I’m looking for a Velar for my wife. I would need a lease of 36/12. Based on what I can find it will have to be a 19 because the 18s are not leasing well. She has an evoque and we just got a three month pull ahead offer. Not married to the velar but would pull ahead for the right deal. I proposed the below on a 19 loaner and we are about 4K apart on price. Is the below doable or should I forget about the velar and look at something else? Not trying to go above 600 a month
MSRP: $60,223
After Discount: $51000 15% off
MF: .00067
Residual: 56%
Pre Tax: $537
With Tax(9.25%):$586
Drive Off: $2158.59
Honestly she likes the car but doesn’t need a ton of options and is open to loaners, so I don’t have an issue with a more base model. Her Evoque is a pretty base one.
Let me know your thoughts. I’m waiting on the MF and Residual Details and fee details. It is a demo car. From what I’ve seen this is about as good as I’m going to get unless there is a surprise
For what it’s worth, when leasing a car in Tennessee, I believe you only pay the 7% TN state sales tax, and not the additional 2.25% Davidson County sales tax. My pre-tax payment is $356 and my total monthly payment is $381.
Technically, you pay the 7% on your monthly payments and the 2.25% on the first $1,600 of your payments, which works out to $1 per month.
Let me know if you find a great leasing source in Nashville. We sure do need one!
That’s a great help on a tax side. Honestly I’m feeling pretty good about this as I haven’t seen an r dynamic deal this low even if it is a loaner. If anyone out there knows of one let me know!
The plot thickens. I just got the numbers via email and have a call with the sales manager because he wanted to have a call with me. What he is going to tell me is the CarFax I just pulled is showing an accident on April 20th. Rear damage no airbags deployed. I’m a little more concerned about this now. Love to hear everyone’s thoughts. I have no plans on buying it after the lease FYI.
Did you talk to the sales manager yet? Since you aren’t planning to keep the car, I don’t see anything wrong with moving forward with the deal, provided they have all the repairs properly documented. Maybe you can push for a little more discount?