Wow, SXTH jumped right into the Toyota offroad market...I have one of their parts for my Elantra Sport as they were one of the few companies in the Hyundai/Kia aftermarket. Conicelli's parts department was one of the better ones to get OEM parts from as well.
Let's do the math.... Base price $65,310 @ $2,200 down = $983 months @ 36 months = $35,388 Buy out @ $45,000 Let's assume you purchased the truck after the lease $45,000 @ 3.99 APR = $46,795 Let's add $2,800 for taxes now the total is $49,595 don't forget your down payment @ $2,200 AND lease payments of $35,388 your total truck cost is actually $87,183 if you end up buying it and make payments at 3.99% APR. Dude that truck is not worth 87k that's a bad financial decision.
@@UporaFilms you are still losing money. you could sell the vehicle you bought and is ur own. the 35k you paid for the lease is just money gone. considering you financed the truck with a lesser apr than a lease, you can sell it back in 3-4 years and spend way lesser than 35k
I work for Toyota, the leases make a ton of sense for what you do. You can still modify them and even go over on miles if you buy it out or trade it in.
@@TRDJon Just remember leases are typically a more costly form of financing. You can figure out the APY of the lease by taking the money factor and multiply it by 2,400. New car APR's are 4.5-6.5% for top tier credit as a comparable.
@@TRDJon 100% think so and I’m a person who probably would never lease a vehicle lol. My buddy leased a car once. His mileage was under the limit of the lease and he got $3000 back at the end of the
@@TRDJonbecause u leased u have to insure it at a higher money value that’s why your insurance is so much more so by time u add extra insurance money a month u closer to just buying it
Lease cars are perfect for your channels. You can return it at anytime with no penalty. You don’t have to wait the 3 years. You can return, buy or return it and lease another one. Been doing that for a few years now.
you're not alone, my 2022 Tacoma TRDOR insurance is more expensive than my 2023 4Runner Pro. Something to do with the % of claims of each vehicle profile, SUVs must have few claims than trucks so cheaper to insure
Excellent choice on the Pro model, I am so jealous, that is my ultimate Tacoma, hopefully one day, but I just clicked the subscribe button, your honesty and transparency will take you far, I truly believe that I wish you best.
Hey Jon what do you mean that there easy to steal? I had no idea which is why I was interested they look great but I don’t want a KIA magnet pronged truck 🤦🏾♂️
Thank you for putting this out. I've never leased a vehicle and after watching this I will most likely never lease a vehicle in my life unless a company I work for pays for it... Leases are ridiculous.
Bolt on without cutting into the vehicle is fine if you return the vehicle to stock before the end of the lease. I would be more worried about scratches and dents.
I think leasing is smart to do if you don’t drive that much/ want a new car every 3 years, or if you plan on buying it after your lease term. Then you’re only financing what you owe after the lease which will hopefully lower your payment even more depending on interest rates.
There are definitely pros n cons for buying vs. leasing. Leasing def makes more sense for you as a RUclipsr since you own the vehicles for such a short period of time.
I wanted any tacoma in all black in 2019? I think I got lucky with a voodoo blue trdpro with the manual transmission for $42,800 brand new 😂. It's definitely a keeper like your calvary blue trdpro 4runner. 🍻
Love that TRD Pro Tacoma. I would love to see the rear seat delete, matte PPF wrap, winch, bed drawers, etc. OEM + build. I also think the lease is the right choice in your business model. Merry XMas Jon 😊
Leasing is cool if you want a new vehicle every few years but only 10k miles a year is hard to stay under. .50 cents a mile of over. There's pros and cons. If you try to get out of the lease early they can charge a fee and low ball you on trading it in just like if you owned it. Either way sick truck man congrats
I’m surprised you’ve never leased before it’s definitely your speed with how much you transition to new ones. My only question because I’ve never leased is how far are you able to go with modifications are you permitted to change anything? Just curious
The sticker price alone is insane...$65K+...that's not that far off from the MSRP on my '22 Tundra TRD Pro - $68,500 i think (which i hated)! I spit up my coffee when you said what your lease payment was. I appreciate the fact that you are putting yourself out there and providing context (i.e., this is a business expense) but damn. I am buying a '24 Ranger Raptor TODAY for $58,400 (MSRP) and putting enough down so my payment is just less than $400/mo. There should be a big disclaimer at the beginning of this video..."Please for the love of God do not try this at home!" I that fancy gimmick seat is worth it.
I leased a 2020 Corolla SE, turned it in before the halfway mark because it was a stepping stone for the wife and I to have dual income. She couldn’t drive my car being manual. I traded the corolla and started another lease for a 4Runner SR5P unsure if I had orders soon overseas potentially being military. Having the option to cut the lease if the vehicle didn’t meet standards for another country. The goal was to buy a sub in case we start a family, traveling, etc. I had equity in the Corolla, put it towards the 4Runner. And chose to buy it out this past year. Long term, I’m okay if I spent a little more because I’m keeping it forever. It was a long term investment. Small sacrifice in my mindset. The lease helped me obtain my vehicle I wanted. All I could afford at the time was the Corolla, then dual income we got a vehicle we can trust more, safer, etc. and doing bi monthly to cut finance plan in half and cut interest as well. 🤷🏾♂️ depending on situation and you’re aware of finances, a lease isn’t bad. My personal experience wasn’t bad and I enjoy the vehicle I initially wanted.
