2017 Land Rover Discovery Lease Questions

kyfdxkyfdx Moderator Posts: 219,009
edited June 2017 in Land Rover
Ask your lease questions for the all new 2017 Discovery, here!
(not the Discovery Sport)

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  • wasjrwasjr Member Posts: 22
    How about MF and Residual for Discovery HSE TD6 Diesel; 36 months and 24 months; 12,000 annual miles. Thanks.
  • MichaellMichaell Moderator Posts: 222,779
    wasjr said:

    How about MF and Residual for Discovery HSE TD6 Diesel; 36 months and 24 months; 12,000 annual miles. Thanks.

    24/12 - 64% and .00225
    36/12 - 56% and .00132

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  • bostmanbostman Member Posts: 15
    Good afternoon,

    Can I get the MF and Residual for the base and HSE Gas; 36 Mo 12k?
    Thanks!
  • MichaellMichaell Moderator Posts: 222,779
    bostman said:

    Good afternoon,

    Can I get the MF and Residual for the base and HSE Gas; 36 Mo 12k?
    Thanks!

    Base (SE?) - 60% and .00180
    HSE - 56% and .00161

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  • rover_boyrover_boy Member Posts: 11
    edited June 2017
    Hi, may I get the MF and Residual for HSE lux diesel 36/10k and 12k? In Los Angeles

    thanks
  • MichaellMichaell Moderator Posts: 222,779
    rover_boy said:

    Hi, may I get the MF and Residual for HSE lux diesel 36/10k and 12k? In Los Angeles

    thanks

    55% / 54% and .00150

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  • rover_boyrover_boy Member Posts: 11

    Michaell said:

    Hi, may I get the MF and Residual for HSE lux diesel 36/10k and 12k? In Los Angeles

    thanks


    55% / 54% and .00150


    Thanks Mike. Is the # any better for 39 month?
    appreciate it
  • kyfdxkyfdx Moderator Posts: 219,009
    rover_boy said:



    Michaell said:


    rover_boy said:

    Hi, may I get the MF and Residual for HSE lux diesel 36/10k and 12k? In Los Angeles

    thanks



    55% / 54% and .00150


    Thanks Mike. Is the # any better for 39 month?
    appreciate it

    Nope

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  • fugazzi24fugazzi24 Member Posts: 8
    Looking for MF and Reisduals on 2017 Discovery HSE Lux, 12k/15k in CT. Thank you! 
  • kyfdxkyfdx Moderator Posts: 219,009
    fugazzi24 said:

    Looking for MF and Reisduals on 2017 Discovery HSE Lux, 12k/15k in CT. Thank you! 

    .00161 MF and 53%/51% residual for 36 months.

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  • eddie_yvpeddie_yvp Member Posts: 26
    Can I get the current MF and Residual on 2017 Discovery HSE (gas engine) 10K miles, 36 months in DC area? Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 219,009
    eddie_yvp said:

    Can I get the current MF and Residual on 2017 Discovery HSE (gas engine) 10K miles, 36 months in DC area? Thanks in advance.

    .00161 MF and 57% residual

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  • ssingh2017ssingh2017 Member Posts: 1
    Hi, can you confirm residual and MF for 2017 Discovery HSE Luxury Diesel, 36 months / 12k miles, as 54% and .00150? And is this Chase? What is US Bank? Many thanks in advance. 
  • MichaellMichaell Moderator Posts: 222,779

    Hi, can you confirm residual and MF for 2017 Discovery HSE Luxury Diesel, 36 months / 12k miles, as 54% and .00150? And is this Chase? What is US Bank? Many thanks in advance. 

    53% and .00161 for Chase

    No US Bank numbers

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  • rstone33rstone33 Member Posts: 1
    Looking for residual / MF on Discovery First Edition V6 for 36 / 12K.  Many thanks!
  • kyfdxkyfdx Moderator Posts: 219,009
    rstone33 said:

    Looking for residual / MF on Discovery First Edition V6 for 36 / 12K.  Many thanks!

    .00161 MF and 53% residual

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  • bluecyclonebluecyclone Member Posts: 37
    Hello. Looking for residual and MF on:

    2017 Discovery HSE LUX
    2017 Discovery First Edition 

    Pittsburgh PA and Evanston IL

    10/36/24
    12/36/24

    Thank you!
  • kyfdxkyfdx Moderator Posts: 219,009

    Hello. Looking for residual and MF on:

    2017 Discovery HSE LUX
    2017 Discovery First Edition 

    Pittsburgh PA and Evanston IL

    10/36/24
    12/36/24

    Thank you!
    Current program ends today. Hopefully, we'll have the new program, later this week.

