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lease question for LR Discovery Sport SE AT

rich4jrich4j Member Posts: 15
edited June 2016 in Land Rover
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!

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    kyfdxkyfdx Moderator Posts: 238,870
    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?

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    rich4jrich4j Member Posts: 15
    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.
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    kyfdxkyfdx Moderator Posts: 238,870
    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

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