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Land Rover LR3 Lease Questions

529 messages,  Last post on Aug 26, 2008 at 9:50 PM

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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#511 of 529
Re: Leasing need quick advice [squealpigs] by haveblue
Apr 11, 2008 (5:29 pm)
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Replying to: squealpigs (Apr 11, 2008 3:45 pm)

I'm in VA and just got two quotes today on an HSE w/ Lux. Both leases were for 36month w 12k miles per year and only the 1st months payment due at signing. No trade-in involved yet. Something doesn't add up so I'm investigating further.
 
Deal #1
54.1k sales price and lease for $796/month
 
Deal #2
51.3k sales price and lease for $826/month
 
I think deal #2 is trying to make up the difference by charging me more interest but I didn't get the money factors out of either dealer. I have a leasing agent in TX that has done leases for me before through US Bank (apparently US Bank is starting to do LR leases for LR Dealers too)
 
Both would prefer to sell me something out of their stock but I want a color that neither has in stock so both are willing to find me a truck.
 
I won't know anything more until tomorrow at least. Let me know what you decide. I'll post what I find out.
#512 of 529
Re: Leasing need quick advice [haveblue] by squealpigs
Apr 12, 2008 (6:15 am)
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Replying to: haveblue (Apr 11, 2008 5:29 pm)

Well you have to figure I am trading in a vehicle at $6200, that would be an extra $100/month to my bill. A few questions I am asking are.
 
1-Is there a mileage charge at buyout, if not I want it in writing.
 
2-Does the leasing company charge ANY fees for oving out of state, in writing.
 
3-There is a $400 disposition fee if you do not purchase the vehicle, is there one if you do. In writing again.
 
This link was helpful http://www.carbuyingtips.com/lease5.htm
#513 of 529
Re: Leasing need quick advice [squealpigs] by haveblue
Apr 12, 2008 (6:07 pm)
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Replying to: squealpigs (Apr 12, 2008 6:15 am)

I talked to a friend last night who is not involved with this deal but he is a a leasing agent and he writes leases for US Bank. When he plugged in the numbers I gave him he said that he could not match them even if he charged me nothing for his services. He's a nice guy but not my brother or anything. So now we are both curious. I'm going to contact both dealerships early this week to see if I can get the money factors that they are using on the deals.
 
I have leased more than 10 higher end cars in my life and I almost always exit them a little early. I have also moved across country with leased cars several times. No one has ever asked me if I put too many miles on the car when they get my payoff check. No one has ever even batted an eye when I turned a car in 2,000 miles away from where I leased it. Heck I've leased several vehicles from dealers more than 1,000 miles. You can ask about #1 and #2 but I don't think that LRCG or US Bank will give you any hassle at all. #3 I'm not sure about as I haven't paid that close of attention to it.
#514 of 529
Re: Leasing need quick advice [haveblue] by squealpigs
Apr 13, 2008 (6:10 am)
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Replying to: haveblue (Apr 12, 2008 6:07 pm)

Well I got the truck last night. Have 3 problems so far.
1- Sunroof not working, tested it at dealership, hour later wife tried and no go!
2- Scratches that we not repaired on drivers seat as requested, they will have to refinish seat.
3-Sat. Radio says "acquiring signal" every time I change stations, could be ant. or bad signal. The Sat radio still works but takes 10 secs to acquire signal.
 
Oh yeah I was extremely disappointed with the detailing job the dealership did, 55K on a vehicle and they did a $30 detail job.
 
However I had the best salesman and the best buying experience I have ever had.
 
Dealer is checking them all out on Monday.
#515 of 529
Re: Leasing need quick advice [squealpigs] by british_rover
Apr 13, 2008 (1:31 pm)
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Replying to: squealpigs (Apr 13, 2008 6:10 am)

For number one the sunroof module probably just needs to be reprogramed. They lose their memory sometimes and it is something you can do on your own.
 
