2021 Range Rover Sport HSE Silver Package

MK913

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

kyfdx

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?

MK913

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

kyfdx

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?

MK913

mhev

kyfdx

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)