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Jaguar S-Type Lease Questions

55 messages,  Last post on Apr 02, 2008 at 7:01 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Jaguar S-Type, Jaguar S-Type R, Car Leasing, Sedan


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#13 of 55
2006 S Type Now or Later by casinohost
Jan 16, 2006 (1:45 am)
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I have a 2001 X that is on lease and will expire in July. I'm thinking about moving into a lease for 2006 S 6cl. With the low sales of Jag now - would it be better to wait until my lease is up or nearly up or to try and negotiate a deal now? Thanks.
#14 of 55
S-type R by tufts
Jan 27, 2006 (4:09 pm)
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Car_Man
 
Thanks for all your insight. I was quoated the following for a 2005 S-Type R lease, and wanted your opinion.
 
2K down
MSRP - 62,295
15K miles / yr
39 months
Cap - 53,624
Residual - 27,409
Money factor - .00089
 
It comes out to $799/month (including tax).
#15 of 55
Re: 2006 S Type Now or Later [casinohost] by Car_man HOST
Jan 29, 2006 (2:02 pm)
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Replying to: casinohost (Jan 16, 2006 1:45 am)

I'm sorry to say it, but I don't think that Jaguar's sales are going to get any better casinohost. Jag dealers will probably be just as urgent to sell their vehicles in July as they are right now. Of course, it is difficult to predict what manufacturers' future lease programs will be like. Having said that, I don't think that it will cost much more to lease this car later on this year than it does right now. This is just an educated guess though. Given the fact that you will probably have to pay money to get out of your current lease now, you are probably better off waiting until around July to get a new vehicle.
 
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#16 of 55
Re: S-type R [tufts] by Car_man HOST
Jan 29, 2006 (2:08 pm)
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Replying to: tufts (Jan 27, 2006 4:09 pm)

No problem, tufts. Jaguar is currently providing $6,000 dealer cash on 2006 S-Type R models that are leased through Jaguar Credit. The price that you were quoted is $8,671 below MSRP, which sounds good at first. However when one takes the $6,000 dealer cash and the fact that a base '05 S-Type R has a spread of $5,340 between its full MSRP and dealer invoice price into account, this deal is not as attractive. It is probably at least $2,669 over invoice for a leftover model that consumers aren't beating down showroom doors for in the first place. I would try to negotiate a lower selling price if I was in your situation.
 
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#17 of 55
Leaseing used jags by bikeswimrun
Feb 18, 2006 (12:23 pm)
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my dealer has MANY 02 and older S and X types. Is it possible to lease these and if so, what are the residual values like? I noticed in the previous post that there was $6k dealer cash on new ones but cannot find this in the Edmunds incentives and rebates section. Is this incentive still out there for 06's?
#18 of 55
S-Type 2006 Lease with X-plan by timj
Feb 28, 2006 (8:06 am)
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My wife is a X-plan member because of her employer, which allows us to purchase a Jaguar at 4% above invoice without negotiations. A S-Type with the options we want has an invoice price of $46,974 plus the 4% mark up of $1,990 for X-Plan members totalling $48,964. However, I am not sure if this is a good deal based on discussions within this forum regarding the poor sales of Jaguars. In additional the dealer is offering $2,000 lease cash, which basically offsets the 4% markup of the X-Plan reducing the price to $46,964. Do you recommend going with the company's X-plan or attempting to negotiating a price without mentioning the plan. Considering the current sales and lease cash, what price above invoice is fair and reasonable for a dealer. Also, there are 4 Jaguar dealers in a 50 mile radius of my home.
#19 of 55
Re: S-type R [Car_man] by rayainsw
Feb 28, 2006 (12:53 pm)
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Replying to: Car_man (Jan 29, 2006 2:08 pm)

"Jaguar is currently providing $6,000 dealer cash on 2006 S-Type R models that are leased through Jaguar Credit. "
 
I see only $1,000 listed (on Edmunds = loyalty) on the 2006.
Did you mean 2005?
Thanks,
- Ray
Lusting (still) after an R . . .
#20 of 55
Re: Leaseing used jags [bikeswimrun] by Car_man HOST
Mar 01, 2006 (4:32 am)
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Replying to: bikeswimrun (Feb 18, 2006 12:23 pm)

Hey bikeswimrun. Many manufacturers, I believe including Jaguar, have lease programs for Certified Pre-Owned vehicles. The problem with leasing used vehicles is that automakers usually provide much less lease support on them, if any, than they provide on new vehicles. As a result, used vehicles are often as expensive to lease, or even more so, than equivalent brand new models. This is why it is extremely important to compare the cost of leasing a new vehicle to the cost of leasing a used one when you are considering the latter.
 
I don't believe that Jaguar's cash incentives on 2006 X- or S-Types have reached the $6,000 level yet. Perhaps the post that you read was referring to a 2005 model.
 
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#21 of 55
Re: S-Type 2006 Lease with X-plan [timj] by Car_man HOST
Mar 01, 2006 (4:35 am)
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Replying to: timj (Feb 28, 2006 8:06 am)

Hi timj. I would not be surprised at all if you were able to negotiate a selling price that is well below 4% over invoice on the S-Type that you are interested in. Jaguar sales have been extremely poor lately. Many Jaguar dealers are probably willing to cut pretty skinny deals on S-Types right now. You might as well see how good a deal you can negotiate on your own. The fact that you have a whopping four Jaguar dealers so close to your home definitely will work to your advantage during negotiations. If you can't beat the X-Plan price, you can always play that card out when you need it.
 
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#22 of 55
Re: S-type R [rayainsw] by Car_man HOST
Mar 01, 2006 (4:37 am)
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Replying to: rayainsw (Feb 28, 2006 12:53 pm)

Oops sorry about that, Ray. I meant the 2005 S-Type R.
 
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