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Land Rover LR3 Lease Questions

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

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#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)
Reply

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)
Reply

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
#468 of 566
Re: is this a good lease deal? [maverick8] by Car_man HOST
Sep 05, 2007 (1:55 am)
Reply

Replying to: maverick8 (Aug 03, 2007 2:15 pm)

Here's the info that you're looking for, maverick8. Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Land Rover LR3 SE V8 with 10,500 miles per year are .00106 and 64%, respectively. The numbers for an otherwise identical 36 month lease are .00195 and 55%. When negotiating your lease on this truck, make sure to take advantage of the $1,730 lease cash that Land Rover is currently providing on it.
 
I am not sure what the availability of '07 LR3s is like in your area, but the '08 models have been out there for a while now so I suspect that the supply leftover trucks is getting a little thin.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#469 of 566
Re: lease terms for 2007 LR3 HSE [marcz] by Car_man HOST
Sep 05, 2007 (1:58 am)
Reply

Replying to: marcz (Aug 22, 2007 10:54 am)

Here's the information that you're looking for, marcz. According to the latest information that I have seen, 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 HSE with 15,000 miles per year are .00170 and 50%, respectively. When negotiating your lease on this truck, make sure to take advantage of the $2,130 lease cash that Land Rover is providing on it. Good luck in your negotiations.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#470 of 566
Re: lease terms for 2007 LR3 HSE [marcz] by Car_man HOST
Sep 05, 2007 (2:00 am)
Reply

Replying to: marcz (Aug 24, 2007 10:25 am)

Hey marcz, I just responded to your earlier post. Please check my last post for the information that you're looking for. Let me know if you have any other questions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#471 of 566
Re: LR3 V8 SE [arik5966] by Car_man HOST
Sep 05, 2007 (2:07 am)
Reply

Replying to: arik5966 (Aug 27, 2007 9:18 am)

Hi arik5966. The money factor and residual value that you were quoted are right in line with Land Rover Capital Group's current program for this model. This is a good thing because it means that the dealer you are working with is being very straightforward with you about this aspect of your deal.
 
Let's take a look at the selling price that you were quoted. According to the latest information that I have seen, Land Rover is currently providing $1,730 lease cash on the 2007 LR3 V8 SE. Plus there is a spread of around $4,800 between its full MSRP and its dealer invoice price. That gives you a total of around $6,500 to play with in your negotiations. You were quoted a discount of around $5,400 on the specific unit that you want. That probably puts you at around $1,100 or so over invoice, which isn't bad. You definitely should stop by the following discussion though 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: Buying & Leasing Experiences Forum
#472 of 566
2007 LR3 SE V8 by jeffsauls
Oct 04, 2007 (5:17 am)
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Car_man:
 
Do you have information on Land Rover Capital Group's fourth quarter programs, specifically residual values and money factors on a 2007 LR3 SE V8 at 12 and 15k miles per year? Also, if you have info on any available lease cash that would be very helpful.

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