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2021 Land Rover Defender Lease Deals and Prices

kyfdxkyfdx Moderator Posts: 187,316
edited December 2020 in Land Rover
Ask your 2021 Defender lease questions here! Get info about prices, money factor, deals, incentives, and payments.

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

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«134

Comments

  • imfletcherimfletcher Member Posts: 9
    looking at a 2021 Defender HSE X-Dynamic, 36 months, 12k/15k mile options. 78746.
  • kyfdxkyfdx Moderator Posts: 187,316

    looking at a 2021 Defender HSE X-Dynamic, 36 months, 12k/15k mile options. 78746.

    36/15
    .00122 MF and 56% residual

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

    Edmunds Moderator

  • imfletcherimfletcher Member Posts: 9
    kyfdx said:

    looking at a 2021 Defender HSE X-Dynamic, 36 months, 12k/15k mile options. 78746.

    36/15
    .00122 MF and 56% residual
    Thank you for the fast response! How about 36/12k?
  • kyfdxkyfdx Moderator Posts: 187,316

    kyfdx said:

    looking at a 2021 Defender HSE X-Dynamic, 36 months, 12k/15k mile options. 78746.

    36/15
    .00122 MF and 56% residual
    Thank you for the fast response! How about 36/12k?
    +2%

    Edmunds Lease Calculator
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    Edmunds Moderator

  • chhatxchhatx Member Posts: 1
    ok I'm looking at a Defender also (78704 - Austin Texas)..what does the ".00122 MF" mean? Sorry for newbie questions!
  • imfletcherimfletcher Member Posts: 9
    I could use some help here trying to understand what a dealer is doing with the lease.
    36/12k
    MSRP / Initial Cap Cost: $79,855
    "Dealer Adds": $395 (probably normal..)
    Lease End Value (58%): $46,315
    Sales tax (6.25%): $5015
    MF: 0.00205

    That feels normal (this is their opening bid)

    Here's where it gets weird for me:
    Adjusted Cap Cost: 86,503 (?)
    Total Add Cap Cost: $1,238 (?)
    Amount Due: $1,388
    Lease Payments: $1,388

    My confusion is how they are handling the tax, and its apparent increase to the total cap cost. Also whatever the heck the "total add cap cost" must be - are they hiking it up over msrp?

    I've tried various values in the LeaseHackr calculator but can't get the numbers to come out.

    I find Texas tax laws weird with leases. they charge 6.25% of total price of car, but then I guess dealer wraps it in to the cap cost?

  • imfletcherimfletcher Member Posts: 9
    edited December 2020
    chhatx said:

    ok I'm looking at a Defender also (78704 - Austin Texas)..what does the ".00122 MF" mean? Sorry for newbie questions!

    MF is the money factor, which is lease speak for interest rate. Lower is better. you can multiply by 2400 to get the APR.

    edit: your rates will be the same as what is posted above. MF: .00122, residual is 56% for 15k miles, 58% for 12k.
  • MichaellMichaell ColoradoModerator Posts: 182,293

    I could use some help here trying to understand what a dealer is doing with the lease.
    36/12k
    MSRP / Initial Cap Cost: $79,855
    "Dealer Adds": $395 (probably normal..)
    Lease End Value (58%): $46,315
    Sales tax (6.25%): $5015
    MF: 0.00205

    That feels normal (this is their opening bid)

    Here's where it gets weird for me:
    Adjusted Cap Cost: 86,503 (?)
    Total Add Cap Cost: $1,238 (?)
    Amount Due: $1,388
    Lease Payments: $1,388

    My confusion is how they are handling the tax, and its apparent increase to the total cap cost. Also whatever the heck the "total add cap cost" must be - are they hiking it up over msrp?

    I've tried various values in the LeaseHackr calculator but can't get the numbers to come out.

    I find Texas tax laws weird with leases. they charge 6.25% of total price of car, but then I guess dealer wraps it in to the cap cost?

    Yes, that's exactly what is happening; leasing in Texas is very expensive. Couple that with normal LR dealer shenanigans and you end up with quotes like yours.

    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 / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Moderator Posts: 187,316
    chhatx said:

    ok I'm looking at a Defender also (78704 - Austin Texas)..what does the ".00122 MF" mean? Sorry for newbie questions!

    https://www.edmunds.com/car-leasing/

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

    Edmunds Moderator

  • 1percent1percent Member Posts: 32
    Michaell said:

    I could use some help here trying to understand what a dealer is doing with the lease.
    36/12k
    MSRP / Initial Cap Cost: $79,855
    "Dealer Adds": $395 (probably normal..)
    Lease End Value (58%): $46,315
    Sales tax (6.25%): $5015
    MF: 0.00205

    That feels normal (this is their opening bid)

    Here's where it gets weird for me:
    Adjusted Cap Cost: 86,503 (?)
    Total Add Cap Cost: $1,238 (?)
    Amount Due: $1,388
    Lease Payments: $1,388

    My confusion is how they are handling the tax, and its apparent increase to the total cap cost. Also whatever the heck the "total add cap cost" must be - are they hiking it up over msrp?

