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Land Rover Range Rover Lease Questions

257 messages,  Last post on Oct 31, 2009 at 2:39 PM

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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#174 of 257
2006 RR Lease by trover1
Jun 24, 2008 (4:42 pm)
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Dealer is offering me a lease on a 2006 RR HSE with 48000 miles. The lease is for 3 years . $1500 out of pocket, 12000 miles per year, $598+tax. Is it a good deal?
#175 of 257
Re: To Buy Or Lease [jbratx] by Car_man HOST
Jul 01, 2008 (1:13 am)
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Replying to: jbratx (Jun 12, 2008 2:56 am)

Hi jbratx. I thank my lucky stars every day that I am currently leasing my truck. Its resale value has dropped by thousands of dollars over the past several months. While it is virtually impossible to predict the short-term price of oil, and in turn gasoline, I personally believe that high prices are here to stay. Most manufacturers' captive finance companies have not made the necessary adjustments to their vehicles' residual values and they are going to get crushed when the trucks that they are leasing come back at lease-end. Better them than you. If you want a truck, to me leasing is a no-brainer...at least until their residual values become more realistic.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#176 of 257
Re: To Buy Or Lease [Car_man] by jbratx
Jul 01, 2008 (5:02 am)
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Replying to: Car_man (Jul 01, 2008 1:13 am)

Thanks for the advice Car_man... It's greatly appreciated.
#177 of 257
Is this a good deal? by lrrr
Jul 10, 2008 (7:02 pm)
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Car_man, I was quoted $1169/mo. incl. taxes for an $80,950.00 '08 Land Rover Range Rover with rear ent. package. 24 month, 10, 500 yr. 0 down. 1st. month's due at signing. Is this a good deal. Thanks in advance.
#179 of 257
Re: To Buy Or Lease [jbratx] by Car_man HOST
Jul 25, 2008 (3:00 am)
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Replying to: jbratx (Jul 01, 2008 5:02 am)

You're very welcome, jbratx.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#180 of 257
by jbratx
Aug 12, 2008 (1:38 am)
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Just a quick poll... With the current state of the economy and high gas prices are you finding that your getting offered better deals, worst deals, or about the same... Thanks
#181 of 257
Leasing a used Range Rover? by lulbert
Aug 24, 2008 (4:33 pm)
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how much am i expected to pay total to lease a used range rover?
#182 of 257
08 Range Rover HSE Lease 24 month by nyrangerover1
Nov 08, 2008 (10:46 am)
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Hello All,
 
Don't know if will get any responses, last post was in Aug. Hopefully will start the discussion up again. Carman you seem very knowledgeable on the subject.
 
I am looking into leasing a 2008 Range Rover HSE, with no options msrp $78,450. My deal to do a lease for 24 months was as follows:
 
MSRP-$78,450
Selling Price-$61,000
Res-40% ($31,380)
mf-.00365
-Around $6,081.98 COD (give or take a couple of dollars Depending on plates, Tax Juresdiction)
$1,265.70/Month for 24 Months
 -Deal Good thorugh Monday (11-8-08)
 
probably going to do it. Just wanted to check to see if this is a good deal considering the horrible residual values and money lease factors going on right now.
 
Any feedback is greatly appreciated.
 
Thanks.
#183 of 257
Re: 08 Range Rover HSE Lease 24 month [nyrangerover1] by rover_guy
Nov 09, 2008 (12:40 pm)
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Replying to: nyrangerover1 (Nov 08, 2008 10:46 am)

Hi nyrangrover1,
 
I am not exactly sure how leasing works in NY – but I can provide you with the following...
 
MSRP-$78,450
Invoice: $72,159
There is $12,000 dealer cash / and there should also be a $5000 lease rebate (applied as cap-reduction) or if you are going through LRCG a $5750 lease rebate. A net selling price of $61,000 is a very respectable deal, it means the dealer is grossing approx $500 if they are including floor mats, even if they charge you for the mats the selling price is a good deal.
 
LRCG tier “0” should have a .00321 (tier 1 = .00350 more commonly seen as tier 0 is a bit harder to obtain in with today’s lending standards)
 
Money factor / 40% Res,15k per year.
 
Roughly, I estimate an effective payment of $1,149 + tax, with $6082 total due at lease inception. (I am basing this on CA doc and tax fees NY may be a bit higher). So if the $1,265 is a tax included payment it sounds like you have a pretty air tight deal.
 
I hope that helps..
 
Rover-Guy

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