This is not how it works here. Insurance has a new car rider. So if you total the car in a first 2 years, then you get back MSRP. That MSRP has your down payment in it, that you could apply to the next car or cash out.

I am not trying to change your mind, but your categorical position 'no good reasons to put down money on lease' is simply not true for all cases. Formally, if your IRR is lower than lease rate, then it makes sense to put that cash toward lease down payment. This is prior to any other considerations.

 

This is simply not true. Manufacturer can only suggest residual, just like it can only suggest, but not dictate, retail price. Both are negotiable.

 

Yep, Lobster had to help me put my pants on this morning, because I can't crack 1.9% on insured (read, zero risk) 3 year investment. 3 year US Treasury Bonds are still under 1%.

 

Hi guys,
I have a simple question, is it smart to pay the vehicle tax up front? Or should this remain in the monthly payment figure. My car is coming soon and I'm not sure how I should handle the tax aspect of the lease contract. Thank you for your replies .

 

Probably should make your own thread to discuss this since my thread was supposed to be about advice on current deals available ...

 

Sorry, but that's just incorrect. On Any lease program the residual is going to be set by the manufacturer/finance company ... for JLR that is Chase.

 

Depends where you live ... Goes by the states tax rules.

 

You ask a lot of questions here, which is fine, but you'd probably get better answers to many of your questions, if you listed your location in your profile.

 

Not sure about Chase, thankfully didn't have to deal with that band of thieves, but when shopping for my F-type 3 year residuals varied between 50% and 53.5%.

Do you also know that Freight and PDI are not set in stone? While JLR sets minimum floor, dealers can (and I have seen such quotes) attempt to charge you more.

The whole game is rigged, so it only makes sense to deal with 'final price, everything included' as comparison is almost impossible otherwise.

 

Are you in the US? All manufacturer lease programs I'm aware of set a residual which is not negotiable nor can be changed by the dealership. The negotiable aspects of a lease are cap cost of the car and the money factor if the dealership is padding it.

 

I never said anything about zero risk...

 

I don't want to upset anyone paying 1200/ mo. for a lease but in November I leased a 2016 Type R convertible w/ a sticker price of $114,573. I knocked the price down to under 100k.
I put $5999.00 down. My monthly lease is $813.00 month and that includes taxes.

Jaguar of Mission Viejo.

Also look at Hornburg Jaguar in the LA area.

 

that's a good deal. I should've flown out to LA for the F-Type based on Rogue's success. Anyhow when mine is up I will definitely be more informative and get a better deal. Thank you for sharing.

 

Mission Viejo is where I got my 2015 XF V8 S/C.
Who was your salesperson?
Also, how many miles on your lease? 12000/yr?

 

Bill Fairbanks.

7500/yr.