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2020 Land Rover Range Rover Velar Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 240,058
    FFatih said:

    FFatih said:

    Michaell said:

    FFatih said:

    Michaell said:

    FFatih said:

    Just got a quote.
    2020 Land Rover Range Rover Velar P250 S
    MSRP $58750
    Drive off : $2000
    Monthly payment: $617 including tax for 95014
    33 months/ 10K miles per year
    How is my deal?

    Selling price?
    Itemization of $2K drive off?

    .00116 and 64%
    selling price is 51K
    I am not totally sure about itemization of 2K but If I remember correctly ~$750 goes to capital cost reduction.
    .00116 and 64%

    With the prices given, I get a payment of $509/mo, plus tax.

    What state is this?

    Confirm the MF and adjusted cap cost the dealer used for their quote.
    Adjusted Capital cost is $51650. I think MF is a little bit Marked up to around 0.0016XX
    California
    Tell them you won't sign a deal unless you get the base MF.

    Pretty typical for a LR dealer, however.

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  • FFatihFFatih Member Posts: 5
    Michaell said:

    FFatih said:

    FFatih said:

    Michaell said:

    FFatih said:

    Michaell said:

    FFatih said:

    Just got a quote.
    2020 Land Rover Range Rover Velar P250 S
    MSRP $58750
    Drive off : $2000
    Monthly payment: $617 including tax for 95014
    33 months/ 10K miles per year
    How is my deal?

    Selling price?
    Itemization of $2K drive off?

    .00116 and 64%
    selling price is 51K
    I am not totally sure about itemization of 2K but If I remember correctly ~$750 goes to capital cost reduction.
    .00116 and 64%

    With the prices given, I get a payment of $509/mo, plus tax.

    What state is this?

    Confirm the MF and adjusted cap cost the dealer used for their quote.
    Adjusted Capital cost is $51650. I think MF is a little bit Marked up to around 0.0016XX
    California
    Tell them you won't sign a deal unless you get the base MF.

    Pretty typical for a LR dealer, however.
    Btw, Discount looks good to me. To be honest, this is the best discount I could find
  • MichaellMichaell Moderator Posts: 240,058
    FFatih said:

    Michaell said:

    FFatih said:

    FFatih said:

    Michaell said:

    FFatih said:

    Michaell said:

    FFatih said:

    Just got a quote.
    2020 Land Rover Range Rover Velar P250 S
    MSRP $58750
    Drive off : $2000
    Monthly payment: $617 including tax for 95014
    33 months/ 10K miles per year
    How is my deal?

    Selling price?
    Itemization of $2K drive off?

    .00116 and 64%
    selling price is 51K
    I am not totally sure about itemization of 2K but If I remember correctly ~$750 goes to capital cost reduction.
    .00116 and 64%

    With the prices given, I get a payment of $509/mo, plus tax.

    What state is this?

    Confirm the MF and adjusted cap cost the dealer used for their quote.
    Adjusted Capital cost is $51650. I think MF is a little bit Marked up to around 0.0016XX
    California
    Tell them you won't sign a deal unless you get the base MF.

    Pretty typical for a LR dealer, however.
    Btw, Discount looks good to me. To be honest, this is the best discount I could find
    Well, sure, but they're clawing back some of that with the MF hike.

    Your money, your call, at the end of the day.

    Push for the base MF and see how much of the discount they want back.

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  • nikesnikes Member Posts: 9
    looking for RV/MF and any incentives for

    zip: 33602

    2020 RANGE ROVER VELAR R-DYNAMIC P250 AWD
    33/10k
    36/10k
    39/10k


    2020 RANGE ROVER VELAR R-DYNAMIC P340 AWD
    33/10k
    36/10k
    39/10k

    Thank you in advance.
  • kyfdxkyfdx Moderator Posts: 235,188
    nikes said:

    looking for RV/MF and any incentives for

    zip: 33602

    2020 RANGE ROVER VELAR R-DYNAMIC P250 AWD
    33/10k
    36/10k
    39/10k


    2020 RANGE ROVER VELAR R-DYNAMIC P340 AWD
    33/10k
    36/10k
    39/10k

    Thank you in advance.

