Last post on Apr 02, 2008 at 7:01 AM
You are in the Prices Paid & Leasing Experiences Archive
What is this discussion about?
Jaguar S-Type, Jaguar S-Type R, Car Leasing, Car Buying, Sedan
#67 of 68 Re: S-Type 4.2 and S-Type R Question [misterjim]
by Car_man HOST
Sep 05, 2007 (2:13 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.
Prices Paid: Buying & Leasing Experiences Forum
Apr 02, 2008 (7:01 am)
Anyone have any idea as to deals offered on leasing a new 2008 S-Type?