Thank you for the reply. I am new to the forum and hopefully asking follow up questions is OK. I just wanted to make sure I am understanding correctly - that money factor represents an APR of .12% doesnt it? Can that be right? It seems so low!
Thank you for the reply. I am new to the forum and hopefully asking follow up questions is OK. I just wanted to make sure I am understanding correctly - that money factor represents an APR of .12% doesnt it? Can that be right? It seems so low!
Yes... it's very low.
Ever hear of 0% financing? It's just another way to attach incentives, to sell cars.
Hi, Just got this deal, can someone please let me know their thoughts? New Jersey (zip 07733) Velar P 250 S MSRP 62,426 36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees) 36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees) Taxes are rolled into the payments. I am also getting $1500 conquest cash.
Hi, Just got this deal, can someone please let me know their thoughts? New Jersey (zip 07733) Velar P 250 S MSRP 62,426 36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees) 36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees) Taxes are rolled into the payments. I am also getting $1500 conquest cash.
I don't unfortunately. I am getting it through a lease company vs. Land Rover dealership so they won't give me the selling price.
kyfdx Posts: 82,385 10:00AM adevi22 said: Hi, Just got this deal, can someone please let me know their thoughts? New Jersey (zip 07733) Velar P 250 S MSRP 62,426 36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees) 36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees) Taxes are rolled into the payments. I am also getting $1500 conquest cash.
I don't unfortunately. I am getting it through a lease company vs. Land Rover dealership so they won't give me the selling price.
kyfdx Posts: 82,385 10:00AM adevi22 said: Hi, Just got this deal, can someone please let me know their thoughts? New Jersey (zip 07733) Velar P 250 S MSRP 62,426 36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees) 36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees) Taxes are rolled into the payments. I am also getting $1500 conquest cash.
How does this sound? Thanks in advance!!
Do you have the selling price? Adjusted CAP cost?
If you are using a broker, there isn't much we can do for you.
I'm also trying to lease with $7000 down and find the sweet spot for payments if you can help in anyway. I see in some of your replies that you should not put money down on the lease so I am re-thinking putting anything down.
2018 velar P250 SE r-dynamic v4 north carolina - msrp $66,591 mf and residual 36/12,000 39/12,000
I'm also trying to lease with $7000 down and find the sweet spot for payments if you can help in anyway. I see in some of your replies that you should not put money down on the lease so I am re-thinking putting anything down.
2018 velar P250 SE r-dynamic v4 north carolina - msrp $66,591 mf and residual 36/12,000 39/12,000
Hello and THANK YOU both for helping us all. In 92109 zip code in California. Was given this quote today for a 2018 Velar P250 S. They won't negotiate anymore on payment/price:
36mo/12K miles a year $3,000.00 down out of pocket + $1,500 conquest cash = $4,500 down $630/mo payment includes 7.75% sales tax
$59,713 MSRP sticker price (includes CA Emission of $100 and Dest Delivery Fee of $995) [They claim their MSRP Subtotal invoice cost pre CA Emission and Dest Delivery Fee is $55,029.07...but then add another $160 for "Dealer Training Fee" and $600 "RAG Fee" for a total of $56,884.07 (includes adding back the $100 for CA Emission and $995 for Dest Delivery Fee).]
Using the alleged invoice price of $56,884.07 as the cash price and an MF of .00070 and Residual of 57% which I gathered from previous posts (assuming I got understood everything), I got $614.34/mo...obviously less than the $630/mo I was quoted.
They keep trying to tell me not to worry about cash price, money factor and residual (which they have not disclosed) because I should only be focused on monthly payment. HA! That said, can you please share what the money factor and residual should be for this car? Also, does this sound like a good/decent deal? Thank you in advance.
