2014 Land Rover Range Rover Evoque Lease Questions

Kirstie_H

To discuss the latest lease details for the current model, please join us in the 2015 Land Rover Range Rover Epoque Lease Questions forum.

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sbarracl

I'm interested in leasing a 2014 Evoque Pure or Pure Plus for 3 year / 36K miles. Do you have any MF / residual #'s? Thanks in advance.

Michaell

@sbarracl said:
I'm interested in leasing a 2014 Evoque Pure or Pure Plus for 3 year / 36K miles. Do you have any MF / residual #'s? Thanks in advance.

Evoque Pure - 53% and .00001

Evoque Pure Plus - 53% and .00011

sbarracl

Thank you for the quick response

Michaell

@sbarracl said:
Thank you for the quick response

Best of luck in your shopping. Come back and let us know how you did.

kyfdx

@sbarracl said:
I'm interested in leasing a 2014 Evoque Pure or Pure Plus for 3 year / 36K miles. Do you have any MF / residual #'s? Thanks in advance.

I think we quoted the wrong numbers... Is the Evoque you are interested in a 2-door or 4-door?

sbarracl

I'm interested in the 4 door model. Is there an extra "0" in the .00001 MF you posted for the Pure? That comes out to $1/ month in interest which sounds too good to be true.

kyfdx

@sbarracl said:
I'm interested in the 4 door model. Is there an extra "0" in the .00001 MF you posted for the Pure? That comes out to $1/ month in interest which sounds too good to be true.

2014 4-door Pure: .00036 MF and 56% residual for 36mo, 12K/yr.

Pure Plus: .00043 Mf and 56% residual.

pjwing

I'm interested in leasing a 2014 Evoque Pure Plus 4 door for 3 year / 30K miles. Do you have any MF / residual #'s? I saw the 36,000 mile numbers. How does 30,000 differ

kyfdx

@pjwing said:
I'm interested in leasing a 2014 Evoque Pure Plus 4 door for 3 year / 30K miles. Do you have any MF / residual #'s? I saw the 36,000 mile numbers. How does 30,000 differ

10K/yr residuals are 1% higher than 12K/yr residuals.

njcruise

Hi kyfdx. I'm interested in leasing a 2014 Evoque Pure Plus for 3 years/12k miles and would like the MF and RV for April, if available.

Also, I'm seriously considering a lease deal but wanted to get your expert opinion on whether you think it's reasonable.

A delaer in Northern Jersey is advertising a lease deal for the Evoque Pure Plus w/cold climate package, nav, and digital/sat. radio at $499/mo. with $0 down, 36 mo./30k miles, taxes and fees: approx. $3650, MSRP $49,197.00. This dealership is located too far from where I live so I decided to shop around locally.

I negotiated the following with another dealer: MSRP: $49,139.53, I was told they were selling the vehicle approx. $1k below invoice but failed to write down the selling price I did note a cust. discount of $5010 so I believe the selling price is $44,129.53, 36 mo./12k miles at $497/mo. w/sales tax of $1177.47 included in payment=$529.70, 0 down, fees=$1887.50 (to be paid upfront). The vehicle is white w/almond interior w/the same specs as above but includes wheel locks and framed mats (whoop dee doo).

Thank you for your time.

Michaell

@njcruise said:
Hi kyfdx. I'm interested in leasing a 2014 Evoque Pure Plus for 3 years/12k miles and would like the MF and RV for April, if available.

Also, I'm seriously considering a lease deal but wanted to get your expert opinion on whether you think it's reasonable.

A delaer in Northern Jersey is advertising a lease deal for the Evoque Pure Plus w/cold climate package, nav, and digital/sat. radio at $499/mo. with $0 down, 36 mo./30k miles, taxes and fees: approx. $3650, MSRP $49,197.00. This dealership is located too far from where I live so I decided to shop around locally.

Thank you for your time.

36mo/12K miles per year:

3-door Pure Plus - 51% and .00003

5-door Pure Plus - 56% and .00042

I negotiated the following with another dealer: MSRP: $49,139.53, I was told they were selling the vehicle approx. $1k below invoice but failed to write down the selling price I did note a cust. discount of $5010 so I believe the selling price is $44,129.53, 36 mo./12k miles at $497/mo. w/sales tax of $1177.47 included in payment=$529.70, 0 down, fees=$1887.50 (to be paid upfront). The vehicle is white w/almond interior w/the same specs as above but includes wheel locks and framed mats (whoop dee doo).

