2016 Land Rover Evoque Lease Questions

mrliumanmrliuman Member Posts: 2
edited May 2016 in Land Rover
Hello!

Is it just me or are my quoted residuals low and MF way high?

2016 Evoque HSE 5dr.

Cap cost: $59.6k
MF: 0.00232
Residual: 59%

39 months/12k per year

Anyone have any experience with the 2016's yet?

Thanks!
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Comments

  • MichaellMichaell ColoradoModerator Posts: 209,717
    mrliuman said:

    Hello!

    Is it just me or are my quoted residuals low and MF way high?

    2016 Evoque HSE 5dr.

    Cap cost: $59.6k
    MF: 0.00232
    Residual: 59%

    39 months/12k per year

    Anyone have any experience with the 2016's yet?

    Thanks!

    Lease numbers for 39/12 on the 2016 Evoque HSE 5-door are 59% and .00132.

    Dealer is marking up the MF a whole bunch on you.

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  • jgiovinojgiovino Member Posts: 19
    looking for 30?, 33? and 39 month residuals and money factors for 2016 Evoque SE premium, HSE and HSE dynamic.

    Thank you.
  • kyfdxkyfdx Moderator Posts: 210,223
    jgiovino said:

    looking for 30?, 33? and 39 month residuals and money factors for 2016 Evoque SE premium, HSE and HSE dynamic.

    Thank you.

    33/15
    .00110 MF and 62%/60%/57% residual

    39/15
    .00132 MF and 60%/57%/54% residual

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  • jgiovinojgiovino Member Posts: 19
    Thank you and what is the add for 12k, 10k and 7500?
  • MichaellMichaell ColoradoModerator Posts: 209,717
    jgiovino said:

    Thank you and what is the add for 12k, 10k and 7500?

    2%, 3% and 4%

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  • bluesuit1bluesuit1 Member Posts: 2
    Hi,

    I got a quote from a local dealer for a Evoque SE Premium msrp at 49314 and selling price 45500,

    I was told the residual on this car is 63% money factor is 0.00137, and i was offered 33 month for 511 with 1693 out of pocket , am i getting a good deal here? is the residual value and money factor right?

    thanks for the input
  • kyfdxkyfdx Moderator Posts: 210,223
    bluesuit1 said:

    Hi,

    I got a quote from a local dealer for a Evoque SE Premium msrp at 49314 and selling price 45500,

    I was told the residual on this car is 63% money factor is 0.00137, and i was offered 33 month for 511 with 1693 out of pocket , am i getting a good deal here? is the residual value and money factor right?

    thanks for the input

    .00137 MF and 63% is correct for 33/15 for the SE.

    SE Premium is .00108 MF and 62% residual for 33/15

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  • bluesuit1bluesuit1 Member Posts: 2
    kyfdx said:
    Hi, I got a quote from a local dealer for a Evoque SE Premium msrp at 49314 and selling price 45500, I was told the residual on this car is 63% money factor is 0.00137, and i was offered 33 month for 511 with 1693 out of pocket , am i getting a good deal here? is the residual value and money factor right? thanks for the input
    .00137 MF and 63% is correct for 33/15 for the SE. SE Premium is .00108 MF and 62% residual for 33/15
    Thank you, so what do you think of my deal? For 511 with 1683 out of pocket 33 month ? 
  • kyfdxkyfdx Moderator Posts: 210,223
    bluesuit1 said:


    kyfdx said:

    bluesuit1 said:

    Hi,

    I got a quote from a local dealer for a Evoque SE Premium msrp at 49314 and selling price 45500,

    I was told the residual on this car is 63% money factor is 0.00137, and i was offered 33 month for 511 with 1693 out of pocket , am i getting a good deal here? is the residual value and money factor right?

    thanks for the input

    .00137 MF and 63% is correct for 33/15 for the SE.

    SE Premium is .00108 MF and 62% residual for 33/15

    Thank you, so what do you think of my deal? For 511 with 1683 out of pocket 33 month ? 

    Looks like a very good deal

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  • tonyscvtonyscv Member Posts: 15
    Hi kyfdx

    What are the residuals and MF on a 2016 HSE Dynamic for 24 and 33 months at 10k/yr?
  • kyfdxkyfdx Moderator Posts: 210,223
    tonyscv said:

    Hi kyfdx

    What are the residuals and MF on a 2016 HSE Dynamic for 24 and 33 months at 10k/yr?

    5-Door?

