$736.03 per month including tax $1,788.48 due at signing (no down payment; just first month, tax, tag, fees)
Thanks!
Sounds like a pretty good deal to me. $2,500 off MSRP. Just out of curiousity - what options does it have on it to get it from $58k up to the 61.5k? I haven't seen anyone post July MF/residual yet, so assuming that the numbers you just provided here are the new ones straight from JLR financial, then I'd say you're in good shape!
When was this quoted to you? Whats your tax rate % used in this calc? My spreadsheet calculated a monthly payment of $722.53 at 7% sales tax using your numbers...
I'd be interested in seeing the cost breakdown of the $1,788.48 OTD
Sounds like a pretty good deal to me. $2,500 off MSRP. Just out of curiousity - what options does it have on it to get it from $58k up to the 61.5k? I haven't seen anyone post July MF/residual yet, so assuming that the numbers you just provided here are the new ones straight from JLR financial, then I'd say you're in good shape!
When was this quoted to you? Whats your tax rate % used in this calc? My spreadsheet calculated a monthly payment of $722.53 at 7% sales tax using your numbers...
I'd be interested in seeing the cost breakdown of the $1,788.48 OTD
I am in PA, which has a 6% sales tax. Selling price is ~$59K and includes cold weather package and metallic paint - probably a couple other dealer add-ons. I believe the quote used June numbers.
Promotional rates that aren't part of the information we get?
The numbers you guys are quoting don't make sense...
See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA MSRP $60,295.00 Negotiated Price $60,295.00 Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Money Factor 0.001360 - SOLVED FOR THIS Mileage / Residual: 10,000 64%
LEASE CALCULATIONS Capitalized Cost $60,295.00 MSRP Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Adjusted Capitalized Cost $58,274.00 Final Cap Residual Value $38,588.80 Given in offer Total Lease Amount $19,685.20 Base Payment (36 months) $546.81 Rent Charge (Interest) $131.73 Total Monthly Payment $678.54 Base Payment plus Tax.
Promotional rates that aren't part of the information we get?
The numbers you guys are quoting don't make sense...
See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA MSRP $60,295.00 Negotiated Price $60,295.00 Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Money Factor 0.001360 - SOLVED FOR THIS Mileage / Residual: 10,000 64%
LEASE CALCULATIONS Capitalized Cost $60,295.00 MSRP Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Adjusted Capitalized Cost $58,274.00 Final Cap Residual Value $38,588.80 Given in offer Total Lease Amount $19,685.20 Base Payment (36 months) $546.81 Rent Charge (Interest) $131.73 Total Monthly Payment $678.54 Base Payment plus Tax.
Promotional rates that aren't part of the information we get?
The numbers you guys are quoting don't make sense...
See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA MSRP $60,295.00 Negotiated Price $60,295.00 Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Money Factor 0.001360 - SOLVED FOR THIS Mileage / Residual: 10,000 64%
LEASE CALCULATIONS Capitalized Cost $60,295.00 MSRP Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Adjusted Capitalized Cost $58,274.00 Final Cap Residual Value $38,588.80 Given in offer Total Lease Amount $19,685.20 Base Payment (36 months) $546.81 Rent Charge (Interest) $131.73 Total Monthly Payment $678.54 Base Payment plus Tax.
Promotional rates that aren't part of the information we get?
The numbers you guys are quoting don't make sense...
See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA MSRP $60,295.00 Negotiated Price $60,295.00 Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Money Factor 0.001360 - SOLVED FOR THIS Mileage / Residual: 10,000 64%
LEASE CALCULATIONS Capitalized Cost $60,295.00 MSRP Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Adjusted Capitalized Cost $58,274.00 Final Cap Residual Value $38,588.80 Given in offer Total Lease Amount $19,685.20 Base Payment (36 months) $546.81 Rent Charge (Interest) $131.73 Total Monthly Payment $678.54 Base Payment plus Tax.
Promotional rates that aren't part of the information we get?
The numbers you guys are quoting don't make sense...
See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA MSRP $60,295.00 Negotiated Price $60,295.00 Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Money Factor 0.001360 - SOLVED FOR THIS Mileage / Residual: 10,000 64%
LEASE CALCULATIONS Capitalized Cost $60,295.00 MSRP Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Adjusted Capitalized Cost $58,274.00 Final Cap Residual Value $38,588.80 Given in offer Total Lease Amount $19,685.20 Base Payment (36 months) $546.81 Rent Charge (Interest) $131.73 Total Monthly Payment $678.54 Base Payment plus Tax.
