2021 Range Rover Sport HSE Silver

NMM95NMM95 Member Posts: 8
edited January 2021 in Land Rover
Can you please provide thoughts on quote below:

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  • MichaellMichaell Moderator Posts: 268,022
    NMM95 said:

    Can you please provide thoughts on quote below:

    MHEV, PHEV or Diesel?

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  • NMM95NMM95 Member Posts: 8
    MHEV
  • MichaellMichaell Moderator Posts: 268,022
    NMM95 said:

    MHEV

    36/12
    .00070 and 56%

    What is your location?

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  • NMM95NMM95 Member Posts: 8
    20905
  • MichaellMichaell Moderator Posts: 268,022
    Michaell said:

    NMM95 said:

    MHEV

    36/12
    .00070 and 56%

    What is your location?
    NMM95 said:

    20905

    So, using the prices on the right, with the base MF and residual, I get $1368/mo, assuming first payment only due at signing.

    With $3000 up front, I'd expect the payment to be a bit lower - confirm both the adjusted cap cost and the MF the dealer is using for their quote.

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  • NMM95NMM95 Member Posts: 8
    Thank you so much!! Stupid question -- who sets the money factor and how do I push back if dealer is presenting a different number from the one that you have quoted?
  • MichaellMichaell Moderator Posts: 268,022
    NMM95 said:

    Thank you so much!! Stupid question -- who sets the money factor and how do I push back if dealer is presenting a different number from the one that you have quoted?

    The bank sets the base MF, that I've quoted you.

    The dealer has the authority to mark up that number for extra money in their pocket; most LR dealers do this.

    Insist on the base rate, or shop elsewhere - or, shop a different brand.

    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!


    MODERATOR

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

  • NMM95NMM95 Member Posts: 8
    Michaell said:

    NMM95 said:

    Thank you so much!! Stupid question -- who sets the money factor and how do I push back if dealer is presenting a different number from the one that you have quoted?

    The bank sets the base MF, that I've quoted you.

    The dealer has the authority to mark up that number for extra money in their pocket; most LR dealers do this.

    Insist on the base rate, or shop elsewhere - or, shop a different brand.
    Thank you!!!
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