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Discovery Sport 2015 Lease

13

Comments

  • kyfdx said:

    djeter13 said:

    Can anyone tell me money factor and residual in NY for 2016 HSE on 33/10k and 36/10k respectively. I would really appreciate it!

    .00254 MF and 67%/64% residual.
    So if the MSRP of the vehicle is $48,600, how do i determine what my lease payment should be? I'm being quoted $685/mo on 33 month lease and out of pocket of $1,867 (includes 1st month).
  • MichaellMichaell ColoradoPosts: 114,183
    djeter13 said:

    kyfdx said:

    djeter13 said:

    Can anyone tell me money factor and residual in NY for 2016 HSE on 33/10k and 36/10k respectively. I would really appreciate it!

    .00254 MF and 67%/64% residual.
    So if the MSRP of the vehicle is $48,600, how do i determine what my lease payment should be? I'm being quoted $685/mo on 33 month lease and out of pocket of $1,867 (includes 1st month).
    We need to know the selling price - or, better yet, the net cap cost - in order to model a payment.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • What are the current numbers for an HSE LUX, MSRP $52845? 24month/12k; 33/12k; 24/15k; 33/15k?

    Thank you
  • Michaell said:

    djeter13 said:

    kyfdx said:

    djeter13 said:

    Can anyone tell me money factor and residual in NY for 2016 HSE on 33/10k and 36/10k respectively. I would really appreciate it!

    .00254 MF and 67%/64% residual.
    So if the MSRP of the vehicle is $48,600, how do i determine what my lease payment should be? I'm being quoted $685/mo on 33 month lease and out of pocket of $1,867 (includes 1st month).
    We need to know the selling price - or, better yet, the net cap cost - in order to model a payment.
    The net cap cost is $48,795 (so a hair above MSRP of $48,603 - should that be the case?). $1,867 out of pocket (includes first month) and showing a monthly payment of $685 on 33 month lease. Let me know if that is fair, or where there should be room...thanks!
  • MichaellMichaell ColoradoPosts: 114,183
    djeter13 said:

    Michaell said:

    djeter13 said:

    kyfdx said:

    djeter13 said:

    Can anyone tell me money factor and residual in NY for 2016 HSE on 33/10k and 36/10k respectively. I would really appreciate it!

    .00254 MF and 67%/64% residual.
    So if the MSRP of the vehicle is $48,600, how do i determine what my lease payment should be? I'm being quoted $685/mo on 33 month lease and out of pocket of $1,867 (includes 1st month).
    We need to know the selling price - or, better yet, the net cap cost - in order to model a payment.
    The net cap cost is $48,795 (so a hair above MSRP of $48,603 - should that be the case?). $1,867 out of pocket (includes first month) and showing a monthly payment of $685 on 33 month lease. Let me know if that is fair, or where there should be room...thanks!
    Usually, the net cap is lower than the MSRP, to reflect the discount on the selling price from sticker. It is possible, however, that taxes and fees are being added into that discounted price, thus bringing the net cap to a number higher than MSRP.

    Under this scenario, and using your prices, I get $699/mo, so a bit higher than the dealer quote.

    I'd get the net cap cost broken down to see all the numbers.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 114,183
    dantrium said:

    What are the current numbers for an HSE LUX, MSRP $52845? 24month/12k; 33/12k; 24/15k; 33/15k?

    Thank you

    24/15 - 59% and .00111

    33/15 - 55% and .00040

    Add 2% for 12K

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    djeter13 said:

    Michaell said:

    djeter13 said:

    kyfdx said:

    djeter13 said:

    Can anyone tell me money factor and residual in NY for 2016 HSE on 33/10k and 36/10k respectively. I would really appreciate it!

    .00254 MF and 67%/64% residual.
    So if the MSRP of the vehicle is $48,600, how do i determine what my lease payment should be? I'm being quoted $685/mo on 33 month lease and out of pocket of $1,867 (includes 1st month).
    We need to know the selling price - or, better yet, the net cap cost - in order to model a payment.
    The net cap cost is $48,795 (so a hair above MSRP of $48,603 - should that be the case?). $1,867 out of pocket (includes first month) and showing a monthly payment of $685 on 33 month lease. Let me know if that is fair, or where there should be room...thanks!
    Usually, the net cap is lower than the MSRP, to reflect the discount on the selling price from sticker. It is possible, however, that taxes and fees are being added into that discounted price, thus bringing the net cap to a number higher than MSRP.

