Just got off the phone with Jaguar Financial to set up an inspection before turn-in, I have a 2018 Audi S5 coupe on order but still undecided as to trying to sell the F-Type before the October 24th turn-in.

I factory ordered this car with just over $9K worth of options so the sticker was just under $75K.

I have just over 7500 miles total and the car is in flawless condition, having never been out in the rain.

Payoff through 9/15 is $46,650 with one payment remaining and I am on the hook for a $300 disposition fee if I don't purchase the car or lease another Jaguar.

On all my past leases, I've been able to sell the car and turn a profit but I'm not sure this would be the case here and obviously buying it to sell it after paying taxes would not be a profitable option.

I would need to review my contract and residual to see my options, just putting this out there to hear the opinions of others who have been through this situation with Jaguar...thanks guys.

 

A different market, so what's "normal" may differ:

In the UK, you get zero for extras on trade in, but some may be "required".

Jaguar are currently advertising used cars (presumably ex-lease based on mileage and age) for 20% less than the original OTR price. Noting how VAT works here (20% of the OTR price is VAT), that's basically depreciation free over 3 years.

Hence, non-Jaguar dealers are happy to take the cars in px for 10-15% less knowing they'll get their money back plus some extra. Buying it yourself is a bargain if you're happy to keep it and have the cash...

 

sounds normal to me; most leases are set up so the buyout is at or near current market value.......just going through this on my wife's Mercedes....


Dave

 

I never have understood why they won't negotiate at end. If it goes to auction there are costs and they only get the current value.

 

Why will they send a 7500-mile F-Type in "flawless condition" to auction?

 

Agreed; it'll just go back on the lot......lots of lease returns on the lots around here.

Dave

 

Leased it in San Jose but being returned to the Monterey dealer where they'll have first dibs to buy it...and I'm sure they will.