2020 Land Rover Range Rover Velar Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 259,729

    Thank you - could you give me the same for a P250 S R-Dyn in zip code 19090

    36/10

    .00001 and 57%

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  • 612man612man Member Posts: 4
    Hello, Could I get the numbers for P250 velar S and R Dynamic, 39 month 10,000 miles? Thank you!
  • MichaellMichaell Moderator Posts: 259,729
    612man said:

    Hello, Could I get the numbers for P250 velar S and R Dynamic, 39 month 10,000 miles? Thank you!

    250 S - .00026 and 58%
    250 R-Dyn S - .00008 and 56%

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  • 612man612man Member Posts: 4
    Hi there, here is my calculation based on your numbers, and the quote I got from the dealer in MN for 39 month, 10,000 miles. My numbers dont quite match up! We did use the same residual and I assume MF is high, but what else did I miss? I thought in MN we pay tax on the monthly charge, not an upfront charge?

    Dealer:
    MSPR 63893
    Discount $1200
    DMV and doc fees $876.75
    Tax $4095.05
    Total Due: $67,664.80
    $3000 cash at signing= $793 month

    My calculation:
    MSRP 63893
    MF 0.0002
    Residual 0.58
    Residual value 37057.94
    Discount 1200
    selling price 62693
    cap cost 60569.75
    Fees 876.75
    down payment 3000
    depreciation 23511.81
    39 month 602.8669231
    finance charge 19.525538
    base monthly 622.3924611
    MN tax 7.125
    monthly 666.7379239




  • kyfdxkyfdx Moderator Posts: 261,903
    612man said:

    Hi there, here is my calculation based on your numbers, and the quote I got from the dealer in MN for 39 month, 10,000 miles. My numbers dont quite match up! We did use the same residual and I assume MF is high, but what else did I miss? I thought in MN we pay tax on the monthly charge, not an upfront charge?

    Dealer:
    MSPR 63893
    Discount $1200
    DMV and doc fees $876.75
    Tax $4095.05
    Total Due: $67,664.80
    $3000 cash at signing= $793 month

    My calculation:
    MSRP 63893
    MF 0.0002
    Residual 0.58
    Residual value 37057.94
    Discount 1200
    selling price 62693
    cap cost 60569.75
    Fees 876.75
    down payment 3000
    depreciation 23511.81
    39 month 602.8669231
    finance charge 19.525538
    base monthly 622.3924611
    MN tax 7.125
    monthly 666.7379239




    I think MN bases sales tax on the payments, but collects it all upfront.
    It is likely that the "Total Due" is based on a purchase, and the tax number given is not reflective of the actual tax levied on the lease. You'll notice that they didn't mention the acquisition fee, either.

    As far as your calculation:
    You have to account for the acquisition fee, doc and DMV, and first payment out of the $3000. That isn't going to leave much for CAP reduction.

    If you want to see where your money is going, you need to see a screenshot of the computer, with input from this deal.

    Also, less than 2% discount.. shew.

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  • oka7oka7 Member Posts: 4
    Hello. I am looking for the money factor and residual value for a 2020 Range Rover P250 Velar S 36 months/15,000 miles. Zip code: 92014. Thank you!
  • MichaellMichaell Moderator Posts: 259,729
    oka7 said:

    Hello. I am looking for the money factor and residual value for a 2020 Range Rover P250 Velar S 36 months/15,000 miles. Zip code: 92014. Thank you!

    .00021 and 56%

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  • ApexBlueApexBlue Member Posts: 17
    Could I please have the RV, MF, and any incentives for 2020 Range Rover P250 Velar S, zip code 92008/92126 (if they're different?):

    36/10 and 39/10

    Thank you!
  • kyfdxkyfdx Moderator Posts: 261,903
    ApexBlue said:

    Could I please have the RV, MF, and any incentives for 2020 Range Rover P250 Velar S, zip code 92008/92126 (if they're different?):

    36/10 and 39/10

    Thank you!

    .00021 MF and 59% residual
    .00026 MF and 58% residual

    No lease incentives

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  • ApexBlueApexBlue Member Posts: 17
    kyfdx said:

    ApexBlue said:

    Could I please have the RV, MF, and any incentives for 2020 Range Rover P250 Velar S, zip code 92008/92126 (if they're different?):

    36/10 and 39/10

    Thank you!

