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2018 Land Rover Range Rover Velar Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 236,760

    Hello Everyone! Looking at a lease on a 2018 RR Velar R-Dynamic SE P380 6cyl. Pretty much fully loaded. Need help in determining if this is a good deal.

    2018 Velar R-Dynamic SE P380 6cyl Firenze Red
    MSRP: $79,119
    Selling Price: $75,500
    Incentives: $2k Conquest
    Due at signing: $4000 (including dealer fees etc)
    Months: 36
    Annual Mileage: 12K
    MF: .000416 (1%)
    Residual: 56%
    Monthly Payment: $950 (including tax)

    .00005 MF and 56% residual

    Ask for the actual money factor. Land Rover Finance doesn't quote APRs, so 1% means nothing.
    The actual money factor is very low, so it's likely your dealer is marking it up.

    What is your state? Sales tax rate?

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  • newleaser11newleaser11 Member Posts: 18
    kyfdx said:

    Hello Everyone! Looking at a lease on a 2018 RR Velar R-Dynamic SE P380 6cyl. Pretty much fully loaded. Need help in determining if this is a good deal.

    2018 Velar R-Dynamic SE P380 6cyl Firenze Red
    MSRP: $79,119
    Selling Price: $75,500
    Incentives: $2k Conquest
    Due at signing: $4000 (including dealer fees etc)
    Months: 36
    Annual Mileage: 12K
    MF: .000416 (1%)
    Residual: 56%
    Monthly Payment: $950 (including tax)

    .00005 MF and 56% residual

    Ask for the actual money factor. Land Rover Finance doesn't quote APRs, so 1% means nothing.
    The actual money factor is very low, so it's likely your dealer is marking it up.

    What is your state? Sales tax rate?
    Connecticut - 7.5% tax.
    The dealer told me the MF was in theory I'm paying only 1% interest.

    How come some people only have 3 zeros in the MF and some have 4 zeros. Whats the difference? m


  • cbarrscbarrs Member Posts: 27
    Hi guys

    Do you have april numbers on

    D180s
    D180se R-dynamic

    36/10

    for CA

    Thanks!
  • kyfdxkyfdx Moderator Posts: 236,760

    kyfdx said:

    Hello Everyone! Looking at a lease on a 2018 RR Velar R-Dynamic SE P380 6cyl. Pretty much fully loaded. Need help in determining if this is a good deal.

    2018 Velar R-Dynamic SE P380 6cyl Firenze Red
    MSRP: $79,119
    Selling Price: $75,500
    Incentives: $2k Conquest
    Due at signing: $4000 (including dealer fees etc)
    Months: 36
    Annual Mileage: 12K
    MF: .000416 (1%)
    Residual: 56%
    Monthly Payment: $950 (including tax)

    .00005 MF and 56% residual

    Ask for the actual money factor. Land Rover Finance doesn't quote APRs, so 1% means nothing.
    The actual money factor is very low, so it's likely your dealer is marking it up.

    What is your state? Sales tax rate?
    Connecticut - 7.5% tax.
    The dealer told me the MF was in theory I'm paying only 1% interest.

    How come some people only have 3 zeros in the MF and some have 4 zeros. Whats the difference? m


    The money factor isn't a theory. It's the actual number used to calculate the lease payment. And, they know what number they are using. Ask them for the actual number.

    It's a decimal. Numbers with four zeroes are lower than numbers with three zeroes.

    At 7.5% tax, your payment is $884/mo. pre-tax.
    The adjusted CAP would have to be about $74,350 to get that payment, using the marked up money factor (assuming it's about .00042.. which is a big assumption)

    That's $1150 under the sale price, assuming that price already included the $2000 conquest.
    That leaves $2850 of the initial $4000 payment to pay 1st payment, acquisition fee, DMV and dealer fees. That might not be too far off, but I'm making a lot of assumptions.

    If the MF being used is .00042, the markup is adding $48/mo. to the payment.

