Land Rover LR3 Lease Questions

569 messages,  Last post on Aug 06, 2010 at 3:34 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#240 of 569 Re: 2007 HSE lease question [markd3] by Car_man HOST

Dec 10, 2006 (6:52 am)

Replying to: markd3 (Nov 19, 2006 7:38 pm)
Hi Mark. Don't worry about posting your message again. At the time I had not seen this truck's lease program, but now I have. Land Rover Capital Group's current 36 month buy rate lease money factor and residual value for a lease of a 2007 Land Rover LR3 HSE with 15,000 miles per year are .00343 and 55%, respectively. The numbers for an otherwise identical 48 month lease are .00349 and 54%, respectively. Edmunds.com now has the pricing data that you are interested in. Click on the following link to check it out: Edmunds.com - 2007 Land Rover Pricing Page. Let me know if you have any other questions.
 
Car_man
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Prices Paid Forum

#241 of 569 Re: Schutzhund1 [socaljagrover] by Car_man HOST

Dec 10, 2006 (6:54 am)

Replying to: socaljagrover (Nov 20, 2006 9:50 am)
Thanks for the info, socaljagrover. I'm not surprised that there are independent banks out there that have better lease programs than Land Rover Capital Group does right now. LRCG's current program for 2007 Land Rovers is not very attractive.
 
Car_man
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Prices Paid Forum

#242 of 569 Re: I am being offered a Lr3 loaner [audiavant1] by Car_man HOST

Dec 10, 2006 (6:59 am)

Replying to: audiavant1 (Dec 01, 2006 2:50 pm)
Hi audiavant1. I assume that the demo LR3 that you are interested in is a 2006 model. If so, Land Rover has cash incentives on it right now. Unfortunately, I am only aware of a $1,000 cash incentive on leases of this truck. The $6,000 dealer cash that is available on leftover 2006 LR3s is not compatible with Land Rover's special lease program. An $8,500 discount is a good price for a lease of a demo with 6,000 miles on it through Land Rover Capital Group, but if I was financing it, paying cash for it, or leasing it through an independent bank I would want a larger discount than this.
 
Car_man
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Prices Paid Forum

#243 of 569 Re: '06 LR3 HSE Lease Offer [granttn] by Car_man HOST

Dec 10, 2006 (7:20 am)

Replying to: granttn (Dec 02, 2006 7:38 pm)
Hi granttn. A base 2006 Land Rover LR3 HSE has a spread of around $4,770 between its full MSRP and dealer invoice price. You were quoted a discount of $2,890 on the specific truck that you are interested in. I am not intimately familiar with what the market is like for this truck right now, but given the fact that they 2007 models have started to arrive at dealers I believe that there may still be some room to play there. It wouldn't hurt to try to haggle a little more with this dealership or to comparison shop with another dealer or two. Also, make sure to stop by the following discussion to see how much other community members have paid for similar trucks lately: "Land Rover LR3: Prices Paid & Buying Experiences".
 
Car_man
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Prices Paid Forum

#244 of 569 Re: 2007 HSE lease question [Car_man] by markd3

Dec 10, 2006 (2:05 pm)

Replying to: Car_man (Dec 10, 2006 6:52 am)
Car Man,
 
Thank you for your response. Can you give me some idea of what you think about these numbers - i.e. how do the money factor and residual value compare with the 2006 lease numbers?
 
Mark

#245 of 569 Re: I am being offered a Lr3 loaner [Car_man] by mrresearch

Dec 10, 2006 (3:12 pm)

Replying to: Car_man (Dec 10, 2006 6:59 am)
Hi Car_man, do you know the tier 0 (highest fico) money factor and residual for a 2006 LR3 V8 SE with 12k for 30 months? And how it differs from the "special lease program"?
 
Thanks

#246 of 569 Re: This money factor is crazy of what? [nikolaya] by mac125

Dec 11, 2006 (11:14 am)

Replying to: nikolaya (Dec 06, 2006 6:03 pm)
Nikolaya:
What dealership did you get this deal from? I'm having a tough time getting this low of a price for a lease. Please help!
 
Thanks!

#247 of 569 Re: This money factor is crazy of what? [mac125] by nikolaya

Dec 11, 2006 (12:27 pm)

Replying to: mac125 (Dec 11, 2006 11:14 am)
I got mine from dealership in NJ...they have no more left...but I know they have a black V6 in Paterson NJ and also they have V6 in Woodbridge NJ...ALL DEALERSHIPS SHOULD BE ABLE TO HAVE ACCESS TO THE SAME REBATES...

#248 of 569 Re: Need advice/first time leasing a car [Car_man] by mac125

Dec 16, 2006 (10:58 am)

Replying to: Car_man (Dec 10, 2006 6:16 am)
Dear Car_Man:
Thanks for all the info on this website. I have been negotiating to lease a new '06 LR3 V8 SE loaded with a cooler box, cold climate, heavy duty package, lighting package, rear parking, navagation, rear seats with climate package, bluetooth, satellite and lojack. The MSRP is $55,500 and the invoice is $50,840.
I am being offered the following:
 
Sales Price: $51,275
Cash Decapitalization: $5,000 (From a trade in)
Net CAP Cost: $46,275
Residual: $35,701
Payment: $483 + tax= $523 a month
30 month lease
10,500 miles ($20 a month more for 12,000 miles)
Money Factor: .0016
Residual: 65%
$0 Security Depsoit and $1500 off the total of 1st month's payment, doc fee & licensing.
 
Your thoughts please?

#249 of 569 06 LR3 SE V8 Lease Question by maytal

Dec 18, 2006 (8:40 am)

Hi,
 
I am being offered the following lease in Los Angeles for a brand new '06 LR3 SE V8 with 3rd row seat and satellite radio and 12000 on a 30 month lease.
 
The sticker price is $48,400 and I am being offered a lease for $399 including taxes, $370 before taxes and $4500 down payment out the door.
 
I know the residual is 67% and I think the sticker price on the vehicle he's giving me is between $43 - $44K.
 
I feel like this is a good deal, since my goal was to reduce the monthly payment and I think $370 is a good price.
 
I would appreciate any advice you have to offer.
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