2020 Land Rover Range Rover Velar Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 259,718
    drivingtr said:

    Hi Goodmorning,
    Have been following this forum, Mercedes GLE and GLC forums for a while and really appreciate your tremendous input here. I am interested in 2020 Velor P250 S. Can I get a MF and Residual for 36/39 months 7.5k/10k miles. I am looking in local dealers near 60194. Thanks.
    Also it's an end of the month so is it wise to wait for June?
    Thanks,
    Rahul

    36/10 - .00073 and 60%
    39/10 - .00076 and 59%

    No predictions on June programs.

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  • dentru26dentru26 Member Posts: 15
    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?

    Here’s what the dealer came back with
    For the 36mos/10k lease on the P250S

    Sale price: 51,007
    MF: 0.00176
    Residual: 59%

    2500 drive out includes first month payment+fees/insurance/taxes(461)+cap reduction (1362)

    The MF is way jacked up the base you provided. :(
  • MichaellMichaell Moderator Posts: 259,718
    dentru26 said:

    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?

    Here’s what the dealer came back with
    For the 36mos/10k lease on the P250S

    Sale price: 51,007
    MF: 0.00176
    Residual: 59%

    2500 drive out includes first month payment+fees/insurance/taxes(461)+cap reduction (1362)

    The MF is way jacked up the base you provided. :(
    Which is typical for a LR dealer.

    Is there another brand that interests you?

    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!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • dentru26dentru26 Member Posts: 15
    Michaell said:

    dentru26 said:

    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?

    Here’s what the dealer came back with
    For the 36mos/10k lease on the P250S

    Sale price: 51,007
    MF: 0.00176
    Residual: 59%

    2500 drive out includes first month payment+fees/insurance/taxes(461)+cap reduction (1362)

    The MF is way jacked up the base you provided. :(
    Which is typical for a LR dealer.

    Is there another brand that interests you?
    😅 unfortunately hard to take my mind off but might settle in for a MDX if things work out on it.
  • MichaellMichaell Moderator Posts: 259,718
    dentru26 said:

    Michaell said:

    dentru26 said:

    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?

    Here’s what the dealer came back with
    For the 36mos/10k lease on the P250S

    Sale price: 51,007
    MF: 0.00176
    Residual: 59%

    2500 drive out includes first month payment+fees/insurance/taxes(461)+cap reduction (1362)

    The MF is way jacked up the base you provided. :(
    Which is typical for a LR dealer.

    Is there another brand that interests you?
    😅 unfortunately hard to take my mind off but might settle in for a MDX if things work out on it.
    Some good lease deals posted in the MDX lease thread.

    Edmunds Price Checker
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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • AmbientnoiseAmbientnoise Member Posts: 2
    Hello, May I please get 36/15 RV and MF and incentives for the 2020 Velar S at 08823? Also, if possible, 36/20k? Thank you
  • kyfdxkyfdx Moderator Posts: 261,903

    Hello, May I please get 36/15 RV and MF and incentives for the 2020 Velar S at 08823? Also, if possible, 36/20k? Thank you

    36/15
    .00073 MF and 57% residual
    No lease incentives

    We don't have 20K/yr residuals

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  • Gamer614Gamer614 Member Posts: 1
    Can you please provide MF, Residual and incentives for Range Rover Velar P250 R Dynamic S for zip code 43017
  • kyfdxkyfdx Moderator Posts: 261,903
    Gamer614 said:

    Can you please provide MF, Residual and incentives for Range Rover Velar P250 R Dynamic S for zip code 43017

    36/15
    .00052 MF and 55% residual
    No lease incentives

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  • NepsterNepster Member Posts: 12
    edited May 2020
    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives
  • MichaellMichaell Moderator Posts: 259,718
    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?

    Edmunds Price Checker
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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 / 2024 Kia Sportage Hybrid SX Prestige

  • NepsterNepster Member Posts: 12
    Michaell said:

    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?
    250 please
  • MichaellMichaell Moderator Posts: 259,718
    Nepster said:

    Michaell said:

    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?
    250 please
    .00052 and 57%

    There will be an adjustment to the residual for the miles on it, but we don't know the formula.

    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 / 2024 Kia Sportage Hybrid SX Prestige

  • NepsterNepster Member Posts: 12
    Michaell said:

    Nepster said:

    Michaell said:

    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?
    250 please
    .00052 and 57%

    There will be an adjustment to the residual for the miles on it, but we don't know the formula.
    Thank you, may be i can use the leasehackr calculator to find that..still learning..finding the best dear..first lease of my life
  • MichaellMichaell Moderator Posts: 259,718
    Nepster said:

    Michaell said:

    Nepster said:

    Michaell said:

    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?
    250 please
    .00052 and 57%

    There will be an adjustment to the residual for the miles on it, but we don't know the formula.
    Thank you, may be i can use the leasehackr calculator to find that..still learning..finding the best dear..first lease of my life
    Whatever the method is, it is set by the bank, so there would be no reason for the dealer to hide that information from you.

