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Jaguar XK-Series Lease Questions

kyfdx@Edmundskyfdx@Edmunds Posts: 25,898
Ask your Jag XK lease questions here!

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  • mary37mary37 Posts: 4
    Hi:
    I want to lease a Jaguar XK Convertible. I would like to get an idea of what the current residual rate is and the money factor rate is from Jaguar? I have spoken with the two dealers in my area regarding this and one dealer tells me 53% and the other 60%, what should I believe? I know the car just came out, and leases may not be that good, but could you help provide me with an idea? The options on the vehicle I would like are about 10,300. The cost 76,665 (TMV)
    So I hope to pay about 87,000. I would like a 3 year 12000 mile lease. Any help would be greatly appreciated.
    Thanks.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi mary37. Jaguar Credit's current 36 month, 12,000 mile per year buy rate lease money factor and residual value for the 2007 XK8 Convertible are .00223 and 49%, respectively.

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  • Hi.

    What are the current money factors and residuals for 24, 30 and 36 month terms on a 2008 XK using 10,500 miles per year? Also, what date will Jaguar Credit change these rates? Thanks very much.
  • Hi asolare1. Jaguar Credit's current buy rate lease money factor and residual value for a 24 month lease of a 2008 XK8 Coupe with 10,500 miles per year are .00323 and 67%, respectively. The numbers for an otherwise identical 30 month lease are .00334 and 63%. The numbers for an otherwise identical 36 month lease are .00333 and 54%. This lease program is scheduled to run through the end of the year.

    Car_man
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  • Thanks for those. What are the factors and residuals for the convertible if they are not the same as you posted for the coupe?
  • You're very welcome, asolare1. Through the end of the year, Jaguar Credit's buy rate lease money factor and residual value for a 24 month lease of a 2008 XK8 Convertible with 10,500 miles per year are .00252 and 63%, respectively. The numbers for an otherwise identical 30 month lease are .00276 and 59%. The numbers for an otherwise identical 36 month lease are .00283 and 52%.

    Car_man
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  • can someone tell me what the 2nd quarter 2008 money factor and residual are for a 2008 xkr convertible for a 24 month 10k yer lease. Many thanks
  • I am interested in an XK convertible, probably 2009.

    Does anybody have information on current lease rates, e.g., money factors & residuals for 2009? I have searched the 'Net high & low and cannot seem to find anything current on this topic. Thanks
  • Hi steve5554340. Jaguar Credit's lease program for the XK8 Convertible varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Jaguar Credit's current buy rate lease money factor and residual value for a 36 month lease of an '09 XK8 Convertible with 15,000 miles per year are .00164 and 46%, respectively.

    Good luck in your quest for a new car and let us know how everything turns out.

    Car_man
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  • Car_man, thanks very much. That is very helpful. I'm leaning towards a 36 mo. lease, but 12K miles/yr. Can you advise what the money rate & residual would look like for that?

    Again, thanks much for your help. And I will keep everybody posted on how things turn out.
  • You're very welcome, steve5554340. The money factor for an otherwise identical lease with only 12,000 miles per year is the same, but the residual value would be 2% higher than with 15,000 miles per year.

    Car_man
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  • how8200how8200 Posts: 5
    Does anybody know the money factor and residual for 2010 Jaguar XKR for 10K miles/ year
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    I sure do how8200. Here you go. Chase's (Jaguar runs its supported lease program theough them instead of Jaguar Credit now) buy rate lease money factor and residual value for a 36 month lease of a 2010 XKR with 10,000 miles per year are .00220 and 56%, respectively. The numbers for an otherwise identical lease of an XKR Convertible are .00191 and 54%.

    Car_man
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  • Does anyone know the current money factor and residual value for this vehicle? I need only 10,000mi/year. Thanks, Wildingman
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings wildingman. Here's the information that you're looking for. Chase's (Jaguar runs all of its special leases through them now) current buy rate lease money factor and residual value for a 36 month lease of a 2009 XKR Convertible with 10,000 miles per year are .00191 and 54%, respectively.

    Car_man
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  • Thank you for your help. Would the money factor and residual value for the 2010 XKR convertoble,be different in March 2010, which is when I am considering purchasing the automobile.
  • You're very welcome, how8200. This car's lease program will definitely be different in March. Unfortunately, it is difficult to say exactly what it will be like then, but I will be happy to fill you in on the details of the new program when you're in the market.

    Car_man
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  • Leasing: you pay $799/mo and turn in the car at end of 36 months

    Buying: you pay $799/mo and keep/resell/trade-in the car after 36 month, up to you.

    The difference is clear.
  • Considering an XKR Coupe. Is there anything lower than 10K (7.5k?)? If so please quote the residual and MF for both mileages and for 24 and 36 months. Greatly appreciated! Thx!!!
  • HI jkrutch. I haven't seen 7,500 mile per year residual values for Jaguars, but I wouldn't be completely surprised if it had them. If it does, its 7.5k resids are likely 1% higher than its 10k resids.

    Jaguar's current buy rate lease money factor and residual value for a 24 month lease of a 2010 XKR Coupe with 10,000 miles per year are .00207 and 59%, respectively. The numbers for an otherwise identical 36 month lease are .00207 and 55%.

    Car_man
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