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  • trchicagotrchicago Member Posts: 18
    Hello kyfdx,

    Looking for the current MF/Residual on HSE V6 & Diesel for 12/36 & 10/36. Thanks a ton for your info!!!
  • MichaellMichaell Moderator Posts: 222,779
    trchicago said:

    Hello kyfdx,

    Looking for the current MF/Residual on HSE V6 & Diesel for 12/36 & 10/36. Thanks a ton for your info!!!

    36/12 numbers; add 1% for 10K

    HSE V6 - 54% and .00126
    HSE Td6 - 55% and .00114

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  • trchicagotrchicago Member Posts: 18
    Michaell said:

    trchicago said:

    Hello kyfdx,

    Looking for the current MF/Residual on HSE V6 & Diesel for 12/36 & 10/36. Thanks a ton for your info!!!

    36/12 numbers; add 1% for 10K

    HSE V6 - 54% and .00126
    HSE Td6 - 55% and .00114
    Thanks Michaell, what is your gut feeling on these lease rates. I can hold off a few more months. Do you think they are going to get better? Not sure what the trend is on newer released Land Rovers.
  • kyfdxkyfdx Moderator Posts: 219,009
    trchicago said:

    Michaell said:

    trchicago said:

    Hello kyfdx,

    Looking for the current MF/Residual on HSE V6 & Diesel for 12/36 & 10/36. Thanks a ton for your info!!!

    36/12 numbers; add 1% for 10K

    HSE V6 - 54% and .00126
    HSE Td6 - 55% and .00114
    Thanks Michaell, what is your gut feeling on these lease rates. I can hold off a few more months. Do you think they are going to get better? Not sure what the trend is on newer released Land Rovers.
    No clue what might happen.

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  • trchicagotrchicago Member Posts: 18
    trchicago said:
    Hello kyfdx, Looking for the current MF/Residual on HSE V6 & Diesel for 12/36 & 10/36. Thanks a ton for your info!!!
    36/12 numbers; add 1% for 10K HSE V6 - 54% and .00126 HSE Td6 - 55% and .00114
    Thanks Michaell, what is your gut feeling on these lease rates. I can hold off a few more months. Do you think they are going to get better? Not sure what the trend is on newer released Land Rovers.
    One more number please. 36/10 on the SE model.Thanks
  • kyfdxkyfdx Moderator Posts: 219,009
    trchicago said:


    trchicago said:

    Hello kyfdx,

    Looking for the current MF/Residual on HSE V6 & Diesel for 12/36 & 10/36. Thanks a ton for your info!!!
    36/12 numbers; add 1% for 10K

    HSE V6 - 54% and .00126
    HSE Td6 - 55% and .00114
    Thanks Michaell, what is your gut feeling on these lease rates. I can hold off a few more months. Do you think they are going to get better? Not sure what the trend is on newer released Land Rovers.

    One more number please. 36/10 on the SE model.Thanks

    .00180 MF and 59% residual

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  • marknadermarknader Member Posts: 2
    HSE Sport: Do you know the residual and MF for this advertised lease in WA State?

    MSRP: 43,190
    PMT: $379 + tax
    Cash Down: $2,321
    Acq Fee: 795
    1st Pmt: $379 + Tax.

    Site shows a $1,000 LR bonus credit

    MSRP of the HSE Sport I'm interested in is $51,983.

    Thank you!
  • kyfdxkyfdx Moderator Posts: 219,009
    marknader said:

    HSE Sport: Do you know the residual and MF for this advertised lease in WA State?

    MSRP: 43,190
    PMT: $379 + tax
    Cash Down: $2,321
    Acq Fee: 795
    1st Pmt: $379 + Tax.

    Site shows a $1,000 LR bonus credit

    MSRP of the HSE Sport I'm interested in is $51,983.

    Thank you!

    This ad is for a Discovery Sport, not a Discovery. (just so we are clear)
    .00015 MF and 58% residual
    Includes a dealer discount of $1519, in addition to the credit.

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  • bluecyclonebluecyclone Member Posts: 37
    Quick question.