    39/10 is the best term

    RDYN 250
    .00102 MF and 59% residual

    RDYN 340
    .00074 MF and 58% residual

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  • nikesnikes Member Posts: 9
    Thanks!
    kyfdx said:

    nikes said:

    looking for RV/MF and any incentives for

    zip: 33602

    2020 RANGE ROVER VELAR R-DYNAMIC P250 AWD
    33/10k
    36/10k
    39/10k


    2020 RANGE ROVER VELAR R-DYNAMIC P340 AWD
    33/10k
    36/10k
    39/10k

    Thank you in advance.

    39/10 is the best term

    RDYN 250
    .00102 MF and 59% residual

    RDYN 340
    .00074 MF and 58% residual
    Thank you!
  • ckmenkeckmenke Member Posts: 12
    Any feedback appreciated. I have scoured over this forum and leasehacker to try to get my numbers appropriate. I have negotiated the initial horrid offer down to the below. I have a feeling there is some room left, but i'm uncertain as to where. The MF seems to be miserable currently.

    Zip: 33772
    MF: 0.00171
    39mo/ 7500 miles
    2020 Velar p250
    Resid 62%
    MSRP 63,023
    Selling price 58,000
    778/mo
    0 DAS

    Any help is appreciated! they started at 972/mo so ive made some progress. unsure if i can truly get to the 1% rule or not with the current mf and res numbers.

    thanks!
  • MichaellMichaell Moderator Posts: 240,058
    ckmenke said:

    Any feedback appreciated. I have scoured over this forum and leasehacker to try to get my numbers appropriate. I have negotiated the initial horrid offer down to the below. I have a feeling there is some room left, but i'm uncertain as to where. The MF seems to be miserable currently.

    Zip: 33772
    MF: 0.00171
    39mo/ 7500 miles
    2020 Velar p250
    Resid 62%
    MSRP 63,023
    Selling price 58,000
    778/mo
    0 DAS

    Any help is appreciated! they started at 972/mo so ive made some progress. unsure if i can truly get to the 1% rule or not with the current mf and res numbers.

    thanks!

    .00121 and 62%

    Typical LR dealer, jacking up the MF. Tell them you want the base MF or you'll find another LR dealer (or, another brand).

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  • ckmenkeckmenke Member Posts: 12
    Michaell said:

    ckmenke said:

    Any feedback appreciated. I have scoured over this forum and leasehacker to try to get my numbers appropriate. I have negotiated the initial horrid offer down to the below. I have a feeling there is some room left, but i'm uncertain as to where. The MF seems to be miserable currently.

    Zip: 33772
    MF: 0.00171
    39mo/ 7500 miles
    2020 Velar p250
    Resid 62%
    MSRP 63,023
    Selling price 58,000
    778/mo
    0 DAS

    Any help is appreciated! they started at 972/mo so ive made some progress. unsure if i can truly get to the 1% rule or not with the current mf and res numbers.

    thanks!

    .00121 and 62%

    Typical LR dealer, jacking up the MF. Tell them you want the base MF or you'll find another LR dealer (or, another brand).
    if i can get the MF to base rate, worth signing on the dotted line?
  • MichaellMichaell Moderator Posts: 240,058
    ckmenke said:



    Michaell said:

    ckmenke said:

    Any feedback appreciated. I have scoured over this forum and leasehacker to try to get my numbers appropriate. I have negotiated the initial horrid offer down to the below. I have a feeling there is some room left, but i'm uncertain as to where. The MF seems to be miserable currently.

    Zip: 33772
    MF: 0.00171
    39mo/ 7500 miles
    2020 Velar p250
    Resid 62%
    MSRP 63,023
    Selling price 58,000
    778/mo
    0 DAS

    Any help is appreciated! they started at 972/mo so ive made some progress. unsure if i can truly get to the 1% rule or not with the current mf and res numbers.

    thanks!

