2020 Land Rover Range Rover Velar Lease Deals and Prices

Michaell · May 2020

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.

dentru26 · May 2020

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.

Michaell · May 2020

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?

dentru26 · May 2020

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.

Michaell · May 2020

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.

Ambientnoise · May 2020

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

kyfdx · May 2020

Ambientnoise said:
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

Gamer614 · May 2020

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

kyfdx · May 2020

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

Nepster · 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

Michaell · May 2020

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?

Nepster · May 2020

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

Michaell · May 2020

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.

Nepster · May 2020

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

Michaell · May 2020

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.

dentru26 · May 2020

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

Michaell · May 2020

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!

Nepster · June 2020

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

Michaell · June 2020

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.

napleswildcat · June 2020

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

Michaell · June 2020

napleswildcat said:
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

edlosee · June 2020

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

kyfdx · June 2020

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

hottdogg4kids · June 2020

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

Michaell · June 2020

hottdogg4kids said:
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%

edlosee · June 2020

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.

Michaell · June 2020

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.

edlosee · June 2020

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?

Michaell · June 2020

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.

shayan9199 · June 2020

Hi,

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

Thank you!

shayan9199 · June 2020

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

Michaell · June 2020

shayan9199 said:
Hi,

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

Thank you!

shayan9199 said:
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.

toemas_ · 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.

Michaell · June 2020

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%

penn2 · June 2020

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

Michaell · June 2020

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?

penn2 · June 2020

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 !

kyfdx · June 2020

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

penn2 · June 2020

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

kyfdx · June 2020

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

edlosee · June 2020

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.

kyfdx · June 2020

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.

RnZ1049 · June 2020

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!!

kyfdx · June 2020

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

bahamayell911 · June 2020

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

kyfdx · June 2020

bahamayell911 said:
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/

itserniee7 · 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

kyfdx · June 2020

itserniee7 said:
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

itserniee7 · June 2020

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

kyfdx · June 2020

itserniee7 said:
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.

2020 Land Rover Range Rover Velar Lease Deals and Prices

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