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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
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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?
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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.
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Replying to: Car_man (Jan 29, 2006 2:08 pm) I see only $1,000 listed (on Edmunds = loyalty) on the 2006. Did you mean 2005? Thanks, - Ray Lusting (still) after an R . . .
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Replying to: bikeswimrun (Feb 18, 2006 12:23 pm) 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. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: timj (Feb 28, 2006 8:06 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: rayainsw (Feb 28, 2006 12:53 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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a dealer in my state has a 2005 S type. Is it possible to get this car at $6000 below invoice since that is what Jag was offering dealers as an incentive? With a MSRP of $52K and a purchase price of $42K what would be the lease payments for not more than 36 or 39 months? I have been quoted money factors on new (06) X-types in the .0003 range (less than 1%). Are the incentives on '05s Jag offered before still available to the dealer so that they could cut the price that much?
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Replying to: bikeswimrun (Mar 20, 2006 3:54 pm) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Apr 30, 2006 8:30 am) Intereting. I need to check - but last I knew, no Atlanta area dealers still had 2005s . . - Ray Who might have been (seriously) interested . . . |
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Just found this forum.....looks great. I have X Plan pricing available to me, but dealer (where I have an existing leased X Type) says he will beat it (which it looks like he did). But I want to be sure I have the best lease deal as I see differing incentive programs on different web sites plus a Jag incentive lease program where I can't find out all the parameters (money factor, residuals, etc). Here's the deal. Suburban Chicago area. 2006 S Type 3.0 with premium package, heated seats, and navigation system. MSRP (with destination) $50,895 -- Invoice $46,081. Sales price about $45,400 -- 39 month lease, 10,000 miles/year -- 43% residual -- .00007 money factor (equals 0.168% APR). Dealer pays last payment on current lease (X Type = $402). $1000 down -- lease = $699/month. No mention of any rebates. On the surface, it seems to be a good deal with dealer going below invoice for cap cost (easily beating X Plan), picking up the last payment on existing vehicle, and buying down the lease money factor. Uses up most of factory incentive to the dealer. But then I see that there is a $469 lease program at Jaguar on the base S Type (which must be using a high residual) and that there may be a customer $1,500 loyalty rebate which should come to me. Also, the 43% residual seems low for a 10,000 mile lease. I have not agreed to signed any customer rebates over to the dealer. Car should be ready tomorrow when everything will be signed. Have asked dealer to fax all paperwork to me before I come in and sign on the dotted line so I can examine all factors. Thoughts? |
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