I am planning to lease a XJL in the next couple of months. 36 or 39 months, 20,000 miles a year.

Yesterday, I checked with the local dealer in Milwaukee. Currently, the residual is at 48% (36 or 39 months - i forgot.. 15,000 miles/year).. and interest rate is about 0.1% apr (almost no interest) for 2013 models. He did not mention any cash back at this time - (one can never be sure, with car dealers but he is probably telling the truth or partial truth).

I don't need a car till 1st of August. In fact, I can even wait till Sept/Oct/Nov.

I am wondering if I should lease one at end of June (while there is a wider choice of colors/options) or just order a 2014. The dealer says that the interest rate is 0.1% because of promotion and while 2014s might well have 52% residual, the interest rate might well be higher also. According to him, the lease price/month would remain almost the same. And NO, I don't plan to buy the car at the end of the lease. Therefore the model year of 2013 or 14 would not matter to me.

I am hoping to hear from those of you, who have prior leasing experience of jaguars and know some of the trends and actual residual numbers and cash back program details of 2012..

With all due respect, I wish to avoid "theoretical discussions". I am specifically requesting comments from those who have leased or purchased a 2012 or 2013 XJL... and can share residual values (if leased), interest rate numbers and the discount they have gotten (if that is permitted by rules of etiquette and this forum). Of course, I realize that it the discounts vary from state to state and time of the year..

Thank you.

 

Overall, interest rates are rising...which is one of the reason's the stock markets tanked yesterday.

 

With all due respect, please don't turn this into an interest rate/stock market discussion. This is exactly why I wrote "I wish to avoid theoretical discussions" (like this!). They deviate from the subject. Please don't respond do this (my) reply either and I hope others won't comment on this (my) reply. Lets get back to my specific question please?
To reiterate: I am specifically requesting comments from those who have leased or purchased a 2012 or 2013 XJL... and can share residual values (if leased), interest rate numbers and the discount they have gotten (if that is permitted by rules of etiquette and this forum).
Thank you for your understanding.

 

From what i have heard, Jaguar's fiscal term ends on July 29th. Not 100% sure on it, but if it is true, make the move before the end of July.