Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences Jaguar XF Lease Questions
100 messages, Last post on Nov 03, 2009 at 2:41 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
|
Replying to: green33 (May 31, 2009 1:09 pm) Assume that a vehicle is $50k on a purchase, but $45K for a lease.. If you buy it, you'll finance $53K ($50K + 6%tax) for 60 months  5% = $1000/mo. If you lease it, assume a CAP cost of $46K (to account for acq.fee), You'll probably have a payment around $930/mo., including tax (just estimating). After six months, you should have a buyout of around $42K (or less.. assuming some fees..). Adding tax, finance about $44,500 for 54 months.. for a payment of around $922/mo.. So, basically, you'll knock around $70-$75/mo. off the purchase cost over the five years.. You'll save the $5K incentive, but you'll be out the acquisition fee, and possibley some other transaction costs.. A net gain of around $4K. This is a general description... you'd have to do the actual numbers to get a more accurate calculation.. Possible issues: Third-party bank lease... Can you pay off after six months with no penalty? regards, kyfdx |
|
|
Replying to: jwiz1 (May 31, 2009 6:57 am) 1. Jaguar picked up my last 2 payments on my existing S-Type lease as well as the disposition fee - total a little under $1,800. 2. The price paid for the XF Prem. Lux. was $47,850. After sales tax (on the entire purchase price upfront in Illinois), acquisition fee, title, and license, less $1,000 down, the payment is $857 (48 month, 12K miles, 30% residual, .0023 (i.e., 5.52%) money factor). This was offered through US Bank. 3. If I passed up the incentive discount in order to get better lease terms (through Chase I presume), the payment would have been higher. Assuming I could have purchased the car at $1,000 over invoice (invoice was $53,851) and kept the same money factor, the residual for a 48 month, 12K/year lease would have had to be 43% to keep the same payment. I have not seen that high of a residual for a 48 month 12K lease anywhere. 4. The quirky Illinois sales tax system also plays an important part in all of this since sales tax is paid upfront on the entire purchase price of the car (not just the portion used up during the lease term) and then again on the residual should you decide to buy it at the end of the lease term. So it is much better to have a low residual and low purchase price vs a high residual and high purchase price even if the payments are identical (i.e., the depreciable amount is the same). In my case, if I were to buy the car at the end of the lease, the sales tax savings in total would be close to $1,100. Have had the car for a week. What a great ride! A significant upgrade over the S-Type that it replaces in the Jaguar lineup. |
|
I am sooo confused by everything. I live in PA. and we have 6% tax. I am looking to lease a 2009 Jaguar Luxury XF. The only extra I would like is the Cold Climate Package. I was quoted for a basic Jaguar with nothing extra $699.00 including tax and $2500 down. Is this a great deal...good deal..? HELP. I want to get into this car for the best deal, that's why I waited so long. What should I be paying a month?
|
|
|
Replying to: faith23 (Jun 06, 2009 2:05 pm) 
|
|
|
Leasing has changed dramtically and iff you are used to leasing you are looking for some great residual at the end so that your payment is lower! If you are not going through a company that leases like Infiniti, Audi or Lexus, the banking residuals stink! How many of actually buy the car at the end of the lease? So who do you think eats the differance for what the bank says the car is worth and what it will acutally bring at auction? I have been dealing with a Jaguar Sales Guide, who used to work for Saturn...yeah you know the one price store. Honesty... She said that everyone she meets is so focused on the cap cast reduction and the residual, becuase they have been leasing for years and like most smart people, want to know where thier money is, but what no one gets is that all of those Denalis, Cadilacs, Yukons and other "gas guzzling" cars were leased and when the gas prices went up the vehicles were worth half. I'm a nurse and I work hard for my money. I'll admit that I usually buy my cars and run them into the ground, then I got into leasing. Now I want to buy again and leasing the XF for 36months and then buying it at 2.9% finacing is a no brainer. That residual being so low makes the car worth buying. I think that the problem is car sales people are scared and things are lean so if they don't take the time to explain things and help us through the changes, they fudge it and that is frustration. 
|
|
|
Replying to: kyfdx (Jun 07, 2009 8:27 am) |
|
|
Just got the following quote. Is this a good deal? It's a no money down, 36 month, 12K/year lease on a 2009 premium luxury with advanced vision package. Will appreciate any feedback. MSRP 56,975.00 LEASE TERM 36 MONTHS LEASE END VALUE % 39.00% LEASE FACTOR 0.00212 INITIAL CAP COST 44,803.00 ACQ DOC ACC 840.00 TOTAL MILES 36k MILAGE PENALTY RATE 0.18 LEASE END VALUE $ 22,220.00 CALIF TIRE FEE 8.75 LIC & REG 603.00 AMT DUE AT START 1479.74 BASE MONTHLY RATE 794.50 MONTHLY TAX 9.25% 73.49 TOTAL MONTHLY PAYMENT 867.99 |
|
|
Replying to: sai1 (Jun 10, 2009 3:34 pm)
|
|
|
Replying to: larvid (Jun 10, 2009 6:13 pm) |
|
|
Replying to: sai1 (May 30, 2009 11:33 am) Chase's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Jaguar XF Premium Luxury with 15,000 miles per year are .00023 and 51%, respectively. The numbers for an otherwise identical lease of an '09 XF Luxury are .00015 and 52%. I believe that the 12,000 mile per year residual values for leases through Chase are 2% higher than its 15k residuals. Chase's current 24 month, 15k buy rate lease money factor and residual value for the 2009 Jaguar XF Supercharged are .00015 and 55%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Jaguar XF Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Jaguar XF
Browse by Board
Browse by Topic
