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Land Rover LR3 Lease Questions

526 messages,  Last post on Jul 01, 2008 at 2:12 PM

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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#153 of 526
Re: Need Help Negotiating a Lease Also/ Loaner car [british_rover] by tjones39
Sep 01, 2006 (5:19 pm)
Reply

Replying to: british_rover (Sep 01, 2006 2:19 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 526
LR3 SE Lease... please advise! by ceperry
Sep 14, 2006 (10:38 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 526
Re: LR3 SE Lease... please advise! [ceperry] by liv4theroad
Sep 14, 2006 (7:32 pm)
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Replying to: ceperry (Sep 14, 2006 10:38 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 526
Specifics on MF and Residual for LR3 by ceperry
Sep 15, 2006 (7:30 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
#157 of 526
Re: Need Help Negotiating a Lease Also/ Loaner car [tjones39] by ceperry
Sep 15, 2006 (8:40 am)
Reply

Replying to: tjones39 (Sep 01, 2006 1:18 pm)

TJones, I'm running into the same problem - that great 24-month lease deal with the favourable money factor doesn't work with the $6,750 off (because that number depends on LR marketing dollars.
 
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
#158 of 526
LR3 lease... here's what I got.... by ceperry
Sep 19, 2006 (7:10 am)
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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
#159 of 526
1ST Time leaser looking to buy a LR3 by lfuryus
Sep 25, 2006 (1:22 pm)
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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
#160 of 526
trying to lease an LR3 TODAY! - help by drewski2
Sep 26, 2006 (9:21 am)
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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!
#161 of 526
Re: 1ST Time leaser looking to buy a LR3 [lfuryus] by lfuryus
Sep 26, 2006 (12:52 pm)
Reply

Replying to: lfuryus (Sep 25, 2006 1:22 pm)

Update on the lease info.
 
LR3 SE msrp 52000
       Selling: 47500
Options: Cold Climate Package
              Lighting package
              Park Sensors
              Personal Telephone(Bluetooth)
              Rear seat and rear climate control
              Satellite Radio
 
With no money down, 24 months, 15,000 miles a year, 722.98
 
With 1208 down(taxes), payment is 673.24 a month
 
MF: .00167
residual: 68%
 
How does this sound?
#162 of 526
Re: trying to lease an LR3 TODAY! - help [drewski2] by explorerx4
Sep 26, 2006 (6:20 pm)
Reply

Replying to: drewski2 (Sep 26, 2006 9:21 am)

i'd take the airport limo home and do some more homework. jmo.

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