2016 RRS Lease Rates

junoguyjunoguy Member Posts: 6
edited October 2015 in Land Rover
Hello. Looking to get 2016 MF rates for RRS for 36 and 39 months.

Will the MF change across models of RRS (i.e. SE, HSE, Diesel, etc)? If so can I get the MF for SE and HSE and Supercharge?

Comments

  • kyfdxkyfdx Moderator Posts: 207,739
    junoguy said:

    Hello. Looking to get 2016 MF rates for RRS for 36 and 39 months.

    Will the MF change across models of RRS (i.e. SE, HSE, Diesel, etc)? If so can I get the MF for SE and HSE and Supercharge?

    SE: .00251 MF and 64% residual for 36/15
    .00239 MF and 62% residual for 39/15

    HSE: .00251 MF and 59% residual
    .00239 MF and 57% residual.

    SC: .00301 MF and 57% residual
    .00287 MF and 55% residual

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  • markl20markl20 Member Posts: 27
    kyfdx,
    Can you provide MF and Residual for 33/15, 33/12, 33/10 for a 2016 RRS SE?
    It appears Land Rover is offering a subvented 33 month program currently and I am trying to calculate how good a deal it really is.

    Thanks in advance!!
  • kyfdxkyfdx Moderator Posts: 207,739
    markl20 said:

    kyfdx,
    Can you provide MF and Residual for 33/15, 33/12, 33/10 for a 2016 RRS SE?
    It appears Land Rover is offering a subvented 33 month program currently and I am trying to calculate how good a deal it really is.

    Thanks in advance!!

    .00251 MF and 68%/70%/71% residual.

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  • maher2013maher2013 Member Posts: 8
    Hi,
    I'm new to this forum. Interested in RRS diesel SE lease rates and MF ??
    Currently leasing 2013 BMW 335 xI , lease is over in Feb . Was wondering when is a good time to lease a new car and if there are any lease offers that help reduce monthly payments ??

    thanks 
  • MichaellMichaell ColoradoModerator Posts: 206,045
    maher2013 said:

    Hi,
    I'm new to this forum. Interested in RRS diesel SE lease rates and MF ??
    Currently leasing 2013 BMW 335 xI , lease is over in Feb . Was wondering when is a good time to lease a new car and if there are any lease offers that help reduce monthly payments ??

    thanks 

    Lease term and miles per year?

    No particularly good time to lease a Range Rover ...

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  • maher2013maher2013 Member Posts: 8
    36 months / 15k miles
  • kyfdxkyfdx Moderator Posts: 207,739
    maher2013 said:

    Hi,
    I'm new to this forum. Interested in RRS diesel SE lease rates and MF ??
    Currently leasing 2013 BMW 335 xI , lease is over in Feb . Was wondering when is a good time to lease a new car and if there are any lease offers that help reduce monthly payments ??

    thanks 

    maher2013 said:

    36 months / 15k miles

    .00251 MF and 65% residual.

    Better terms for 33 or 39 months.

    33/15: .00251 MF and 69% residual
    39/15: .00239 MF and 64% residual

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  • maher2013maher2013 Member Posts: 8
    Thanks 
  • maher2013maher2013 Member Posts: 8
    can someone help me with figuring out if the above rates apply to MSRP or Invoice ?? and whats the difference ??
  • MichaellMichaell ColoradoModerator Posts: 206,045
    maher2013 said:

    can someone help me with figuring out if the above rates apply to MSRP or Invoice ?? and whats the difference ??

    Residual value is applied to the MSRP (bottom line number of the window sticker, including destination).

    Use the link to help figure out lease payments:

    http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • maher2013maher2013 Member Posts: 8
    Does the RRS usually sell for MSRP or invoice is a few grands below the MSRP ?
  • kyfdxkyfdx Moderator Posts: 207,739
    maher2013 said:

    Does the RRS usually sell for MSRP or invoice is a few grands below the MSRP ?

    Sorry... no clue.

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  • cb4dcb4d Member Posts: 34
    Looking for MF/Residual on a 2016 Range Rover Sport HsT edition. 10k/year for 3 years in California. Thank you!
  • kyfdxkyfdx Moderator Posts: 207,739
    cb4d said:

    Looking for MF/Residual on a 2016 Range Rover Sport HsT edition. 10k/year for 3 years in California. Thank you!

