Here is the deal I signed earlier today. I think I did pretty good considering all the negative equity I had on my leased Range Rover Velar P380. I traded the Velar in for the 2019 Sport.
Please let me know your thoughts. I also attached a picture for your reference.
**2019, Range Rover Sport V8 Dynamic Supercharged
**MSRP: $98,963
**Selling Price: $88,950
**Monthly Payment: $1506
**Cash Due at Signing: $7000
**Months: 36
**Annual Mileage: 12k
** Trade Allowance: 58k (they gave me 55k at first)
I don’t know, but owing the Velar being worth (trade-in wise) $58,000 sounds more correct than $70,000 (Almost as much as new). Although Im not sure what the Velars age and mileage were at trade-in.
I get the whole moving money around but if theres that much negative equity then its gotta go somewhere. (No doubt they probably did give less and move some of that into the discount of the Range Rover).
They’re 2 fees charged by Land Rover, the dealer services includes rim protections. I brought my old velar in a few times and they took care of it. It’s really worth it!
The other charge is some theft protection.
I tried getting the two charged removed but they wouldn’t do it because of the 10k discount that I had.
I would say a little bit more. Right now is the perfect opportunity to get your hand on a 2019 model. They’re getting rid of them to make room for all the 2020 models.