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Land Rover Range Rover Sport Lease Questions

381 messages,  Last post on Nov 28, 2009 at 10:42 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#220 of 381
Lease payment on Range over Sport by emepstein
Feb 10, 2008 (12:38 am)
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My wife wants a Range Rover Sport (basic model not supercharged). What is the current residual and money factor on a 36 month lease at 15,000 miles per year? Also, is the residual figured on the MSRP or on the actual price you pay. Thanks
#221 of 381
Re: Lease payment on Range over Sport [emepstein] by Car_man HOST
Mar 05, 2008 (2:20 am)
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Replying to: emepstein (Feb 10, 2008 12:38 am)

Hi emepstein. Here's the information that you're looking for. Land Rover Capital Group's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Range Rover Sport HSE with 15,000 miles per year are .00275 and 52%, respectively. Vehicles' residual values are calculated using their full MSRPs plus the MSRPs of any factory-installed options.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#222 of 381
Re: Lease payment on Range over Sport [Car_man] by alwaysarookie
Apr 21, 2008 (8:11 am)
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Replying to: Car_man (Mar 05, 2008 2:20 am)

Guys,
I am in the market looking at RRS & RRSS for 24 months with 15k/yr.
 
The best price I have are as follows:
1. RRS - MSRP ($64,900) - dealer discounting it to $60,900 - $1053
2. RRSS - MSRP ($74500) - dealer discounting it to $70,500 - $1251
 
For both I am paying just the first month's payment and the monthly includes taxes.
 
Should I be looking at details such as money factor and I am also considering buying the car at the end of the lease what should that price be?
 
Thanks
#223 of 381
Re: Lease payment on Range over Sport [alwaysarookie] by Car_man HOST
Apr 22, 2008 (1:56 am)
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Replying to: alwaysarookie (Apr 21, 2008 8:11 am)

Hi alwaysarookie. You were smart to find out the selling prices of the trucks that you are interested in. Many consumers forget that the selling prices of leased vehicle are negotiable and just focus on the payment. It definitely wouldn't hurt to find out what money factor the dealer is using to calculate your monthly payment. Land Rover Capital Group's current buy rate lease money factor for a 24 month lease of a 2008 Range Rover Sport HSE is .00224. The number for an otherwise identical lease of an '08 Range Rover Sport Supercharged is .00283. If the dealer tries to use higher money factors than these to calculate your lease payment, they are likely trying to mark-up your truck's money factor to add additional, hidden back-end profit to your deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#224 of 381
Decision Time by alwaysarookie
Apr 23, 2008 (11:28 am)
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So this is what I was able to work out:
 
Range Rover Sport for $999 a month/12k miles/yr with $1500 out of pocket and 24 month lease.
Ranger Rover Sport Supercharged for $1099 a month/12k miles/yr with $2000 out of pocket and 36 month lease.
 
Now which one should I go for? I test drove both last evening and Supercharged def handles better and the pickup is just amazing but does not come with Rear Entertainment and stuff. Just base Supercharged and on the other hand, the regular one is not bad and comes with Rear Entertainment, Luxury and Sirius. So which one to go for?
#225 of 381
neither by scottinky
May 04, 2008 (3:06 am)
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why do you want to spend so much money per month on a POS you won't
own? damn. this economy sucks, gas is high, get something more
reasonable and fuel efficient for less money.
#226 of 381
Re: Decision Time [alwaysarookie] by donchar
May 06, 2008 (6:25 pm)
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Replying to: alwaysarookie (Apr 23, 2008 11:28 am)

the Sport Super sounds like a decent deal, what capitalized cost, money factor and residual were you quoted? was is from US Bank or Landrover capital?
#227 of 381
Re: Hello Carman, '08 Range Rover Sport Residual and MF [Car_man] by current1
May 07, 2008 (1:24 am)
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Replying to: Car_man (Nov 26, 2007 3:43 am)

Carman,
 
I was wondering if the Land Rover Financial lease money factors and residuals have changed since your 11/26/07 post, and if so, what they currently are for 24, 30, & 36 months leases with 10.5K, 12K, & 15K allowed miles?
 
Thanks
#228 of 381
2009 Range Rovers by jbratx
May 09, 2008 (11:54 pm)
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Does anyone know when the 2009s will be available?
#229 of 381
Ad from local dealer by mrchili
May 11, 2008 (8:02 am)
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Hey Carman,
 
Does this deal look good or can I still negotiate????
 
$54,995* ON 2008 RANGE ROVER SPORT HSE
$699* LEASE FOR 24 months $0 down if current LR owner
10500 miles year
 
Could you fill me in on the Lease factor and Residual for a Sport??
 
Thanks

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