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Prices Paid: Buying & Leasing Experiences Land Rover LR3 Prices Paid and Buying Experiences
337 messages, Last post on Nov 02, 2009 at 10:17 AM
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Replying to: monisan (Aug 02, 2008 9:31 am) |
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Just bought a "Executive Demo" from Chicago-land LR dealer with 5k miles. The MSRP sticker was $57,950, paid $41k, took about 3 minutes of negotation so I probably left a little money on the table as well for the dealer. The lease factors were horrible (30% residual and 9% interest rate for 36 months), so just bought it outright.
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Replying to: 1stlexus (Sep 04, 2008 8:40 am) |
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| I just drove the 2008 LR3 HSE. Nice vehicle but not the right vehicle for me. Salesman told me there is currently an $8000 incentive on the 2008 LR3s. Should be some great deals out there. Just FYI. I was at Paul Miller LR in Paramus, NJ. Good luck. | |
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We got a 2005 SE for $21k before all the other fees at Hornburg on Sunset. At the time we bought, they offered to match any lower price on a comparable car at another dealer, so shopping around was a good deal. It was certified pre-owned, so came with a 75k mile warranty, and the truck itself was in immaculate condition. The carfax also came back clean, and the service at Hornburg was spot on with what one would expect from a high-end dealership. With the recent high price of gas, residual values of SUV's has tanked, so going pre-owned a year or two would save you a lot of money on the bottom line, and you'll still get a generally good vehicle. |
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All, My 2002 Range Rover was going out of warranty and a lease on another car was expiring so I need two cars at once. Maybe I could have even done better going out of state (I am in FL) but what LR did was unbelievable on the 2008 BRAND NEW LR3s: 2008HSE Java Black with Satellite radio and full (three row plus cargo) heavy duty LR rubber mats: Sticker: $55,600 Bought: $39,500 2008 SE Gray with bi-xenons and satellite radio and full rubber mats as above Sticker: $50,800 Bought $34,500 These are less than 4Runner prices! Even better, my dealers were honest and told me to buy my land rover assured exclusionary extended warranty (including tire road hazard coverage) out-of-state because there was a $1K rebate that Florida dealers could not honor. So, contacted a Colo. dealer and got the 7year/100K max warranty for each car, with the $1K rebate, and the dealer even gave an additional $400 off for each warranty (total, $3,600 each). Still not cheap but way off retail prices for these warranties. I bought before Dec 31 but I think there are still deals like this, if you can still find any 2008s. Also, the 2008s included the first six factory services for free and the 2009s do not. What amazing deals, unheard of for LR (I have been a LR owner since 1995 and never seen anything like it). Even got the 1.9% 60 month financing on one of them! LandRoverGuy, Florida
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Replying to: FlaGuy4runner (Feb 27, 2009 10:36 am) also, did you buy them in FLA? What is the best state to purchase in? I want a used 2008 LR3 and have found 30 within 50 miles of me but they all seem priced around $36k? any thoughts on what I should be paying?
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Replying to: parkaveslacker (Feb 28, 2009 6:08 pm) I bought at Land Rover Fort Lauderdale and Land Rover North Dade, these are in south Florida. The Colorado dealer I got the warranties from said he had new 2008 LR3s at similar or maybe even higher discounts (but I prefer a good relationship with a dealer close by). I think it was Land Rover Flatirons. These were over 2 months ago, though, so I don't know what is available. It is true that, on Auto Trader, I did see used 2008s priced higher than what I paid, but if there are no new ones left then you are stuck. Good luck! Guy |
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Hi, My LR3 lease is up in May. It doesn't look like any good lease rates on the horizon, so am looking to purchase my next LR3. I have started my search early as I want to take advantage of the low prices on the '08 LR3 demo's. "Red Tag" prices are around $36k, but one dealer told me that they are working with every client on price. I have asked them to come in at $30k for a '08 LR3 SE demo w/ cold climate and blue tooth (MSRP of around $51k). Two questions to the forum: 1) is it realistic to expect a dealer to go down to $30k? 2) should I be in a hurry to buy or will the current inventory of '08's not deplete until May (and increase my negotiating leverage)?
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Replying to: enya07 (Mar 06, 2009 5:35 am) BE CAREFUL ON THE DEMOS, though. These vehicles are already in-service for warranty purposes. On the two demos my dealer could locate, mileage was low (around 5-6K) but one year of the warranty had expired. This is a huge issue given the cost and, sometimes, frequency of repairs. If you plan to buy and trade in a couple of years, no problem. If you keep for a long time like I do (I warrantied mine for 7/100K), or if you private sell to maximize your value, then this is a real issue and, to me, more than worth it to pay more for brand new and have the full warranty. Good hunting! |
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