    .00021 MF and 59% residual
    .00026 MF and 58% residual

    No lease incentives
    Thanks Kyfdx, could I please have the mf/rv numbers for a 24 month term / 10k mileage for same vehicle/zip? I know this is typically taboo for the LR brand.
  • MichaellMichaell Moderator Posts: 259,729
    ApexBlue said:

    kyfdx said:

    ApexBlue said:

    Could I please have the RV, MF, and any incentives for 2020 Range Rover P250 Velar S, zip code 92008/92126 (if they're different?):

    36/10 and 39/10

    Thank you!

    .00021 MF and 59% residual
    .00026 MF and 58% residual

    No lease incentives
    Thanks Kyfdx, could I please have the mf/rv numbers for a 24 month term / 10k mileage for same vehicle/zip? I know this is typically taboo for the LR brand.
    For good reason:
    .00125 and 62%

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  • vvk826vvk826 Member Posts: 14
    Hi may I please have the MF, RV, and Incentives for a Velar SV Autobiography in ZIP 94595? 33/36/39 and 10/12k please.
  • MichaellMichaell Moderator Posts: 259,729
    vvk826 said:

    Hi may I please have the MF, RV, and Incentives for a Velar SV Autobiography in ZIP 94595? 33/36/39 and 10/12k please.

    .00122 MF
    50% / 49% / 48% for 33/36/39 and 12K

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  • Jac2020Jac2020 Member Posts: 11
    Hello, can you please provide the money factor, residual value and any incentives for a 2020 Range Rover Velar P250 S for 36 months/10,000 miles. Zip code: 60415. It's a demo vehicle with 5,072 miles, if that is a factor as well. Appreciate the help!!
  • kyfdxkyfdx Moderator Posts: 261,903
    Jac2020 said:

    Hello, can you please provide the money factor, residual value and any incentives for a 2020 Range Rover Velar P250 S for 36 months/10,000 miles. Zip code: 60415. It's a demo vehicle with 5,072 miles, if that is a factor as well. Appreciate the help!!

    New
    .00021 MF and 60% residual

    We don't know how LR adjusts for loaners.

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  • LoGiKLoGiK Member Posts: 96
    Hi,

    Can I please have MF, RV, and Incentives for P250 S and R-Dynamic for 36/10k and 39/10k. Zip-code is 33015

    Thank you.
  • kyfdxkyfdx Moderator Posts: 261,903
    LoGiK said:

    Hi,

    Can I please have MF, RV, and Incentives for P250 S and R-Dynamic for 36/10k and 39/10k. Zip-code is 33015

    Thank you.

    S
    .00021 MF and 59% residual
    .00026 MF and 58% residual

    RDyn S
    .00001 MF and 57% residual
    .00008 MF and 56% residual

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  • chrisbillychrisbilly Member Posts: 7
    Hi - Can I please have MF, RV, and Incentives for;

    P250 S R-Dyn 36/12 and 36/15
    P340 S 36/12 and 36/15
    zip is 02882

    Thank you!
  • kyfdxkyfdx Moderator Posts: 261,903

    Hi - Can I please have MF, RV, and Incentives for;

    P250 S R-Dyn 36/12 and 36/15
    P340 S 36/12 and 36/15
    zip is 02882

    Thank you!

    36/15

    .00001 MF and 54% residual
    .00001 MF and 55% residual. $125 dealer lease cash

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  • EMarie27EMarie27 Member Posts: 1
    Hi there- I’m looking for the RV, MF, and Incentives for the following:

    2020 P250 S Loaner Vehicle with 3,825 miles:
    36/12 and 36/10
    24/12 and 24/10
    Zip: 85250 and 85705

    Thank you!
  • kyfdxkyfdx Moderator Posts: 261,903
    EMarie27 said:

    Hi there- I’m looking for the RV, MF, and Incentives for the following:

    2020 P250 S Loaner Vehicle with 3,825 miles:
    36/12 and 36/10
    24/12 and 24/10
    Zip: 85250 and 85705

    Thank you!

    New
    24/12: .00122 MF and 61% residual
    36/12: .00019 MF and 58% residual

    No lease incentives

    We don't know how LR handles loaners.

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  • miguellozamiguelloza Member Posts: 45
    edited August 2020
    Hello. Can I please have MF, RV, and Incentives for the following...

    P250 S R-Dyn 36/10 and 39/10
    P250 S R-Dyn 36/7500 and 39/7500

    P250 S 36/10 and 39/10
    P250 S 36/7500 and 39/7500

    90604

    Thank you.
  • kyfdxkyfdx Moderator Posts: 261,903

    Hello. Can I please have MF, RV, and Incentives for the following...

    P250 S R-Dyn 36/10 and 39/10
    P250 S R-Dyn 36/7500 and 39/7500

    P250 S 36/10 and 39/10
    P250 S 36/7500 and 39/7500

    90604

    Thank you.

