Calling Los Angeles-based car shoppers: Have you recently traded in (or plan to trade in) a car with negative equity (i.e. the amount you owe on your auto loan is greater than the car's value)? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 11/6 for details.

My First Lease

Phoenix190604Phoenix190604 Member Posts: 3
edited November 2020 in Land Rover
I am looking to lease a Range Velar looking for leverage in the negotiating. I have a JLR private offer for 10% off MSRP. What is the MF and Residual value for Velar R Dynamic 27407 and any other advice would be welcome.

Comments

  • kyfdxkyfdx Moderator Posts: 250,547

    I am looking to lease a Range Velar looking for leverage in the negotiating. I have a JLR private offer for 10% off MSRP. What is the MF and Residual value for Velar R Dynamic 27407 and any other advice would be welcome.

    R Dynamic S?

    250 or 340?

    What term and mileage allowance?

    2020 or 2021?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Phoenix190604Phoenix190604 Member Posts: 3
    250 36 Months 2020 12k mileage
  • MichaellMichaell Moderator Posts: 249,844

    I am looking to lease a Range Velar looking for leverage in the negotiating. I have a JLR private offer for 10% off MSRP. What is the MF and Residual value for Velar R Dynamic 27407 and any other advice would be welcome.

    250 36 Months 2020 12k mileage

    .00001 and 55%
    $1350 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • Phoenix190604Phoenix190604 Member Posts: 3
    So I purchased the lease they charged me .00101 or 2.4% for the MF and used 55% as residual.

    2020 Range Rover Velar
  • kyfdxkyfdx Moderator Posts: 250,547

    So I purchased the lease they charged me .00101 or 2.4% for the MF and used 55% as residual.

    2020 Range Rover Velar

    The money factor is marked up. The equivalent of 2.4% APR

    Adds about $100/mo. to the payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.