@fxtrader wrote:It's at a dealer on Long Island, NY. The car has been removed from the site but the Jag website still saves the history. It's listed as sold on the history section. I think it is a CPO.The car is a 2014 V8 S . No trade.
Got it..
Don't know where I assumed V6 S but my mitake.
Looks to be sold 23 months ago. Local area owned serviced nearby dealer..
Looks like they just got it earlier this month.
Low miles for two years for sure. Nice color combo but I like mine in white.
These are the wholesale numbers for V8 S right now, they are actual transactions.:
09/10/15 PALM BCH Regular $68,000 7,617 Above BLACK 8G A Yes
09/24/15 RIVRSIDE Lease $68,000 7,969 Above WHITE 8G A Yes
09/30/15 DALLAS Regular $63,000 14,259 Avg WHITE 8G A Yes
10/07/15 PALM BCH Lease $66,000 5,736 Above DKGRY 8G A Yes
10/14/15 ATLANTA Regular $65,000 8,232 Avg BLACK 8G A Yes
10/28/15 NASHVILL Lease $56,700 13,907 Below RED 8G A Yes
If it is indeed certified.. you have a good car. Price is good but you can always work that a little more as this was a trade, they have room.
You need to work on that loan. Do you have any access to a credit union at all?
Is your income supporting this easily and documentable (to get a much better rate)?
I really am having a hard time with this deal being turned down at Jaguar Financial..
If this car is certified, it would have a lower APR at 2.9% for 60 months (670) is the qualifier. Trans Union is Jaguar Financial's primary bureau in New York. They WILL use an alternate bureau for a higher score.
The difference? A lower flat fee paid to the dealer for the loan...
I would talk to the Used Car Manager, not the Finance Manager
@fxtrader wrote:I actually was approved at DCU for only $48,000 at 2.74%-3.74% (need to submit paystubs and purchase agreement). I'm waiting on a decision from Penfed.
What do you think of single-pay leases? I'm thinking about going this route for a lease offer on a F-Type V6s coupe or the V8r coupe. Maybe use the loaned money from the credit union towards the single payment of the lease and make payments to the CU..I would save hundreds per month if I did this vs. leasing directly from Jaguar (if I qualifed).
I'm assuming since a one time payment is in play, the monthly payment used in the calculation will be lower than the lease offer stated on Jaguar's website? Tier rating would not be a factor? How would GAP insurance protect me in the event of an accident?
You cannot borrow money from the credit union to pay forthe single pay lease UNLESS the money is from an unsecured (personal) loan.
If the loan from the credit union secures the Jag as collateral, they will expect to have the ONLY lien onthe vehicle.
Single pay lease will name Jaguar Credit as the lien holder as they will hold the remaining balance of the vehicle (residual).
To answer the other questions..
Single pay leases do have a (figurative) lower monthly payment as the money factor is reduced.. sometimes to almost nothing. Usually tier is not a factor for single pay lease.. either you qualify or don't.
GAP is always included in the lease as the lease bank is technically/legally the owner and is the one at risk in the event of a total loss of the collateral.
Fury1995-- Are you still with Jaguar? Question...I realize all states are different, but do you know the tiers and credit scores for each tier? Also, do you know anything about employee/VIP/Business associate purchase plans, like TrueCar, etc.? I believe my company has "arrangements" with all the car companies, which offers us dealer invoice pricing, plus any incentives. Mostly every company I go drive a car at has told me that we get a better deal than actual dealership employees. #sorrynotsorry. 
Thanks for any help you can offer.