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  • MichaellMichaell Moderator Posts: 241,012
    cbarrs said:

    Hi guys

    Do you have april numbers on

    D180s
    D180se R-dynamic

    36/10

    for CA

    Thanks!

    D180 S - 60% and .00086
    D180 SE R-Dyn - 57% and .00017

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  • newleaser11newleaser11 Member Posts: 18
    kyfdx said:

    kyfdx said:

    Hello Everyone! Looking at a lease on a 2018 RR Velar R-Dynamic SE P380 6cyl. Pretty much fully loaded. Need help in determining if this is a good deal.

    2018 Velar R-Dynamic SE P380 6cyl Firenze Red
    MSRP: $79,119
    Selling Price: $75,500
    Incentives: $2k Conquest
    Due at signing: $4000 (including dealer fees etc)
    Months: 36
    Annual Mileage: 12K
    MF: .000416 (1%)
    Residual: 56%
    Monthly Payment: $950 (including tax)

    .00005 MF and 56% residual

    Ask for the actual money factor. Land Rover Finance doesn't quote APRs, so 1% means nothing.
    The actual money factor is very low, so it's likely your dealer is marking it up.

    What is your state? Sales tax rate?
    Connecticut - 7.5% tax.
    The dealer told me the MF was in theory I'm paying only 1% interest.

    How come some people only have 3 zeros in the MF and some have 4 zeros. Whats the difference? m


    The money factor isn't a theory. It's the actual number used to calculate the lease payment. And, they know what number they are using. Ask them for the actual number.

    It's a decimal. Numbers with four zeroes are lower than numbers with three zeroes.

    At 7.5% tax, your payment is $884/mo. pre-tax.
    The adjusted CAP would have to be about $74,350 to get that payment, using the marked up money factor (assuming it's about .00042.. which is a big assumption)

    That's $1150 under the sale price, assuming that price already included the $2000 conquest.
    That leaves $2850 of the initial $4000 payment to pay 1st payment, acquisition fee, DMV and dealer fees. That might not be too far off, but I'm making a lot of assumptions.

    If the MF being used is .00042, the markup is adding $48/mo. to the payment.

    Here you go.


  • kyfdxkyfdx Moderator Posts: 236,760
    @newleaser11

    Okay... .00035 MF.
    That markup adds about $38/mo. to the payment.
    The calculations are exact.

    One question.. Are you paying $2000 upfront? Or, $4000 upfront?

    I see $4000 cash
    + $2000 rebate

    $6000 broken down into:

    $1349.29 applied upfront
    $2650.71 total cap reduction
    $2000 cash back (cash back where? where is this money going?)

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  • jduffeytxjduffeytx Member Posts: 21
    I just got this quote for a 2018 Range Rover Velar R-Dynamic HSE P380. I was hoping to take advantage of the low MF for this vehicle. But this money factor markup seems ridiculous.



    MSRP 96145
    Sales Price 93145
    Money Factor 0.00101
    Resid 56%
    Money Down 2059
    Rebate 2000 for Conquest
    Monthly Payment 1359.09
    36/10k
  • newleaser11newleaser11 Member Posts: 18
    kyfdx said:
    @newleaser11 Okay... .00035 MF. That markup adds about $38/mo. to the payment. The calculations are exact. One question.. Are you paying $2000 upfront? Or, $4000 upfront? I see $4000 cash + $2000 rebate $6000 broken down into: $1349.29 applied upfront $2650.71 total cap reduction $2000 cash back (cash back where? where is this money going?)
    Thanks for the reply.  

    $4,000 out of pocket due on delivery. It shows it on the right hand column. Yeah where is the 2k going? 
  • kyfdxkyfdx Moderator Posts: 236,760


    kyfdx said:

    @newleaser11

    Okay... .00035 MF.
    That markup adds about $38/mo. to the payment.
    The calculations are exact.

    One question.. Are you paying $2000 upfront? Or, $4000 upfront?

