lease question

julielawjulielaw VirginiaMember Posts: 7
edited April 2020 in Jaguar
Hello, Can you tell me the April lease numbers? looking for residual value and money factor. 39 months 15k
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  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    Hello, Can you tell me the April lease numbers? looking for residual value and money factor. 39 months 15k

    Which trim?

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  • julielawjulielaw VirginiaMember Posts: 7
    2020 Jaguar E PACE HG540 SE Wagon
  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    2020 Jaguar E PACE HG540 SE Wagon

    .00009 MF and 53% residual
    $200 dealer lease cash

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  • julielawjulielaw VirginiaMember Posts: 7
    They are offering $2k rebate. I think my payment looks a little high. $53,132 MSRP sales price $42,622.42 (after rebate). Sales tax $1,786.22 Virginia, $300 doc fee $129 title/tags I'm putting 2k down. $550/mo 39 mos 15k miles.
  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    They are offering $2k rebate. I think my payment looks a little high. $53,132 MSRP sales price $42,622.42 (after rebate). Sales tax $1,786.22 Virginia, $300 doc fee $129 title/tags I'm putting 2k down. $550/mo 39 mos 15k miles.

    Yes, the payment seems extremely high, if the sale price is accurate.

    I'll guess a giant markup to the money factor, to make up for that big discount.

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  • julielawjulielaw VirginiaMember Posts: 7
    They said the money factor is 00.110. Is that too high? I have excellent credit.
  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    They said the money factor is 00.110. Is that too high? I have excellent credit.

    .00110 vs. .00009? Yes, that is extremely high.

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  • julielawjulielaw VirginiaMember Posts: 7
    I converted to MF to APR. by multiplying it by 2400. It's 2.64% which is not terrible. They took a lot off of the front of the deal.
  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    I converted to MF to APR. by multiplying it by 2400. It's 2.64% which is not terrible. They took a lot off of the front of the deal.

    Yes, but they've marked up the rate by 2.4% APR.

    That adds about $80/mo, or $3100 over the life of the lease.

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  • julielawjulielaw VirginiaMember Posts: 7
    Can you tell me the residual value for 36 mos 15k?
  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    Can you tell me the residual value for 36 mos 15k?

    .00010 MF and 55% residual

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  • julielawjulielaw VirginiaMember Posts: 7
    Is the $2000 cash for purchase only?
  • kyfdxkyfdx Moderator Posts: 210,131
    julielaw said:

    Is the $2000 cash for purchase only?

    The $2000 is incompatible with the subvented lease program.

    If you take the Standard money factor (very high) or 3rd party bank, or purchase, then the $2000 incentive is valid.

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  • Huge_ColonHuge_Colon NJMember Posts: 4
    Anybody have the current RV & MF for a new 2019 E-Pace S in NJ
  • Huge_ColonHuge_Colon NJMember Posts: 4
    Sorry, and 2020 as well. Stay safe
  • kyfdxkyfdx Moderator Posts: 210,131
    Huge_Colon said:

    Anybody have the current RV & MF for a new 2019 E-Pace S in NJ

    No lease programs for the 2019 model

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  • kyfdxkyfdx Moderator Posts: 210,131
    Huge_Colon said:

    Sorry, and 2020 as well. Stay safe

    36/15
    .00001 MF and 53% residual
    $1550 dealer lease cash

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