    .00121 and 62%

    Typical LR dealer, jacking up the MF. Tell them you want the base MF or you'll find another LR dealer (or, another brand).
    if i can get the MF to base rate, worth signing on the dotted line?
    If they hold on the discount they've given you, probably. But, expect the price to go up to get the base MF.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ckmenkeckmenke Member Posts: 12
    Michaell said:

    ckmenke said:



    Michaell said:

    ckmenke said:

    Any feedback appreciated. I have scoured over this forum and leasehacker to try to get my numbers appropriate. I have negotiated the initial horrid offer down to the below. I have a feeling there is some room left, but i'm uncertain as to where. The MF seems to be miserable currently.

    Zip: 33772
    MF: 0.00171
    39mo/ 7500 miles
    2020 Velar p250
    Resid 62%
    MSRP 63,023
    Selling price 58,000
    778/mo
    0 DAS

    Any help is appreciated! they started at 972/mo so ive made some progress. unsure if i can truly get to the 1% rule or not with the current mf and res numbers.

    thanks!

    .00121 and 62%

    Typical LR dealer, jacking up the MF. Tell them you want the base MF or you'll find another LR dealer (or, another brand).
    if i can get the MF to base rate, worth signing on the dotted line?
    If they hold on the discount they've given you, probably. But, expect the price to go up to get the base MF.
    great advice. will ask them to knock the price down roughly $50/mo with the updated MF and see if i can get a deal signed
  • ckmenkeckmenke Member Posts: 12
    i have re negotiated for an upgraded vehicle. would love any advice. MSRP 65,063. Discount of 6200 to seel price of 58,863.

    It's a 2020 velar r dynamic 6.

    what is the MF and the Residual for zip 33772 for 39/7500?

    he told me the buy rate on this was 0.00102 and he came down from his original number to 0.00141.

    0 down, 39/7500, 60% residual and 779/mo.

    thoughts? thought about signing on the line if he would give me the same number at 10k miles. input very appreciated!
  • kyfdxkyfdx Moderator Posts: 235,188
    ckmenke said:

    i have re negotiated for an upgraded vehicle. would love any advice. MSRP 65,063. Discount of 6200 to seel price of 58,863.

    It's a 2020 velar r dynamic 6.

    what is the MF and the Residual for zip 33772 for 39/7500?

    he told me the buy rate on this was 0.00102 and he came down from his original number to 0.00141.

    0 down, 39/7500, 60% residual and 779/mo.

    thoughts? thought about signing on the line if he would give me the same number at 10k miles. input very appreciated!

    250, 340 or 380?

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  • ckmenkeckmenke Member Posts: 12
    kyfdx said:

    ckmenke said:

    i have re negotiated for an upgraded vehicle. would love any advice. MSRP 65,063. Discount of 6200 to seel price of 58,863.

    It's a 2020 velar r dynamic 6.

    what is the MF and the Residual for zip 33772 for 39/7500?

    he told me the buy rate on this was 0.00102 and he came down from his original number to 0.00141.

    0 down, 39/7500, 60% residual and 779/mo.

    thoughts? thought about signing on the line if he would give me the same number at 10k miles. input very appreciated!

    250, 340 or 380?
    2020 Range Rover Velar R-Dynamic S - p250s
  • kyfdxkyfdx Moderator Posts: 235,188
    ckmenke said:

    kyfdx said:

    ckmenke said:

    i have re negotiated for an upgraded vehicle. would love any advice. MSRP 65,063. Discount of 6200 to seel price of 58,863.

    It's a 2020 velar r dynamic 6.

    what is the MF and the Residual for zip 33772 for 39/7500?

    he told me the buy rate on this was 0.00102 and he came down from his original number to 0.00141.

    0 down, 39/7500, 60% residual and 779/mo.

    thoughts? thought about signing on the line if he would give me the same number at 10k miles. input very appreciated!

    250, 340 or 380?
    2020 Range Rover Velar R-Dynamic S - p250s
    .00102 MF and 60% residual is correct.

    10K/yr residual is 59%

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  • SalmaSalma Member Posts: 2
    Hi, if someone could give me the MF and RV of 2020 Range Rover Velar P250 S 4dr SUV AWD (2.0L 4cyl Turbo 8A) in 80230? Also are there any incentives or credits? Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 235,188
    Salma said:

    Hi, if someone could give me the MF and RV of 2020 Range Rover Velar P250 S 4dr SUV AWD (2.0L 4cyl Turbo 8A) in 80230? Also are there any incentives or credits? Thanks in advance.

