Hi,
I’ve been offered the following lease quote. Can you please let me know if the numbers make sense and if it is a good deal. Thanks
MSRP 58,708.
Invoice Price: 55, 500
Selling Price of 41,500
DMV Fees: 590
Aq Fee: 795
Adjusted Cap Cost: 43394
Money Factor: .00001
Residual of 52%
NJ Tax - 7.25
First month due @ signing all fees/taxes included in payment.
Monthly with taxes : $390
Sounds like a good deal…how are you getting 30% off on the selling price? Is this a demo/loaner?
DMV is around 290…the rest is probably a 300 doc fee which is around average for NJ.
Tax is 6.875%
Thanks for info. It is a demo/loaner with around 400 miles on it
It looks like there might be $12,075 of lease applicable rebates on that particular model. Does anyone know what percentage discount is possible before rebates/dealer cash on an XF?
I think @adlerjoshm got 19% before rebates, IIRC?
Hmm…didn’t know there was $12,075 available. When I spoke to dealer I was told $9825 in lease cash and $1500 in jaguar incentives for a total of $11,325. At this point if I go back and ask him for more on the car is it possible?
Your spreadsheet is basing the calcs on a 36 month term. This is a 33/10K lease term.
That could be correct. Try following the link I posted above to Autobytel and check the exact model you are shopping. It is hard to decipher exactly what the lease-applicable rebate total should be. Maybe others can chime-in with how the rebates are listed at Autobytel to get some consensus on how the rebates interact with possible $9k dealer cash. However, if max_g is on to something with 19-percent off before rebates, that would be a crazy deal.
So on Autobytel, there is $1500 in Jaguar incentive, $5775 in lease cash and $9000 in Dealer cash for this model. That’s a total of 16,275. Do dealers usually give all or close to the full dealer cash?
I wouldn’t assume they all stack. The 9k might be for purchase for example
they won’t stack. the $9k is only if you are not taking lease with JLR Chase
