Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Jaguar XF Lease Questions

18911131416

Comments

  • You're very welcome mjt9090. Chase's December buy rate lease money factor and residual value for a 36-month lease of a 2012 Jaguar XF Base with 12,000 miles per year are .00001 and 48%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi, just hoping for some feedback on whether this is a good deal.

    I am coming out of an XF lease so they provided some consideration to keep me as a customer.

    2012 XF base with Nav, cold weather, rear view camera. 12k per year 36 month lease. $650 / month including tax with only MV fees which should be somewhere around $1500. Thoughts?
  • That seems like a good deal. I am currently in negotiations right now but my numbers are $699 a month including the 8.75% sales tax here in Los Angeles with $2995 due at signing for Tax, title, license and first months payment. If you would not mind, I would love to know the selling price that is being offered to you as well as the residual and money factor to see if I can get the dealer to match your offer.
  • baobabs727baobabs727 Posts: 2
    edited December 2011
    I wanted the XF, but the 51 percent residual just killed the deal. I test drove the Audi A7, Mercedes E350 Gas, E350 BluTec, BMW 528 and Jaguar XF Portfolio. I have to say that the Jaguar had the best interior in terms of clean, understated elegance and attention to detail. It also felt the most powerful. However, the German cars braked, steered and cornered marginally better while offering (nearly as) attractive packaging and more-than-adequate power. And, more to the point, except for Audi, they also presented more favorable lease terms.

    The XF Portfolio had an MSRP of $59875. I negotiated it down as far as the dealer would go to $55775. That is apparently pretty decent from what I'm hearing. The money rate bottomed out at .00081 for 36 mos at 15K miles, also decent. Sales tax rate is a modest 3.2 percent here. Dealer fees of $499, $795 acquisition fee. The residual for 36 mos at 15K/yr (my target) was originally quoted as 52 percent, but at the very last minute they reduced it to 51 percent claiming a "math error." They basically took away the "Jaguar modifier credit" of 1 pct. Confusing. Residuals were 60 pct at 24 mos (!) and 41 pct at 48 mos.

    Lease with 1st pmt (plus title/tags only up front) due upon signing and with the taxes and fees rolled in rendered a pmt of $1086 for 24 mos, $859/mo for 36 mos, and $813.43 for 48 mos. Again, all at 15K mis/yr. Pmts were $953/771/746, respectively, with 1st pmt, tax/tag/title/fees up front (around 4K) and no voluntary cap cost reduction.

    In my opinion, these are not particularly great lease opportunities for a mid 50'sK vehicle. Please correct me if you think I'm wrong. Even with the negotiated price way under avg and a money factor which converts to 1.94 pct.

    Blame the horrible residuals...and the relatively (to other brands) stingy reduction off MSRP.

    Mercedes, on the other hand (just to name one), offered a 64 pct residual at 30 mos, 55 pct at 36 mos, 51 pct at 42 mos and 49 pct at 48 mos. Mercedes Benz money factors are not exceptionally great for the E350 (.00145 for 36 mos at 15K miles), but their residuals save the day. Of course, it doesn't hurt that, thanks to the Winter Event, MB dealers are slashing up to 14 pct off MSRP on the E Class sedan. Heh.
  • My deal in NY is as follows:
    MSRP:$55,100
    Selling Price: $49,155
    Residual 44%
    MF .00018 (thru Chase)
    39 month lease 15k per year, all other payments made up front, NOT in lease payment
    Monthly payment=$652
  • kauffman1974kauffman1974 Posts: 10
    edited February 2012
    Hi Car_man,

    Can you possibly post the money factor and residual value for a 36-month lease Jaguar XF Base with 12,000 miles per year for February 2012.

    Thanks.
  • inwesterinwester Posts: 14
    edited March 2012
    In NJ I was quoted $656 for a Jaguar XF (base), with a $5000 initial payment, which included first payment, taxes, title everything. This is for a 36 month lease with 12,000 miles option.

    Is this a good deal?
  • mjt9090mjt9090 Posts: 5
    My final deal I closed in December was 2012 XF 36month lease with 12k miles a year. I came up with 4k drive off and my payment is $605 a month including the 8.75% sales tax. I was hoping to come up with less down but I also wanted my payment at around $600.00. If you would like I can post the details of my lease including selling price, money factor and so on once I get into my office and I can review my contract. One thing I do know is the money factor in December was what made the deal happen since the residual is pretty bad. I will say this, I couldn't be happier with the car. Looks fast, it is fast & gets compliments whenever I am out.
  • inwesterinwester Posts: 14
    Thanks mjt9090. Yes, please do send me the details (don't know if there is a private message facility in this forum).
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi kauffman1974. Jaguar's current buy rate lease money factor and residual value for a 36-month lease of a 2012 XF Base with 12,000 miles per year are .00001 and 46%, respectively for consumers who qualify for its top credit tier.

    Jaguar is providing a $2,300 cash incentive on leases of this car right now. Make sure to take this cash into account during your negotiations.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • evinlawevinlaw Posts: 2
    Hi Car_man!

