I leased and F Pace S about 3 years ago. The Residual was 55 % on a 10K Lease for 36 Months.
I just asked for a quote on a FPace SVR for a 7500K lease for 36 and 39 months asking for both the residual and money factor and got a quote that just gave me an MSRP of 89ish with a residual of 48% at 39 months with no 36 month values for anything, no money factor or mileage actually quoted. I know dealers try and obfuscate everything they can, but does 48% sound reasonable for this to anyone given that the step down was 55% with higher mileage?
Is this another case of a dealer not wanting to lease a specialty car ?
If anyone has the book on the Jag FPace SVR leases I’d love to see them.
It’s not unusual to have such low RV for high performance vehicles, only BMW tends to buck that trend. Check the Edmunds forums for the exact RV and details though.
@ethanrs hinted the iPace might have some very good lease numbers next week. In most cases the SVR vehicles are better to buy than lease.
Just spoke with a friend of mine who’s a used car manager for a Land Rover Dealership to see if they had access to the Jag books. He said 50% at 7500 for 36 months.
Still low considering the car I leased for them last time carried a 55% residual at 10k and is only about 13k less at MSRP, but I might be able to make it work for me.
Hi Ethan. I wasn’t able to strike the deal before month end as the investments I liquidated to take care of the end of one of my school loans and apply some cap cost reduction to the car didn’t settle.
I got an e-mail from the dealer for the same car we discussed last week to which they applied 5500 of the above mentioned lease cash that is now about 200 more a month.
Is there anything I should know about the new lease program before going back at them?
I am trading in my loaded 2017 FPaceS with 21.5k on it. The lease payment on that is 550 sh. The school loan I am liquidating today is about 380. I’m looking to keep my monthly outlay roughly the same. So I’m looking to trade in the S who’s buyout is about 40k with 2 payments left I have about 18k for due at signing and I want the payment to be between 850-900 for a 7500 mile a year lease. Do you think that’s manageable for them with the current lease plan? MSRP is roughly 92.
Honestly this car is better off financed through a CU with a large down payment and gap. I can’t imagine the cost of ownership between the two would be much different. Especially if you want to put money down to offset payment.
Yeah. I know that. I’m just working on a monthly outlay rather than the effective. I could put less down and pay more especially with the effectively low % interest, but I’d still have to put a decent chunk down to get the payment to the point I want to have.
Yeah it could be that I’m just over extending myself to get my hand on the SVR. Below is what they gave me for the new month and what they gave me last month. Maybe I’ll just have to scrap the idea. I really don’t want a fixed payment of 1300 or so.
Think is it a pretty good deal on a 2019 20D Prestige…$60,651 MSRP, price reduced by $8689 plus a $1000 rebate…$5000 total drive off, 36 mo, 7500 mi, $536.22 all in per mo. Loaded with the features I want…thoughts or input are appreciated.
Muwa, respectfully disagree…Been down that road and been juggling hard on both and CAN NOT get a Velar here in Southern CA region for that money…the cost of the VELAR for the same parameters and equipment is about $120 a month more and does not include the $750 a year maintenance, which Jaguar includes and the mileage on the 20D versus the Velar is ~7 mpg better and insurance on Velar is ~$800 more. All in the VELAR is ~ a little over $200 per month more expensive all in than the Jaguar F-Pace 20D. The VELAR was P250 S with Adaptive Cruise Control and other add-on’s I am seeking.Jaguar reduced MSRP by 14% and Land Rover would not budge beyond 5%.
They are the same company and have the same engines and same platform and fuel economy. You can get a 4-5k discount on a Velar before additional lease cash depending on trim and your region. The Velar has MUCH higher residual and lower MF depending on the trim. A 68k Velar with all the nannies can be had in the LOW 700s with first month’s and registration due at signing. The fact that you’re putting 5k down means you have an effective payment of ~$700 for a car that is several thousand cheaper. Not to mention you are comparing a diesel Jag to a gas Rover, the D180 exists and is the exact same engine.
Know they are the same company now, and worked the deal for both side-by-side for the Velar with the same $5k structure and the gas Velar was $120 mo more… $510 all in F-PACE and $630 all in Velar. Plus the Jaguar offers maintenance a, a savings of another $1500.
Why are you putting 5k down? It’s been discussed multiple times on this forum that putting money upfront is ill-advised because if you lose the car in an accident, gap insurance will not cover your down payment.
Unless you can provide the calculator for both vehicles with options lists, $120/month is comparing apples to oranges. You are also telling me that based on the single service required on a 22,500 mile lease @15k miles you are saving $1500?!?
I’m not trying to convince you one way or the other, I’ve had a velar, didn’t particularly like it aside from the curb appeal when it ran, but the F-pace is just essentially the budget version of the same car. So if you’re married to the F-pace go for it.
You can get a 71k 2019 Audi A6 for ~$550/month with self driving, ventilated seats, and wireless carplay with 2k down.
I went ahead with the FPace SVR last month. 0% apr lease or buy for 2019. Considerably more for 2020. Difference was over $125/month for both lease and buy with the “regular” apr and stellar credit.
10k/36mo 48% residual, 89.8 msrp, 2500 discount, 1700 fees, 11.1k at delivery came to $1115/mo with taxes. MF 0.00001
Didn’t figure out the numbers for no capital reduction, but probably something like $1390?
Buying made more sense for me as I plan to keep it and there was extra loyalty cash and 5k off msrp for the purchase that wasn’t available with the lease.
2020 configurations are out now with some super pricey but unique colors.
I just don’t see the point of putting $18k down with MF of 0.0001, you could invest anywhere and get better return, and less risk if car’s totaled.