When I plug these numbers in with the 5-door MF and residual, I get a pre-tax payment of $491.52 for a 36 mo / 12K per year lease.

njcruise

Michaell, thank you so much for your prompt response.The info. you and kyfdx provide is invaluable and I truly appreciate it.

Hmmmm, your calculation is interesting. It is a 5-door (I neglected to mention that). I wonder if they increased the MF slightly. Either way, I'll make sure the numbers add up before I sign the contract.

Many thanks again.

ashenmorality

Hi, I am interested in the lease mf and resid for 2014 Evoque 5-Door Pure Plus with vision/nav/comfort and Premium w/comfort for 10k and 12k per year. I am in Denver, Colorado. I know its close to end of April, are there any rates for May yet? If not, any expectation of large number jumps for May? Thanks!

Michaell

@ashenmorality said:
Hi, I am interested in the lease mf and resid for 2014 Evoque 5-Door Pure Plus with vision/nav/comfort and Premium w/comfort for 10k and 12k per year. I am in Denver, Colorado. I know its close to end of April, are there any rates for May yet? If not, any expectation of large number jumps for May? Thanks!

You didn't state the lease term, so I'll assume 36 months.

56% for 12K; 57% for 10K

MF of .0042 for both.

No May numbers are available yet, and our crystal ball doesn't allow us to see whether the numbers are going to get better or worse from month to month.

melonball3

@njcruise‌: what dealer did you get this at? I am in Philadelphia area and looking for similar numbers. Thanks!!!

nickb81

Any update on the MF and RV for the 5 door pure and pure plus for May?

kyfdx

Not yet... hopefully, soon

ashenmorality

Are the MF and Residual available for May yet on a 2014 Range Rover Evoque Pure Premium w/comfort, 36 months, 10k and 12k in Denver, CO?

kyfdx

@ashenmorality said:
Are the MF and Residual available for May yet on a 2014 Range Rover Evoque Pure Premium w/comfort, 36 months, 10k and 12k in Denver, CO?

.00024 MF and 53%/52% residual. (assuming 5 door)

car_curious1

what is the lease rate and residual on a 14 evoque sport, black edition if that matters. 36 mo and 24 month with 12k a year. Thanks!

Michaell

@car_curious1 said:
what is the lease rate and residual on a 14 evoque sport, black edition if that matters. 36 mo and 24 month with 12k a year. Thanks!

coupe or 5 door? i don't see a sport edition...

car_curious1

5 door. Dynamic. sorry got confused with sport.

Michaell

@car_curious1 said:
@car_curious1 said: what is the lease rate and residual on a 14 evoque sport, black edition if that matters. 36 mo and 24 month with 12k a year. Thanks! 5 door. Dynamic. sorry got confused with sport.

24/12 - 56% and .00020

36/12 - 49% and .00024

For Land Rover, there is a Maximum Residualized MSRP (MRM) - if you option the car beyond that price point, the excess is not residualized. For the 5-door Dynamic, the MRM is $65,275.

car_curious1

Thanks Michaell. Residual is really poor on the dynamic. But the black package looks so good.

Michaell

@car_curious1 said:
Thanks Michaell. Residual is really poor on the dynamic. But the black package looks so good.

Residual is generally poorer as you get into the higher trim levels, regardless of manufacturer.

lovethtcar

Hi there all.Can you please tell me the what is the June/July 2014 lease rate and residual on a 36m/12k a year lease for a 2014 evoque sre5 4 door pure plus with cold package, satellite and nav. First time leasing and clueless as to how to go about this and what to look for, any advise is welcome! The dealer is offering $569.28 pm, $795 acquisition fee (?), $1842.65 NY sales tax, $75 doc fee, $10 inspection,$270 license, total on delivery $3574.43
Any of these fees and costs bogus add ons? I am thinking yes. Help?
Thanks.
Sarah

kyfdx

@lovethtcar said:
Hi there all.Can you please tell me the what is the June/July 2014 lease rate and residual on a 36m/12k a year lease for a 2014 evoque sre5 4 door pure plus with cold package, satellite and nav. First time leasing and clueless as to how to go about this and what to look for, any advise is welcome! The dealer is offering $569.28 pm, $795 acquisition fee (?), $1842.65 NY sales tax, $75 doc fee, $10 inspection,$270 license, total on delivery $3574.43
Any of these fees and costs bogus add ons? I am thinking yes. Help?
Thanks.
Sarah

.00280 MF and 56% residual. Those fees all look legit and the right amount (all leases have an acquisition fee that goes to the bank).

