2021 Land Rover Discovery Sport Lease Deals and Prices

2

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  • HDivaHDiva Member Posts: 6

    Can I get the MF, RV & Incentives on a 2021 Land Rover Discovery Sport SE?

    Zip: 34683
    36mo/10k
    36mo/12k

  • kyfdxkyfdx Moderator Posts: 268,398
    HDiva said:

    Can I get the MF, RV & Incentives on a 2021 Land Rover Discovery Sport SE?

    Zip: 34683

    36mo/10k

    36mo/12k

    36/12
    .00023 MF and 58% residual
    No lease incentives

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  • LoGarciaLoGarcia Member Posts: 11

    Can you please provide MF and residual for
    Lease 2021 Discovery Sport S R-dynamic
    15214
    36 & 39 months / 12k miles

  • MichaellMichaell Moderator Posts: 265,576
    LoGarcia said:

    Can you please provide MF and residual for

    Lease 2021 Discovery Sport S R-dynamic

    15214

    36 & 39 months / 12k miles

    .00023 and 58%
    .00028 and 56%

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  • LoGarciaLoGarcia Member Posts: 11
    Can you please provide MF and residual for

    Lease 2021 Discovery Sport S R-dynamic

    15214

    36 & 39 months / 12k miles
    Michaell said:

    LoGarcia said:

    Can you please provide MF and residual for

    Lease 2021 Discovery Sport S R-dynamic

    15214

    36 & 39 months / 12k miles

    .00023 and 58%
    .00028 and 56%
    Does this change for non R-dynamic models?
  • kyfdxkyfdx Moderator Posts: 268,398
    LoGarcia said:

    Can you please provide MF and residual for

    Lease 2021 Discovery Sport S R-dynamic

    15214

    36 & 39 months / 12k miles

    Michaell said:

    LoGarcia said:

    Can you please provide MF and residual for

    Lease 2021 Discovery Sport S R-dynamic

    15214

    36 & 39 months / 12k miles

    .00023 and 58%
    .00028 and 56%
    Does this change for non R-dynamic models?
    .00039 MF and 59% residual
    .00043 MF and 57% residual

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  • chachachaudhrychachachaudhry Member Posts: 21
    edited July 2021
    Hi,
    May I please get the MF and residual for the following 2021 models:
    - Disco Sport S
    - Disco Sport SE

    60661
    36 & 39 months / 10k miles

    Thank You in advance
  • kyfdxkyfdx Moderator Posts: 268,398

    Hi,
    May I please get the MF and residual for the following:
    - Disco Sport S
    - Disco Sport SE

    60661
    36 & 39 months / 10k miles

    Thank You in advance

    S
    .00039 MF and 60% residual
    .00043 MF and 58% residual

    SE
    .00023 MF and 59% residual
    .00029 MF and 57% residual

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  • DMC27DMC27 Member Posts: 2
    Hello!

    May I please get July MF, Residual, and MRM for a lease on:

    2021 Discovery Sport S
    36mo
    7500 miles/yr, and 5000 miles/yr
    91423

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 268,398
    DMC27 said:

    Hello!

    May I please get July MF, Residual, and MRM for a lease on:

    2021 Discovery Sport S
    36mo
    7500 miles/yr, and 5000 miles/yr
    91423

    Thanks in advance!

    36/7.5
    .00039 MF and 61% residual
    $61750 MRM

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  • DMC27DMC27 Member Posts: 2
    kyfdx said:


    36/7.5
    .00039 MF and 61% residual
    $61750 MRM

    Thanks!!

    Questions -- Where do these numbers come from? And how authoratative are they?

    One dealer is giving me MF of 0.00139, and another is giving me 0.00143 before even checking credit (which is 780). Both dealers are using Chase for leases. Are they just being safe? Will this MF change after chedit check?

    Any recourse to get them to lower the MF?
  • kyfdxkyfdx Moderator Posts: 268,398
    DMC27 said:

    kyfdx said:


    36/7.5
    .00039 MF and 61% residual
    $61750 MRM

    Thanks!!

    Questions -- Where do these numbers come from? And how authoratative are they?

    One dealer is giving me MF of 0.00139, and another is giving me 0.00143 before even checking credit (which is 780). Both dealers are using Chase for leases. Are they just being safe? Will this MF change after chedit check?

    Any recourse to get them to lower the MF?
    The numbers are from Land Rover Financial (aka Chase)

    The dealers are marking up the rate for extra profit.