    HSE 10/12 24/26 Evanston/Pittsburgh

    they are advertising a 899.00 which seems high in Pittsburgh.

    any ideas where I might find invoice pricing?


  • kyfdxkyfdx Moderator Posts: 219,009

    Quick question.

    HSE 10/12 24/26 Evanston/Pittsburgh

    they are advertising a 899.00 which seems high in Pittsburgh.

    any ideas where I might find invoice pricing?



    .00126 MF and 54% residual for 36/12

    You don't want to lease this vehicle for 24 months.

    An advertised payment without any vehicle pricing or other details doesn't give us much to go on.

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  • bluecyclonebluecyclone Member Posts: 37
    Thank you! Is 36/10 a better deal?
  • johnthomjohnthom Member Posts: 68
    the Land Rovers and Jaguars are nice vehicles however the 24 month lease rates are a major rip off due to exorbitant interest charges like 5.5 percent+_ on all their short term lease programs in conjunction with Chase Bank.
    On the longer leases 33/36 where they sometimes considerably lower the interest rates(dba)money factor, the residuals are rated exceptionally low making up for the lower money factors thereby not making them good lease values compared with other competitive lease vehicles
  • MichaellMichaell Moderator Posts: 222,779

    Thank you! Is 36/10 a better deal?

    Add 1% to the 12K residual for 10K

    Get the miles you need.

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  • kyfdxkyfdx Moderator Posts: 219,009

    Thank you! Is 36/10 a better deal?

    36/10 residual is 1% higher, but it isn't better or worse. Get the mileage allowance that you need.

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  • carshoppervacarshopperva Member Posts: 5
    Looking for some guidance here.
    I am in VA and would like some clarity on a few things.
    - What is the current money factor for 2017 Discovery?
    - What is the current residual? - 5K miles, 7.5K miles, 10K miles

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 222,779

    Looking for some guidance here.
    I am in VA and would like some clarity on a few things.
    - What is the current money factor for 2017 Discovery?
    - What is the current residual? - 5K miles, 7.5K miles, 10K miles

    Thanks in advance!

    Looking for some guidance here.
    I am in VA and would like some clarity on a few things.
    - What is the current money factor for 2017 Discovery?
    - What is the current residual? - 5K miles, 7.5K miles, 10K miles

    Thanks in advance!

    What trim level are you interested in?

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  • carshoppervacarshopperva Member Posts: 5
    Apologies...I'm specifically looking at and HSE Lux with an MSRP of $71K and the term length should reflect 36 months. Thanks!
  • kyfdxkyfdx Moderator Posts: 219,009

    Looking for some guidance here.
    I am in VA and would like some clarity on a few things.
    - What is the current money factor for 2017 Discovery?
    - What is the current residual? - 5K miles, 7.5K miles, 10K miles

    Thanks in advance!

    Apologies...I'm specifically looking at and HSE Lux with an MSRP of $71K and the term length should reflect 36 months. Thanks!

    .00053 MF and 55%/54%/53% residual

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  • carshoppervacarshopperva Member Posts: 5
    confirming the money factor of .00053. Should it be .00153?
  • MichaellMichaell Moderator Posts: 222,779

    confirming the money factor of .00053. Should it be .00153?

    .00053 is the base rate; dealer can mark it up by .00100 for extra profit.

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  • circledogcircledog Member Posts: 1
    Hello Guys,
    Looking for the current MF/Residual on HSE for 15/36, 12/36 & 10/36. I'm located in Fort Myers/Naples Florida. I'm also seeing some dealers have a $2000 customer incentive and a $1000 bonus customer incentive. Do you know if these can be combined?
    thanks for the help,
    Paul
  • MichaellMichaell Moderator Posts: 222,779
    circledog said:

    Hello Guys,
    Looking for the current MF/Residual on HSE for 15/36, 12/36 & 10/36. I'm located in Fort Myers/Naples Florida. I'm also seeing some dealers have a $2000 customer incentive and a $1000 bonus customer incentive. Do you know if these can be combined?
    thanks for the help,
    Paul

    .00126 and 52% / 54% / 55%

    No information on LR incentives.

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  • bluecyclonebluecyclone Member Posts: 37
    Working on a new discovery. I priced out a build via the Land Rover USA site with suggested MSRP.

    The dealer responded that if I was to order a build they would share there invoice pricing upon delivery and charge me invoice price + 200.00.