    .00275 MF and 63% residual for either 36 or 39 months.

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  • carfanzcarfanz Member Posts: 1
    Hi, what is the current lease rate MF and residual percentage for a 2016 RRS Dynamic Supercharged 39/10k?

    Thanks !
  • kyfdxkyfdx Moderator Posts: 207,739
    carfanz said:

    Hi, what is the current lease rate MF and residual percentage for a 2016 RRS Dynamic Supercharged 39/10k?

    Thanks !

    .00305 MF and 58% residual

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  • kmaa510kmaa510 Member Posts: 2
    Hi,

    I'm looking to lease a 2016 RRS HSE.  Can you tell me the MF and residual.  

    Thanks
  • MichaellMichaell ColoradoModerator Posts: 206,045
    kmaa510 said:

    Hi,

    I'm looking to lease a 2016 RRS HSE.  Can you tell me the MF and residual.  

    Thanks

    What lease term and how many miles per year?

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  • kmaa510kmaa510 Member Posts: 2
    39 mos, 10k/yr

    thanks
  • kyfdxkyfdx Moderator Posts: 207,739
    kmaa510 said:

    Hi,

    I'm looking to lease a 2016 RRS HSE.  Can you tell me the MF and residual.  

    Thanks

    kmaa510 said:

    39 mos, 10k/yr

    thanks

    .00305 MF and 64% residual

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  • abayar1abayar1 Member Posts: 2
    2016 RRS HSE with $78,965 MSRP

    $1000 rebate
    $6000 down including fees and taxes
    64% residual
    39 months 10,000 miles a year
    Cash cap reduction $4100
    Money factor .00205

    $954 a month for 39 months including use tax 

    Is this a good deal??
  • kyfdxkyfdx Moderator Posts: 207,739
    abayar1 said:

    2016 RRS HSE with $78,965 MSRP

    $1000 rebate
    $6000 down including fees and taxes
    64% residual
    39 months 10,000 miles a year
    Cash cap reduction $4100
    Money factor .00205

    $954 a month for 39 months including use tax 

    Is this a good deal??
    Do you know the selling price? Doesn't seem like you are getting any discount, other than the $1000 rebate?

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  • abayar1abayar1 Member Posts: 2
    I'm getting no discount. They are giving me $2500 more than they should on my trade so that's where any discount is going. 
  • kyfdxkyfdx Moderator Posts: 207,739
    abayar1 said:

    I'm getting no discount. They are giving me $2500 more than they should on my trade so that's where any discount is going. 

    The calculations seem about right. Can't really tell you if that's a good deal. Never shopped for an RR

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  • jrdesignjrdesign Member Posts: 4
    Hi all,
    I am new to this forum!

    Hi kyfdx,

    I am considering to lease a 2016 RRS SC Autobiography, 36m or 39m/10k, could you let me know the MF and residual?

    Thanks,

    jared

  • MichaellMichaell ColoradoModerator Posts: 206,045
    jrdesign said:

    Hi all,
    I am new to this forum!

    Hi kyfdx,

    I am considering to lease a 2016 RRS SC Autobiography, 36m or 39m/10k, could you let me know the MF and residual?

    Thanks,

    jared

    .00355 and 56% / 55%

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  • jrdesignjrdesign Member Posts: 4
    Thank you Michaell!
  • rangerover5rangerover5 Member Posts: 1
    I'm getting ready to either purchase or lease 2016 Range Rover Diesel, those anyone have the residual; for 24 or 36 month with 15K per year?
    Thanks
  • MichaellMichaell ColoradoModerator Posts: 206,045

    I'm getting ready to either purchase or lease 2016 Range Rover Diesel, those anyone have the residual; for 24 or 36 month with 15K per year?
    Thanks

    .00315 and 67% for 36/15.

    .00412 and 79% for 24/15.

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  • jprrs2016jprrs2016 Member Posts: 2
    Hi,

    I was was quoted the following for a RRS SE in New Jersey.

    MSRP: $75,500
    Total out of pocket: $10k
    39 month lease, 12k miles/yr

    Payment is $799 month including tax.

    I don't currently have insight into specifics (i.e. Money factor, residual, etc.) but can someone let me know whether this is a good offer?


