Jaguar X-Type Lease Questions

20 messages, Last post on Sep 05, 2007 at 7:22 AM

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What is this discussion about? Jaguar X-Type, Car Leasing, Sedan, Wagon

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#18 of 20 Re: 2007 jaguar x-type lease [rossw21] by Car_man HOST Sep 05, 2007 (2:42 am)
Replying to: rossw21 (Aug 16, 2007 9:02 am) Here's the information that you're looking for, rossw21. Jaguar Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jaguar X-Type with 15,000 miles per year are .00072 and a brutal 39%, respectively. The numbers for an otherwise identical 48 month lease are .00132 and 31%. As you can see, this car's residual values are pretty bad. When negotiating your lease on it, make sure to take the $1,500 lease cash that is currently available on it into account. It will help you to negotiate an attractive capitalized cost for your lease. The selling price that you were quoted for the X-Type that you are interested in is extremely low. It is well below dealer invoice. I suspect that the dealer that you are working with is running your lease through a bank other than Jaguar Credit. By doing so, they can take advantage of a special $6,000 dealer cash incentive that is available on leases of this car through independent banks. If this is indeed the case, then you will not be able to take advantage of the aforementioned special lease program and I cannot use the prices that you mentioned to work up a sample lease payment for you. Ask the dealer that you are working with what bank they are going to run your lease through. Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: im_brentwood (Sep 05, 2007 7:22 am)
#19 of 20 Re: 2007 jaguar x-type lease [Car_man] by im_brentwood Sep 05, 2007 (7:22 am)
Replying to: Car_man (Sep 05, 2007 2:42 am) IIRC Chase Auto finance is around 37% on a 12k lease and they have approximately .00280 money if you are tier 1. Don't quote me on this exactly, but if I recall I am quite close. Jaguar Credit's program is better, but the extra $4,500 in trunk money negates their program on the X-Type... even though you pay more interest with Chase, your net cost is lower.

#18 of 20: Re: 2007 jaguar x-type lease [rossw21] by Car_man HOST; Sep 05, 2007 (2:42 am)

Replying to: rossw21 (Aug 16, 2007 9:02 am)

Here's the information that you're looking for, rossw21. Jaguar Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jaguar X-Type with 15,000 miles per year are .00072 and a brutal 39%, respectively. The numbers for an otherwise identical 48 month lease are .00132 and 31%. As you can see, this car's residual values are pretty bad. When negotiating your lease on it, make sure to take the $1,500 lease cash that is currently available on it into account. It will help you to negotiate an attractive capitalized cost for your lease.

The selling price that you were quoted for the X-Type that you are interested in is extremely low. It is well below dealer invoice. I suspect that the dealer that you are working with is running your lease through a bank other than Jaguar Credit. By doing so, they can take advantage of a special $6,000 dealer cash incentive that is available on leases of this car through independent banks. If this is indeed the case, then you will not be able to take advantage of the aforementioned special lease program and I cannot use the prices that you mentioned to work up a sample lease payment for you. Ask the dealer that you are working with what bank they are going to run your lease through.

Car_man
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Prices Paid: Buying & Leasing Experiences Forum

im_brentwood (Sep 05, 2007 7:22 am)

#19 of 20: Re: 2007 jaguar x-type lease [Car_man] by im_brentwood; Sep 05, 2007 (7:22 am)

Replying to: Car_man (Sep 05, 2007 2:42 am)

IIRC Chase Auto finance is around 37% on a 12k lease and they have approximately .00280 money if you are tier 1. Don't quote me on this exactly, but if I recall I am quite close.

Jaguar Credit's program is better, but the extra $4,500 in trunk money negates their program on the X-Type... even though you pay more interest with Chase, your net cost is lower.