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2016 SE Td6 Leasing Question

leaseconfusedleaseconfused Posts: 3
edited March 2016 in Land Rover
Hi everyone - I am not very familiar with MF/Residuals, so can anyone advise me me if my proposed lease deal is a good one: RRS Sport Td6, MSRP: $72,222; Cap Cost: $72,917; Vehicle Cost: $69,644; 36 month lease, 10k miles per year, $2,000 out of pocket, lease payments of $935 per month (including tax). I live in Los Angeles. Thanks in advance!!!

Answers

  • MichaellMichaell ColoradoPosts: 125,077

    Hi everyone - I am not very familiar with MF/Residuals, so can anyone advise me me if my proposed lease deal is a good one: RRS Sport Td6, MSRP: $72,222; Cap Cost: $72,917; Vehicle Cost: $69,644; 36 month lease, 10k miles per year, $2,000 out of pocket, lease payments of $935 per month (including tax). I live in Los Angeles. Thanks in advance!!!

    Is this the SE or the HSE trim level?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 131,225

    Hi everyone - I am not very familiar with MF/Residuals, so can anyone advise me me if my proposed lease deal is a good one: RRS Sport Td6, MSRP: $72,222; Cap Cost: $72,917; Vehicle Cost: $69,644; 36 month lease, 10k miles per year, $2,000 out of pocket, lease payments of $935 per month (including tax). I live in Los Angeles. Thanks in advance!!!

    Is that the diesel?

    If so, .00270 MF and 70% residual.

    At that MSRP and CAP cost, I get $954/mo.+tax.

    I would ask them the money factor. Perhaps there is a program out there with a lower rate than what we show.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • This is the SE trim, and yes, it's the diesel. I'll check on the money factor. Thanks!
  • On that note, is it worthwhile to pay extra for the HSE trim? The price seems to jump somewhat, and I didn't think it was worth the money. Perhaps I'm wrong. Any advice is appreciated. Thanks.
  • cwyattcwyatt Posts: 10

    On that note, is it worthwhile to pay extra for the HSE trim? The price seems to jump somewhat, and I didn't think it was worth the money. Perhaps I'm wrong. Any advice is appreciated. Thanks.

    The biggest difference in the SE and HSE is the availability of options. There isn't much difference between the SE and a base, optionless HSE, however many features become available on the HSE including different interior colors, wheels, power panoramic roof vs fixed glass. If you don't care about any of those options, then SE would be the more affordable (as far as Range Rovers go) and smarter choice.
  • MichaellMichaell ColoradoPosts: 125,077
    cwyatt said:

    On that note, is it worthwhile to pay extra for the HSE trim? The price seems to jump somewhat, and I didn't think it was worth the money. Perhaps I'm wrong. Any advice is appreciated. Thanks.

    The biggest difference in the SE and HSE is the availability of options. There isn't much difference between the SE and a base, optionless HSE, however many features become available on the HSE including different interior colors, wheels, power panoramic roof vs fixed glass. If you don't care about any of those options, then SE would be the more affordable (as far as Range Rovers go) and smarter choice.
    In general, higher trim levels have lower residuals, so if you can get the SE trim optioned up to be equivalent to an HSE, it should result in a less expensive lease payment.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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