2021 Range Rover Sport HSE Silver Package

MK913MK913 Member Posts: 8
edited December 2020 in Land Rover
Can you please provide thoughts on quote below:
2021 Range Rover Sport HSE Silver Package

28405 zip code
33 moths/5k miles
$5,995 total due at signing, plus 32 more monthly payments of $988.36/month.
This quote includes NC sales tax, dealer doc fee, NC DMV fees, lease acquisition fee
$86,780 - MSRP
<$1,000 - less discount
63% - residual value (=$54,671.40)
2.112% - Money Factor

Comments

  • kyfdxkyfdx Moderator Posts: 187,926
    MK913 said:

    Can you please provide thoughts on quote below:
    2021 Range Rover Sport HSE Silver Package

    28405 zip code
    33 moths/5k miles
    $5,995 total due at signing, plus 32 more monthly payments of $988.36/month.
    This quote includes NC sales tax, dealer doc fee, NC DMV fees, lease acquisition fee
    $86,780 - MSRP
    <$1,000 - less discount
    63% - residual value (=$54,671.40)
    2.112% - Money Factor</p>

    Money factor isn't a percentage. Did they give you the actual MF number?

    Is it MHEV, PHEV or Diesel?

    Do you have the adjusted CAP cost?

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  • MK913MK913 Member Posts: 8
    he money factor as a decimal point will be .00088

    $28.79 - monthly sales tax charge (rolled into payment)
    $595 - dealer doc fee
    $95 - NC DMV fees
    $895 - Chase Bank acquisition fee
    $82,358.36 - adjusted cap cost
  • kyfdxkyfdx Moderator Posts: 187,926
    MK913 said:

    he money factor as a decimal point will be .00088

    $28.79 - monthly sales tax charge (rolled into payment)
    $595 - dealer doc fee
    $95 - NC DMV fees
    $895 - Chase Bank acquisition fee
    $82,358.36 - adjusted cap cost

    MHEV, PHEV or Diesel?

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

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  • MK913MK913 Member Posts: 8
    mhev
  • kyfdxkyfdx Moderator Posts: 187,926
    MK913 said:

    mhev

    33/5
    .00068 MF and 63% residual

    With your adjusted CAP and MF, $960/mo.+tax, which seems to match your quoted payment

    The marked up money factor adds about $28/mo. to your payment. (effectively negating the $1000 discount)

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