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2020 Land Rover Range Rover Velar Lease Deals and Prices

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  • mbd4205mbd4205 Member Posts: 8
    Michaell said:

    mbd4205 said:

    kyfdx said:

    mbd4205 said:

    MF/RV for 2020 Velar P250 R Dynamic S. 36/10k, zip 75075

    .00071 MF and 59% residual
    Thanks. Where are you getting these published rates from? Dealer saying today that money factor isn't that low, they aren't aggressively taking money off MSRP because they don't have the inventory to replace vehicles like they used to. Saying the LR offer of 72 months 0% finance is better deal than leasing as payments are about equal and bc of the 0%, you will have equity after 3 years as opposed to leasing. I'm very well versed in leasing so what he is saying makes sense if they aren't discounting leases like they used to.
    Our numbers are from LR Finance. If the dealer is suggesting that the MF is higher, then they are padding it to make an extra buck (or several thousand of them). Lack of discounting is a common trait for LR dealers, I'm finding.

    What makes the dealer think they know what the actual market value will be after three years, if you purchase? The finance company sets the residual value for leasing; aren't they supposed to be the experts?
    Appreciate the insight. I think his point was, if you take the residual and assume that's roughly what the car would be worth after 3 years, by financing at 0%, you should have equity in the car based on the numbers right now. As opposed to leasing, you just throwing the money away, as payments for lease vs buy right now are about the same (given all the variables).
  • MichaellMichaell Moderator Posts: 262,650
    mbd4205 said:

    Michaell said:

    mbd4205 said:

    kyfdx said:

    mbd4205 said:

    MF/RV for 2020 Velar P250 R Dynamic S. 36/10k, zip 75075

    .00071 MF and 59% residual
    Thanks. Where are you getting these published rates from? Dealer saying today that money factor isn't that low, they aren't aggressively taking money off MSRP because they don't have the inventory to replace vehicles like they used to. Saying the LR offer of 72 months 0% finance is better deal than leasing as payments are about equal and bc of the 0%, you will have equity after 3 years as opposed to leasing. I'm very well versed in leasing so what he is saying makes sense if they aren't discounting leases like they used to.
    Our numbers are from LR Finance. If the dealer is suggesting that the MF is higher, then they are padding it to make an extra buck (or several thousand of them). Lack of discounting is a common trait for LR dealers, I'm finding.

    What makes the dealer think they know what the actual market value will be after three years, if you purchase? The finance company sets the residual value for leasing; aren't they supposed to be the experts?
    Appreciate the insight. I think his point was, if you take the residual and assume that's roughly what the car would be worth after 3 years, by financing at 0%, you should have equity in the car based on the numbers right now. As opposed to leasing, you just throwing the money away, as payments for lease vs buy right now are about the same (given all the variables).
    Note the word should in your statement.

    Often, residuals are inflated to achieve a lower payment - I wouldn't assume that represents the true market value after 36 months.

    Just playing devils advocate.

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  • paul4628paul4628 Member Posts: 21
    Could I also get MF/Residual/Incentives for 2020 Velar P340 R Dynamic S (36/10k, Zip 33756)?

    And MF/Residual/Incentives for 2020 Velar P340 S (36/10k, Zip 33756)?
  • kyfdxkyfdx Moderator Posts: 266,128
    paul4628 said:

    Could I also get MF/Residual/Incentives for 2020 Velar P340 R Dynamic S (36/10k, Zip 33756)?

    And MF/Residual/Incentives for 2020 Velar P340 S (36/10k, Zip 33756)?

    .00043 MF and 58% residual

    .00064 MF and 60% residual

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  • IndianaCTMIndianaCTM Member Posts: 3
    Can you provide MF and Residual for Velar S and R Dynamic for zip code 46032
  • MichaellMichaell Moderator Posts: 262,650

    Can you provide MF and Residual for Velar S and R Dynamic for zip code 46032

    Which engine?
    What lease term and how many miles per year?

