2021 Land Rover Defender Lease Deals and Prices

kyfdx

Ask your 2021 Defender lease questions here! Get info about prices, money factor, deals, incentives, and payments.

imfletcher

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

kyfdx

imfletcher said:

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

36/15
.00122 MF and 56% residual

imfletcher

kyfdx said:

imfletcher 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?

kyfdx

imfletcher said:

kyfdx said:

imfletcher 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%

chhatx

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

imfletcher

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?

imfletcher

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.

Michaell

imfletcher 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.

kyfdx

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/

1percent

Michaell said:

imfletcher 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.

afier33753

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

kyfdx

afier33753 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

afier33753

Are any dealers offering the 2021 Defender under MSRP?

kyfdx

afier33753 said:

Are any dealers offering the 2021 Defender under MSRP?

No info on that, sorry

Ibleedorange998

kyfdx said:

afier33753 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?

kyfdx

Ibleedorange998 said:

kyfdx said:

afier33753 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

JohnCotter

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

kyfdx

JohnCotter said:

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

No numbers, yet

smbryan22

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

Michaell

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

jjcritch

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

Thanks.

Michaell

jjcritch said:

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

Thanks.

.00122 and 55%

BVW2020

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

Michaell

BVW2020 said:

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

.00060 and 62%

s_mart119

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.

Michaell

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

s_mart119

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.

Michaell

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

mvp1287

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

Michaell

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

AlooGobi

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

kyfdx

AlooGobi said:

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

.00060 MF and 62% residual

Ibleedorange998

36/12k d110 S lease in 29690?

Michaell

Ibleedorange998 said:

36/12k d110 S lease in 29690?

.00122 and 62%

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

Msabdul23

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

Michaell

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

Elenn27

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

Michaell

Elenn27 said:

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

36/15
.00062 and 55%

AlooGobi

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

AlooGobi

northern califoria

Michaell

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

AlooGobi

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

kyfdx

AlooGobi said:

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

.00068 MF and 61% residual

H Sun

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

Thanks!

Michaell

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%

AlooGobi

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

space92

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

Thanks!

kyfdx

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

kyfdx

space92 said:

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

Thanks!

.00075 MF and 58% residual

atxbuyer

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