My purpose for using a short term lease would be to have the ability to return a vehicle that doesn’t meet expectations . If these vehicles flop in the market place , and suffer in resale value , I don’t want the huge hit in value when attempting to resell .
the trd pro is my dream truck. I have a 2024 tacoma sr5 in celestial silver has the rims on the 22 tundra xp with all terrains and like it but man the trd pros look so nice. especially yours in black
@@TRDJon great thanks, my favorite thing about it is probably the turbo sound man, I can't imagine how good a Trailhunter sounds with the 'Intake' snorkel thing LOL. but like the coil springs on the back and like the wireless CarPlay. not missing much besides the cool gauge cluster and heated seats. how do you like the trd pro seats? they look really interesting
@@benjaminbrown7127 just keep the original, intakes are easy to install and completely reversible. I bet the sxth one would be worth it and it looks super cool too.
Posting before watching. No, I do not believe in leasing. I think it’s a complete waste of your money. Just like renting a house or apartment. Unless you get some kind of equity from it. Update: Okay okay, yes I understand your reasoning and yes it does make more sense from your perspective. I guess I just come from thinking on the other side of the box. Purchase instead of lease, pay 80 - 90%% of the vehicle. I'm not stressing over a high monthly payment, and I already have positive equity in a vehicle that I own in preparation for the next vehicle if I wish to do so.
I certainly enjoy what you do with all these trucks, and now that you have a lease, it will be interesting to hear a review of your experience with that financing option. Besides, I want to see this thing go fast!
Comparing insurance rates on the Internet without all the variables involved makes no sense. Insurance rates depend on (and I probably missed a bunch): Driver’s age Driving history Driver’s economic status (credit score) Geographical location (zip code) Vehicle brand Vehicle model Vehicle age Insurance Company Driver’s History with insurance company Multiple insurance products with insurer Etc….
Yup, never put money down in a lease. Roll it in the payment. Use the down payment to make the payments for you lol Plus if that car gets totaled, you lose the down payment forever if you put it in there. Probably will lease the next vehicle in a few years.
Curious on what you do with a Space trailer and what the quality is like. I've kept them in mind for years at this point, but haven't pulled the trigger
The rear seat delete looks interesting. I was thinking of taking the rear seat out of my 2018 Tundra and creating more storage. I've only used it as a seat once in the last 4 years. I haven't found anything online that really jumps out at me yet.
@@TRDJon these trade in values on these new trucks is crazy. I traded in a 3rd gen 6MT TRD off road in october and got 35k for it 35k miles. The market is looking a little concerning.
Dealerships do not care about mods on trucks. They giving you price as if was a base model at that trim level. I have been told that mods can even hurt trade in values since it will take the right person that wants all that stuff to buy the used vehicle.
You will also pay for every scratch every dent every ding Plus the $30,000 that you're never going to get back that you paid over the past 3 years. I hate Leases.
Lease and mods how does that work? It’s the dealerships vehicle in essence or am I missing something here. If you purchase it at the end of the term no issue. If you don’t aftermarket part out time and you have to reinstate all the OEM components. Which means storing them.
@@TRDJon Everyone is free to treat the property of others in this case a vehicle under lease as they see fit and face the consequences of their actions for better or worse. I did a quick Google search. AI is handy at summarizing content. In short it says be very very carful and read the fine print. Which no doubt you have. Coming from the Subaru WRX world engine upgrades for performance are considered “meaningful mods" followed by big brakes and suspension. No suspension upgrades are needed on a TRD Pro imax Force Tacoma clearly leaving engine output and brakes. Superior aftermarket brakes are easily reversible when push comes to shove. Engine mods for power gains fall into a different category when engine maps are changed, AF ratios changed, timing and boost levels changed to provide context. I am personally sceptical that a dealership would take kindly to horsepower and torque output upgrades if implemented and discovered as this reduces the margin of durability built into the engine for a future new owner buying the truck off a previous lease. It puts Toyota at risk for engine warranty issues. And social media posts make discovery more probable especially if one is popular and displaying the modification on RUclips. For your information with respect to an engine performance upgrade that is likely visibly undetectable to the untrained eye there is what appears to be a parallel ECU that is plug and play with built in maps that can interface seamlessly with the OEM ECU called the JB4. The JB4 claims "power gains of up to 60hp to the wheels on a stock vehicle. Preloaded with custom JB4 Tacoma tuning software and up to 8 maps for various fuel and modification levels. Compatible with all driving modes." If I didn’t have my Subaru this would be tempting as I have a 2024 TRD Sport. These dyno verified outputs bring an ICE only TRD Tacoma close to the TRD Pro max Force with less tech and less weight. Pretty sweet. The launch edition of JB4 early this year was for automatic non hybrid models. So unless that has changed this is off the table for you. That leaves air intakes for power upgrades. Air intakes are a common go to modification for some unknown reason to me at least. I have just recently seen one air intake that claims meaningful output increases without a tune. Tiny gains if any far below claims of 14 HP are the reality though without a tune that is either custom or a shelf map tune; that’s not according to me but according to a professional tuner I have used in Toronto Ontario Canada with a solid representation who worked on my WRX and advised me. So I have little reason to doubt him as he sells intakes and a host of other performance engine parts. There is also an old Speed Academy RUclips post “One Fast 2015 Subaru WRX Track Tested at the Limit” ruclips.net/video/WGtIerbbgNU/видео.html where he goes on the record about intakes. Any change that you will notice apparently without a tune you basically hear, namely the induction noise. $577 USD or there about seems a lot to pay for the sound of air sucking but that’s just me.The JB4 at $530 USD a proven performer is a better value. So by the process of elimination assuming the only meaningful modification for performance left is brakes as braking is a performance modification. So are brakes the modification you are thinking of? Regardless have fun doing whatever you plan for your Tacoma TRD PRO i max Performance. A true beast given its small displacement ICE.
