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Land Rover Range Rover Sport, Car Leasing, SUV
#123 of 566 Re: Land Rover Range Rover Sport: Lease Questions [p_whitney10]
Apr 17, 2007 (1:31 am)
Hi p_whitney10. Eventually Land Rover will probably introduce dealer cash on leftover 2007 Range Rover Sports to help dealers clear out their remaining inventory. I don't expect this to happen for a number of months though. It is difficult to predict when this will happen or what level of support will be available on the '07 models, but it is probably fairly safe to assume that the dealer cash on them will eventually be similar to the $4,000 that Land Rover provided on the '06 Range Rover Sport at the end of its run.
Prices Paid Forum
#124 of 566 Re: Downpayment on lease question [ohioguy1]
Apr 17, 2007 (1:36 am)
Hi ohioguy1. You definitely do not want to put $10,000 or $20,000 down on any lease. If your leased vehicle is totaled in an accident or stolen and never recovered you will likely lose all of that money. I always advise consumers not to make any sort of capitalized cost reduction when leasing.
I would be happy to estimate what sort of lease payment you would have if you were to lease this truck, but in order for me to do so I need you to provide me with its full MSRP and approximate selling price. Let me know what these numbers are and I'll run some calculations for you.
Prices Paid Forum
#125 of 566 Re: Residual Value and Money Factor 2007 RRS Supercharged [sprsnic]
Apr 17, 2007 (1:39 am)
Here's the information that you're looking for, sprsnic. Land Rover Capital Group's current buy rate lease money factor for a 36 month lease of a 2007 Range Rover Sport Supercharged with 15,000 miles per year are .00333 and 56%, respectively. The numbers for an otherwise identical 27 month lease are .00309 and 61%. If you were to lease this truck with only 12,000 miles per year, its residual value would be 2% higher. Its 10,500 mile per year residual is 3% higher than the 15k resid.
Prices Paid Forum
Apr 17, 2007 (12:16 pm)
Check this out: Range Rover Sport with luxury package lease: 12,000 miles a year for 30 months. With 3K down i am looking at about a 922 per month payment. The 3K down is on top of fees and first months payment so really total money down is around 4700. Is this something i should jump on or can i do better? I am leasing in or around MASS.
#128 of 566 Re: deal or no deal [p_whitney10]
Apr 17, 2007 (11:05 pm)
I think that is pretty good deal. tax or no tax? I'm paying $933 for RRSport Luxury with nothing down for 36 month 12000 miles, but that was with X-plan.
Apr 18, 2007 (6:55 pm)
I live in New Hampshire... so i will not be paying excise or sales tax. Registration will cost around 1K. I think it is a pretty good deal...
#130 of 566 basic lease question. :(
Apr 27, 2007 (6:24 am)
Sorry for such a basic question, but I couldn't find the answer, so here it goes.
How can I come up with the lease payment, if I know the Money Factor, MSRP, down payment, lease-end buyout,duration of lease & what is Cap reduction tax that is part of out the door price.
#131 of 566 Re: basic lease question. :( [rrsfan]
by kyfdx@Edmunds HOST
Apr 27, 2007 (6:30 am)
Still need one more variable: The selling price (or the CAP cost).
#132 of 566 basic lease question. :(
Apr 27, 2007 (7:14 am)
Yes, I do have selling price (MSRP minus negotiated discount). What is the difference between CAP cost & selling price? I thought they are the same. Of course any down payment would still reduce the actual paid price further. Thank you for your quick reply.