    RDyn S
    36/10: .00001 MF and 57% residual
    39/10: .00007 MF and 56% residual

    S
    .00019 MF and 59% residual
    .00025 MF and 58% residual

    Add 1% for 7.5K/yr

    No lease incentives

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  • miguellozamiguelloza Member Posts: 45
    MSRP $71,788
    Selling Price $70,288
    Zipcode: 92509
    39/10
    MF .00007
    RV 56%
    DAS $1,699
    Payment $864

    Thoughts? Thank you.
  • kyfdxkyfdx Moderator Posts: 261,903

    MSRP $71,788
    Selling Price $70,288
    Zipcode: 92509
    39/10
    MF .00007
    RV 56%
    DAS $1,699
    Payment $864

    Thoughts? Thank you.

    For a LR dealer, that's a decent quote.

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  • miguellozamiguelloza Member Posts: 45
    Thank you. Is it true they're notorious for not discounting MSRP?
  • kyfdxkyfdx Moderator Posts: 261,903

    Thank you. Is it true they're notorious for not discounting MSRP?

    Yes

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  • miguellozamiguelloza Member Posts: 45
    kyfdx said:

    Hello. Can I please have MF, RV, and Incentives for the following...

    P250 S R-Dyn 36/10 and 39/10
    P250 S R-Dyn 36/7500 and 39/7500

    P250 S 36/10 and 39/10
    P250 S 36/7500 and 39/7500

    90604

    Thank you.

    RDyn S
    36/10: .00001 MF and 57% residual
    39/10: .00007 MF and 56% residual

    S
    .00019 MF and 59% residual
    .00025 MF and 58% residual

    Add 1% for 7.5K/yr

    No lease incentives
    Has anything changed for August?
  • MichaellMichaell Moderator Posts: 259,729

    kyfdx said:

    Hello. Can I please have MF, RV, and Incentives for the following...

    P250 S R-Dyn 36/10 and 39/10
    P250 S R-Dyn 36/7500 and 39/7500

    P250 S 36/10 and 39/10
    P250 S 36/7500 and 39/7500

    90604

    Thank you.

    RDyn S
    36/10: .00001 MF and 57% residual
    39/10: .00007 MF and 56% residual

    S
    .00019 MF and 59% residual
    .00025 MF and 58% residual

    Add 1% for 7.5K/yr

    No lease incentives
    Has anything changed for August?
    Nope

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  • eyeheartnyeyeheartny Member Posts: 22
    edited August 2020
    May I please have the RV/MF/incentives for 2020 Velar P250 in 92103, 36/10k?
  • kyfdxkyfdx Moderator Posts: 261,903

    May I please have the RV/MF/incentives for 2020 Velar P250 in 92103, 36/10k?

    P250 S
    .00019 MF and 59% residual

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  • MJOPMJOP Member Posts: 42
    Hello, can you please provide the money factor, residual value and any incentives for a 2020 Range Rover Velar P340 S for 36 months/10,000 miles. and 39mo / 12k mi - Zip code: 30306
  • MichaellMichaell Moderator Posts: 259,729
    MJOP said:

    Hello, can you please provide the money factor, residual value and any incentives for a 2020 Range Rover Velar P340 S for 36 months/10,000 miles. and 39mo / 12k mi - Zip code: 30306

    36/12 - .00001 and 57%
    39/12 - .00008 and 56%
    $200 incentive

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  • tko117tko117 Member Posts: 1
    edited August 2020
    Hello, Can you please provide the MF, RV and any incentives for a 2020 Range Rover Velar

    P250 S - 36/10 and 39/10
    P250 S R-DYN - 36/10 and 39/10

    Zip Code: 07024 and 10019

    Thank you
  • kyfdxkyfdx Moderator Posts: 261,903
    tko117 said:

    Hello, Can you please provide the MF, RV and any incentives for a 2020 Range Rover Velar

    P250 S - 36/10 and 39/10
    P250 S R-DYN - 36/10 and 39/10

    Zip Code: 07024 and 10019

    Thank you

    S
    .00019 MF and 59% residual
    .00025 MF and 58% residual

    S R-DYN
    .00001 MF and 57% residual
    .00007 MF and 56% residual

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  • scancellscancell Member Posts: 24
    Could you please provide the MF and RV for 2020 P250 S 36/12
  • kyfdxkyfdx Moderator Posts: 261,903
    scancell said:

    Could you please provide the MF and RV for 2020 P250 S 36/12

    .00019 MF and 58% residual

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  • MetsfaninATLMetsfaninATL Member Posts: 12
    Good evening. Could I get the MF, Residual and incentives on a Velar p250s and Velar V6S for 36 months/10k miles a year in zip code #30312. Is 39 months a better lease length for Land Rover leases? If so then 39 months instead of 36.
  • kyfdxkyfdx Moderator Posts: 261,903

    Good evening. Could I get the MF, Residual and incentives on a Velar p250s and Velar V6S for 36 months/10k miles a year in zip code #30312. Is 39 months a better lease length for Land Rover leases? If so then 39 months instead of 36.

