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Land Rover LR3 Lease Questions

566 messages,  Last post on Aug 04, 2009 at 9:28 AM

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


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#458 of 566
lease terms for 2007 LR3 HSE by marcz
Aug 22, 2007 (10:54 am)
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Could someone indicate the current Land Rover money factor and residual value on a 2007 LR3 HSE, for a 36-month lease with 15,000 miles per year? Thanks.
#459 of 566
Last of the 07 V8 SE stock ... ?? by maverick8
Aug 23, 2007 (10:03 pm)
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Hi folks, anyone have a view on stock levels? they seem to all over the show in CA. Some dealers listing 20+, others only having the odd one left. I am wondering, for those with significant stock left, what will they do to move them before everyone else is selling 08's?
 
Any thoughts
#460 of 566
Forgot to ask ... how do you get a good MF on Loaners? by maverick8
Aug 23, 2007 (10:08 pm)
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Is there any way in which a comparable MF to the Land Rover Capital promo for new 07's can be matched on loaner 07s? A heavily discounted 07 V8 SE looks great until you realize the new one has a great Residual/MF over 24 Mths.
 
Thanks
#461 of 566
Re: lease terms for 2007 LR3 HSE [marcz] by cboy3
Aug 24, 2007 (5:20 am)
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Replying to: marcz (Aug 22, 2007 10:54 am)

Can't give you the number for 15K. For 12K it is 51% offered by dealer through America Credit. The ALG number is 44% for this vehicle (36 months, 12K), so dealers are goosing the number up to lower payments but your car could be under water when lease is up (if it matters to you). Just got a HSE loaded with trailer hitch, cross bars and rubber mats (no dvd) for $49,500 from invoice of $51,800 and MSRP of about $55,500 to get payments ~$800 before tax.
#462 of 566
Re: Forgot to ask ... how do you get a good MF on Loaners? [maverick8] by british_rover
Aug 24, 2007 (5:29 am)
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Replying to: maverick8 (Aug 23, 2007 10:08 pm)

The programs on new LR3s are the exact same as the programs on loaners. The only catch on the loaners is that you have to pay for however many miles they already have at 15 or 20 cents a mile. A typical loaner is going to have between 5,000 and 6,000 miles so you have to pay for those miles either up front or by building them into the lease payment.
#463 of 566
Re: Forgot to ask ... how do you get a good MF on Loaners? [british_rover] by maverick8
Aug 24, 2007 (9:34 am)
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Replying to: british_rover (Aug 24, 2007 5:29 am)

Cool. So correct me if I am wrong, but a dealer that is willing to discount a loaner with say 5k miles om it can offer .00106 and 64% residual over 24Mths 10.5k per annum but they have to add approx. $1200 (6000 x $0.2) to Cap Cost for the existing mileage?
 
I was under the impression that most dealers 'sold' their loaners to their service dept. and so could not lease them on same LR Cap program as new?? guess I have been misinformed.
 
Thanks for clarification, even though I consider myself far from stupid, the options still confuse.
#464 of 566
Re: Forgot to ask ... how do you get a good MF on Loaners? [maverick8] by british_rover
Aug 24, 2007 (9:55 am)
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Replying to: maverick8 (Aug 24, 2007 9:34 am)

It depends on what kind of service loaner program that the dealership has with Land Rover. Most dealers in our area do not register their cars but just put them out on dealer plates.
#465 of 566
lease terms for 2007 LR3 HSE by marcz
Aug 24, 2007 (10:25 am)
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Thanks cboy3. Car Man, do you have the current Land Rover Capital Group MF and residual for 36 months and 15K miles per year on the 2007 HSE? I appreciate your help.
#466 of 566
Re: Forgot to ask ... how do you get a good MF on Loaners? [british_rover] by maverick8
Aug 24, 2007 (12:59 pm)
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Replying to: british_rover (Aug 24, 2007 9:55 am)

OK thanks. This begs the question "what is your area?" though buuying a vehicle out of state is very difficult for CA residents.
 
Thanks,
#467 of 566
LR3 V8 SE by arik5966
Aug 27, 2007 (9:18 am)
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got the following deal:
 
2007 LR3 SE V8 Buckingham Blue with Alpaca interior, Tech, cold and lighting package.
24 months with 10,500 miles per year
MSRP is $54,500
Capped at $49,110
Montly before TAX $681.95
$1784 due at signing which includes motor vehicle and doc fees as well as sales tax in NY at 8.375%.
The money factor is .00106
resd. 64 lease end value $34,880
The bank fee and first month is waived
 
What do you think is this a good deal

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