    The markup is negotiable

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  • fizzlerfizzler Member Posts: 11

    Can you help out with any incentives, residual, MF for a 2021 Discovery Sport S, 36 & 39 months at 12k a year? Zip code is 61525.

    Thanks in advance.

  • MichaellMichaell Moderator Posts: 265,576
    fizzler said:

    Can you help out with any incentives, residual, MF for a 2021 Discovery Sport S, 36 & 39 months at 12k a year? Zip code is 61525.

    Thanks in advance.

    .00039 and 59%
    .00043 and 57%
    No incentives

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  • bburkart83bburkart83 Member Posts: 2
    Hi, Looking for the MF, RV, and incentives for 2021 Discovery Sport SE?
    36/12k
    zip 82009
    Thank you.
  • MichaellMichaell Moderator Posts: 265,576

    Hi, Looking for the MF, RV, and incentives for 2021 Discovery Sport SE?
    36/12k
    zip 82009
    Thank you.

    .00023 MF and 58% RV
    No incentives

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  • p38ownerp38owner Member Posts: 34
    Target Vehicle: 2021 Discovery Sport SE, MSRP: $50,830 discounted by $5k and offered at $45,830, plus Tax, Title, etc.

    Need MF & RV at 39 months/10k Miles & 7.5K Miles--44145

    Currently on last few months of 39/10k Lease on '17 Disco Sport HSE, extended +6 Months due to COVID. LR Financial (Chase) provided Payoff of $26,756. for '17 (includes tax).

    Would like to use '17 to lower Lease on '21.

    Quotes from CarMax: $27k; Edmunds: $28,587; Dealer Retail Value: $34,742; Private Party Value: $31,635.

    What steps to lower lease on '21 using '17 HSE?

    Thank you.

  • kyfdxkyfdx Moderator Posts: 268,398
    p38owner said:

    Target Vehicle: 2021 Discovery Sport SE, MSRP: $50,830 discounted by $5k and offered at $45,830, plus Tax, Title, etc.

    Need MF & RV at 39 months/10k Miles & 7.5K Miles--44145

    Currently on last few months of 39/10k Lease on '17 Disco Sport HSE, extended +6 Months due to COVID. LR Financial (Chase) provided Payoff of $26,756. for '17 (includes tax).

    Would like to use '17 to lower Lease on '21.

    Quotes from CarMax: $27k; Edmunds: $28,587; Dealer Retail Value: $34,742; Private Party Value: $31,635.

    What steps to lower lease on '21 using '17 HSE?

    Thank you.

    39/10
    .00029 MF and 57% residual
    No lease incentives

    Your quotes aren't much above payoff. Seems unlikely the dealer will make any offers that will result in positive equity for you, but it doesn't hurt to ask.

    If you decide to sell to Carmax, or another third party, make sure that entity tells you the payoff before agreeing to the deal. Their payoff of your lease might be different from your payoff.

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  • p38ownerp38owner Member Posts: 34
    RE: Previous Posting for Lease on '21 SE...

    Dealer MF increased due to "date vehicle put in service as a Courtesy Vehicle". Same for RV to 52%

    Listed on Website as "New". Dealership Manager stated on phone call that vehicle has never been Titled...

    Wouldn't share any '17 equity, offering only $45.00 over Actual Chase Payoff + Taxes amount.

    He did have the appropriate Brit accent, however. : 0
  • kyfdxkyfdx Moderator Posts: 268,398
    edited August 2021
    p38owner said:

    RE: Previous Posting for Lease on '21 SE...

    Dealer MF increased due to "date vehicle put in service as a Courtesy Vehicle". Same for RV to 52%

    Listed on Website as "New". Dealership Manager stated on phone call that vehicle has never been Titled...

    Wouldn't share any '17 equity, offering only $45.00 over Actual Chase Payoff + Taxes amount.

    He did have the appropriate Brit accent, however. : 0

    Thanks for the update

    BTW, sales taxes aren't paid, if the dealer buys out your lease. There might be some equity in there for you.

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  • p38ownerp38owner Member Posts: 34
    Tip pays off... sharing your equity info with same dealer and they concurred with a drop in monthly lease quote of $60.00 + if the dealership were to purchase the vehicle for a Trade.

    Still have Inflated MF and deflated RV issues. Is August a Sales Quota month, typically?
  • kyfdxkyfdx Moderator Posts: 268,398
    p38owner said:

    Tip pays off... sharing your equity info with same dealer and they concurred with a drop in monthly lease quote of $60.00 + if the dealership were to purchase the vehicle for a Trade.

