i-pace SE lease - Page 2 - Jaguar I-Pace EV400 Forum
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post #11 of 16 (permalink) Old 07-25-2019, 01:51 AM
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What is the sticker price of the SE you're looking at and what do you expect the monthly payment to be?

The sticker price is about 81.5K. The dealership quoted me 1.5K / month for my downpayment (plus other fees).



I honestly don't know what to expect. Never leased. I have always bought my cars!
That quote sounds right. The leases get the $7500 tax credit up front.

The car doesn't lease well. Fer reffernce, Look at the lease of a BMW 750i. It's a $90k car for $900 a month, $5500 down

IMO The leases are not attractive on the I-Pace. I hope they come up with a better program soon.
Purchasing is another issue due to depreciation
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post #12 of 16 (permalink) Old 07-25-2019, 02:29 PM Thread Starter
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That quote sounds right. The leases get the $7500 tax credit up front.

The car doesn't lease well. Fer reffernce, Look at the lease of a BMW 750i. It's a $90k car for $900 a month, $5500 down

IMO The leases are not attractive on the I-Pace. I hope they come up with a better program soon.
Purchasing is another issue due to depreciation

Thats exactly why I decided to ask in this forum. The dealers are giving quotes that are frankly discouraging me from getting an i-pace.
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post #13 of 16 (permalink) Old 07-25-2019, 02:32 PM
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Originally Posted by PS702 View Post
That quote sounds right. The leases get the $7500 tax credit up front.

The car doesn't lease well. Fer reffernce, Look at the lease of a BMW 750i. It's a $90k car for $900 a month, $5500 down

IMO The leases are not attractive on the I-Pace. I hope they come up with a better program soon.
Purchasing is another issue due to depreciation
I believe its the same with Audi e-tron leases, albeit the e-tron has better residual value.
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post #14 of 16 (permalink) Old 07-25-2019, 03:32 PM
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Originally Posted by PS702 View Post
That quote sounds right. The leases get the $7500 tax credit up front.

The car doesn't lease well. Fer reffernce, Look at the lease of a BMW 750i. It's a $90k car for $900 a month, $5500 down

IMO The leases are not attractive on the I-Pace. I hope they come up with a better program soon.
Purchasing is another issue due to depreciation
I believe its the same with Audi e-tron leases, albeit the e-tron has better residual value.
E-tron lease sucks too.
The leases have to be subsidized by the OEM on EVs for it to make sense.

Even Tesla takes the hit on the residuals which comes out of their pocket at the end of the term.

I believe eventually the OEMs will subsidize EVs, at least for compliance.
Kona and E Niro leases are not attractive either
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post #15 of 16 (permalink) Old 09-12-2019, 01:11 AM
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Hi All! New to the Forum and I wanted to share our Lease experience.

We leased a 2019 I-Pace SE with an MSRP of $79,552. The dealer located in Southern CA had a lot of inventory that was not moving. The National program mentioned in this thread had just come out so I knew the timing was getting really good. Some research on Edmunds in their forums section gave me the ammunition I needed to negotiate with strength having the facts.

Edmunds Forum: https://forums.edmunds.com/discussio...als-and-prices

We were able to negotiate $6,500 off sticker bringing the adjusted CAP cost (Selling Price) down to $73,052. Our drive off included the $7,500 federal Tax Credit plus our out of pocket total cash of $5,000 for a total drive off of $12,500. The residual was 43% at the end of 36 Months and the Money Factor was .00008.

The Lease is 36 Months with 10K miles per year. The total payment including tax came out to $865.03 per month.

We feel good about where we landed and this was on 8/3/19. More than a month has passed and I think we could do even better now but I will not sweat it. LOVE THE CAR!!!
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post #16 of 16 (permalink) Old 09-15-2019, 11:05 PM
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Hi All! New to the Forum and I wanted to share our Lease experience.

We leased a 2019 I-Pace SE with an MSRP of $79,552. The dealer located in Southern CA had a lot of inventory that was not moving. The National program mentioned in this thread had just come out so I knew the timing was getting really good. Some research on Edmunds in their forums section gave me the ammunition I needed to negotiate with strength having the facts.

Edmunds Forum: https://forums.edmunds.com/discussio...als-and-prices

We were able to negotiate $6,500 off sticker bringing the adjusted CAP cost (Selling Price) down to $73,052. Our drive off included the $7,500 federal Tax Credit plus our out of pocket total cash of $5,000 for a total drive off of $12,500. The residual was 43% at the end of 36 Months and the Money Factor was .00008.

The Lease is 36 Months with 10K miles per year. The total payment including tax came out to $865.03 per month.

We feel good about where we landed and this was on 8/3/19. More than a month has passed and I think we could do even better now but I will not sweat it. LOVE THE CAR!!!
Congrats on the car! It sounds like you got a very good deal, but the way you’re phrasing this is confusing me. You said your drive off included the $7500 tax credit and $5,000 out of pocket cash. Normally the “drive off” is the amount you’re paying the day you take the car off the lot - and I’m assuming you didn’t pay the dealer the tax credit.

Im guessing what you’re calling “drive off” is really “cap cost reduction” - the total amount reduced off of MSRP when computing the price for the lease payments.

To be clear - are you saying the MSRP was reduced by $6,500 (negotiated discount), $7500 (tax credit ordinarily payed to dealer if EV leased), and $5000 cash down? So capitalized cost for the lease was $79,552 - $18,000 = $61,552?

Sorry to get so technical, but I’m currently about to negotiate a lease myself and your experience could be helpful - there’s not much out there about lease experiences since the I Pace isn’t that popular.

Thanks in advance for clarifying!
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