Can anyone give me the residual and money factor for a 2019 Range Rover Sport HSE SC Dynamic

jtw1010FLjtw1010FL FLMember Posts: 5
edited August 2019 in Land Rover
I am in zip code 33130. They quoted me the following. MSRP: $87,006 with a sale price at $83,325. $3k down $1328 a month inclusive of taxes for 10,000 miles a year. $5k down $1,266 a month for 10,000 miles a year. Really only need 7,500 miles a year. Thanks in advance.
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  • MichaellMichaell ColoradoModerator Posts: 209,774
    jtw1010FL said:

    I am in zip code 33130. They quoted me the following. MSRP: $87,006 with a sale price at $83,325. $3k down $1328 a month inclusive of taxes for 10,000 miles a year. $5k down $1,266 a month for 10,000 miles a year. Really only need 7,500 miles a year. Thanks in advance.

    What lease term?

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  • jtw1010FLjtw1010FL FLMember Posts: 5
    36 months. Thanks for the quick response. I’d do 39 months if that would get a better deal. Also open to 5,000 or 7,500 miles annually. Thanks I’m advance.
  • MichaellMichaell ColoradoModerator Posts: 209,774
    jtw1010FL said:

    I am in zip code 33130. They quoted me the following. MSRP: $87,006 with a sale price at $83,325. $3k down $1328 a month inclusive of taxes for 10,000 miles a year. $5k down $1,266 a month for 10,000 miles a year. Really only need 7,500 miles a year. Thanks in advance.

    jtw1010FL said:

    36 months. Thanks for the quick response. I’d do 39 months if that would get a better deal. Also open to 5,000 or 7,500 miles annually. Thanks I’m advance.

    36/7.5K - .00157 and 60%
    39/7.5K - .00158 and 57%

    Add 1% for 5K, subtract 1% for 10K

    What is the itemization of the $3000 up front?

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  • jtw1010FLjtw1010FL FLMember Posts: 5
    Not sure if the link works for you. It’s just itemized as cash. I just feel like the payment is too high and should be closer to the $1100 range. Is that crazy? Also, he has the agreed on value as $85 and change and there is supposedly a $2k cash rebate.
  • MichaellMichaell ColoradoModerator Posts: 209,774
    jtw1010FL said:

    Not sure if the link works for you. It’s just itemized as cash. I just feel like the payment is too high and should be closer to the $1100 range. Is that crazy? Also, he has the agreed on value as $85 and change and there is supposedly a $2k cash rebate.

    I get $1174/mo with those numbers

    My guess is that the MF is marked up. Tell them no deal, unless you get the base MF.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jtw1010FLjtw1010FL FLMember Posts: 5
    Michael, Thanks so much for your help!
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