    Still have Inflated MF and deflated RV issues. Is August a Sales Quota month, typically?

    I don't know what that means.

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  • p38ownerp38owner Member Posts: 34
    Sorry.

    Dealer did agree with sales tax abatement if they purchase '17 off Lease, resulting in better monthly payment with additional cash into the deal.

    However,
    Dealership Quote remains with MF of .0029 vs. .00029 for '21 SE with 7.5k miles on odometer.

    Dealership calculating RV of 52% vs. 57% for new '21 SE claiming USED status, even though vehicle has never been titled and is being offered as "NEW".

    Question about August being a Quota Month... just asking if there are additional Sales Incentives for Dealerships during Month of August to meet or exceed sales quotas to earn Bonuses from Manufacturer?
  • kyfdxkyfdx Moderator Posts: 268,398
    p38owner said:

    Sorry.

    Dealer did agree with sales tax abatement if they purchase '17 off Lease, resulting in better monthly payment with additional cash into the deal.

    However,
    Dealership Quote remains with MF of .0029 vs. .00029 for '21 SE with 7.5k miles on odometer.

    Dealership calculating RV of 52% vs. 57% for new '21 SE claiming USED status, even though vehicle has never been titled and is being offered as "NEW".

    Question about August being a Quota Month... just asking if there are additional Sales Incentives for Dealerships during Month of August to meet or exceed sales quotas to earn Bonuses from Manufacturer?

    No info on sales bonuses for volume

    Doesn't seem like a very good offer.

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  • p38ownerp38owner Member Posts: 34
    Not a good offer at all... a quote from the Dealership head honcho: "Unfortunately Land Rover sets the rates and residuals, and does not allow the dealers, including myself to change money factors or residuals."
  • MichaellMichaell Moderator Posts: 265,576
    p38owner said:

    Not a good offer at all... a quote from the Dealership head honcho: "Unfortunately Land Rover sets the rates and residuals, and does not allow the dealers, including myself to change money factors or residuals."

    Partially correct - dealer cannot change the residual, but they most assuredly can markup the money factory. And, most of them do.

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  • mikegr55mikegr55 Member Posts: 9
    Hi there,
    Can I get MF, RV, and incentives for 2021 Discovery Sport SE?
    36/10k
    zip 95138
  • kyfdxkyfdx Moderator Posts: 268,398
    mikegr55 said:

    Hi there,
    Can I get MF, RV, and incentives for 2021 Discovery Sport SE?
    36/10k
    zip 95138

    .00033 MF and 58% residual
    No lease incentives

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  • BeetsbyDwightBeetsbyDwight Member Posts: 44
    Hello! Interested in seeing the MF, RV, and incentives for 2021 Disco Sport SE in FL. Open to terms/mileage. Thank you!!
  • kyfdxkyfdx Moderator Posts: 268,398

    Hello! Interested in seeing the MF, RV, and incentives for 2021 Disco Sport SE in FL. Open to terms/mileage. Thank you!!

    36/15
    .00033 MF and 55% residual
    No lease incentives

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  • p38ownerp38owner Member Posts: 34
    Now looking at '21 Discovery Sport S P250.

    Lease 39 Months, 10k Miles. What would a realistic Money Factor and RV look like? LR Dealerships are quoting MF's in the 00xxx range.

    Thank you.
  • MichaellMichaell Moderator Posts: 265,576
    p38owner said:

    Now looking at '21 Discovery Sport S P250.

    Lease 39 Months, 10k Miles. What would a realistic Money Factor and RV look like? LR Dealerships are quoting MF's in the 00xxx range.

    Thank you.

    .00054 and 56%

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  • BeetsbyDwightBeetsbyDwight Member Posts: 44

    @kyfdx said:
    36/15
    .00033 MF and 55% residual
    No lease incentives

    Are these still in place now that we’re in Oct?

  • MichaellMichaell Moderator Posts: 265,576

    @kyfdx said:

    36/15

    .00033 MF and 55% residual

    No lease incentives

    Are these still in place now that we’re in Oct?


    New programs started yesterday.

    .00061 and 55% for 36/15

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  • BeetsbyDwightBeetsbyDwight Member Posts: 44

    @Michaell said:
    New programs started yesterday.

    .00061 and 55% for 36/15

    Thank you!! At the dealer now and they’ve quoted a ~155/mo MF on a $56k car. That seems like 3x what it should be, no?

    Being told that it’s set by LR financial (chase).

