2020 Range Rover velar (Loaner)

Hi

I got the below quote from a dealership near me in Maryland. Need some input if this is a good one as its my first time looking into a lease option. I appreciate the response.

VEHICLE

New / Used : Used
Vehicle :2020 Land Rover Range Rover Velar
Color :Byron Blue Meta
Market Value: 64,699.00
Selling Price Discount: 7,000.00
Adjusted Price: 57,699.00
Tax : 3,461.94
Balance: 61,160.94
Mileage:2948

Type :P250 R-Dynamic Lease Payments
Term: 36 Months
Annual Mileage Allowed: 12,000

Estimated

Cash Down 3,000.00 3,500.00 4,000.00
714.33 699.60 684.88
Residual: : 35,994.03

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