2019 Land Rover Range Rover Sport Lease Deals and Prices

Michaell

sm10128 said:

I’m looking to lease a 2019 RR Sport SC Dynamic in 10128.
DETAILS
MSRP: 96855
Selling price - $92063.40
Residual of 58%
Money Factor of 0.00229

Dealer and I both agree that the monthly payment is $1,193.93.
We disagree however on the payment once taxes are rolled in. Taxes in my zip are 8.875%.
I get a payment of $1,299.89.
He gets a payment of $1,323.88 because he tells me that when taxes are rolled in, they are subject to money factor.
Does that make sense?
Who is right?

Yes, dealer is correct - if you add the taxes to the selling price, they are subject to interest.

And, in NY, through some quirk in the tax laws, those taxes are taxed again.

Our recommendation is to pay the taxes up front, and avoid the confusion.

sm10128

Thanks for the quick reply Michaell. Its odd because every tax calculator I checked agrees with me, which is you get the payment and you simply multiply by (1+tax rate) to get you all-in rate, see link at the very bottom. Now the difference for me over 42 months is about $1000. I have no issues paying taxes upfront but I basically run the risk of either losing that money if something happens to car or if I exit lease early? Anything else that would be a con of paying taxes upfront VS. the pro of saving $24 a month?
Also, good deal?


(leasehackr.com/calculatormake=Land_Rover&msrp=96855&sales_price=92063.40&months=42&mf=0.00229&dp=0&doc_fee=0&acq_fee=895&taxed_inc=0&untaxed_inc=0&rebate=0&resP=58&reg_fee=217.5&sales_tax=8.875&memo=&acqFee_check=true&monthlyTax_radio=true&miles=10000&msd=0)

Michaell

sm10128 said:

Thanks for the quick reply Michaell. Its odd because every tax calculator I checked agrees with me, which is you get the payment and you simply multiply by (1+tax rate) to get you all-in rate, see link at the very bottom. Now the difference for me over 42 months is about $1000. I have no issues paying taxes upfront but I basically run the risk of either losing that money if something happens to car or if I exit lease early? Anything else that would be a con of paying taxes upfront VS. the pro of saving $24 a month?
Also, good deal?


(leasehackr.com/calculatormake=Land_Rover&msrp=96855&sales_price=92063.40&months=42&mf=0.00229&dp=0&doc_fee=0&acq_fee=895&taxed_inc=0&untaxed_inc=0&rebate=0&resP=58&reg_fee=217.5&sales_tax=8.875&memo=&acqFee_check=true&monthlyTax_radio=true&miles=10000&msd=0)

No other disadvantages other than the risk of losing the up front tax money.

On line lease calculators don't always understand the intricacies of sales tax.

kyfdx

sm10128 said:

Thanks for the quick reply Michaell. Its odd because every tax calculator I checked agrees with me, which is you get the payment and you simply multiply by (1+tax rate) to get you all-in rate, see link at the very bottom. Now the difference for me over 42 months is about $1000. I have no issues paying taxes upfront but I basically run the risk of either losing that money if something happens to car or if I exit lease early? Anything else that would be a con of paying taxes upfront VS. the pro of saving $24 a month?
Also, good deal?


(leasehackr.com/calculatormake=Land_Rover&msrp=96855&sales_price=92063.40&months=42&mf=0.00229&dp=0&doc_fee=0&acq_fee=895&taxed_inc=0&untaxed_inc=0&rebate=0&resP=58&reg_fee=217.5&sales_tax=8.875&memo=&acqFee_check=true&monthlyTax_radio=true&miles=10000&msd=0)

In NY, the tax is actually higher if you roll it in, along with being subject to finance charges.
If I lived in NY, I'd pay it upfront.

sm10128

Thank you both. Looks like upfront it is. Is it a decent deal? I know residual and MF cant be negotiated. But its a discount!

JosephT16

First off, I just want to say thank you to the moderators and posters who contribute to this site and these threads. What an awesome community. Thank you!

I was wondering if someone could give me the residual and MF rate for:

2019 RANGE ROVER SPORT V6 HSE DYNAMIC
TOTAL MSRP $88,775*
36 Months
12k Per Year
Palm Desert, CA 92211

kyfdx

JosephT16 said:

First off, I just want to say thank you to the moderators and posters who contribute to this site and these threads. What an awesome community. Thank you!

