Last post on Aug 06, 2010 at 2:34 AM
You are in the Prices Paid - Buying & Leasing Experiences
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Land Rover LR3, Car Leasing, SUV
#313 of 569 Re: january captive lease rates [lsleelee]
Feb 10, 2007 (11:23 am)
Hey lsleelee. Here's the information that you're looking for. Land Rover Capital Group's current buy rate lease money factor and residual value for a 36 month lease of a 2007 Land Rover LR3 V8 SE with 12,000 miles per year are .00281 and 57%, respectively. The numbers for an otherwise identical lease of a 2007 LR3 V8 HSE are .00279 and 56%. I suspect that there is a maximum amount that Land Rover dealers are allowed to mark LRCG's money factors up, but I don't know what the limit is. Now that you know what these truck's buy rates are, there's a good chance that you will be able to convince a dealer to lease you one without any markup.
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#314 of 569 LRA Cost!
Feb 12, 2007 (10:27 pm)
I'm interested to lease a LR3SE 2006. Can anybody explain me what exactly the LRA means and why is always equal to $3725? And also who is offering th $1500 certificate? I have not seen this discount in any special.
Thanks for all your help,
#315 of 569 Leasing 05' LR3's
Feb 19, 2007 (3:31 pm)
After going in to the West Palm Beach Rover dealership, they mentioned in a conversation that they could lease 05's that already had 10-15k miles on them for $2000 down and $360/mo out the door (because of the resdiduals being lower already). If I did a 24mo lease w/ 1000 miles/mo, I would still have the warranty for the entire term. Is this a bad idea for any reason?
#316 of 569 LR3 Lease question
Feb 23, 2007 (11:10 am)
I am looking to lease a 2006 LR3 SE V8 7 passenger.
The advertised price is $44,900 (service loaner).
Has Nav system, Cold Climate pkg., Towing pkg. Has 6100 miles.
I want to do a 36 month lease 15K miles/yr. What are the numbers I should expect (without the $3,725 and the $1,500 - I have a refer a friend $1,500 rebate) for MF and residual, as well as Adj. Cap. Cost.
Can I still use the $3,725 as this is a service loaner or should I expect to try and discount the truck for the miles that are on it from this past year?
Any suggestions to get the best deal possible?
#317 of 569 Re: Leasing 05' LR3's [vidaman]
Mar 01, 2007 (3:10 am)
Hi vidaman. There's nothing wrong with leasing used vehicles, other than the fact that they often aren't as much less expensive than new vehicles as one would think. If Land Rover is running a special lease program on 2005 Certified Pre-Owned LR3s that make them significantly less expensive to lease than a similar 2006 or 2007 model would be, go for it. Just make sure to compare the payment to the used truck that you are considering to the payment for a similar new one before committing to anything.
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#318 of 569 Re: LR3 Lease question [dmeads]
Mar 01, 2007 (3:19 am)
Hi dmeads. Land Rover Capital Group's current 36 month, 15,000 mile per year buy rate lease money factor and residual value for the 2007 LR3 SE V8 7 Passenger are .00281 and 55%, respectively. Your capitalized cost for your lease will be whatever selling price you are able to negotiate minus any available cash incentives and minus any sort of down payment you choose to make (ideally this should be zero). So if you were to use the advertised price as your selling price, this truck's capitalized cost would be $44,900 - $3,725 - $1,500 = $39,675. As long as this vehicle was never titled and is still technically considered to be a new vehicle, which service loaners usually are, it would qualify for any of Land Rover's new vehicle incentives. Make sure that you are getting an additional discount for the miles that this truck has on it. I personally usually find that dealers are not willing to discount demo vehicles enough for me to justify purchasing one over an equivalent brand new vehicle.
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Mar 05, 2007 (12:39 pm)
Car_Man: Could you please provide the MF and residual on the 2007 LR3 V6. Assuming 15,000 miles annually and a 36 month therm. Thank you.
#320 of 569 My deal on a 2006
Mar 05, 2007 (4:05 pm)
Since I know I got a lot of info from this site, I just wanted to contribute info about the deal I finally got at Land Rover Mission Viejo:
2006 SE with rear seat package and satellite radio and added center console cooler box
Dealer Discount: 1900
LRNA Lease Cash: 3750
Customer Loyalty Rebate: 1500
Net Cap Cost: 41,400
Money Factor: .00045
Residual Value based on 24mo/15,000: 62%
I put down only 1st month's lease payment plus DMV/bank fees: 1400
Monthly payment: $546
All in all, not a bad deal. They still have a couple if anyone is interested and lives in Southern California. I would just caution you to double check all their numbers before signing your contract, as they were not all that organized when it came to explaining the numbers. Other than that, they have been very helpful. Hope this helps someone.
#321 of 569 Lease a loaded LR3 HSE
Mar 08, 2007 (2:10 pm)
Hello Car Man
I am looking at a 2006 Lr3 HSE loaded with everything including Heavy duty package. MSRP is 56,875. They will discount it to 50,725 including the 3650 lease cash. The term is 24 months, 19500 miles per year. Residual is at 56%. zero down. the payment is 898.77 including our 9% PA tax. Is this a decent deal? Thanks in advance.
#322 of 569 What about leasing deals on 2007 models?
Mar 12, 2007 (8:26 am)
I wanted to find out if there are any good deals on the 2007 models in and around NYC area.