- #406 of 526
-
Re: lr3 lease [bethr]
by Car_man HOST
-
Jun 19, 2007 (3:37 am)
-
|
|
Replying to: bethr (May 17, 2007 8:28 pm)
Thanks for the additional information, Beth. OK, so you are interested in leasing an '07 LR3 V8 SE that has an MSRP of $56,100 and a selling price of $52,800. After backing out the $1,730 lease cash that is currently available on this truck, you are getting a dealer discount of around $1,570. This does not strike me as much of a discount on a truck that probably has a spread of nearly $5,000 between its full MSRP and its selling price. I personally would shoot for a lower selling price than this. 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
Host
Prices Paid Forum
|
- #407 of 526
-
Re: carman - need help fast [notanother]
by Car_man HOST
-
Jun 19, 2007 (3:47 am)
-
|
|
Replying to: notanother (May 22, 2007 4:04 pm)
Hello notanother. The money factor that you were quoted is right in line with Land Rover Capital Group's current buy rate for a 24 month lease of an '07 Land Rover LR3 SE V8 7 passenger. This is a good thing because it means that the dealer you are working with is not trying to mark your truck's factor up to add additional hidden, back-end profit to your deal. The selling price that you were quoted for this truck looks good to me. The two main profit centers for dealers look good. If you like the truck, I personally don't see any reason not to go for it.
Car_man
Host
Prices Paid Forum
|
- #408 of 526
-
Re: Good? [tryingtobuyone]
by Car_man HOST
-
Jun 19, 2007 (3:54 am)
-
|
|
Replying to: tryingtobuyone (May 24, 2007 8:09 pm)
Hi tryingtobuyone. This truck has a spread of around $5,000 between its full MSRP and its dealer invoice price. Plus Land Rover is providing $2,130 lease cash on it (that certainly is an odd number). This gives you a total of just over $7,000 to play with. It looks like you are being given an $8,725 discount on this truck, which is a very good price. Make sure that the dealer that you are working with uses Land Rover Capital Group's current 24 month buy rate lease money factor of .00153 to calculate your monthly payment and you're in business.
Car_man
Host
Prices Paid Forum
|
- #409 of 526
-
Re: is this a good lease deal? [jwgmd]
by Car_man HOST
-
Jun 19, 2007 (4:01 am)
-
|
|
Replying to: jwgmd (Jun 18, 2007 9:16 am)
Hi jwgmd. It's great that you know both the MSRP and dealer invoice price of the truck that you are considering leasing. Do you know what its selling price is as well? Are you getting it at invoice? As far as this model's incentives go, Land Rover is currently providing $1,730 lease cash on '07 LR3 V8 SE and $595 lease cash plus the waiver of one's first payment on '07 LR3 V6 SE models.
Car_man
Host
Prices Paid Forum
|
- #410 of 526
-
Re: lr3 [bethr]
by timslr2
-
Jun 19, 2007 (5:41 am)
-
|
|
Replying to: bethr (Jun 18, 2007 3:09 pm)
This is legitimate. It is the LR dealership in Alexandria, Va. I asked about the coupon and they said they would honor it too. My information is the ad they have on the website, plus conversations with the Internet Sales Manager (who happens to be the owner's daughter).
Check it out . . . there are, though, only 6 or so that are being offered.
|
- #411 of 526
-
Re: lr3 lease [Car_man]
by british_rover
-
Jun 19, 2007 (6:02 am)
-
|
|
Replying to: Car_man (Jun 19, 2007 3:37 am)
You can't back the lease cash out of the deal that way on LRCG leases.
The lease cash must be used as cap cost reduction and/or to pay inception fees.
She is 1,400 or so above invoice right now which would be a very good deal in my market.
|
- #412 of 526
-
lr3
by bethr
-
Jun 19, 2007 (6:08 am)
-
|
|
the car was 56,050 he sold it to us for 51,050 plus we used the 1500. certificate- 24 x 551 includung tax
|
- #413 of 526
-
Re: is this a good lease deal? [Car_man]
by jwgmd
-
Jun 19, 2007 (8:16 am)
-
|
|
Replying to: Car_man (Jun 19, 2007 4:01 am)
I'm not sure what the buying price is but I think it's 45937 (invoice). the cash incentives are added to the amount we're putting down so the monthly payment is 289 including tax. should we be trying to get a better deal? it sound like we're just getting what the LAnd Rover is offering and not much more.
|
- #414 of 526
-
Re: is this a good lease deal? [Car_man]
by jwgmd
-
Jun 19, 2007 (8:30 am)
-
|
|
Replying to: Car_man (Jun 19, 2007 4:01 am)
THis is all the information I have
MSRP 49850
Invoice 45937
residual 33898
money factor 0.00188
monthly 289 (includes tax), 10.5 K miles
total down 5897
including floormats and getting it in Black.
We're in Los angeles. I'm hoping to make this deal in the next few days. DO you think there is room to deal? Dealership doesn't seem to be budging much.
I would appreciate your input. 
|
- #415 of 526
-
lr3
by bethr
-
Jun 19, 2007 (9:09 am)
-
|
|
it is a good price
|
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 
