2018 Land Rover Range Rover Velar Lease Deals and Prices

ediv1234

Are the residual and money factor different for the 2018 vs 2019's for the P250 R-Dynamic SE?

kyfdx

ediv1234 said:

Are the residual and money factor different for the 2018 vs 2019's for the P250 R-Dynamic SE?

Yes, they are different.

Ask 2019 model questions, here:
https://forums.edmunds.com/discussion/51916/land-rover/range-rover-velar/land-rover-range-rover-velar/p1?new=1

carficionado1

Hi! Could you please share August MF, residuals, and any lease incentIves for a 2018 Velar S P250 for a 36m/10k lease in Northern California (94103)? Thanks!

kyfdx

carficionado1 said:

Hi! Could you please share August MF, residuals, and any lease incentIves for a 2018 Velar S P250 for a 36m/10k lease in Northern California (94103)? Thanks!

.00017 MF and 57% residual

No lease incentives

silverwheels2

Good morning. Can you please share the details for a 36 month/10k miles lease for 2018 Velar P380 R-Dynamic SE?  Thx. 

kyfdx

silverwheels2 said:

Good morning. Can you please share the details for a 36 month/10k miles lease for 2018 Velar P380 R-Dynamic SE?  Thx. 

.00001 MF and 55% residual
$2300 dealer lease cash

inquidude

Hi! Could you also please share August MF, residuals, and any lease incentIves for a 2018 Velar SE P250 for a 36m/10k lease in Northern California (94103)? Thanks!

seasidesilva

Hi guys - Do you have MF & Residual for
2019 VELAR P250S
36mo / 36,000 mile
Thanks very much

Michaell

seasidesilva said:

Hi guys - Do you have MF & Residual for
2019 VELAR P250S
36mo / 36,000 mile
Thanks very much

What ZIP code?

Michaell

inquidude said:

Hi! Could you also please share August MF, residuals, and any lease incentIves for a 2018 Velar SE P250 for a 36m/10k lease in Northern California (94103)? Thanks!

I have an SE R-Dynamic 250 - .00150 and 59%

seasidesilva

Hi guys - Do you have MF & Residual for
2019 VELAR P250S
36mo / 36,000 mile
Thanks very much

92075

twislp00

Am I getting a good deal?

2018 Velar Rdynamic SE 4 cylinder
Msrp: $69500
Discounted to: $64328
Down payment(includes all fees + 1s1st pymnt): $5000

Monthly including all taxes(WA): $734

Residual: $39608
Mileage: 10k/yr
Term: 36mths

kyfdx

seasidesilva said:

Hi guys - Do you have MF & Residual for
2019 VELAR P250S
36mo / 36,000 mile
Thanks very much

92075

Please post in the 2019 discussion, here:
https://forums.edmunds.com/discussion/51916/land-rover/range-rover-velar/2019-land-rover-range-rover-velar-lease-deals-and-prices/p1?new=1

kyfdx

twislp00 said:

Am I getting a good deal?

2018 Velar Rdynamic SE 4 cylinder
Msrp: $69500
Discounted to: $64328
Down payment(includes all fees + 1s1st pymnt): $5000

Monthly including all taxes(WA): $734

Residual: $39608
Mileage: 10k/yr
Term: 36mths

Do you have a breakdown of the fees, etc.?
In other words, how much of that $5000 is going to pay legitimate upfront charges, and how much is for CAP reduction?

.00003 MF and 57% residual

twislp00

@kyfdx

$734. - 1st month payment
$958 -  upfront fees
$309 -  upfront taxes
$2999 - Cap reduction

kyfdx

twislp00 said:

@kyfdx

$734. - 1st month payment
$958 -  upfront fees
$309 -  upfront taxes
$2999 - Cap reduction

I get $606/mo.+tax, taking $3000 cap reduction off the sale price.
Given the high DMV fees in WA, I wonder if the acquisition fee is added to that sale price, before CAP reduction is made?

But, I'm still having trouble getting over $700/mo. with tax.

That makes me think the money factor is marked up.

I'd want to know the adjusted CAP cost and the money factor used.

inquidude

Kyfdx,

Could you explain how you got to the $606/mo+tax monthly lease amount for this user's deal?

Using his/her numbers, I got $735 monthly payment before taxes. Assumptions I used:
+ $64328 negotiated price - $2999 cap reduction = $61329 cap cost
+ 57% residual
+ total depreciation of $26371
+ Money factor of 0.00003

Thanks!

kyfdx

inquidude said:

Kyfdx,

Could you explain how you got to the $606/mo+tax monthly lease amount for this user's deal?

Using his/her numbers, I got $735 monthly payment before taxes. Assumptions I used:
+ $64328 negotiated price - $2999 cap reduction = $61329 cap cost
+ 57% residual
+ total depreciation of $26371
+ Money factor of 0.00003

Thanks!

Did you apply the residual to the MSRP?
Total depreciation is $21,714

sonu79

Hi can you share 380r s dynamic
24/10
Lease incentive or cash back
In 95030

inquidude

Kyfdx,

I applied the residual (57%) to the cap cost of $61,329. This yields depreciation of $26,371. Could you explain how you got to $21,714?