    Under this scenario, and using your prices, I get $699/mo, so a bit higher than the dealer quote.

    I'd get the net cap cost broken down to see all the numbers.
    Thanks Michael. here is the breakdown i have...
    Selling Price: $46,739.50
    DOC Fee: $75
    Acquisition Fee: $795
    Cap Taxes:$2,055.19
    Gross Cap Cost: $46,739.50
    Net Cap Cost: $48,794.69

    Elsewhere on the sheet it says Advanced Payment: $685 and Upfront Charges:$1,182.50 and Due on Delivery:$1,867.50

    Does that give you everything you need? thanks again, amazing how there is such a strong community of people willing to lend their time and expertise to help total strangers out with a stressful process.
  • MichaellMichaell ColoradoPosts: 114,183
    djeter13 said:

    Michaell said:

    djeter13 said:

    Michaell said:

    djeter13 said:

    kyfdx said:

    djeter13 said:

    Can anyone tell me money factor and residual in NY for 2016 HSE on 33/10k and 36/10k respectively. I would really appreciate it!

    .00254 MF and 67%/64% residual.
    So if the MSRP of the vehicle is $48,600, how do i determine what my lease payment should be? I'm being quoted $685/mo on 33 month lease and out of pocket of $1,867 (includes 1st month).
    We need to know the selling price - or, better yet, the net cap cost - in order to model a payment.
    The net cap cost is $48,795 (so a hair above MSRP of $48,603 - should that be the case?). $1,867 out of pocket (includes first month) and showing a monthly payment of $685 on 33 month lease. Let me know if that is fair, or where there should be room...thanks!
    Usually, the net cap is lower than the MSRP, to reflect the discount on the selling price from sticker. It is possible, however, that taxes and fees are being added into that discounted price, thus bringing the net cap to a number higher than MSRP.

    Under this scenario, and using your prices, I get $699/mo, so a bit higher than the dealer quote.

    I'd get the net cap cost broken down to see all the numbers.
    Thanks Michael. here is the breakdown i have...
    Selling Price: $46,739.50
    DOC Fee: $75
    Acquisition Fee: $795
    Cap Taxes:$2,055.19
    Gross Cap Cost: $46,739.50
    Net Cap Cost: $48,794.69

    Elsewhere on the sheet it says Advanced Payment: $685 and Upfront Charges:$1,182.50 and Due on Delivery:$1,867.50

    Does that give you everything you need? thanks again, amazing how there is such a strong community of people willing to lend their time and expertise to help total strangers out with a stressful process.
    Nothing jumps out at me - NY collects the taxes on a lease up front; that's the $2055.19 you list. Acquisition and doc fees are in line, as well.

    Just need to get a bigger discount from sticker, it looks like.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I live in Chicago and I'm looking to lease DS HSE, 33/10 or 42/10. Does Land Rover accept multiple security deposits? Also, I'm having a hard time figuring out how the city and state taxes play into the payment. Thanks!
  • MichaellMichaell ColoradoPosts: 114,183

    I live in Chicago and I'm looking to lease DS HSE, 33/10 or 42/10. Does Land Rover accept multiple security deposits? Also, I'm having a hard time figuring out how the city and state taxes play into the payment. Thanks!

    No MSD program for Land Rover that I'm aware of.

    I believe that IL calculates the entire tax for the lease up front; you can either pay it at lease signing or add the taxes into the cap cost.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Trying to figure out what type of incentive and MF is offered on the current Discovery Sport HSE lease deal. Details provided here and reproduced below:

    Land Rover 2016 Discovery Sport HSE
    Lease Term: 39 mo
    Lease Pyt: $439/mo
    Downpayment: $3,056 (note removed $439, first mo. pyt)
    Miles: 8,333/mo
    MSRP: $42,950
    Dest fee included in deposit
    MF: ??
    Residual: $26,629 (62%)
    Incentive: ?? (if 58% per above posts, $30,888)