    36/10: .00119 MF and 61% residual
    39/10: .00121 MF and 61% residual

    No lease incentives

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  • RRSportSearchRRSportSearch Member Posts: 5
    Looking for money factor and residual on 2020 velar p340

    36/7500 or 10000

    What kind of reduction in price is reasonable
  • MichaellMichaell Moderator Posts: 240,058

    Looking for money factor and residual on 2020 velar p340

    36/7500 or 10000

    What kind of reduction in price is reasonable

    S or R-Dynamic S?

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  • RRSportSearchRRSportSearch Member Posts: 5
    S not dynamic
  • kyfdxkyfdx Moderator Posts: 235,188

    Looking for money factor and residual on 2020 velar p340

    36/7500 or 10000

    What kind of reduction in price is reasonable

    S not dynamic

    36/10: .00090 MF and 60% residual
    39/10: .00094 MF and 60% residual

    $1000 bonus credit

    Edmunds price research is here:
    https://www.edmunds.com/new-cars/

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  • nikesnikes Member Posts: 9
    one more time please, looking for RV/MF and any incentives for

    zip: 33602

    2020 RANGE ROVER VELAR R-DYNAMIC P250 AWD
    33/10k
    36/10k
    39/10k


    2020 RANGE ROVER VELAR R-DYNAMIC P340 AWD
    33/10k
    36/10k
    39/10k

    Thank you in advance.
  • kyfdxkyfdx Moderator Posts: 235,188
    nikes said:

    one more time please, looking for RV/MF and any incentives for

    zip: 33602

    2020 RANGE ROVER VELAR R-DYNAMIC P250 AWD
    33/10k
    36/10k
    39/10k


    2020 RANGE ROVER VELAR R-DYNAMIC P340 AWD
    33/10k
    36/10k
    39/10k

    Thank you in advance.

    .00094 MF and 62% residual
    .00098 MF and 59% residual
    .00102 MF and 59% residual

    .00061 MF and 60% residual
    .00067 MF and 58% residual
    .00074 MF and 58% residual

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  • nikesnikes Member Posts: 9
    kyfdx said:

    nikes said:

    one more time please, looking for RV/MF and any incentives for

    zip: 33602

    2020 RANGE ROVER VELAR R-DYNAMIC P250 AWD
    33/10k
    36/10k
    39/10k


    2020 RANGE ROVER VELAR R-DYNAMIC P340 AWD
    33/10k
    36/10k
    39/10k

    Thank you in advance.

    .00094 MF and 62% residual
    .00098 MF and 59% residual
    .00102 MF and 59% residual

    .00061 MF and 60% residual
    .00067 MF and 58% residual
    .00074 MF and 58% residual
    Thank you!
  • CoachM13CoachM13 Member Posts: 9
    Hello, can you please provide the February MF and RV for 2020 Range Rover Velar R-Dynamic P250 AWD, 36mo/12k, Zip 60654
    Thanks for your help.
  • kyfdxkyfdx Moderator Posts: 235,188
    CoachM13 said:

    Hello, can you please provide the February MF and RV for 2020 Range Rover Velar R-Dynamic P250 AWD, 36mo/12k, Zip 60654
    Thanks for your help.

    .00098 MF and 58% residual

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  • RRSportSearchRRSportSearch Member Posts: 5
    Please provide MF & Residual for

    2020 Velar 250S

    36/10k in 90278

    Also getting an offer with like $7k off MSRP which seems interesting...
  • Mike778Mike778 Member Posts: 2
    edited February 2020
    Hello,
    I got a quote from the dealer today. Zip 91325. 2020 Velar p250 R Dynamic.

    MSRP: 64793
    Selling price: 60500
    MF: .00122
    Res: 58%
    2500k drive off
    749 inc tax.
    36/12

    What do you think? He would not budge on the Price. He literally let me walk out without even negotiating.
  • MichaellMichaell Moderator Posts: 240,058

    Please provide MF & Residual for

    2020 Velar 250S

    36/10k in 90278

    Also getting an offer with like $7k off MSRP which seems interesting...

