Range rover velar p250 r-dynamic loaner car lease deal

Hey guys. I’m from Long island, NY (11040) and was just quoted a lease for a 2020 range rover velar p250 r-dynamic lease and was wondering if it was a good deal and if you guys think there is any wiggle room to negotiate pricing. This is a loaner car with already 3200 miles on it.
MSRP-67079.00
Selling price: 59718
Mileage: 10k/36
Monthly payment: 688.29
Acquisition fee: 895.00
fees and insurance: 157.50
upfront taxes: 2220.80
0 down payment
Edmunds money factor: .00001 and 56% residual
The dealer however quoted me a money factor of .00041 so I don’t know where that discrepancy is coming from and is it something I can negotiate with them in regards to the money factor??
Total cash required on delivery: 3961.59
MSRP-67079.00
Selling price: 59718
Mileage: 10k/36
Monthly payment: 688.29
Acquisition fee: 895.00
fees and insurance: 157.50
upfront taxes: 2220.80
0 down payment
Edmunds money factor: .00001 and 56% residual
The dealer however quoted me a money factor of .00041 so I don’t know where that discrepancy is coming from and is it something I can negotiate with them in regards to the money factor??
Total cash required on delivery: 3961.59
0
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Comments
There is also a $1350 incentive available on this model.
The dealer is marking up the MF for extra profit; insist on the base rate, or shop elsewhere (however, this is a pretty common tactic for most LR dealers, so you may want to consider a different brand).
Also, ask for the itemization of the up front cash.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
688.29- 1st month payment
895-acquisition fee
157.5-fees and insurance (75-doc fee, 10.00-inspection, 60.00-license, 12.50-tire fee (is that even a legitimate fee to charge on??) )
2220.80-upfront taxes (83.66-cap cost red tax at 8.625%, 2137.14-upfront tax at 8.625%)
Total altogether upfront they're asking-3961.59
I used the leashacker calculator with the actual money factor and the utilization of the incentive, this is what i was getting:
leasehackr.com/calculator?make=Land_Rover&miles=10000&msd=0&msrp=67079&sales_price=59718&months=36&mf=.00001&dp=0&dealer_fee=157.5&acq_fee=895&taxed_inc=0&untaxed_inc=1350&rebate=0&resP=56®_fee=0&sales_tax=8.625&demo_mileage=0&memo=Loaner%202020%20Range%20rover%20velar%20p250%20R-dynamic%20S%20with%203200%20miles&acqFee_check=true&totalLeaseTax_radio=true
Am I placing the numbers wrong in here somewhere to get such a big difference in the lease payments here? Cause if not, I'd obviously love to use these numbers to negotiate with the dealer. Thanks for all the help.
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Thanks
One man's opinion, but still....
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2020 Evoque discussion
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
12k miles per year; 36 months
$1275 dealer lease cash
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige