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Re: 2007 jaguar x-type lease [rossw21]
by Car_man on Wed Sep 05 02:42:32 PDT 2007
Here's the information that you're looking for, rossw21. Jaguar Credit's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Jaguar X-Type with 15,000 miles per year are .00072 and a brutal 39%, respectively. The numbers for an otherwise identical 48 month lease are .00132 and 31%. As you can see, this car's residual values are pretty bad. When negotiating your lease on it, make sure to take the $1,500 lease cash that is currently available on it into account. It will help you to negotiate an attractive capitalized cost for your lease. The selling price that you were quoted for the X-Type that you are interested in is extremely low. It is well below dealer invoice. I suspect that the dealer that you are working with is running your lease through a bank other than Jaguar Credit. By doing so, they can take advantage of a special $6,000 dealer cash incentive that is available on leases of this car through independent banks. If this is indeed the case, then you will not be able to take advantage of the aforementioned special lease program and I cannot use the prices that you mentioned to work up a sample lease payment for you. Ask the dealer that you are working with what bank they are going to run your lease through. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
Jaguar Lease Questions
by nlkleinberg on Tue Sep 05 15:33:30 PDT 2006
Hi Carman: OK, I'm back after 3.5 years. My 2003 BMW 5-Series car's warranty is up next May and I'm shopping for a replacement. I want something different and am looking at Jaguar (call me crazy, call me nutsy, my wife does and she's a shrink). Given the uncertain resale value I'd like to lease it, which would be my first time doing so. I have several questions I hope you can help me with: 1. Given that one shouldn't put anything extra down as a capital cost reduction (because of the possibility of totalling the car and losing the up front money) does this mean that I really shouldn't think of trading in my old car? Would CCR derived from a trade-in be treated any differently than CCR gained via cold, hard cash? 2. I'm looking at new cars, either a 2007 XJR or 2007 S-Type R. Can you tell me what the lease buy rate would be (through Jaguar) for each of these? Also, what kind of up front payments are ABSOLUTELY REQUIRED (e.g. Acquisition, Bank Fee, Security Deposit)? I'll pay what I have to but not something which is thinly-disguised dealer profit. The dealer is entitled to make money but let's call it what it is. 3. Finally, are there any Jaguar incentives for either of these models (even for 2006)? I'd like to know how much play I have in negotiating a price. Thanks in advance. I KNOW I'll wimp out and get a lousy deal (regardless of the make) but I like to ACT like I know what I'm doing. :) =NLK=
Re: Lease Question-X-Type 3.0 [zillz]
by Car_man on Mon Nov 28 04:21:04 PST 2005
Greetings zillz. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Consumers can and should lease any new vehicle that they are interested in without making any sort of down payment. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Jaguar would be exactly the same, regardless of whether you had put several thousand dollars down, or had made absolutely no down payment at all. At lease signing, you will just have to pay your car's first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 or $50 increment, Jaguar Credit's $495 lease acquisition fee, and any required state taxes or fees. I would be happy to give you an idea of what sort of lease payment you can expect on this car, however in order for me to do so I need you to provide me with its full MSRP and an approximate selling price. Always remember that the selling prices of leased vehicles are negotiable. Car_man Host Smart Shopper / Prices Paid Forums

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