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Prices Paid: Buying & Leasing Experiences Land Rover Range Rover Sport Lease Questions
385 messages, Last post on Dec 08, 2009 at 4:42 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: socalrover (Dec 19, 2005 1:26 pm) You never mentioned the selling price or MSRP of the Range Rover Sport that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to work up a sample lease payment on the truck that you are interested in for you if you let me know what these numbers are. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Jan 03, 2006 2:51 am) Purchase price, $58,050 (not including taxes, etc..) Down payment: $5000 lease term: 60 months (48 month as an alternate) Mileage: standard 15,000/yr Basically, I know I can afford something like a Toyota Tundra on a 60 month purchase (not a lease), so I'm wondering if leasing a RRS for a similar term is affordable (as viewed on a monthly payment basis). Regards, NW
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Looking at leasing a new RRS. My question is that if i put money down in the beginning isn't that the same as paying that much additional throughout the duration of the lease. Lets say that with 0 down the payment is 1115 per month. Yet with 5000 down the payment is roughly 200 lower per month  918. All these #'s are based on a 30 month 15k/year lease, 63000 msrp, .00305 rate. My thinking that the 200 per month saved times 30 months is $6000. Therefore an up front savings of $1000. Though at this point you can figure in the time value of money. Please set me straight if i am on the wrong page.
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Replying to: slykmr (Jan 09, 2006 5:00 pm) You really shouldn't make any downpayment on a lease, though.. If something were to happen to the vehicle early in the lease term (accident or theft), resulting in a total loss, you won't get any of that downpayment money back... A $5000 downpayment on a car that you only lease for 3-4 months would make for a pretty high monthly cost.. regards, kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Jan 10, 2006 3:44 am) I would like to pay the taxes upfront to keep the monthly payment down. $999 looks better to the wife than $1200. Does the above also apply here?
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Replying to: josegura (Jan 10, 2006 1:54 pm) But, overall this risk, while real, is fairly low... I understand exactly what you mean about the how the payment looks to your spouse... You have to do what works for you...  regards, kyfdx Host-Prices Paid Forums |
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Replying to: josegura (Jan 10, 2006 1:54 pm) |
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Due to the money factor or what? The drop in residual from a 30 month lease to a 36 month lease was some 14% or some ridiculous number.
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Replying to: slykmr (Jan 10, 2006 4:36 pm) |
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