I was wondering if someone could give me the residual and MF rate for:

2019 RANGE ROVER SPORT V6 HSE DYNAMIC
TOTAL MSRP $88,775*
36 Months
12k Per Year
Palm Desert, CA 92211

.00210 MF and 59% residual

sm10128

Michaell and kyfdx, I decided to take your advice and pay the taxes upfront. I am having a hard time deciding which term to pick. Could you tell me which YOU would pick. Also, I cant figure out how the dealer calculates the upfront taxes. NY taxes are 8.875% but the taxes they are charging me don't reconcile with that tax rate and teh deprecated amount. MSRP is $96,855.

Term 42 39 36 33
Discount $4,791.60 $4,791.60 $4,791.60 $4,791.60
Residual 58% 58% 61% 64%
Cap Cost/Sale Price $92,063.40 $92,063.40 $92,063.40 $92,063.40
Residual Value $56,175.90 $56,175.90 $59,081.55 $61,987.20
Base Rate 0.00229 0.00221 0.00220 0.00220
Depreciation $854.46 $920.19 $916.16 $911.40
Interest $339.47 $327.61 $332.52 $338.91
Payment before txes $1,193.93 $1,247.80 $1,248.68 $1,250.31

Upfront taxes $4,536.46 $4,238.97 $3,924.45 $3,611.59

obviously payment is basically same for 33/36/39 and somewhat lower for 42.
Interest however I slowest for 39 months. And LR often lets you out of leases early for a new vehicle (like in my case) and other dealers will make some payments to get you into a new brand, so I can t decide. HELP!!!!!

Thank you.

sm10128

Sorry for awful formatting I did format it but it did not "take" when I posted.

Michaell

sm10128 said:

Michaell and kyfdx, I decided to take your advice and pay the taxes upfront. I am having a hard time deciding which term to pick. Could you tell me which YOU would pick. Also, I cant figure out how the dealer calculates the upfront taxes. NY taxes are 8.875% but the taxes they are charging me don't reconcile with that tax rate and teh deprecated amount. MSRP is $96,855.

Term 42 39 36 33
Discount $4,791.60 $4,791.60 $4,791.60 $4,791.60
Residual 58% 58% 61% 64%
Cap Cost/Sale Price $92,063.40 $92,063.40 $92,063.40 $92,063.40
Residual Value $56,175.90 $56,175.90 $59,081.55 $61,987.20
Base Rate 0.00229 0.00221 0.00220 0.00220
Depreciation $854.46 $920.19 $916.16 $911.40
Interest $339.47 $327.61 $332.52 $338.91
Payment before txes $1,193.93 $1,247.80 $1,248.68 $1,250.31

Upfront taxes $4,536.46 $4,238.97 $3,924.45 $3,611.59

obviously payment is basically same for 33/36/39 and somewhat lower for 42.
Interest however I slowest for 39 months. And LR often lets you out of leases early for a new vehicle (like in my case) and other dealers will make some payments to get you into a new brand, so I can t decide. HELP!!!!!

Thank you.

Why would you go with anything other than the lowest payment, if you are looking at all the different terms?

And, we don't make decisions with other peoples money.

What makes you think you are getting out of your current lease early? When you sign that contract, you are obligated to make all the lease payments.

kyfdx

sm10128 said:

Michaell and kyfdx, I decided to take your advice and pay the taxes upfront. I am having a hard time deciding which term to pick. Could you tell me which YOU would pick. Also, I cant figure out how the dealer calculates the upfront taxes. NY taxes are 8.875% but the taxes they are charging me don't reconcile with that tax rate and teh deprecated amount. MSRP is $96,855.

Term 42 39 36 33
Discount $4,791.60 $4,791.60 $4,791.60 $4,791.60
Residual 58% 58% 61% 64%
Cap Cost/Sale Price $92,063.40 $92,063.40 $92,063.40 $92,063.40
Residual Value $56,175.90 $56,175.90 $59,081.55 $61,987.20
Base Rate 0.00229 0.00221 0.00220 0.00220
Depreciation $854.46 $920.19 $916.16 $911.40
Interest $339.47 $327.61 $332.52 $338.91
Payment before txes $1,193.93 $1,247.80 $1,248.68 $1,250.31

Upfront taxes $4,536.46 $4,238.97 $3,924.45 $3,611.59

obviously payment is basically same for 33/36/39 and somewhat lower for 42.
Interest however I slowest for 39 months. And LR often lets you out of leases early for a new vehicle (like in my case) and other dealers will make some payments to get you into a new brand, so I can t decide. HELP!!!!!

