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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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#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
#46 of 55
24 month, pre-paid lease, Jaguar S Type, 4.2L by billjag
Jul 16, 2007 (7:53 am)
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The cost for this 24 month lease seems quite high, however we have never leased a car before. Should we be receiving a discount for the pre-payment? We are asking for only 10,500 miles per year allowance. What other things should we do to try and lower the cost.
 
Total cost is $22,300. Does this sound fair?
  
Thanks
#47 of 55
Re: S-Type 4.2 and S-Type R Question [rtjgolf] by Car_man HOST
Jul 27, 2007 (2:35 am)
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Replying to: rtjgolf (Jun 18, 2007 5:30 pm)

You're very welcome, rtjgolf. Jaguar is currently providing a $4,500 cash incentive on leases of 2007 S-Types through Jaguar Credit. It is providing $2,200 lease cash on the 2008 S-Type 4.2, but I haven't seen any cash for the '08 S-Type R.
 
I would be happy to give you an idea of what these cars' current lease programs are like, but in order for me to do so I need you to tell me how long you want to lease for and what mileage allowance you need.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#48 of 55
Re: 24 month, pre-paid lease, Jaguar S Type, 4.2L [billjag] by Car_man HOST
Jul 27, 2007 (2:40 am)
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Replying to: billjag (Jul 16, 2007 7:53 am)

Greetings billjag. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.
 
You definitely should receive a reduction in the money factor that is being used to calculate the interest cost of your lease if you pay for the entire thing in advance. I am not sure exactly how much of a money factor reduction Jaguar Credit provides on pre-paid leases though.
 
The best way to get a good deal on a lease is to negotiate the lowest possible selling price on the car that you want. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Negotiate a selling price that is as close to dealer invoice as possible and the have the dealer that you are working with subtract the available lease cash from that number to come up with a capitalized cost for your lease.
 
Car_man
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#50 of 55
Re: S-Type 4.2 and S-Type R Question [Car_man] by jagtn
Jul 27, 2007 (3:55 pm)
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Replying to: Car_man (Jul 27, 2007 2:35 am)

I will be leasing a 2008 Jaguar S-Type 4.2. I will be doing a 36 month lease. Mileage can be 10,000/year. Can you tell me what the corresponding residual and money factors are? Is there any other cash available (other than the $2,200 you mentioned)? Thanks
#51 of 55
Re: S-Type 4.2 and S-Type R Question [Car_man] by misterjim
Aug 10, 2007 (9:32 am)
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Replying to: Car_man (Jul 27, 2007 2:35 am)

My local Orange County, CA dealer is advertising a S-Type 3.0 base model at $499/mo, 24 mo, $5k driveoff lease with 10,500 miles per year. Not clear if the cost of the car has been reduced to get to these figures. The payment is reasonable, but the driveoffs seem pretty high for just a 2 year lease. Presumably to get to these numbers, they've accounted for the $4k of lease incentives you mention - though I see nothing about that on the Edmunds website currently.
 
Any idea on the money factors they're using or if I'm missing something? How much lower can I get them to go down?
#52 of 55
Re: S-Type 4.2 and S-Type R Question [misterjim] by britcrlvr
Aug 10, 2007 (11:34 pm)
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Replying to: misterjim (Aug 10, 2007 9:32 am)

you are being hosed 499 seems high for this car.
 
1) Contact Bauer Jag ask them how many S types thhey have in stock and tell them you want to lease. I used them to get the price of my local jag dealer to come down on an xj model 5000 dollars.
 
2) are you sure you want this car
a) fit and finish suck (to put it mildly)
b) this is a glamorized ford with Ford reliability
c) this model can't be moved fast enough, it will be discontinued by early 08.
d) slow sales have contributed to its demise.
 
3) If you really want a jag, which will be trouble free may I suggest a used XJ model no older than the 04 model year.
 
reliability is improved, it is jag quality, and these cars can be found on the cheap, with low mileage and a decent waranty.
 
Consider yourself warned about the potential problem of the S type.
#53 of 55
Re: S-Type 4.2 and S-Type R Question [britcrlvr] by misterjim
Aug 15, 2007 (2:35 pm)
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Replying to: britcrlvr (Aug 10, 2007 11:34 pm)

Wow - i recognize that when you get this car, you're taking your chances, but after owning Audis and BMWs for 8 years, not being inspired by the design and/or performance of the Mercedes, Lexus, Infiniti, Acura, etc, it seems worthwhile to take a serious look at this car. The 2007 models share many of the same components inside, still turn heads, and have above average performance in a luxury car.
 
I don't mind the fact the car doesn't have a lot of company on the road...these days I can't tell a BMW from a Honda
#54 of 55
Re: S-Type 4.2 and S-Type R Question [misterjim] by Car_man HOST
Sep 05, 2007 (1:13 am)
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Replying to: misterjim (Aug 10, 2007 9:32 am)

Hi misterjim. $5,000 is too much money to pay at lease signing. It has to include a significant capitalized cost reduction. I always advise consumers against making large cap cost reductions on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. You would be much better off going with no cap cost reduction on this lease.
 
As far as Jaguar's current lease program for this model goes, if you were to lease a 2007 S-Type 3.0 through Jaguar Credit right now for 24 months with 10,500 miles per year its buy rate lease money factor and residual value should be .00024 and 50%, respectively. As I mentioned earlier, Jaguar is providing $4,500 lease cash on this model.
 
It's difficult for me to say how much less you will be able to get this car for without knowing its selling price. Negotiate as low a selling price as you can on the car that you want and then have the dealer calculate your monthly payment using the aforementioned lease program. I personally would shoot for a capitalized cost of $3,500 to $4,000 below invoice (using the lease cash) and see what happens.
 
Car_man
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