Love the truck & maybe you can do some tax stuff for the lease, however I would just buy going forward, let’s say you pay 980 m X 36m = 35k then Toyota wants you to pay 45000 to buy it out….= 80,000 total, vs just buying it for 65k to start with and having equity in it as you pay it down, Either way love the channel and excited to see what you do with it
Because on a lease they make u insure the max amount I bet your other vehicles isn’t insured for as much. Wish I could have seen this before u did it. Now with higher insurance u probably been better to buy
Leasing makes sense for a business like his if he wants to keep the vehicle for a short time. He is practically renting it until the videos cover the cost of the rent. When the videos start making less than the lease for a few months then he can jump out of the lease. For personal use I don’t think a lease makes sense ever unless it’s an extremely inexpensive lease. Some EVs in Colorado could be leased for less than $100/month including the down payment with 2-year term. One of the TFL guys did it.
You didn't pay as much because you can write some of it off on taxes! Aka, you are smart and I need to go start a toyota channel now as that's the only way I pay for a taco! ❤
Leasing is like your renting which in the end is a wealth destroyer, as is purchasing most new vehicles these days. Even with a business, you can only write off against your income
Looking forward to seeing the mods. However, may they violate some terms of the lease? For example, modifying the truck may negate or reduce the residual value. I dunno, but worth checking into. Good luck.
I payed cash for my 2024 tacoma trail hunter now i will do like I'm making a payment each month that really works out good doing it that way that way your not paying all that interest
@TRDJon so I'm thinking since Toyota has said they fixed the problems with Tacoma's for 2025.. maybe I buy one... And by the time it's paid off, all the problems with 6th gen 4runners should be all fixed...but I won't be buying ANYTHING until interest comes down.. 7-9% is insanity
Jon, maybe it's a FL thing but your insurance sounds expensive bro. As my vehicles have gotten newer the rates have decreased because of the safety features. Our LC is right at $1k for the year with a 1k deductible and high limits that satisfy my umbrella policy.
@ I should have clarified that I was referring to your off-road premium Tacoma. 38k-40k for a trade seems low. But maybe that’s how the 4th gen’s are worth used 🤷🏽♂️
I’ve leased before and it’s not worth it. I’d rather finance even though payments might be a little higher. At the end it’s not yours and have to return it. There is a limit on mileage and it’s basically a rental.
I’ve leased Toyotas since 2012, works for me because you don’t pay the full sales tax, and I’m always looking for a new car whenever I pay off a loan anyways. Haven’t bought a set of tires since I started leasing, always under warranty too! 🎉
$983 times 36 months is $35K. How much did you put down?😂 you’re giving them $15K in equity, guaranteed. Leasing is tough man. You’re basically renting a vehicle for $1000/month. At the end, if you wanna buy it, sure, you can finance it or pay cash, at $45K, making that an $80K truck. You probably can’t modify it much, and it sucks having to worry about miles if you plan on really using the truck. Just my opinion. I leased a ‘22 taco and it was a poor decision by me in the end. That is a sweet truck you got though! Definitely a bit jealous 😂. Loving my trd OR so far.
@TRDJon yeah, you’d be paying interest on the financing, true, but financing also allows you to make principal payments in addition to your regular monthly payments. Let’s just say you have financed $60K with $5K down at 10% (I think you’d probably do better, but just as an example) and 60 months term. Your monthly payments will be higher at roughly $1300, but after two or three years, you will have significantly more equity in the vehicle that you may then convert into a nice trade. I’d want to pay off as much as I could right out the gate to lower my daily interest rate as much as possible and get even more equity. With a lease, your payments go into the depreciation of the vehicle more so than with financing. After three years, and no principal payments (just regular monthly payments) you’d have spent about $12K in interest, yes, but your remaining balance would be about $30 grand instead of still owing $45K on a “contract balance.” If you tack in some principal payments and lower your daily interest, you’d both pay less in interest and have more equity. This isn’t an option on a lease. Also, you’re really stuck in that lease contract for three years or you pay a hefty penalty to get out of it, and that penalty could be as much as your remaining balance minus the final contract balance PLUS fees. Leasing really only makes sense if you’re totally cool with making monthly payments and you don’t plan on keeping the vehicle, but keep in mind that it’s not yours while you have it. You’re renting it from them, and there’s not much you can do at the end except trade it in and start over again with a new one. If you wanna buy out the lease, it’s $45K plus additional fees (remaining taxes, registration and title, and usually a “convenience” fee of some kind as well). With financing, after three years, if you wanna trade in your truck, you’ll have much more options for negotiating a better deal on the next vehicle. If they wanna trade you $45K for your truck, you’d have about $15K to throw towards the new one. Even if you subtract the $12K in interest that you paid over those three years, at least you have SOME net gain vs none whatsoever. And the example I gave is not smart either, but you always have the option of paying down the loan sooner and you’d probably have a significantly better rate too. The reality is, the only actual way to avoid getting ripped off is to buy the vehicle outright unless you can get extremely low interest on the loan, AND where you can make money investing that cash elsewhere instead.