Thank you.

If you plan on taking the lease to term, go for the 42 month lease.
$65/mo is a pretty big savings.

The higher the residual, the lower the payment, but also the more difficulty in getting out early, as the vehicle will likely be worth less than the residual.

aks0685

Can you please provide MF/Resi.

V6 Dynamic
7500/per year.
33 month and 39 month
Zip 30319. thanks!

kyfdx

aks0685 said:

Can you please provide MF/Resi.

V6 Dynamic
7500/per year.
33 month and 39 month
Zip 30319. thanks!

.00209 MF and 65% residual
.00211 MF and 59% residual

thosedamnvoices

thosedamnvoices said:

Opinions on attached lease quote? IMO money factor seems high.
Zip code is 95762. 2019 RRS SVR. 33month lease. 15k miles/year.
Thanks in advance. Advice is much appreciated!

Quick question for the experts:
If I go with a shorter lease term, can I expect a lower MF? 24 month perhaps? I realize monthly would of course be higher but I just honestly hate the idea of paying interest more than anything but can't quite bring myself to buying outright in cash. Thanks for the advice!

Michaell

thosedamnvoices said:

thosedamnvoices said:

Opinions on attached lease quote? IMO money factor seems high.
Zip code is 95762. 2019 RRS SVR. 33month lease. 15k miles/year.
Thanks in advance. Advice is much appreciated!

Quick question for the experts:
If I go with a shorter lease term, can I expect a lower MF? 24 month perhaps? I realize monthly would of course be higher but I just honestly hate the idea of paying interest more than anything but can't quite bring myself to buying outright in cash. Thanks for the advice!

The base MF for 33 months is .00220; the MF on your quote is marked up

The base MF for 24 months is .00294, which the dealer will also attempt to mark up.

You want a lower MF, pick a different model, or a different brand.

thosedamnvoices

I understand the quote is marked up and I will try to negotiate down the MF with the dealer. What I'm wondering is how the term length affect the base MF and what term length would offer the lowest base MF.

Michaell

thosedamnvoices said:

I understand the quote is marked up and I will try to negotiate down the MF with the dealer. What I'm wondering is how the term length affect the base MF and what term length would offer the lowest base MF.

For the SVR, the 33 and 36 month base MF is .00220. That's as good as it gets.

RRS HSE Td6, OTOH, has a .00168 MF for 33 months.

Like I said, you've picked the newest model with almost the highest MF (2019 SE / SE Td6 has a base MF of .00229). If you can find a 2018, the MF will be better (SVR is .00103 for 33 months or .00109 for 36 months).

Land Rovers are notoriously expensive to lease, so even a low MF will result in a big interest payment.

If you hate interest, I'm paying a total of $53 in interest on the lease of my Jetta.

sb1805

Can you please provide residual and MF for 3 yr/36k miles 2019 RRS HSE V6 supercharged? How does residual change for 15k miles? Los Angeles, CA. Thank you.

kyfdx

sb1805 said:

Can you please provide residual and MF for 3 yr/36k miles 2019 RRS HSE V6 supercharged? How does residual change for 15k miles? Los Angeles, CA. Thank you.

.00210 MF
62%/60% residual

hollywoodtower

Hello -

First of all, thank you for this very helpful input.

I'm looking at a 2019 RRS HSE Dynamic. MSRP is $86,322. Dealer will not offer any incentives.

I am located in 90210 or 90048.

I have been quoted at:

36 mos. / 10k = 0.00207 MF and residual is 60% ( = $1,305/mo. incl. tax); and

36 mos / 12k = 0.00207 MF and residual is 58% (= $1,355/mo. incl. tax).

My questions are:

1. Is that MF fair, or has it been marked up? It seems lower than the others quoted, and on the more reasonable end.
2. The dealer has told me they have ZERO ability to negotiate on the residual %, as that is entirely determined by the bank (Chase), is that correct?
3. Does the MF change whether I purchase the car from a 90210 zip versus 90048?

Thank you very much again for your help.

Michaell

hollywoodtower said:

Hello -

First of all, thank you for this very helpful input.

I'm looking at a 2019 RRS HSE Dynamic. MSRP is $86,322. Dealer will not offer any incentives.

I am located in 90210 or 90048.

I have been quoted at:

36 mos. / 10k = 0.00207 MF and residual is 60% ( = $1,305/mo. incl. tax); and

36 mos / 12k = 0.00207 MF and residual is 58% (= $1,355/mo. incl. tax).

