2015 Land Rover Range Rover Sport Lease Questions

hirisc

Local dealer 'offer of sale' on 2016 RRSS with Dynamic:

MSRP $93,170
10K Miles
24 month residual 71%, MF .00404 (lol)
33 month residual 65%, MF .00351
36 month residual 61%, MF .00351

12K Miles
24 month residual 70%, MF .00404 (lol)
33 month residual 64%, MF .00351
36 month residual 60%, MF .00351

They appear to be pumping up the both the 'factory' residual and the MF.

A 36 mo/10K year lease with 57% residual and ‘normal’ MF of .00241 (stated in the post above) would lease at ~ $1465 mo.

The dealer gets more $ by inflating both the residual and the MF. Using 36 mo/10k lease per my numbers above with 61% MF and .00351, the lease payment is ~ $1535.00 mo.

Is anyone else finding inflated residuals to compensate for the upcharge in MF?

Michaell

hirisc said:

Local dealer 'offer of sale' on 2016 RRSS with Dynamic:

MSRP $93,170
10K Miles
24 month residual 71%, MF .00404 (lol)
33 month residual 65%, MF .00351
36 month residual 61%, MF .00351

12K Miles
24 month residual 70%, MF .00404 (lol)
33 month residual 64%, MF .00351
36 month residual 60%, MF .00351

They appear to be pumping up the both the 'factory' residual and the MF.

A 36 mo/10K year lease with 57% residual and ‘normal’ MF of .00241 (stated in the post above) would lease at ~ $1465 mo.

The dealer gets more $ by inflating both the residual and the MF. Using 36 mo/10k lease per my numbers above with 61% MF and .00351, the lease payment is ~ $1535.00 mo.

Is anyone else finding inflated residuals to compensate for the upcharge in MF?

The residual values are set by the bank and the dealer cannot modify them. It's possible your dealer is using a 3rd party bank for their lease quotes - we don't have any numbers except those from LR Financial Group, so could not verify anything you've been told.

hirisc

Interesting.. I'll report back.

kyfdx

hirisc said:

Interesting.. I'll report back.

Those are the correct residuals for that model.

All of the money factors have been marked up .00100 from the base numbers.

The HSE and Dynamic numbers are not necessarily the same.

wc3777

Hi,

Now that the 2016s are out, what is the MF and residual for a 2015 RRS HSE - 36month and 42 months 10,000 miles?

Thank you

Michaell

wc3777 said:

Hi,

Now that the 2016s are out, what is the MF and residual for a 2015 RRS HSE - 36month and 42 months 10,000 miles?

Thank you

36/10 - 64% and .00201

42/10 - 59% and .00161

wc3777

Thank you very much.

Are the numbers the same for the 2015 RRS SE version?

36/10k, 36/12k
39/10k, 39/12k
and
42/10k,42/12k

And by any chance is there a range for dealers fees/title/tag (1800ish??) - I have never leased from Land Rover before, want to make sure they are not slipping anything into the offer...

Thanks!

kyfdx

wc3777 said:

Thank you very much.

Are the numbers the same for the 2015 RRS SE version?

36/10k, 36/12k
39/10k, 39/12k
and
42/10k,42/12k

And by any chance is there a range for dealers fees/title/tag (1800ish??) - I have never leased from Land Rover before, want to make sure they are not slipping anything into the offer...

Thanks!

.00191 MF and 63% residual for 36/12
.00179 MF and 61% residual for 39/12
.00151 MF and 57% residual for 42/12

Add 1% for 10K/yr

Acquisition fee is $795

The rest of the fees might be state specific

wc3777

Thank you very much for the info...

Might also look at the 2016 RRS HSE, just to confirm these are the numbers for 42/10k:

.00161 MF and 59% residual.

Also sorry if this may be off topic, but are there "service packages" offered with leases and if there are, how much do they run?

Thanks again!

Michaell

wc3777 said:

Thank you very much for the info...

Might also look at the 2016 RRS HSE, just to confirm these are the numbers for 42/10k:

.00161 MF and 59% residual.

Also sorry if this may be off topic, but are there "service packages" offered with leases and if there are, how much do they run?

Thanks again!

I confirm the MF and residual.

No information on service packages.

wc3777

2016 RRS SE

mf and residual for:

42/12,000 miles
48/12000 miles

thank you.

Michaell

wc3777 said:

2016 RRS SE

mf and residual for:

42/12,000 miles
48/12000 miles

thank you.

42/12 - 59% and .00151

48/12 - 56% and .00180

dan_questions

Hi! Can I get the MF and residual for a 33/10,000 lease:

2016 RRS HSE
2015 RRS HSE
2016 RRS SE
2015 RRS SE

Also, how much should I expect to pay per month for a 2016 RRS HSE at $80,000 before state taxes?

This website is so helpful, thank you!

kyfdx

dan_questions said:

Hi! Can I get the MF and residual for a 33/10,000 lease:

2016 RRS HSE
2015 RRS HSE
2016 RRS SE
2015 RRS SE

Also, how much should I expect to pay per month for a 2016 RRS HSE at $80,000 before state taxes?

