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Land Rover LR3

4512 messages,  Last post on Aug 06, 2009 at 3:42 PM

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What is this discussion about? Land Rover LR3, SUV


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#52 of 4512
Re: Section 179 [shemar] by peeete
Oct 25, 2004 (1:15 pm)
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Replying to: shemar (Oct 25, 2004 6:31 am)

THe only problem with the Toureg in my opinion is that VW service isnt supposed to be all that good. If you want premium level serivce, you have to stay with the right brands. If my choice was down to the Toureg or the LR3, I would definately wait for the latter. They are out there; My dealer had a couple on Saturday. As far as I know they are going for sticker, no mark up.
#53 of 4512
Section 179: For Fiscal Dummies, Please by blckislandguy
Oct 25, 2004 (6:37 pm)
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Peete and Habitat1, please help me out. For someone in the max tax bracket who is a Subchapter S corp (in a nut shell, everything flows through to the personal return), if he buys an LR3 for 50K and deducts it under Section 179 (claiming 100% biz use) , what is the net savings? I say it is 15K. Am I correct?
 
The corrolary of all this (if I'm correct) is with this 15K net savings, a lot of people will find they can't afford non-Hemi Jeep Grand Cherokee Limiteds, but they can afford an LR3 or X5!
#54 of 4512
Re: Section 179: For Fiscal Dummies, Please [blckislandguy] by peeete
Oct 26, 2004 (2:41 am)
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Replying to: blckislandguy (Oct 25, 2004 6:37 pm)

well Im not an accountant, so you should speak to yours, but if you use the LR3 100% for business, you could deduct the full $50k purchase price. To find the "real dollar" value to you, multiply the 50K times your tax bracket (36%?) to find the real dollars. I do not think that the S Corp has anything to do with it, but I am not sure about that.
 
Remember, that if you have a lot of deductions, you may not end up in the top tax bracket, and your final tax rate may be lower, reducing the value of your 179 deduction.
 
If you deduct it 100%, you had better be able to prove that. I think its a red flag for the IRS.
#55 of 4512
ugly! by pemarsh
Oct 26, 2004 (11:49 am)
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Local dealer had 6 LR3's (chicago suburb, and only 2 were sold). UGLY!!!!! I was going to buy this vehicle, but not anymore. It really is a total let down. It looks like a beefed up Tonka toy. No wood paneling on the inside?? ANother let down. Dash is plastic, similar to Hummer.
 
However, the BIG improvement is space, space and space. You can actually get into the rear seat now.
#56 of 4512
LR3 is a winner overall by grommet
Oct 26, 2004 (4:11 pm)
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I've driven a loaded SE trim a few times now. The bulk of the commercial reviews have said it all. But I'll make a few comments...
 
Pros: Excellent off-road, and very capable as a street warrior. Engine and transmission smooth and refined feeling. It's heavy, but hides it fairly well. Feels stable even in aggressive maneuvers. Everything feels solid outside and inside. Cargo space with fold-flat seats is great. Roomy interior that feels open; optional 3rd row will even hold normal size adults instead of just kids. It's nothing like the old Discovery.
 
Cons: It's extremely heavy (gas mileage). $5K (US) too expensive to be an "easy win". Interior could be more "interesting" (well, at least piping on the seats like '04 Disco, and maybe more color choices); is it too utilitarian for $50K? There are also a few gadgets missing that would have been nice options: Auto-dimming outside mirrors [not just inside], Integrated satellite radio support (Sirius or XM), Rear-view backup camera [if equipped with Navigation], & Tire pressure monitoring system. The unlockable fuel filler door is odd, too.
 
Now, some complaints about Land Rover "mis-information":
 
The SE only has 6-way seat adjustment for the driver's seat; it's the same as the passenger seat. There is no front "up and down" adjust and this may impact shorter customers. The HSE, with it's memory seats, should have 8-way adjust on driver's seat. The current brochure says both SE and HSE have 8-way adjustments. This is incorrect.
 
