Anyone had any lucky with doing an early lease termination? I know you are allowed to return your jag early, but its vague on the charge you are hit with. Is it just the remaining payments?

 

The only early lease termination is into a new JLR car. Otherwise you are stuck with their scheduled buy out at that month per your lease.

 

agreed....and even that, its hit or miss. depends how much time you have left on the car. ive seen people able to return their cars 3-6 months before.

if you go outside of JLR, some dealerships will claim they can get you out....and they do (either paying off the remaining payments or buying the car outright)....but they find ways to sneak it into whatever deal they're working out for you.

 

We'll most likely end our XE lease a little early if we can get into another JLR car with no money down and similar monthly cost. Nothing to do with the XE, but I want the best position offered for the next car. Local JLR dealer said come back at the 6 month to end threshold.

 

Yea, I would jump into another JLR. Just the 2.5t isn't doing it for me.

 

If you are looking to trade up, I am sure the dealer would work with you and the haircut may not be so bad. 3.0V6 SC is a powerful engine. I can't imagine needing much more power. Z rated tires would make an additional difference.

 

Yea, that is what I would probably try to get into.

 

No Project 8? That is the XE to buy!!

 

 

The XF Wagon is really hot and it's decked out in "S" trim standard. I think some of these will sit in showroom due to being a wagon in the US. Could get a deal on one of those to equal a top spec XE price.

 

Yea, I'll have to wait and see what fees JLR would charge me for ending the lease 2 years early.

 

The more you spend, the less fees would be my bet. You really step it up or take a fancy one that has been on the lot for some time; they will do their best to make it a reality. At worst, you got to drive some of their new models.

 

Assuming you leased the car with Jaguar Financial Group.. You can go online (or call) and get a payoff quote. I have a feeling if you did a 36 month lease and you have 2 years left it'll be cost prohibitive, of course I'm not writing checks from your wallet :-) Good Luck

 

Keep in mind JLR currently is not offering an customer loyalty or trade-in incentives, so you may want to wait until they do (if they do at all). Was talking to local dealer yesterday and he made it sound like JLR normally doesn't do anything for returning customers on at lease end. If this is true, I am not lease another JLR product. Buying one used is one thing, but if I am starting like I am off-the-street.... Volvo and Alfa sure look good.

 

Current offers through June are:
$1000 Bonus credit
$4850 dealer lease cash
.00001 MF and 51% residual/ 12K miles a year
This is for a 2018 XE-S AWD in NJ

Also since it's model year end I think you get the car pretty close to invoice so add in another say $3K so you should be able to get close to $9K off if you are an astute buyer :-) But you maybe even more upside down than $9K you need to get your payoff. Otherwise you're just chasing your tail :-)

 

So, I wonder why the dealer was saying there was no customer incentives currently? They'll lose a customer if they pull this when my lease is getting close to expire.

 

I got the info from Edmunds, who in my experience have always been spot on. Dealers are funny. Some like to be cagey, others play it fairly straight. I got my wife a new Acura a couple months ago. My local dealer who I’d bought 4 Acura’s from jerked me around, even tried to sell me a different color from what I’d ordered. Dealer 15 minutes away gave me car, equipment, and color for a bit better price and no BS. I think dealers get lazy. Either think you’ll mindlessly stick with them or are not for real.