Hi, I’m looking to lease a 2019 Range Rover Sport V8 Supercharged Dynamic for a friend that is an existing Land Rover Financial leasee. Would you be able to confirm the residual and money factor? Would you happen have the March rates? Also what number should we be paying monthly based on this info ?
Thanks!
Agreed Sale Price: $93,428
Mileage: 12k
Term: 39 months
Residual: ???
Money Factor: ???
$0Down – just paying $895 Acquisition Fee, Doc Fee, Transfer Registration, and 1st month’s payment.
Thanks for your assistance. The original MSRP is $97,428. I realize there is about 5% plus to play with on these models… I attempted to use the lease calculator and got a .0010 money factor.
Actually, I use to live up in Boston. I think I met you many years ago through other friends in the business. I believe I was brokering a deal in the old Foreign Motors West in Natick when I was introduced to you. I generally purchase vehicles outright for myself and my customers. Hence why I’m asking for leasing assistance. Just making sure I have all my numbers correct for this deal.
Ironically, the located vehicle is in Massachusetts. Customer is in New York where I now reside.
Yes, I just realized I was confusing you with someone else. His name was Mike as well. Yes, I am almost certain we’re probably thinking the same dealer then. Yes, I guess its a moot point until MFs and residuals are out for March. Hopefully they get better. Tata Motors Corporation needs sales badly with there present financial stituation. I understand the Jaguar division is really hurting them since the market demands SUVs and sedan sales are pretty dead these days.
I think RR will always be an exclusion despite how poorly Tata is doing. They’re never going to heavily discount RRs as that, in my mind, would kill the brand.
My guess, and it’s just a guess, is that March brings the same for RR.
That said, I don’t know what your friend is hoping for and many dealers won’t even do the 5% on the S/C versions.