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Land Rover Range Rover Sport Lease Questions

358 messages,  Last post on Jun 16, 2009 at 9:58 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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#232 of 358
Re: Hello Carman, '08 Range Rover Sport Residual and MF [current1] by Car_man HOST
May 15, 2008 (3:46 am)
Reply

Replying to: current1 (May 07, 2008 2:24 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
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Prices Paid: Buying & Leasing Experiences Forum
#233 of 358
Re: Ad from local dealer [mrchili] by Car_man HOST
May 15, 2008 (4:05 am)
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Replying to: mrchili (May 11, 2008 9:02 am)

Hey mrchili. Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Land Rover Range Rover Sport HSE with 10,500 miles per year are .00224 and 69%, respectively.
 
The lease that you mentioned in your post looks like an official Land Rover advertised payment. Most manufacturers' advertised lease payments leave a little meat on the bone so to speak. If this is an official advertisement, I suspect that you will be able to negotiate a lower selling price than the one that was used to calculate this payment...assuming that you are in an area that has a decent level of competition.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#235 of 358
Is this a good deal -2008 Range Rover HSE by rollashow
May 16, 2008 (8:37 am)
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Looking to purchase a pre-owned 2008 Range Rover HSE - Landrover dealer offering 973.00 a month. This car has 7000k miles Luxury package with rear entertainment. Not happy with the selling price how much should I negotiate off.
At the same dealer they are offering me for a brand New 2008 Range Rover HSE - they are offering me 2008 with luxury package for $1078 (selling price 59400, 36 months, 12,000 miles).
#236 of 358
Re: Ad from local dealer [Car_man] by mrchili
May 17, 2008 (12:29 pm)
Reply

Replying to: Car_man (May 15, 2008 4:05 am)

Thanks Carman, turns out that ad was for a specific vin only....this is the deal their offering me, let me know what you think.....
 
new 2008 RRS w/lux pkg
msrp-$62400
sale px - $58604 (invoice according to them is $57804)
$2995 current LR owners (they say Edmunds $2k is wrong)
so my cap cost would be $55604
all fee's and tax would be $3300
monthly pyt $743.83 for 2yr lease w/10500 miles-
(assuming I pay the $3300 upfront)
They confirmed Res-69% & Lease factor of .00224
 
I told them I have a LR coupon for $1500 but they said it can't be combined with $2995 incentive (even though Edmunds $2k incentive says it can be combined)
 
any comments?
#237 of 358
Re: Ad from local dealer [mrchili] by british_rover
May 17, 2008 (12:32 pm)
Reply

Replying to: mrchili (May 17, 2008 12:29 pm)

Its really a 3,000 dollar owner loyalty incentive and no it can't be combined with the LR coupon. I don't see why they would say it is 2995 that just sounds fake.
#238 of 358
Loyalty Cash by user124
May 19, 2008 (11:03 am)
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Can someone please confirm the $3,000 and whether it applies to non-Land Rover finance leases? I got a note from my dealer saying it was $2000 for RRS or FFFR, and $1500 for LR3. My RRS lease is up in 3 weeks.
#239 of 358
Re: Loyalty Cash [user124] by british_rover
May 19, 2008 (11:12 am)
Reply

Replying to: user124 (May 19, 2008 11:03 am)

It is 3,000 on the Sport only and that is a recent change. They started off with a 2,000 dollar owner loyalty and bumped it up to 3,000 dollars just a couple of weeks ago.
#240 of 358
What should the Numbers Be? by shimp
May 19, 2008 (9:31 pm)
Reply
Thanks for the great help I get on these forums.
  
Looking to Lease a RRSS and these are the numbers after a week of negotiations.
  
RRS Supercharged Loaded, rear entertainment. (dealer demo with 7K miles) - Quoted $66,000 24mo. 12K $1175. The money factor quoted was in the .003 range and 70% residual.
  
Just wondering if this is a good deal?
  
Thanks SO much!!
  
jim
#241 of 358
My Current 2008 RRS Deal by russellnyc212
May 20, 2008 (1:53 pm)
Reply
Thought I would share my current deal I took on a RRS: Seems competetive:
New 2008 RRS/Luxury
10,500 Miles
24 months
$3150 Inception for a $799 monthly lease
or $2500 down brings the pmt to $689

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