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Discussion Starter #1
Hi all,


Any idea on what will be a good lease price for a i-pace SE? I live in Northern California. Dealers are obviously going to be quoting crazy numbers. So I am looking for an indicator on a reasonable number. Below are some parameters that I want to use.



I don't want a high downpayment. I intend only 2.5K down. 10K miles / year is just fine for me.
 

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LEASE FOR
$849

PER MONTH FOR 36 MONTHS§
$5,995 CASH DUE AT SIGNING

§ New 2019 Jaguar I-PACE S with 36-month lease, $5,995 due at signing includes $4,251 down, $0 security deposit, $895 acquisition fee and first month's payment; excludes retailer fees, taxes, title and registration fees, processing fee and any emission testing charge. Adjusted capitalized cost used in calculating your monthly payment is based on a capitalized cost reduction that includes a $7,500 lease credit for eligible 2019 Jaguar I-PACE vehicles. Actual rates and payments of closed-end lease may vary. Supplies are limited. For well-qualified lessees as determined by approved lender. Eligible customers will receive a $7,500 customer credit toward the lease of this vehicle as part of the Jaguar I-Pace Federal Tax Credit Allowance. All amounts shown are estimates; retailer sets actual amounts. Lessee responsible for insurance, maintenance, excess wear and excess mileage over 30,000 miles at $0.30/mile. Based on MSRP of $69,500 (excludes destination and handling). Total of lease payments $30,564. Residency restrictions apply. Lessee has option to purchase vehicle at lease end at price negotiated with retailer and approved lender at signing. Termination fee may apply. Customer must take new vehicle delivery from retailer stock by 7/31/2019. Jaguar or approved lender may rescind or amend this offer without notice. Model pictured may vary from offer. See your participating Jaguar Retailer for complete details, or call 1.800.4.JAGUAR / 1.800.452.4827. © 2019 Jaguar Land Rover North America, LLC
 

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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?
 

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Discussion Starter #4
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!
 

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Discussion Starter #5
LEASE FOR
$849

PER MONTH FOR 36 MONTHS§
$5,995 CASH DUE AT SIGNING

§ New 2019 Jaguar I-PACE S with 36-month lease, $5,995 due at signing includes $4,251 down, $0 security deposit, $895 acquisition fee and first month's payment; excludes retailer fees, taxes, title and registration fees, processing fee and any emission testing charge. Adjusted capitalized cost used in calculating your monthly payment is based on a capitalized cost reduction that includes a $7,500 lease credit for eligible 2019 Jaguar I-PACE vehicles. Actual rates and payments of closed-end lease may vary. Supplies are limited. For well-qualified lessees as determined by approved lender. Eligible customers will receive a $7,500 customer credit toward the lease of this vehicle as part of the Jaguar I-Pace Federal Tax Credit Allowance. All amounts shown are estimates; retailer sets actual amounts. Lessee responsible for insurance, maintenance, excess wear and excess mileage over 30,000 miles at $0.30/mile. Based on MSRP of $69,500 (excludes destination and handling). Total of lease payments $30,564. Residency restrictions apply. Lessee has option to purchase vehicle at lease end at price negotiated with retailer and approved lender at signing. Termination fee may apply. Customer must take new vehicle delivery from retailer stock by 7/31/2019. Jaguar or approved lender may rescind or amend this offer without notice. Model pictured may vary from offer. See your participating Jaguar Retailer for complete details, or call 1.800.4.JAGUAR / 1.800.452.4827. © 2019 Jaguar Land Rover North America, LLC



Thats not bad. Lower than what I was given. But this is for a S. I am interested in the SE.
 

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Discussion Starter #6
I did see some other threads where others have also been given ridiculously high quotes. I guess this seems to be the norm.


Can anyone share the best lease price that they have got? This is to use as a base for some haggling with the dealership.
 

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The leases on the I-Pace are really bad. I bought mine 2 weeks ago with a sticker price of $93k, and the lease option was $5000 down and $1580 per month with only 10k miles per year. I ended up buying it for $4000 down and $1600 per month. Jaguar is currently offering 0% APR and that makes financing it a pretty sweet deal. Plus when you lease, the $7500 federal tax credit goes to the bank instead of to you.



Just a quick check online shows that a 60 month loan at 0% APR on $85k would be a monthly payment of $1417, which is cheaper than your lease. That's not even counting the $7500 you'll get when you file your taxes.
 

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EsotericNexus Thanks for the info. My ordered HSE will hit the dealer in 9 days. I'll buy for sure with the 0% APR. Were you able to get them to drop the sticker price?
 

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Plus when you lease, the $7500 federal tax credit goes to the bank instead of to you.
In the fine print of the lease above, the cap cost of the least is calculated with the $7,500 coming off the top line, so the whole amount goes to the benefit of the lessee (buyer). Depending on your tax situation this could actually be a better deal; when you purchase you only get the full $7,500 if you owe more than that in federal income tax.
 

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EsotericNexus Thanks for the info. My ordered HSE will hit the dealer in 9 days. I'll buy for sure with the 0% APR. Were you able to get them to drop the sticker price?
2019’s are deeply discounted, I saw one recently advertised $10k off MSRP. Unless money is no object and/or you have really picky tastes on what/what isn’t included, going to a 2020 is nothing more than a sure way to spend extra money.
 

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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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Discussion Starter #12
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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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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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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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/discussion/54648/jaguar/i-pace/2019-jaguar-i-pace-lease-deals-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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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/discussion/54648/jaguar/i-pace/2019-jaguar-i-pace-lease-deals-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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