1 in 1000 chance to win your old gen taco at $100 a shot? That math tells me your looking to get 100k for that truck (donate, other prizes, ect, ect surly doesnt and wouldnt come close to that). Nice as it is. it's a taco... Long time toyota owner here, with my 2nd gen taco, 2nd gen tundra and now 5th gen 4runner, but also a realist. Good luck with whatwver you do with or get out of it though ..
Nissan Frontier PRO-X fully loaded $43K with V-6. Ford Ranger Raptor with 400 hp V-6 $56K Or this sad thing for $65K...hahaha Need i say more?????????????????????????????????
I dont lease cars, I like to keep my cars.... love the trd-pro, but financial it just doesn't sense for average folks that want to keep their cars. I was a die hard toyota fan... toyota just changed for the worse, this is just me what I have seen and felt as I have been to car shows. oh well... dont worry, I will not buy GM garbage.
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
Can't wait for all these parts to come in! Thank you SXTH Element for sponsoring this video! sxthelement.com/collections/off-road
The lease sounds like a great deal. If you sign a 3 year lease 30k miles and at the end the vehicle is worth $44k?
Giveaway? Selling?!
Hows the GFC? Any leaks, dust? I searched your vids and never found a video of it. I might email ya!!!!!!
Wow, SXTH jumped right into the Toyota offroad market...I have one of their parts for my Elantra Sport as they were one of the few companies in the Hyundai/Kia aftermarket. Conicelli's parts department was one of the better ones to get OEM parts from as well.
@@trdrav4 They are going HARD into it for sure
@@UporaFilms Sounds good man! Yea the GFC has been amazing!
Let's do the math....
Base price $65,310
@ $2,200 down = $983 months @ 36 months = $35,388
Buy out @ $45,000
Let's assume you purchased the truck after the lease $45,000 @ 3.99 APR = $46,795 Let's add $2,800 for taxes now the total is $49,595 don't forget your down payment @ $2,200 AND lease payments of $35,388 your total truck cost is actually $87,183 if you end up buying it and make payments at 3.99% APR. Dude that truck is not worth 87k that's a bad financial decision.
Thank you. This is the reality that people who leae don't realize.
That doesn't matter when you are bouncing to another vehicle after a year or so.
Here is better math.....Nissan frontier 4x4 Pro-X V-6 fully loaded $43K subtracted from $65K for TRD= save $22,000
@@UporaFilms you are still losing money. you could sell the vehicle you bought and is ur own. the 35k you paid for the lease is just money gone. considering you financed the truck with a lesser apr than a lease, you can sell it back in 3-4 years and spend way lesser than 35k
And don’t forget because he leased he also has to cover it at a higher rate because of lease which is a lot extra
I work for Toyota, the leases make a ton of sense for what you do. You can still modify them and even go over on miles if you buy it out or trade it in.
A giveaway for the 1st 4g would be pretty coo!
You’re right. For you a lease makes perfect sense. Lease, build, return.
Yea??? I think so.
@@TRDJon Just remember leases are typically a more costly form of financing. You can figure out the APY of the lease by taking the money factor and multiply it by 2,400. New car APR's are 4.5-6.5% for top tier credit as a comparable.
They gave me a lease option and finance and the finance was 300 more a month.
@@TRDJon 100% think so and I’m a person who probably would never lease a vehicle lol. My buddy leased a car once. His mileage was under the limit of the lease and he got $3000 back at the end of the
@@TRDJonbecause u leased u have to insure it at a higher money value that’s why your insurance is so much more so by time u add extra insurance money a month u closer to just buying it
Love the transparency 🎉
Lease cars are perfect for your channels.
You can return it at anytime with no penalty. You don’t have to wait the 3 years. You can return, buy or return it and lease another one. Been doing that for a few years now.
That’s my thought on it too
you're not alone, my 2022 Tacoma TRDOR insurance is more expensive than my 2023 4Runner Pro. Something to do with the % of claims of each vehicle profile, SUVs must have few claims than trucks so cheaper to insure
Would it make more sense to get a dealer license and just keep them on dealer tags?
Excellent choice on the Pro model, I am so jealous, that is my ultimate Tacoma, hopefully one day, but I just clicked the subscribe button, your honesty and transparency will take you far, I truly believe that I wish you best.
Thanks for the sub! I appreciate you comment and viewership!
I think for yourself, running a youtube channel and doing builds, leasing is a solid play
Thanks man!
Hey Jon what do you mean that there easy to steal? I had no idea which is why I was interested they look great but I don’t want a KIA magnet pronged truck 🤦🏾♂️
Tacomas in the past were easier trucks to steal. Idk if that’s the case now but it could be a reason the premium is so high.
That is going to be a sick build. I'll be watching every step.
Thank you for putting this out. I've never leased a vehicle and after watching this I will most likely never lease a vehicle in my life unless a company I work for pays for it... Leases are ridiculous.
No worries!
Good God Jon! 65K??? Bless your heart.
Why only $500 off a truck that's not selling??? Are the TRD Pro's hard to find??
Yes the TRD Pros are.
@@TRDJonthe TRD PRO with a manual transmission is very hard to find... Oh wait
Why did you change the old off road 2024 for this?!
I’ve never heard of a lease allowing modifications? Assume you had to return it unmodified?
I was wondering the same thing. Never heard of a lease allowing mods like that. I hope they do though for his sake. Nice truck.
You do not mod a lease PERIOD.....
