F-Type Pricing
Looking at switching both my wife and my cars from BMW to Jaguar with an F-Type and F-Pace.
I've done the pre-order on the F-Pace and now looking at F-Type pricing.
First very disappointed with my local dealer; trying to get pricing from them is worse than pulling teeth; Its honestly like they don't want my money...
Anyway the residuals on the F-Type Coupe v6 auto look great at 64%, the dealer isn't doing me too many favors on pricing but is a couple of k less than MSRP, the issue on the lease through seems to be the money factor.
My credit score is 820+ but the MF is 0.002180 or 5.32% APR.
I know interest rates are going up but this seems very very high. This is approx. what the monthly charge will look like.
Base Payment (39 months)$567.69 Rent Charge (interest)$240.80Tax$56.59Total Monthly Payment$865.09
Is everyone else seeing the same? It doesn't bode well for the F-Pace.
I've done the pre-order on the F-Pace and now looking at F-Type pricing.
First very disappointed with my local dealer; trying to get pricing from them is worse than pulling teeth; Its honestly like they don't want my money...
Anyway the residuals on the F-Type Coupe v6 auto look great at 64%, the dealer isn't doing me too many favors on pricing but is a couple of k less than MSRP, the issue on the lease through seems to be the money factor.
My credit score is 820+ but the MF is 0.002180 or 5.32% APR.
I know interest rates are going up but this seems very very high. This is approx. what the monthly charge will look like.
Base Payment (39 months)$567.69 Rent Charge (interest)$240.80Tax$56.59Total Monthly Payment$865.09
Is everyone else seeing the same? It doesn't bode well for the F-Pace.
When I bought my F-Type I worked with an absolutely excellent dealer who was very transparent about everything price related and had very very aggressive pricing. If you'd like his info, PM me. His dealership does lots of out of state stuff so I'm sure shipping a car to you would be easy.
I'm in Northern NJ; Its taken over 2 weeks to get a price from him. Even then the email said he was quoting for a V6S but it was obviously V6 pricing.
He then confirmed the spec as a v6 with premium+vision and perf seats; Pricing looked good so I asked him to check the spec. Another few hours later he ups the price $5k and says I made a mistake.
Crux is though why is the money factor so high? He's saying that's Jag nationwide rate.
He then confirmed the spec as a v6 with premium+vision and perf seats; Pricing looked good so I asked him to check the spec. Another few hours later he ups the price $5k and says I made a mistake.
Crux is though why is the money factor so high? He's saying that's Jag nationwide rate.
I ended up buying my car from a dealer that wasn't local, since they had the car I wanted and were willing to negotiate.
Many dealerships will say that you have to buy from them since they are your local dealer, but you can find dealerships who will bargain if you're willing to look further afield. So, you can always look at other dealerships in your state, or even out of state if you're willing travel a bit and drive back (or have the car shipped.) Of course buying out of state means you may get double dipped on fees too. Dealers aren't allowed to advertise to people in another dealership's franchise area, but that doesn't stop consumers from going wherever they want.
In any case, for a 2016 model year you should be able to get at least 5% off MSRP at this point, and some have managed to get as much as 10% off. On a 2017 model year pre-order, don't expect much, if any, discounts unless you're using a buying service or can find a dealer who is willing to negotiate. Once the 2017 cars have been on the lot a few months, you should start seeing better discounts. Invoice is only 6% below MSRP and JLR doesn't offer holdback, so you don't have too much wiggle room on a new model year vehicle... 4-5% is considered a good deal.
I'd shop around a bit more if you want a better price. If you're buying two vehicles I'd think most dealerships would be happy to cut some kind of deal.
Many dealerships will say that you have to buy from them since they are your local dealer, but you can find dealerships who will bargain if you're willing to look further afield. So, you can always look at other dealerships in your state, or even out of state if you're willing travel a bit and drive back (or have the car shipped.) Of course buying out of state means you may get double dipped on fees too. Dealers aren't allowed to advertise to people in another dealership's franchise area, but that doesn't stop consumers from going wherever they want.
In any case, for a 2016 model year you should be able to get at least 5% off MSRP at this point, and some have managed to get as much as 10% off. On a 2017 model year pre-order, don't expect much, if any, discounts unless you're using a buying service or can find a dealer who is willing to negotiate. Once the 2017 cars have been on the lot a few months, you should start seeing better discounts. Invoice is only 6% below MSRP and JLR doesn't offer holdback, so you don't have too much wiggle room on a new model year vehicle... 4-5% is considered a good deal.
I'd shop around a bit more if you want a better price. If you're buying two vehicles I'd think most dealerships would be happy to cut some kind of deal.


