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Lease transfer: $998 a month - 16' F-Type R AWD

 
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  #1  
Old 04-15-2016, 08:45 PM
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Default Lease transfer: $998 a month - 16' F-Type R AWD

Lease transfer: Up in the air, til i get complete verification tomorrow.

Currently, it's for sale at 90k with 1k miles. If not, I'll just get the GT3 anyway.


I just found a GT3 for a deal too good to pass up hence the sale.

Car is less than a month old.. 1000 miles currently.

I hate to do this, I love the car but the boy-racer in me + a dream of owning a GT3 is about to become reality so here goes.

2016 F-Type R. Glacier white. Black pack. Vision Pack. Illuminated foot sills. White ivory stitching. Perfect condition (bought brand new a few weeks ago)

$109,000 MSRP. Zero money down.

Payment is $998 a month. 36 months/10k miles. Car is located in Oregon.

It's a steal. You're responsible for shipping/getting the car/transfer fee (no more than 500 like BMW I'm sure)


Payoff: $90,500 currently (that's how good of a deal I got)

Payoff after 36 months: Have to check. Not home.










 

Last edited by Ghostiest; 04-15-2016 at 09:45 PM.
  #2  
Old 04-15-2016, 09:05 PM
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You are not considering depreciation. Moment you drove the car off the lot, it is no longer new and no longer would be worth new car price that you are asking. Consequently, you will have to pay someone to take over your 'zero down' lease because you are upside-down on it right now, and you will also have to cover lease transfer fee. Additionally, your lease may have restrictions on out-of-state transfer, so check that before offering it out of state.
 

Last edited by SinF; 04-15-2016 at 09:09 PM.
  #3  
Old 04-15-2016, 09:12 PM
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Originally Posted by SinF
You clearly don't understand depreciation. Moment you drove it off the lot, it is no longer new and no longer would be worth new car price that you are asking. Consequently, you will have to pay someone to take over your lease, and you will have to cover lease transfer fee. Additionally, your lease may have restrictions on out-of-state transfer, so check that before offering it out of state.
Actually let me stop you right there.

First of all, for a lease this good. The people who want the lease of $998 can pay the transfer fee. Or they can go hunting and try to nab one this good, and maybe get $1150 instead, let alone like $1250.. multiplied 36 months = $5400 more for the same car.

Secondly; as a guy who has done 20+ leases from all brands including Ferrari, Porsche, all the way to Kias.. I feel more than qualified enough to tell you that I listed the MSRP, so they know what they are getting for $998 a month. Not some $60k base model and paying $998 a month.

Thirdly; please take a moment to read what I'm offering. It's a LEASE TRANSFER. Not outright selling, I'm letting them know what they would be assuming pay-off wise if they wanted to offload sometime down the road.

I got 20k off sticker. That means when they decide to maybe purchase the car 36 months from now, they would start at 90k.. not 110k.

Fourthly; You do realize that I'm NOT upside down. I can easily put it on swapalease.com for 100 bucks and get rid of it within a few weeks. You do know how leases work right? Doesn't seem like it.

Anyone who would assume this lease, would pay $998 a month for 3 years. Then off-load back to Jaguar and continue onto their new car, OR pay it off. And because of my deal, you'd be starting at 90k.
 

Last edited by Ghostiest; 04-15-2016 at 09:15 PM.
  #4  
Old 04-15-2016, 09:20 PM
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Originally Posted by Ghostiest
Actually let me stop you right there.

First of all, for a lease this good. The people who want the lease of $998 can pay the transfer fee. Or they can go hunting and try to nab one this good, and maybe get $1150 instead, let alone like $1250.. multiplied 36 months = $5400 more for the same car.

Secondly; as a guy who has done 20+ leases from all brands including Ferrari, Porsche, all the way to Kias.. I feel more than qualified enough to tell you that I listed the MSRP, so they know what they are getting for $998 a month. Not some $60k base model and paying $998 a month.

Thirdly; please take a moment to read what I'm offering. It's a LEASE TRANSFER. Not outright selling, I'm letting them know what they would be assuming pay-off wise if they wanted to offload sometime down the road.

I got 20k off sticker. That means when they decide to maybe purchase the car 36 months from now, they would start at 90k.. not 110k.

Fourthly; You do realize that I'm NOT upside down. I can easily put it on swapalease.com for 100 bucks and get rid of it within a few weeks. You do know how leases work right? Doesn't seem like it.

Anyone who would assume this lease, would pay $998 a month for 3 years. Then off-load back to Jaguar and continue onto their new car, OR pay it off. And because of my deal, you'd be starting at 90k.
Let me know if you have luck transferring your lease. I called Chase and they said they do not allow transfers.
 
  #5  
Old 04-15-2016, 09:31 PM
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Originally Posted by ShaunPA
Let me know if you have luck transferring your lease. I called Chase and they said they do not allow transfers.
I just called them today, and they said it's allowable.

Also, they have a few listed on swapalease.com

Jaguar F-Type Lease Deals | Swapalease.com

Either that, or just get someone to straight purchase it from you is fine as well.
 
