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I wanted the XF, but the 51 percent residual just killed the deal. I test drove the Audi A7, Mercedes E350 Gas, E350 BluTec, BMW 528 and Jaguar XF Portfolio. I have to say that the Jaguar had the best interior in terms of clean, understated elegance and attention to detail. It also felt the most powerful. However, the German cars braked, steered and cornered marginally better while offering (nearly as) attractive packaging and more-than-adequate power. And, more to the point, except for Audi, they also presented more favorable lease terms. The XF Portfolio had an MSRP of $59875. I negotiated it down as far as the dealer would go to $55775. That is apparently pretty decent from what I'm hearing. The money rate bottomed out at .00081 for 36 mos at 15K miles, also decent. Sales tax rate is a modest 3.2 percent here. Dealer fees of $499, $795 acquisition fee. The residual for 36 mos at 15K/yr (my target) was originally quoted as 52 percent, but at the very last minute they reduced it to 51 percent claiming a "math error." They basically took away the "Jaguar modifier credit" of 1 pct. Confusing. Residuals were 60 pct at 24 mos (!) and 41 pct at 48 mos. Lease with 1st pmt (plus title/tags only up front) due upon signing and with the taxes and fees rolled in rendered a pmt of $1086 for 24 mos, $859/mo for 36 mos, and $813.43 for 48 mos. Again, all at 15K mis/yr. Pmts were $953/771/746, respectively, with 1st pmt, tax/tag/title/fees up front (around 4K) and no voluntary cap cost reduction. In my opinion, these are not particularly great lease opportunities for a mid 50'sK vehicle. Please correct me if you think I'm wrong. Even with the negotiated price way under avg and a money factor which converts to 1.94 pct. Blame the horrible residuals...and the relatively (to other brands) stingy reduction off MSRP. Mercedes, on the other hand (just to name one), offered a 64 pct residual at 30 mos, 55 pct at 36 mos, 51 pct at 42 mos and 49 pct at 48 mos. Mercedes Benz money factors are not exceptionally great for the E350 (.00145 for 36 mos at 15K miles), but their residuals save the day. Of course, it doesn't hurt that, thanks to the Winter Event, MB dealers are slashing up to 14 pct off MSRP on the E Class sedan. Heh.
Can you provide the lease rates and residuals for the Jag XF Premium assuming a lease of 12 or 15,000 mi/yr. for a 36 to 42 month lease term?
Dear Car_man: Could you please help me with the lease details on a Jaguar XJ for a 48 month 12,000 mi lease and the price of the car is 78,000.00. I was wonder what the break down of the lease would be and what the monthly payment would be? Thank you...
Car_man, Can you provide me the Jaguar Credit 36mo (buy) rates and residuals for the both the 2010 and 2011 XF? 10K mi is fine. I am trying to determine if the 2010 is really that much of a savings over a 2011. I can calculate it out myself but welcome your thoughts?
Dear Car_man: Could you please help me with the lease details on a Jaguar XF for a 36 month 12,000 mi lease? Also the dealership has a new 2008 XJ8 - the salesman says that they cannot lease a 2008 vehicle. Is that true or is he blowing smoke? Thanks
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