My questions are:

1. Is that MF fair, or has it been marked up? It seems lower than the others quoted, and on the more reasonable end.
2. The dealer has told me they have ZERO ability to negotiate on the residual %, as that is entirely determined by the bank (Chase), is that correct?
3. Does the MF change whether I purchase the car from a 90210 zip versus 90048?

Thank you very much again for your help.

1. I show .00210 for 36 months
2. Dealer is correct; residual is fixed
3. MF is the same, nationally

hollywoodtower

Thank you for your quick reply.

My close friend recently did a 1-pay lease financed by JLRFG on a RRS HSE.

MSRP was $82,640 with no Cap Cost Reduction. She paid a total rent charge of $43.39 which of course assumes a MF of close to 0% given that all payments are made up front. Indeed, her sale control printout reads "RATEK 0.00001."

My local dealer has quoted me a 1-pay MF of .00160 on the same vehicle I asked about above for a 36mo/10k and residual of 60%.

Is this an extremely inflated MF? Shouldn't the MF be similar to that received by my friend (even bought from the same dealer, with worse credit) since 100% of the payments are made on the day of acquisition?

kyfdx

hollywoodtower said:

Thank you for your quick reply.

My close friend recently did a 1-pay lease financed by JLRFG on a RRS HSE.

MSRP was $82,640 with no Cap Cost Reduction. She paid a total rent charge of $43.39 which of course assumes a MF of close to 0% given that all payments are made up front. Indeed, her sale control printout reads "RATEK 0.00001."

My local dealer has quoted me a 1-pay MF of .00160 on the same vehicle I asked about above for a 36mo/10k and residual of 60%.

Is this an extremely inflated MF? Shouldn't the MF be similar to that received by my friend (even bought from the same dealer, with worse credit) since 100% of the payments are made on the day of acquisition?

Maybe your friend leased a 2018 model, and you are looking at 2019 models?

hollywoodtower

This was for a 2017 model, and leased in August of 2017. Perhaps because it was an outgoing body style?

In any event, shouldn't I be expecting a MF close to 0% if I'm prepaying every payment (and therefore no money being loaned)?

kyfdx

hollywoodtower said:

This was for a 2017 model, and leased in August of 2017. Perhaps because it was an outgoing body style?

In any event, shouldn't I be expecting a MF close to 0% if I'm prepaying every payment (and therefore no money being loaned)?

Oh... over a year ago, on a two year older model? We don't classify that as "recent".

There is still money being "loaned", even if you make all of the payments upfront.

Money factor reductions for single-pay leases tend to be in the .00060 to .00100 range. I don't know JLR's reduction, but with a current money factor of over .00200, the single-pay money factor is still likely over .00100.

rkdiddy

Looking for Residual and MF on 2019 RRS Supercharged Dynamic: 33 Month with 10k/year for October. Thank you!

Michaell

rkdiddy said:

Looking for Residual and MF on 2019 RRS Supercharged Dynamic: 33 Month with 10k/year for October. Thank you!

.00220 and 63%

dgrewal

Can you give me the November numbers for a range rover sport HSE and HSE dynamic both V6 for 36 months 15k a year. Thanks

Michaell

dgrewal said:

Can you give me the November numbers for a range rover sport HSE and HSE dynamic both V6 for 36 months 15k a year. Thanks

.00174 and 57% (HSE) or 55% (HSE Dyn)

dgrewal

Can you give me the November numbers for a range rover sport HSE and HSE dynamic both V6 for 33 months 15k a year. Thanks

Michaell

dgrewal said:

Can you give me the November numbers for a range rover sport HSE and HSE dynamic both V6 for 33 months 15k a year. Thanks

.00171 and 58% (HSE) or 55% (HSE Dyn)

TheDude789

Hello - could you please provide the money factor and residual for a range rover sport supercharged dynamic (v8) for 10k/yr lease both 36 and 39 months. Thankyou.

Michaell

TheDude789 said:

Hello - could you please provide the money factor and residual for a range rover sport supercharged dynamic (v8) for 10k/yr lease both 36 and 39 months. Thankyou.

.00196 and 58%
.00198 and 57%

JAM2inCT

Hi, I am looking for the money factor and residual rate for a RR Sport V8 Supercharged - Dynamic pkg, with 12k miles per year for 33 months, 36 months and 39 months. Thank you in advance.

kyfdx

JAM2inCT said:

Hi, I am looking for the money factor and residual rate for a RR Sport V8 Supercharged - Dynamic pkg, with 12k miles per year for 33 months, 36 months and 39 months. Thank you in advance.

