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

jtw1010FL

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.

Michaell

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?

jtw1010FL

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.

Michaell

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?

jtw1010FL

https://share.icloud.com/photos/0uaQ2oKczC_nZ3XJkt_s5JEyQ

jtw1010FL

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.

Michaell

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.

jtw1010FL

Michael, Thanks so much for your help!