any other extra fees that I should be aware of? Are any of these fees negotiable?
1 reply
Deal Addict
Jan 8, 2007
2451 posts
967 upvotes
Calgary
jguru wrote: I have my Toyota sienna lease ending on May 1st. I only have 62000 km on it, so I want to buy it back and try to sell it myself. What is the process for the lease buy back? Are there any other extra fees that I should be aware of? Are any of these fees negotiable?
Make an apt with Toyota dealership and schedule a buyout. Your lease agreement will show that the buyout doc fee is $300. You could try to shop and see if any dealer will beat that price.

You could try and send a certified cheque directly to Toyota Finance and see what happens. The worst thing they can do is rip it up and tell you to go through a dealer.

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