    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 / 2024 Kia Sportage Hybrid SX Prestige

  • dentru26dentru26 Member Posts: 15
    Michaell said:

    dentru26 said:

    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?

    Here’s what the dealer came back with
    For the 36mos/10k lease on the P250S

    Sale price: 51,007
    MF: 0.00176
    Residual: 59%

    2500 drive out includes first month payment+fees/insurance/taxes(461)+cap reduction (1362)

    The MF is way jacked up the base you provided. :(
    Which is typical for a LR dealer.

    Is there another brand that interests you?
    Just wanted to update , I finally closed the deal yesterday on this with 2500 drive-off(includes first month payment) and $608(inc tax) monthly payment. They were really wanting to make their May numbers :) - not sure if this is the best deal but better than where we were :)
  • MichaellMichaell Moderator Posts: 259,718
    dentru26 said:

    Michaell said:

    dentru26 said:

    dentru26 said:

    Michaell said:

    dentru26 said:

    Hi, appreciate all the inputs you are providing! I am looking for MF and Residual for the 2020 P250 S Velar for 36/39 months for 10K. Dealership is located at 77450( but I am not- does that matter? My zip is 78749)

    Dealership gave this quote for 36Months/10k :
    2500 down/- 703/monthly

    39months/10k:
    2500 down/ - 677/monthly

    Any suggestions/ feedback on how good is this and what MF and Residual should they be quoting?

    .00073 and 60%
    .00076 and 59%

    LR numbers are national.

    What is the MSRP and selling price for those quotes?
    What does the $2500 up front cover, specifically?


    Thanks Michaell! I am trying to get that info from the dealer- they didn’t really share much. For purchase option though their MSRP was 57325 and Sale price was 51406. But I assume the corresponding lease numbers would be different.?

    Here’s what the dealer came back with
    For the 36mos/10k lease on the P250S

    Sale price: 51,007
    MF: 0.00176
    Residual: 59%

    2500 drive out includes first month payment+fees/insurance/taxes(461)+cap reduction (1362)

    The MF is way jacked up the base you provided. :(
    Which is typical for a LR dealer.

    Is there another brand that interests you?
    Just wanted to update , I finally closed the deal yesterday on this with 2500 drive-off(includes first month payment) and $608(inc tax) monthly payment. They were really wanting to make their May numbers :) - not sure if this is the best deal but better than where we were :)
    Congrats!

    Thanks for the report!

    Edmunds Price Checker
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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 / 2024 Kia Sportage Hybrid SX Prestige

  • NepsterNepster Member Posts: 12
    Nepster said:

    Michaell said:

    Nepster said:

    Michaell said:

    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?
    250 please
    .00052 and 57%

    There will be an adjustment to the residual for the miles on it, but we don't know the formula.
    Thank you, may be i can use the leasehackr calculator to find that..still learning..finding the best dear..first lease of my life
    Do numbers change for June, If Yes, Can i get the MF and RV for 2020 Velar R dynamic loaner for 36/12 miles Zip 29708
  • MichaellMichaell Moderator Posts: 259,718
    Nepster said:

    Nepster said:

    Michaell said:

    Nepster said:

    Michaell said:

    Nepster said:

    Hi All,

    Can i get thr MF and RV for 2020 Velar R dynamic loaner for 36/12 miles. Zip 29708.

    Also if any incentives

    250, 340 or 380?
    250 please
    .00052 and 57%

    There will be an adjustment to the residual for the miles on it, but we don't know the formula.
    Thank you, may be i can use the leasehackr calculator to find that..still learning..finding the best dear..first lease of my life
    Do numbers change for June, If Yes, Can i get the MF and RV for 2020 Velar R dynamic loaner for 36/12 miles Zip 29708
    No change from last month.

    Edmunds Price Checker
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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 / 2024 Kia Sportage Hybrid SX Prestige

  • napleswildcatnapleswildcat Member Posts: 45
    Hi. Can I get the RV, MF and Incentives for Velar P250 S for 34113?
    36/10 and 36/12
  • MichaellMichaell Moderator Posts: 259,718

    Hi. Can I get the RV, MF and Incentives for Velar P250 S for 34113?
    36/10 and 36/12

    36/12
    .00073 and 59%
    No incentives

    Edmunds Price Checker
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  • edloseeedlosee Member Posts: 9
    Could I get the MF, residual, and any incentives for a 2020 Velar P250 for 36/15 or even 39/15 in 78758?
  • kyfdxkyfdx Moderator Posts: 261,903
    edlosee said:

    Could I get the MF, residual, and any incentives for a 2020 Velar P250 for 36/15 or even 39/15 in 78758?