Bolt on without cutting into the vehicle is fine if you return the vehicle to stock before the end of the lease. I would be more worried about scratches and dents.
this is correct
Yea not gonna cut it up. Just bolt on stuff
I think leasing is smart to do if you don’t drive that much/ want a new car every 3 years, or if you plan on buying it after your lease term. Then you’re only financing what you owe after the lease which will hopefully lower your payment even more depending on interest rates.
Exactly! Yea I’m thinking it was the right decision as well
someone did the math here and you end up paying 87k if u buy out the lease. that is not a good financial decision lol
So you can still modify it if you lease it?
Yes you can 👍🏼
He can.
There are definitely pros n cons for buying vs. leasing. Leasing def makes more sense for you as a RUclipsr since you own the vehicles for such a short period of time.
Thanks for sharing!
I wanted any tacoma in all black in 2019? I think I got lucky with a voodoo blue trdpro with the manual transmission for $42,800 brand new 😂. It's definitely a keeper like your calvary blue trdpro 4runner. 🍻
MT club assemble!
Toyota determined this truck would be worth 45k at the end of your lease? In 3 years? Wow. Thats a lot of depreciation.
Love that TRD Pro Tacoma. I would love to see the rear seat delete, matte PPF wrap, winch, bed drawers, etc. OEM + build. I also think the lease is the right choice in your business model. Merry XMas Jon 😊
You as well sir!!!!
I know they lack tech but paid $61000 for a 21 sequoia trd pro that drives like a dream and so much room for traveling with friends
Leasing is cool if you want a new vehicle every few years but only 10k miles a year is hard to stay under. .50 cents a mile of over. There's pros and cons. If you try to get out of the lease early they can charge a fee and low ball you on trading it in just like if you owned it. Either way sick truck man congrats
Thanks so much!
I’m surprised you’ve never leased before it’s definitely your speed with how much you transition to new ones. My only question because I’ve never leased is how far are you able to go with modifications are you permitted to change anything? Just curious
I think as far as you want honestly. Just know if you start to cut things up it will ruin the overall value of the vehicle.
I didn't think you were allowed to modify leased vehicles.
Makes sense. Ppl don’t understand what a monthly payment is on a 50-70 car lol. It’s a lot and the way you do RUclips this was smart
The sticker price alone is insane...$65K+...that's not that far off from the MSRP on my '22 Tundra TRD Pro - $68,500 i think (which i hated)! I spit up my coffee when you said what your lease payment was. I appreciate the fact that you are putting yourself out there and providing context (i.e., this is a business expense) but damn. I am buying a '24 Ranger Raptor TODAY for $58,400 (MSRP) and putting enough down so my payment is just less than $400/mo. There should be a big disclaimer at the beginning of this video..."Please for the love of God do not try this at home!" I that fancy gimmick seat is worth it.
I leased a 2020 Corolla SE, turned it in before the halfway mark because it was a stepping stone for the wife and I to have dual income. She couldn’t drive my car being manual. I traded the corolla and started another lease for a 4Runner SR5P unsure if I had orders soon overseas potentially being military. Having the option to cut the lease if the vehicle didn’t meet standards for another country. The goal was to buy a sub in case we start a family, traveling, etc. I had equity in the Corolla, put it towards the 4Runner. And chose to buy it out this past year. Long term, I’m okay if I spent a little more because I’m keeping it forever. It was a long term investment. Small sacrifice in my mindset. The lease helped me obtain my vehicle I wanted. All I could afford at the time was the Corolla, then dual income we got a vehicle we can trust more, safer, etc. and doing bi monthly to cut finance plan in half and cut interest as well. 🤷🏾♂️ depending on situation and you’re aware of finances, a lease isn’t bad. My personal experience wasn’t bad and I enjoy the vehicle I initially wanted.
My purpose for using a short term lease would be to have the ability to return a vehicle that doesn’t meet expectations .
If these vehicles flop in the market place , and suffer in resale value , I don’t want the huge hit in value when attempting to resell .
If the giveaway ends up being open for Canadians count me in!
the trd pro is my dream truck. I have a 2024 tacoma sr5 in celestial silver has the rims on the 22 tundra xp with all terrains and like it but man the trd pros look so nice. especially yours in black
Heck ya! Thanks man! How’s the sr5 been?
@@TRDJon great thanks, my favorite thing about it is probably the turbo sound man, I can't imagine how good a Trailhunter sounds with the 'Intake' snorkel thing LOL. but like the coil springs on the back and like the wireless CarPlay. not missing much besides the cool gauge cluster and heated seats. how do you like the trd pro seats? they look really interesting
Look into the SXTH element intake I showed. It's wild
@@TRDJon will it void lease?
@@benjaminbrown7127 just keep the original, intakes are easy to install and completely reversible. I bet the sxth one would be worth it and it looks super cool too.
That’s why I leased mi 2024 Tacoma. I can get out of my hands if I decide I don’t want it anymore.
Thanks for a nice video. Great way to illustrate why lease etc. plus you don’t out tons of miles on so why take the hit. Good video!
Posting before watching. No, I do not believe in leasing. I think it’s a complete waste of your money. Just like renting a house or apartment. Unless you get some kind of equity from it.
Update: Okay okay, yes I understand your reasoning and yes it does make more sense from your perspective.
I guess I just come from thinking on the other side of the box. Purchase instead of lease, pay 80 - 90%% of the vehicle. I'm not stressing over a high monthly payment, and I already have positive equity in a vehicle that I own in preparation for the next vehicle if I wish to do so.
