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Land Rover LR3 Lease Questions

566 messages,  Last post on Aug 04, 2009 at 9:28 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#16 of 566
Re: LR3 Lease Numbers [rwalker4] by Car_man HOST
Dec 01, 2005 (3:07 am)
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Replying to: rwalker4 (Nov 30, 2005 9:36 am)

Congratulations on your new truck, rwalker4! Thanks for taking the time to share the details of your deal with everyone.
 
Car_man
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#17 of 566
Re: LR3 Lease Numbers [rwalker4] by british_rover
Dec 07, 2005 (9:23 am)
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Replying to: rwalker4 (Nov 30, 2005 9:36 am)

Yeah if you can find a 2005 service loaner that is the way to go. You can get incredible deals on them. Your particular car was probably either a VIP service loaner that was never used, I had one of those that I sold for a similar amount that had only 85 miles on it, or was a service loaner involved in the gas tank recall. It probably got punched as a service loaner and then just a day or to later the gast tank recall came out and it could not be driven any more. I have a couple of LR3's like that as well.
#18 of 566
Re: LR3 Lease Numbers [rwalker4] by shodorov
Dec 12, 2005 (6:07 pm)
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Replying to: rwalker4 (Nov 30, 2005 9:36 am)

rwalker14 - which dealer did you get that deal from? thanks
#19 of 566
Re: LR3 Lease Numbers [rwalker4] by karla2
Dec 13, 2005 (6:13 am)
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Replying to: rwalker4 (Nov 30, 2005 9:36 am)

rwalker4 - sounds like you got a great deal - it's exactly the type I'm looking for. Can you tell me the name of the dealership and city/state?
#20 of 566
5k rebates on 05 but not on leases?! by shodorov
Dec 13, 2005 (12:01 pm)
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Car_man, do you know if this is true or a line im being fed? my dealer has a lot full of 05 leftovers which have a 5k rebate. The catch is he can only sell them to me but not lease per Land Rover.
 
thanks
#21 of 566
LR3 Lease Numbers by rwalker4
Dec 13, 2005 (8:50 pm)
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I got the deal at Land Rover Akron in Akron, OH. Hopefully they still have a few 2005 service loaners left.
 
I received both a $4400 discount for the service loaner as well as the $5000 rebate for a lease on my LR3.
#22 of 566
Re: 5k rebates on 05 but not on leases?! [shodorov] by Car_man HOST
Dec 14, 2005 (4:18 am)
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Replying to: shodorov (Dec 13, 2005 12:01 pm)

Hi shodorov. I believe that you are being told the truth. Land Rover's normal dealer cash incentives cannot be used in conjunction with its special lease program. Land Rover is providing a $700 cash incentive for leases through Land Rover Capital Group right now though.
 
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#23 of 566
Re: LR3 Lease Numbers [rwalker4] by bmk007
Dec 14, 2005 (4:23 am)
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Replying to: rwalker4 (Dec 13, 2005 8:50 pm)

hi congrats on your LR3 deal. If you don't mind me asking what kind of payment and term did you get on your lease?
 
thanks.
#24 of 566
Re: LR3 Lease Numbers [rwalker4] by shodorov
Dec 14, 2005 (7:49 am)
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Replying to: rwalker4 (Dec 13, 2005 8:50 pm)

I hate to tell you this but for the benefit of others on the forum here goes: I worked back the 485 number with the other numbers you mentioned in your otiginal post - and it looks like you did not get a 5k AND a 4.4k discount - but just a 4.4k discount. with both discount your lease payment would be in the mid/low 300's
 
Check your contract again. the cap cost should be in there. if it is indeed in the 38k range you need to talk to the dealer.
#25 of 566
Special vs standard lease by british_rover
Dec 16, 2005 (12:22 pm)
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In order to get the 5k rebate you must use the Land Rover standard lease program. The standard lease programs have much higher money factors and lower residuals but because of the 5k rebate it is actually cheaper to go that route. We have been using this leasing strategy ever since the 5k rebates came out. By doing this you can actually take 5k off the car and then also use the 700 rebate from land towars cap cost reduction. This works out good for everybody the customer gets a lese payment they could never get other wise, we make a good amount of money on the front end of the car cause of the rebate while still showing a substantial discount. And finally we make a good amount of money on the back end since the money factor is higher then the special lease.

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