Thanks!

Michaell

inquidude said:

Kyfdx,

I applied the residual (57%) to the cap cost of $61,329. This yields depreciation of $26,371. Could you explain how you got to $21,714?

Thanks!

The residual is applied to the MSRP, not the cap cost.

Michaell

sonu79 said:

Hi can you share 380r s dynamic
24/10
Lease incentive or cash back
In 95030

.00076 and 61%
No lease incentives

kyfdx

inquidude said:

Kyfdx,

I applied the residual (57%) to the cap cost of $61,329. This yields depreciation of $26,371. Could you explain how you got to $21,714?

Thanks!

The residual is $39,615, if the MSRP is $69,500

inquidude

Got it, thank you, moderators. I did not know that the residual % applies to the MSRP regardless of the cap cost adjustments.

bombastic1

Hi guys!I'm absolute dummy in leasing but really want to lease 2019 Velar.Could someone please help calculate what payment I'm facing if I would lease P250S, 2019 Velar In suburbs of Chicago(not sure if makes any difference city vs suburbs).Sticker price $61.790.Would like to lease for 36/12 or 39/10.Thanks!

Michaell

bombastic1 said:

Hi guys!I'm absolute dummy in leasing but really want to lease 2019 Velar.Could someone please help calculate what payment I'm facing if I would lease P250S, 2019 Velar In suburbs of Chicago(not sure if makes any difference city vs suburbs).Sticker price $61.790.Would like to lease for 36/12 or 39/10.Thanks!

Makes a big difference - if you live in the city, you'll pay both state and city tax. About 17% total. Ouch.

Why a different mileage for the two lease terms?

12K; add 1% for 10K
.00227 and 65% / 62%

bombastic1

I'm flexible with both options:36/12 or 39/10.Just gave you an example, that "if".Could you please calculate what approximately payment I would be facing with lets say 39/10 perm.Would appreciate it very much since have no idea where to start and how to do it;-))

kyfdx

bombastic1 said:

I'm flexible with both options:36/12 or 39/10.Just gave you an example, that "if".Could you please calculate what approximately payment I would be facing with lets say 39/10 perm.Would appreciate it very much since have no idea where to start and how to do it;-))

We can't calculate a payment without a proposed selling price.

Basher89

Hey there.

Looking at a previous loaner, not sure it impacts residual, but it has 5,011 miles.

2018 D180 R-Dynamic SE

Interested in MF and residuals. I imagine 36 is the best term, so requesting that and 30 month with 10K miles.

I’m in 80007 area.

Thanks!

Michaell

Basher89 said:

Hey there.

Looking at a previous loaner, not sure it impacts residual, but it has 5,011 miles.

2018 D180 R-Dynamic SE

Interested in MF and residuals. I imagine 36 is the best term, so requesting that and 30 month with 10K miles.

I’m in 80007 area.

Thanks!

There will be an adjustment to the residual, but we don't know the formula used.

No 30 month term

33/10 - .00001 and 60%
36/10 - .00004 and 58%

Nonstop Trucking

Good Evening. I would like to know if I received a Good, Ok, or Bad deal. Thanks

R-Dynamic SE P380
MSRP: 69,600
Retail Price: 75,401
12K miles
Down Payment: 5200
Monthly: 746.73 + 52.27 taxes = 799 / 36month
End of Lease purchase option: 39386.34
FL

Michaell

Nonstop Trucking said:

Good Evening. I would like to know if I received a Good, Ok, or Bad deal. Thanks

R-Dynamic SE P380
MSRP: 69,600
Retail Price: 75,401
12K miles
Down Payment: 5200
Monthly: 746.73 + 52.27 taxes = 799 / 36month
End of Lease purchase option: 39386.34
FL

Why is the retail price almost $6000 more than the MSRP?

If you've signed the paperwork and driven the car home, it doesn't much matter what we think...

Basher89

Michaell said:

Hey there.

Looking at a previous loaner, not sure it impacts residual, but it has 5,011 miles.

2018 D180 R-Dynamic SE

Interested in MF and residuals. I imagine 36 is the best term, so requesting that and 30 month with 10K miles.

I’m in 80007 area.

Thanks!

There will be an adjustment to the residual, but we don't know the formula used. No 30 month term 33/10 - .00001 and 60% 36/10 - .00004 and 58%

Appreciated, Michaell.

Any idea why Velar MF’s are so low? Basically getting to “rent for free” at .00001. I’ll take .024% any day, ha. Do you have any insight into how much the dealer is allowed to mark up the MF with Land Rover? Or, do they even have a limit?

Thanks!

Michaell

Basher89 said:

Michaell said:

Basher89 said:

Hey there.

Looking at a previous loaner, not sure it impacts residual, but it has 5,011 miles.

2018 D180 R-Dynamic SE

Interested in MF and residuals. I imagine 36 is the best term, so requesting that and 30 month with 10K miles.