Promotional rates that aren't part of the information we get?
The numbers you guys are quoting don't make sense...
See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA MSRP $60,295.00 Negotiated Price $60,295.00 Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Money Factor 0.001360 - SOLVED FOR THIS Mileage / Residual: 10,000 64%
LEASE CALCULATIONS Capitalized Cost $60,295.00 MSRP Capitalized Cost Reduction $2,021.00 Down payment as stated in offer Adjusted Capitalized Cost $58,274.00 Final Cap Residual Value $38,588.80 Given in offer Total Lease Amount $19,685.20 Base Payment (36 months) $546.81 Rent Charge (Interest) $131.73 Total Monthly Payment $678.54 Base Payment plus Tax.
We are interested in leasing a 2016 LR 4 and received the following offer from the dealership, which seems terrible compared to some of the others we've seen here.
Wanted to get opinions on what we could come back with.
2016 LR 4 HSE Silver Edition Sell price: $62,004 36 month lease/ 10k miles $1,500 down 6% tax rate (Texas) Purchase Option Amount: $36,171.72 Monthly payment: $1,266
We are interested in leasing a 2016 LR 4 and received the following offer from the dealership, which seems terrible compared to some of the others we've seen here.
Wanted to get opinions on what we could come back with.
2016 LR 4 HSE Silver Edition Sell price: $62,004 36 month lease/ 10k miles $1,500 down 6% tax rate (Texas) Purchase Option Amount: $36,171.72 Monthly payment: $1,266
Thank you!
61% and .00270.
Texas applies sales tax against the entire selling price. Find out the adjusted cap cost the dealer is using, and what else is being added to it in addition to the sales tax.
Michaell, thank you. After some negotiating, they came back with this: (attached). Is there any way you see $750-850 monthly payments possible with $1,500 - $3,000 down given this worksheet?
Hi, can you post current MF/residual for LR4 (the basic LR4--not HSE Silver and not Landmark) 10K miles for 36 or 39 month or whatever is best term? Thank you.
Hi, can you post current MF/residual for LR4 (the basic LR4--not HSE Silver and not Landmark) 10K miles for 36 or 39 month or whatever is best term? Thank you.
So my local dealer is quoting me MSRP of 69,400 on a loaded Silver edition with rear seat entertainment, he tells me there is No discount on the vehicle. Production has stopped on the LR4 so this is a hot car (bs?). So residuals are falling but they won't discount the vehicle. Does this seem right?
So my local dealer is quoting me MSRP of 69,400 on a loaded Silver edition with rear seat entertainment, he tells me there is No discount on the vehicle. Production has stopped on the LR4 so this is a hot car (bs?). So residuals are falling but they won't discount the vehicle. Does this seem right?
Sounds to me like they're completely confident that they're going to be able to move their remaining inventory - or he's bsing you and wants you to think that's the case. Either way, id be surprised if you were able to get more than $1000 off msrp at this point. The LR4s are indeed out of production and will likely go the way of the FJ Cruiser with respect to demand and resale value (meaning it'll stay high now that you can't buy them anymore)
Well, the luxury suv segment is crowded. They are welcome to sit on their inventory, sounds like their are deals to be had on the GLS or maybe the X5. They seemed to be put off by the idea of leasing the car, maybe they don't want it back.
Well, the luxury suv segment is crowded. They are welcome to sit on their inventory, sounds like their are deals to be had on the GLS or maybe the X5. They seemed to be put off by the idea of leasing the car, maybe they don't want it back.
You definitely don't want to lease this vehicle. ZERO support.
HELP!!! I'm new to all this. Is there a place I can go to learn about residual factor and money factor and what they mean. I have a deal on the table I need help with. From the looks of the previous posts you'll need some numbers...what are the best numbers to get the best info back?
And this is for a 16.5MY LR4 Silver Edition (BLK PACK)...Do I lease or buy?
I see there's no lease support...what does that mean?
HELP!!! I'm new to all this. Is there a place I can go to learn about residual factor and money factor and what they mean. I have a deal on the table I need help with. From the looks of the previous posts you'll need some numbers...what are the best numbers to get the best info back?
And this is for a 16.5MY LR4 Silver Edition (BLK PACK)...Do I lease or buy?
