2020 Range Rover Evoque Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 263,899
    avocadory said:

    Michaell said:

    avocadory said:

    Can you guys tell me if this is a good deal at $947 down and $502/mo. for a 2020 Range Rover Evoque SE? 36/12k.

    Hard to say - note that the heading above the prices says "purchase option". That doesn't relate to the payment they are quoting you.

    Ask them for a copy of the lease worksheet they used to get to the $502/mo quote.

    It's not bad, but without all the relevant lease information, we can't tell you if it could be better.
    I believe this is how the lease is being structured - will ask the dealer to share the lease worksheet with me.

    • MSRP: $48,695
    • Selling Price: $43,826 (10% off MSRP)
    • Months/Miles: 36/12k
    • Residual: 60% ($29,217)
    • MF: .00001
    • Rebate: $200
    • Sales Tax (6.25% in TX): $2,736 ($76/mo.)
    • Pre-Tax Monthly Payment: $426
    • Monthly Payment w/ Tax: $426 + $76 = $502
    • Drive-Off: $947 (First Month Payment + Fees)

    Would the MF and residual for 39/12k be more favorable for this lease?

    You are not including the acquisition fee ($795 for Land Rover), dealer documentation fee, or registration costs in your calculations.

    .00009 and 58% for 39/12

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  • avocadoryavocadory Member Posts: 20
    Michaell said:

    avocadory said:

    Michaell said:

    avocadory said:

    Can you guys tell me if this is a good deal at $947 down and $502/mo. for a 2020 Range Rover Evoque SE? 36/12k.

    Hard to say - note that the heading above the prices says "purchase option". That doesn't relate to the payment they are quoting you.

    Ask them for a copy of the lease worksheet they used to get to the $502/mo quote.

    It's not bad, but without all the relevant lease information, we can't tell you if it could be better.
    I believe this is how the lease is being structured - will ask the dealer to share the lease worksheet with me.

    • MSRP: $48,695
    • Selling Price: $43,826 (10% off MSRP)
    • Months/Miles: 36/12k
    • Residual: 60% ($29,217)
    • MF: .00001
    • Rebate: $200
    • Sales Tax (6.25% in TX): $2,736 ($76/mo.)
    • Pre-Tax Monthly Payment: $426
    • Monthly Payment w/ Tax: $426 + $76 = $502
    • Drive-Off: $947 (First Month Payment + Fees)

    Would the MF and residual for 39/12k be more favorable for this lease?

    You are not including the acquisition fee ($795 for Land Rover), dealer documentation fee, or registration costs in your calculations.

    .00009 and 58% for 39/12
    Dealer isn't being very transparent. This is what they sent me when I asked them for the lease calculation worksheet.


  • kyfdxkyfdx Moderator Posts: 267,543
    avocadory said:

    Michaell said:

    avocadory said:

    Michaell said:

    avocadory said:

    Can you guys tell me if this is a good deal at $947 down and $502/mo. for a 2020 Range Rover Evoque SE? 36/12k.

    Hard to say - note that the heading above the prices says "purchase option". That doesn't relate to the payment they are quoting you.

    Ask them for a copy of the lease worksheet they used to get to the $502/mo quote.

    It's not bad, but without all the relevant lease information, we can't tell you if it could be better.
    I believe this is how the lease is being structured - will ask the dealer to share the lease worksheet with me.

    • MSRP: $48,695
    • Selling Price: $43,826 (10% off MSRP)
    • Months/Miles: 36/12k
    • Residual: 60% ($29,217)
    • MF: .00001
    • Rebate: $200
    • Sales Tax (6.25% in TX): $2,736 ($76/mo.)
    • Pre-Tax Monthly Payment: $426
    • Monthly Payment w/ Tax: $426 + $76 = $502
    • Drive-Off: $947 (First Month Payment + Fees)

    Would the MF and residual for 39/12k be more favorable for this lease?

    You are not including the acquisition fee ($795 for Land Rover), dealer documentation fee, or registration costs in your calculations.

    .00009 and 58% for 39/12
    Dealer isn't being very transparent. This is what they sent me when I asked them for the lease calculation worksheet.


