Deal check - Range Rover 550e PHEV lease

Hi guys,

I would like to ask if some has a negotiated a deal in Northern Ca on a 2024/2025 Range Rover SE SWB plug in hybrid ? I believe it qualifies for $7500 lease rebate. Dealer has agreed not to charge any premium on MSRP.

Sticker is 134k
Lease length : flexible
Mileage: 7500 miles

Any idea is MF/residual and what kind of payments. I will willing to put 3k down.

Thanks as always !

Vishal

It’ll be ugly. It does qualify for $7500.

My guess is $1800-2000 a month.

I’d love to lease this but it just doesn’t make sense.

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As a super supporter, u have access to ratefinder; you can find rv and MF very easily.

But this is definitely a pay to play situation. I’d say north for $2k/month.

Not sure how NorCal and SoCal markets differ but discounts off MSRP are very easy to achieve down here. I would shoot for at least 5k off on an ATB in addition to the 7.5.

You can find all that by opening up Ratefindr within the LH calculator

Use a broker for your lease. That’s what I did. I used cartelligent for all my 3 RR leases since 2016. they did a pretty good job. and the replies above are right, its about bit over 2k a mo (including tax). Good luck.

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On a PHEV you should be targeting a discount below MSRP, plus the $7,500 incentive, and buy rate. Compared to LWB and/or V8s, the P550e is often discounted the most in CA and the best deal (still over $2K/month though).

The RR PHEV has good usable range, but at 1.5 mi/kWh, the electricity cost per mile can be comparable to fueling up the inline-six with gasoline. Fine if you have excess solar to eat up.

Brakes on the PHEV can be a bit touchy, as well. It’s something you’ll have to pay extra attention to while driving and adapt to.

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