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Land Rover Range Rover Lease Questions

176 messages,  Last post on Jul 01, 2008 at 6:02 AM

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

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#139 of 176 Re: Land Rover Range Rover: Lease Questions [Car_man] by rangerovers Jan 09, 2008 (8:52 am)
Replying to: Car_man (Aug 31, 2005 4:22 am) Hello everyone, I currently am leasing a lexus IS 250 and my lease is up in 2011. I really want to lease a range rover sport but I'm waiting until my current lease is up I just wanted to know if someone can break down the amount of money I would have to pay in order to get a good down payment. Before I drove the lexus I had a BMW X5 and I want another truck. My friend told me I could put down $6,000 and have tier 0 credit right, and get it for like 6 something a month in NJ Paramus. Right now I have 685, 675, 670, but in March 07 I had 719 by 2011 all credit cards will be paid off, and my credit score should increase rapidly. I currently pay 777 but I want to know what should I do and what is all the residual rate cap and all that .00259 stuff people are talking about just so I can get an idea. Replies to this message: Car_man (Jan 29, 2008 3:27 am)
#140 of 176 Re: Land Rover Range Rover: Lease Questions [Car_man] by rangerovers Jan 09, 2008 (8:57 am)
PS I'm in New Jersey Replies to this message: de6624 (Jan 12, 2008 11:46 pm)
#141 of 176 Re: Land Rover Range Rover: Lease Questions [rangerovers] by de6624 Jan 12, 2008 (11:46 pm)
Replying to: rangerovers (Jan 09, 2008 8:57 am) ok I live in ny an have an 03 rr so i will be trading in soon,,,,,,,my current information is with a 700 score and 6k down it will be bout 850 - 900 ,,,,,no higher than 960, but this all depends all on your lease rates. Varies by state,,,,,,NJ i say your rate will be 870 per month ,,,,,and thats good,,,,,i no people paying 990 or so, u will be fine though.
#142 of 176 Re: Current rates? [moabxj] by jbratx Jan 18, 2008 (6:56 pm)
Replying to: moabxj (Dec 17, 2007 10:00 am) Did your deal go through for your Range Rover Supercharge?
#143 of 176 Re: Range Rover HSE Lease [Car_man] by jbratx Jan 21, 2008 (8:34 pm)
Replying to: Car_man (Jan 03, 2008 4:16 am) Car_man, Have the lease rates for the 2008 Range Rover HSE stated before changed or are they still the same?   - Thank You Replies to this message: Car_man (Jan 29, 2008 4:06 am) trover (Jan 30, 2008 9:15 pm)
#144 of 176 Re: Greatings from Big Bear Lake, California..RRS Lease [bigbearrrs] by Car_man HOST Jan 29, 2008 (3:17 am)
Replying to: bigbearrrs (Jan 04, 2008 1:04 am) No problem, bigbearrrs. The Land Rover Range Rover Sport that you leased probably had a spread of around $5,200 or so between its full MSRP and its dealer invoice price. The $3,561 discount that you were given on this truck isn't bad. It's probably around $1,600 or so over invoice on a truck that is selling reasonably well. As long as the dealer that you got your truck from used its buy rate lease money factor to calculate your monthly payment I'd say that you got a pretty good deal. Enjoy your new ride .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#145 of 176 Re: Fair Lease for a 2008 Range Rover Sport? [kpeters] by Car_man HOST Jan 29, 2008 (3:21 am)
Replying to: kpeters (Jan 08, 2008 4:11 pm) Greetings kpeters. Since you have never leased before, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.   In short, the best way to get a good deal on a leased vehicle is to negotiate as low a selling price as possible on it and then have the dealer calculate your monthly payment using its buy rate lease money factor. Is the $60,000 price that you mentioned in your post this truck's MSRP or its selling price? If you provide me with both numbers, I would be happy to give you my opinion of this deal and to calculate a sample lease payment for you.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#146 of 176 Re: Land Rover Range Rover: Lease Questions [rangerovers] by Car_man HOST Jan 29, 2008 (3:27 am)
Replying to: rangerovers (Jan 09, 2008 8:52 am) Hi rangerovers. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.    You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.   If you absolutely have to get out of your current lease now to get something new, you definitely do not want to make such a $6,000 down payment on your new lease. I always advise consumers against making big down payments on leases. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. You would be much better off going with a zero down lease, even though it means that your monthly payment will be higher.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#147 of 176 Re: Range Rover HSE Lease [jbratx] by Car_man HOST Jan 29, 2008 (4:06 am)
Replying to: jbratx (Jan 21, 2008 8:34 pm) Hi jbratx. Land Rover published a new lease program for the first quarter of 2008 a couple of weeks ago. Land Rover Capital's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Range Rover HSE with 15,000 miles per year are .00175 and 49%, respectively. Its 12,000 mile per year residual value is 2% higher and its 10,500 mile per year residual value is 3% higher than this.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: trover (Jan 30, 2008 9:15 pm)
#148 of 176 Re: Range Rover HSE Lease [Car_man] by trover Jan 30, 2008 (9:15 pm)
Replying to: Car_man (Jan 29, 2008 4:06 am) i have a coupon good for 2000.00 on a lease of a HSE please call me if you are buying prior to 3/31/08 taniataniany.com

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