I’m in 80007 area.

Thanks!

There will be an adjustment to the residual, but we don't know the formula used.

No 30 month term

33/10 - .00001 and 60%
36/10 - .00004 and 58%

Appreciated, Michaell.

Any idea why Velar MF’s are so low? Basically getting to “rent for free” at .00001. I’ll take .024% any day, ha. Do you have any insight into how much the dealer is allowed to mark up the MF with Land Rover? Or, do they even have a limit?

Thanks!

They are trying to move inventory, as it's the end of the model year. Not sure when 2019's will start to arrive, but that may also prompt better deals.

Max markup is something like .00125, IIRC.

Tylerdurden949

Hello Michaell, thanks for all the valuable information you have provided me already in this discussion! A big help for a new leaser like myself.

I am looking at a lease on a 2018 Velar R-Dynamic SE P250 with a sticker of $67,995. I would be interested in the MF/Residual on both 36 month and 39 month on 10k miles and 12k miles. I live in Southern CA, Orange County. Zip if needed is I think that is what you need, thank you in advance for your help/info!

Tylerdurden949

Zip is 92663 if needed!

Michaell

Tylerdurden949 said:

Hello Michaell, thanks for all the valuable information you have provided me already in this discussion! A big help for a new leaser like myself.

I am looking at a lease on a 2018 Velar R-Dynamic SE P250 with a sticker of $67,995. I would be interested in the MF/Residual on both 36 month and 39 month on 10k miles and 12k miles. I live in Southern CA, Orange County. Zip if needed is I think that is what you need, thank you in advance for your help/info!

Tylerdurden949 said:

Zip is 92663 if needed!

36/12 - .00003 and 56%
39/12 - .00015 and 54%

johntucker604

Hello. What are the mf and rv for new jersey? Thanks so much.

2018 P250 R-Dynamic SE, 36/10k

Any incentives in place? Also are you able to residualize the prepaid maintenance?

Thanks

kyfdx

johntucker604 said:

Hello. What are the mf and rv for new jersey? Thanks so much.

2018 P250 R-Dynamic SE, 36/10k

Any incentives in place? Also are you able to residualize the prepaid maintenance?

Thanks

.00003 MF and 57% residual
No incentives

We haven't heard of LR residualizing maintenance.

neurotech

Money factor and residual for 2018 First Edition? 36/39 and 10/12/15K?

Michaell

Yousef Shaban said:

Money factor and residual for 2018 First Edition? 36/39 and 10/12/15K?

What ZIP code?

Dan Venzke

Looking for Current MF / RV on 2018 RR Velar Trims for Zip 90404

-Velar S D180
-Velar S P250
-Velar R-Dynamic SE D180
-Velar R-Dynamic SE P250
-Velar R-Dynamic HSE D180
-Velar R-Dynamic HSE P250

36/10k

Thanks for the help!

Michaell

Dan Venzke said:

Looking for Current MF / RV on 2018 RR Velar Trims for Zip 90404

-Velar S D180
-Velar S P250
-Velar R-Dynamic SE D180
-Velar R-Dynamic SE P250
-Velar R-Dynamic HSE D180
-Velar R-Dynamic HSE P250

36/10k

Thanks for the help!

Can we please narrow it down to your top two choices, please?

Dan Venzke

-Velar S P250
-Velar R-Dynamic SE P250
36/10k

kyfdx

Dan Venzke said:

-Velar S P250
-Velar R-Dynamic SE P250
36/10k

S: .00017 MF and 57% residual
SE: .00003 MF and 57% residual

inquidude

Just wanted to thank the moderators for sharing helpful information. Last week, this helped me me lease my 2018 Velar P250 S on a 36m/10k lease with an uninflated money factor (.00017), correct residual (57%), and a >$3k discount off MSRP. You guys rock!

Michaell

inquidude said:

Just wanted to thank the moderators for sharing helpful information. Last week, this helped me me lease my 2018 Velar P250 S on a 36m/10k lease with an uninflated money factor (.00017), correct residual (57%), and a >$3k discount off MSRP. You guys rock!

Congrats! Enjoy the new Velar.

teto1891

Hello!

Looking for updated numbers on a 2018 Range Rover Velar P380 Dynamic. 1) SE 2) HSE as well as any and all lease incentives. Looking at 36 or 39 months, with 12K miles as I think it's the best combo of numbers. I have July numbers but not sure if they're the same as August.

Zip for taxes 95350

kyfdx

teto1891 said:

Hello!

Looking for updated numbers on a 2018 Range Rover Velar P380 Dynamic. 1) SE 2) HSE as well as any and all lease incentives. Looking at 36 or 39 months, with 12K miles as I think it's the best combo of numbers. I have July numbers but not sure if they're the same as August.

Zip for taxes 95350

1)
.00001 MF and 54% residual
.00013 MF and 52% residual
$2300 dealer lease incentive

2)
.00001 MF and 51% residual
.00013 MF and 49% residual
$5650 dealer lease incentive

neurotech

31601, thanks Michaell!