    I see $4000 cash
    + $2000 rebate

    $6000 broken down into:

    $1349.29 applied upfront
    $2650.71 total cap reduction
    $2000 cash back (cash back where? where is this money going?)

    Thanks for the reply.  

    $4,000 out of pocket due on delivery. It shows it on the right hand column. Yeah where is the 2k going? 

    Yeah.. if they want you to write a $4000 check at signing, then there is $2000 missing... (unless they give you a check back for it.. lol)

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  • jduffeytxjduffeytx Member Posts: 21
    I just got this quote for a 2018 Range Rover Velar R-Dynamic HSE P380. I was hoping to take advantage of the low MF for this vehicle. But this money factor markup seems ridiculous. Thoughts on how I should respond?


    MSRP 96145
    Sales Price 93145
    Money Factor 0.00101
    Resid 56%
    Money Down 2059
    Rebate 2000 for Conquest
    Monthly Payment 1359.09
    36/10k
  • MichaellMichaell Moderator Posts: 241,012
    edited April 2018
    jduffeytx said:

    I just got this quote for a 2018 Range Rover Velar R-Dynamic HSE P380. I was hoping to take advantage of the low MF for this vehicle. But this money factor markup seems ridiculous. Thoughts on how I should respond?


    MSRP 96145
    Sales Price 93145
    Money Factor 0.00101
    Resid 56%
    Money Down 2059
    Rebate 2000 for Conquest
    Monthly Payment 1359.09
    36/10k

    Be blunt - tell them you want the base MF or you walk.

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  • jduffeytxjduffeytx Member Posts: 21
    Already walked. This guy literally did not care. Must be Dallas/Ft. Worth area because I've gotten two super high MF quotes. And this is AFTER I let them know I know what the base MF of .00001.
  • MichaellMichaell Moderator Posts: 241,012
    jduffeytx said:

    Already walked. This guy literally did not care. Must be Dallas/Ft. Worth area because I've gotten two super high MF quotes. And this is AFTER I let them know I know what the base MF of .00001.

    Yeah, Range Rover dealers have a very high opinion of their products.

    You might want to consider looking at other brands.

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  • jduffeytxjduffeytx Member Posts: 21
    Another quote for 2018 Range Rover Velar R-Dynamic HSE P380 from a different dealer. Is there a different residual for a 2.0L vs. a 3.0L Velar R-Dynamic HSE P380???? Your numbers say 56% but I've gotten two 55% and one 56% quotes from dealers.

    MSRP $87,801
    Sales Price 84,511
    Money Factor 0.00051 (base is .00001)
    Residual 55% (shouldn’t this be 56%???)
    Due at signing $2,000
    Conquest cash $2,000
    Monthly Payment $1,175.05
    36/10k

  • jduffeytxjduffeytx Member Posts: 21
    edited April 2018
    kyfdx said:

    Could we get numbers for P-380 HSE R-Dynamic for 36/10 please?

    .00001 MF and 56% residual

    Would you mind double checking this for me? I've had two dealers in the DFW area tell me the R-Dynamic HSE P380 has a 55% residual for a 36/10.
  • MichaellMichaell Moderator Posts: 241,012
    jduffeytx said:

    kyfdx said:

    Could we get numbers for P-380 HSE R-Dynamic for 36/10 please?

    .00001 MF and 56% residual

    Would you mind double checking this for me? I've had two dealers in the DFW area tell me the R-Dynamic HSE P380 has a 55% residual for a 36/10.
    55% is correct for the V6 36/10

    56% is for the 2.0L HSE R-Dynamic

    Both trims have a .00001 MF

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  • jduffeytxjduffeytx Member Posts: 21
    Michaell said:

    jduffeytx said:

    kyfdx said:

    Could we get numbers for P-380 HSE R-Dynamic for 36/10 please?

