Dealer showing me a 2024 new i-Pace for lease - all the bells and whistles (technology pack, etc).
msrp - 81368
selling - 73850
rebates - 20500
mf - .00017 = 0.048 APR
taxes 8%
residual - 34%
= 840/mo with zero down, only 1st mo payment due - 39 mos
Would love to hear comments on Jaguar i-pace lease (considering the state of Jaguar now), and any other rebates I should consider / ways to sweeten the deal. Thanks in advance !!!
This absolutely not a unicorn by any means. Low residual is what’s effectively killing you here. Comparable EV SUVs are leasing much much much better.
Check out the Audi Q6 e tron if you want a similar MSRP EV SUV. They are leasing much better
Unicorn? How is this a unicorn in any sense of the word? Because there are hardly any of them around because its a terrible car leasing at an even more terrible price? Why someone would want this at anything more than $249/mo is beyond me. Take that $840 and go get a macan ev
But it almost meets the 1% rule 
You probably need another 7 grand off to make that even worth considering.
These cars have a horrible residential value. Edit…(Residual) Ha got me.
Cool cars. But no chance I’d consider that
The best thing you can do here is go to the store and buy enough sugar to throw you into a diabetic coma so when you wake up, you didn’t go through with this. It’s basically the same experience if you lease this.
Poor dealer. He finally gets someone walk in and inquire about leasing an iPace.
Guy gets excited, thinks its a deal of a lifetime, only for LH to shoot it down 
$32,760 in payments to rent one of the oldest and least desirable EVs in existence?
I don’t mind taking something rejected by the market if it’s underpriced. I’m paying $189 plus tax or $199 effective for a car with much the same bells and whistles
I shudder to think how badly you’ve been ripped off on prior leases to think of this as a unicorn
Ha !! Exactly what I expected. I guess the question is “what is a good deal on this diabetic-coma-mobile”. Is there ANY deal you would take??
Look at MaxG’s response, that would be a good start.
Maybe he wants to set up his own Waymo.
Thanks, guys! Have not leased a vehicle before - but all the JLR doomsday scenarios lead to the above conclusions. And no Waymo in Chicago yet, thank god. 
Are you outside of Chicago ( Cook County )? I only ask b/c the taxes on leasing in Chicago make any type of “deal” a reach. If I recall it’s an additional 9% on top of whatever the current sales tax is.
Great question. I am in Cook County but not Chicago. So I am looking at 8%.
I just pinged the dealer and said no deal. Car has been on the lot for 400 days. I guess I just curious if anyone would take this deal for ANY price? The car has a 34% residual after 39 months. This car at an MSRP of $80K –> would you engage at a selling price of say…$50K? Translatable to $400-500/mo lease?
I’m not too worried about parts availability and don’t mind a loaner if need be.
Multiple people have already said in the 200-250 month range. What else are you asking?
Yup. That’s my only target range. Thanks!! (But it almost meets the 1% rule…)
Max - which vehicle were you alluding to that you leased?
The cars that are leasing well these days are Equinox EV, Dodge Hornet, Blazer EV, Lyriq, Honda Prologue, Ioniq 5/6, Wagoneer S, EV6, ID4, EQB, etc.
But since programs change every month and since this month the demand is a little high, you would have to try your luck at what could be hacked for under $200/month
Please stop referencing this “rule” its arbitrary in all scenarios and even more so in the case of EV’s, which have fake and inflated MSRP’s. By this rule, paying $1300/month on a $130k EQS would be a “great deal” because it meets the dumb “1% rule” when in reality most people are driving them for sub $600/mo
I think they’re driving the loaner while their EQS is in the shop and ready for lemon-status.