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Jaguar XK-Series Lease Questions

kyfdxkyfdx Posts: 31,194
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: 38,515
    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: 38,515
    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: 38,515
    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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  • Hi Car Man ... you're the guru of all things leases, you helped me out on my current A8 lease and I'm looking to get an 2010 XKR Coupe. Do you hve the MF and residual for a 36mo lease for 15K miles? Jag has a program that I found on Edmunds main page for Jag for $1399 / 36mo / 10000mi/yr / $6193 due at signing - this must include some sort of cap reduction. I'm not into putting in any cap reduction down on the car. Thanks in advance man!
  • Thanks timincali. Here's the info that you're looking for. Jaguar's current money factor and residual value for a 36 month lease of a 2010 Jaguar XKR Coupe with 15,000 miles per year are .00171 and 50%, respectively.

    Car_man
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  • jsd39jsd39 Posts: 5
    Okay, since I'm not much of a mathematician (or maybe it's because I'm intellectually lazy), here's my question: if I want to lease a 2010 XK Coupe, with a sticker price of $83,000, 12,000 miles per year, 36 months, what's a reasonable monthly lease rate (and cash up front). Thank you very much!
  • Car Man, you are the security blanket of us, the dealerships prey.
    What do you think of this lease:
    2010 XK coupe
    MSRP: $ 83,300
    Negociated price: $ 77,500
    Residual value: 51%
    Previous lease end rebate (for a lease ending in march): - $1,000
    Money Factor: 0.00146
    36 month lease
    $ 1,734.47 Down
    10,000 miles per year
    Monthly payment tax included: $ 1,241

    Did I make you proud?, or is it just ok...

    Also, looking at some aftermarked wheels; is it better to do them through the dealership for guarantee/correct setting purposes, or any reputable wheel/performance outfit can also do a good joob while saving you $$?

    Thanks in advance!
  • hello, thank you for all the great data on 3 years leases! i'd like to consider all options, can you let us know what the jag/chase leases look like currently for 48 and 60 months? (residuals and money factors) maybe the latest on 36 months as well...

    thanks in advance!
  • Hi jsd39. This car's lease payment will depend upon what sort of selling price you are able to negotiate on it. The lower the selling price, the lower your lease payment.

    For now I will assume that you will be able to negotiate a $5,000 dealer discount. Let me know if you want me to use a different number.

    According to my calculations, if you were to lease a 2010 Jaguar XK8 Coupe that has an MSRP of $83,000 and a selling price of $78,000 through Chase right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $1,167.

    Car_man
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  • This looks like a very good deal to me, soldes. The selling price is reasonable and the money factor is right in line with what Chase is currently charging. Good job.

    I don't think that you have to get your wheels at the dealership. I know a number of people who have had good luck with places like TireRack.com.

    Car_man
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  • You're welcome, don_gio. Jaguar's lease program varies by trim level. For now I will assume that you are interested in a 2010 XK8 Coupe. Let me know if you want something different.

    Chase's current lease money factor and residual value for a 36 month lease of a 2010 KX8 Coupe with 15,000 miles per year are .00146 and 49%, respectively.

    The numbers for a 48 month lease are .00176 and 35%.

    I have not seen any info on 60-month leases of this model.

    Car_man
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  • sorry man, i could have been more clear!! looking at a 2010 XKR coupe. 12k or 15k miles! thanks!!
  • jsd39jsd39 Posts: 5
    Thank you very much for this info! One clarification: when you say zero down, is that literally zero out of pocket up front? (No "cap reduction cost", etc.?)

    Also, are the residual value and money factor the same whether I contract for a 12k or 15k mileage allowance?

    Finally, do you anticipate that these numbers will change in March?

    Thanks again!
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