Hello and THANK YOU both for helping us all. In 92109 zip code in California. Was given this quote today for a 2018 Velar P250 S. They won't negotiate anymore on payment/price:
36mo/12K miles a year $3,000.00 down out of pocket + $1,500 conquest cash = $4,500 down $630/mo payment includes 7.75% sales tax
$59,713 MSRP sticker price (includes CA Emission of $100 and Dest Delivery Fee of $995) [They claim their MSRP Subtotal invoice cost pre CA Emission and Dest Delivery Fee is $55,029.07...but then add another $160 for "Dealer Training Fee" and $600 "RAG Fee" for a total of $56,884.07 (includes adding back the $100 for CA Emission and $995 for Dest Delivery Fee).]
Using the alleged invoice price of $56,884.07 as the cash price and an MF of .00070 and Residual of 57% which I gathered from previous posts (assuming I got understood everything), I got $614.34/mo...obviously less than the $630/mo I was quoted.
They keep trying to tell me not to worry about cash price, money factor and residual (which they have not disclosed) because I should only be focused on monthly payment. HA! That said, can you please share what the money factor and residual should be for this car? Also, does this sound like a good/decent deal? Thank you in advance.
.00070 MF and 57% residual
Did you ask for the adjusted CAP cost? To get the calculation, you have to add the acquisition fee ($895), DMV fees (about $650), doc fee ($80). What CAP cost did you use for your calculation.
I wouldn't worry about the dealer's invoice. Just get the actual selling price used.
Hello all! After 29 years, i'm excited to be a first time car owner/leaser. Thank you for the wealth of information so far.
Can i kindly ask what the lease terms i should expect?
Zip: 91702 Credit: 800+ Term: 36 months Model: TBD - would be get to get the range
Secondly, would it be correct to assume the MF/residuals quoted are the lowest price dealers could offer me and I should negotiate towards those numbers? Any tips on how to pre-negotiate or tips on the process overall would be great.
Hello all! After 29 years, i'm excited to be a first time car owner/leaser. Thank you for the wealth of information so far.
Can i kindly ask what the lease terms i should expect?
Zip: 91702 Credit: 800+ Term: 36 months Model: TBD - would be get to get the range
Secondly, would it be correct to assume the MF/residuals quoted are the lowest price dealers could offer me and I should negotiate towards those numbers? Any tips on how to pre-negotiate or tips on the process overall would be great.
Thanks!
Residuals are fixed by the bank, and dealers cannot alter them. The money factor we give is the lowest available for top tier credit. Dealers may, and usually do mark them up for extra profit. Just insist on the base rate.
If you want numbers, give us a trim, term and mileage allowance
If you want numbers, give us a trim, term and mileage allowance
Thanks!
Looking for 36months, 15k , Velar S
Is 0 down feasible and can i ask if MSRP discounts can be expected these days?
.00070 and 55%
You can structure the lease deal any way you'd like.
LR dealers seem to be allergic to discounting, though it can happen. Do your research, determine a price you'd be happy with, and present it to the dealer.
I don't unfortunately. I am getting it through a lease company vs. Land Rover dealership so they won't give me the selling price.
kyfdx Posts: 82,385 10:00AM adevi22 said: Hi, Just got this deal, can someone please let me know their thoughts? New Jersey (zip 07733) Velar P 250 S MSRP 62,426 36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees) 36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees) Taxes are rolled into the payments. I am also getting $1500 conquest cash.
How does this sound? Thanks in advance!!
Do you have the selling price? Adjusted CAP cost?
If you are using a broker, there isn't much we can do for you.
I ended up getting this deal from Jaguar Land Rover in NYC: 36 month Lease/10k miles -Velar P250 S - $708/month (including taxes in payment) MSRP 62,245 Sales price 58,649.76 Acquisition fee 895 DMV fees 57.50 Doc fee 75 Adjusted cap cost 59,239.80 Gross cap cost 61,796.27 $2000 cash upfront (including first month $708) + $1500 conquest cash = $3500 total
I think I did fairly well? As I was pricing around I was getting crazy quotes anywhere from $830 a month, to $790 a month.