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  • resipsa91resipsa91 Member Posts: 3
    edited April 2020
    Hello,

    Can I please have the MF and Residual for:

    Velar P250 R Dynamic S
    Velar P340 R Dynamic S

    Both 36mo/12k

    Zip: 92618

    Thank you!
  • MichaellMichaell Moderator Posts: 262,650
    resipsa91 said:

    Hello,

    Can I please have the MF and Residual for:

    Velar P250 R Dynamic S
    Velar P340 R Dynamic S

    Both 36mo/12k

    Zip: 92618

    Thank you!

    250 - .00071 and 58%
    340 - .00043 and 57%
    No incentives

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  • shufflin85shufflin85 Member Posts: 12
    What are the MF and Residual for 2020 Velar S P250 S 4

    36 mo/ 7.5k
    39 mo/7.5k

    Zip: 60642
  • kyfdxkyfdx Moderator Posts: 266,128

    What are the MF and Residual for 2020 Velar S P250 S 4

    36 mo/ 7.5k
    39 mo/7.5k

    Zip: 60642

    .00091 MF and 62% residual
    .00093 MF and 60% residual

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  • CarGuy01CarGuy01 Member Posts: 6
    Are you able to provide the MF, Residual and incentives for the below. To be registered at 10301

    20MY Velar - P250
    7500 / 39
    10K / 39

    20MY Velar - P250 RDynamic
    7500 / 39
    10K / 39
  • MichaellMichaell Moderator Posts: 262,650
    CarGuy01 said:

    Are you able to provide the MF, Residual and incentives for the below. To be registered at 10301

    20MY Velar - P250
    7500 / 39
    10K / 39

    20MY Velar - P250 RDynamic
    7500 / 39
    10K / 39

    39/10
    P250 - .00093 and 59%
    P250 R-Dyn - .00074 and 57%
    No incentives

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  • Nate_UNate_U Member Posts: 1
    This thread is super informative, just started the search!

    Could you provide MF, Residual and incentives:
    Zip: 90069
    36mo/10k

    Velar P250 R-Dyn
    Velar P380 R-Dyn
  • MichaellMichaell Moderator Posts: 262,650
    Nate_U said:

    This thread is super informative, just started the search!

    Could you provide MF, Residual and incentives:
    Zip: 90069
    36mo/10k

    Velar P250 R-Dyn
    Velar P380 R-Dyn

    250 - .00071 and 59%
    380 - .00001 and 57%; $1400 incentive

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  • wolly3wolly3 Member Posts: 17
    edited April 2020
    Hi, can you please provide the MF, Residual, and Incentives for the 2020 Velar P250 and P250 R-Dynamic. Lease term 36/10k. Zip: 02467. Thanks!!
  • MichaellMichaell Moderator Posts: 262,650
    wolly3 said:

    Hi, can you please provide the MF, Residual, and Incentives for the 2020 Velar P250 and P250 R-Dynamic. Lease term 36/10k. Zip: 02467. Thanks!!

    250S - .00091 and 61%
    250 RDYN S - .00071 and 59%

    No incentives

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  • shufflin85shufflin85 Member Posts: 12
    Sorry for the double post, but it turns out I was actually looking at P250 R Dynamic S in 60642, 36/7.5 and 39/7.5, does that make a difference in the MF and RV?
  • MichaellMichaell Moderator Posts: 262,650

    Sorry for the double post, but it turns out I was actually looking at P250 R Dynamic S in 60642, 36/7.5 and 39/7.5, does that make a difference in the MF and RV?

    .00071 and 60%
    .00074 and 58%

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  • shufflin85shufflin85 Member Posts: 12
    Thank you, is it common for dealers to pad the MF?
  • kyfdxkyfdx Moderator Posts: 266,128

    Thank you, is it common for dealers to pad the MF?

    Yes

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  • resipsa91resipsa91 Member Posts: 3
    Hi,

    Sorry I requested info earlier but now I also need the MF and Residual for the Velar P250 R-Dynamic S for 39 mo/12k miles. Zip is 92618

    Thanks!
  • MichaellMichaell Moderator Posts: 262,650
    resipsa91 said:

    Hi,

    Sorry I requested info earlier but now I also need the MF and Residual for the Velar P250 R-Dynamic S for 39 mo/12k miles. Zip is 92618

    Thanks!

