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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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#535 of 566 2009 MY LR3 by gillz Jan 06, 2009 (11:15 am)
Understand LR will release 2010 MY LR3's in May of 2009 which will mean many dealers won't even be ordering the 2009 models. Can this be verified ? Also wondering what big changes are in store for 2010 MY to prompt this move by Land Rover... Replies to this message: postermike (Jan 06, 2009 12:28 pm) lhr7 (Jan 06, 2009 6:15 pm) gillz (Jan 07, 2009 2:25 pm)
#536 of 566 Re: 2009 MY LR3 [gillz] by postermike Jan 06, 2009 (12:28 pm)
Replying to: gillz (Jan 06, 2009 11:15 am) The 2010 MY LR3 will be the 2009 Discovery that is now on sale in the United Kingdom. You can see pictures and details by going to the LR site and entering the United Kingdom area instead of the U.S.   The most significant changes are to the body with body colored fender flares & Bumpers and the door handles that are now the matte silver color, like the current Range Rover Sport. Minor styling cues are also noticable, but not dramatic. They are also changing the interior colors from Alpaca and Black to a choice of Almond, Tundra, & Ebony. The Almond and Ebony are just like the 2008 Alpaca & Black. The Tundra is a gray.   Strangely enough, the current 2008 MY vehicles that are sitting at the port and were built after October, 2008 are using the 2008 MY body (black fender flares/bumbers) but the 2010 interior colors.   There are TONS of 2008 LR3s sitting at the ports so LR will be dealing extensively on these until the 2010 models arrive in May, 2009. Currently there are some deals on New (not demo) LR3 HSE w/ Luxury - MSRP $57,950, sales price - $40,100. Replies to this message: lhr7 (Jan 06, 2009 6:15 pm) gillz (Jan 07, 2009 2:25 pm)
#537 of 566 Re: 2009 MY LR3 [postermike] by lhr7 Jan 06, 2009 (6:15 pm)
Replying to: postermike (Jan 06, 2009 12:28 pm) Which dealership is offering the HSE LR3 for $40,100?
#538 of 566 2008/2009 Lease rates by roverdude Jan 06, 2009 (7:47 pm)
Does anyone know the current lease rate for LR3 HSE 08 and 09 models 15K per year 24/30/36 months. Replies to this message: Car_man (Jan 19, 2009 3:48 am)
#539 of 566 Re: 2009 MY LR3 [postermike] by gillz Jan 07, 2009 (2:25 pm)
Replying to: postermike (Jan 06, 2009 12:28 pm) Great information. Thank you. Looks like turning the calendar to a new year won't bring back the economy ...!
#540 of 566 Land Rover Financing by gillz Jan 12, 2009 (11:19 am)
Most dealers offering $14k reduction from MSRP on '08 MY LR3's in stock. Makes the LR2 seem expensive !   Heard from a local dealer that Land Rover Capital is no longer the finance arm of LR and they have arranged a new program with Chase. Can someone confirm this and also provide some insight as to what the new incentives might be for lease/purchase ?   Thanks. Replies to this message: DonovanG (Jan 14, 2009 8:08 am)
#541 of 566 Re: Land Rover Financing [gillz] by DonovanG Jan 14, 2009 (8:08 am)
Replying to: gillz (Jan 12, 2009 11:19 am) I'm finally in the market for an LR3. I've been shopping the 2 local dealers this week and found this. (AZ) 8 NEW SE 08's avail. None have navigation, that's an issue. Colors are limited to black or silver. They're quoting $15k off and up to $17k off with a 'wink'. I asked about leasing, was told twice, that leasing is gone. Terms are so terrible it makes no sense. I was quoted financing at 6.25%, 60 months, with Chase who I guess is now the primary source for them given that both dealers under different ownership were talking the same terms. That's for "A" credit. I want a white LR3 with Nav + Bi-xenons. The local dealer did not want to do a search for me as he told me he could not do the discount unless he sells from his own inventory. So, I'm on the horn today to CA and NV dealers looking for that elusive White LR3 I guess. The salesman at one dealership confirmed the 09's will not touch dealer floors until mid summer and less than 1000 of those are even being built. Word was that the 2010 model will be out by August. Anyone believe for a minute they'll be getting anywhere near sticker for a slightly refreshed paint and packaging scheme? I doubt it.
#542 of 566 Re: Lease LR3 in 2009? [njmdx] by Car_man HOST Jan 19, 2009 (3:45 am)
Replying to: njmdx (Dec 25, 2008 6:46 pm) Hi njmdx. Land Rover launched a fairly aggressive special lease program on the 2009 Range Rover Sport in January, but I don't believe that it is providing any lease support on the '09 LR3 right now. The only special promotion that I am aware of on the '09 LR3 is 1.9% to 3.9% financing.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#543 of 566 Re: 2008/2009 Lease rates [roverdude] by Car_man HOST Jan 19, 2009 (3:48 am)
Replying to: roverdude (Jan 06, 2009 7:47 pm) Hi roverdude. To the best of my knowledge, Land Rover is not providing lease support on either the 2008 or the 2009 LR3 right now. If this is indeed the case, it means that you would have to use its standard lease money factors to lease one right now. Doing so doesn't make sense, because Land Rover's standard money factors are terrible. Its current 24 month buy rate standard factor is .00515. The standard factor for 30 and 36 month leases is a little more palatable, yet still bad .00380.   If you want to lease an SUV right now, the LR# probably isn't the right model for you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#544 of 566 Update- LR3 leasing by DonovanG Jan 20, 2009 (3:43 pm)
As noted in a prior post, I'm looking for a new LR3, preferably an 09'. After literally calling over 20 LR dealers in CA and other Western states I've found loads of 08's, most sans NAV or Bi-xenons, and 1 2009 (the elusive freshened LR3) in the desert. Leasing is terrible but word from most dealers is that the new Chase partnership will allow for new attractive leasing in April when the 09's start flowing. Dealers continue to quote $15K+ off MSRP on 08's but you forego the 36 month 0% if you take the discount. Replies to this message: padraic (Mar 19, 2009 4:15 pm) britman4 (Mar 20, 2009 4:35 am) Car_man (Apr 06, 2009 2:06 am)

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