Jaguar Lease

In our ultimate guide for Jaguar leasing, Jerry covers how to get the best lease, how much you can expect to pay, and what you should do when your lease is up.
Written by Samuel Todd
Reviewed by Jessica Barrett
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If you want to experience the incredible performance and superb style of a brand-new Jaguar without managing a sky-high monthly payment, leasing could be a great option for you.
Leasing has grown in popularity in recent years because it’s an affordable way to try out a sweet new vehicle without committing to buying it. There’s a downside to leasing, though: you have to pay for the depreciation of the car as you go and you’ll face more restrictions.
It’s no secret: Jaguars are top-of-the-line when it comes to luxury cars. If you can’t wait to get behind the wheel, you’ll want to know the ins and outs of leasing.
Car insurance
comparison super app
Jerry
is here to give you just that: we’ll cover how you can get a lease, how much you can expect to pay, what you should do when your lease is up, and where to find surprisingly low
Jaguar car insurance costs
.
Most importantly, we’ll prepare you to answer the million-dollar question: is it worth it to lease a new Jaguar?
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How to lease a Jaguar

To lease a Jaguar, you can check out their
car shopping website
or visit a dealership near you. However, before you do, you should walk through a quick checklist with us to make sure that you get the best lease. We know how hard it is to wait, especially when you’re itching to get behind the wheel—but trust us, these steps are worth it!
  • First, you should check your credit score. Since Jags are the cream of the crop when it comes to luxury and leasing requires a higher credit score than financing, you should aim for a score of over 700 before you sign a lease.
  • Next, put together a budget for your lease. Your payment shouldn’t be more than 15% of your monthly income. So, if you make $6,000 per month, try to secure a monthly payment of less than $900. 
  • Then, estimate your down payment. Most Jaguar leasing offers will have a fairly high down payment—somewhere in the $3,000 to $7,000 range. That said, you might be able to land a down payment as low as $1,000, but that’ll bump up your monthly payments.
  • Finally, calculate your monthly mileage. Most leases allow for 10,000 to 15,000 miles each year. If you’ve got a long commute to and from work each day, leasing might not be the best option for you. If, on the other hand, you don’t put a lot of miles on your car, you might have found the perfect fit.
So, you’ve tackled the finances—nice job! Now, it’s time for the fun part: choosing the right Jaguar model for you.
If you’re balling on a budget, you could go for a less expensive Jaguar like the
E-Pace
, which has an MSRP of just over $50,000. But, if you can’t resist the roaring, 500+ horsepower
Jaguar F-Type
, you might have to pony up a little more cash to get all of that power.
Here’s a pro tip: have your budget in mind (or printed out and in your pocket!) when you walk into the dealership. At the end of the day, their job is to upsell you by persuading you to buy enhanced performance packages and cosmetic upgrades. A rigid budget will help you to stay focused on what you want and resist the dealer’s special offers.

The final step: shop for insurance

Lastly, it’s time to look for the best insurance for your new Jag. Most people groan when they think of insurance shopping—with Jerry, it doesn’t have to be that way.
Jerry
is your car insurance shopping companion and policy genius that fits in your pocket. You can download the app, sign up in 45 seconds, and let Jerry do all the heavy lifting, finding you the cheapest policies without sacrificing coverage.
If you don’t trust us yet, take a look at the numbers! The average Jerry user saves $887 on car insurance.

How much does a Jaguar lease cost?