I don't unfortunately. I am getting it through a lease company vs. Land Rover dealership so they won't give me the selling price.
kyfdx Posts: 82,385 10:00AM adevi22 said: Hi, Just got this deal, can someone please let me know their thoughts? New Jersey (zip 07733) Velar P 250 S MSRP 62,426 36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees) 36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees) Taxes are rolled into the payments. I am also getting $1500 conquest cash.
How does this sound? Thanks in advance!!
Do you have the selling price? Adjusted CAP cost?
If you are using a broker, there isn't much we can do for you.
I ended up getting this deal from Jaguar Land Rover in NYC: 36 month Lease/10k miles -Velar P250 S - $708/month (including taxes in payment) MSRP 62,245 Sales price 58,649.76 Acquisition fee 895 DMV fees 57.50 Doc fee 75 Adjusted cap cost 59,239.80 Gross cap cost 61,796.27 $2000 cash upfront (including first month $708) + $1500 conquest cash = $3500 total
I think I did fairly well? As I was pricing around I was getting crazy quotes anywhere from $830 a month, to $790 a month.
Hi, I got a below Deal for Velar P250 S with Drive Package for 36 Months Lease for MA Zip Code 01776.
MSRP - 59933
MF - 0.00027
Residual - 60
Lease Payment - 735$ with 0 Down
Please tell me if this is a good deal or I should negotiate?
What is the selling price?
What is the Adjusted CAP Cost?
Hi, I got a below Deal for Velar P250 S with Drive Package for 36 Months Lease for MA Zip Code 01776.
MSRP - 59933
MF - 0.00027
Residual - 60
Lease Payment - 735$ with 0 Down
Please tell me if this is a good deal or I should negotiate?
What is the selling price?
What is the Adjusted CAP Cost?
Selling Price 56219 Adjusted Cap Cost 58483
is this a good deal or i should negotiate?
I can't get those numbers to match up to our info.
Especially the 60% residual
What is the mileage allowance?
What is the total amount due at signing?
Comments
10605 area code
P380, RSE
36 mos / 10K miles
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I just wanted to make sure I am understanding correctly - that money factor represents an APR of .12% doesnt it? Can that be right? It seems so low!
Ever hear of 0% financing? It's just another way to attach incentives, to sell cars.
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New Jersey (zip 07733)
Velar P 250 S
MSRP 62,426
36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees)
36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees)
Taxes are rolled into the payments. I am also getting $1500 conquest cash.
How does this sound? Thanks in advance!!
Adjusted CAP cost?
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kyfdx Posts: 82,385
10:00AM
adevi22 said:
Hi, Just got this deal, can someone please let me know their thoughts?
New Jersey (zip 07733)
Velar P 250 S
MSRP 62,426
36 months/ 7500 miles $690 a month, $2000 due at signing (1st month and fees)
36 months/ 10000 miles $708 a month $2000 due at signing (1st month and fees)
Taxes are rolled into the payments. I am also getting $1500 conquest cash.
How does this sound? Thanks in advance!!
Do you have the selling price?
Adjusted CAP cost?
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32669 area code (Florida)
P250 HSE R-dyn, 36 mos/10k miles, and
P250 SE R-dyn, 36 mos/10k miles
Thanks so much for the help!
R-Dyn SE - .00017 and 56%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I'm also trying to lease with $7000 down and find the sweet spot for payments if you can help in anyway. I see in some of your replies that you should not put money down on the lease so I am re-thinking putting anything down.
2018 velar P250 SE r-dynamic v4
north carolina - msrp $66,591
mf and residual
36/12,000
39/12,000
Thank you very much.
.00026 and 52%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
mf and residual
3/36k
range rover velar
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36mo/12K miles a year
$3,000.00 down out of pocket + $1,500 conquest cash = $4,500 down
$630/mo payment includes 7.75% sales tax
$59,713 MSRP sticker price (includes CA Emission of $100 and Dest Delivery Fee of $995)
[They claim their MSRP Subtotal invoice cost pre CA Emission and Dest Delivery Fee is $55,029.07...but then add another $160 for "Dealer Training Fee" and $600 "RAG Fee" for a total of $56,884.07 (includes adding back the $100 for CA Emission and $995 for Dest Delivery Fee).]