This website is so helpful, thank you!

2015 SE: .00191 MF and 68% residual
2015 HSE: .00191 MF and 64% residual
2016 SE : .00201 MF and 73% residual (wow!)
2016 HSE: .00201 MF and 68% residual

We would need MSRP and selling price to calculate a lease payment

dan_questions

Thank you. Do you know if these vehicles are selling at MSRP or a discount?

Michaell

dan_questions said:

Thank you. Do you know if these vehicles are selling at MSRP or a discount?

We don't track transaction prices - use the "make / model / year" pull downs at the top of the page to get Edmunds TMV pricing.

dieselsport

Hi! Can I get MF and residual for:

2016 RR Sport HSE Diesel - MSRP $92,270

As far as lease term, I'm flexible on something around 24 or 36 months - if there is a sweet spot on residual on either side (for example, 27 or 33) please indicate.

2016 Diesel Sport HSE - 24/12K
2016 Diesel Sport HSE - 24/15K
2016 Diesel Sport HSE - 36/12K
2016 Diesel Sport HSE - 36/15K

I'm in NJ. Thanks.

Michaell

dieselsport said:

Hi! Can I get MF and residual for:

2016 RR Sport HSE Diesel - MSRP $92,270

As far as lease term, I'm flexible on something around 24 or 36 months - if there is a sweet spot on residual on either side (for example, 27 or 33) please indicate.

2016 Diesel Sport HSE - 24/12K
2016 Diesel Sport HSE - 24/15K
2016 Diesel Sport HSE - 36/12K
2016 Diesel Sport HSE - 36/15K

I'm in NJ. Thanks.

33/36/39 months are the sweet spot:

.00249 MF and 63% / 60% / 57% for 15K

Add 2% for 12K

dieselsport

Michaell said:

dieselsport said:

Hi! Can I get MF and residual for:

2016 RR Sport HSE Diesel - MSRP $92,270

As far as lease term, I'm flexible on something around 24 or 36 months - if there is a sweet spot on residual on either side (for example, 27 or 33) please indicate.

2016 Diesel Sport HSE - 24/12K
2016 Diesel Sport HSE - 24/15K
2016 Diesel Sport HSE - 36/12K
2016 Diesel Sport HSE - 36/15K

I'm in NJ. Thanks.

33/36/39 months are the sweet spot:

.00249 MF and 63% / 60% / 57% for 15K

Add 2% for 12K

Thanks for the quick response. Do you know if, for a vehicle that is ordered, the lease term/rates get locked in at time of order, or is the contract written at time of delivery and subject to change from when it is ordered?

kyfdx

dieselsport said:

Michaell said:

dieselsport said:

Hi! Can I get MF and residual for:

2016 RR Sport HSE Diesel - MSRP $92,270

As far as lease term, I'm flexible on something around 24 or 36 months - if there is a sweet spot on residual on either side (for example, 27 or 33) please indicate.

2016 Diesel Sport HSE - 24/12K
2016 Diesel Sport HSE - 24/15K
2016 Diesel Sport HSE - 36/12K
2016 Diesel Sport HSE - 36/15K

I'm in NJ. Thanks.

33/36/39 months are the sweet spot:

.00249 MF and 63% / 60% / 57% for 15K

Add 2% for 12K

Thanks for the quick response. Do you know if, for a vehicle that is ordered, the lease term/rates get locked in at time of order, or is the contract written at time of delivery and subject to change from when it is ordered?

No idea.. Pretty sure that Range Rover uses Chase as "their" bank. I'd guess that you can't lock in the rates.

mcorf

I think I am going to be picking up a 2016 RRS HSE in September. Can you let me know as soon as the September lease rates come out so I can see how much of a change from August. 33/36/39 months, 12K miles. Thanks.

mcorf

Any news on the September numbers yet?

kyfdx

mcorf said:

I think I am going to be picking up a 2016 RRS HSE in September. Can you let me know as soon as the September lease rates come out so I can see how much of a change from August. 33/36/39 months, 12K miles. Thanks.

33/12: .00201 MF and 65% residual
36/12: .00201 MF and 61% residual
39/12: .00189 MF and 59% residual

mcorf

I was told my payment would go up about $8.00 a month with the change from August to September with the changes. Does that make sense? I still don't understand the money factor thing, but I will bring these numbers to dealer to make sure they don't try to switch them up.

kyfdx

mcorf said:

I was told my payment would go up about $8.00 a month with the change from August to September with the changes. Does that make sense? I still don't understand the money factor thing, but I will bring these numbers to dealer to make sure they don't try to switch them up.

That's probably about right... MF went up slightly.. residual stayed the same.

mcorf

Thanks.

dieselsport

Anyone know what the holdback is (approx) for 2016 RR Sport Diesel? Some places online seem to indicate Land Rover doesn't offer holdback. If someone can confirm this info, great!

kyfdx

dieselsport said:

Anyone know what the holdback is (approx) for 2016 RR Sport Diesel? Some places online seem to indicate Land Rover doesn't offer holdback. If someone can confirm this info, great!

http://www.edmunds.com/car-buying/dealer-holdback/

Keep in mind.. that article is 2 years old.

samanthalee

Can someone clarify the money factor for 2015 range rover sport HSE 33 month lease at right now. Please - thank you.

kyfdx

samanthalee said:

Can someone clarify the money factor for 2015 range rover sport HSE 33 month lease at right now. Please - thank you.