    Fields Auto Group, btw.

  • jysamueljysamuel Member Posts: 6
    Can I please have the numbers for a '21 Disco Sport S R-Dynamic and SE R-dynamic? 12k/36 or 39 mo in 10307. Thank you.
  • MichaellMichaell Moderator Posts: 265,576

    @Michaell said:

    New programs started yesterday.

    .00061 and 55% for 36/15

    Thank you!! At the dealer now and they’ve quoted a ~155/mo MF on a $56k car. That seems like 3x what it should be, no?

    Being told that it’s set by LR financial (chase).

    Fields Auto Group, btw.


    I think there is a typo in your payment quote - I'm pretty sure I'd jump on a $155/mo payment (unless it required $25K down).

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  • MichaellMichaell Moderator Posts: 265,576
    jysamuel said:

    Can I please have the numbers for a '21 Disco Sport S R-Dynamic and SE R-dynamic? 12k/36 or 39 mo in 10307. Thank you.

    .00059 and 59%
    .00062 and 57%

    Either trim

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  • BeetsbyDwightBeetsbyDwight Member Posts: 44

    @Michaell said:
    I think there is a typo in your payment quote - I'm pretty sure I'd jump on a $155/mo payment (unless it required $25K down).

    Lol sorry, no the $155/mo is JUST for the MF. They want over $900/mo for the lease (36/12).

  • MichaellMichaell Moderator Posts: 265,576

    @Michaell said:

    I think there is a typo in your payment quote - I'm pretty sure I'd jump on a $155/mo payment (unless it required $25K down).

    Lol sorry, no the $155/mo is JUST for the MF. They want over $900/mo for the lease (36/12).


    For a Discovery Sport?

    Yowza.

    Do you need a car now? If not, I'd wait for the market to be more customer friendly.

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  • BeetsbyDwightBeetsbyDwight Member Posts: 44

    @Michaell said:
    For a Discovery Sport?

    Yowza.

    Do you need a car now? If not, I'd wait for the market to be more customer friendly.

    No, I have several months left but they’d offered a nice buyout. I walked.
    Thanks for all the help and info!

  • p38ownerp38owner Member Posts: 34
    2021 Discovery Sport S Lease for 39 Months/10k miles.

    MF & RV, please.

    Incentives, if available.

    Any advice on how to hypnotize Finance Manager at a Land Rover Dealership to come down to Earth with MF's?
  • MichaellMichaell Moderator Posts: 265,576
    p38owner said:

    2021 Discovery Sport S Lease for 39 Months/10k miles.

    MF & RV, please.

    Incentives, if available.

    Any advice on how to hypnotize Finance Manager at a Land Rover Dealership to come down to Earth with MF's?

    .00083 and 56%

    Kidnap his family? :laughing: :sunglasses:

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  • cacofonicacofoni Member Posts: 4
    Hi, looking for MF and RV for a 2021 Discovery Sport S R-Dynamic S R-Dynamic 4WD. Zip code 98074. 36/7.5k, 36/10k, and 36/12k. TIA!
  • MichaellMichaell Moderator Posts: 265,576
    cacofoni said:

    Hi, looking for MF and RV for a 2021 Discovery Sport S R-Dynamic S R-Dynamic 4WD. Zip code 98074. 36/7.5k, 36/10k, and 36/12k. TIA!

    36/12
    .00062 MF and 57% RV

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  • bigbg25bigbg25 Member Posts: 23
    can I get residual and MF for 2021 LAND ROVER DISCOVERY SPORT SE WITH NAVIGATION & 4WD?
    36/ 12 & 39/12 zip 19382
  • kyfdxkyfdx Moderator Posts: 268,398
    bigbg25 said:

    can I get residual and MF for 2021 LAND ROVER DISCOVERY SPORT SE WITH NAVIGATION & 4WD?
    36/ 12 & 39/12 zip 19382

    .00061 MF and 57% residual
    .00064 MF and 54% residual

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  • BeetsbyDwightBeetsbyDwight Member Posts: 44
    Hello! Back again - I can't seem to find a thread on the 2022 discovery sports. Is there any info out yet?
  • MichaellMichaell Moderator Posts: 265,576

    Hello! Back again - I can't seem to find a thread on the 2022 discovery sports. Is there any info out yet?

    2022 Discovery Sport discussion

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  • p38ownerp38owner Member Posts: 34
    Still offering numbers for '21 Discovery Sports?

    Need 39/10 for "S" in zip 43219

    Thank you.
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