Automotive

Question about leasing a Jaguar

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  • Dec 21st, 2018 11:30 am
[OP]
Newbie
Dec 5, 2009
19 posts
2 upvotes

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
6601 posts
1144 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
19 posts
2 upvotes
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: 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
6601 posts
1144 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: 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
19 posts
2 upvotes
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: 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
3228 posts
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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.
Out with the Glazers!
[OP]
Newbie
Dec 5, 2009
19 posts
2 upvotes
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: 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.
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May 24, 2008
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Toronto
ca2b wrote: 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.
Out with the Glazers!
[OP]
Newbie
Dec 5, 2009
19 posts
2 upvotes
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: 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
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Oct 13, 2009
21190 posts
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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
7398 posts
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An overpriced Tata with the reliability of a Trabant !
Deal Expert
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Oct 13, 2009
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EdT586 wrote: 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
19 posts
2 upvotes
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: Jag
Alfa Romeo
Lincoln


I like the cut of your jib young man
Deal Addict
Jan 13, 2007
1490 posts
321 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
29409 posts
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You need to test drive them all to see how each one stacks up
[OP]
Newbie
Dec 5, 2009
19 posts
2 upvotes
DIdn't end up going with a Jag eventually... If I had a bit more wiggle room financially I would've done it. Also the sales experience was quite underwhelming across multiple dealers, which can be said for any manufacturer really...

Did you end up getting any solid quotes?

I did a complete 180 and signed up for a Jeep Wrangler... residuals are ridiculously high and put a smile on my face...

I don't own a Jag but man it's fun to drive and stands out from the crowd... if you can swing it financially please do!
utopianbl wrote: 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 Addict
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Sep 9, 2012
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Oakville, ON
nasa25 wrote: You’re the reason why I’ll always buy off lease jags for like 40% of the msrp. Thank you kind sir.
Any sggestions on a good JLR forum? Looking to research on an RRS so a LR forum in particular would be great. So far, I’ve only come across a few and they seem to get like 7 posts per year....
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Oct 13, 2009
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CanadianLurker wrote: Any sggestions on a good JLR forum? Looking to research on an RRS so a LR forum in particular would be great. So far, I’ve only come across a few and they seem to get like 7 posts per year....
Discoweb is the one I know for land rovers. I’m pretty sure that’s the one I used to frequent when I had my discovery.
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
Deal Addict
Jan 9, 2011
1832 posts
351 upvotes
Toronto
Does anyone have any insights on what a lease payment comes to for one of these? If you prefer to PM that’s fine by me. Would love to understand if this is even remotely close to what I’m willing to spend - otherwise I’m highly considering an A4 technik
Deal Addict
Jan 13, 2007
1490 posts
321 upvotes
XE?

What trim? And how much you are willing to put down? and term?

head over to Unhaggle and it has a calculator for you which will tell your MSRP, Avg Leases and "Cost". Know that "Cost" is not actual cost, but what the dealership will let in on. Thats not to say you'll get it, which depends on demand, time of month, negotiating skills etc.

But I'm going through the song and dance routine as well. A fully loaded XE S for 2018 was coming to about $875/mo tax in with about $5k down. This was me windowshopping, as Unhaggle tells me it would cost closer to $775.

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