    .00001 MF and 56% residual

    Would you mind double checking this for me? I've had two dealers in the DFW area tell me the R-Dynamic HSE P380 has a 55% residual for a 36/10.
    55% is correct for the V6 36/10

    56% is for the 2.0L HSE R-Dynamic

    Both trims have a .00001 MF
    Thanks. There's no such thing as a 2.0L HSE P380. All P380's are 3.0L vehicles. So the quote you gave to @chicitycody above is incorrect.
  • MichaellMichaell Moderator Posts: 241,012
    jduffeytx said:

    Michaell said:

    jduffeytx said:

    kyfdx said:

    Could we get numbers for P-380 HSE R-Dynamic for 36/10 please?

    .00001 MF and 56% residual

    Would you mind double checking this for me? I've had two dealers in the DFW area tell me the R-Dynamic HSE P380 has a 55% residual for a 36/10.
    55% is correct for the V6 36/10

    56% is for the 2.0L HSE R-Dynamic

    Both trims have a .00001 MF
    Thanks. There's no such thing as a 2.0L HSE P380. All P380's are 3.0L vehicles. So the quote you gave to @chicitycody above is incorrect.
    True. The information we have doesn't show the numbers

    "R-Dynamic HSE"
    "R-Dynamic HSE V6"

    Same with the P180 - "R-Dynamic HSE Diesel"

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  • jduffeytxjduffeytx Member Posts: 21
    Got it
    Michaell said:

    jduffeytx said:

    Michaell said:

    jduffeytx said:

    kyfdx said:

    Could we get numbers for P-380 HSE R-Dynamic for 36/10 please?

    .00001 MF and 56% residual

    Would you mind double checking this for me? I've had two dealers in the DFW area tell me the R-Dynamic HSE P380 has a 55% residual for a 36/10.
    55% is correct for the V6 36/10

    56% is for the 2.0L HSE R-Dynamic

    Both trims have a .00001 MF
    Thanks. There's no such thing as a 2.0L HSE P380. All P380's are 3.0L vehicles. So the quote you gave to @chicitycody above is incorrect.
    True. The information we have doesn't show the numbers

    "R-Dynamic HSE"
    "R-Dynamic HSE V6"

    Same with the P180 - "R-Dynamic HSE Diesel"
    Got it. Thanks for the clarification.
  • lexusonulexusonu Member Posts: 41
    Hi. Looking for MF and RV for 2018 Velar P250 SE R-Dynamic. 36/12. Florida.
    Also, what's the sweet spot ? 36 or 39 ?
    Any incentives ?
    Does LR offer MSDs ? If so, what's the max ?
    Thank you !
  • kyfdxkyfdx Moderator Posts: 236,760
    lexusonu said:

    Hi. Looking for MF and RV for 2018 Velar P250 SE R-Dynamic. 36/12. Florida.
    Also, what's the sweet spot ? 36 or 39 ?
    Any incentives ?
    Does LR offer MSDs ? If so, what's the max ?
    Thank you !

    .00017 MF and 55% residual for 36/12
    That's the best term.
    No incentives
    No MSDs

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  • lexusonulexusonu Member Posts: 41
    Hi.
    I got a quote from LR. Please see below.
    Seems like MF is inflated to 0.00057, but he wouldn't budge. Also, barely took $1375 off the sticker price
    Your thoughts on this deal please, and how much more would I be paying per month with an MF of 0.00057 versus 0.00017.
    Thank you !



  • MichaellMichaell Moderator Posts: 241,012
    lexusonu said:

    Hi.
    I got a quote from LR. Please see below.
    Seems like MF is inflated to 0.00057, but he wouldn't budge. Also, barely took $1375 off the sticker price
    Your thoughts on this deal please, and how much more would I be paying per month with an MF of 0.00057 versus 0.00017.
    Thank you !

    What lease term and how many miles per year is this quote for?

    RR dealers are allergic to discounting, and they universally believe in marking up the MF.

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  • kyfdxkyfdx Moderator Posts: 236,760
    lexusonu said:

    Hi.
    I got a quote from LR. Please see below.
    Seems like MF is inflated to 0.00057, but he wouldn't budge. Also, barely took $1375 off the sticker price
    Your thoughts on this deal please, and how much more would I be paying per month with an MF of 0.00057 versus 0.00017.
    Thank you !



