I absolutely fell in love with a fully blacked out Range Rover Velar and I’m planning on leasing one.
Made a deal with a salesman over the phone and said I would go pick it up next weekend.
Before I go, just wanted to make sure I got at least somewhat of a good deal. It’s my first time leasing and I did a lot of studying before I negotiated, but still just want to double check…
2020 Range Rover Velar P250 S with Options
39 months/15k miles a year
Selling Price: $63,000 (I know this part isn’t that great)
$150 doc fee
$895 acquisition fee
$311.25 title and registration
$985.96 taxes (remaining - see below)
~$3,000 tax credit (this is the part where I thought it was a little okay that I don’t take as big of a discount on the actual sale price since I have to pay the taxes on the vehicle in my state - Texas)
I also wanted gloss black wheels that this particular car doesn’t have so I worked in a free powder coat into the deal (apparently the price is $1,200 for powder coating all the wheels at the dealership according to a dealer other than the one I’m buying from - I know that price is ridiculous compared to a third-party shop, but dealer prices… still a few hundred more bucks of value)
Total gross cap cost with all taxes and fees rolled in ~$65,685
Total monthly payment $885
I realize that monthly payment/sale price might not be that great in other states, but with the $3,000 tax credits, I feel like it helps my case a bit (hopefully)
I don’t mind a “fair” deal, I wasn’t necessarily going for a deal of a lifetime kind of price.
But I also just want to make sure I’m not getting shafted.