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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
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Replying to: trimarc (Oct 17, 2007 9:35 am) In short, the best way to get a good deal on a lease is to negotiate as low a selling price as possible on the vehicle that you are interested in and then have the dealer that gives you that price calculate its monthly payment using its buy rate lease money factor. I would be happy to work up a sample lease payment on the LR3 that you are interested in if you provide me with its full MSRP, approximate selling price, how long you want to lease for, and what mileage allowance you need. You can look up this truck's MSRP and dealer invoice price by visiting the New Vehicle Pricing section of Edmunds.com. You may be able to get an idea of how much you will have to pay for this truck by visiting the "Land Rover LR3 Prices Paid and Buying Experiences" discussion. Let me know what this information is and I'll crunch some numbers for you. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: ysauto (Oct 19, 2007 7:13 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Do you think it is a good deal, or wait till Dec. or later 2008 Land Rover LR3 SE $579 per mo 24 mos $3,295.00 down payment $595.00 acquisition fee $0.00 security deposit due 10,500 miles per year $4,469.00 total due at signing MSRP $50,600.00 Auto, 4WD, 8 cyl, 4 dr, a/c, pwr win/lcks/mir/sts/str/brks, leather heated seats, AM/FM/CD, dual & side airbags, moonroof, traction, cruise, alloys, ABS, alarm, rear wiper, rear defrost, keyless. --------------------------------------------------------------------------------- '08 LR3: $579 x 24 = $13,896 total pymnts. Inception incl 1st mo pymnt $579, Down pymnt $3295, Acq fee $595, Sec dep $0. MSRP $50,600. Residual $33,396. Stk# 85166. Vin# 8A449243. All lease/prices incl all costs paid by consumer except tax and MV fees. Lessee resp for insurance. Subj to credit appr by prim lender. Severity of credit may effect down pymnt. Lease incl 10.5k miles/yr 25¢ over. Pic for body style only, actual eqpmt may vary. Offers cannot be combined. Residency restrictions may apply. See dealer for details. Not resp for typos. Offer ends 11/30/07. Land Rover Larchmont Lic# 7089260
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First time poster, I want to lease a 2007 LR3SE with Cold Climate, Headlights, bluetooth and Sirius, for 24 months and 12k per year. I have been quoted $4,000 out of pocket, and $640 inclusive of (NJ) taxes per month. Is this a good deal? Which may be a better dealer in the Philadelphia area, as they had quite an attitude? Thanks, because I would like to get back into a Land Rover, having once owned a (trouble free!) Disco and an older (troublesome) RR.
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Replying to: robinakirk (Dec 08, 2007 4:01 pm) |
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I am intrigued by the large depreciation deduction which you can take on vehicles on the class of LR3 if you are a small business owner. However, I prefer not to keep vehicles outside their warranty period and like leases since you do not have any residual value risk. LRCapital seems to offer a balloon payment program. Is this structured exactly like a lease in terms of residuals and the interest rates? I presume this will allow me to depreciate the vehicle as if we own it and not just the lease payments. Is this program available in all states? |
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My 06 LR3 HSE lease matures in 4 months with Land Rover Capital and I am considering purchasing the vehicle, but my residual is almost $39K and the current market value is considerably less than that. I only have 16K miles on the truck and it has had very few problems. Does anyone know if LR Capital will negotiate residual values? The truck is only worth about $33K at the most. I have heard some leasing companies will negotiate residuals. Is this something the dealer would have control over? Thanks for any info.
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Replying to: jjf030 (Dec 24, 2007 7:39 pm) If someone with good knowledge can respond here that would be great.
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Replying to: ssp1 (Dec 25, 2007 11:13 am)
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Replying to: ysauto (Nov 30, 2007 7:52 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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