I see there's no lease support...what does that mean?
"no lease support" means that Land Rover isn't putting any incentives on leases of this model.
If you want it, you should buy, rather than lease.
Comments
2016 LR4 HSE Silver Edition
MSRP: $61,518 MSRP
Selling Price: $59,018
Residual: 63%
MF: 0.00115
Lease Term: 36 Months / 10,000 miles/year
$736.03 per month including tax
$1,788.48 due at signing (no down payment; just first month, tax, tag, fees)
Thanks!
When was this quoted to you? Whats your tax rate % used in this calc? My spreadsheet calculated a monthly payment of $722.53 at 7% sales tax using your numbers...
I'd be interested in seeing the cost breakdown of the $1,788.48 OTD
LEASE INPUT INFORMATION
MSRP $61,518.00
Negotiated Price $59,018.00
Lease Incentive $- n/a
Capitalized Cost Reduction $- n/a
Tax Rate on Lease Payments 6.00%
Money Factor 0.001150
Months/Mileage: 36 / 10,000
LEASE CALCULATIONS
Capitalized Cost $59,018.00
Capitalized Cost Reduction $0.00
Adjusted Capitalized Cost $59,018.00
Residual Value $38,756.34
Total Lease Amount $20,261.66
Base Payment (36 months) $562.82
Rent Charge (Interest) $112.44
Tax $40.52
Total Monthly Payment $715.78
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Possible that a promotional .00170 MF exists.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2016 LR4 HSE Silver Edition
MSRP: $61,518 MSRP
Selling Price: $59,018
Residual: 63%
MF: 0.00115
Lease Term: 36 Months / 10,000 miles/year
Any idea where these are coming from?
Promotional rates that aren't part of the information we get?
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See manufacturer offer link below. Using the information provided in the ad, we can calculate that the MF must be .00136 in order to achieve the stated monthly payment of $679 (pre-tax, as stated).
LEASE INPUT DATA
MSRP $60,295.00
Negotiated Price $60,295.00
Capitalized Cost Reduction $2,021.00 Down payment as stated in offer
Money Factor 0.001360 - SOLVED FOR THIS
Mileage / Residual: 10,000 64%
LEASE CALCULATIONS
Capitalized Cost $60,295.00 MSRP
Capitalized Cost Reduction $2,021.00 Down payment as stated in offer
Adjusted Capitalized Cost $58,274.00 Final Cap
Residual Value $38,588.80 Given in offer
Total Lease Amount $19,685.20
Base Payment (36 months) $546.81
Rent Charge (Interest) $131.73
Total Monthly Payment $678.54 Base Payment plus Tax.
Given payment in ad is $679...
http://www.landroverusa.com/current-offers/index.html?utm_source=bing&utm_medium=cpc&utm_term=land%252520rover%257C388%257C431141&utm_content=content%257C9708913035&utm_campaign=2015%252520Land%252520Rover
Those assumptions are yours, and not a given.
The advertised deal actually assumes a $1068 dealer discount from MSRP.
Re-do your calculations, and you should come up with .00169, which is the actual money factor used in that advertised deal.
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Would be interested in 7.5k & 10k for 33, 36, 39mo on LR4 HSE Silver
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Not seeing any special lease programs for the LR4, this month.
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LR4 HSE Silver
10k / 36mo
LR4 Landmark
10k / 36mo
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We are interested in leasing a 2016 LR 4 and received the following offer from the dealership, which seems terrible compared to some of the others we've seen here.
Wanted to get opinions on what we could come back with.
2016 LR 4 HSE Silver Edition
Sell price: $62,004
36 month lease/ 10k miles
$1,500 down
6% tax rate (Texas)
Purchase Option Amount: $36,171.72
Monthly payment: $1,266
Thank you!
Texas applies sales tax against the entire selling price. Find out the adjusted cap cost the dealer is using, and what else is being added to it in addition to the sales tax.
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Thank you!
You could buy this vehicle for just about $200/mo. more than these lease quotes. The money factor is equivalent to 6.5% APR.
Absolutely no way to get to the monthly numbers you want.
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Doesn't look like any lease support for the 2016 LR4.
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And this is for a 16.5MY LR4 Silver Edition (BLK PACK)...Do I lease or buy?
I see there's no lease support...what does that mean?
If you want it, you should buy, rather than lease.
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