    24: .00189 MF and 63% residual
    33: .00108 MF and 60% residual

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  • msckmorrismsckmorris Member Posts: 2
    Hello would you please give the current rates for a 2016 SE Premium? I am negotiating with the dealership and they insist that the current MF is 00.232 and I find that very high IMO. After reading the previous posts I don't feel I am being given accurate rates by the dealership. What tools do I have to get them to give me the right rates?
  • MichaellMichaell ColoradoModerator Posts: 209,717

    Hello would you please give the current rates for a 2016 SE Premium? I am negotiating with the dealership and they insist that the current MF is 00.232 and I find that very high IMO. After reading the previous posts I don't feel I am being given accurate rates by the dealership. What tools do I have to get them to give me the right rates?

    SE Premium MF ranges from .00108 to .00281, depending on lease term.

    What lease term and how many miles are you looking for?

    Best option is to politely tell them you won't sign a lease deal with an inflated MF .. then work with a different dealer if that option is available to you.

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  • ted_underhillted_underhill Member Posts: 31
    Can you tell me the money factor and residual for a 2016 Evoque SE Premium 5 Door? 36 months at 10,000, 12,000, and 15,000 miles?
  • MichaellMichaell ColoradoModerator Posts: 209,717

    Can you tell me the money factor and residual for a 2016 Evoque SE Premium 5 Door? 36 months at 10,000, 12,000, and 15,000 miles?

    36/15 numbers - 59% and .00119.

    Add 2% for 12K or 3% for 10K

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  • msckmorrismsckmorris Member Posts: 2
    Michaell said:

    Hello would you please give the current rates for a 2016 SE Premium? I am negotiating with the dealership and they insist that the current MF is 00.232 and I find that very high IMO. After reading the previous posts I don't feel I am being given accurate rates by the dealership. What tools do I have to get them to give me the right rates?

    SE Premium MF ranges from .00108 to .00281, depending on lease term.

    What lease term and how many miles are you looking for?

    Best option is to politely tell them you won't sign a lease deal with an inflated MF .. then work with a different dealer if that option is available to you.
    Thanks for your response. I ended up taking the info found here and using that to negotiate a deal with MF of .00132 63% 10k 39 mths. It was way better than where they started at .00232. They didn't want to give me the rate until I asked about the base MF. Great advice. Thanks again. I just got home with my new vehicle.
  • ted_underhillted_underhill Member Posts: 31

    Can you tell me the money factor and residual for a 2016 Evoque SE Premium 5 Door? 36 months at 10,000, 12,000, and 15,000 miles?

    does the residual change if it's 33 months at 10,000?
  • kyfdxkyfdx Moderator Posts: 210,223

    Can you tell me the money factor and residual for a 2016 Evoque SE Premium 5 Door? 36 months at 10,000, 12,000, and 15,000 miles?

    does the residual change if it's 33 months at 10,000?
    Residuals are 3% higher for 33 months, 1% higher for 39 months.

    MF for those two terms are .00108 and .00132, respectively.

    Numbers are valid through today.

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  • ted_underhillted_underhill Member Posts: 31
    kyfdx said:

    Can you tell me the money factor and residual for a 2016 Evoque SE Premium 5 Door? 36 months at 10,000, 12,000, and 15,000 miles?

    does the residual change if it's 33 months at 10,000?
    Residuals are 3% higher for 33 months, 1% higher for 39 months.

    MF for those two terms are .00108 and .00132, respectively.

    Numbers are valid through today.
    ugh . My bad. So, 2016 SE Premium 5 door. 33 months/ 10,000 miles. The residual and money factor are?
  • MichaellMichaell ColoradoModerator Posts: 209,717

    kyfdx said:

    Can you tell me the money factor and residual for a 2016 Evoque SE Premium 5 Door? 36 months at 10,000, 12,000, and 15,000 miles?

    does the residual change if it's 33 months at 10,000?
    Residuals are 3% higher for 33 months, 1% higher for 39 months.

    MF for those two terms are .00108 and .00132, respectively.

    Numbers are valid through today.
    ugh . My bad. So, 2016 SE Premium 5 door. 33 months/ 10,000 miles. The residual and money factor are?
    .00108 and 55% for 33/10 on the SE Premium 5-door

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  • fred_1975fred_1975 Member Posts: 9
    I am looking to lease an RR Evoque in Charlotte, NC and the sales person told me that Land Rover does not negotiate any discount to the MSRP and that I have to pay full MSRP price. is this true?
  • ted_underhillted_underhill Member Posts: 31
    Thanks all. Just last night leased 2016 Evoque SE PREMIUM.
    33 months/ 10,000 miles.
    Residual: 65%
    MF: 0 .00108.

