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Jaguar S-Type Lease Questions

55 messages,  Last post on Apr 02, 2008 at 6:01 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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#36 of 55
Pre-Owned S-Type Lease Question by time2change
Mar 20, 2007 (9:02 am)
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hi there
 
I am interested in getting a 2004 or 2005 pre-owned S-Type lease. One of the local dealers is offering the following:
 
2005 Jaguar S-type V6 Black/Black (some options: premium sound)
22000 miles
$1000 drive off
15K/27 month lease
Residual: $19K
Payment: $591+ Tax
Current warranty will cover free maintenance (30K, 40K service) and all std coverage for 6 years/100K
 
2005 Jaguar S-type V8 Quartz/Ivory (fully loaded: navigation, heated seats, premium sound, etc)
51000 miles
$1000 drive off
15K/27 month lease
Residual: $17K
Payment: $616+ Tax
Current warranty std coverage of 6 years/100K
 
I have many questions.
1. I am not entirely sure how to evaluate the deal - are these good deals?
2. what should I be looking for when I ping other dealers.
3. Are there any Jag lease programs currently on older cars that I could leverage for eg. should I be looking at newer (2006/7) car leases if there are better lease programs on these?
4. I have a 2000 S-Type that I purchased in 2000 and would like to trade-in? Should I try to sell that on my own to get the maximum $ or would I be better of negotiating this as part of the deal? Also, when is the appropriate time to broach the topic of trade-in?
 
Sorry for the laundry list of questions. I hope I can learn from all your experiences and end up with a good deal that I am happy about.
 
Thanks
- h
#37 of 55
Re: Pre-Owned S-Type Lease Question [time2change] by Car_man HOST
Apr 16, 2007 (2:17 am)
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Replying to: time2change (Mar 20, 2007 9:02 am)

Hi time2change. Like with a new vehicle lease, it is very important to find out the exact selling price of the used vehicle that you are considering leasing. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without having the dealer tell you what these car's selling prices are, it is difficult to tell how good a deal you are getting on them. When you find out what they are, you can evaluate the prices that you are being given by looking up the cars that you want in the Edmunds.com Used Car Appraiser.
 
Also, make sure to compare the lease payments on these used vehicles with what it would cost to lease similar brand new versions of them. The lease support that manufacturers provide on new vehicles often makes them nearly as attractive to lease as used ones. It would be silly to lease a used Jaguar when for only a few dollars per month more you could get a brand new one.
 
Car_man
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Prices Paid Forum
#38 of 55
Re: Pre-Owned S-Type Lease Question [Car_man] by time2change
Apr 16, 2007 (6:37 am)
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Replying to: Car_man (Apr 16, 2007 2:17 am)

thanks Car_man.
 
I ended up leasing the 2005 V8 with 51K miles. I negotiated the sale price from $30K down to $27.5K. I did evaluate against a new car lease and there was a sizeable diff - new car V6 was $750/month vs. used car v8 was $490/month. I am happy with my purchase.
 
Thanks for your help.
#39 of 55
Re: Jaguar S-Type: Lease Questions [Car_man] by lucht
May 03, 2007 (8:57 am)
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Replying to: Car_man (Aug 31, 2005 3:17 am)

I am coming to the end of 42 month lease on my S type. This is my second S Type that I have leased. I understand that the past 2 years have been terrible for S type sales and it is likely that the car will no longer be made after 2008. I would have thought I would have gotten in the mail some type of incentive or promotion to continue with a new lease. Are they doing anything special ? Has the value of the car gone done ?
 
Thanks
#40 of 55
Re: Pre-Owned S-Type Lease Question [time2change] by Car_man HOST
May 14, 2007 (2:00 am)
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Replying to: time2change (Apr 16, 2007 6:37 am)

You're very welcome, time2change. Enjoy your new ride!
 
Car_man
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Prices Paid Forum
#41 of 55
Re: Jaguar S-Type: Lease Questions [lucht] by Car_man HOST
May 14, 2007 (2:03 am)
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Replying to: lucht (May 03, 2007 8:57 am)

Hi lucht. Jaguar currently has some very attractive lease money factors and a ton of lease cash on the 2007 S-Type. The problem with leasing one is its residual values are terrible. If you tell me exactly which model you want, how long you want to lease it for, and what mileage allowance you need I would be happy to give you the specifics of its new lease program.
 
Car_man
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Prices Paid Forum
#42 of 55
Re: Jaguar S-Type: Lease Questions [Car_man] by lucht
May 29, 2007 (12:04 pm)
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Replying to: Car_man (May 14, 2007 2:03 am)

Probably a loaded 3.0 36 to 42 months. 10,000 to 12,500 miles a year. Does this help ?
 
Thanks
#44 of 55
Re: Jaguar S-Type: Lease Questions [lucht] by Car_man HOST
Jun 18, 2007 (2:44 am)
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Replying to: lucht (May 29, 2007 12:04 pm)

Thanks for the additional information, lucht. Jaguar Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jaguar S-Type 3.0L with 12,000 miles per year are .00059 and 42%, respectively. The numbers for an otherwise identical 42 month lease are .00089 and 35%. If you were to lease with only 10,000 miles per year, this car's residual values would be 1% higher. When negotiating your lease on this car, make sure to take the $5,000 lease cash that Jaguar is providing on the '07 S-Type 3.0 into account. It will help you to negotiate an attractive capitalized cost for your lease.
 
Car_man
Host
Prices Paid Forum
#45 of 55
S-Type 4.2 and S-Type R Question by rtjgolf
Jun 18, 2007 (5:30 pm)
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I want 1st say THANKS to carman and others for the help when looking for new autos!
 
Can you let me know:
1. any incentives/kickbacks going on the 2007 or 2008 4.2's and R's right now?
2. any special lease offers on the same in terms of money factor and residual
 
i'll do my best to get the cap cost down!
 
tx again in advance
 
rtj

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