    .00074 and 56%

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  • sh6422sh6422 Member Posts: 28
    Hello,

    Can I please have the MF, Residual & Incentives for:

    Velar P250 R Dynamic
    Velar P340 R Dynamic
    Velar P380 R Dynamic

    Both 36mo/12k

    Zip: 60659

    Thank you
  • MichaellMichaell Moderator Posts: 262,650
    sh6422 said:

    Hello,

    Can I please have the MF, Residual & Incentives for:

    Velar P250 R Dynamic
    Velar P340 R Dynamic
    Velar P380 R Dynamic

    Both 36mo/12k

    Zip: 60659

    Thank you

    250 - .00052 and 57%
    340 - .00024 and 56%
    380 - .00001 and 55%; $2150 incentive

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  • kcoop22kcoop22 Member Posts: 3
    Hi. Can I please have MF, Residual, and incentives for these, both 36 mo/10k for zip 71105?

    Velar P250 S
    Velar R-Dynamic S P250

    The dealers I'm working with are not trying to negotiate the price. They're sticking with the MSRP. Am I missing something? Is that normal?

    Thanks!
  • MichaellMichaell Moderator Posts: 262,650
    kcoop22 said:

    Hi. Can I please have MF, Residual, and incentives for these, both 36 mo/10k for zip 71105?

    Velar P250 S
    Velar R-Dynamic S P250

    The dealers I'm working with are not trying to negotiate the price. They're sticking with the MSRP. Am I missing something? Is that normal?

    Thanks!

    250S - .00073 and 60%
    R-Dyn 250S - .00052 and 58%

    LR dealers seem to be allergic to discounting. Might be best to move on to another brand.

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  • kcoop22kcoop22 Member Posts: 3
    Lol. Thanks for the info!
  • ChiHawk94920ChiHawk94920 Member Posts: 2
    Hello, would you be so kind to share the residual and MF on both a 36 and 39 month lease, 7,500 miles Velar SV Autobiography zip 94920
  • MichaellMichaell Moderator Posts: 262,650

    Hello, would you be so kind to share the residual and MF on both a 36 and 39 month lease, 7,500 miles Velar SV Autobiography zip 94920

    .00147 and 52% / 50% for 36/39 months and 7500 miles
    No incentives

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  • ChiHawk94920ChiHawk94920 Member Posts: 2
    Michaell said:

    Hello, would you be so kind to share the residual and MF on both a 36 and 39 month lease, 7,500 miles Velar SV Autobiography zip 94920

    .00147 and 52% / 50% for 36/39 months and 7500 miles
    No incentives
    Thank you for the quick reply! Brutal residuals
  • kyfdxkyfdx Moderator Posts: 266,128

    Michaell said:

    Hello, would you be so kind to share the residual and MF on both a 36 and 39 month lease, 7,500 miles Velar SV Autobiography zip 94920

    .00147 and 52% / 50% for 36/39 months and 7500 miles
    No incentives
    Thank you for the quick reply! Brutal residuals
    Higher trim lines often have low residuals

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  • wdcjetsetterwdcjetsetter Member Posts: 28
    Hi, Can you please let me know what the residual and MF on both a 36 and 39 month lease, 12k miles Velar 250 in 20175
  • MichaellMichaell Moderator Posts: 262,650

    Hi, Can you please let me know what the residual and MF on both a 36 and 39 month lease, 12k miles Velar 250 in 20175

    S or R-Dynamic S?

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  • wdcjetsetterwdcjetsetter Member Posts: 28
    Michaell said:

    Hi, Can you please let me know what the residual and MF on both a 36 and 39 month lease, 12k miles Velar 250 in 20175

    S or R-Dynamic S?
    S please
  • MichaellMichaell Moderator Posts: 262,650

    Michaell said:

    Hi, Can you please let me know what the residual and MF on both a 36 and 39 month lease, 12k miles Velar 250 in 20175

    S or R-Dynamic S?
    S please
    .00073 and 59%
    .00076 and 58%
    No incentives

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  • wdcjetsetterwdcjetsetter Member Posts: 28
    Michaell said:

    Michaell said:

    Hi, Can you please let me know what the residual and MF on both a 36 and 39 month lease, 12k miles Velar 250 in 20175

    S or R-Dynamic S?
    S please
    .00073 and 59%
    .00076 and 58%
    No incentives
    Michael,

    Can you also give me the numbers for the R-Dynamic S? We are switching from the S to the R-Dynamic S. :)

    residual and MF on both a 36 and 39-month lease, 12k miles Velar 250 R-Dynamic S in 20175.