    MSRP $48,714.
    Was able to get MSRP reduced by $2,500. Then, $1,000 holiday cash credit on top of that. Used that to cover drive off cost, first month lease payment etc. Paid nothing down at all. $590 per month lease payment for next 32 months. If you are checking my work, at the very end, was able to get an extra couple bucks off a month. So, given the above numbers probably get you closer to $600.
    If looking for more details: fuji white, black contrast roof, sirius/xm, wheel locks, and protection package. That's it.

    Good luck to you all. Thanks for being there for me! The only other two cents I can share is, I totally think I could've gotten an extra $500 to $1,000 off the MSRP. However, I needed the car and the holiday cash was going to expire at midnight. So, I couldn't walk. Deuces!
  • kyfdxkyfdx Moderator Posts: 210,223
    fred_1975 said:

    I am looking to lease an RR Evoque in Charlotte, NC and the sales person told me that Land Rover does not negotiate any discount to the MSRP and that I have to pay full MSRP price. is this true?

    Land Rover is prohibited (as is every other car manufacturer or distributor) from dictating selling prices to their dealers.

    Obviously, still not against the law for your salesperson to lie to you. ;-)

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  • kyfdxkyfdx Moderator Posts: 210,223

    Thanks all. Just last night leased 2016 Evoque SE PREMIUM.
    33 months/ 10,000 miles.
    Residual: 65%
    MF: 0 .00108.

    MSRP $48,714.
    Was able to get MSRP reduced by $2,500. Then, $1,000 holiday cash credit on top of that. Used that to cover drive off cost, first month lease payment etc. Paid nothing down at all. $590 per month lease payment for next 32 months. If you are checking my work, at the very end, was able to get an extra couple bucks off a month. So, given the above numbers probably get you closer to $600.
    If looking for more details: fuji white, black contrast roof, sirius/xm, wheel locks, and protection package. That's it.

    Good luck to you all. Thanks for being there for me! The only other two cents I can share is, I totally think I could've gotten an extra $500 to $1,000 off the MSRP. However, I needed the car and the holiday cash was going to expire at midnight. So, I couldn't walk. Deuces!

    Congrats!

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  • mikeysedmikeysed Member Posts: 63
    Any new numbers for February?

    Looking to lease a 2016 Evoque SE PREMIUM 5 door

    10K and 12K miles please... is 33 months still the sweet spot?

    And is there any bonus cash or lease competitor cash, etc?

  • MichaellMichaell ColoradoModerator Posts: 209,717
    mikeysed said:

    Any new numbers for February?

    Looking to lease a 2016 Evoque SE PREMIUM 5 door

    10K and 12K miles please... is 33 months still the sweet spot?

    And is there any bonus cash or lease competitor cash, etc?



    33/12 - 61% and .00087. Add 1% for 10K

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  • mikeysedmikeysed Member Posts: 63
    edited February 2016
    at dealer now... saying 39mo is best. can I have numbers for 12k and 15k .. mf and residual 5 door se premium
  • MichaellMichaell ColoradoModerator Posts: 209,717
    mrliuman said:

    Hello!

    Is it just me or are my quoted residuals low and MF way high?

    2016 Evoque HSE 5dr.

    Cap cost: $59.6k
    MF: 0.00232
    Residual: 59%

    39 months/12k per year

    Anyone have any experience with the 2016's yet?

    Thanks!

    I show 58% and .00116 for the 2016 Evoque 5-door HSE

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  • bobmcnuggetbobmcnugget Member Posts: 27
    edited February 2016
    2015 Land Rover Range Rover Evoque SUV COUPE *PURE PLUS* NAVIGATION 4WD
    or
    2015 Land Rover Range Rover Evoque SUV Pure Plus *Convenience Pack* 4WD

    I dont know if 2/5 doors differ on mf/res.

    Anyone know residuals for 10k miles per year? what is the sweet spot 30-39mths?

    Thanks
  • kyfdxkyfdx Moderator Posts: 210,223

    2015 Land Rover Range Rover Evoque SUV COUPE *PURE PLUS* NAVIGATION 4WD
    or
    2015 Land Rover Range Rover Evoque SUV Pure Plus *Convenience Pack* 4WD

    I dont know if 2/5 doors differ on mf/res.

    Anyone know residuals for 10k miles per year? what is the sweet spot 30-39mths?

    Thanks

    39/10 is the best term

    2015 Pure Plus Coupe: .00094 MF and 57% residual
    2015 Pure Plus 5DR: .00089 MF and 60% residual

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  • bobmcnuggetbobmcnugget Member Posts: 27
    Thank you!!
  • donahuerwdonahuerw Member Posts: 14
    Hi guys,

    I'm looking for 30, 33 and 39 month residuals and money factors for 2016 Evoque SE premium at 10K miles per year. Any help is much appreciated.


