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Land Rover LR3 Lease Questions

531 messages,  Last post on Sep 02, 2008 at 9:24 PM

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What is this discussion about? Land Rover LR3, Car Leasing, SUV


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#147 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car by tjones39
Sep 01, 2006 (6:40 am)
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Great Liv4theroad, so now I know the residual and MF are correct. Did you notice a $750 MLS fee get subtracted right before the final residual number? This is a disposition fee or turn in fee that I think is crazy?
 
Congradulations on the new ride, I cant wait to get one also!
#148 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car by tjones39
Sep 01, 2006 (7:33 am)
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Well I found out what the MLS fee is its for the loaner car mileage deduction at.15 cents per mile for the 5000 miles on the car. However they are only offering 5k off of msrp for the loaner car but are giving the really good lease rates for the car. I know he can come down on his price some but how much who knows.
#149 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car [tjones39] by liv4theroad
Sep 01, 2006 (7:35 am)
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Replying to: tjones39 (Sep 01, 2006 6:40 am)

no, my residual value is exactly 68%.
There's a 395 disposition fee at the end of the lease if I do not purchase the vehicle, that fee does not play part in any of the calculations, and I was told it will be waived if I lease from them again
#150 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car [tjones39] by british_rover
Sep 01, 2006 (10:03 am)
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Replying to: tjones39 (Sep 01, 2006 7:33 am)

Is the service loaner a V8 or a V6???
#151 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car by tjones39
Sep 01, 2006 (12:18 pm)
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The loaner is a V8 SE model with 3rd row seating, bi-xenon lighting pkg and bluetooth, the msrp is 49450 and they will sell it for 44450. The lease rate is .00127MF at 15k miles per year and a 68% residual. I really thought from what I have read here on the forums that I could get a new one for 5k off with the really good 24 month lease but they are saying no this cant be combined. I can get 5k off a purchase but then I dont get the lease incentives?
#152 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car [tjones39] by british_rover
Sep 01, 2006 (1:19 pm)
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Replying to: tjones39 (Sep 01, 2006 12:18 pm)

Yeah that is basicly correct. The couple of thousand dollars of marketing support cannot be combined with the Leaseing program if you want to use the special money factor.
 
I would think that they would want to sell the car for more then 5,000 dollars off though. Not a whole lot more but maybe 6,000 or so. I don't know the market in the area though. If we were selling that LR3 it probably would be about 6,000 or 6,500 off if you were leasing and 8,000 to 8,500 if you were doing a purchase.
#153 of 531
Re: Need Help Negotiating a Lease Also/ Loaner car [british_rover] by tjones39
Sep 01, 2006 (4:19 pm)
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Replying to: british_rover (Sep 01, 2006 1:19 pm)

That is kind of what I thought, they want too much for a service loaner with 5k miles on it. I am going to push for the $6500 off and the great lease deal and see what they say. If not I am going to shop them with other dealers in the state. Thanks for the insight.
#154 of 531
LR3 SE Lease... please advise! by ceperry
Sep 14, 2006 (9:38 am)
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Hello, all -
  
I am interested in leasing an '06 SE with Navigation, bluetooth, and Lighting package. The MSRP for a so-equipped vehicle is $50,150. Invoice is $45,701. I'm looking for a 24 or 36-month lease. 36 months is fine with me, but the dealer I've been speaking with brought up the 24, saying it's a Land Rover Capital special and the best deal going right now. (Anyone know any details on this?)
  
This dealer has a truck with the options I want, plus $2000 worth of options I don't really need and don't want to pay for (MSRP $52,575) and offered it to me at a cap cost of $48,916. 15k miles/yr, 24-month lease, with only the minimum drive-offs for a pre-tax monthly payment of $694.40. I think they can do better, but of course ideally I'd rather find a truck with just the options I want.
  
I really only need 12k miles/year (do they offer 12k? If they don't, 10k would work.)I want all this with $0 down.
  
Because it's coming up on the end of the year, I'm flexible on color, and most of the dealers around me (there are many) have plenty of SEs in stock, I am obviously shopping hard for the best deal I can get.
  
So my question is this - from your experiences, and any other knowledge of incentives, discounts, etc, what's the best price I should expect? I'd ideally like to negotiate a pre-tax monthly lease payment of under $600? Sound realistic?
  
I greatly appreciate any advice!
  
Cheers,
christina
#155 of 531
Re: LR3 SE Lease... please advise! [ceperry] by liv4theroad
Sep 14, 2006 (6:32 pm)
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Replying to: ceperry (Sep 14, 2006 9:38 am)

Ceperry: I just recently leased an SE with the ligthning pack, bluetooth & sat radio in FL and their final price was 43200k after applying a $1500 coupon I got from factory. The residual was 71% for 10500, 70% at 12000 miles and at 15k it drops to 68% . I did not put any $$ other than first payment,tax and tag. I needed the 15 k miles si I had to take the lower residual. I suggest that if you can deal with the 10500k per year to go with that, you will get a lower MF and higher residual. I am not sure if they still have the 1500k coupon, but you can try going online to Landrover.com , log on a few times until you get a survey pop up, after you answer their survey you should get a coupon via email or mail. Read some of the other posting, go back a month, I did and I got a lot of useful information. By the way I LOVE MY LR3!!
hope this helps.
#156 of 531
Specifics on MF and Residual for LR3 by ceperry
Sep 15, 2006 (6:30 am)
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Thanks, Liv4theroad. Glad to hear you love your LR3!
 
Does anyone know the latest numbers as far as residual/MF? I am now talking with a dealer about a more-equipped SE that has my options as well as heavy duty, cold weather and third row seats. MSRP is $54,375, they're offering me a cap cost of $47,625. We haven't gotten into lease specifics yet (he has to find one of the third party lease companies they work with as Land Rover won't allow the extra factory money to get the discount if it's lease, so we can't go through Land Rover Capital.) I'm looking for 24-month or 36-month, 12k miles. What should I expect for current MF and residual in each of these cases?
 
Thank you!
 
Christina

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