    I've tried various values in the LeaseHackr calculator but can't get the numbers to come out.

    I find Texas tax laws weird with leases. they charge 6.25% of total price of car, but then I guess dealer wraps it in to the cap cost?

    Yes, that's exactly what is happening; leasing in Texas is very expensive. Couple that with normal LR dealer shenanigans and you end up with quotes like yours.
    It’s simple math so typically if you can’t get the numbers to come out, it’s because they are just making up their math to drive a higher monthly. Just call them out on the math after you agree on the numbers.

    The other easier way to do it is to understand the math and what a good deal is by way of payments and just give them the payments and terms.

    I’ve been told they always dump the first payment month on to profit. So I never pay that first month.
  • afier33753afier33753 Member Posts: 4
    Anyone have the 2021 Defender 110S Jan 2021 33 month lease numbers for 7500 and 10,000 miles?
  • kyfdxkyfdx Moderator Posts: 187,316

    Anyone have the 2021 Defender 110S Jan 2021 33 month lease numbers for 7500 and 10,000 miles?

    33/10
    .00122 MF and 68% residual

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

    Edmunds Moderator

  • afier33753afier33753 Member Posts: 4
    edited January 22
    Are any dealers offering the 2021 Defender under MSRP?
  • kyfdxkyfdx Moderator Posts: 187,316

    Are any dealers offering the 2021 Defender under MSRP?

    No info on that, sorry

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

    Edmunds Moderator

  • Ibleedorange998Ibleedorange998 29690Member Posts: 15
    kyfdx said:

    Anyone have the 2021 Defender 110S Jan 2021 33 month lease numbers for 7500 and 10,000 miles?

    33/10
    .00122 MF and 68% residual
    Same figures for 29690?
  • kyfdxkyfdx Moderator Posts: 187,316

    kyfdx said:

    Anyone have the 2021 Defender 110S Jan 2021 33 month lease numbers for 7500 and 10,000 miles?

    33/10
    .00122 MF and 68% residual
    Same figures for 29690?
    Land Rover programs are national

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

    Edmunds Moderator

  • JohnCotterJohnCotter NORTH CAROLINAMember Posts: 1
    Hi, any lease numbers on the Defender 90 available? Looking at S model. 36 months / 10K. Thanks!
  • kyfdxkyfdx Moderator Posts: 187,316

    Hi, any lease numbers on the Defender 90 available? Looking at S model. 36 months / 10K. Thanks!

    No numbers, yet

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

    Edmunds Moderator

  • smbryan22smbryan22 Member Posts: 5
    Hi. looking for the MF and RV for a 110 X Dynamic SE in 03103 zipcode. 36/12 option.
  • MichaellMichaell ColoradoModerator Posts: 182,293
    smbryan22 said:

    Hi. looking for the MF and RV for a 110 X Dynamic SE in 03103 zipcode. 36/12 option.

    .00075 and 57%
    No incentives

    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 / 2014 MINI Countryman S ALL4

  • jjcritchjjcritch 48084Member Posts: 5
    Hi, looking for numbers on a 2021 Defender SE - 39/15,000. Zip 48084

    Thanks.
  • MichaellMichaell ColoradoModerator Posts: 182,293
    jjcritch said:

    Hi, looking for numbers on a 2021 Defender SE - 39/15,000. Zip 48084

    Thanks.

    .00122 and 55%

    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 / 2014 MINI Countryman S ALL4

  • BVW2020BVW2020 Member Posts: 5
    Hi, can you please provide numbers for Defender xDynamic HSE. 33/10k miles. 11946. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 182,293
    BVW2020 said:

    Hi, can you please provide numbers for Defender xDynamic HSE. 33/10k miles. 11946. Thanks!

    .00060 and 62%

    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 / 2014 MINI Countryman S ALL4

  • s_mart119s_mart119 Member Posts: 3
    It looks like the Defender 90s are available in the payment calculator on the Land Rover website. Any chance you have MF and Residual? 2021 Defender 90 X-Dynamic, 10K, 33 and 36 if you have it.
  • MichaellMichaell ColoradoModerator Posts: 182,293
    s_mart119 said:

    It looks like the Defender 90s are available in the payment calculator on the Land Rover website. Any chance you have MF and Residual? 2021 Defender 90 X-Dynamic, 10K, 33 and 36 if you have it.

    The only 90 trims I have info for are the base and First Edition

    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 / 2014 MINI Countryman S ALL4

  • s_mart119s_mart119 Member Posts: 3
    Michaell said:

    s_mart119 said:

    It looks like the Defender 90s are available in the payment calculator on the Land Rover website. Any chance you have MF and Residual? 2021 Defender 90 X-Dynamic, 10K, 33 and 36 if you have it.

    The only 90 trims I have info for are the base and First Edition
    What are those looking like? Just to have a point of reference at least.
  • MichaellMichaell ColoradoModerator Posts: 182,293
    s_mart119 said:

    Michaell said:

    s_mart119 said:

    It looks like the Defender 90s are available in the payment calculator on the Land Rover website. Any chance you have MF and Residual? 2021 Defender 90 X-Dynamic, 10K, 33 and 36 if you have it.

