- #197 of 384
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Re: Want to lease a 2007 Range Rover Sport [65wagon]
by Car_man HOST
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Oct 11, 2007 (2:31 am)
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Replying to: 65wagon (Sep 15, 2007 4:09 pm)
Here's the information that you're looking for, 65wagon. Land Rover Capital Group's fourth quarter buy rate lease money factor and residual value for a 24 month lease of a 2007 Range Rover Sport HSE with 10,500 miles per year are .00200 and 67%, respectively. The numbers for an otherwise identical 30 month lease are .00257 and 54%.
Car_man
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- #198 of 384
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Re: i got a horrible deal [bogi1]
by Car_man HOST
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Oct 11, 2007 (2:34 am)
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Replying to: bogi1 (Sep 19, 2007 7:19 pm)
Hi bogi1. Unfortunately the three day recision period for new vehicle purchases is a myth. Once you have signed the paperwork for your lease and drive off of the lot in your new vehicle, you're stuck with it. This is why it is extremely important to research any new vehicle purchase prior to finalizing any deal. Don't let the fact that you might be paying a little more than others for your new Land Rover ruin the wonderful experience of getting a new vehicle for you. Just chalk this up as a learning experience and do more research on your purchase or lease next time.
Car_man
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- #199 of 384
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Re: 08 RRS (HSE) HELP [antonella]
by Car_man HOST
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Oct 11, 2007 (2:39 am)
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Replying to: antonella (Oct 05, 2007 8:07 am)
Hi antonella. The truck that you are interested in probably has a spread of around $5,400 between its full MSRP and its dealer invoice price. That puts the selling price that you were quoted at around $3,200 over invoice. I think that Range Rover Sports are selling pretty well, but I do not know what the going rate for one is in your area. There is enough room here that it wouldn't hurt to comparison shop a little bit to see if you can find a dealer that is willing to give you a larger discount. The money factors and residual values that you were quoted look good to me.
Car_man
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- #200 of 384
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Re: 08 RRS (HSE) HELP [Car_man]
by antonella
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Oct 13, 2007 (2:06 pm)
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Replying to: Car_man (Oct 11, 2007 2:39 am)
Car_man, thank you very much!
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- #201 of 384
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Re: 08 RRS (HSE) HELP [antonella]
by Car_man HOST
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Nov 01, 2007 (1:49 am)
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Replying to: antonella (Oct 13, 2007 2:06 pm)
You're very welcome, antonella.
Car_man
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- #202 of 384
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08 RR Sport HSE - Current Money Factor
by cstaten
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Nov 11, 2007 (4:57 pm)
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Car_man -
I'm interested in a 2008 RR Sport HSE with Lux and Satellite..I also have the X plan. The dealer quoted me a MF of .0036!! This seems very high..Can you confirm the current MF? I'm looking to lease for 30 months, 15K Miles...The residual is 60% I believe.
Thanks for the help.
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- #203 of 384
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Hello Carman, '08 Range Rover Sport Residual and MF
by kerb
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Nov 13, 2007 (6:08 pm)
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Carman, would be so kind as to provide me with the residual and MF on the above referenced vehicle for 24, 30 and 36 months with 10.5 and 12K miles. Additionally, are you able to confirm that the acquisition fee is $595 and if there is an additional $700 in advertising fees, etc. on each vehicle. Furthermore, are there any incentives in terms of certificates from Land Rover (similar to the $1500 certificates for the '07) models or marketing support. Finally, when do these residual and MF figures change?
Many Thanks,
Steve
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- #204 of 384
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Re: 08 RR Sport HSE - Current Money Factor [cstaten]
by Car_man HOST
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Nov 26, 2007 (3:35 am)
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Replying to: cstaten (Nov 11, 2007 4:57 pm)
Hi cstaten. You may want to find a different dealer to work with. The money factor that you were quoted is definitely too high. Land Rover Capital Group's current buy rate lease money factor and residual value for a 30 month lease of a 2008 Land Rover Range Rover Sport HSE with the Luxury Package with 15,000 miles per year are .00263 and 62%, respectively.
Car_man
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- #205 of 384
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Re: Hello Carman, '08 Range Rover Sport Residual and MF [kerb]
by Car_man HOST
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Nov 26, 2007 (3:43 am)
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Replying to: kerb (Nov 13, 2007 6:08 pm)
Here you go, Steve. According to the latest information that I have seen, through the end of the year Land Rover Capital Group's buy rate lease money factor and residual value for a 24 month lease of a 2008 Range Rover Sport HSE with 12,000 miles per year are .00247 and 69%, respectively. The numbers for an otherwise identical 30 month lease are .00261 and 65%. The numbers for an otherwise identical 36 month lease are .00291 and 55%. The residuals for leases with only 10,500 miles per year would be 1% higher. Land Rover Capital definitely charges a $595 acquisition fee on every vehicle that it leases, but I'm not familiar with the advertising charges that Land Rover tries to pass on to its dealers. Land Rover is not currently providing any cash incentives on this model.
Car_man
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- #206 of 384
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2008 Range Rover Sport Lease Quote
by jsd39
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Nov 27, 2007 (6:44 pm)
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Hi, I'm new to leasing and a very poor mathematician, and am curious what you think of the following quote for a 2008 Range Rover Sport with luxury package and satellite radio, 24 month lease with 12,000 miles per year: $10,000 total due at signing, $823 per month. This is apparently a residual of 68% and a lease rate of .00285, with a $1,500 discount off of list price. I'm told that these payments include both sales tax (6%) and property tax (which seems somewhat unique to Land Rover). I know that putting this much down on a lease isn't recommended, but it gets my monthly payments into my comfort zone. Is this a good deal, or if not, what should I expect my monthly payments to be with a $10,000 down payment? Thanks a lot!
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