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Land Rover Range Rover Sport Lease Questions

371 messages,  Last post on Oct 31, 2009 at 8:46 AM

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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#223 of 371
Re: Lease payment on Range over Sport [alwaysarookie] by Car_man HOST
Apr 22, 2008 (1:56 am)
Reply

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
Host
Prices Paid: Buying & Leasing Experiences Forum
#224 of 371
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 371
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 371
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 371
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 371
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 371
Ad from local dealer by mrchili
May 11, 2008 (8:02 am)
Reply
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
#230 of 371
Re: Ad from local dealer [mrchili] by alwaysarookie
May 12, 2008 (6:04 am)
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Replying to: mrchili (May 11, 2008 8:02 am)

Mr Chili
 
Here is my insight on it:
I went with the RRS MSRP of $64500 - $999/month $2k out of pocket (tax, title etc) 12k miles a year
 
From the MSRP prespective I looked at a few other cars:
- I negotiated at $54,000 BMW down to $1500 out of pocket and $579 a month (including Taxes)
- Audi Q7 $55,000 - $849/month for 24 months
BMW has the best 24 month lease while Audi has the best 36 months. If the quote you are getting is the ad special you might be able to break it down a bit more.
#231 of 371
Feedback on Another Quote... by jimmyj4
May 12, 2008 (6:49 pm)
Reply

Replying to: alwaysarookie (May 12, 2008 6:04 am)

Depending on when the 2009 RRS models are released, is it worth waiting a couple of months to see if I can cut a better deal than: $681/month all in with $5k down or $779/month all in with $3k down on a 24 month lease with 12k miles per year. I can take advantage of the $2k loyalty incentive now, but I don't NEED to get something until July. What is the consensus - are deals going to get better based on economy and season, or will supply shrink and deals like this dry up? Any thoughts appreciated...
#232 of 371
Re: Hello Carman, '08 Range Rover Sport Residual and MF [current1] by Car_man HOST
May 15, 2008 (2:46 am)
Reply

Replying to: current1 (May 07, 2008 1:24 am)

Here you go, current1. Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Range Rover Sport HSE with 15,000 miles per year are .00224 and 66%, respectively. The numbers for an otherwise identical 27 month lease are .00245 and 59%. Its 36 month numbers are .00260 and 53%. Its 10,500 mile per year residual values are 3% higher than this and its 12,000 mile per resids are 2% higher.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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