    36/15: .00073 MF and 57% residual
    39/15: .00078 MF and 56% residual

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  • hottdogg4kidshottdogg4kids Member Posts: 23
    Can i get the MF and RV for 2020 Velar P 250 R dynamic loaner for 36/12 miles Zip Code 20874
  • MichaellMichaell Moderator Posts: 259,718

    Can i get the MF and RV for 2020 Velar P 250 R dynamic loaner for 36/12 miles Zip Code 20874

    .00052 and 57%

    Edmunds Price Checker
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  • edloseeedlosee Member Posts: 9
    This is what a dealer came to me with after a lot of back and forth (I'm in Texas, so the tax is a big factor in total payments):

    39/15
    MSRP: $64,750
    Residual: 54%
    MF: 0.00107
    Sale price: $63,000
    Tax credits: ~$3,100
    Free powder coat of wheels: $1,200 dealer price, ~$5-600 elsewhere
    Total monthly payment: $885

    I was happy about the tax credits which brought the total monthly way down, but I wasn't too happy with the sale price. I final offered $60,750 which they rejected and I told them to contact me if they change their mind.

    Was the offer from the dealer that we initially settled on a good deal and should I go back to them for that offer?
    Or did I make the smart choice and should stick with my lower "take it or leave it" price?

    I really do want the car, but ~3% off MSRP seems kind of ridiculous.
  • MichaellMichaell Moderator Posts: 259,718
    edlosee said:

    This is what a dealer came to me with after a lot of back and forth (I'm in Texas, so the tax is a big factor in total payments):

    39/15
    MSRP: $64,750
    Residual: 54%
    MF: 0.00107
    Sale price: $63,000
    Tax credits: ~$3,100
    Free powder coat of wheels: $1,200 dealer price, ~$5-600 elsewhere
    Total monthly payment: $885

    I was happy about the tax credits which brought the total monthly way down, but I wasn't too happy with the sale price. I final offered $60,750 which they rejected and I told them to contact me if they change their mind.

    Was the offer from the dealer that we initially settled on a good deal and should I go back to them for that offer?
    Or did I make the smart choice and should stick with my lower "take it or leave it" price?

    I really do want the car, but ~3% off MSRP seems kind of ridiculous.

    Miniscule discounts are the MO of most LR dealers.

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  • edloseeedlosee Member Posts: 9
    So what you're saying is... this actually isn't that bad of a deal considering I still got $1,750 off MSRP, free powder coating on the wheels, and a $3,000+ tax credit?
  • MichaellMichaell Moderator Posts: 259,718
    edlosee said:

    So what you're saying is... this actually isn't that bad of a deal considering I still got $1,750 off MSRP, free powder coating on the wheels, and a $3,000+ tax credit?

    I didn't say that, at all.

    LR dealers are allergic to discounting, compared to other brands.

    Tax credits absolutely help with the overall deal, but you can get that with other brands, as well.

    Not sure how far you're willing to travel, but shopping other dealers to make sure you're geting the best price can't hurt.

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  • shayan9199shayan9199 Member Posts: 5
    Hi,

    Can I get residual and MF for a 2020 Land Rover Range Rover Velar P250 S - zip code 60026
    36/12 ?

    Thank you!
  • shayan9199shayan9199 Member Posts: 5
    Its a courtesy loaner - sorry forgot to mention that! has roughly 1000 miles on it currently.
  • MichaellMichaell Moderator Posts: 259,718

    Hi,

    Can I get residual and MF for a 2020 Land Rover Range Rover Velar P250 S - zip code 60026
    36/12 ?

    Thank you!

    Its a courtesy loaner - sorry forgot to mention that! has roughly 1000 miles on it currently.

    .00073 and 59%
    No incentives

    There will be an adjustment to the residual for the miles, but we don't know how LR does that.

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  • toemas_toemas_ Member Posts: 7
    edited June 2020
    Hi, looking for the MF and residual for the Velar R-Dynamic AWD P250. Area code 11793, 36/10k and 39/10k. Thank you.
  • MichaellMichaell Moderator Posts: 259,718
    toemas_ said:

    Hi, looking for the MF and residual for the Velar R-Dynamic AWD P250. Area code 11793, 36/10k and 39/10k. Thank you.

    .00052 and 58%
    .00057 and 57%

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  • penn2penn2 Member Posts: 128
    Hi - looking for MF/RV on 20 Velar 340 @ 36/10K. Thank you!
  • MichaellMichaell Moderator Posts: 259,718
    penn2 said:

    Hi - looking for MF/RV on 20 Velar 340 @ 36/10K. Thank you!