Curious what your edit is after my reasoning.
@ I’m watching it I’m watching it, sheesh, I’m a slow watcher you know.
I certainly enjoy what you do with all these trucks, and now that you have a lease, it will be interesting to hear a review of your experience with that financing option. Besides, I want to see this thing go fast!
Congratulations if your happy that’s all it should matter
What insurance company do you have? I pay over 3k for 2019 RAV4,2023 Lexus GX 460, 2024 4Runner.🤔
I use Allstate. Military discount, safe driver, and more
Comparing insurance rates on the Internet without all the variables involved makes no sense. Insurance rates depend on (and I probably missed a bunch):
Driver’s age
Driving history
Driver’s economic status (credit score)
Geographical location (zip code)
Vehicle brand
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I bought a 2011 Suzuki Equator today for $4,500.00
I’m more satisfied with this purchase than I would be buying a 2025 similar truck and being broke.
I also got a lease on a 24' Jeep Gladiator for $650 40k miles for 4 years
Yup, never put money down in a lease. Roll it in the payment. Use the down payment to make the payments for you lol
Plus if that car gets totaled, you lose the down payment forever if you put it in there. Probably will lease the next vehicle in a few years.
Curious on what you do with a Space trailer and what the quality is like. I've kept them in mind for years at this point, but haven't pulled the trigger
I’ll showcase the whole process with them for ya!
The rear seat delete looks interesting. I was thinking of taking the rear seat out of my 2018 Tundra and creating more storage. I've only used it as a seat once in the last 4 years. I haven't found anything online that really jumps out at me yet.
Really cool right?
Man that voodoo blue would be a great "give away" buy-in. :)
How is that tacoma worth only like 38 something on trade in? What was the MSRP new?
No idea. I was baffled
@@TRDJon these trade in values on these new trucks is crazy. I traded in a 3rd gen 6MT TRD off road in october and got 35k for it 35k miles. The market is looking a little concerning.
Dealerships do not care about mods on trucks. They giving you price as if was a base model at that trim level. I have been told that mods can even hurt trade in values since it will take the right person that wants all that stuff to buy the used vehicle.
Im going to the dealership this month to hopefully get an SR5 Tacoma. Anybody have tips for leasing?
Yes don’t do it unless for making money with the truck like he does.
I got a 25 1794 Tundra from Conicelli on Black Friday from Ryan as well dude was a rock star great dealership I also got under invoice on the truck!
Heck ya!!!! That’s solid!!!!
Easy to do on a Tundra these days...
Didn’t know lease contracts allow modifications
They don't gotta put it back to stock when you turn it in
bolt on is typically fine
You will also pay for every scratch every dent every ding Plus the $30,000 that you're never going to get back that you paid over the past 3 years. I hate Leases.
@@robertchapman4488 You buy you lost $30,000 in depreciation anyway dummy--go back to school and learn math
@@robertchapman4488businesses write off the lease payments and/or depreciation.
Which motor do you prefer the ttv6 or turbo 4?
The turbo with the hybrid. But the v6 TT is great too
@@TRDJon Hybrid is a dog as I already explained....fake power ratings. 0-60 in 7.8 seconds hahahahhahahahahaha
Lease and mods how does that work? It’s the dealerships vehicle in essence or am I missing something here. If you purchase it at the end of the term no issue. If you don’t aftermarket part out time and you have to reinstate all the OEM components. Which means storing them.
Just put it back to oem or some mods could potentially add value in the dealers eyes
@@TRDJon Everyone is free to treat the property of others in this case a vehicle under lease as they see fit and face the consequences of their actions for better or worse. I did a quick Google search. AI is handy at summarizing content. In short it says be very very carful and read the fine print. Which no doubt you have.
Coming from the Subaru WRX world engine upgrades for performance are considered “meaningful mods" followed by big brakes and suspension. No suspension upgrades are needed on a TRD Pro imax Force Tacoma clearly leaving engine output and brakes. Superior aftermarket brakes are easily reversible when push comes to shove. Engine mods for power gains fall into a different category when engine maps are changed, AF ratios changed, timing and boost levels changed to provide context.
I am personally sceptical that a dealership would take kindly to horsepower and torque output upgrades if implemented and discovered as this reduces the margin of durability built into the engine for a future new owner buying the truck off a previous lease. It puts Toyota at risk for engine warranty issues. And social media posts make discovery more probable especially if one is popular and displaying the modification on RUclips.
For your information with respect to an engine performance upgrade that is likely visibly undetectable to the untrained eye there is what appears to be a parallel ECU that is plug and play with built in maps that can interface seamlessly with the OEM ECU called the JB4. The JB4 claims "power gains of up to 60hp to the wheels on a stock vehicle. Preloaded with custom JB4 Tacoma tuning software and up to 8 maps for various fuel and modification levels. Compatible with all driving modes." If I didn’t have my Subaru this would be tempting as I have a 2024 TRD Sport. These dyno verified outputs bring an ICE only TRD Tacoma close to the TRD Pro max Force with less tech and less weight. Pretty sweet. The launch edition of JB4 early this year was for automatic non hybrid models. So unless that has changed this is off the table for you. That leaves air intakes for power upgrades.