    If I use a MF of 0.0026 (from some of posts above), I think the incentive is $5,210 ($133.59/mo). Is that right?
  • MichaellMichaell ColoradoPosts: 114,183

    Trying to figure out what type of incentive and MF is offered on the current Discovery Sport HSE lease deal. Details provided here and reproduced below:

    Land Rover 2016 Discovery Sport HSE
    Lease Term: 39 mo
    Lease Pyt: $439/mo
    Downpayment: $3,056 (note removed $439, first mo. pyt)
    Miles: 8,333/mo
    MSRP: $42,950
    Dest fee included in deposit
    MF: ??
    Residual: $26,629 (62%)
    Incentive: ?? (if 58% per above posts, $30,888)

    If I use a MF of 0.0026 (from some of posts above), I think the incentive is $5,210 ($133.59/mo). Is that right?

    39/10 lease numbers for Discovery Sport HSE - 62% and .00254.

    I don't have LR incentive information.

    Would need to know the selling price and breakdown of the down payment to fully comment on your quote.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • @Michaell, selling price is listed ($42,950), $3,495 downpayment is broken down as follows:
    • $2,261 down
    • $0 security deposit
    • $795 acquisition fee
    • first month's payment ($439)
    • excludes retailer fees, taxes, title and registration fees
  • MichaellMichaell ColoradoPosts: 114,183

    @Michaell, selling price is listed ($42,950), $3,495 downpayment is broken down as follows:

    • $2,261 down
    • $0 security deposit
    • $795 acquisition fee
    • first month's payment ($439)
    • excludes retailer fees, taxes, title and registration fees
    Is this a regional offer and not a specific dealer quote?

    We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • @michaell it should be a national offer, based on this link. Understood on the downpayment.
  • MichaellMichaell ColoradoPosts: 114,183

    @michaell it should be a national offer, based on this link. Understood on the downpayment.

    OK, but still an advertised offer. You should be able to beat that with some decent negotiations on the selling price.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi looking for pricing for the Discovery Sport HSE MSRP $51,841

    Lease
    24 months, 7500 miles or 10k
    33 months, 7500 miles or 10k
    36 months, 7500 miles or 10k
    39 months, 7500 miles or 10k

    Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 122,996
    andreakm said:

    Hi looking for pricing for the Discovery Sport HSE MSRP $51,841

    Lease
    24 months, 7500 miles or 10k
    33 months, 7500 miles or 10k
    36 months, 7500 miles or 10k
    39 months, 7500 miles or 10k

    Thanks!

    33/10: .00021 MF and 59% residual
    36/10: .00034 MF and 56% residual
    39/10: .00048 MF and 56% residual

    Add 1% for 7.5K/yr

    24 month numbers are not competitive

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

    Edmunds Moderator

  • Thank you!
  • Is this for a 2016, or a 2015? And is it really .00021/.00034/.00048?
  • kyfdxkyfdx Everywhere, USAPosts: 122,996
    andreakm said:

    Is this for a 2016, or a 2015? And is it really .00021/.00034/.00048?

    2015.. just like the title of the discussion

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

    Edmunds Moderator

  • is there a post for the 2016 MF? or if its available? looking for 24/10k or 36/10k (really don't want to deal with getting a car in summer with the 33 month thing unless the number makes sense)

    Thanks in advance
  • MichaellMichaell ColoradoPosts: 114,183
    khc10005 said:

    is there a post for the 2016 MF? or if its available? looking for 24/10k or 36/10k (really don't want to deal with getting a car in summer with the 33 month thing unless the number makes sense)

    Thanks in advance

    2016 numbers are available ... what trim level?

    BTW, 24 month MF is horrible this month ... 36 months is .00254 regardless of trim.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • wawaskaiwawaskai LA, CAPosts: 5
    Hi There,

    Two questions.
    1. What's the difference between 15' and 16'? Can't seem to find that info anywhere. The MF of 16's 0.00254 is bad compare with the 15's 0.000x range. Is it still worth getting the 16'?

    2. I am looking at a Discovery Sport HSE Luxury, MSRP $47,970, what would be its MF and Residual? 36mth, 10/12K. Any additional incentives?