    If I add the acquisition fee to the sale price, the payment is almost exact.

    Considering the high sales tax on leases in TX, this is a pretty good deal. Especially for a Land Rover, where good deals are hard to find.

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  • wobushiedwobushied Member Posts: 1
    edited April 2020
    Hi,
    Would you please provide lease prices and deals, incentives, MF, RV for a 2020 Range Rover Evoque SE in the 89139 zip code area? Term 36/10
  • MichaellMichaell Moderator Posts: 263,899
    wobushied said:

    Hi,
    Would you please provide lease prices and deals, incentives, MF, RV for a 2020 Range Rover Evoque SE in the 89139 zip code area? Term 36/10

    .00001 and 61%
    $200 incentive

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  • DOinCODOinCO Member Posts: 12
    Can i get MF/RV lease deals for 2020 Evoque S and SE in 80124 36m/12k
  • kyfdxkyfdx Moderator Posts: 267,543
    DOinCO said:

    Can i get MF/RV lease deals for 2020 Evoque S and SE in 80124 36m/12k

    S: .00020 MF and 61% residual

    SE: .00001 MF and 60% residual. $200 dealer lease cash

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  • njcruisenjcruise Member Posts: 17
    edited April 2020
    Hello, please let me know your thoughts about the following lease deal for a 2020 Evoque S (loaner with 3700 miles) in Central Jersey (08818):

    MSRP: 49,769
    Selling Price: 44,319
    Doc Fee: 599
    Acquisition Fee: 895
    Monthly Payment: 447.94
    Cap taxes: 1177.54
    Cash down: 2099.30 (Total Cap Reduction: 599.48, Upfront Charges: 1051.88, 1st payment: 447.94)

    MF: .00027
    RV: 59% ($29,363.71)
    39 mths./12k miles

    I just realized the cash down should total $1941.94 so they added an additional $157.06 of fees not disclosed on their worksheet).
  • MichaellMichaell Moderator Posts: 263,899
    njcruise said:

    Hello, please let me know your thoughts about the following lease deal for a 2020 Evoque S (loaner with 3700 miles) in Central Jersey (08818):

    MSRP: 49,769
    Selling Price: 44,319
    Doc Fee: 599
    Acquisition Fee: 895
    Monthly Payment: 447.94
    Cap taxes: 1177.54
    Cash down: 2099.30 (Total Cap Reduction: 599.48, Upfront Charges: 1051.88, 1st payment: 447.94)

    MF: .00027
    RV: 59% ($29,363.71)
    39 mths./12k miles

    I just realized the cash down should total $1941.94 so they added an additional $157.06 of fees not disclosed on their worksheet).

    I confirm the .00027 MF and 59% RV

    If I add the taxes and acquisition fee to the selling price, I'm about $10/mo over the quoted payment.

    Relative to MSRP, that's a decent payment.

    I'd ask them to quote you a payment on a new unit, to see how much the loaner vehicle is saving you.

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  • thirty6chambersthirty6chambers Member Posts: 7
    Hi,
    Would you please provide lease prices and deals, incentives, MF, RV for a 2020 Range Rover Evoque First Edition in the 91016 zip code area? Terms: 24 months/7.5k miles
  • MichaellMichaell Moderator Posts: 263,899

    Hi,
    Would you please provide lease prices and deals, incentives, MF, RV for a 2020 Range Rover Evoque First Edition in the 91016 zip code area? Terms: 24 months/7.5k miles

    .00088 and 65%
    $1575 incentive

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  • thirty6chambersthirty6chambers Member Posts: 7
    Michaell said:

    Hi,
    Would you please provide lease prices and deals, incentives, MF, RV for a 2020 Range Rover Evoque First Edition in the 91016 zip code area? Terms: 24 months/7.5k miles

    .00088 and 65%
    $1575 incentive
    Thank you for the info, sorry i forgot to ask this in the original question: can you also give me the numbers for a 36 months/7.5k miles?
  • MichaellMichaell Moderator Posts: 263,899

    Michaell said:

