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2020 Range Rover Evoque. Money Factor and possible lease credits
boston2020
Member Posts: 10
I'm trying to figure out if this is a good deal or not. Like to know what the money factor is. Range Rover Evoque R-Dynamic HSE. MSRP $68,454.00. Sale Price $67,454.00. 39 mo lease $2,500 down $890. Residual Value $37,650.
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.00016 MF and 55% residual
$1000 winter bonus
Using the sale price as the adjusted CAP cost, I get $781/mo.+tax.
That leads me to believe the money factor is marked up.
I'll guess your $1000 discount is actually the customer rebate from Land Rover, effectively making your deal at full MSRP (plus a money factor markup)
Doesn't seem very good to me, but typical of a Land Rover dealer.
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Thanks,
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.00008 MF and 56% residual
$2025 dealer lease cash
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