  • MichaellMichaell ColoradoModerator Posts: 209,717
    donahuerw said:

    Hi guys,

    I'm looking for 30, 33 and 39 month residuals and money factors for 2016 Evoque SE premium at 10K miles per year. Any help is much appreciated.


    No 30 month program from Land Rover this month

    33/10 - 62% and .00087
    39/10 - 62% and .00116

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  • donahuerwdonahuerw Member Posts: 14
    Michaell said:

    donahuerw said:

    Hi guys,

    I'm looking for 30, 33 and 39 month residuals and money factors for 2016 Evoque SE premium at 10K miles per year. Any help is much appreciated.


    No 30 month program from Land Rover this month

    33/10 - 62% and .00087
    39/10 - 62% and .00116
    Thank you. Greatly appreciated.
  • donahuerwdonahuerw Member Posts: 14
    Also sorry to bother, but can you please provide the 33/10 - residuals and money factors 2016 HSE. Thanks in advance for your time and effort.
  • kyfdxkyfdx Moderator Posts: 210,223
    donahuerw said:

    Also sorry to bother, but can you please provide the 33/10 - residuals and money factors 2016 HSE. Thanks in advance for your time and effort.

    .00087 MF and 60% residual

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  • donahuerwdonahuerw Member Posts: 14
    kyfdx said:

    donahuerw said:

    Also sorry to bother, but can you please provide the 33/10 - residuals and money factors 2016 HSE. Thanks in advance for your time and effort.

    .00087 MF and 60% residual
    Thank you again!
  • lexrjlexrj SoCalMember Posts: 27
    Just negotiated a lease for my buddy here in CA, wanted to see what you guys think.
    SE Premium 2016 - 39mo/15k
    MSRP $48,539
    Cap Cost $44,015
    Down $1500
    Paymets w Tax $499
  • MichaellMichaell ColoradoModerator Posts: 209,717
    lexrj said:

    Just negotiated a lease for my buddy here in CA, wanted to see what you guys think.
    SE Premium 2016 - 39mo/15k
    MSRP $48,539
    Cap Cost $44,015
    Down $1500
    Paymets w Tax $499

    59% and .00116.

    I get $479/mo + tax, so right in the ballpark.

    Hope your buddy enjoys their new Evoque.

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  • jen33jen33 Member Posts: 19
    Hi. Can you tell me what is the mf and residual value of evoque se premium 33 and 36/10k. Thanks. 
  • kyfdxkyfdx Moderator Posts: 210,223
    jen33 said:

    Hi. Can you tell me what is the mf and residual value of evoque se premium 33 and 36/10k. Thanks. 

    .00056 MF and 61% for 33/10
    .00075 MF and 62% for 36/10 (hint... stick with 36 months)

    That's assuming it's the 5-door

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  • chitowncarguychitowncarguy Member Posts: 1
    Hello, can you tell me what the MF and residual value for 5-door Evoque SE Premium 36/12k?
    I live in Illinois.
    Thanks.
  • kyfdxkyfdx Moderator Posts: 210,223

    Hello, can you tell me what the MF and residual value for 5-door Evoque SE Premium 36/12k?
    I live in Illinois.
    Thanks.

    .00075 MF and 61% residual

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  • ironmannironmann Member Posts: 4
    Hello, can you tell me what the MF and residual value for 5-door Evoque HSE 36/12k?
  • MichaellMichaell ColoradoModerator Posts: 209,717
    ironmann said:

    Hello, can you tell me what the MF and residual value for 5-door Evoque HSE 36/12k?

    59% and .00048.

    These numbers expire today, 3/31/16

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  • jang920929jang920929 Member Posts: 1
    Hi,

    What would be the Residual/MF for 36/10k 5-door Evoque SE Premium for April. I'm in Chicago, IL if this helps.

    Thanks.
  • MichaellMichaell ColoradoModerator Posts: 209,717

    Hi,

    What would be the Residual/MF for 36/10k 5-door Evoque SE Premium for April. I'm in Chicago, IL if this helps.

    Thanks.

    62% and .00061

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  • fccardifffccardiff Member Posts: 2
    Hi, would you be able to provide numbers on a 2016 Evoque SE Premium, 7.5k/yr?

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 209,717
    fccardiff said:

    Hi, would you be able to provide numbers on a 2016 Evoque SE Premium, 7.5k/yr?

    Thanks!

    63% and .00061 for 36 months, 7500 miles per year.

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  • hmf0422hmf0422 Member Posts: 2
    What would be the numbers on a 2016 Evoque SE Premium for 36/10 in CT?
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