    $40/mo.+tax increase, due to the money factor bump.
    About the same amount of money as the discount.

    $1120 of charges upfront, besides the 1st payment.
    What's the breakdown on that? A big dealer fee, I bet.

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  • lexusonulexusonu Member Posts: 41
    Thanks for the reply.
    36 /12 is the term.
    $895 Fees. $125 Tag. Forgot where the last $100 goes.
    Your thoughts please.
  • kyfdxkyfdx Moderator Posts: 236,760
    lexusonu said:

    Thanks for the reply.
    36 /12 is the term.
    $895 Fees. $125 Tag. Forgot where the last $100 goes.
    Your thoughts please.

    The $895 isn't part of that $1140. The $895 was rolled into the CAP cost.

    You have $1140 in charges upfront, other than the first payment.

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  • squareone90squareone90 Member Posts: 5
    Hello

    May I please have the MF and Residual 39 months 7,500 Miles in NY for

    R-Dynamic SE

    R-Dynamic HSE

    SE

    Thank You
  • kyfdxkyfdx Moderator Posts: 236,760

    Hello

    May I please have the MF and Residual 39 months 7,500 Miles in NY for

    R-Dynamic SE

    R-Dynamic HSE

    SE

    Thank You

    RDynamic SE: .00026 MF and 54% residual
    RDynamic HSE: .00012 MF and 54% residual. $1100 lease cash

    I don't see an "SE" model
    I have an "S" or an "SE V6", or the "R-Dynamic SE" above.

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  • glflameglflame Member Posts: 11
    I would appreciate some feedback on this deal that I'm being offered. I dont have all the numbers yet, but here goes.
    Velar S MSRP $69,156
    $638/month for 36 months
    $2200 out of pocket (includes all fees and NY taxes)
    7500 miles/year

    I was told the dealership(s) received more inventory than they could move and are having some deals on this car, but feels like its too good to be true. I'll be visiting them this evening to get more details.
  • kyfdxkyfdx Moderator Posts: 236,760
    glflame said:

    I would appreciate some feedback on this deal that I'm being offered. I dont have all the numbers yet, but here goes.
    Velar S MSRP $69,156
    $638/month for 36 months
    $2200 out of pocket (includes all fees and NY taxes)
    7500 miles/year

    I was told the dealership(s) received more inventory than they could move and are having some deals on this car, but feels like its too good to be true. I'll be visiting them this evening to get more details.

    .00070 MF and 59% residual for 36/7.5K

    I agree.. seems too good... But, I'd sure give them a shot at it.
    There is $2000 of conquest cash this month...

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  • mikezyxmikezyx Member Posts: 2
    What are MF/Residual for 36/12k on R-Dynamic SE Turbodiesel in 91367?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 236,760
    mikezyx said:

    What are MF/Residual for 36/12k on R-Dynamic SE Turbodiesel in 91367?

    Thanks!

    .00017 MF and 56% residual

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  • carobsessedcarobsessed Member Posts: 47
    Hello,

    Can you please provide MF and Residuals for the following trims for 36/15? Thanks in advance!

    Velar D189 S I4 Turbo Diesel 
    Velar P250 S I4 
    Velar P380 S V6


  • kyfdxkyfdx Moderator Posts: 236,760

    Hello,

    Can you please provide MF and Residuals for the following trims for 36/15? Thanks in advance!

    Velar D189 S I4 Turbo Diesel 
    Velar P250 S I4 
    Velar P380 S V6


    .00068 MF and 56% residual
    .00070 MF and 55% residual
    .00017 MF and 54% residual

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  • cr1ssiecr1ssie Member Posts: 3
    edited May 2018
    Can you tell me if this is a good deal?
    2018 velar R-dynamic 6cyl SE. msrp 76,046. 2,000 rebate for conquest. Zip is 08820
    12k miles, 36 months lease
    MF .000125
    REs 56%
    $875/month with no down. All fees and taxes distributed in the monthly
  • MichaellMichaell Moderator Posts: 241,012
    cr1ssie said:

    Can you tell me if this is a good deal?
    2018 velar R-dynamic 6cyl SE. msrp 76,046. 2,000 rebate for conquest. Zip is 08820
    12k miles, 36 months lease
    MF .000125
    REs 56%
    $875/month with no down. All fees and taxes distributed in the monthly

    MF is marked way up - base rate is .00005 for that trim.

    Any discount from sticker, beyond the conquest incentive?

    So far, not a good deal.

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  • cr1ssiecr1ssie Member Posts: 3
    They said they gave me a discount of 3500 besides the conquest discount. If that is the case what is my monthly payment should be? 
  • emilrealdealemilrealdeal Member Posts: 14
    what are the residuals/mf for D189 and P250 36m/10k
  • MichaellMichaell Moderator Posts: 241,012
    cr1ssie said:

    They said they gave me a discount of 3500 besides the conquest discount. If that is the case what is my monthly payment should be? 

    $76,046 MSRP, $70,546 selling price.

    With the .00125 MF, I get $918/mo before tax. With the base MF of .00005, the pre-tax payment drops to $782/mo.

    Big difference.

    Ask the dealer what cap cost they are using for their quote.

    And, what sales tax rate is this?

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  • MichaellMichaell Moderator Posts: 241,012

    what are the residuals/mf for D189 and P250 36m/10k

    What trim level are these?

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  • emilrealdealemilrealdeal Member Posts: 14
    S and SE trim in NYC
  • MichaellMichaell Moderator Posts: 241,012
    Michaell said:

    what are the residuals/mf for D189 and P250 36m/10k

    What trim level are these?

    S and SE trim in NYC

    P250 S - .00070 and 58%
    P189 S - .00068 and 59%

    P250 R-Dyn SE - .00017 and 56%
    P189 R-Dyn SE - .00017 and 57%

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  • antoniom3antoniom3 Member Posts: 1
    Great info here thank you!

    Looking into the Velar - does anyone have the MF and RV for the following

    D180 R-Dynamic se
    P250 R-Dynamic se

    Looking at 36mo leases with either 5k or 7500 miles depending on which one is looking better- will be purchased in MA or RI

    Reading the past comments it doesn't look like they give much of a discount- Just started looking but I'm getting about 2-3k off MSRP and a 2K conquest rebate

    Thanks in advance

  • emilrealdealemilrealdeal Member Posts: 14
    Is it correct that the interest rate on the DYnamic models is 0.4% when converting?
  • MichaellMichaell Moderator Posts: 241,012

    Is it correct that the interest rate on the DYnamic models is 0.4% when converting?

    That is correct.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell Moderator Posts: 241,012
    antoniom3 said:

    Great info here thank you!

    Looking into the Velar - does anyone have the MF and RV for the following

    D180 R-Dynamic se
    P250 R-Dynamic se

    Looking at 36mo leases with either 5k or 7500 miles depending on which one is looking better- will be purchased in MA or RI

    Reading the past comments it doesn't look like they give much of a discount- Just started looking but I'm getting about 2-3k off MSRP and a 2K conquest rebate

    Thanks in advance

    Land Rover dealers are allergic to discounting, though a friend of mine bought (not leased) a Discovery a few months ago and got about 5-6% off the MSRP. So, it is possible

    P250 R-Dyn SE - .00017 and 58% / 57%
    P189 R-Dyn SE - .00017 and 59% / 58%

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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • emilrealdealemilrealdeal Member Posts: 14
    Wow those are some cheap finance rates. Too bad they don’t discount the sales prices.
  • gooddeal11gooddeal11 Member Posts: 3
    edited May 2018
    I
  • gooddeal11gooddeal11 Member Posts: 3
    edited May 2018
    My order came in and I got this quote from the dealer. Am I getting a good deal? If not, what would be a good monthly payment? 
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