I just got another quote for a Jag XF (35t AWD, cold climate , vision pkg and some more) - numbers are as I I remember them
MsRp - $62,400
Sale price - 58,300
Residual - 52%
Mf - unknown
$0 down with govt fees, first month etc (due at signing - $2500)
Monthly with tax -$799
The number was crazy high compared to the other quote I received ($588) with other similar terms. The only difference was the residual (61% vs 52%).
When I told this dealer that I got the $588 offer, he said that the other dealer was probably not using chase finance (jaguar finance) and so the residuals were high. He then went on to scare me about all the hidden charges that would turn up at lease end.
What should I do?