    Trying to get some info on the current lease deals on the XF sports package. The car I am looking at has an MSRP of $66,400 and shows the adjusted cap cost of $64,516 (including the $795 ACQ fee). I am also seeing a money factor at .00045 and residual at 47%. Looking to do a 36 month lease (unless something shorter comes out cheaper) with 12k miles. Does the above look good/correct (money factor, residual, etc)? Do you know if the incentive mentioned above is still being offered or are there any other rebates, etc? Thanks for the help. I have never dealt with a jaguar dealership before so not sure what to expect.
  • evinlawevinlaw Posts: 2
    Hi Car Man,

    Since its now May, do you have info on money factors, residuals and any rebates or incentives for may/June. My current lease isn't up until the end of June, so I'm wondering if there is any benefit in waiting until then or doing a deal now. Thanks in advance.
  • woodsdrumswoodsdrums Posts: 12
    Car Man: now that May is here, and I'm planning on leasing a 2012 Jag XF Portfolio, what is the money factor rate for and residual value for 36 mos and 48 mos? and, are there any incentives/rebates for the dealer or for me as a lessor? I would appreciate any information you can give me on this...... I need to move on this quickly...Thx
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi evinlaw. Jaguar's May programs are pretty close to its April programs. It's difficult to say what its June programs will be like at this point, but I suspect that they won't change much.

    Chase's May buy rate lease money factor and residual value for a 36-month lease of a 2012 XF with Sport and 12,000 miles per year are .00003 and 46%, respectively for consumers who qualify for its top credit tier.

    Jaguar is providing a $1,200 cash incentive on leases of this car in May.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited May 2012
    How's this for fast, woodsdrums :)? Chase's May buy rate lease money factor and residual value for a 36-month lease of a 2012 Jaguar XF Portfolio with 15,000 miles per year are .00003 and 46%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 48-month lease are .00032 and 42%.

    Jaguar is providing a $1,200 cash incentive on leases of the XF Portfolio through Chase right now.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • nd_irishnd_irish Posts: 33
    Hi Car_man,

    I would appreciate it if you could let me know the May 2012 residuals and money factors for a 24-month and 36-month lease with 10,000 miles per year for the XF base model. Also, are there reduced money factors for loyal Jaguar clients, and does Jaguar offer any annual mileage for a lease lower than 10,000 miles per year? I believe Mercedes-Benz may offer a 7,500 mile per year lease option and was curious if Jaguar had anything similar. Thank you!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to help you out nd_irish. Jaguar's May buy rate lease money factor and residual value for a 24-month lease of a 2012 XF Base with 10,000 miles per year are .00053 and 52%, respectively.

    The numbers for an otherwise identical 36-month lease are .00002 and 45%.

    Jaguar is currently providing a $3,400 cash incentive on leases of this car. I don't believe that it is offering any additional incentives for loyal customers.

    I'm not sure if Chase, that who Jaguar runs its special lease program through, offers leases on Jags with less than 10,000 miles per year. It wouldn't hurt to ask.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • woodsdrumswoodsdrums Posts: 12
    I'm Sorry I missed your reply before I had to finalize the deal for my wife's new car...now that I have the time I can give you and others feedback on how things worked out....the fact that I didn't have your information did cost me....but, here's the deal I got:

    MSRP: $59875
    Gross Cap Cost: $54903.66(includes destination charges)

    Down Payment: $3000 - covered the following 6 items
    1.Capitalized cost reduction: $953.15
    2.Bank Acquisition Fee: $795
    3.First monthly payment: $727
    4.Initial registration fees: $447
    5.Cash Cap tax: $69.10
    6.California tire tax: $8.75

    Adjusted Cap Cost: $53995
    Residual Value: 23351
    Money Factor: .00051 (I was told that this was the top tier Chase’s leasing rate
    Term in Months: 48
    Sales Tax: 7.25%

    For the following amount:
    Monthly Payment: $677.86
    Sales Tax: $49.14
    Total: $727.00

    I was told there was no incentives available to the customer or the dealer, and yet you said Jaguar is providing a $1200 incentive...I think they gave part of it to me anyway because they sold me the car for $54903.66...But, can they markup the money factor rate from .00032 to .00051 and tell the customer that that is the top rate?
    Also, please let me know overall what you think of this deal.
    Thanks
  • nd_irishnd_irish Posts: 33
    Hi Car_man-

    Once again, thank you for the information. With regard to the $3,400 cash inventive, is this a number you would expect to be deducted from the final negotiated price of the car? The reason I am asking is that it looks like for the advertised base XF lease special on the Jaguar Web site, the final sales price of the car would have to be a few thousand dollars less than the dealer cost for the vehicle. Let me know. Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi woodsdrums. The money factor that you were quoted is pretty close to Chase's buy rate for a 48-month lease of this car in April. The selling price looks good as well. If you like the car, I personally don't see anything wrong with this deal. Enjoy your new ride!

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
Sign In or Register to comment.