Air intakes are a common go to modification for some unknown reason to me at least. I have just recently seen one air intake that claims meaningful output increases without a tune. Tiny gains if any far below claims of 14 HP are the reality though without a tune that is either custom or a shelf map tune; that’s not according to me but according to a professional tuner I have used in Toronto Ontario Canada with a solid representation who worked on my WRX and advised me. So I have little reason to doubt him as he sells intakes and a host of other performance engine parts. There is also an old Speed Academy RUclips post “One Fast 2015 Subaru WRX Track Tested at the Limit” ruclips.net/video/WGtIerbbgNU/видео.html where he goes on the record about intakes. Any change that you will notice apparently without a tune you basically hear, namely the induction noise. $577 USD or there about seems a lot to pay for the sound of air sucking but that’s just me.The JB4 at $530 USD a proven performer is a better value.
So by the process of elimination assuming the only meaningful modification for performance left is brakes as braking is a performance modification. So are brakes the modification you are thinking of?
Regardless have fun doing whatever you plan for your Tacoma TRD PRO i max Performance. A true beast given its small displacement ICE.
Love the truck & maybe you can do some tax stuff for the lease, however I would just buy going forward, let’s say you pay 980 m X 36m = 35k then Toyota wants you to pay 45000 to buy it out….= 80,000 total, vs just buying it for 65k to start with and having equity in it as you pay it down,
Either way love the channel and excited to see what you do with it
I thought about this too. Depends on the APR for the normal purchase too. It could be close to the same with the included interest
Because on a lease they make u insure the max amount I bet your other vehicles isn’t insured for as much. Wish I could have seen this before u did it. Now with higher insurance u probably been better to buy
Didn’t know that one. I’m gonna call my company Monday to see what’s up and how to lower that.
Congrats
I hate the trd pro front seat. No space in the back
Leasing makes sense for a business like his if he wants to keep the vehicle for a short time. He is practically renting it until the videos cover the cost of the rent. When the videos start making less than the lease for a few months then he can jump out of the lease.
For personal use I don’t think a lease makes sense ever unless it’s an extremely inexpensive lease. Some EVs in Colorado could be leased for less than $100/month including the down payment with 2-year term. One of the TFL guys did it.
That’s wild! Almost free at that point
You didn't pay as much because you can write some of it off on taxes! Aka, you are smart and I need to go start a toyota channel now as that's the only way I pay for a taco! ❤
Leasing is like your renting which in the end is a wealth destroyer, as is purchasing most new vehicles these days. Even with a business, you can only write off against your income
so buy a horse
For the average American yes
Could have had twin turbo ranger with less cost
Love Tacomas, but 65k you can get way more truck. Just seems silly these prices for trucks that can't tow a weed eater
Looking forward to seeing the mods. However, may they violate some terms of the lease? For example, modifying the truck may negate or reduce the residual value. I dunno, but worth checking into. Good luck.
Will do. It will hurt the value if I cut it all up. Which I don’t plan to do
I payed cash for my 2024 tacoma trail hunter now i will do like I'm making a payment each month that really works out good doing it that way that way your not paying all that interest
Yep. Eventually paying cash would be ideal to avoid all the interest for a very long term car.
@TRDJon yes that works out good doing it that way for me and my insurance went way up for the tacoma trail hunter too
Thats so weird how it is so high
@TRDJon yes it is
Financially sound judgement. Tell me more...
You don’t have to pay sales tax up front when you finance
Yes you do. It’s wrapped into the whole financed price
Shoulda bought it Jon...
Why?
Been leasing for years and I love it.
With a lease , you can write off the payments , tax and license as a business expense .
You can do that with a financed vehicle as well.
Yes you can. But it’s from monthly installments when if I bought a car and sold the same year I can deduct significantly more.
Wow $500 under MSRP. Just bought an 24 ORP today at $3K under MSRP. You need to learn how to shop!
Not really a giveaway when you are making a profit. Insane
Ranger raptor with the factory tune will destroy this truck all day every day. You can also put people in the rear seats in the raptor
I would honestly check the legalities of paying to enter a “giveaway”. Sweet truck!
Heck ya!
Call it a Raffle if we are getting into semantics.
Love the giveaway idea for $100!
When will 25 Tacoma pricing come out?
Next week I hope
@TRDJon so I'm thinking since Toyota has said they fixed the problems with Tacoma's for 2025.. maybe I buy one... And by the time it's paid off, all the problems with 6th gen 4runners should be all fixed...but I won't be buying ANYTHING until interest comes down.. 7-9% is insanity
Jon, maybe it's a FL thing but your insurance sounds expensive bro. As my vehicles have gotten newer the rates have decreased because of the safety features. Our LC is right at $1k for the year with a 1k deductible and high limits that satisfy my umbrella policy.
FL is high AF.
Another bad thing about leases is the mileage limits.
True. If you drive a lot it doesn’t make sense
Nice truck!
Thanks, man! I’m super excited about it.
That's crazy for it to be worth that low. I'm thinking if you look around you'll get a better deal.
Worth that low is good. Cuz if it’s worth higher in the end you make more money. So it’s actually a good thing.
@ I should have clarified that I was referring to your off-road premium Tacoma. 38k-40k for a trade seems low. But maybe that’s how the 4th gen’s are worth used 🤷🏽♂️
Hard to move those with the current recall drama.
I’ve leased before and it’s not worth it. I’d rather finance even though payments might be a little higher. At the end it’s not yours and have to return it. There is a limit on mileage and it’s basically a rental.
I’ve leased Toyotas since 2012, works for me because you don’t pay the full sales tax, and I’m always looking for a new car whenever I pay off a loan anyways. Haven’t bought a set of tires since I started leasing, always under warranty too! 🎉
You’re making a great case for leasing!
