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Land Rover Range Rover Lease Questions

178 messages,  Last post on Jul 11, 2008 at 8:55 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Land Rover Range Rover, Car Leasing, SUV


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#121 of 178
2008 lease by moabxj
Nov 26, 2007 (3:40 pm)
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I posted this on the sport thread but this one has more recent posts so here we go...
 
We got a letter from the dealer about waiving 6 months of lease payments for leasing a new vehicle. So we are looking at getting an '08 HSE with the lux package and maybe the locker. MSRP should be around $82,950. Probably going with a 30 or 36 month lease, 15k miles per year. What kind of numbers should we expect? What kind of numbers are fair? We have a 720-740ish fico score. Is there any chance to get them to budge on sticker price? This is actually our 5th vehicle from them but they haven't budged a whole lot on any of the others which seems crazy to me. 84040(UT)
 
Thanks
Ryan
#122 of 178
got a quote... by moabxj
Nov 26, 2007 (6:36 pm)
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Just got a quote from the local dealer today...
 
2008 RR HSE w/ lux pkg. $82,450 MSRP, 30 month 15k per year. $1632/mo, $2000 down(first month+ doc fee or whatever.)
 
Any thoughts?
#123 of 178
Re: 2008 Range Rover Sport Residual and MF [Car_man] by kerb
Nov 27, 2007 (9:12 am)
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Replying to: Car_man (Nov 26, 2007 4:08 am)

Many thanks Car man. Would you happen to know the residual percentage for 10K or 10.5K miles?
#124 of 178
Range Rover HSE Lease by shamsiddin
Nov 28, 2007 (8:34 pm)
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Hi all,
 
I am new to this board and am interested in leasing a 2007 RR HSE early next year. I have been doing a bit of research regarding how lease rates are computed and am quite a bit more informed. I have begun contacting dealers for information on leasing 2007 RR HSE, thus far the response I have gotten from two of the four is that there are no more 2007's in stock at their shops. I am not sure if this is true or not but since I have not visited the showrooms personally, I will take their word for it for now.
 
I live in Northern NJ and work in Manhattan so I have contacted the Manhattan Auto Group, Paramus, Woodbridge and Parsippany dealers. The Manhattan dealer told me that his shop is a factory dealer vs the others which are independent - he was unable to adequately make the distinction other than to say that the others are all about making money (duh aren't they all?) Anyway, does anyone know what the difference is if any.
 
The Paramus and Manhattan dealers gave me information regarding the 2008 model as follows:
MSRP = 77,175
Residual = 53%
Money Factor = .00205
 
Does anyone know if this is accurate? I would prefer a 2007 model if I can find one (presumably the MSRP will be lower and therefore I can negotiate a lower cap cost and overall lower monthly payment) but the money factor on this one seems reasonable if I can negotiate a decent cap cost. Any thoughts?
#125 of 178
Current rates? by moabxj
Dec 17, 2007 (10:00 am)
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Things changed a bit and we are looking at getting a fullsize 2008 Range Rover Supercharged in the next day or two. MSRP 93,600. We get x-plan pricing which lowers it to 89,969. However we were quoted $1599+tax for 36 month/15k miles a year lease. My numbers show that to be around .00292 money factor which seems quite a bit higher than what it should be in my opinion. Does anyone have the current money factor and residual rates? By the way the residual they used was 51%.
#126 of 178
Greatings from Big Bear Lake, California..RRS Lease by bigbearrrs
Dec 23, 2007 (8:55 pm)
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Hello all, and Carman. I am a few days from leasing a Range Rover Sport. HSE. Standard Interior. Contemplating the Arctic frost with Alpaca Interior or the White with Ebony Interior.
 
I plan on towing a 21 feet Regal open bow boat 4x a year with it. and a flat bed car trailer with a 65 Shelby Cobra 4x a year. Will the RRS HSE do well with this towing?
 
I got a lease offer as follow:
 
30 mths, 15,000 miles a year. On the RRS HSE non luxury interior
 
$1391 drive off and a monthly payment of $899 including tax here in california (7.75%)
$3,000 drive off and a monthly payment of $840 including tax here in california
$5,000 drive off and a monthly payment of $768 including tax.
 
Are these good offers? Can I do better?
#127 of 178
Re: Greatings from Big Bear Lake, California..RRS Lease [bigbearrrs] by newcaraz
Dec 27, 2007 (1:30 pm)
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Replying to: bigbearrrs (Dec 23, 2007 8:55 pm)

I am in AZ and also looking for the 08 RRS. The quotes I received last wk were much higher. Would you mind sharing the dealership name and city as it is worth going to CA to get the car based on the quotes you provided. Did you end up leasing your car? Also, if you know what the money factor and residual are could you also share this info. Thanks
 
30 months
$1,137.33 with 12k miles per year
$1,179.21 with 15k miles per year
$3,600 drive off
 
36 months
$1,202.36 with 12k miles per year
$1,235.94 with 15k miles per year
$3,600 drive off
#128 of 178
Re: Greatings from Big Bear Lake, California..RRS Lease [newcaraz] by bigbearrrs
Dec 27, 2007 (9:28 pm)
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Replying to: newcaraz (Dec 27, 2007 1:30 pm)

I don't think we are allowed to post name and number of dealership and salesmen here.
I will be happy to share it with you though.
 
The original deal above was with Newport Beach Landrover. They are not staright shooters. I will NEVER do business with them again. And will NOT recommend them to anyone. When it came time to sign paper they started playing games, increased payment by nearly $300 per month) so I left promptly and went to the next dealership.
 
The dealership I ended up buying from is Landrover and Jaguar of Anaheim Hills. Anaheim Hills, California. They were GREAT! Salesman is awesome. I highly recommend. Entire deal was done on the phone. I was in and out in less than an hour. He even threw in the tow package (Hitch and installed wiring loom) for free.
 
I did a 30 month lease, and it is 15k miles per year. Would have ben $925 or so per year with the minimal drive off. Keep in mind that the 925 includes like $60 for california tax.
 
With my drive off being similar to yours ($1k more than yours), my payment is $771.16 california tax is another $60.
 
The package of the car makes a huge difference. Mine is HSE (non supercharged) and is not the luxury interior.
 
email me if you want the sales man's name & #. this is end of month and end of year. so they are making deals. Strike while they are trying to hit their target.
#129 of 178
Re: Greatings from Big Bear Lake, California..RRS Lease [bigbearrrs] by newcaraz
Dec 28, 2007 (11:18 am)
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Replying to: bigbearrrs (Dec 27, 2007 9:28 pm)

thanks so much for the information - can you email me the sales mans name & # at vmsazyahoo.com.
#130 of 178
Car Leasing Companies by jbratx
Jan 02, 2008 (5:36 pm)
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What's the difference between going through the dealership and car leasing companies? They say they offer better deals. Does anyone have any experience leasing there Range Rover through one of these companies?
  
i.e ( http://www.phillipsautoleasing.com/ )

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