    Thank you.
  • MichaellMichaell ColoradoModerator Posts: 206,045
    jprrs2016 said:

    Hi,

    I was was quoted the following for a RRS SE in New Jersey.

    MSRP: $75,500
    Total out of pocket: $10k
    39 month lease, 12k miles/yr

    Payment is $799 month including tax.

    I don't currently have insight into specifics (i.e. Money factor, residual, etc.) but can someone let me know whether this is a good offer?


    Thank you.

    I'm gonna say no .. the $10K at signing is way too much.

    39/12 on the Sport SE is 66% and .00270.

    If I use the MSRP as the selling price, I get a payment of just under $1000/mo.

    Every $1000 of down payment reduces your pre-tax payment about $26/mo.

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  • jprrs2016jprrs2016 Member Posts: 2
    Thanks for your follow-up Michaell.  The residual set by US Bank is 61%.
  • jonschwzjonschwz Member Posts: 11
    Hey team,

    So was looking at the RRS V8 Supercharged with Dynamic Package. They are quoting me 36 months with 61% and 0.00245 money factor. $2500 down. Payments $1414. Seems really high. Are these the right bank rates and residuals? How much wiggle room do you think I have on this car. Heard the higher end models like this have a bit more room msrp vs invoice. Any help appreciated. 
  • jonschwzjonschwz Member Posts: 11
    kyfdx said:
    Hi, what is the current lease rate MF and residual percentage for a 2016 RRS Dynamic Supercharged 39/10k?

    Thanks !
    .00305 MF and 58% residual
    What's 36 months and 7500 mileage please. Is 39 a better deal right now vs 36?
  • kyfdxkyfdx Moderator Posts: 207,739
    jonschwz said:


    kyfdx said:

    carfanz said:

    Hi, what is the current lease rate MF and residual percentage for a 2016 RRS Dynamic Supercharged 39/10k?

    Thanks !

    .00305 MF and 58% residual

    What's 36 months and 7500 mileage please. Is 39 a better deal right now vs 36?

    .00305 MF and 61% residual for 36 mo, 7.5K/yr.

    36 looks to be the sweet spot

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  • kyfdxkyfdx Moderator Posts: 207,739
    jonschwz said:

    Hey team,

    So was looking at the RRS V8 Supercharged with Dynamic Package. They are quoting me 36 months with 61% and 0.00245 money factor. $2500 down. Payments $1414. Seems really high. Are these the right bank rates and residuals? How much wiggle room do you think I have on this car. Heard the higher end models like this have a bit more room msrp vs invoice. Any help appreciated. 

    .00245 MF is lower than what we show, but that's been coming up lately with Land Rover rates, so not surprising.

    But, a couple things I noted.

    Looks like you are paying MSRP for the vehicle.. no discount?

    Also, looks like they want $2500 from you, plus there is a $1000 rebate? Not sure where the $3500 is going. I see first payment of $1414 and CCR of $446, but that's just $1860. Where is the other $1940 going?

    Either way, seems awfully pricy. The calculations are correct, though.

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  • jonschwzjonschwz Member Posts: 11
    kyfdx said:
    Hey team,

    So was looking at the RRS V8 Supercharged with Dynamic Package. They are quoting me 36 months with 61% and 0.00245 money factor. $2500 down. Payments $1414. Seems really high. Are these the right bank rates and residuals? How much wiggle room do you think I have on this car. Heard the higher end models like this have a bit more room msrp vs invoice. Any help appreciated. 
    .00245 MF is lower than what we show, but that's been coming up lately with Land Rover rates, so not surprising. But, a couple things I noted. Looks like you are paying MSRP for the vehicle.. no discount? Also, looks like they want $2500 from you, plus there is a $1000 rebate? Not sure where the $3500 is going. I see first payment of $1414 and CCR of $446, but that's just $1860. Where is the other $1940 going? Either way, seems awfully pricy. The calculations are correct, though.
    Yes they were hiding my Down payment. Good catch. I'm fight to get that back. They also agreed to .00222 money factor with the 61% on 7500/36 months for the v8 dynamic. But seems they won't budge on msrp. Is this standard right now. Checked true car and it says the same. Seems the dealerships around here don't discount the cars due to demand. Any advice or dealerships you can recommend. I don't mind traveling to get a good deal. 

