First post:
New F Type. Please comment on this deal.
MSRP: 98,693
Negotiated Price: 62,607
MF: 00260
Res: .46
3 yr/7500
3000 down
875 fees
689+ tax
How much is the total upfront? 3000 or 3000 plus 875?
This looks very good so far.
Damn that MF is high and residual low (can’t do anything about it) but everything else looks good.
2300 cap cost reduction, 700ish for title/reg + 875 acq fee.
yes MF is horrible
That’s a mind blowing discount on a new car. Assuming you ran it on 24 month number but are way worse.
No dealer fee? Isnt the first payment part of the $3000 as well?
Wouldn’t it make more sense use a balloon loan than lease in case like this?
I guess if you think the residual has been set to low.
2018 or 2019?
I don’t think F-type 400 has 2019. I believe they made it only in 2018. Great car regardless.
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Here are the latest numbers. I was still working out with the dealer when I first posted. Increase miles to 10k. MF really hurts me in maximizing this deal.
I feel that the price drop will give me a chance to have equity when my three years are up and maybe be able to sell and get back some of the 5k i put down?
MSRP: 98,693
Neg Price: 62,607
MF:0026
Res: .45
3 yr/10k
$5,000 DAS
$712+tax
DAS includes:
Cap reduction: $2,273
1st Month, Title, Registration and Bank Fee: $2,727
~850 for a 100k car doesn’t seem bad but is there a reason you’re putting money down vs just having a higher payment?
Just wanted a monthly payment below 800. Also, looks better when my wife balances our checking account.
Lol that’s as good of reason as any. Let us know if you pull the trigger.
i had a dealer give me 36% discount on same car… but I hated the lease numbers. I didn’t pull the trigger, but honestly, if this is the car for you, just Finance and sell the car in about 2 years and you will end up just as good. Leasing it just makes no sense with the MF/RV they are giving!
I still contemplate finding a dealer to get near same discount and pull the trigger. One close to me has so many F types from 2018… a 400 sport convertible and awd at 35% off would be really nice.
These numbers are quite different from what you originally posted. $2000 difference in upfronts and > $20 in the monthly (understand that jump is because of the mileage).
Buying a Jag is risky, no way I’d do that.
I agree I would rather pay a little extra and not have the risk or the hassle. Also why I asked if you checked the 24 month numbers. Enjoy it for awhile and move on.
I thought jag pulled lease support for these at the end of the year, is this another bank or cu? Might help explain the terrible terms.
Pulled the trigger with the 36 mo/10k terms. This is one fun car. Thank you everyone for your comments, advice and feedback. I wish I could have done better with MF but I’ll take the discount and hope to have some equity at the end.
2 Likes
Grats! Though in the future, never enter into a lease agreement hoping for equity in the end. That’s willingly overpaying and is reason to buy.