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2019 Land Rover Range Rover Evoque Lease Deals and Prices

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    sydnisarahsydnisarah Member Posts: 2
    Hi! I got a quote on the 2019 RR Evoque SE today - it is in the loaner program currently, so used with 3310 Miles. The MSRP is $51,522, but they’ve adjusted the price down to $45,435. They quoted a monthly lease payment with zero down of $668 for 39/7.5k. They said they used a 59% residual, and if that’s true I’ve calculated a MF of about .00255. This seems very high to me - what are the RV, MF, and incentives I should be looking for for 39/10? Zip code 22314.
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    MichaellMichaell Moderator Posts: 241,305
    sydnisarah said:

    Hi! I got a quote on the 2019 RR Evoque SE today - it is in the loaner program currently, so used with 3310 Miles. The MSRP is $51,522, but they’ve adjusted the price down to $45,435. They quoted a monthly lease payment with zero down of $668 for 39/7.5k. They said they used a 59% residual, and if that’s true I’ve calculated a MF of about .00255. This seems very high to me - what are the RV, MF, and incentives I should be looking for for 39/10? Zip code 22314.

    .00012 and 58%

    I'd confirm the trim, term and mileage, as the dealer cannot alter the residual value.

    The MF markup, however, is pretty typical for LR dealers.

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    sydnisarahsydnisarah Member Posts: 2
    Michaell said:
    Hi! I got a quote on the 2019 RR Evoque SE today - it is in the loaner program currently, so used with 3310 Miles. The MSRP is $51,522, but they’ve adjusted the price down to $45,435. They quoted a monthly lease payment with zero down of $668 for 39/7.5k. They said they used a 59% residual, and if that’s true I’ve calculated a MF of about .00255. This seems very high to me - what are the RV, MF, and incentives I should be looking for for 39/10? Zip code 22314.
    .00012 and 58% I'd confirm the trim, term and mileage, as the dealer cannot alter the residual value. The MF markup, however, is pretty typical for LR dealers.
    Thank you!

    Also, apologies if this is explained somewhere on the forums - what is the source of the MF you are quoting/how was it determined?

    Though I have heard LR is tough to negotiate with, do you think it is possible to knock down the MF they quoted at least by half?
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    kyfdxkyfdx Moderator Posts: 237,185
    sydnisarah said:


    Michaell said:

    sydnisarah said:

    Hi! I got a quote on the 2019 RR Evoque SE today - it is in the loaner program currently, so used with 3310 Miles. The MSRP is $51,522, but they’ve adjusted the price down to $45,435. They quoted a monthly lease payment with zero down of $668 for 39/7.5k. They said they used a 59% residual, and if that’s true I’ve calculated a MF of about .00255. This seems very high to me - what are the RV, MF, and incentives I should be looking for for 39/10? Zip code 22314.

    .00012 and 58%

    I'd confirm the trim, term and mileage, as the dealer cannot alter the residual value.

    The MF markup, however, is pretty typical for LR dealers.

    Thank you!

    Also, apologies if this is explained somewhere on the forums - what is the source of the MF you are quoting/how was it determined?

    Though I have heard LR is tough to negotiate with, do you think it is possible to knock down the MF they quoted at least by half?

    It is the base rate from Land Rover Financial (aka Chase bank)
    The rate is set by Land Rover and the bank.

    I would guess your calculations are wrong, as the maximum allowed dealer markup to the money factor is .00100. (for a total of .00112)

    It's possible that the residual has been adjusted downward from 59%, to account for the 3300 miles.

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    cubsbfw1cubsbfw1 Member Posts: 58
    Autobiography, 36/12k in 63105 and HSE 36/12k in 63105. Thanks!
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    MichaellMichaell Moderator Posts: 241,305
    cubsbfw1 said:

    Autobiography, 36/12k in 63105 and HSE 36/12k in 63105. Thanks!

    HSE - .00001 and 55%; $2425 incentive
    Autobiography - .00001 and 54%; $3425 incentive

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    cubsbfw1cubsbfw1 Member Posts: 58
    What about Landmark? 36/15 for 63105. Thanks!
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    cubsbfw1cubsbfw1 Member Posts: 58
    36/12 also please.
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    MichaellMichaell Moderator Posts: 241,305
    cubsbfw1 said:

    What about Landmark? 36/15 for 63105. Thanks!

    cubsbfw1 said:

    36/12 also please.