    1. Is this something he could be held accountable to, I.e. Will I be able to verify invoice prices?

    2. I have not discussed any other factors. I do intend to lease but have not mentioned any financing. My plan would be to assess the offers when the car is delivered and make a decision at that point. With a clear understanding of the MF and residual. Do I need to have a residual before ordering or is that too late?

    thank you.
  • MichaellMichaell Moderator Posts: 222,779

    Working on a new discovery. I priced out a build via the Land Rover USA site with suggested MSRP.

    The dealer responded that if I was to order a build they would share there invoice pricing upon delivery and charge me invoice price + 200.00.

    1. Is this something he could be held accountable to, I.e. Will I be able to verify invoice prices?

    2. I have not discussed any other factors. I do intend to lease but have not mentioned any financing. My plan would be to assess the offers when the car is delivered and make a decision at that point. With a clear understanding of the MF and residual. Do I need to have a residual before ordering or is that too late?

    thank you.

    If it's not in writing, I wouldn't believe it.

    And, "invoice" pricing can be whatever the dealer wants it to mean. Has no relationship to actual dealer cost.

    I'd suggest you do your own price research and negotiate it with the dealer.

    What trim level, term and miles per year?

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  • bluecyclonebluecyclone Member Posts: 37
    Looking an HSE order. The website MSRP with build options is 61,895.00.

    trying to get confirmation on a fixed price before placing an order. Do these have a similar mark up as the Jaguars? Meaning could I learn from the invoice pricing percentage versus MSRP as a reference? Is there a way to determine true dealer pricing? Right now most show MSRP my guess is this begins to calm as we hit October/November?


  • MichaellMichaell Moderator Posts: 222,779

    Looking an HSE order. The website MSRP with build options is 61,895.00.

    trying to get confirmation on a fixed price before placing an order. Do these have a similar mark up as the Jaguars? Meaning could I learn from the invoice pricing percentage versus MSRP as a reference? Is there a way to determine true dealer pricing? Right now most show MSRP my guess is this begins to calm as we hit October/November?


    You'll never get the true dealer cost; lots of sites show the invoice price, including here at Edmunds.

    But, since Jaguar and LR have the same corporate ownership, I would think that the markups are similar between the two brands.

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  • bluecyclonebluecyclone Member Posts: 37
    Thanks that's helpful. I was told be a dealer the margin on the jaguar is 5%.

    Any thoughts on a true cost for a custom build that comes in at 61,895.00 website MSRP?

    5% 3,094.00 doesn't seem like much of a mark-up?

    assuming some ease in demand by November would an offer of 59,000.00 work? Should I ask for more of a discount?

    Any recommendation on making this deal as a lease without knowing what the MF and residual will be by time of delivery?

    Thank you!

  • MichaellMichaell Moderator Posts: 222,779

    Thanks that's helpful. I was told be a dealer the margin on the jaguar is 5%.

    Any thoughts on a true cost for a custom build that comes in at 61,895.00 website MSRP?

    5% 3,094.00 doesn't seem like much of a mark-up?

    assuming some ease in demand by November would an offer of 59,000.00 work? Should I ask for more of a discount?

    Any recommendation on making this deal as a lease without knowing what the MF and residual will be by time of delivery?

    Thank you!

    We don't follow pricing, so we won't be any help to you in establishing a target.

    But - wow! - $62K for a Discovery? That must be fully loaded.

    I wouldn't make any deal where I don't know the MF and residual. Too much risk.

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  • bluecyclonebluecyclone Member Posts: 37
    On an order would you just use the current MF and residual?

    that build is rather lean for an HSE. This is discovery not the sport.
  • kyfdxkyfdx Moderator Posts: 219,009

    On an order would you just use the current MF and residual?

    that build is rather lean for an HSE. This is discovery not the sport.

    I don't think Land Rover will lock rates. You are at the mercy of the program that is offered at delivery. Also, be aware that the dealer can mark up the money factor for extra profit.

    In general, Land Rover invoice prices are out 94% of MSRP

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  • bluecyclonebluecyclone Member Posts: 37
    Thank you so much for the advice. Is the residual calculated on MSRP?
  • MichaellMichaell Moderator Posts: 222,779

    Thank you so much for the advice. Is the residual calculated on MSRP?

    Yes, the bottom like number of the factory sticker - base MSRP + options + destination

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