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Jaguar XF Lease Questions

291 messages,  Last post on May 07, 2013 at 4:56 PM

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What is this discussion about? Jaguar XF, Car Buying, Car Leasing, Sedan

Messages Page 24 of 30

#222 of 291 Re: Leasing a 2012 Jag XF Portfolio [Car_man] by woodsdrums

May 19, 2012 (1:27 pm)

Replying to: Car_man (May 03, 2012 4:13 pm)
I'm Sorry I missed your reply before I had to finalize the deal for my wife's new car...now that I have the time I can give you and others feedback on how things worked out....the fact that I didn't have your information did cost me....but, here's the deal I got:
 
MSRP: $59875
Gross Cap Cost: $54903.66(includes destination charges)
 
Down Payment: $3000 - covered the following 6 items
1.Capitalized cost reduction: $953.15
2.Bank Acquisition Fee: $795
3.First monthly payment: $727
4.Initial registration fees: $447
5.Cash Cap tax: $69.10
6.California tire tax: $8.75
 
Adjusted Cap Cost: $53995
Residual Value: 23351
Money Factor: .00051 (I was told that this was the top tier Chase’s leasing rate
Term in Months: 48
Sales Tax: 7.25%
 
For the following amount:
Monthly Payment: $677.86
            Sales Tax: $49.14
                   Total: $727.00
 
I was told there was no incentives available to the customer or the dealer, and yet you said Jaguar is providing a $1200 incentive...I think they gave part of it to me anyway because they sold me the car for $54903.66...But, can they markup the money factor rate from .00032 to .00051 and tell the customer that that is the top rate?
Also, please let me know overall what you think of this deal.
Thanks

#223 of 291 Re: May 2012 - Residual & Money Factor - XF Base [Car_man] by nd_irish

May 19, 2012 (6:35 pm)

Replying to: Car_man (May 17, 2012 6:07 pm)
Hi Car_man-
 
Once again, thank you for the information. With regard to the $3,400 cash inventive, is this a number you would expect to be deducted from the final negotiated price of the car? The reason I am asking is that it looks like for the advertised base XF lease special on the Jaguar Web site, the final sales price of the car would have to be a few thousand dollars less than the dealer cost for the vehicle. Let me know. Thanks!

#224 of 291 Re: Leasing a 2012 Jag XF Portfolio [woodsdrums] by Car_man HOST

May 20, 2012 (11:34 am)

Replying to: woodsdrums (May 19, 2012 1:27 pm)
Hi woodsdrums. The money factor that you were quoted is pretty close to Chase's buy rate for a 48-month lease of this car in April. The selling price looks good as well. If you like the car, I personally don't see anything wrong with this deal. Enjoy your new ride!
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#225 of 291 Re: May 2012 - Residual & Money Factor - XF Base [nd_irish] by Car_man HOST

May 20, 2012 (11:35 am)

Replying to: nd_irish (May 19, 2012 6:35 pm)
You're welcome nd_irish. You definitely should take the cash incentive into account when negotiating the selling price for the vehicle that you want. Chances are that Jaguar is taking at least part of it into account in its official advertised payment for this car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#226 of 291 July XF incentives by senecastone

Jun 29, 2012 (7:11 am)

Hi - would you be able to tell me the residual, money factor, and incentives for the base model XF in July? Also - do you know how the money factor differs for tier 1 vs tier 2 credit? Thank you for your help, it's great that you are able to supply this information.

#227 of 291 Re: July XF incentives [senecastone] by Car_man HOST

Jul 10, 2012 (3:33 pm)

Replying to: senecastone (Jun 29, 2012 7:11 am)
Sure senecastone. Chase's July buy rate lease money factor and residual value for a 36-month lease of a 2012 base XF with 15,000 miles per year are .00004 and 44%, respectively for consumers who qualify for its top credit tier. I don't know what the difference between Tier 1 & 2 is offhand, but I'll see if I can find out for you.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#228 of 291 Re: July XF incentives [Car_man] by newxf

Jul 10, 2012 (6:33 pm)

Replying to: Car_man (Jul 10, 2012 3:33 pm)
Hi Car Man,
 
Thank you for the updated July info on the 36 month lease rates. A couple questions for clarification:
 
1. Does the lease residual for 15K mi/yr at 44% = 10K mi/yr at 47% (plus 3%)? The Jaguar USA web site seems to indicate a 10K mi/yr lease residual is 46% ($24783/$53875). Is there an additional 1% residual to be had at 10K mi/yr?
 
2. How much of a lease incentive to dealer is still in place? For a 36 month 10K mi/yr, using a MF = 0.0004 and residual = 46% seems to indicate an incentive of roughly $2850 applied. You mentioned that previously the total lease incentive to dealer was actually $3400- is this full $3400 still available?
 
Thanks for all the _very_ helpful info!

#229 of 291 Re: July XF incentives [newxf] by newxf

Jul 11, 2012 (9:25 pm)

Replying to: newxf (Jul 10, 2012 6:33 pm)
Sorry Car Man, a quick correction on my second question posted above- I included my state tax in the calculation by mistake. Based on the Jaguar USA current lease offer for a 36 month 10K mi/yr, using a MF = 0.0004 and residual = 46% seems to indicate an incentive of roughly $1580 applied (not $2850). In any case, is the full $3400 dealer lease incentive still available in July?
 
Thanks again!

#230 of 291 Re: July XF incentives [newxf] by Car_man HOST

Jul 16, 2012 (4:46 pm)

Replying to: newxf (Jul 10, 2012 6:33 pm)
You're very welcome newxf. I believe that one used to add 3% to Jag leases to convert them from 15k to 10k when they leased through Jaguar Credit. After they were sold by Ford and switched to leasing through Chase I believe that the low mileage adder for 10k dropped to 2%.
 
Pretty good estimate, newxf. Jaguar is providing a $2,900 cash incentive on 36-month leases of base '12 XF models through Chase.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#231 of 291 Re: July XF incentives [Car_man] by newxf

Jul 19, 2012 (1:47 pm)

Replying to: Car_man (Jul 16, 2012 4:46 pm)
Thanks Car_man, great info. I take it this means a 10K mi residual would be 46%, and that for 12K mi Jaguar Credit only adds 1% (45%)?
 
Jaguar USA is advertising that their current XF lease offer runs through the end of August. Do you think the current MF, residual, and incentive will continue to get worse in August (July numbers weren't as favorable as June's)? Or any chance they'll improve with the release of 2013's in August?
 
Thanks for the advice!

Messages Page 24 of 30

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