    36/12 (to be consistent with the other requests)
    .00001 and 56%
    $1500 incentive

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    paivas88paivas88 Member Posts: 9
    edited June 2019
    Hi, what will be MF, Incentives and Residual for 2019 Evoque SE (5 door) 10k/36mo in state of PA (15217) for this month? Many thanks!
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    kyfdxkyfdx Moderator Posts: 237,185
    paivas88 said:

    Hi, what will be MF, Incentives and Residual for 2019 Evoque SE (5 door) 10k/36mo in state of PA (15217) for this month? Many thanks!

    .00001 MF and 60% residual
    $450 dealer lease cash

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    ljett32ljett32 Member Posts: 4
    Hi,

    MF, RV, and incentives for an Evoque SE, 12k/36, zip 60643. Thanks!
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    MichaellMichaell Moderator Posts: 241,305
    ljett32 said:

    Hi,

    MF, RV, and incentives for an Evoque SE, 12k/36, zip 60643. Thanks!

    .00001 and 59%
    $450 incentive

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    panda87panda87 Member Posts: 15

    Hello, what's the MF, residual and lease or loyalty credits (if any) for a 2019 Evoque SE, 36/10k, zip code 20817?

    Thank you.

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    MichaellMichaell Moderator Posts: 241,305
    https://forums.edmunds.com/discussion/comment/5725914#Comment_5725914

    .00001 and 60%

    $450 incentives

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    panda87panda87 Member Posts: 15
    https://forums.edmunds.com/discussion/comment/5725937#Comment_5725937

    Thank you Michaell!

    And what about the 2019 Evoque SE Premium for the below zipcodes?

    A) zipcode 20817

    B) zipcode 22182

    I went to Rosenthal Land Rover in 22182 today and they gave me a MF of .00051 for a new 2019 Evoque SE Premium, so I was a little confused. They did however provide $1500 lease credit, which was nice, but the numbers still didn't quite match what I was expecting based on my Leasehackr calculations:

    https://leasehackr.com/calculator?make=Land_Rover&miles=7500&msd=0&msrp=52654&sales_price=47447&months=36&mf=.00051&dp=0&dealer_fee=799&acq_fee=795&taxed_inc=0&untaxed_inc=0&rebate=0&resP=61&reg_fee=400&sales_tax=6&demo_mileage=0&memo=2019%20Rosenthal%20Evoque&monthlyTax_radio=true


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    MichaellMichaell Moderator Posts: 241,305
    https://forums.edmunds.com/discussion/comment/5726120#Comment_5726120

    36/10 - .00001 and 58%; $1500 incentive

    Can you post a screen shot of the calculator, rather than a link?

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    crni123crni123 Member Posts: 67
    Hi Any incentive on the 2019 or 2020 Evoque MF and Residual 33462.

    Thank you
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    crni123crni123 Member Posts: 67
    Sorry looking for 36/15 please
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    MichaellMichaell Moderator Posts: 241,305
    crni123 said:

    Hi Any incentive on the 2019 or 2020 Evoque MF and Residual 33462.

    Thank you

    crni123 said:

    Sorry looking for 36/15 please

    What trim level?

    2020 Evoque lease thread can be found here:
    https://forums.edmunds.com/discussion/55258/land-rover/range-rover-evoque/2020-range-rover-evoque-lease-deals-and-prices#latest

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    RiverhouseRiverhouse Member Posts: 7
    Looking for MF/residual/incentives on HSE Dynamic, 36/12.
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    kyfdxkyfdx Moderator Posts: 237,185
    Riverhouse said:

    Looking for MF/residual/incentives on HSE Dynamic, 36/12.

    .00001 MF and 50% residual
    $5100 dealer lease cash

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    nickm925nickm925 Member Posts: 26
    Hello,

    Can I get the MF & RV on the base model 2019 RR Evoque S P250 AWD - 36/10K in 91311???
    Any incentives or lease credits?

    Thank you
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    MichaellMichaell Moderator Posts: 241,305
    nickm925 said:

    Hello,

    Can I get the MF & RV on the base model 2019 RR Evoque S P250 AWD - 36/10K in 91311???
    Any incentives or lease credits?

    Thank you

    2019 lease programs have ended.

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