2016 SE Td6 Leasing Question

leaseconfusedleaseconfused Member 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 ColoradoModerator Posts: 181,928

    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?

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  • kyfdxkyfdx Moderator Posts: 187,135

    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.

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  • leaseconfusedleaseconfused Member Posts: 3
    This is the SE trim, and yes, it's the diesel. I'll check on the money factor. Thanks!
  • leaseconfusedleaseconfused Member Posts: 3
    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 Member 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 ColoradoModerator Posts: 181,928
    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.

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


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