    .00119 and 61%
    $1000 bonus cash

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  • MichaellMichaell Moderator Posts: 240,058
    Mike778 said:

    Hello,
    I got a quote from the dealer today. Zip 91325. 2020 Velar p250 R Dynamic.

    MSRP: 64793
    Selling price: 60500
    MF: .00122
    Res: 58%
    2500k drive off
    749 inc tax.
    36/12

    What do you think? He would not budge on the Price. He literally let me walk out without even negotiating.

    .00098 and 58%

    Focus on getting the base MF first

    In CA, we recommend only paying the first payment and DMV costs up front - about $1500, maybe less.

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  • Mike778Mike778 Member Posts: 2
    So if I pay 1500 down what should I expect the monthly payment to be?
  • MichaellMichaell Moderator Posts: 240,058
    Mike778 said:

    So if I pay 1500 down what should I expect the monthly payment to be?

    We would need to know the adjusted cap cost in order to model a payment - selling price plus any fees and such you aren't paying up front.

    The dealer should be able to give you this number.

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  • RRSportSearchRRSportSearch Member Posts: 5
    Do you find the lease payment calculators vs the dealers numbers to be off? It always seems to when I run the numbers...
  • MichaellMichaell Moderator Posts: 240,058

    Do you find the lease payment calculators vs the dealers numbers to be off? It always seems to when I run the numbers...

    Don't know. I have a home built spreadsheet that allows me full control over all the lease variables.

    I've found on-line calculators often make assumptions we have no visibility to.

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  • PeretsPerets Member Posts: 28
    Hello! Can you give me residual/money factor for 2020 Land Rover Range Rover Velar P250 in Portland, Oregon - Zip: 97209. 12k miles/36months. Any lease incentives? Thanks
  • MichaellMichaell Moderator Posts: 240,058
    Perets said:

    Hello! Can you give me residual/money factor for 2020 Land Rover Range Rover Velar P250 in Portland, Oregon - Zip: 97209. 12k miles/36months. Any lease incentives? Thanks

    .00119 and 60%
    $1000 bonus cash

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  • bobneedsacarbobneedsacar Member Posts: 2
    Can you please get me the residuals and MF for Velar p250

    10k/33
    10k/36

    for 90049

    Thanks!
  • MichaellMichaell Moderator Posts: 240,058

    Can you please get me the residuals and MF for Velar p250

    10k/33
    10k/36

    for 90049

    Thanks!

    .00116 and 64%
    .00119 and 61%
    $1000 bonus cash

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  • madison85madison85 Member Posts: 1
    Hello,
    MF and RV for 39/15K for R-Dynamic 380 HSE only
    28205 Zip Code

    Any Incentives?
  • MichaellMichaell Moderator Posts: 240,058
    madison85 said:

    Hello,
    MF and RV for 39/15K for R-Dynamic 380 HSE only
    28205 Zip Code

    Any Incentives?

    .00011 and 53%
    $525 dealer cash
    $1000 bonus cash

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  • Jen1021Jen1021 Member Posts: 1
    Hello can you please give me the RV, MF and any incentives for a 2020 Velar P250 in 11510 with 2K miles... 66.5K MSRP
  • MichaellMichaell Moderator Posts: 240,058
    Jen1021 said:

    Hello can you please give me the RV, MF and any incentives for a 2020 Velar P250 in 11510 with 2K miles... 66.5K MSRP

    What lease term and how many miles per year?

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  • bears16bears16 Member Posts: 9
    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!
  • MichaellMichaell Moderator Posts: 240,058
    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?

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  • bears16bears16 Member Posts: 9
    Michaell said:

    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?
    The $5000 drive off is just the promoted offer. It is $3113.39 cap reduction, $398.85 sales tax, $768.75 license/reg, $634.01 first monthly payment, $85 dealer document fee.

    Zip code 90292

    I'm not sure of the selling price. Should I ask the sales rep for that number?
  • kyfdxkyfdx Moderator Posts: 235,188
    bears16 said:

    Michaell said:

    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?
    The $5000 drive off is just the promoted offer. It is $3113.39 cap reduction, $398.85 sales tax, $768.75 license/reg, $634.01 first monthly payment, $85 dealer document fee.