    39/10

    250 S: .00025 MF and 58% residual

    340 S: .00008 MF and 57% residual. $200 dealer lease cash

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  • Serena617Serena617 Member Posts: 25
    Hi everyone! Hope ya well.

    I would like to lease an EVOQUE or VELAR. Could I please get the MF, Residual, and any rebate/incentives for both 01960 or 02128 - Boston, Ma?

    Thank you so much
  • MichaellMichaell Moderator Posts: 259,729
    Serena617 said:

    Hi everyone! Hope ya well.

    I would like to lease an EVOQUE or VELAR. Could I please get the MF, Residual, and any rebate/incentives for both 01960 or 02128 - Boston, Ma?

    Thank you so much

    What trim of Velar?
    What lease term and how many miles per year?

    Please post Evoque lease questions 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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  • MetsfaninATLMetsfaninATL Member Posts: 12
    Thanks for the info!
    kyfdx said:

    Good evening. Could I get the MF, Residual and incentives on a Velar p250s and Velar V6S for 36 months/10k miles a year in zip code #30312. Is 39 months a better lease length for Land Rover leases? If so then 39 months instead of 36.

    39/10

    250 S: .00025 MF and 58% residual

    340 S: .00008 MF and 57% residual. $200 dealer lease cash
  • martni17martni17 Member Posts: 46
    Can I get MF and RV for velar p250 r dynamic s 36/12 and 36/15 in 60586
  • kyfdxkyfdx Moderator Posts: 261,903
    martni17 said:

    Can I get MF and RV for velar p250 r dynamic s 36/12 and 36/15 in 60586

    36/15
    .00001 MF and 54% residual

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  • AEberhardAEberhard Member Posts: 44
    Hi there! Looking for MF, RV, and lease cash/incentives (for August or September, if available) for VELAR S 2.0L P250 i4 gas for 36/10k for zip 33704. Thanks in advance!
  • MichaellMichaell Moderator Posts: 259,729
    AEberhard said:

    Hi there! Looking for MF, RV, and lease cash/incentives (for August or September, if available) for VELAR S 2.0L P250 i4 gas for 36/10k for zip 33704. Thanks in advance!

    .00019 and 59%
    No incentives

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  • buck_rogers1buck_rogers1 Member Posts: 42
    Hi, could you post 36/7.5k numbers for a P250 S in 22181
  • kyfdxkyfdx Moderator Posts: 261,903

    Hi, could you post 36/7.5k numbers for a P250 S in 22181

    .00019 MF and 60% residual

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  • Wranger201Wranger201 Member Posts: 2
    Hi there,

    Long time listener, first time caller -

    Been negotiating with LR here in NorCal for a bit -

    2020 P340 Velar - R Dynamic
    36/12
    MSRP - $75,500.00
    Selling Price - $73.500
    MF - .00057
    Residual is 57%
    5K Down
    94132 ZIP

    Monthly - $848
    W/ Taxes - $921.00

    Told them it was no good and too high, especially the 5K down and 2K discount.

    Came back with $899.00/month with tax, etc.

    Should I continue to push for the reduction in MF if they can do it? or should I be asking for a larger discount? (which I know is scarce)

    Really not liking the 5K down and wanted to get some advice here.

    Thank you!
  • MichaellMichaell Moderator Posts: 259,729

    Hi there,

    Long time listener, first time caller -

    Been negotiating with LR here in NorCal for a bit -

    2020 P340 Velar - R Dynamic
    36/12
    MSRP - $75,500.00
    Selling Price - $73.500
    MF - .00057
    Residual is 57%
    5K Down
    94132 ZIP

    Monthly - $848
    W/ Taxes - $921.00

    Told them it was no good and too high, especially the 5K down and 2K discount.

    Came back with $899.00/month with tax, etc.

    Should I continue to push for the reduction in MF if they can do it? or should I be asking for a larger discount? (which I know is scarce)

    Really not liking the 5K down and wanted to get some advice here.

    Thank you!

    I wouldn't start any lease with $5K out of pocket, nor with a marked up MF.

    Your best bet? Shop a different brand.

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