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Prices Paid: Buying & Leasing Experiences Land Rover LR3 Lease Questions
526 messages, Last post on Jul 01, 2008 at 2:12 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?
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Replying to: tjones39 (Sep 01, 2006 1:18 pm) 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.
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Replying to: british_rover (Sep 01, 2006 2:19 pm) |
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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
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Replying to: ceperry (Sep 14, 2006 10:38 am) hope this helps. |
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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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Replying to: tjones39 (Sep 01, 2006 1:18 pm) May I ask what the MF/residual is for a 24-month lease with 15k miles if you took advantage of the lower purchase price (and thus excluded the special lease rate?) Thank you! Christina |
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Hi, all - Okay, I finally got my new LR3 yesterday! Love it so far. Here's the deal I ended up with. Got a much more loaded V8 SE than I was looking for (MSRP 55,175 - third row seats, cold weather pkg, navigation, lighting pkg, heavy duty pkg, satellite radio, cooler box) but I think this is a pretty good deal. They threw in floor mats and Wearcare. 24-month lease, 10,500 miles/yr, purchase price of $50074, which is about $26 over invoice. What do you think - did I jump the gun or did I do okay? (I wanted to wait longer to see if prices get better toward end of year, but I really wanted Bonatti Grey and there weren't many left in my area!) Thanks! Christina |
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Can anyone help me on this. I am dealing with a Dealer in Oh who I am looking to buy a 06 LR3 SE with 3rd row seating. Cold Pkg, Lighting Pkg and nav. I asked what the MF and residual was he said that the residaul was 65% but wasn't sure on the MF. MSRP is 55k and they quoted me 795 for a 2yr 15k miles. Due at signing was tax tags and first,last months payment. How does this sound. Also I notice today online they are offering a LR3 V6 lease for 499 month with 3200 due at signing
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Hi carman, just joined forum today because I am on tight timeline, heading out of town on a business trip in 2 days and want to finalize my lease deal so I can pickup new LR3 on way home from airport. BUT I do not want to accept bad lease deal under pressure. I am new to the lease game so I may not have the lingo down. Here goes' I am looking at 2 different 2006 LR 3's Blue one: Has all options but the sat radio and hvy duty package. I s a demo model with 1,700 miles. They are telling me MSRP is $48,600 Offering me lease deal of: 24 month/ $3,000 down / 12k miles yr/ $ 651 month w/ tax White One: Has all options including sat radio & no hvy duty pkg . Is new w/ no miles They are telling me MSRP of 54,475 - $2,000 off incentive from land Rover = MSRP of $52475 Offering me lease deal of : 24 month/ 3,000 down/ 12k miles yr/ $678 month w/ tax Are either of these a good deal ?? Sorry for the need for a rush answer!
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