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Prices Paid: Buying & Leasing Experiences 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
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Replying to: nyc_seth (Nov 09, 2008 10:16 pm) Currently I can not find any information on a CPO lease. US-Bank used to be the go to source but since they have dropped out of pre-owned leasing, I am not sure exactly where to lead you, as LRCG does not lease pre-owned any longer. Rover-Guy |
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I don't know if I should accept this deal or not. I was in the market for a 2008 Range Rover HSE and to make a long story short it's a 36 month lease 10,500 miles a year no money down except the mandatory fees which comes out to $1100.00. My monthly payment is $1,097.00 a month. Also Range Rover will be paying the last month of my lease that I'm exiting which is $754.00. Is this a good deal or not before I sign any papers 
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Replying to: blessedcrys (Nov 13, 2008 10:06 pm)
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Replying to: okaasoka (Nov 14, 2008 4:06 am) |
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Wow akaasoka, sounds like you got a real good deal. I pay more and have no options. Well, just to keep everyone updated mainly Rover-Guy, all the papers are signed, I drove off the lot with the ranger rover today. Very nice truck. The dealer tried to give me a 12K mile p/year when we initially agreed to the 15K. So he was a little pissed he couldnt pull that one over on me. Only thing that concerns me is that the paperwork says the exterior color of the truck is a Sintori Black or something like that, its kind of a flat dull black when you look at it. Not Java Black which seems a little bit brighter and glossier. NYRangeRover.
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The lease is up in December and my monthly payments have been 1300. I have 2 questions: 1) I have quite a bit of dings and scratches on the outside. The inside is fine. Should I try to have all the outside damage fixed myself before the inspection? Or do I leave it as it is and pay whatever they charge me....how does it really work? 2) I was presented with the option to continue to lease the vehicle. Given the current horrible rates and the economy, I don't want to pay more than $1300/month on ANY vehicle. So I was looking into maybe leasing sport but was quoted $1615/month! I wonder if I would do better with a different make (ie BMW?). What to do? Is it possible to pay less than $1300/mo on RR or RR Sport without having to come up with a lot of out of pocket?
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Replying to: malibugaga (Nov 20, 2008 6:44 pm) Let’s see – I would guess that your leas is with LRCG as they had the best program in 06, regardless all the leasing companies use independent inspection companies to asses the damage v.s. normal wear and tear to your car. Most dealerships can give you a general idea of what is considered acceptable and what is not, but keep in mind they play no part in what the bank ultimately charge’s you for damage if any. I would recommend contacting the local dealer to see what they say – if you give me an idea of where you live I may be able to recommend the closest / best dealer to speak with. As for question #2 – Land Rover recently released extra money / incentives on the 2008 full sized rover – ie – with minimal drives (1st month payment tax and lic.) you should be at about 999+ tax for 39 months with about 10,500 miles per year. (keep in mind the banks are being very cautious who they lend money to theses days so it would be based on a very strong credit score). I believe this program nets the dealer about $1200 total gross, which is very fair. You may be able to negotiate this down a little bit – again depending on where you live I may be able to recommend a dealership who I have heard is very competitive. A sport for $1650 a month sounds very high.. Was your quote on a supercharged model?, Or with extra equipment? and was it a 2009 or 2008? If you give me the MSRP of the sport you were looking at I can give you a better idea of what the payment should be. That being said I know that you will get a better overall deal on a 2008 Range Rover HSE based on the incentives and programs available. Hope that helps a bit, Rover Guy
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| Looking to lease a 2008 Land Rover HSE. Dealer says $1650 per month. This includes luxury package, DVD, Tire/Wheel protection. 12,000 miles per month. He says discount and rebates of 13,000 give me a good deal. However, money factor seems high and residual seems very low. Anyone hear of what I should really be paying. Thanks! | |
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Replying to: rob_lasvegas (Nov 26, 2008 6:04 am) The lease seems high to me. The money factor is average and the residuals are horrible. I assume that you are leasing this vehicle in Las Vegas? How many months is the lease? Best, Matt eights38  gmail.com
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Replying to: nyrangerover1 (Nov 14, 2008 9:44 pm) Glad you got the deal, and didn't get nailed by the mileage switch-a-roo.. The Santorini Black is the new color, it is actually more metallic and brilliant then the Java, but you can only really see the flakes in direct sunlight. of course this is just my opinion …  Rover Guy |
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