Automotive

Question about leasing a Jaguar

  • Last Updated:
  • Dec 21st, 2018 11:30 am
[OP]
Newbie
Dec 5, 2009
9 posts
1 upvote

Question about leasing a Jaguar

Was thinking about leasing a Jag XE and was wondering how much dealerships are willing to budge...

Not a big fan of the typical sales game, and the quotes I've received from the so called "brand ambassadors" or "sales specialists" appear to be a bit ridiculous.

If anyone's currently leasing one and can provide some insight as to how much room there is for negotiation, I'd really appreciate it.

Thanks in advance for all your help!
20 replies
Deal Fanatic
Jan 15, 2004
6028 posts
691 upvotes
Did you find out the residual along with the rate? I requested those info over email and ended up didn't even bother as the residual was so low (for Jaguar and Land Rover, but not the XE you're looking at).
[OP]
Newbie
Dec 5, 2009
9 posts
1 upvote
Yeah the residuals can be low, especially given the lease terms are 36-42 months, but I figured if you can hammer down on the purchase price, the monthly payment would improve?

Or if you end up leasing a demo, maybe save a bit more on the freight/pdi?
golden wrote:
Feb 1st, 2018 8:57 am
Did you find out the residual along with the rate? I requested those info over email and ended up didn't even bother as the residual was so low (for Jaguar and Land Rover, but not the XE you're looking at).
Deal Fanatic
Jan 15, 2004
6028 posts
691 upvotes
I compared to other premium brands that has residual at almost 15% higher on same term. Rates are similar or lower for the other brands. So unless you're saying they will discount significantly, it makes little sense. For the same payment, I could have a higher model in other premium brands. Of course, unless you're dead set on a Jaguar. I would never compare a demo to a brand new car.
ca2b wrote:
Feb 1st, 2018 9:05 am
Yeah the residuals can be low, especially given the lease terms are 36-42 months, but I figured if you can hammer down on the purchase price, the monthly payment would improve?

Or if you end up leasing a demo, maybe save a bit more on the freight/pdi?
[OP]
Newbie
Dec 5, 2009
9 posts
1 upvote
The only other car that I think stands out is the Alfa Romeo Giulia...

What did you end up getting? I'm certainly open to suggestions...

Thanks!
golden wrote:
Feb 2nd, 2018 9:44 am
I compared to other premium brands that has residual at almost 15% higher on same term. Rates are similar or lower for the other brands. So unless you're saying they will discount significantly, it makes little sense. For the same payment, I could have a higher model in other premium brands. Of course, unless you're dead set on a Jaguar. I would never compare a demo to a brand new car.
Deal Addict
User avatar
May 24, 2008
3211 posts
1107 upvotes
Toronto
Get the XE. It's a super-fun little car, and you don't see it around every corner like you do with the unbelievably boring 3-series. Just had the XE as a loaner. It was just the 25t, but it had fantastic driving dynamics. Very tossable and responsive. Highly recommended if driving fun is your number 1 priority. Better refinement and interiors can be found elsewhere, though.
4 years of pain for Ontario...
[OP]
Newbie
Dec 5, 2009
9 posts
1 upvote
Agreed! Took it for a spin myself and loved it! Wasn't a big fan of their initial numbers though... if you're leasing a jag at the moment, do share your experience signing the deal!
Little Tim wrote:
Feb 2nd, 2018 3:20 pm
Get the XE. It's a super-fun little car, and you don't see it around every corner like you do with the unbelievably boring 3-series. Just had the XE as a loaner. It was just the 25t, but it had fantastic driving dynamics. Very tossable and responsive. Highly recommended if driving fun is your number 1 priority. Better refinement and interiors can be found elsewhere, though.
Deal Addict
User avatar
May 24, 2008
3211 posts
1107 upvotes
Toronto
ca2b wrote:
Feb 2nd, 2018 4:00 pm
Agreed! Took it for a spin myself and loved it! Wasn't a big fan of their initial numbers though... if you're leasing a jag at the moment, do share your experience signing the deal!
Leasing a Discovery Sport right now. Not the greatest deal, but we liked the car way more than any of the competitors, so that became more important than the numbers in the end.

Not sure if you're in the Toronto area, but what we did was to visit Coventry in Woodbridge first, got a quote after some haggling. Then we took that number to Thornhill and got them to beat it. I'm sure we could have squeezed more out of the deal, but we're happy with the car and the dealership experience was good, so I can't complain too much.
4 years of pain for Ontario...
[OP]
Newbie
Dec 5, 2009
9 posts
1 upvote
Yeah I'm in Toronto... the Discovery Sport is nice! Was considering it for my dad earlier last year and ended up getting a Lincoln MKX since he always wanted a Lincoln

Seems like you had a good experience at Thornhill Jag? Remember the details of your sales rep by any chance?

Thanks for sharing by the way!
Little Tim wrote:
Feb 2nd, 2018 9:03 pm
Leasing a Discovery Sport right now. Not the greatest deal, but we liked the car way more than any of the competitors, so that became more important than the numbers in the end.

Not sure if you're in the Toronto area, but what we did was to visit Coventry in Woodbridge first, got a quote after some haggling. Then we took that number to Thornhill and got them to beat it. I'm sure we could have squeezed more out of the deal, but we're happy with the car and the dealership experience was good, so I can't complain too much.
Deal Expert
User avatar
Oct 13, 2009
21084 posts
10544 upvotes
Iqaluit, NU
Jag
Alfa Romeo
Lincoln


I like the cut of your jib young man
Re: Procurement, Life & RFD
nasa25: say you won it in a raffle. That's what I do with like 86% of my purchases
infinityloop: Lying to your SO seems like an unhealthy long term strategy
nasa25: lmao
Penalty Box
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Apr 25, 2013
7059 posts
1238 upvotes
An overpriced Tata with the reliability of a Trabant !
Deal Expert
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Oct 13, 2009
21084 posts
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EdT586 wrote:
Feb 3rd, 2018 1:36 pm
An overpriced Tata with the reliability of a Trabant !
You’re the reason why I’ll always buy off lease jags for like 40% of the msrp. Thank you kind sir.
Re: Procurement, Life & RFD
nasa25: say you won it in a raffle. That's what I do with like 86% of my purchases
infinityloop: Lying to your SO seems like an unhealthy long term strategy
nasa25: lmao
[OP]
Newbie
Dec 5, 2009
9 posts
1 upvote
Thank you sir! The car that's dearest to me though is a 911... hope I didn't let you down...

Hopefully will pick up an XE over the next couple of weeks. Will keep you posted!
nasa25 wrote:
Feb 3rd, 2018 10:46 am
Jag
Alfa Romeo
Lincoln


I like the cut of your jib young man
Deal Addict
Jan 13, 2007
1485 posts
315 upvotes
I'm gunning for an XE. The lease offers are pretty good and overcompensate for the low residuals. they are offering more than $5k back if you lease, and 42 months is as 1.9%.

The question is, and from current Jag owners, what is the maintenance fees like? And how does the drive compare to an Audi S4 and an AMG C series sedan?
Deal Expert
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Jul 30, 2007
24478 posts
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Toronto
You need to test drive them all to see how each one stacks up

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