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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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#51 of 566
Re: help on LR3 lease [madiscl] by british_rover
Apr 13, 2006 (5:14 pm)
Reply

Replying to: madiscl (Apr 12, 2006 3:16 pm)

You could have done it back in December but the 2005's don't lease out well anymore so you waited too long.
 
You might be able to hit that payment if you pick a 2006 V6 service loaner. They have stronger residuals then the left over 2005's.
#52 of 566
LR3 Lease Offer - Good deal? by pooochie
Apr 13, 2006 (8:25 pm)
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Today, i was offered the following lease on a 2006 LR3 SE with cold climate pkg, lighting pkg,pti, rear seat/climate pkg, and sat radio. MSRP - $51,400...negotiated price - $47,500, Term 24 months, money factor .00174, residual value 73%, 10.5k miles per year. $0 down except for first payment, sec deposit (600), bank fee (595), and taxes (900). Monthly payments are $563.71.
 
Any thoughts? Good deal? Bad Deal? Thanks alot.
#53 of 566
Re: LR3 Lease Offer - Good deal? [pooochie] by jaiswal
Apr 13, 2006 (9:05 pm)
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Replying to: pooochie (Apr 13, 2006 8:25 pm)

I think it is a good deal. Today I was offered the following on a Loaner: 2006 LR3 SE, Java Black with 4,300 miles, Cooler box, Cold Climate, Blue tooth, rearseat/climate pkg. 15k/yr for 2yrs, MSRP 49,750 - 4,250 (discount) $4287 down, $500/month. ( This includes tax, title etc.) I am in NY.
#54 of 566
can someone please tell meif this is a good deal? by geddylee2112
Apr 15, 2006 (12:20 pm)
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2006 LR3 V6, loaner, 2500 miles on it. $1067 down (includes 1st month payment), $500/month, 15K/yr, 30 month lease. Seems like a good deal but not sure. Only extra feature is satellite radio. Thanks in advance, please respons ASAP.
#55 of 566
Re: can someone please tell meif this is a good deal? [geddylee2112] by jaiswal
Apr 17, 2006 (7:32 pm)
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Replying to: geddylee2112 (Apr 15, 2006 12:20 pm)

Latest on what I was offered today:
2006 V6 LR3 Loaner car Silver/Alpaca Cooler Box, Cold Climate Pkg, Rear Seats and Rear Climate Control, Blue Tooth, Lighting Pkg and Rear Park Distance Control MSRP $50500 ...This will have about 5k miles on it.
24 months/10,500 miles per year/ $498 per month/ $2788 total due at signing ( these include 7.375% ny tax, $262.50 dmv fee, $595 bank fee, refundable security deposit and first month payment)
 
Also, here is what I was offered on Loaner SEs:
2006 LR3 Se7 Black/Black v8 Cooler Box,Cold Climate Pkg, Blue tooth, Rear Seat and Rear Climate Control MSRP $49750 selling price $43875 Loaner car about 5k miles on it
15k miles per year/$510 per month with $2846 total due at signing (includes NY taxes)
 
2006 LR3 SE7 v8 Silver/ ALpaca with Cold Climate Pkg, Lighting Pkg with Rear Park distance control, Blue Tooth and Rear Seat Pkg with Rear Climate Control MSRP $50500 selling price is $45269 loaner car also with about 5k miles. 24 months/ 15k miles per year/ $519 per month with $2870 due at signing or
24 months/ 15k miles per year/ $499 per month with $3325 due at signing.
 
Hope this helps
#56 of 566
Re: can someone please tell meif this is a good deal? [jaiswal] by british_rover
Apr 18, 2006 (10:40 am)
Reply

Replying to: jaiswal (Apr 17, 2006 7:32 pm)

V6 LR3's cannot be had with the lighting package or Park Distance control so that must be a V8.
#57 of 566
good deal? by madiscl
Apr 18, 2006 (11:36 am)
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this is the deal i am currently mulling over:
 
2006 LR3 V6 demo. MSRP $43k, negotiated price of $39,900, $2900 down (trade-in equity & cash) to be applied to first month payment, security deposit, doc. & processing fees. 24 mo. lease, 12k miles/yr., 69% residual and money factor of .00097. monthly payment just above $500. does this all seem reasonable?
#58 of 566
Current Lease Programs by qpmicro
Apr 21, 2006 (2:42 pm)
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I was recently offered an '06 HSE with an MSRP of $55,450, selling price of $51,950; 24 month lease (74% residual, 10,500 miles) with $5,500 buy-down plus first month payment for $459.00. Is this a solid deal?
 
I would look to put down less than the $5,500 plus I have to roll in about $3K in payments on a lease I want to give up. So I'm looking for a payment in the mid-$600
#59 of 566
Re: Current Lease Programs [qpmicro] by geddylee2112
Apr 23, 2006 (1:23 pm)
Reply

Replying to: qpmicro (Apr 21, 2006 2:42 pm)

this is what i ended up purchasing..
 
06 LR3 SE, V8, bluetooth, satellite radio, sunroof, 6 disc changer, loaner car with 2900 miles.
 
with GA taxes, $555/month, $1067 down, 15k/yr, 30 month lease.
 
not that it matters, but was this a good deal or not? thanks in advance.
#60 of 566
Re: Lease Rates [patrick18] by Car_man HOST
Apr 30, 2006 (7:52 am)
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Replying to: patrick18 (Apr 10, 2006 2:29 pm)

Hi patrick18. A base 2006 Land Rover LR3 SE has a spread of over $4,000 between its full MSRP and dealer invoice prices. You are only being given a discount of $1,500 on the specific truck that you are considering. I suspect that you will be able to negotiate a better price than this if you are in an area where there is a decent level of competition. 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".
 
When you arrive at a more attractive selling price, make sure the dealer that you are working with uses Land Rover's "buy rate" lease money factor to calculate your truck's lease payment. Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of an '06 LR3 SE7 V6 with 10,500 miles per year are .00098 and 70%, respectively.
 
Car_man
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