569 messages,
Last post on Aug 06, 2010 at 3:34 AM
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Land Rover LR3, Car Leasing, SUV
#270 of 569 Re: 2006 LR3 V8 SE [jsandova]
by Car_man HOST
Jan 16, 2007 (10:16 am)
Hi jsandova. Let me get this straight, the dealer that you spoke with didn't want to provide you with any discount off of a 2006 Land Rover LR3's MSRP? If so you were right to walk away from this deal. Don't worry about the incentive program expiring either. Land Rover is still providing lease support on the 2006 LR3 in January. In fact, it introduced $3,725 lease cash on the 2006 LR3 V8 SE this month. This cash will help you to negotiate an attractive capitalized cost for your lease. If this dealer is still not willing to provide you with a discount on this truck, try shopping around with another dealer or two.
Car_man
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#271 of 569 Re: Help Car_man HSE LEASE QUESTIONS [sparch]
by Car_man HOST
Jan 17, 2007 (3:35 am)
You're very welcome, sparch.
Car_man
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#272 of 569 Re: New LR3 promotions [bigsexcg]
by Car_man HOST
Jan 17, 2007 (3:38 am)
Hi bigsexcg. Land Rover extended the $6,000 dealer cash that it has been providing on the 2006 LR3 through April 4th. It still has a special lease program on this truck, but its month factors and residual values are different. Plus, it introduced new lease cash on select models. Specifically, it is now providing $3,725 on '06 LR3 V8 SE, $3,650 on LR3 V8 HSE, and $1,000 on LR3 V6 models. It is also waiving lessees first month's lease payments on V6 models.
Car_man
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#273 of 569 Re: january captive lease rates [lsleelee]
by Car_man HOST
Jan 17, 2007 (3:39 am)
Hi lsleelee. These trucks' lease programs vary by trim level, term, and mileage allowance. I would be happy to give you an idea of what these trucks' current programs are like if you provide me with this information.
Car_man
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#274 of 569 Re: New LR3 promotions [Car_man]
by 1stlexus
Jan 17, 2007 (11:08 am)
Car_Man -
I had no idea there are such great deals on left over '06 LR3s. So if I'm looking at a HSE with a msrp of $56k, what type of discounts are available? Is the $6k dealer cash, $3,650 in lease cash and this mysterious $1,500 certificate available for a total discount (before negotiating) of $11,150? What is the most advantagous lease terms right now for 15k/year? 24, 30 or 36 months? Please provide residual and money factor information.
Thanks!
#275 of 569 Re: january captive lease rates [Car_man]
by lsleelee
Jan 17, 2007 (10:34 pm)
LR3 V8 SE & V8 HSE, Range Rover Sport HSE & Supercharged, all for 36mo/12000K. Thanks.
Also, do you know if Land Rover dealers are limited to a maximum MF markup like, say, BMW?
#276 of 569 New LR3 promo's
by bgsntth
Jan 18, 2007 (9:44 am)
1stLexus,
The $6K can only be applied to a purchase, not a lease-I believe. You can combine the lease cash and $1500 certificate to bring the cap cost down. My deal is above, but I think the residuals and money factor have changed.
So did your GX470's lease end? Mine did.
#277 of 569 Re: Is this a decent Lease Deal [Car_man]
by dfarnsworth
Jan 18, 2007 (10:46 am)
Car Man,
I just received a quote on 2006 LR3 HS V8 (with moonroof, and cold weather pacjage, and satelite radio). Pleas elet me know if it's a good deal. Here a re the numbers:
MSRP: 50,000
Dealer Cash: 4,000
My cash contribution: 4000
Cap cost: 42,650
Lease term: 24 mos
Resid %: 65%
Money factor: .00045
residual value at lease end: 32,500
Monthly lease quoted (inldudes all taxes and fees): $385.19
What do you think???
#278 of 569 Re: New LR3 promo's [bgsntth]
by 1stlexus
Jan 18, 2007 (2:20 pm)
bgsntth - Thanks for the information. That is what I was afraid of. Negotiating with area dealers for the best deal on a left over '06.
Sold the GX about a year ago on ebay (would buy another in a second if they made the second row of seats pass through to the third row (no idea why SUV makers don't provide this option)).
Anyways, bought a Odyssey Touring last year, but wife doesn't like a minivan. We rented a LR3 while on vacation last month and really liked the setup as the third row is useable on a daily basis for our 3 kids. LR3 is the only SUV which offers this functionality that we have found and the only real alt to a minivan. Given how frequently we seem to trade cars, no interest in buying but would rather lease to avoid the resale/trade hassle. Trying to find a third party lessor that has respectible residuals and mf so I can still use the LR $6k dealer cash rather than the $3.6k lease cash.
#279 of 569 Re: Is this a decent Lease Deal [dfarnsworth]
by bgsntth
Jan 19, 2007 (10:35 am)
Is this an SE or HSE? How many miles per year? My residual for 30month/10.5K is 68%, so yours seems low if it is an SE or the same miles. LRNA extended the terms I bought mine under: zero drive-off/599 per month, which goes down to $548 when you apply the $1500 certificate. This is for an V8 SE w/ every option except navigation.