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Land Rover Range Rover Sport Lease Questions

379 messages,  Last post on Nov 28, 2009 at 8:48 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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#238 of 379
Loyalty Cash by user124
May 19, 2008 (10:03 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 379
Re: Loyalty Cash [user124] by british_rover
May 19, 2008 (10:12 am)
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Replying to: user124 (May 19, 2008 10:03 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 379
What should the Numbers Be? by shimp
May 19, 2008 (8:31 pm)
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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 379
My Current 2008 RRS Deal by russellnyc212
May 20, 2008 (12:53 pm)
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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
#242 of 379
Re: Loyalty Cash [british_rover] by awedio
May 20, 2008 (2:27 pm)
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Replying to: british_rover (May 19, 2008 10:12 am)

what other incentives are available on the '08 RR Sport?
 
I can't get the loyalty cash, since I currently don't own a Land or Range Rover
#243 of 379
Re: My Current 2008 RRS Deal [russellnyc212] by roverboy
May 21, 2008 (8:37 am)
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Replying to: russellnyc212 (May 20, 2008 12:53 pm)

sounds reasonable, but I've never heard of an "inception fee." sounds more like a disguised down payment. So if you amortize that $3100 over 24 months that another $130 per month, effectively. So now your $799 per month quote is $930 per month. Add in the state tax (say, 7.5%) and now your looking at $1000 per month payment. Still a good deal, but I'll say it before and I'll say it again: the dealers will try to screw you every way they can. Be careful, those ads in the paper for monthly lease prices are deceiving, as shown above. let us know if you close the deal.
#244 of 379
invoice price? by awedio
May 22, 2008 (8:33 am)
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what is the official invoice price for a base '08 RRS HSE with msrp of $58,500?
The sales manager at a dealership in SoCal is trying to tell me his invoice is $55,300?
#245 of 379
Re: My Current 2008 RRS Deal [russellnyc212] by user124
May 27, 2008 (1:49 pm)
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Replying to: russellnyc212 (May 20, 2008 12:53 pm)

RussellNYC-- Are you a returning LR owner? Can you identify the dealer?
 
Also, I assume from your name that the car was bought in NY. When you say $3150 "inception," I assume that is basically the up-front NY sales tax, first month payment, and the usual nickle and diming (acquisition fee, DMV fe, etc), not any capital cost reduction?
 
  I am being quoted similar figures in NY, but that is after the $3000 returning LR owner incentive.
#246 of 379
Re: Lease payment on Range over Sport [Car_man] by awedio
Jun 23, 2008 (12:17 pm)
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Replying to: Car_man (Apr 22, 2008 1:56 am)

Car_man,
 
what is the current Land Rover Capital Group's current buy rate lease money factor for a 24 month lease of a 2008 Range Rover Sport HSE?
#247 of 379
Re: Lease payment on Range over Sport [awedio] by Car_man HOST
Jul 01, 2008 (1:32 am)
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Replying to: awedio (Jun 23, 2008 12:17 pm)

Hi awedio. Land Rover's second quarter lease program is scheduled to end this week. Its' 24 month, 15,000 mile per year money factor and residual value for the 2008 Range Rover Sport HSE were .00224 and 66%. I have not seen its new third quarter numbers yet, but I can give you an update with the new info if you post a reminder for me in a few days.
 
Car_man
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