    Thanks much!
  • kyfdxkyfdx Moderator Posts: 266,128

    Michaell said:

    Michaell said:

    Hi, Can you please let me know what the residual and MF on both a 36 and 39 month lease, 12k miles Velar 250 in 20175

    S or R-Dynamic S?
    S please
    .00073 and 59%
    .00076 and 58%
    No incentives
    Michael,

    Can you also give me the numbers for the R-Dynamic S? We are switching from the S to the R-Dynamic S. :)

    residual and MF on both a 36 and 39-month lease, 12k miles Velar 250 R-Dynamic S in 20175.

    Thanks much!
    .00052 MF and 57% residual
    .00057 MF and 56% residual

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  • HulkJeepHulkJeep Member Posts: 2
    edited May 2020
    Can you provide MF and Residual for Velar P550 SVA for zip code 67206. MSRP $97,695, advertised price $89,988.

    36/12k
  • MichaellMichaell Moderator Posts: 262,650
    HulkJeep said:

    Can you provide MF and Residual for Velar P550 SVA for zip code 67206. MSRP $97,695, advertised price $89,988.

    36/12k

    .00147 and 50%
    Same program for both 33/12 and 36/12

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  • HulkJeepHulkJeep Member Posts: 2
    Michaell said:

    HulkJeep said:

    Can you provide MF and Residual for Velar P550 SVA for zip code 67206. MSRP $97,695, advertised price $89,988.

    36/12k

    .00147 and 50%
    Same program for both 33/12 and 36/12
    Can you tell me how that changes for zip code 65714 and 36/10k? Thanks again!
  • kyfdxkyfdx Moderator Posts: 266,128
    HulkJeep said:

    Michaell said:

    HulkJeep said:

    Can you provide MF and Residual for Velar P550 SVA for zip code 67206. MSRP $97,695, advertised price $89,988.

    36/12k

    .00147 and 50%
    Same program for both 33/12 and 36/12
    Can you tell me how that changes for zip code 65714 and 36/10k? Thanks again!
    51% residual for 36/10

    Nationwide

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  • Verchasve254Verchasve254 Member Posts: 3
    Can you please provide MF,Residual and incentives for Range Rover Velar R Dynamic S (247 HP) for zip code 55414.

    39 months lease
    39,000 miles
  • kyfdxkyfdx Moderator Posts: 266,128

    Can you please provide MF,Residual and incentives for Range Rover Velar R Dynamic S (247 HP) for zip code 55414.

    39 months lease
    39,000 miles

    .00057 MF and 56% residual

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  • chriscuddy168chriscuddy168 Member Posts: 13
    hello, hope you're doing well. Please let me know if you can provide residual and money factor for 2020 velar 250s for 33193 - 36/12 and 36/15

    Thank you!
  • dentru26dentru26 Member Posts: 15
    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly


    39months/10k:
    2500 down/ - 677/monthly



    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?
  • MichaellMichaell Moderator Posts: 262,650

    hello, hope you're doing well. Please let me know if you can provide residual and money factor for 2020 velar 250s for 33193 - 36/12 and 36/15

    Thank you!

    36/15
    .00073 and 57%
    No incentives

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  • MichaellMichaell Moderator Posts: 262,650
    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?

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  • dentru26dentru26 Member Posts: 15
    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?
  • MichaellMichaell Moderator Posts: 262,650
    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?
    It's possible that there are purchase incentives that aren't available when you lease.

    LR dealers aren't fond of sharing numbers, based on reports from other members.

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  • drivingtrdrivingtr Member Posts: 6
    Hi Goodmorning,
    Have been following this forum, Mercedes GLE and GLC forums for a while and really appreciate your tremendous input here. I am interested in 2020 Velor P250 S. Can I get a MF and Residual for 36/39 months 7.5k/10k miles. I am looking in local dealers near 60194. Thanks.
    Also it's an end of the month so is it wise to wait for June?
    Thanks,
    Rahul
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