Toyota Sequoia Limited Lease
The Toyota Sequoia Limited strikes a perfect balance between power and luxury, and you may be able to lease one for $1,000 a month.
Written by Joshua Levy
Reviewed by Jessica Barrett
The Toyota Sequoia Limited is a reliable, full-size SUV that strikes a strong balance between power and luxury. Of course, it also comes with a high cost, at around $1,000 per month for people with credit scores of 620 to 650.
If you’re looking for off-road power in a family car with a sleek exterior, look no further than the Toyota Sequoia Limited. Although it’s pricey to buy, its V6 engine, advanced safety features, spacious interior, and quality infotainment system more than justify the cost.
Of course, leasing is a great option for anyone who wants to experience the Sequoia Limited without committing to full-on ownership.
But finding the right lease can be a complicated process. That’s why the
car insurance
quote shopping app Jerry
has gathered everything you need to know about leasing the Toyota Sequoia Limited. In this article, we’ll cover everything from the leasing costs to finding the lowest Toyota Sequoia insurance cost
. Find out if you can reduce your monthly car payments in minutes
* checking your rate won’t affect your credit score
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* checking your rate won’t affect your credit score
How to lease a Toyota Sequoia Limited
Leasing the Toyota Sequoia Limited is just like leasing any other car—the first step is getting your finances in order. Going into lease negotiations without a clear idea of how much you can afford puts you at a huge disadvantage.
Here are a few steps you can take to prepare for your lease:
- Set your budget. Your monthly car lease payments should typically be less than 15% of your monthly income.
- Check your credit score. If you apply for a lease with a credit score under 520, you may not qualify for an affordable rate (if you qualify at all). Consider building your credit to at least 630 before applying.
- Check your mileage. Lease agreements are partially based on the number of miles you intend to drive each year. Tracking your driving habits can help you choose the right mileage cap, saving you money on monthly payments or overage charges.
- Save for a down payment. Big down payments can help reduce the cost of your monthly car insurance payments. Try saving up as much as possible for your first upfront payment.
When you feel confident that your finances are in order, it’s time to contact some local dealers and
compare lease offers
. Try to remember that your first offer will rarely be the best available option. Comparing offers from at least three dealerships can help you get a feel for the kind of options you have.The final step: shop for insurance
Whichever lease you choose, you’ll need a car insurance policy before you can hit the road. Luckily, finding an affordable rate is faster and easier than ever with
Jerry
. Just download the app, answer a few questions, and Jerry will scan competitive quotes from over 50 top providers and deliver the best deals straight to you.
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How much does a Toyota Sequoia Limited lease cost?
Leasing the Toyota Sequoia Limited can cost anywhere from $877 to $1,276 a month, depending on your credit score and a few other factors.
Here are a few factors that impact the real cost of your lease:
While factors like location and season can help you save a fortune on lease agreements, trim level and credit score typically weigh in more heavily in dictating your lease payments.
The Toyota Sequoia Limited is a mid-level trim that reaches a premium level of quality. With a wider touchscreen, heated seats, and folding third row, the Toyota Sequoia Limited incorporates some of the core luxuries of higher trims for a fraction of the cost.
But if you decide to lease the Sequoia Limited, your credit score will determine exactly how much you need to pay. To give you some idea of how much you can expect to owe each month, here are the average lease rates for the Toyota Sequoia Limited by credit score, assuming you haven’t made a down payment:
Credit score | Monthly payment |
|---|---|
520 to 579 | $1,276 |
580 to 609 | $1,178 |
610 to 629 | $1,128 |
630 to 649 | $1,063 |
650 to 669 | $1,009 |
670 to 689 | $935 |
690 to 719 | $898 |
720+ | $877 |
Find out if you can reduce your monthly car payments in minutes
* checking your rate won’t affect your credit score
Check your rate
* checking your rate won’t affect your credit score
While these are only averages, you should expect high monthly payments when you apply for a lease with a poor credit score. Consider taking some time to build up your credit before applying for a lease if your credit could use some work.
Services included in a Toyota Sequoia Limited lease
The Toyota Sequoia Limited lease agreement should include a
ToyotaCare
maintenance plan that includes the following:- Routine maintenance for two years or 25,000 miles
- 24-hour roadside assistance
Keep in mind that the ToyotaCare plan only covers routine maintenance, so it won’t help you cover repairs that result from accidents. That said, the ToyotaCare plan can help make keeping up with a
car maintenance schedule
significantly more affordable. Here are a few services the care plan should cover:
- Oil change
- Filter changes
- Tire rotations
- Fluid changes/flushes
MORE: How much should an oil change cost?
What to do when your Toyota Sequoia Limited lease is up
At the end of your lease, you’ll be left with two main options: return your car or buy it.
Each comes with pros and cons. If you feel like the Sequoia Limited has become an essential part of your life, keep it! But if you think it might be time to explore new options, you can always take it back to the dealership. Either way, keep reading to learn more about your next steps.
How to return a leased Toyota Sequoia Limited
The return process for a leased Toyota Sequoia Limited may seem long, but it’s simple enough if you take it one step at a time. Plus, Toyota has an easy-to-read
return checklist
to make sure you remember everything.Here are the steps you should take to return your Toyota Sequoia Limited:
- Check for excessive wear or damage
- Get a pre-return inspection
- Make any requiredcar repairs
- Schedule a return date
- Remove all personal belongings from the car
- Bring all car-related materials to the return appointment (tool kits, spare tires, extra keys)
- Confirm the return
- Sign anodometer disclosure statement
- Receive final invoice and return confirmation
- Pay all required fees
- Keep paperwork for your records
Hopefully, the steps above can help you get started on the return process. Try to remember that some of the steps above may be more time-intensive than others. To make sure you return your lease in a timely, responsible way, be sure to plan ahead and schedule your appointments accordingly.
How to purchase a leased Toyota Sequoia Limited
When you lease a car from Toyota, your lease agreement will typically include a purchase price if you decide to keep the car. This makes the buying process much easier as Toyota is required to honor the amount in the agreement.
That said, you can purchase your leased Sequoia Limited by telling your dealership you’d like to buy it and coming in for an appointment to review your financing options. Altogether, it’s a quick, easy process that shouldn’t take more than a day!
MORE: 7 things to look for when buying a used car
How to find the best car insurance for a Toyota Sequoia Limited lease
To lease a car like the Toyota Sequoia LImited, you’ll need a solid car insurance policy to match. Luckily, finding affordable insurance is faster and easier than ever with the
Jerry
app. As a
licensed broker
, Jerry helps users save an average of $887 a year on car insurance. Just download the app, answer a few questions about your insurance needs, and Jerry will send you personalized quotes sourced from over 50 top providers like Progressive, Nationwide, and Allstate for free. When you find a quote you like, Jerry can help you switch plans and even help cancel your old one. Have a question about your new policy? Jerry’s friendly agents are always here to answer questions and help you learn more about your best coverage options.
“A seamless process and a fantastic app!Jerrysaved me over $2000 on car insurance. I would recommend it to anyone and everyone.” —Osvaldo B.
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