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2009 Jaguar XF

428 messages,  Last post on Nov 12, 2009 at 2:43 PM

You are in the Jaguar XF Forum. Your Hosts are pat & karens

What is this discussion about? Jaguar XF, Future Vehicle, Sedan


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#213 of 428
Press Request by KarenS HOST
Jun 18, 2008 (12:21 pm)
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A reporter from a large finance magazine is looking to speak to consumers who just purchased a new Jaguar XF. If you’re interested in speaking to the reporter, please contact Chintan Talati at ctalatiedmunds.com with your daytime contact information no later than June 23, 2008.
#214 of 428
New XF S/C by xn07247
Jun 20, 2008 (9:50 pm)
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Took delivery of a new XF S/C. Love the car but miss alot of the features of my previous Infiniti M45. especially the navigation system. The Infiniti had superior electronics in almost every category including awesome DVD surround sound stereo, predictive backup camera, tire pressure readouts, maintenance logging/reminders, seating position memory on key fobs, etc., etc. And the Infiniti voice controlled everything - the Jag only controls Nav and Telephone. The REALLY annoying thing about the Nav is you can't enter a destination with voice while driving, only by entering manuallly while stopped. Though the touch screen is nice compared to the dial inputs in the BMW and the like.
 
On the plus side, the fit and finish is excellent. The car has the most luxurious interior I've owned with minimal use of plastics and maximum use of leather and wood. Very quiet and it feels very solid, very heavy. But fast and it handles amazingly. And it's a work of art on the exterior. Constantly getting compliments and I have a unique car that you don't see on the road very often.
 
So I'll eventually get used to not having the electronic luxuries and appreciate the car for what it really is, a true driving machine.
 
I'm in New york and leased through US Bank. With a few dealer add-ons (tinted windows, spoiler, chrome power vents), my 39 month, 12k lease is $899/month with about $5k out-of-pocket (mostly New York State taxes). Compares pretty favorably to the competition for a fully loaded XF.
#215 of 428
What do you think of this lease offer? by texasguy8
Jun 21, 2008 (11:35 am)
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I am looking at a 2009 XF. I am curious what others think of this offer from the dealer?
XF Premium
MSRP: $57850
selling price: $55850
12K per year
39 months
residual 50%
MF .00332
all taxes and fees included
1st month due at signing
$1096/month
#216 of 428
Re: New XF S/C [xn07247] by texasguy8
Jun 21, 2008 (11:38 am)
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Replying to: xn07247 (Jun 20, 2008 9:50 pm)

XN: my post is below. It appears that you got a much better deal that they are offering me. What was your MSRP versus selling price? what MF and residual did they use?
Thanks
#217 of 428
Re: New XF S/C [texasguy8] by british_rover
Jun 21, 2008 (11:51 am)
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Replying to: texasguy8 (Jun 21, 2008 11:38 am)

Well he did put 5,000 dollars down to pay his sales tax up front since he is in New York and that is pretty much required in that state. How much total out of pocket is your lease quote and is sales tax included in your monthly payment?
#218 of 428
Re: New XF S/C [british_rover] by texasguy8
Jun 21, 2008 (12:34 pm)
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Replying to: british_rover (Jun 21, 2008 11:51 am)

Thanks for getting back to me. The sales tax and aquisition fee ($4795) is included in lease. I only pay the 1st month's lease at signing; no other fees or costs.
#219 of 428
Re: New XF S/C [texasguy8] by xn07247
Jun 21, 2008 (1:09 pm)
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Replying to: texasguy8 (Jun 21, 2008 11:38 am)

Not an exact science since you can't residualize the add-ons (tint, spoiler, etc.), and they essentially threw them in for nothing to make the deal. However, based on what the dealer's price was for those add-on's, here are the numbers:
 
MSRP $63,275
with extras $65,383
Cap cost $61,675
residual 52% ($32,903)
Money Factor .0018
 
Hope this helps.
#220 of 428
Re: New XF S/C [xn07247] by texasguy8
Jun 21, 2008 (1:17 pm)
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Replying to: xn07247 (Jun 21, 2008 1:09 pm)

Thanks again. This sure helps. I see that my offer was not good at all when I look at what your dealer gave you. The big difference is the MF .0018 vs .00332. There is also 2% difference in the residual and you got 5 1/2% off MSRP and they are giving me 3 1/2%. I think I will move on and look at another car. Much appreciate your information.
#221 of 428
Re: New XF S/C [texasguy8] by british_rover
Jun 21, 2008 (2:25 pm)
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Replying to: texasguy8 (Jun 21, 2008 1:17 pm)

You guys aren't comparing the same car, XF Premium vs XF SC, or the same leasing companies for that matter.
 
XN is leasing through US bank who right now has fairly aggressive numbers for most jags and Land Rovers. It looks like texas's dealer is using Jaguar Capital Group and since Jag and LR are still running all of their leasing business through Ford but aren't owned by Ford any longer Ford is not offering aggressive leasing programs.
 
Texas ask your dealer if they are signed up with US bank and if they aren't they should be. Call around to find a Jag dealer that is signed up.
#222 of 428
Re: What do you think of this lease offer? [texasguy8] by rten
Jun 21, 2008 (3:45 pm)
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Replying to: texasguy8 (Jun 21, 2008 11:35 am)

Hi texasguy,
 
It's interesting to see that Jag is starting to deal on these cars, which I think are the car to beat in this category over the next few years. I couldn't wait, so I recently made a deal on another E350 4matic, which have EXTREMELY aggressive lease rates ( .72% equivalent lending rate - no, that is not a typo), and heavy reduction from MSRP. So, it's essentially free financing on a heavily discounted car.
 
About your deal, it's looks straight forward, but your monthly payment is based on a monthly cost of depreciation that subtracts the residual from the MSRP, and it should be based on the residual subtracted from your net CAP COST. This means your net payment should be $1034/month, assuming an 8.25% sales tax rate. And, your financing rate based on this is 7.68%, which sounds like Jag's financing terms, and I hear that US Bank goes a couple of points lower. Otherwise, your financing cost must be much higher if the depreciation was calculated from the CAP COST.
 
Remember, your final lease contract will only state dollar figures, not percentages, so the correct cost of the lease is irrelevant once you've agreed to a final price. the percentages and numbers can be manipulated and played with to the dealers or leasing company's advantage.
 
Other than that, the XF is a beautiful car, and I hope it lives up to it's promise, and I'm sure you'll enjoy the car at whatever price you pay. My motto is that you can always get a better deal, and you can always get a much worse deal.

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