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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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#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.
#223 of 428
Re: What do you think of this lease offer? [rten] by texasguy8
Jun 21, 2008 (4:28 pm)
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Replying to: rten (Jun 21, 2008 3:45 pm)

Thanks to both of you. I was aware of the difference in the 2 cars and that made my price even more out of line. I was not aware of the point you made about how they calculated the numbers. I am going to see if they use US Bank. If not and I can't get the monthly down considerably, I am moving on. If I get any new numbes, I will post them to let you eagle eyes look them over. Thanks again.
#224 of 428
Re: Mileage???? [donfenn] by phantom5
Jun 21, 2008 (7:19 pm)
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Replying to: donfenn (Jun 14, 2008 10:38 pm)

$899 with 5k down, $1035/month with $0 down. And the XF is the car that is supposed to save jag. what am I missing here?? I live in Scottsdale Arizona where every other car seems to be a luxury car from BMW, Ferrari, Mercedes etc. you get the idea. I'm not sure how long the XF has been out for but I've seen a total of 1 XF on the road. There are two Jag dealerships here and I see Supply is not a problem but I see NO demand for these cars when BMW and Mercedes, lexus and infiniti all being very aggressive with their leases.
 
Again, I'm Jag's new Target, I'm 39 and will be in the market for a new car in 5 months. I never would of consider Jaguar until I saw the one and only XF driving down the road. But until TATA motor gets inline with their leases I will go else where. In this luxury class the choices are many. My current car 06 navi. fully loaded sale price was $54k. 36 month lease 15k/miles year $2500 total out of pocket and $762/month. My previous car was in the first year of production Hummer H2 sale price $61K and was out of pocket $3800 for 24 months 15k/miles per year $849/month.
So I dont understand where Jag is coming from when they like the other proven companies are not competing with the leases out there. I can lease a 2008 535i Loaded, Prem, sport, navi, etc for $2500 out of pocket and $725/month for 24 months 12k/miles year. Yes the XF is a beautiful car and I understand the law of supply and demand. I see the supply but where is the demand??

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