There is also confusion regarding the supposed lack of Touch-screen support for anything beyond Navigation and 4X4 Info... like the [coming in Spring] Phone Integration (PTI) w/ Bluetooth, and the HSE's higher-end Premium h/k radio. (Web sites have conflicting informaton.) We'll see...
#57 of 4512
LR3 Looks by blckislandguy
Oct 26, 2004 (5:52 pm)
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I looked at a pair of LR3s tonight at a dealership. One black and one silver. I agree with most/all of the thoughts expressed above about the good seats, space, utilitarian style, pricing (5K too much to be a slam dunk), etc. I think the vehicle is a huge step forward but it may not fly off the lots after the first rush. Expect discounts. (The Infiniti Q56 and Nissan Armada were both at one time red hot. Now they are discounted.)
 
The one option missing for me would not be Siruis or satellite radio or a backup camera (are we that infirm that we can't turn from the "command seating" and look?) but rather air conditioned/ventilated seats like on the SAAB and Expedition. Speaking of Options, Tincup has mentioned a wood package. I haven't seen this in any brochures or the web. How much is it?
 
But here's a new perspective on exterior style: the black LR3 when viewed from a 3/4 angle on the side looked no where nearly as attractive as the silver one. The rear area seemed too compressed and shortened and the roof line wasn't smooth. The silver one looked far smoother and the lines flowed better. This surprised me because usually highly waxed dark colored cars always (to my eyes) look better.
 
I also had a chance to compare the LR3 lines to a Range Rover. The RR looked much smoother (the roofline was of course one level). Interesting difference in engine packaging: the LR3 had covers over covers and it was hard to see the engine. Access was limited. The BMW V8 was out in the open with little in the way of designer covers. The valve covers looked a little like a Ford 4.6 !. Impressively, the RR used some stainless braided hydraulic hose for some oil lines--now thats first class. Only saw one cup holder though in the RR and it looked impossible to use with its cover. The LR3 had enough coffee cup holders to be a Starbucks annex!
 
Does anyone have any realistic expectation of the service life of the Jag derived V8? I have to believe that the Land Rover mods (better sump, etc.) will give it more life even in just general service. But will it run to 150K like any old American V8 before even so much as a valve cover has to come off? Does the engine have a timing chain or the problematic timing belt? How much is a water pump? Alternator? (Allright, I admit it, our 318s have spoiled us: treat 'em right and they run forever.)
#58 of 4512
Re: LR3 Looks [blckislandguy] by grommet
Oct 26, 2004 (6:21 pm)
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Replying to: blckislandguy (Oct 26, 2004 5:52 pm)

Here is the stick-on Wood Veneer Fascia Kit (as a non-wood fan, thank you for making it optional, Land Rover):
 

 
Rear-view Backup Cameras are very useful for tall vehicles, like the LR3, to avoid children, pets, etc. They disappear and can't be seen normally.
#59 of 4512
Re: LR3 Looks [blckislandguy] by tincup47
Oct 26, 2004 (6:41 pm)
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Replying to: blckislandguy (Oct 26, 2004 5:52 pm)

The engine does have a timing chain. The 4.4 V8 has had very good reliability as a 3.9 and 4.2 Litre in the XJ, XK, and S-Types, both naturally aspirated and supercharged.
 The Armada and Infiniti, while getting good reviews have not been strong sellers from their introduction. However there numbers are disappointing because Nissan is a volume manufacturer and expected much higher numbers. If Land Rover can sell LR3's at the same rate Nissan is selling Armadas, that will be a success for Land Rover.
#60 of 4512
Re: LR3 Looks [tincup47] by peeete
Oct 27, 2004 (12:30 am)
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Replying to: tincup47 (Oct 26, 2004 6:41 pm)

The Armada and QX are an oreder of magnitude larger than the LR3, so that has something to do with it. My dealer has an LR3 on the showroom floor finally. UGLY. It looks like a POS next to the Range Rover. They did sell at least 4 yesterday at sticker however. I agree with the other comments; if it had been $40K I would have bought one. $47k as normally outfitted was just out of reach. The seats are really good however.
 
I did pick up my Disco yesterday, and I loved feeling like I was driving an English carriage, repleat with a polite male voice with an English accent telling me to "please turn right in 300 meters." It worked too !

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