    What happened to the Q8 deal you were working on?

    340 S?
    340 R-Dynamic S?

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  • penn2penn2 Member Posts: 128
    Q8 Still in play - the Velar is second option; and sorry for missing model; it is 340 S but since you mention it, can I also have MF/RV for the 340 R-Dynamic ? Thank you !
  • kyfdxkyfdx Moderator Posts: 261,903
    penn2 said:

    Q8 Still in play - the Velar is second option; and sorry for missing model; it is 340 S but since you mention it, can I also have MF/RV for the 340 R-Dynamic ? Thank you !

    S: .00046 MF and 59% residual
    RDyn S: .00024 MF and 57% residual

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  • penn2penn2 Member Posts: 128
    Hi - one other follow-on if you don't mind....what would MF/RV for 380 R Dynamic @ 36/10? thanks!
  • kyfdxkyfdx Moderator Posts: 261,903
    penn2 said:

    Hi - one other follow-on if you don't mind....what would MF/RV for 380 R Dynamic @ 36/10? thanks!

    .00001 MF and 56% residual
    $2150 dealer lease cash

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  • edloseeedlosee Member Posts: 9
    Thought I'd come back to share since some advice did help me make a decision on a good deal/bad deal.

    Got a 2020 Velar R-Dynamic P250 S w/ almost fully loaded options + free powder coat on the wheels ($1,200 dealer cost) for $909/month in Texas. All taxes and fees included, 0 down.
    MSRP was right under $71,000.

    Might not be the best deal possible in general, but from what I've found on Range Rovers and their tiiiiiny discounts (if at all), I thought I did pretty well.
  • kyfdxkyfdx Moderator Posts: 261,903
    edlosee said:

    Thought I'd come back to share since some advice did help me make a decision on a good deal/bad deal.

    Got a 2020 Velar R-Dynamic P250 S w/ almost fully loaded options + free powder coat on the wheels ($1,200 dealer cost) for $909/month in Texas. All taxes and fees included, 0 down.
    MSRP was right under $71,000.

    Might not be the best deal possible in general, but from what I've found on Range Rovers and their tiiiiiny discounts (if at all), I thought I did pretty well.

    Congrats! Thanks for the report.

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  • RnZ1049RnZ1049 Member Posts: 1
    Hello! - looking for MF/RV on 2020 Velar P340 R-Dynamic S 36mo-15k. Zip 71109. MSRP about $76k. Thanks in advance for your help!!
  • kyfdxkyfdx Moderator Posts: 261,903
    RnZ1049 said:

    Hello! - looking for MF/RV on 2020 Velar P340 R-Dynamic S 36mo-15k. Zip 71109. MSRP about $76k. Thanks in advance for your help!!

    .00024 MF and 54% residual

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  • bahamayell911bahamayell911 Member Posts: 4
    What kind of percentage discount off of MSRP should I be shooting for on my 2020 Velar? i.e does Range Rover discount the same way BMW and Mercedes does, which are both in the neighborhood of 8 to 10% Off MSRP
  • kyfdxkyfdx Moderator Posts: 261,903

    What kind of percentage discount off of MSRP should I be shooting for on my 2020 Velar? i.e does Range Rover discount the same way BMW and Mercedes does, which are both in the neighborhood of 8 to 10% Off MSRP

    We don't track pricing.

    If Edmunds has information, it would be here:
    https://www.edmunds.com/new-cars/

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  • itserniee7itserniee7 Member Posts: 16
    edited June 2020
    Hello, my wife is in the market for a 2020 velar P250 or a P340 both R Dynamic S. 39months 12k. Can I please have the money factor and residual value for both. Zip code 11554. Any incentives available? Thanks in advance
  • kyfdxkyfdx Moderator Posts: 261,903

    Hello, my wife is in the market for a 2020 velar P250 or a P340 both R Dynamic S. 39months 12k. Can I please have the money factor and residual value for both. Zip code 11554. Any incentives available? Thanks in advance

    250: .00052 MF and 57% residual
    340: .00024 MF and 56% residual

    No lease incentives

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  • itserniee7itserniee7 Member Posts: 16
    Would a loaner have a different MF and RV? MSRP of $66,073 As per the sales person the selling price is 57,936. With plugging in the numbers with 4,500 total due at signing i am getting $555, but was quoted $649 by the dealer
  • kyfdxkyfdx Moderator Posts: 261,903

    Would a loaner have a different MF and RV? MSRP of $66,073 As per the sales person the selling price is 57,936. With plugging in the numbers with 4,500 total due at signing i am getting $555, but was quoted $649 by the dealer

    There could be a residual adjustment downward, to account for the mileage.

    Also, the dealer could be marking up the money factor.

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