    Thanks so much for the help.
  • kyfdxkyfdx Everywhere, USAPosts: 122,996
    sukaiii said:

    Hi There,

    Two questions.
    1. What's the difference between 15' and 16'? Can't seem to find that info anywhere. The MF of 16's 0.00254 is bad compare with the 15's 0.000x range. Is it still worth getting the 16'?

    2. I am looking at a Discovery Sport HSE Luxury, MSRP $47,970, what would be its MF and Residual? 36mth, 10/12K. Any additional incentives?

    Thanks so much for the help.

    1) Can't help you with model year changes

    2) .00048 MF and 53% residual for 39mo, 12K/yr is the best term.

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

    Edmunds Moderator

  • Michaell said:

    khc10005 said:

    is there a post for the 2016 MF? or if its available? looking for 24/10k or 36/10k (really don't want to deal with getting a car in summer with the 33 month thing unless the number makes sense)

    Thanks in advance

    2016 numbers are available ... what trim level?

    BTW, 24 month MF is horrible this month ... 36 months is .00254 regardless of trim.
    Thanks, I am shopping for a 15/16 HSE (depends if the engine change is significant) thanks for the numbers, going to hopefully get into one this Saturday, and the residual is?

    Is the 33 months that much better in terms on the MF and residual?
  • MichaellMichaell ColoradoPosts: 114,183
    khc10005 said:

    Michaell said:

    khc10005 said:

    is there a post for the 2016 MF? or if its available? looking for 24/10k or 36/10k (really don't want to deal with getting a car in summer with the 33 month thing unless the number makes sense)

    Thanks in advance

    2016 numbers are available ... what trim level?

    BTW, 24 month MF is horrible this month ... 36 months is .00254 regardless of trim.
    Thanks, I am shopping for a 15/16 HSE (depends if the engine change is significant) thanks for the numbers, going to hopefully get into one this Saturday, and the residual is?

    Is the 33 months that much better in terms on the MF and residual?
    Discovery Sport HSE

    2015
    24/10 - 62% and .00087
    33/10 - 59% and .00021
    36/10 - 56% and .00034

    2016
    24/10 - 68% and .00378
    33/10 - 65% and .00254
    36/10 - 62% and .00254
    39/10 - 62% and .00254 (best deal)

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I am trying to use the advertised number and to figure out aside from the lease cash what else can be factored into incentives

    The dealer that I went to basically tried to lease it to me at msrp, I told them no thanks and they didn't want to give me numbers over email either, while they were being nice about it I felt it was more a way to make sure their clients are not informed on pricing so maximize profit

  • khc10005khc10005 Posts: 26
    edited November 2015
    Capitalized Cost: $ 43153.00 45845.00 MSRP minus discount
    Lease Price: $ 42153.00 minus $ 1000.00 down payment
    Residual Value: $ 28423.90 after 36 months
    Depreciation Fee: $ 381.36 part of lease payment
    Lease Fee: $ 179.09 part of lease payment
    Monthly Payment: $ 560.45 without tax
    Usage Tax: $ 49.74 8.88 % of 13729.10
    Total Monthly Payment: $ 610.19 What you pay



    I tried to offered the above number. for the HSE with drive assist and climate package, was I lowballing the dealer or was it a reasonable offer?

    the 1k down is from the holiday bonus lease cash
  • MichaellMichaell ColoradoPosts: 114,183
    edited November 2015
    khc10005 said:

    Capitalized Cost: $ 43153.00 45845.00 MSRP minus discount
    Lease Price: $ 42153.00 minus $ 1000.00 down payment
    Residual Value: $ 28423.90 after 36 months
    Depreciation Fee: $ 381.36 part of lease payment
    Lease Fee: $ 179.09 part of lease payment
    Monthly Payment: $ 560.45 without tax
    Usage Tax: $ 49.74 8.88 % of 13729.10
    Total Monthly Payment: $ 610.19 What you pay

    I tried to offered the above number. for the HSE with drive assist and climate package, was I lowballing the dealer or was it a reasonable offer?

    the 1k down is from the holiday bonus lease cash

    How did you come up with the lease price?

    $610/mo seems expensive for a $46K luxury SUV. But, these are new and may not lease well initially.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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