Lease Rates?
Any idea on what leases are going to look like on the F-Pace? I spec'd out an F-Pace S the way I wanted and I think the MSRP was $65,000. Just curious what a lease payment would be. Similarly priced F-Types are something like $699/month (with $5k DP?).
Using the XF in a similar price would be a little closer to the F Pace for a lease estimate. Try to match engine tunes, as the S models can have slightly different programs.
The F Pace snd XE are going to have very competitive. BMW is also a good comparison to use as that's Jaguar's target.
The F Pace snd XE are going to have very competitive. BMW is also a good comparison to use as that's Jaguar's target.
I know the online calculator isn't an exact payment, but I was genuinely surprised that the XE and F-Pace seem to have drastically different lease rates. I built both to within a few hundred dollars of one another and with the same terms the F-Pace was showing nearly $100 more per month
I looked at leasing mine, but the 50% depreciation rate after 3 years seemed very high to me. For my First Edition, a lease for 3 years, they said payments would be $1,260 per month. I decided to purchase instead.
Was that with 0 down? That seems really steep.
Yes, essentially 0 down aside from the $2,656 down for fees and the first payment/deposit. Total price was $71,570. They told me the residual value after a 3 year lease would be $35,348. It would be $1,260 per month for 36 months. With those terms/numbers it made much more sense to me to purchase. I'm in California - and our "tire tax" is 8.75%. Hope that helps. And I agree, it was steep.
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Yes, essentially 0 down aside from the $2,656 down for fees and the first payment/deposit. Total price was $71,570. They told me the residual value after a 3 year lease would be $35,348. It would be $1,260 per month for 36 months. With those terms/numbers it made much more sense to me to purchase. I'm in California - and our "tire tax" is 8.75%. Hope that helps. And I agree, it was steep.
I was surprised too by the residual value. Maybe they don't know what it will truly be since this is the first model? I'll post some photos on Friday when I pick it up and let you know how it drives. I test drove the XJ before reserving the F-Pace just to get a general feel for it - but I'm sure I'm going to love it. I'm curious about the XE as well - and am surprised more people aren't jumping on that deal. Dealer says he sold out of the F-Pace but only has small number reserved for XE. Best wishes to you as well. Very exciting.
I was surprised too by the residual value. Maybe they don't know what it will truly be since this is the first model? I'll post some photos on Friday when I pick it up and let you know how it drives. I test drove the XJ before reserving the F-Pace just to get a general feel for it - but I'm sure I'm going to love it. I'm curious about the XE as well - and am surprised more people aren't jumping on that deal. Dealer says he sold out of the F-Pace but only has small number reserved for XE. Best wishes to you as well. Very exciting.
$1200 a month is kind of steep for that kind of car. I was estimating lease payments to start off in the low 500's (base/lightly equipped) and reach the 700-800's
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