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Land Rover Range Rover Sport Lease Questions

378 messages,  Last post on Nov 28, 2009 at 6:50 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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#295 of 378
Re: 60th Anniversary Sign & Drive Special... What's the catch? [drvannostrand] by awedio
Sep 08, 2008 (7:16 pm)
Reply

Replying to: drvannostrand (Sep 08, 2008 6:42 pm)

hehe, very funny
 
There is nothing afoot, LR Capital rates aren't very good, bottom line. They may change tomorrow....who know's!
 
btw, if you don't like that lease, you can take the 6 or 9k cash & try Chase or US Bank. I'll bet you won't like the rates either.
 
Right now, unless the programs have changed, it makes more sense to lease a used RR 06 or 07 from LRover Capital
#296 of 378
Re: 60th Anniversary Sign & Drive Special... What's the catch? [awedio] by roverdude
Sep 08, 2008 (7:26 pm)
Reply

Replying to: awedio (Sep 08, 2008 7:16 pm)

Thanks for the replies. Makes me feel better that he is not lying to me. If LR Capital changes the rates, please update the forum with what they are.
#297 of 378
Re: Current MF/Residuals [roverdude] by Car_man HOST
Sep 09, 2008 (3:02 am)
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Replying to: roverdude (Sep 08, 2008 3:59 pm)

Hi roverdude. Land Rover's lease program on the Range Rover Sport is unbelievably bad right now. Its buy rate lease money factor is currently .00394. This is slightly better than the factor that you were quoted, but still terrible. It's equivalent to an interest rate of almost 9.5%. Anyone who wants this truck would be better off financing it, paying cash for it, or leasing a luxury SUV from a different manufacturer.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#298 of 378
RRS Lease by mmalonso
Sep 29, 2008 (7:49 am)
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Just leased an 08 RRS in So Cal. $63k list, $56k purchase price, 48 month lease with US Bank, $830 a month plus tax. Just drive offs due, no cap cost reduction. Residual is brutatl right now, in the 32% range and the money factor was around .0020. Hope this helps people, its the best I could find around Los Angeles.
#299 of 378
Re: RRS Lease [mmalonso] by Car_man HOST
Oct 07, 2008 (4:39 pm)
Reply

Replying to: mmalonso (Sep 29, 2008 7:49 am)

Hi mmalonso. Thanks for taking the time to share the details of your lease with everyone. I'm not surprised that the dealer that you worked with ran your lease through an independent bank. Land Rover's lease program for the 2008 Range Rover Sport is absolutely horrible right now.
 
If you'd like, you can stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#301 of 378
Sport Lease by joelpalmer
Oct 22, 2008 (5:40 pm)
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What is the best lease deal with zero down for 36 months for a Land Rover Sport?
#302 of 378
Re: Sport Lease [joelpalmer] by Car_man HOST
Oct 27, 2008 (3:49 am)
Reply

Replying to: joelpalmer (Oct 22, 2008 5:40 pm)

Hi joelpalmer. The lease payment for a Range Rover Sport will depend upon how it is equipped and in turn what its MSRP and selling price are. I would be happy to work up a sample payment for you on the exact truck that you want if you provide me with these numbers. If you haven't gotten them from a dealer yet, you can hop on over to the New Vehicle Pricing section of Edmunds.com and look them up there. Let me know and I'll crunch some numbers for you.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#303 of 378
08 Range Rover Sport Supercharged Lease Question by arlingtonva1
Nov 02, 2008 (10:04 am)
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I have limited lease knowledge. Could someone quickly check this and let me know if it's a good deal. I may close tommorow. All the research Ive done shows that it is. Im worried about the residual, money factor. The sell price is good due to incentives.
 
36 month lease, 15k per year.
MSRP $73450
Sell Price $56900
Doc Fee $225
Acq Fee $795
Residual-36%
12k down payment
State Taxes-3%
Money Factor-.00225
Rate-5.4%
monthly payment-$818.90
 
Buying is not an option. My accountant wants me to write the lease off as a business expense.
#304 of 378
Re: 08 Range Rover Sport Supercharged Lease Question [arlingtonva1] by rover_guy
Nov 09, 2008 (11:31 am)
Reply

Replying to: arlingtonva1 (Nov 02, 2008 10:04 am)

Hi Arlingtonva1,
 
Not sure if you purchased your sport, if you did not I can help you understand the process, and double check your deal for you.
 
Rover-Guy

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