I'm planning on getting a v6 ftype that I saw at the dealer with an msrp of 75000 and I negotiated the price to go down to 73800. I'm putting a down payment of 5000 and the lease is for 30 months with 10k miles a year.
Can anybody help me estimate the lease payments please.
Thank you.

 

I have seen the following this week for reference;

2016 F Type R with MSRP $108,883
Dealer Services $497
Phantom Footprints $259
Total $109639

$10k down. 7500 miles. 33 months. $1450/month.

Since this I have been offered $3k of MSRP.

Hope this helps.

 

Depends on your credit and the money factor. $73,800 cap cost with $5k down and 10k miles a year without tax should run you in the $780-810 range.

FYI, my original car which I did not take had a cap cost of $73,800 - $2500 JCNA discount was $5k down, 12k miles a year and $837 a month with taxes in Florida.

BTW you could prob negotiate the price down to $72k if it's a car on the lot. Use amexnetwork truecar to get a price range for the same configuration in your area to see if you are getting a fair deal.

 

There are a few threads in the past weeks that have discussed lease payments. I suggest you read them thoroughly, as they indicate what kind of discounts people got off msrp.
75 to 73.8 is not significant.

 

you're looking at $700-$800 range depending on tax situation. not sure what state you're in.

 

I would slightly disagree, at least the numbers back up that base models arond $75K were being discounted around $2K on average.

There's people that were able to get this down to $70-71K (4-5K) and I assume that's because of the JCNA incentive of 2500

 

A number of folks have been able the get MY16s with a 5-6% discount plus the $2500 incentive. Obviously on 14 and 15 closeout models, we saw much larger discounts (7-15%).

 

yes, YMMV for sure. I have no seen or heard anyone getting a brand new non-demo version of a base Ftype with 5-6% discounts. that's below invoice at that point (depending on the options)

 

That's what I am personally aiming for (5%), but I'm only halfway there as yet. I will let you know where that ends.

 

Remember, just because 1 guy got a $15K discount doesn't mean everybody is getting it. Too many factors. One is just how willing you are to "walk away". If you are not willing to "walk away" (and the dealer knows it) then it's much harder to negotiate. FWIW, this is TrueCar for SF...

 

I suppose you're right. I do encourage op to try to get a better deal though. Of course, some locations (eg Florida and southern California) and vehicles are more suitable for discounts, but it can't hurt to try to learn from what other people went through.

 

Invoice on the 2016 MY vehicles is roughly 6% under MSRP and there is no hold back on JLR vehicles, so as long as you leave some profit on the table most dealerships will play ball. In most case you should be able to negotiate in the 4-5% off MSRP range without too much pushback. The closer to 6% you get the harder it will be though. You just need to determine in advance what you're willing to pay and be ready to walk away and go elsewhere if the dealership won't meet your number.

This can be even more effective if you have a configuration and price in mind, you can then contact several Jag dealers to negotiate before even stepping foot in the showroom.

Another thing that many people don't consider is that you're not obligated to shop your local Jag dealership(s) - though some will try to convince you that this isn't the case. If you find a dealer who is willing to sell you a car at the price you want, even if they are in another area of your state or in another state altogether, you can always have the car shipped to you once the deal is done. Or at worst you can use that offer as a negotiation point with a local dealer if you prefer to buy local.

Shopping out of state can be a bit more tricky if you're in California and buying from another state due to smog certification, but that usually just means a bit more break in time before you can smog certify the car.

 

Just a further bit of reference.

A colleague was able to get 5% off a 2016 $108k R Type because he was a 'regular' i.e had leased and chopped in a dozen or so (or more) cars over the last 3 years.

So it tells me it can be done, perhaps not for me, but its not impossible.

 

The 5% discount should be fairly easy to come by, especially if you are willing to wait 10-12 weeks for delivery.

 

Not feeling it so far.

 

I guess the demand for F-Types in TX must be fairly strong.

 

When did they take away the Business Builder money???????????

 

The MSRP on my 2016 Jag F-Type S was $89,783. I got it for $83,000. Almost $2k under dealer invoice. That's about a 7.5% discount. I put $7k down, 10k miles per year, and my payments including tax are $908/month for a 30 month lease in CA. This will hold me over until the new NSX is available.