    Also should I look at buying or is it a bad idea? A lot of posts saying that buying is a better value with RR. Only thing is I know I'll want out of the vehicle In 3 years or so so leasing seems my best bet? Any advice is appreciated. Don't hardly drive at all. My Porsche I've had two years has 7k on it. So mileage isn't a factor. 
  • MichaellMichaell ColoradoModerator Posts: 206,045
    jonschwz said:


    kyfdx said:

    jonschwz said:

    Hey team,

    So was looking at the RRS V8 Supercharged with Dynamic Package. They are quoting me 36 months with 61% and 0.00245 money factor. $2500 down. Payments $1414. Seems really high. Are these the right bank rates and residuals? How much wiggle room do you think I have on this car. Heard the higher end models like this have a bit more room msrp vs invoice. Any help appreciated. 

    .00245 MF is lower than what we show, but that's been coming up lately with Land Rover rates, so not surprising.

    But, a couple things I noted.

    Looks like you are paying MSRP for the vehicle.. no discount?

    Also, looks like they want $2500 from you, plus there is a $1000 rebate? Not sure where the $3500 is going. I see first payment of $1414 and CCR of $446, but that's just $1860. Where is the other $1940 going?

    Either way, seems awfully pricy. The calculations are correct, though.

    Yes they were hiding my Down payment. Good catch. I'm fight to get that back. They also agreed to .00222 money factor with the 61% on 7500/36 months for the v8 dynamic. But seems they won't budge on msrp. Is this standard right now. Checked true car and it says the same. Seems the dealerships around here don't discount the cars due to demand. Any advice or dealerships you can recommend. I don't mind traveling to get a good deal. 

    Also should I look at buying or is it a bad idea? A lot of posts saying that buying is a better value with RR. Only thing is I know I'll want out of the vehicle In 3 years or so so leasing seems my best bet? Any advice is appreciated. Don't hardly drive at all. My Porsche I've had two years has 7k on it. So mileage isn't a factor. 

    You can widen the search area and see if you can find a dealer willing to discount from MSRP. Only takes one dealer.

    Regarding lease v. buy - I don't track resale values, so can't tell you if it makes more sense to do one over the other. I know there are costs associated with a lease that you don't have with a purchase (acquisition fee, for one).

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  • clymerclymer Member Posts: 13
    Hi,

    Can you please provide the MF and Residual for the following vehicle and terms:

    2016 Range Rover Sport TD6 HSE

    12,000 miles and 36 months
    15,000 miles and 36 months

    Does which options on the vehicle change these numbers? Thank you in advance!
  • MichaellMichaell ColoradoModerator Posts: 206,045
    clymer said:

    Hi,

    Can you please provide the MF and Residual for the following vehicle and terms:

    2016 Range Rover Sport TD6 HSE

    12,000 miles and 36 months
    15,000 miles and 36 months

    Does which options on the vehicle change these numbers? Thank you in advance!

    36/15 - 64% and .00305. Add 2% for 12K.

    Specific packages and options do not change these numbers.

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  • clymerclymer Member Posts: 13
    Michaell said:

    clymer said:

    Hi,

    Can you please provide the MF and Residual for the following vehicle and terms:

    2016 Range Rover Sport TD6 HSE

    12,000 miles and 36 months
    15,000 miles and 36 months

    Does which options on the vehicle change these numbers? Thank you in advance!

    36/15 - 64% and .00305. Add 2% for 12K.

    Specific packages and options do not change these numbers.
    Thank you very much!!
  • clymerclymer Member Posts: 13
    Hi,

    If i wanted to know the price I would pay at the end of the lease do I use the residual rate and the price I negotiated or the MSRP?

    For example: if the MSRP 86,655 and residual rate is 64% or is it 82,175 (negotiated) and 64% of that.

    Thank you!
  • MichaellMichaell ColoradoModerator Posts: 206,045
    The
    clymer said:

    Hi,

    If i wanted to know the price I would pay at the end of the lease do I use the residual rate and the price I negotiated or the MSRP?

    For example: if the MSRP 86,655 and residual rate is 64% or is it 82,175 (negotiated) and 64% of that.

    Thank you!

    The residual is always based off the MSRP - the bottom line number of the window sticker, including options and destination charge.

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