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JAGUAR LEASE FACTS AND FANCIES

 MAHWAH, N.J., Sept. 14 /PRNewswire/ -- Here's news about car leases of interest to anyone who enjoys -- or just dreams about -- luxury cars.
 -- With a lease, you don't pay for the whole life of a car, just portion you will use over the term of the lease. As a result, the monthly payments are lower.
 -- Jaguar, one of the luxury industry's pacesetters in automotive leasing, has what industry experts call a super lease. One of the unique features of Jaguar's lease is the Guaranteed Future Value clause.
 -- The key to your payments is this clause. Suppose you wanted to drive a new Jaguar for two years. If you financed, you'd probably be faced with some considerable monthly payments. If, however, you chose the Royal Charter Superlease, you won't have to pay for the whole life of the car.
 -- Instead, the car's worth after two years of driving is calculated. Say the car is valued at $60,000. After two years, Jaguar credit estimates it will be worth $34,200. This $34,200 is the Guaranteed Future Value. Because you don't use this portion, it's deducted from the original $60,000. Your superlease payments are based on the portion you use -- $25,800 -- plus a lease charge based on the total price.
 -0- 9/14/93
 /CONTACT: John Crawford of Jaguar, 201-818-8149/


CO: Jaguar ST: New Jersey IN: SU:

WB-SM -- NYFNS2 -- 1569 09/14/93 07:33 EDT
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Publication:PR Newswire
Date:Sep 14, 1993
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