Leasing a Jaguar is cheaper monthly than buying one, but your exact payment will depend on a bunch of different factors, like:
  • Which model you go for
  • What sales price you agree on
  • The lease length
  • Your interest rate
  • Added features and upgrades that you choose
  • The sales tax in your state
As a ballpark estimate, your monthly payment should fall somewhere between $600 and $1,800. A less-costly car like the E-Pace will fall on the lower end while a souped-up F-Type (which can go for over $100,000!) will land on the higher side of the range.
If all of the hidden costs are making your eyes roll back into your head, let’s take a look at a straightforward example.
Say you waltz into the Jaguar dealership and, after some looking around, find the perfect E-Pace sitting on the lot. Your monthly payment will be about $657, but there are a number of additional fees that you should keep your eye out for:
  • First month’s payment: $943
  • Down payment: $3,000
  • Security deposit: $0
  • Acquisition fee: $895
After all’s said and done, you’ll pay $4,838 for your Jag, plus taxes and optional upgrades that could increase the sales price even more.
For customized car payment calculations, check out
Jaguar’s car payment calculator
.
MORE: How to calculate a car lease payment

Services included in a Jaguar lease

Fortunately, most Jaguar leases include complimentary maintenance. As long as you don’t go over the mileage limit, you can take your car into an authorized service center for things like:
  • Oil changes
  • Tire pressure checks
  • Wiper blade replacements
  • Engine oil and filter check-ups
  • Spark plug replacements
  • Air filter examinations
  • Headlight examinations
  • Other services
Key Takeaway The monthly payment on your Jaguar will likely fall between $600 and $1,800, but you should also consider up-front costs (like your down payment) as well as complimentary maintenance.

What to do when your Jaguar lease is up

Once you’ve reached the end of your lease, you can either return the Jaguar or, if you can’t bear to say goodbye, purchase the Jaguar.

How to return a leased Jaguar

Jaguar’s
lease-end checklist
is a great resource to ensure a smooth and stress-free return process. We’ll hit the highlights for you here:
  • 1: Schedule your return with a Jaguar dealer
  • 2: Prepare the car by removing your personal items, placing the owner’s manual in the glovebox, and returning the sets of keys
  • 3: Check with your local DMV for license plate return practices
  • 4: Complete the
    odometer statement
    : This is pretty simple, you just have to verify how many miles are on your car when you return it
  • 5: Finally, fill out the
    lease turn-in form
    within one business day of returning your Jag
Once you’ve finished these steps, you’re all set! You’ll have to pay a $400 disposition fee, which helps to cover the costs of returning the car. If you choose to buy the car, or (in many cases) lease another Jag, you won’t have to pay the disposition fee.

How to purchase a leased Jaguar

We get it—goodbyes can be hard. If you’ve fallen in love with your new Jaguar, don’t fret—you can buy the same vehicle that you leased at any time during the lease. All you have to do is pay the purchase price in the lease agreement, or finance it through a bank or credit union.
If you want to learn more, Jaguar’s
customer support page
has excellent info on purchasing your leased Jaguar. 

How to find the best car insurance for a Jaguar

If you’re cruising down the streets in a sleek Jag with incredible performance, you’ll want a superb insurance policy to complement it. After researching all the different models and filling out forms for your lease, though, we’re sure that you’re tired of crunching numbers.
Jerry
, our
trustworthy insurance comparison app
, allows you to sit back and relax while we find insurance savings for you. Just download the app, sign up in 45 seconds, and compare the best quotes from over 50 top insurers.
I know we promised no more numbers, but we’ve got one final statistic for you to consider: the average Jerry user saves $887 on car insurance! With savings like that, you’ll be enjoying your local highways the way Jaguar owners are meant to: serene and worry-free.
“When using
Jerry
, I just put in a bit of information, and they found lots of different quotes for me. I was paying $305 a month for 2 brand-new cars, but now I’m paying $150 a month for both with full coverage!” —Robin U.
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FAQs

If you aren’t fully committed to your Jag and might switch cars in the future, leasing is a great option for an extended test drive. But, if you want to own a luxury car that boasts impressive speed and sharp design, you should probably finance your Jaguar, so that each monthly payment is an investment in your future.
Starting at just under $41,000, the Jaguar E-Pace is the least expensive Jaguar in 2022. With excellent credit, your monthly payments could be as low as $550.
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