To give an opinion on the deal, we'd need an MSRP and a selling price.

liljaden11

Current MF/Res please for 4DR Evoque Pure Plus 27/36 12K/15K. Any incentives this month? Thanks

stever

All we show for a leasing incentive is a $1,000 bonus offer for members of the British America Business Association or the Monticello Motor Club.

kyfdx

@liljaden11 said:
Current MF/Res please for 4DR Evoque Pure Plus 27/36 12K/15K. Any incentives this month? Thanks

.00280 MF and 54% residual for 36mo, 15K/yr. 56% for 12K/yr.

We don't show a 27 month term.. 24 month terms are not good.. No incentives, except for low APRs on purchase.

liljaden11

Is it the same for Evoque Pure? Thanks

kyfdx

@liljaden11 said:
Is it the same for Evoque Pure? Thanks

Yes.. same numbers.

jacobjones79

@Michaell said:
8/1 is when the dealers will have this information; we hope to have it the same day as well. Early next week if we aren't so lucky.

Any updates for August? Looking at the following for 5 door:
2014 Pure Plus, 10k Miles, 36 Months
2015 Pure Plus, 10k Miles, 36 Months
2014 Pure Premium, 10k Miles, 36 Months
2015 Pure Premium, 10k Miles, 36 Months

Michaell

@jacobjones79 said:
Any updates for August? Looking at the following for 5 door: 2014 Pure Plus, 10k Miles, 36 Months 2015 Pure Plus, 10k Miles, 36 Months 2014 Pure Premium, 10k Miles, 36 Months 2015 Pure Premium, 10k Miles, 36 Months

Still waiting for the August numbers from LR .. early next week, we hope.

ysauto

Looking to lease a Pure Plus this Sept or Oct. what do I look for and what should the lease price be if the price is 46K, can I see a calculation breakdown including out of pocket.
We can use Aug as an example

Michaell

@ysauto said:
Looking to lease a Pure Plus this Sept or Oct. what do I look for and what should the lease price be if the price is 46K, can I see a calculation breakdown including out of pocket.
We can use Aug as an example

What is the MSRP? What lease term and how many miles per year?

With that information and the August numbers, we can model a payment. As you noted, the numbers may very well change going forward.

ysauto

Thanks, lets say MSRP of 51K and a 36 months lease 10K/yr
Can you break down the calculations, we can use current incentives.

Michaell

@ysauto said:
Thanks, lets say MSRP of 51K and a 36 months lease 10K/yr
Can you break down the calculations, we can use current incentives.

Argh ... no lease numbers in the current LR docs we have.

jacobjones79

Do you have updated residuals and MF for Aug? Looking at 2014 Dynamic. 10k for 36 month or 48 month.

kyfdx

Sorry.... no lease info for Land Rover/Range Rover, this month.

kyfdx

@jacobjones79 said:
Do you have updated residuals and MF for Aug? Looking at 2014 Dynamic. 10k for 36 month or 48 month.

.00042 MF and 50% residual for 5-door, for 36mo, 10K/yr.

.00080 MF and 41% residual for 48mo, 10K/yr

pdxcc

Hi I am new to leasing. Trying to get the advertised deal, but conveniently nobody has Pure models in my area. So, can someone help me find out what the cost should be currently for a $46,800 MSRP / 36 mos. / 10k & 12k per year. Can you break down how to calculate it? $3k down.

pdxcc

oh and I live in Oregon, no sales tax

Michaell

@pdxcc said:
Hi I am new to leasing. Trying to get the advertised deal, but conveniently nobody has Pure models in my area. So, can someone help me find out what the cost should be currently for a $46,800 MSRP / 36 mos. / 10k & 12k per year. Can you break down how to calculate it? $3k down.

We would need the selling price to model a payment.

Pure 5-door MF and RV are 56% or 57% and .00036.

pdxcc

$46,800

Michaell

@pdxcc said:
$46,800

You are saying the selling price and MSRP are the same?

z4maudioman

Looking to lease an Evoque 5-door Dynamic for 36 months/15K year. Can you please share the money factors and residuals for both 2014 and 2015 models? Thank you.

kyfdx

@z4maudioman said:
Looking to lease an Evoque 5-door Dynamic for 36 months/15K year. Can you please share the money factors and residuals for both 2014 and 2015 models? Thank you.

2014: .00005 MF and 46% residual.

2015: .00139 MF and 49% residual.

e90m

Are the MF and Residual the same for a Pure Plus model?

Michaell

@e90m said:
Are the MF and Residual the same for a Pure Plus model?

2014 Evoque Pure Plus 36/15 - 52% and .00005 MF

2015 - 57% and .00139