.00194 MF and 61% residual
.00196 MF and 57% residual
.00198 MF and 56% residual

drtodd101

Can I get the MF, residaul and any incentives for the RR sport HSE Dynamic 12K 33/36 month please. Zip 43201. Is the 33 month the sweet spot?

kyfdx

drtodd101 said:

Can I get the MF, residaul and any incentives for the RR sport HSE Dynamic 12K 33/36 month please. Zip 43201. Is the 33 month the sweet spot?

33: .00171 MF and 61% residual
36: .00174 MF and 57%
39: .00178 MF and 57%

39 looks best

hollywoodtower

kyfdx said:

drtodd101 said:

Can I get the MF, residaul and any incentives for the RR sport HSE Dynamic 12K 33/36 month please. Zip 43201. Is the 33 month the sweet spot?

33: .00171 MF and 61% residual
36: .00174 MF and 57%
39: .00178 MF and 57%

39 looks best

Are these numbers also applicable to 90120 zip? (Same model, same miles, etc.)

Michaell

hollywoodtower said:

kyfdx said:

drtodd101 said:

Can I get the MF, residaul and any incentives for the RR sport HSE Dynamic 12K 33/36 month please. Zip 43201. Is the 33 month the sweet spot?

33: .00171 MF and 61% residual
36: .00174 MF and 57%
39: .00178 MF and 57%

39 looks best

Are these numbers also applicable to 90120 zip? (Same model, same miles, etc.)

Yes, LR numbers are national.

Reggie2376

Hello, can I get the mf and residual for a 2018 Range Rover Sport HSE Dynamic on a 36 month lease. 10,000 per year. 800+ credit. 90720 zip. Thanks!

Michaell

Reggie2376 said:

Hello, can I get the mf and residual for a 2018 Range Rover Sport HSE Dynamic on a 36 month lease. 10,000 per year. 800+ credit. 90720 zip. Thanks!

36/10 - .00086 and 52%
39/10 - .00094 and 52%

hayjoss

Two questions: 1) MF and residual for Supercharged Dynamic in 44139. And 2) What % off MSRP can you expect to negotiate off for a Supercharged Dynamic model?

Segreto

Please provide November 2018 money factor and residual for '19 RR Sport HSE Dynamic (V6 and V8 separately). 33/10, 36/10, 39/10

Many thanks!
- Jason

kyfdx

hayjoss said:

Two questions: 1) MF and residual for Supercharged Dynamic in 44139. And 2) What % off MSRP can you expect to negotiate off for a Supercharged Dynamic model?

39/15
.00198 MF and 54% residual

Check here for pricing:
https://www.edmunds.com/tmv.html

kyfdx

Segreto said:

Please provide November 2018 money factor and residual for '19 RR Sport HSE Dynamic (V6 and V8 separately). 33/10, 36/10, 39/10

Many thanks!
- Jason

39 months is the best term

39/10
V6: .00178 MF and 58% residual
V8: .00198 MF and 57% residual

DonMichal

Please provide November 2018 money factor and residual for '19 RR Sport HSE (V6 and V8 separately). 33/12, 36/12, 39/12

Non-Dynamic

Thank you so much!
Don

DonMichal

DonMichal said:

Please provide November 2018 money factor and residual for '19 RR Sport HSE (V6 and V8 separately). 33/12, 36/12, 39/12

Non-Dynamic

Thank you so much!
Don

Also are there any Nov incentives for any of the 2019 RR Sports?

Michaell

DonMichal said:

DonMichal said:

Please provide November 2018 money factor and residual for '19 RR Sport HSE (V6 and V8 separately). 33/12, 36/12, 39/12

Non-Dynamic

Thank you so much!
Don

Also are there any Nov incentives for any of the 2019 RR Sports?

39/12 (best term for November)
.00178 and 59% (V6) or 57% (V8)

No lease incentives for any 2019 RRS trim

HarryD818

I was wondering if you might be able to help me out on this one. Looking for the MF and residual for a 2019 Range Rover SE (about $92k msrp), 15k miles
located in 91206

Thanks in advance!

Michaell

HarryD818 said:

I was wondering if you might be able to help me out on this one. Looking for the MF and residual for a 2019 Range Rover SE (about $92k msrp), 15k miles
located in 91206

Thanks in advance!

39/15
.00229 and 61%