Safe to say Shaun, you got the deal of the century. (I was happy to shed a shade over $10,000 off the MSRP on my 2015 V6S when I purchased mine last mid-Oct).

Best regards,
Jay

 

I had to negotiate pretty hard to get $7K off MSRP on my 2016 R, but that was right at the start of the 2016 model year. The car had only just arrived at the dealership a few days earlier as part of their first batch of 2016 cars. I would have loved to have gotten $22K or even $10K off.

 

I will let you guys know the outcome. She's asking for a reasonable monthly payment LOL what I offered I know it's not reasonable but I am gonna start low because she knows I am serious about it.

 

Sounds like a great deal. With a 67% residual, the money factor has to be 0 to get a payment of $1100/m, with $110,000 MSRP, or they are discounting the car quite a bit. I say if you want the car go for it.

 

Ask them for the residual and money factor, then we can tell you if it's a good deal. That said, it looks pretty good. I just ran vanilla numbers at a 70% residual (FWIW, my residual was mid 50% for 12K/year) and a 1.9% APR equivalent...that gets you $1150 w/o tax, $1250 w/ tax.

 

They are are at 1100 including tax I am sticking with 1000 including tax

 

So I re-ran your numbers at 67% residual and 1.9 APR...to get $1100 w/o tax it looks like they're probably giving you 4% discount...so you probably have some wiggle room. To get it down $900 w/o tax you need something like a 10% discount. BTW, are you sure this is for a V8R? The residuals sound way too high to me. The V6 I know have 60-ish residuals, but I thought the V8s were all in the 50s, or maybe low 60s....even the low mileage leases. In any event, if the Rs are truly mid 60s residual that's great news for jag resell!!!!

 

Here's a scenario for $1100 with tax. I am very curious if it's a demo car or if there's something else going on...I'm still amazed by the 68%+ residual on a V8...

 

It's considered Demo but almost no mile.

 

I guess the residual is much higher these days on the Rs. I just looked at jaguar's site: 2015 and 2016 Jaguar F-TYPE - Lease & Financing Offers | Jaguar USA
Working backwards on a R coupe, the residual for their special offer is 62% for 30 months, 25K miles. My 2015 residual was 52%!!! granted, it's for 36 months and 12K/year...
Hmm..wonder if I'll be in a position to buy the car and resell it to the dealer at the end of my lease....

 

Dealer told me last week that the residual on the R was 67% for 33 months lease @ 5000 miles per year, sounded really high to me, but that is great for a lease.

 

Was that discount off MSRP or invoice??

 

I got a quote for '16 R, 109k sticker. 5k down, 30 months, 12k @ $1400 w/ tax (~8%) in California. Residual was 60%.

 

Updates:
this is the bottom offer:

$1075 including tax 3000 drive off 7500 miles per year
residual value is at 63%
buy factor is 107
I am getting like 11K off the MSRP.
thanks'

 

last input from you guys prior signing the lease. oh 35 months lease term.

 

Only this: GENTLEMAN, START YOUR ENGINE.

Happy Motoring.

RJ52

 

That's a really good deal. I doubt you'd be able to do better anywhere else. I hope you enjoy the car!

 

If the mileage works for you, that's awesome. FWIW, I'm paying $1800 bc my 2015 residual was 52%! Plus I got not discount :-(

 

That's basically the same as I just got 2 months ago for a 2015 V8S. ($1017/month after tax, $5K drive off, 10K miles a year). Congrats that's a very good deal.

 

See if they can give you a few car cover
I think it's good though. Definitely the best above has gotten on 2016. They're definitely making a lot of money if they signed it up as a demo, so don't feel sorry for them when they act like you ripped them off. I hate when they do that
Good luck!