The lease rates are horrible and are essentially the same quote I had received, so it has nothing to do with the dealer.
The lease rates are horrible and are essentially the same quote I had received, so it has nothing to do with the dealer.So I just got back from a dealership in Illinois, test drove the First edition they literally just got (car had about 15 miles on it). It was absolutely amazing.
However, when it came to lease pricing (15K miles, 39 months, $5K down), they gave me a ridiculous $1800+ monthly. They did apologize that the lease calculators are most likely not correct yet, but still, that is still unacceptable. Let's not forget they should be also including the $200 or so a month from the $7500 government tax refund.
Has anyone leased one yet? How has your experience been? Should I find another dealer or just wait 6 months?
Good MorningThe lease rates are horrible and are essentially the same quote I had received, so it has nothing to do with the dealer.
WTF, that doesn't make any sense. I would hope that would at least get sorted soon.They aren't allowing for the $7500.00 federal tax credit in the calculation.
Still haven't picked up my car, but here's what I learned yesterday:So I just got back from a dealership in Illinois, test drove the First edition they literally just got (car had about 15 miles on it). It was absolutely amazing.
However, when it came to lease pricing (15K miles, 39 months, $5K down), they gave me a ridiculous $1800+ monthly. They did apologize that the lease calculators are most likely not correct yet, but still, that is still unacceptable. Let's not forget they should be also including the $200 or so a month from the $7500 government tax refund.
Has anyone leased one yet? How has your experience been? Should I find another dealer or just wait 6 months?
Better to buy used or if you must have right now, just buy it instead of leasing it.Is it just me or is that residual frightening for many many reasons?
Why on earth wouldn't someone just buy the car, take the Federal and State credits (if any), make monthly payments, then sell it for much more than that in 3 years? Because if you are not buying the car at the end then it makes no sense. And if you are buying it then it makes no sense again.
What am I missing?
always better to buy pre-cert used, but yes, I will definitely just pay cash.Better to buy used or if you must have right now, just buy it instead of leasing it.
I just went on the NY Tristate Jaguar site and there are 11 cars available. The car should lease out at $1100 -1200 per month. The numbers are chasing everyone away , the EV net work is weak and the residuals at 39% are pushing me away. My car should be in at months end. Let's see what programs are around for December.always better to buy pre-cert used, but yes, I will definitely just pay cash.
Crazy low residual on a car that should be in high demand...I just went on the NY Tristate Jaguar site and there are 11 cars available. The car should lease out at $1100 -1200 per month. The numbers are chasing everyone away , the EV net work is weak and the residuals at 39% are pushing me away. My car should be in at months end. Let's see what programs are around for December.always better to buy pre-cert used, but yes, I will definitely just pay cash.
That’s what I thought and it doesn’t inspire confidence does it...I’m beginning to think I may have just bought this era’s DeLorean...It shows Jaguar confidence in the car..
Resale on Tesla's is excellent, in Canada anyway..Resale on EVs has been worse than other vehicles. I believe this is partially due to State, Federal and local incentives. So whatever the depreciation should be... count on the value dropping another $10,000+
This will not really normalize until the rebates are gone and force buyers to choose used vs new on a level stage.
Part of that for a while was because Tesla was buying up and propping up the used sales market, now that they are not doing that in US it has been going down to more realistic figures.Resale on Tesla's is excellent, in Canada anyway..
Sorry, but I just do not believe any dealer would tell you "low residual was because of Jaguar's lack of confidence". I just returned from N California and visited 4 dealers in the bay area. Not one shared this sentiment. They all are very high on the car. However, while visiting a salesman at a Porsche dealer (who worked for Jag for years) shared it's because Jag sells around 500K cars a year; Mercedes, BMW, Audi sell several million. It's a volume issue, as Jag sells more and more cars, numbers will go down.Just talked to the dealer. (southern CA)
36 month lease
10,000 miles per year
43% residual which is among the worst in luxury automobiles.
0.00352 money factor. Equivalent to a whopping 8.448% interest rate.
The salesman could not explain the numbers.
He said the dealership owner suspected the low residual was because of Jaguar's lack of confidence.
This, of course, is creating a lack of confidence in me.