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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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#559 of 566 Re: 2008 LR3 HSE Lease Ending [pj1966] by britman4 Jul 18, 2009 (12:37 pm)
Replying to: pj1966 (Jul 18, 2009 11:53 am) Well I ended up buying out my lease in May. I was way under the mileage, the car was assessed as in perfect condition and I was pretty attached to it.   I got a lump of cash off the lease buy out. Something like 7k. The dealer was very realistic and at the point when he started negotiating he was quite clear we were going well under the buy out price.   You can get some unused 08's with all sorts of package add ons and style kits for 37. So a brand new or nearly new.   There is NO WAY, they will sell the thing for 37k. Just let them have it back and go and negotiate for a 2nd hand or frankly a new LR3.   The only exception is when it is out of the dealers hands. But the fact that he thinks he will make money from a used 08 at 37k means he has lost his marbles.   I recon you could buy that car for 30/32 depending on mileage,
#560 of 566 Re: 2008 LR3 HSE Lease Ending [pj1966] by lhr7 Jul 19, 2009 (5:48 am)
Replying to: pj1966 (Jul 18, 2009 11:53 am) Just as an example, I recently purchased a new 2008 LR3 HSE with everything for $40,000. This price also included the maintenance package, as the car falls under the 2008 warranty package including regular schedule maintance for the first 50,000 miles.   I have also seen loads of new 2008 LR3 SEs for the $33 to $37 range, depending on the options. $37,000 for a used 2008 is a little crazy. Although, the buy out price may be out of the dealers hands. My original buy out price was controlled by the Land Rover Capital, not the dealer. Replies to this message: soxsuck (Jul 19, 2009 7:22 pm) lhr7 (Jul 22, 2009 6:18 pm)
#561 of 566 Re: 2008 LR3 HSE Lease Ending [lhr7] by soxsuck Jul 19, 2009 (7:22 pm)
Replying to: lhr7 (Jul 19, 2009 5:48 am) My lease is also up, and Land Rover Capital will not budge on the residual either. If I buy a non-titled 08 LR3, it still gets the scheduled maintainance? As well as 0.9% financing, and $1500 owner loyalty? Replies to this message: lhr7 (Jul 22, 2009 6:18 pm)
#562 of 566 LR3 and LR4 by crestonave Jul 21, 2009 (7:30 pm)
Does the LR4 replace the LR3 in 2010, or is it an additional model? Replies to this message: postermike (Jul 22, 2009 4:54 am) britman4 (Jul 22, 2009 5:00 am) eelpout (Aug 04, 2009 9:28 am)
#563 of 566 Re: LR3 and LR4 [crestonave] by postermike Jul 22, 2009 (4:54 am)
Replying to: crestonave (Jul 21, 2009 7:30 pm) The LR4 replaces the LR3. Production on the LR3 has ceased and LR4 is already being produced. They are on their way over to the States as I write this. Replies to this message: britman4 (Jul 22, 2009 5:00 am) eelpout (Aug 04, 2009 9:28 am)
#564 of 566 Re: LR3 and LR4 [postermike] by britman4 Jul 22, 2009 (5:00 am)
Replying to: postermike (Jul 22, 2009 4:54 am) Why have they done this, I can see no real difference.   All seems a bit silly frankly Replies to this message: eelpout (Aug 04, 2009 9:28 am)
#565 of 566 Re: 2008 LR3 HSE Lease Ending [soxsuck] by lhr7 Jul 22, 2009 (6:18 pm)
Replying to: soxsuck (Jul 19, 2009 7:22 pm) Yes, if you buy an untitled 2008 the vehicle still falls under the maintainace program. While, I am not sure about the loyalty program. That depends on the dealer and the customer.
#566 of 566 Re: LR3 and LR4 [britman4] by eelpout Aug 04, 2009 (9:28 am)
Replying to: britman4 (Jul 22, 2009 5:00 am) Edmunds doesn't have much info on their site (yet) so check out the following links here and here.   They've updated a lot of the cosmetics, electronics and the engine from Jaguar and made it more upscale (many of the cubbyholes I'm use to are now gone). It looks like they are making it more "soccer mom" friendly and less utilitarian. Which is good or bad depending on who you are. What they didn't do and I'm very disappointed about is improve gas milage; i.e. bring over any of the turbo diesels. That may be a deal breaker for me when my LR3 lease is up.   The demo units should be arriving in dealers in the next couple of weeks and I think shipping dates are in October.

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