Last post on May 12, 2013 at 3:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Land Rover Range Rover Sport, Car Leasing, SUV
#125 of 548 Re: Residual Value and Money Factor 2007 RRS Supercharged [sprsnic]
by Car_man HOST
Apr 17, 2007 (2:39 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 (1:16 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 548 Re: deal or no deal [p_whitney10]
Apr 18, 2007 (12:05 am)
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 (7:55 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 548 basic lease question. :(
Apr 27, 2007 (7:24 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 548 Re: basic lease question. :( [rrsfan]
by kyfdx HOST
Apr 27, 2007 (7:30 am)
Still need one more variable: The selling price (or the CAP cost).
#132 of 548 basic lease question. :(
Apr 27, 2007 (8:14 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.
#133 of 548 Re: basic lease question. :( [rrsfan]
by kyfdx HOST
Apr 27, 2007 (8:45 am)
The net CAP cost is the selling price, less any downpayments and plus any additions not paid upfront (acquisition fee, etc.)
(Net cap cost - residual) / term = monthly depreciation
(Net cap cost + residual) X money factor = monthly finance
Monthly finance + monthly depreciation = monthly payment
Plus tax, of course.
#134 of 548 Re: basic lease question. :( [kyfdx]
Apr 27, 2007 (9:15 am)
Thank you very much. That does make sense & thnx for walking me thru'.
Now I have to decide, whether to lease or buy. Lease will allow me to walk away, if RRS is problamatic, but I feel optimistic the quality. N.Y.Times have a good article LR2 & increasing quality of Ford's British division.