.00191

tlabarbera

Hi, Can you tell me the Money Factor and Residual for Range Rover Sport Supercharge lease with 10K miles and 36months? California lease.

kyfdx

tlabarbera said:

Hi, Can you tell me the Money Factor and Residual for Range Rover Sport Supercharge lease with 10K miles and 36months? California lease.

.00241 MF and 55% residual

sm16

Hi, can I please get the MF and Residual for a 2016 Range Rover Sport Supercharged LR-V8, for 33 months/12K miles? Thx!

kyfdx

sm16 said:

Hi, can I please get the MF and Residual for a 2016 Range Rover Sport Supercharged LR-V8, for 33 months/12K miles? Thx!

.00251 MF and 63% residual

vroomvroom10

Hi, I am looking to compare the residual and mf on the 2016 Disco Sport HSE Lux vs the 2016 Evoque Pure Plus. zip code is 53072. Thanks so much for your help!

Disco Sport HSE Lux
10/33
12/33
15/33

Evoque Pure plus
10/33
12/33
15/33

kyfdx

vroomvroom10 said:

Hi, I am looking to compare the residual and mf on the 2016 Disco Sport HSE Lux vs the 2016 Evoque Pure Plus. zip code is 53072. Thanks so much for your help!

Disco Sport HSE Lux
10/33
12/33
15/33

Evoque Pure plus
10/33
12/33
15/33

Disco Sport HSE Lux
.00254 MF and 64%/63%/61% residual

2016 Evoque trims are SE, SE Premium, HSE or HSE Dynamic

vroomvroom10

Thank you! On the 2016 evoque I was interested in HSE trim,
10/33
12/33
15/33

Can you still get mf and residual for remaining 2015 evoque pure plus trim?
10/33
12/33
15/33

sm16

kyfdx said:

sm16 said:

Hi, can I please get the MF and Residual for a 2016 Range Rover Sport Supercharged LR-V8, for 33 months/12K miles? Thx!

.00251 MF and 63% residual

Thanks!!

kyfdx

vroomvroom10 said:

Thank you! On the 2016 evoque I was interested in HSE trim,
10/33
12/33
15/33

Can you still get mf and residual for remaining 2015 evoque pure plus trim?
10/33
12/33
15/33

2016: .00160 MF and 65%/64%/62% residual

2015: .00127 MF and 67%/66%/64% residual

jbergado

Is the residual value on a 2016 Range Rover Sport HSE (33 months/10K miles) still 68% ( I hope that is correct). Also, can we also get the money factor?

How accurate is the residual value estimates?

Thanks so much!

Michaell

jbooogey said:

Is the residual value on a 2016 Range Rover Sport HSE (33 months/10K miles) still 68% ( I hope that is correct). Also, can we also get the money factor?

How accurate is the residual value estimates?

Thanks so much!

I show 66% this month for 33/10 on the 2016 RR Sport HSE.

.00201 MF this month.

Our numbers come from LR Financial; the dealers are not allowed to modify them.

jbergado

Thanks. Was able to pick up a lease for 5.2% on a 33 month 10K lease. I got a little robbed on this one; however, was able to get one of the few HSTs in production for 2016. The price you pay for using your emotions to make decisions . But man is this car beautiful.

kyfdx

jbooogey said:

Thanks. Was able to pick up a lease for 5.2% on a 33 month 10K lease. I got a little robbed on this one; however, was able to get one of the few HSTs in production for 2016. The price you pay for using your emotions to make decisions . But man is this car beautiful.

Congrats!

wjpost

Hi, do you have the October numbers on a 2016 RRS HSE for a 42 and 48 month lease with 7.5k/yr? The Sept numbers will be of help if you don't have Oct. Thanks.

Michaell

wjpost said:

Hi, do you have the October numbers on a 2016 RRS HSE for a 42 and 48 month lease with 7.5k/yr? The Sept numbers will be of help if you don't have Oct. Thanks.

42 month numbers seem decent this month ... 61% and .00211.

48 month numbers are horrible

akashpc

MF and residual for 2015 RRS SE and HSE models?
Thanks.

kyfdx

akashpc said:

MF and residual for 2015 RRS SE and HSE models?
Thanks.

.00241 MF and 59%/55% residual for SE/HSE for 36mo, 15K/yr

hk007

Hi,

Are numbers available for Nov? Looking for:

2016 SE and HSE. 10k miles. 36 month.

Is 36 month their best program? Don't mind 33 or 42 if the residuals are good.

Thanks!

mcorf

Do you have the money factor and residual for 36/12K miles for the RRS HSE vs the full size RR HSE? 

kyfdx

We don't have any Land Rover lease information for November, yet.