Using the alleged invoice price of $56,884.07 as the cash price and an MF of .00070 and Residual of 57% which I gathered from previous posts (assuming I got understood everything), I got $614.34/mo...obviously less than the $630/mo I was quoted.
They keep trying to tell me not to worry about cash price, money factor and residual (which they have not disclosed) because I should only be focused on monthly payment. HA! That said, can you please share what the money factor and residual should be for this car? Also, does this sound like a good/decent deal? Thank you in advance.
Did you ask for the adjusted CAP cost?
To get the calculation, you have to add the acquisition fee ($895), DMV fees (about $650), doc fee ($80).
What CAP cost did you use for your calculation.
I wouldn't worry about the dealer's invoice. Just get the actual selling price used.
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What would RV and MF be for:
P250 Base
P250 S
P250 SE R Dynamic
P380 SE R Dynamic
Thanks in advance.
They picked the F-Pace.
36/12
Base: .00164 MF and 61% residual
S: .00070 MF and 57% residual
SE-Rdyn: .00017 MF and 55% residual
380 SE-Rdyn: .00005 MF and 56% residual
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Can i kindly ask what the lease terms i should expect?
Zip: 91702
Credit: 800+
Term: 36 months
Model: TBD - would be get to get the range
Secondly, would it be correct to assume the MF/residuals quoted are the lowest price dealers could offer me and I should negotiate towards those numbers? Any tips on how to pre-negotiate or tips on the process overall would be great.
Thanks!
The money factor we give is the lowest available for top tier credit. Dealers may, and usually do mark them up for extra profit. Just insist on the base rate.
If you want numbers, give us a trim, term and mileage allowance
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Colorado.
36/10
36/12
thanks
.00164 MF
62%/61% residual
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P250 Base / S / R-DYN
36/12 & 36/15
91702
Many thanks
Base - .00164 and 59%
S - .00070 and 55%
R-Dyn - SE or HSE?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Please provide MF/R for:
R-DYNAMIC HSE P380
36/10
85755
Many thanks!
$3025 lease cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Velar P250 S
Velar P250 R-Dynamic SE
Also, any lease incentives you know of. I don't have an existing Land Rover or competing vehicle.
Many thanks!
R-Dyn SE - .00017 and 55%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 month Lease/10k miles -Velar P250 S - $708/month (including taxes in payment)
MSRP 62,245
Sales price 58,649.76
Acquisition fee 895
DMV fees 57.50
Doc fee 75
Adjusted cap cost 59,239.80
Gross cap cost 61,796.27
$2000 cash upfront (including first month $708) + $1500 conquest cash = $3500 total
I think I did fairly well? As I was pricing around I was getting crazy quotes anywhere from $830 a month, to $790 a month.
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MSRP - 59933
MF - 0.00027
Residual - 60
Lease Payment - 735$ with 0 Down
Please tell me if this is a good deal or I should negotiate?
What is the Adjusted CAP Cost?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Adjusted Cap Cost 58483
is this a good deal or i should negotiate?
36 months and 10/12k.
Thanks
Adjusted Cap Cost 58483
is this a good deal or i should negotiate?
I can't get those numbers to match up to our info.
Especially the 60% residual
What is the mileage allowance?
What is the total amount due at signing?
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.00017 MF and 55% residual
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Amount Due 0
Amount Due 0
Okay.. .00070 MF and 60% residual
Leasing is an expensive way to only drive 15K miles...
I get $692/mo.+tax, which makes me think my money factor is correct, and not yours.
I'd certainly try for a lower price. We don't track pricing, but you can read back through this discussion, to see what others might be paying.
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.00017 MF and 55% residual
.00001 MF and 54% residual
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