[Trooper9009]

I am looking at leasing a 2016 Discovery sport and was wodering if this is a good deal. This is first time I am looking at leasing a car so looking for some input here

Msrp - $43k
Discovery sport SE
36 month lease
$1500 down payment
$480/ month including taxes
Includes free oil changes during the lease term.

Dealer told me he can get me the color I need for the same price along with other options including navigation.

[auf Deutsch]

Need to know money factor (interest rate) and residual value.

Avoid putting any extra money down on a lease. Why pay early? Keep the $1500 in your bank account and use it to pay monthly payments, if necessary. You can pay fully refundable multiple security deposits (MSD) to lower the money factor.

Read this:
http://f80.bimmerpost.com/forums/sho....php?t=1084623

[Trooper9009]

2016 Discovery Sport SE
MSRP-$40803
Sale Price-$38800
$484.85
36 months
.00165 money factor
$2500 due
$1000 cash back
$1500 total due

[dsad1]

Originally Posted by Trooper9009

2016 Discovery Sport SE
MSRP-$40803
Sale Price-$38800
$484.85
36 months
.00165 money factor
$2500 due
$1000 cash back
$1500 total due

The residual seems to be 51-52%, that sucks, but it's land rover, there is nothing you can do about that.

Does the $1500 include first payment, title and fees?

[Trooper9009]

Originally Posted by djsaad1

The residual seems to be 51-52%, that sucks, but it's land rover, there is nothing you can do about that.

Does the $1500 include first payment, title and fees?

Yes it does. That's the amount due while signing.

[gtron]

Go over to edmunds and find out or ask what the current MF and Residual is on that model and trim. Don't forget to include how many miles a year you need because that affects the MF. Then you can easily calculate what the payments should be.

I don't think Land Rover gives that much of a deal and I don't believe they are much for negotiating though so it might just be "it is, what it is".

Good luck and enjoy!

Reference:
http://forums.edmunds.com/discussion...ease-questions

[Trooper9009]

Originally Posted by gtron

Go over to edmunds and find out or ask what the current MF and Residual is on that model and trim. Don't forget to include how many miles a year you need because that affects the MF. Then you can easily calculate what the payments should be.

I don't think Land Rover gives that much of a deal and I don't believe they are much for negotiating though so it might just be "it is, what it is".

Good luck and enjoy!

Reference:
http://forums.edmunds.com/discussion...ease-questions

Thanks. I posted on edmunds and looks like it is a good deal. Still diging for more details before I pull the trigger.

[gonzo]

Have you driven one for a decent distance with varying speeds and start stops?
If so and you liked it...get it and enjoy.
If you haven't. I've seen reports of transmission issues/ failure to downshift and really booaaaah turbo lag.

No discredit to the vehicle just fyi on what I've read.

[Trooper9009]

Originally Posted by gonzo

Have you driven one for a decent distance with varying speeds and start stops?
If so and you liked it...get it and enjoy.
If you haven't. I've seen reports of transmission issues/ failure to downshift and really booaaaah turbo lag.

No discredit to the vehicle just fyi on what I've read.

I have driven it for around 10-15 mins as part of the test drive and really liked it.Will drive it again and look for the issue you pointed out before I finalize. Thanks for the input.

[gonzo]

Originally Posted by Trooper9009

I have driven it for around 10-15 mins as part of the test drive and really liked it.Will drive it again and look for the issue you pointed out before I finalize. Thanks for the input.

Get it warmed up and floor it. The issue I read was not downshifting or really slow. To some, myself included, that can be a bit unsettling when needing the full monty.

[gtron]

Originally Posted by gonzo

Get it warmed up and floor it. The issue I read was not downshifting or really slow. To some, myself included, that can be a bit unsettling when needing the full monty.

I wouldn't think someone is looking for performance when getting the Discovery Sport or any of the more affordable Land Rover's. You have to get into the super charged engines before any performance issues can be noted IMO.

When it comes to Discovery Sport and Evoque, I think it's just a nice SUV at an affordable price. If you're looking for performance then those are not for you.

The good thing is that he's looking at a lease so if he doesn't care for it then he'll be over it in no time.

[gonzo]

Originally Posted by gtron

I wouldn't think someone is looking for performance when getting the Discovery Sport or any of the more affordable Land Rover's. You have to get into the super charged engines before any performance issues can be noted IMO.

When it comes to Discovery Sport and Evoque, I think it's just a nice SUV at an affordable price. If you're looking for performance then those are not for you.

The good thing is that he's looking at a lease so if he doesn't care for it then he'll be over it in no time.

Oh, I know that vehicle is no rocket. I'm talking about standard downshifting. I don't care what auto box it is but when I floor it I want it to drop and rev up. Google discovery sport transmission.