  #6  
Old 04-15-2016, 09:35 PM
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interesting. actually a zero money down lease for less than $1k/mo. if the lease is truly assumable you may get interest...even from me!
 
  #7  
Old 04-15-2016, 09:44 PM
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Originally Posted by ferraripete
interesting. actually a zero money down lease for less than $1k/mo. if the lease is truly assumable you may get interest...even from me!
Yes!

Let me put this on hold til I get complete verification tomorrow. I'll repost it incase.
 
  #8  
Old 04-15-2016, 09:50 PM
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you are welcome to pm me. I am traveling tomorrow so out of pocket the lions portion of the day. east / west travel...ugh.
 
  #9  
Old 04-16-2016, 07:29 AM
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Wow...that was quick OP!

Perhaps you'll get one of those BMW admirers to take it over given your crazy deal.

I thought I read JLR prohibits lease transfers
 
  #10  
Old 04-16-2016, 09:34 AM
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Originally Posted by Ghostiest
I just called them today, and they said it's allowable.

Also, they have a few listed on swapalease.com

Jaguar F-Type Lease Deals | Swapalease.com

Either that, or just get someone to straight purchase it from you is fine as well.
I just called again for myself and was told for a second time that the only way to exit the lease early is a straight purchase for the buyout. The transfers on swapalease are either private leasing companies or payment assumptions for a loan.
 
  #11  
Old 04-16-2016, 09:46 AM
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Originally Posted by ShaunPA
I just called again for myself and was told for a second time that the only way to exit the lease early is a straight purchase for the buyout. The transfers on swapalease are either private leasing companies or payment assumptions for a loan.
Yeah, the "leases" listed on swapalease all note 72 month terms which clearly indicates a loan (a poor one at that).

OP, curious your buyout and whether JLR will give you 2 buyouts--one for you and one for a 3rd party (CarMax, dealer).

BTW OP, your quick departure doesn't have anything to do with your previous Thread, does it? Be honest, did you mess up this kitty?!?!? : https://www.jaguarforums.com/forum/f...ration-160606/
 
  #12  
Old 04-16-2016, 01:51 PM
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Kief's last question does make one wonder.....
Larry
 
  #13  
Old 04-17-2016, 04:50 PM
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Originally Posted by lsbrodsky
Kief's last question does make one wonder.....
Larry
Yeah, something doesn't feel right here, however with this said, I wish it is for all parties. It just feels off??
 
  #14  
Old 04-17-2016, 05:22 PM
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For under a $1000 this is a pretty good deal!
 
  #15  
Old 04-20-2016, 07:59 PM
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wow, if i can get someone to take my lease off my hands (2015 bmw m3 loaded), i would absolutely get this.
 
  #16  
Old 04-22-2016, 08:52 PM
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Is the $998/mo including tax (what is it in Oregon anyway?) or excluding?

The best deal on a similar car (actually nearly identical) I got in Southern California was $0 down, 39mo/39,000mi for $1150/mo (tax INCLUDED).
 
  #17  
Old 04-25-2016, 06:22 PM
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no sales tax in oregon......that said.... that F type will depreciate , i would think, a bit more than 20 k in 3 years....more like 40k i bet
 
  #18  
Old 04-25-2016, 11:13 PM
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Originally Posted by Kief
Yeah, the "leases" listed on swapalease all note 72 month terms which clearly indicates a loan (a poor one at that).

OP, curious your buyout and whether JLR will give you 2 buyouts--one for you and one for a 3rd party (CarMax, dealer).

BTW OP, your quick departure doesn't have anything to do with your previous Thread, does it? Be honest, did you mess up this kitty?!?!? : https://www.jaguarforums.com/forum/f...ration-160606/
Good catch Kief. Was scratching my head reading this and now it makes more sense to me.. people don't usually dump a car they just got (lease or not) to buy something they like better just because it was a "really good deal." Especially when the F-type was also a "really good deal." Good deals come along all the time...

Also note the OP hasn't been back in a couple weeks.. hmm...

Not making an accusation, but seems a bit off to me is all. Buyer (lessee) beware.
 

Last edited by 01Silverstone; 04-25-2016 at 11:18 PM.
  #19  
Old 04-27-2016, 07:24 AM
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Considering the deal I got on my Maserati Granturismo Sport last year, the deal on this jag doesn't seem all that great.

I leased a new 2014 Maserati GTS ($137600 MSRP) on 5/30/15

36 month lease
$2k down including 1st month's payment, reg, etc.
$1,028 plus tax
10k miles/year
No security deposit
Tint & wheels powder coated to black included
$5k excess wear & tear included

And I can do a lease transfer on my car...but why would I ever do that!
Disposition fee waived at lease expiration
 

Last edited by jbarbakow; 04-27-2016 at 08:54 AM.
  #20  
Old 06-12-2016, 08:23 PM
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Wow, that is an amazing deal on the Maserati GTS ! I got a quote yesterday for an F type S that has an MSRP of $97K for $1,100 per month with no money down. 36 months / 12K miles a year. Would you mind sharing what dealership and who your Salesman was. I'm in OC and see your in LA.

Cheers
 
 
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