The procedure is in your owner's manual but I think I can recall it from memory.
 
Press the close button and hold it for about 30 seconds but up to a minute might be required.
 
Now try to open the sunroof and if it opens hold the open button till it is fully open then hold it for 30 seconds to one minute. Now press the close button again and again hold it for 30 seconds to one minute.
 
The exact procedure is in your owner's manual just look in the index under sunroof.
 
No idea on the sat radio thing. It could be a lot of things from something wrong with the satellites in your area to an antenna or module problem. I had a LR3 I delivered one time where the SAT radio module never got programed at the factory so even though the car had the SAT radio option it didn't recognize anything. They tried to reprogram the module but it wouldn't take so they had to just replace it.
#516 of 529
Re: Leasing need quick advice [squealpigs] by haveblue
Apr 16, 2008 (6:23 am)
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Replying to: squealpigs (Apr 13, 2008 6:10 am)

Congrats on the new car!
 
If the scratches you are referring to are on the leather, I don't know how that is going to turn out good. Please let me know what happens.
#517 of 529
Re: Leasing need quick advice [squealpigs] by Car_man HOST
Apr 22, 2008 (2:36 am)
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Replying to: squealpigs (Apr 13, 2008 6:10 am)

Congratulations on getting your new truck, squealpigs. Make sure to stop on over to the Dealer Ratings & Reviews to share your thoughts on your recent dealer experience with others. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#518 of 529
2006 LR3 lease almost up by mrchili
Apr 28, 2008 (1:38 pm)
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Carman-
My lease is almost up on my 2006 LR3 SE, I had a 24mo 12k yr, and I'm confused on the price of another lease. My 2006 MSRP was $50600, purchase price $47k and my pyt was $531.17 w/$3564.67 down which included everything (1st pyt, motor vehicle, bank fee, doc fee, reg fee, sec deposit). I'm now being told that a 2008 LR3 with the same features (tech pkg) is $744.26 w/$2188.76 due at signing for 24mo's 10500 miles. How could the LR3 go up that much? is this right ??
 
At the same point they tell my the RR Sport is $729mo w/$3472.45 due at signing for 24mo and 10500yr. If you add all the numbers up the Sport is only $917.45 more over 2yr's......DUH, which one sounds better????
 
btw....my current LR3's tires are totally worn on the inside due to a factory issue and they offered to split the $2k cost with me. It has 19k miles and I'm giving it back in a month and they want $1k because of a factory problem...has anyone ran into this problem????
#519 of 529
Re: 2006 LR3 lease almost up [mrchili] by bgsntth
Apr 30, 2008 (11:54 am)
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Replying to: mrchili (Apr 28, 2008 1:38 pm)

I do not think there is any factory support right now on leases, so the money factor, lease cash and residual may all be effected. In 2006 they seemed to have a plethora of LR3's and no Sports. Now it seems reversed, plus the RRS has a better resale value-one of the best I've read.
 
I have an unblievable lease on my 2006 as well, which I do not anticipate replicating when I turn ours in next year. Especially as I've read that only a fully-painted Gucci HSE version of the LR3 will be available.
 
I would replace the GY's with the cheapest tires that fulfill LRNA's minimum req's, which I believe are HR rated and 110LI. Toyo's Open Country HT comes to mind, and is actually a better tire regardless, or the ST http://www.treadepot.com/tirelist.html
 
Or the new Kumho Road Venture, which Tirerack has for only $116 a piece. http://www.tirerack.com/tires/Sizes.jsp?make=Kumho&model=Road+Venture+APT+KL51
#520 of 529
Re: 2006 LR3 lease almost up [bgsntth] by british_rover
May 01, 2008 (10:41 am)
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Replying to: bgsntth (Apr 30, 2008 11:54 am)

The 2008 LR3 will come in just LR3, LR3 HSE and LR3 HSE LUX trim levels.
 
The 2009 LR3 is essentially what a LR3 SE is now.

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