    Hi,
    Would you please provide lease prices and deals, incentives, MF, RV for a 2020 Range Rover Evoque First Edition in the 91016 zip code area? Terms: 24 months/7.5k miles

    .00088 and 65%
    $1575 incentive
    Thank you for the info, sorry i forgot to ask this in the original question: can you also give me the numbers for a 36 months/7.5k miles?
    .00001 and 58%

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  • JesterJester Member Posts: 1
    Hi! I’m looking for the mf, rv and incentives on a 2020 evoque se for 36/12 in zip code 21701. Thank you
  • MichaellMichaell Moderator Posts: 263,899
    Jester said:

    Hi! I’m looking for the mf, rv and incentives on a 2020 evoque se for 36/12 in zip code 21701. Thank you

    .00001 and 60%
    $200 incentive

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  • navarrasq5navarrasq5 Member Posts: 32
    Hello, can I please have the April MF and RV for a 2020 Range Rover Evoque R-Dynamic SE 36/12 in 85750? Any Lease Cash or Conquest available?
  • kyfdxkyfdx Moderator Posts: 267,543

    Hello, can I please have the April MF and RV for a 2020 Range Rover Evoque R-Dynamic SE 36/12 in 85750? Any Lease Cash or Conquest available?

    .00001 MF and 58% residual
    $1250 dealer lease cash

    No conquest

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  • dtwellsdtwells Member Posts: 30
    Hi, can I have the MF and RV and any incentives for 2020 Evoque S. 7.5K miles for 33 and 36 in 45224. I recieved a quote from an out of state dealer and they gave me the residual value including demo miles, and it appears to be 62.73 and 61.73. Looking at other comments, seems the demo miles only took off ~.27%

    They didnt mention anything about the MF or incentives, so i think they are marking up the rate or excluding incentives as I cant get numbers to be close at all.
  • kyfdxkyfdx Moderator Posts: 267,543
    dtwells said:

    Hi, can I have the MF and RV and any incentives for 2020 Evoque S. 7.5K miles for 33 and 36 in 45224. I recieved a quote from an out of state dealer and they gave me the residual value including demo miles, and it appears to be 62.73 and 61.73. Looking at other comments, seems the demo miles only took off ~.27%

    They didnt mention anything about the MF or incentives, so i think they are marking up the rate or excluding incentives as I cant get numbers to be close at all.

    .00012 MF and 64% residual
    .00020 MF and 63% residual

    The residual deduction would vary, depending on the number of miles on the odometer.

    Although the reductions appear to be 1% more than you surmise.

    If they haven't disclosed the money factor, then it's likely they are marking it up. Maybe, by a large amount.

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  • dtwellsdtwells Member Posts: 30
    kyfdx said:


    .00012 MF and 64% residual
    .00020 MF and 63% residual

    The residual deduction would vary, depending on the number of miles on the odometer.

    Although the reductions appear to be 1% more than you surmise.

    If they haven't disclosed the money factor, then it's likely they are marking it up. Maybe, by a large amount.

    Using these numbers, and adjusting down the residual to match the dollar amount they gave me, looks like they are making the MF up from .00012 to .0006 and .00020 to .00070. Will write them back asking what thats about as its adding over $40/month. Probably their way to recoup some of the money from discounting the demo so much. Thank you!
  • njcruisenjcruise Member Posts: 17
    This is the final lease deal for a 2020 Evoque S (loaner with 3700 miles) in Central Jersey (08818):

    MSRP: 49,769
    Selling Price: 43,504.55
    Doc Fee: 599
    Acquisition Fee: 895
    MV Fee: 156
    Monthly Payment: 427.74
    Cap taxes: 1123.09
    Cash down: 2000.00 (Total Cap Reduction: 510.38, Upfront Charges: 1061.88, 1st payment: 427.74)

    MF: .00027
    RV: 59% ($29,363.71)
    39 mths./12k miles

    I contacted two other dealerships re. lease deals for a new vehicle with similar features. The lowest quote I received was $508/mth. with $2400 fees. I tried one last time to negotiate the selling price of the vehicle and fees but they are not budging.

