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Prices Paid: Buying & Leasing Experiences 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
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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.
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Replying to: shodorov (Dec 13, 2005 12:01 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: rwalker4 (Dec 13, 2005 8:50 pm) thanks. |
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Replying to: rwalker4 (Dec 13, 2005 8:50 pm) 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. |
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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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Hi Car_Man! I've just been quoted the following # for 2k6 LR3 SE with Navigation, Lighting Package, Cold Weather package, blue tooth, cooler box (i don't want this 2 options but that's what they have their stock packed with). The quote was: $620/month for putting total of $3000 with title/tax/bank fee/ deliver charge, etc... no security deposit. The Money Factor used is 0.00307 and residual is 77% ($39,7323) That's a 30month lease with 10k/month allowance. I've been told if I put down the security deposit of $695 I get a MF of 0,00297 and a monthly payment of $616. Is this a good deal, feedback appreciated. Thanks
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Replying to: vt100 (Dec 19, 2005 2:07 pm) thanks people, and happy holidays! |
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Hi all, i was just quoted the following numbers for lease and purchase, and i would greatly appreciate it if i could get some feedback before i pull the trigger....thanks. Also, the follwoing numbers were quoted to me without me doing any negotiations, etc. I just told them that i would get back to them... FOR LEASE: 2006 HSE (with Luxury pkg, Heavy Duty PKG) MSRP: $55825 Quoted Price: $52500 Miles: 15k Money Factor: .00307 Residual: 70% Acquision fee $595 Down payment: $1496.21 (without taxes) Monthly payment: $793.88 (includes taxes) FOR PURCHASE i was quoted $52500 Also, i recently receive a $1500 discount coupon from Land Rover in mail. And a few days ago i had also received a 1500 discount offer from LR when i was surfering their site (a pop-up window offer). Am I entitled to one of these discounts on top of the negotiated price with the dealer? anxiously awaiting replies, thanks... |
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Hi & I am gald I have found this discussion. I have picked up an LR3 for test drive and was given some lease figures from the dealer and am not sure if it's right or not. It's a '05 LR3 - SE loaded - MSRP of 52,295. They will take the $5k invcentive off and give me the tax credits. They say the residual is 66%  approx. $38k. The discounted price is approx $47k. My payment on a 30mo. w/ 20k miles per year is $899. (remember- no tax) Is that a good deal? I hope someone responds to this quickly. I plan on returning the truck to the dealer this morning...
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Replying to: tie1on (Dec 28, 2005 9:12 am) |
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