    The only 90 trims I have info for are the base and First Edition
    What are those looking like? Just to have a point of reference at least.
    Whoops - opened up the "base" info and found the X-Dynamic trim

    .00122 and 63% / 58% for 33/36 and 10K

    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 / 2014 MINI Countryman S ALL4

  • mvp1287mvp1287 Member Posts: 5
    What are a Defender 110 Base and S looking like for 36month 12k and 15k/year in 06001?
  • MichaellMichaell ColoradoModerator Posts: 182,293
    mvp1287 said:

    What are a Defender 110 Base and S looking like for 36month 12k and 15k/year in 06001?

    36/15
    .00122 and 63% / 60% for Base / S

    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 / 2014 MINI Countryman S ALL4

  • AlooGobiAlooGobi Member Posts: 13
    2021 X Dynamic HSE. 33/10 95030 mf/residual please
  • kyfdxkyfdx Moderator Posts: 187,316
    AlooGobi said:

    2021 X Dynamic HSE. 33/10 95030 mf/residual please

    .00060 MF and 62% residual

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

    Edmunds Moderator

  • Ibleedorange998Ibleedorange998 29690Member Posts: 15
    36/12k d110 S lease in 29690?
  • MichaellMichaell ColoradoModerator Posts: 182,293

    36/12k d110 S lease in 29690?

    .00122 and 62%

    33/12 is much better - .00122 and 67%

    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 / 2014 MINI Countryman S ALL4

  • Msabdul23Msabdul23 Illinois Member Posts: 6
    Hi, looking for numbers on a 2021 Defender S and SE - 33/15,000. Zip 60467
  • MichaellMichaell ColoradoModerator Posts: 182,293
    Msabdul23 said:

    Hi, looking for numbers on a 2021 Defender S and SE - 33/15,000. Zip 60467

    .00122 and 65% / 61% for S / SE

    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 / 2014 MINI Countryman S ALL4

  • Elenn27Elenn27 Member Posts: 1
    Hi, 2021 xdynamic hse 36/15k(or whatever the best term length is with 15k), 80202. Thanks!
  • MichaellMichaell ColoradoModerator Posts: 182,293
    Elenn27 said:

    Hi, 2021 xdynamic hse 36/15k(or whatever the best term length is with 15k), 80202. Thanks!

    36/15
    .00062 and 55%

    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 / 2014 MINI Countryman S ALL4

  • AlooGobiAlooGobi Member Posts: 13
    looking for 2021 SE 33/36 10k miles. MF/Residual and any incentives
  • AlooGobiAlooGobi Member Posts: 13
    northern califoria
  • MichaellMichaell ColoradoModerator Posts: 182,293
    AlooGobi said:

    looking for 2021 SE 33/36 10k miles. MF/Residual and any incentives

    AlooGobi said:

    northern califoria

    .00122 and 64% / 60% for 33/36 and 10K
    No incentives

    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 / 2014 MINI Countryman S ALL4

  • AlooGobiAlooGobi Member Posts: 13
    what are the rates for 2021 110X 33/10 in 95030
  • kyfdxkyfdx Moderator Posts: 187,316
    AlooGobi said:

    what are the rates for 2021 110X 33/10 in 95030

    .00068 MF and 61% residual

    Edmunds Lease Calculator
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    Edmunds Moderator

  • H SunH Sun Member Posts: 18
    Looking for MF and Residual for 33/12k (i assume it's the best deal?)
    110 S
    91320

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 182,293
    H Sun said:

    Looking for MF and Residual for 33/12k (i assume it's the best deal?)
    110 S
    91320

    Thanks!

    .00122 and 67%

    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 / 2014 MINI Countryman S ALL4

  • AlooGobiAlooGobi Member Posts: 13
    kyfdx said:

    AlooGobi said:

    what are the rates for 2021 110X 33/10 in 95030

    .00068 MF and 61% residual
    can you also give me the term for 36/10. want to compare what is a better option
  • space92space92 New YorkMember Posts: 1
    Looking for MF and Residual on 2021 Defender 110 X-Dynamic SE
    36/10k
    Zip 10701

    Thanks!
  • kyfdxkyfdx Moderator Posts: 187,316
    AlooGobi said:

    kyfdx said:

    AlooGobi said:

    what are the rates for 2021 110X 33/10 in 95030

    .00068 MF and 61% residual
    can you also give me the term for 36/10. want to compare what is a better option
    .00069 MF and 57% residual

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

    Edmunds Moderator

  • kyfdxkyfdx Moderator Posts: 187,316
    space92 said:

    Looking for MF and Residual on 2021 Defender 110 X-Dynamic SE
    36/10k
    Zip 10701

    Thanks!

    .00075 MF and 58% residual

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

    Edmunds Moderator

  • atxbuyeratxbuyer Member Posts: 1
    Looking at a 21 X Dynamic HSE, 36/39 mo 12k miles, MF and Residual - 73301 Zip, Thank you!
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