    Are Land Rover dealerships typically stubborn when it comes to reducing the fees?
  • MichaellMichaell Moderator Posts: 263,899
    njcruise said:

    This is the final lease deal for a 2020 Evoque S (loaner with 3700 miles) in Central Jersey (08818):

    MSRP: 49,769
    Selling Price: 43,504.55
    Doc Fee: 599
    Acquisition Fee: 895
    MV Fee: 156
    Monthly Payment: 427.74
    Cap taxes: 1123.09
    Cash down: 2000.00 (Total Cap Reduction: 510.38, Upfront Charges: 1061.88, 1st payment: 427.74)

    MF: .00027
    RV: 59% ($29,363.71)
    39 mths./12k miles

    I contacted two other dealerships re. lease deals for a new vehicle with similar features. The lowest quote I received was $508/mth. with $2400 fees. I tried one last time to negotiate the selling price of the vehicle and fees but they are not budging.

    Are Land Rover dealerships typically stubborn when it comes to reducing the fees?

    Congrats on the new Evoque!

    Some fees are mandatory - acquisition fee, for one.

    Others, like the doc fee, are dealer specific - it's better to negotiate the price to negate the fees rather than trying to eliminate the fees directly. ("Oh, but we have to charge everyone the same fee - it's the law.")

    We have found that LR dealers, in general, are not great about discounting - yours is one of the best deals we've seen in a while.

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  • njcruisenjcruise Member Posts: 17
    Michaell, thank you for the feedback. Your input is invaluable.
  • toadetoade Member Posts: 13
    It's a new month! Can you give me the lease rates and incentives for 10000 miles, 36, 39, 42 months, for S and SE in 93105.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    toade said:

    It's a new month! Can you give me the lease rates and incentives for 10000 miles, 36, 39, 42 months, for S and SE in 93105.

    Thanks!

    S
    .00002 MF and 61% residual
    .00009 MF and 59% residual
    .00091 MF and 57% residual

    SE
    .00001 MF and 60% residual
    .00009 MF and 59% residual
    .00090 MF and 56% residual
    $675 dealer lease cash

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  • LoGiKLoGiK Member Posts: 97
    Hi,

    Can I please have May numbers as well for an Evoque S and SE for 33, 36, 39 months with 10k miles. And also any incentives for my region? Zip code: 33018

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    LoGiK said:

    Hi,

    Can I please have May numbers as well for an Evoque S and SE for 33, 36, 39 months with 10k miles. And also any incentives for my region? Zip code: 33018

    Thanks!

    Same as the post above.

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  • LoGiKLoGiK Member Posts: 97
    kyfdx said:

    LoGiK said:

    Hi,

    Can I please have May numbers as well for an Evoque S and SE for 33, 36, 39 months with 10k miles. And also any incentives for my region? Zip code: 33018

    Thanks!

    Same as the post above.

    Thanks! It’s showing $675 lease cash for my zip as well?
  • MichaellMichaell Moderator Posts: 263,899
    LoGiK said:

    kyfdx said:

    LoGiK said:

    Hi,

    Can I please have May numbers as well for an Evoque S and SE for 33, 36, 39 months with 10k miles. And also any incentives for my region? Zip code: 33018

    Thanks!

    Same as the post above.

    Thanks! It’s showing $675 lease cash for my zip as well?
    LR numbers are national.

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  • drabbubsdrabbubs Member Posts: 5
    edited May 2020
    Hi, looking for MF and RV on a 2020 Range Rover Evoque SE. Zip 33408. 36/12. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    drabbubs said:

    Hi, looking for MF and RV on a 2020 Range Rover Evoque SE. Zip 33408. 36/12. Thanks!

    .00001 MF and 59% residual
    $675 dealer lease cash

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  • drabbubsdrabbubs Member Posts: 5
    kyfdx said:

    drabbubs said:

    Hi, looking for MF and RV on a 2020 Range Rover Evoque SE. Zip 33408. 36/12. Thanks!

