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Land Rover Range Rover Lease Questions

257 messages, Last post on Oct 31, 2009 at 2:39 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? | |
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Replying to: jbratx (Jun 12, 2008 2:56 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jul 01, 2008 1:13 am)
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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. | |
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Replying to: jbratx (Jul 01, 2008 5:02 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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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 | |
| how much am i expected to pay total to lease a used range rover? | |
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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.
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Replying to: nyrangerover1 (Nov 08, 2008 10:46 am) 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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