2020 Jaguar XE S loaner preincentive discount?

I went in to test drive this and get an appraisal on my trade in. While I was there they made an offer. I know this is backwards to what you are supposed to do but I really just wanted an appraisal. Anyways I checked with Edmunds and the MF is .00001 and RV is 54% with $2175 lease cash. This is the offer they made. I can’t seem to get the calculator to match at all. Also the car has 5900 miles on it. I know I need to talk with them and see what they are using

Is that the MSRP?

Looks too low for an XE S

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46,413 is what it says on their website.

That’s not what your calculator says

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Forgot to add it because I was just looking at the sheet. I just now checked their website. Looks like that brings it much closer

Any idea what kind of discount I should be aiming for?