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Land Rover Range Rover Lease Questions

260 messages,  Last post on Nov 17, 2009 at 2:59 AM

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

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#177 of 260 Is this a good deal? by lrrr Jul 10, 2008 (7:02 pm)
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 260 Re: To Buy Or Lease [jbratx] by Car_man HOST Jul 25, 2008 (3:00 am)
Replying to: jbratx (Jul 01, 2008 5:02 am) You're very welcome, jbratx.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#180 of 260 by jbratx Aug 12, 2008 (1:38 am)
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 260 Leasing a used Range Rover? by lulbert Aug 24, 2008 (4:33 pm)
how much am i expected to pay total to lease a used range rover?
#182 of 260 08 Range Rover HSE Lease 24 month by nyrangerover1 Nov 08, 2008 (10:46 am)
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. Replies to this message: rover_guy (Nov 09, 2008 12:40 pm)
#183 of 260 Re: 08 Range Rover HSE Lease 24 month [nyrangerover1] by rover_guy Nov 09, 2008 (12:40 pm)
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
#184 of 260 Leasing 06 or 07 rr CPO by nyc_seth Nov 09, 2008 (10:16 pm)
Hello,   I'm currently in an '03 RR HSE CPO lease that is 36/mo $650/mo with 15k/year. Great deal IMHO. Car had all the bells and whistles that were already 100% depreciated (brush bar, side steps, rear grate, tow kit, rear entertainment, etc.) and came with full CPO warranty for term of my lease. I picked up the car in 2/06 with 20k miles and returning it 2/09 with 65k miles.   I want to do another CPO with an 06 or 07 RR HSE. 06's are trading around $45k and 07's are closer to $55k (these are dealer CPO prices).   Questions: 1. How much are CPO leases going for on the 06's and 07's? Does anyone have recent experience? Further, does anyone know of residuals or money factors used for CPO market? 2. Are there any incentives available where rr can pull you forward into a new CPO lease and forgive 2 months of payments on old lease or do they just build that into the new lease? 3. Is it worth waiting for any reason? Incentives, more 07's will hit market soon, etc.   Thank in advance,   Seth Replies to this message: rover_guy (Nov 10, 2008 3:59 pm)
#185 of 260 Range Rover HSE Lease 24 month by nyrangerover1 Nov 10, 2008 (5:21 am)
Hi Rover-Guy,   thanks for your feedback. Makes me feel a little bit more comfortable with the deal I am going to sign later today.   Yes, the $1,265/month payment was assured by the salesman as a total payment. This is his exact words:   -The COD is comprised of first month payment, taxes and DMV fees (Reg, License, etc) If you would like to put money down, then the monthly payment will drop. -The monthly payment is total monthly payment (Taxes are In the COD)   So, according to him the taxes were paid in the initial inception fees payment.   So, I guess this is a good deal. I'm going to go ahead and go with it. All this negotion was done through email. I just hope that when I get to the dealership today, the paperwork will reflect what we negotiated through the email.   Well I'll keep everyone posted on what happens.   Thanks again Rover-Guy.   NYRangeRover1. Replies to this message: rover_guy (Nov 10, 2008 2:23 pm)
#186 of 260 Re: Range Rover HSE Lease 24 month [nyrangerover1] by rover_guy Nov 10, 2008 (2:23 pm)
Replying to: nyrangerover1 (Nov 10, 2008 5:21 am) You are welcome! - again sounds like you got a good deal. Let me know how it goes.   Rover-Guy

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