    .00001 MF and 59% residual
    $675 dealer lease cash
    Thanks a ton!
  • toadetoade Member Posts: 13
    2020 Evoque R Dynamic S, 93105, 10k miles, 36/39 months. thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    toade said:

    2020 Evoque R Dynamic S, 93105, 10k miles, 36/39 months. thanks!

    .00001 MF and 58% residual
    .00009 MF and 57% residual

    $1400 dealer lease cash

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  • Oviedo798Oviedo798 Member Posts: 3
    2020 Evoque SE, 60165, 15K miles, 36 Months.

    Any Incentives? Thank you!
  • kyfdxkyfdx Moderator Posts: 267,543
    Oviedo798 said:

    2020 Evoque SE, 60165, 15K miles, 36 Months.

    Any Incentives? Thank you!

    .00001 MF and 57% residual
    $675 dealer lease cash

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  • ourayupslopeourayupslope Member Posts: 4
    Hi, can I please have the May MF and RV for a 2020 Range Rover Evoque S and R-Dynamic SE 36/12,000 in 80031? Any lease cash/conquest/other incentives available?
  • MichaellMichaell Moderator Posts: 263,899

    Hi, can I please have the May MF and RV for a 2020 Range Rover Evoque S and R-Dynamic SE 36/12,000 in 80031? Any lease cash/conquest/other incentives available?

    P250 S - .00002 and 60%
    P300 R-Dyn SE - .00001 and 57%; $1750 incentive

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  • ourayupslopeourayupslope Member Posts: 4
    Michaell said:

    Hi, can I please have the May MF and RV for a 2020 Range Rover Evoque S and R-Dynamic SE 36/12,000 in 80031? Any lease cash/conquest/other incentives available?

    P250 S - .00002 and 60%
    P300 R-Dyn SE - .00001 and 57%; $1750 incentive
    Thank you! I made a typo. Do you mind also giving me the numbers for an SE model? Appreciate it!
  • kyfdxkyfdx Moderator Posts: 267,543

    Michaell said:

    Hi, can I please have the May MF and RV for a 2020 Range Rover Evoque S and R-Dynamic SE 36/12,000 in 80031? Any lease cash/conquest/other incentives available?

    P250 S - .00002 and 60%
    P300 R-Dyn SE - .00001 and 57%; $1750 incentive
    Thank you! I made a typo. Do you mind also giving me the numbers for an SE model? Appreciate it!
    .00001 MF and 59% residual
    $675 dealer lease cash

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  • Damian2505Damian2505 Member Posts: 97
    Can I have MF RV and incentives for RR evoque s 36/12k 33157
  • MichaellMichaell Moderator Posts: 263,899

    Can I have MF RV and incentives for RR evoque s 36/12k 33157

    .00002 and 60%
    No incentives

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  • Damian2505Damian2505 Member Posts: 97
    Can I also have the SE model
  • MichaellMichaell Moderator Posts: 263,899

    Can I also have the SE model

    .00001 and 59%

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  • toadetoade Member Posts: 13
    Can I get SE 39/12k?
  • MichaellMichaell Moderator Posts: 263,899
    toade said:

    Can I get SE 39/12k?

    .00009 and 58%
    $675 incentive

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  • toadetoade Member Posts: 13
    Thanks for your effort in helping getting a great deal:

    2020 Range Rover Evoque SE Demo
    MSRP: $57,924
    Sale price: $49,225 (15% off)
    Monthly Payment: $400 + tax ($435)
    Drive-Off Amount: $1300
    39 months
    10,000 mi/yr
    MF: .00009
    Residual: 59%
    Region: SoCal
  • kyfdxkyfdx Moderator Posts: 267,543
    toade said:

    Thanks for your effort in helping getting a great deal:

    2020 Range Rover Evoque SE Demo
    MSRP: $57,924
    Sale price: $49,225 (15% off)
    Monthly Payment: $400 + tax ($435)
    Drive-Off Amount: $1300
    39 months
    10,000 mi/yr
    MF: .00009
    Residual: 59%
    Region: SoCal

    Congrats! Great deal.

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  • budda007budda007 Member Posts: 16
    Hi, looking for RV, MF and incentives for 36/12 in 84121 for S model. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,543
    budda007 said:

    Hi, looking for RV, MF and incentives for 36/12 in 84121 for S model. Thanks!

    .00002 MF and 60% residual

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