I know these cars lease terribly, but I love this car and placed the order a few months ago. It will be arriving in late July or early August.
Build price is $104,900.
What should I expect to pay on a lease, open to appx 10k year for 48 mos.
I am also open to just buying it as LR is offering 4.9%
Please help!
You should save yourself the headache and pick something even moderately reliable
I’m prepped for the headache. Love the car.
I would avoid financing and instead lease the car. There is currently a 2k rebate for loyalty and the sweet spot is a 24 month lease. Would try to get between 4-6% off msrp. Not sure what the tax rate & reg cost is for CA but payment will be $1700+ with just inceptions due. Working for LR these cars can have issues but they are great looking cars. FYI lease programs will change next month.
Aren’t you supposed to negotiate the discount at the time you place the order?
I was told pricing is finalized when the car arrives
24 months is so short!
Then the obvious answer is buying it.
A cycle of one terrible lease followed by another followed by another is just financial self immolation
Keep in mind that “most” of the time 36 month leases across most lessors / vehicles are the sweet spot though over the past year & a hand we’ve seen more vehicles where 24 extracts the most value.
Since your a super supporter you can plug it all in the LH calculator and it’ll bring up the RV’s for the term you select and show you the cost.
It was already mentioned but perhaps a purchase / finance is best if 24 is too short?
So you would rather pay more to dive an older car?? I agree with others a lease may not be the best option but if you’re going to lease do you really want to be driving a 4 year old leased one of these?
I def don’t want to drive a V8 as advertised here. And actually the electric component brings a lot of value of being able to run climate without the engine running. We live in a warm climate and drive children and clients… but hoping to get the PHEV pricing similar to what is advertised…
That’s a 48 month lease though.
Regardless since it’s a PHEV you need to lease it first to get the 7500 off then decide to ride the lease or finance it out.
And agree running climate while idling is one of my favorite features for a PHEV/EV.
On paper the LR PHEV would be ideal for me as a daily driver, but I don’t like how it’s implented. Once you switch out of EV mode, it won’t let you switch back to it. Very odd. That and I don’t trust the depreciation curve.
If you’re going 48 months, just finance it for 60. It doesn’t make sense to eat through that much of the depreciation curve and have nothing to show for it at the end.
or does it make sense to lease for 24m with the intention of purchasing it out of the lease?
Do the math.
Sum of all lease payments + finance the RV+TTL at a used car loan APR of (7.5?)
Vs
Finance on day one using the JLR 4.99%
In most situations it doesn’t make sense to lease and then buy. The 4.9 financing is better than the lease money factor (base MF is pushing 7% and most dealers are going to mark it up). Additionally, you’re gonna pay used car rates after 24 months which are not going to be as attractive as the 4.9.
You can also extend the lease thru Chase.I like the flexibility of the lease. However like others mentioned run both scenarios and see which one you prefer personally.
What are you going to due if the price jumps significantly due to the new 10% tariff on vehicles imported from the UK? That may be the reason the price can’t be finalized until delivered.
The build price is locked in on my confirmation, but the leases, MF, finance options are based on the rates upon delivery
