lease question for LR Discovery Sport SE AT

rich4j

Trying to figure out if this is a good deal at dealer in Pennsylvania. I think I can do better

36mo lease

Payment : 472.46

3K down

Residual 25716.36

This is for the basic SE model.....

thanks!

kyfdx

rich4j said:

Trying to figure out if this is a good deal at dealer in Pennsylvania. I think I can do better

36mo lease

Payment : 472.46

3K down

Residual 25716.36

This is for the basic SE model.....

thanks!

What is the MSRP?

Selling price or CAP cost?

Mileage allowance?

rich4j

MSRP 41,128. Mileage allowance 12K. He hasn't gotten back to me on sale price but I had written down 40K but I think they were trying to knock that down.

kyfdx

rich4j said:

MSRP 41,128. Mileage allowance 12K. He hasn't gotten back to me on sale price but I had written down 40K but I think they were trying to knock that down.

.00160 MF and 62% residual for 36/12.

That's $508/mo.+tax, before accounting for any CAP cost reduction. (using $40K as CAP cost).

If $1500 of that $3000 is for CAP reduction, then $463/mo.+tax