    Zip code 90292

    I'm not sure of the selling price. Should I ask the sales rep for that number?
    Looks like an advertisement, rather than an actual offer from the dealership.

    Always best to ask for an actual offer on a unit that they have in stock, and see how it compares. It's entirely possible that the offer will not resemble the ad, at all.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bears16bears16 Member Posts: 9
    kyfdx said:

    bears16 said:

    Michaell said:

    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?
    The $5000 drive off is just the promoted offer. It is $3113.39 cap reduction, $398.85 sales tax, $768.75 license/reg, $634.01 first monthly payment, $85 dealer document fee.

    Zip code 90292

    I'm not sure of the selling price. Should I ask the sales rep for that number?
    Looks like an advertisement, rather than an actual offer from the dealership.

    Always best to ask for an actual offer on a unit that they have in stock, and see how it compares. It's entirely possible that the offer will not resemble the ad, at all.
    I have already confirmed the offer directly with the dealer on the exact vehicle I want and it is confirmed.
  • bears16bears16 Member Posts: 9
    bears16 said:

    kyfdx said:

    bears16 said:

    Michaell said:

    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?
    The $5000 drive off is just the promoted offer. It is $3113.39 cap reduction, $398.85 sales tax, $768.75 license/reg, $634.01 first monthly payment, $85 dealer document fee.

    Zip code 90292

    I'm not sure of the selling price. Should I ask the sales rep for that number?
    Looks like an advertisement, rather than an actual offer from the dealership.

    Always best to ask for an actual offer on a unit that they have in stock, and see how it compares. It's entirely possible that the offer will not resemble the ad, at all.
    I have already confirmed the offer directly with the dealer on the exact vehicle I want and it is confirmed.
    Given the information I've provided, does this sound like a good deal?
  • MichaellMichaell Moderator Posts: 240,058
    bears16 said:

    bears16 said:

    kyfdx said:

    bears16 said:

    Michaell said:

    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?
    The $5000 drive off is just the promoted offer. It is $3113.39 cap reduction, $398.85 sales tax, $768.75 license/reg, $634.01 first monthly payment, $85 dealer document fee.

    Zip code 90292

    I'm not sure of the selling price. Should I ask the sales rep for that number?
    Looks like an advertisement, rather than an actual offer from the dealership.

    Always best to ask for an actual offer on a unit that they have in stock, and see how it compares. It's entirely possible that the offer will not resemble the ad, at all.
    I have already confirmed the offer directly with the dealer on the exact vehicle I want and it is confirmed.
    Given the information I've provided, does this sound like a good deal?
    If you can get them to share the selling price, we can weigh in.

    We aren't big fans of large up front amounts on a lease - it masks the true cost, and you'd lose the non-government part of the $5K if the car were to be stolen or totaled.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Moderator Posts: 235,188
    bears16 said:

    bears16 said:

    kyfdx said:

    bears16 said:

    Michaell said:

    bears16 said:

    Hey there. Looking to verify the quality of a lease special being offered at my local dealership pre-negotiation.

    2020 Velar R-Dynamic P340
    MSRP $70,893
    39 months
    7500 miles
    $5000 drive off
    59% residual
    .00074 MF
    $1000 mfg rebate

    $579 + tax / month

    Thanks in advance!

    I confirm .00074 and 59%, and the $1000 incentive

    Why $5000 drive off?

    What is the selling price?
    What is the ZIP code?
    The $5000 drive off is just the promoted offer. It is $3113.39 cap reduction, $398.85 sales tax, $768.75 license/reg, $634.01 first monthly payment, $85 dealer document fee.

    Zip code 90292

    I'm not sure of the selling price. Should I ask the sales rep for that number?
    Looks like an advertisement, rather than an actual offer from the dealership.

    Always best to ask for an actual offer on a unit that they have in stock, and see how it compares. It's entirely possible that the offer will not resemble the ad, at all.
    I have already confirmed the offer directly with the dealer on the exact vehicle I want and it is confirmed.
    Given the information I've provided, does this sound like a good deal?
    I would definitely want to know the Selling price and Adjusted CAP cost.

    Seems like a reasonable deal. Is 7.5K miles/yr enough?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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