And that’s the life of a one of RUclipsrs 🤣🤣
lol
PLEASE DO THE RAFFLE GIVEAWAY 🙏
Congrats on the Truck. Wish I made good money.
Don’t wish, do.
Ofcourse they want you to lease they aint got nothing to lose. Its a win win for the stealership lol
Jon I worry for you. Please do not over extend yourself.
I’m not
Conecelli in Springfield, PA?
Good ol Delco!
$983 times 36 months is $35K. How much did you put down?😂 you’re giving them $15K in equity, guaranteed. Leasing is tough man. You’re basically renting a vehicle for $1000/month. At the end, if you wanna buy it, sure, you can finance it or pay cash, at $45K, making that an $80K truck. You probably can’t modify it much, and it sucks having to worry about miles if you plan on really using the truck. Just my opinion. I leased a ‘22 taco and it was a poor decision by me in the end. That is a sweet truck you got though! Definitely a bit jealous 😂. Loving my trd OR so far.
It’s the same if you financed the $65K truck though too. You aren’t paying just 65K at the end of the
@TRDJon yeah, you’d be paying interest on the financing, true, but financing also allows you to make principal payments in addition to your regular monthly payments. Let’s just say you have financed $60K with $5K down at 10% (I think you’d probably do better, but just as an example) and 60 months term. Your monthly payments will be higher at roughly $1300, but after two or three years, you will have significantly more equity in the vehicle that you may then convert into a nice trade. I’d want to pay off as much as I could right out the gate to lower my daily interest rate as much as possible and get even more equity. With a lease, your payments go into the depreciation of the vehicle more so than with financing. After three years, and no principal payments (just regular monthly payments) you’d have spent about $12K in interest, yes, but your remaining balance would be about $30 grand instead of still owing $45K on a “contract balance.” If you tack in some principal payments and lower your daily interest, you’d both pay less in interest and have more equity. This isn’t an option on a lease.
Also, you’re really stuck in that lease contract for three years or you pay a hefty penalty to get out of it, and that penalty could be as much as your remaining balance minus the final contract balance PLUS fees. Leasing really only makes sense if you’re totally cool with making monthly payments and you don’t plan on keeping the vehicle, but keep in mind that it’s not yours while you have it. You’re renting it from them, and there’s not much you can do at the end except trade it in and start over again with a new one. If you wanna buy out the lease, it’s $45K plus additional fees (remaining taxes, registration and title, and usually a “convenience” fee of some kind as well). With financing, after three years, if you wanna trade in your truck, you’ll have much more options for negotiating a better deal on the next vehicle. If they wanna trade you $45K for your truck, you’d have about $15K to throw towards the new one. Even if you subtract the $12K in interest that you paid over those three years, at least you have SOME net gain vs none whatsoever. And the example I gave is not smart either, but you always have the option of paying down the loan sooner and you’d probably have a significantly better rate too. The reality is, the only actual way to avoid getting ripped off is to buy the vehicle outright unless you can get extremely low interest on the loan, AND where you can make money investing that cash elsewhere instead.
To my knowledge you don't pay a hefty fine. Its $350 if I dont buy another vehicle after. We will see if this pays off in the end
You can’t mod it, if the bank sees your videos , they don’t have to accept it back. Trust I know. Happened to me b4
There is no F’in way that truck is worth 65K !!!! Over $900.00 a month for a lease 😅😅😅
Yep and the very first video I made on the truck already paid its first payment. 🤷🏼♀️
You made a video on the pro? I dont see it ha @TRDJon
6 ish days ago
@@TRDJoni see it now!
@@TRDJonsmh
Eh I wouldn’t lease truck I would lease a ev though . Just get ranger is cheaper or Colorado
I should start leasing trucks and just let them rot out here in New England. Return after every 3-4 years.
Why would you do that?
@ don’t have to worry about the frames rusting out
You did not go through the options
Pro=higher risk drivers generally
for a give away maybe you could do one with someone else? Do you think that would be possible?
It would be with all the companies involved
Gone are those days when the used value for Toyota trucks was very reasonable. Toyota has fallen short and lost its glory.
I tip my hat off to you for leasing an expensive truck.
I wish I could live your life for one day! For one day!!! 😇😅
1 in 1000 chance to win your old gen taco at $100 a shot? That math tells me your looking to get 100k for that truck (donate, other prizes, ect, ect surly doesnt and wouldnt come close to that). Nice as it is. it's a taco... Long time toyota owner here, with my 2nd gen taco, 2nd gen tundra and now 5th gen 4runner, but also a realist. Good luck with whatwver you do with or get out of it though ..
Not in it to make a killing but would look to make decent on it if I did that for sure.
Nissan Frontier PRO-X fully loaded $43K with V-6. Ford Ranger Raptor with 400 hp V-6 $56K Or this sad thing for $65K...hahaha
Need i say more?????????????????????????????????
No cuz that’s all public info. Cool 👍🏼
I dont lease cars, I like to keep my cars.... love the trd-pro, but financial it just doesn't sense for average folks that want to keep their cars. I was a die hard toyota fan... toyota just changed for the worse, this is just me what I have seen and felt as I have been to car shows. oh well... dont worry, I will not buy GM garbage.
Nice truck but 923 a month for a Tacoma…….🤔
It was 1100 if I financed
DO NOT WRAP THIS BEAUTIFUL TRUCK!!