- #283 of 526
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Re: Trade for a broken Freelander [h2oleo]
by dfarnsworth
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Jan 21, 2007 (11:57 am)
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Replying to: h2oleo (Jan 21, 2007 12:08 am)
HI. See may earlier message from Friday on HS 7 V* LR3 lease. I believe you are paying way too much. Between lease cash from LRA and dealer cash, you should at least be able to get $7-$8,000 off MSRP. I recently negotatied two leases for this vehicle ( I went to another dealer when I was not satisfied with the 1st). You should be able to negotiate a capitailized reduction cost (which includes all dealer cash and LRA incentives) around $42,000. If you cannot get with a $1000 of this, then your dealer is holding back. The $3,000+ they said would cover all your taxes and fees is B.S. Sure a portion of it will, but not all. I was given a purchase price of $41,000 for the $49,000 msrp model and $42,500 for the $51,000 msrp model. MY final cap cost, which included a $3,000 contribution from me, was $39,500 (original msrp was $51,400). My 24 month lease price with all taxes and fees is $385.
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- #284 of 526
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Re: Trade for a broken Freelander [jcwcali]
by h2oleo
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Jan 21, 2007 (4:49 pm)
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Replying to: jcwcali (Jan 21, 2007 6:52 am)
Thanks for both of your replies. It looks like the $599 lease deal in still in effect until 4/3/07. Unfortunately, there are none left with all of those options. One dealer just told me that to honor that deal, they would put me in an SE7 with sat, but no cold climate or Lighting Package, and I'd still pay $599. Unbelievable.
I plan to try once more to negotiate the price, and if that doesn't work, unfortunately I think I have to go to the BBB for the Freelander issue. The San Diego dealership has truly been a disappointment.
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- #285 of 526
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Re: Trade for a broken Freelander [h2oleo]
by jcwcali
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Jan 21, 2007 (6:47 pm)
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Replying to: h2oleo (Jan 21, 2007 4:49 pm)
the $385 lease sounds to good to be true
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- #286 of 526
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Re: Trade for a broken Freelander [jcwcali]
by jacebc
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Jan 21, 2007 (9:28 pm)
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Replying to: jcwcali (Jan 21, 2007 6:47 pm)
I'd love to get the details of the $385 lease too!
I was quoted $599 for a dealer demo- $0 down, 24 months, 15k miles a year w/ taxes.
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- #287 of 526
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Re: Trade for a broken Freelander [jacebc]
by dfarnsworth
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Jan 22, 2007 (8:41 am)
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Replying to: jacebc (Jan 21, 2007 9:28 pm)
Hi, I'm the one with the $385 lease deal. Actually, now it's $389 due to changing from Green to Black (which Land Rover charges an additional $400 for).
So here are the terms:
MSRP: 51,000 (although window sticker reads 51,400, the $51k number is what the dealer is using)
Selling price before LRA cash: $46,250
LRA contribution: 3,725
My contribution to cap cost reduction: $3,000
Final cap cost reduction price: $39,725
Money factor: .00045
Residual percentage: 67%
Residual value at lease end: 33,500
Total monthly lease payment (includes taxes, fees, etc): $389
When I plug these numbers into the Edmunds lease calculator, it shoiws monthly payment should be even less. Regardless, I could not find any better numbers that come close to this deal (and I looked at Volvo XC90 V8 and Honda Pilot EX).
Welcome comments. Hopefully you can match this or do better. Good luck
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- #288 of 526
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january captive lease rates
by lsleelee
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Jan 22, 2007 (4:27 pm)
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Can someone post the rate/residuals for 07 LR3 SE & HSE?
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- #289 of 526
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Re: Trade for a broken Freelander [dfarnsworth]
by jacebc
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Jan 22, 2007 (6:36 pm)
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Replying to: dfarnsworth (Jan 22, 2007 8:41 am)
What a deal!!
This is a 2006? What are the terms and mileage? Where in the heck is this?
THanks!
/Jason
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- #290 of 526
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Re: Trade for a broken Freelander [jacebc]
by dfarnsworth
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Jan 23, 2007 (3:14 pm)
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Replying to: jacebc (Jan 22, 2007 6:36 pm)
HI. This is a dealer in the Pittsburgh area. My terms have been posted a couple of times in last few days (just follow lr3 lease questions section between jan 20 and today and you should find them). If you have trouble finding them, let me know. This is a 24 month lease for SE 7 V8 10.5k miles/year. This model is black/black and has msrp of 51,500. Money factor was .00045. Residual % was 65%. My cash ocntribution was $3,000. Total monthly payment with all taxes, fees etc is $389.
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- #291 of 526
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Re: Trade for a broken Freelander [jacebc]
by dfarnsworth
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Jan 23, 2007 (3:14 pm)
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Replying to: jacebc (Jan 22, 2007 6:36 pm)
And yes, this is a 2006 model.
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- #292 of 526
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Re: Trade for a broken Freelander [dfarnsworth]
by jacebc
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Jan 23, 2007 (4:23 pm)
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Replying to: dfarnsworth (Jan 23, 2007 3:14 pm)
Thanks! I think I need a trip to Pittsburg!
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