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Land Rover Range Rover Sport Lease Questions

384 messages,  Last post on Nov 29, 2009 at 3:07 PM

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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#327 of 384
Current MF/Residuals by roverdude
Apr 04, 2009 (5:12 pm)
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Does anyone know the current MF/Residuals for RR Sport HSE and SC for 24/36 months 15K/yr?
#328 of 384
Range Rover Sport Supercharged lease questions by milti
Apr 05, 2009 (4:48 pm)
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Dear Carman, and/or KYFDX,
 
I'm looking into leasing a 2009 Range Rover Sport SuperCharged SUV. I'm interested in a 36 month 15,000 miles per year lease. Do you have the money factor and residuals (%) for April?
 
From information gathered from Edmunds, the dealer is currently receiving $5,000 marketing support dollars for purchase or lease of this vehicle. If I used the TMV caluclator and came up with a TMV of $65,000, which is down from an MSRP of $71,000, can I subtract the $5,000 from the $65,000 (=$60,000) and make my lease caluclations based on $60,000?
 
Thanks for your help, it's always appreciated!
#329 of 384
Re: RRS HSE/Supercharged [alexkoper] by Car_man HOST
Apr 06, 2009 (2:14 am)
Reply

Replying to: alexkoper (Mar 16, 2009 11:31 am)

Hi Alex. Land Rover's current special buy rate lease money factor and residual value for a 36 month lease of a 2009 Range Rover Sport HSE with 15,000 miles per year are .00007 and 47%, respectively.
  
The numbers for an otherwise identical lease of an '09 Range Rover Sport SC are .00058 and 49%.
  
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#330 of 384
Re: Current MF/Residuals [roverdude] by Car_man HOST
Apr 06, 2009 (2:51 am)
Reply

Replying to: roverdude (Apr 04, 2009 5:12 pm)

Hey roverdude. Here's the information that you're looking for. Land Rover's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Range Rover Sport HSE with 15,,000 miles per year are .00017 and 58%. The numbers for an otherwise identical 36 month lease are .00007 and 47%.
 
Land Rover's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Range Rover Sport SC with 15,,000 miles per year are .00022 and 58%. The numbers for an otherwise identical 36 month lease are .00058 and 49%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#331 of 384
Carman a little help :) by eddie33081
Apr 06, 2009 (8:32 pm)
Reply
Hello Carman,
 
Im looking at a 2009 Ranger Rover Sport HSE with luxury package 62,150.
36month/12k mileage. Im in Los Angeles,
 
Can you give me the residual and money factor? Can you explain this incentive:
 
"$5000 Dealer Cash is available toward the retail purchase or lease of a 2009 Ranger Rover Sport model. See dealer for complete details."
 
What would be a reasonable buying price on this car?
 
Thanks!
#332 of 384
Is this a good deal?? by kingpin3003
Apr 11, 2009 (9:40 pm)
Reply
2009 RR Sport Cold Climate Package $60,850.00
10,500miles 48month lease
$7000.00 down
$599.00 a month
IS THIS AGOOD LEASE?
 
Also if someone could explain what is the residual value?
 
Thanks for any help given.
#333 of 384
doesnt sound that good by eddie33081
Apr 11, 2009 (11:46 pm)
Reply
Hey Kingpin.
 
That doesnt sound like a good deal to me. You never want to put that much money down on a lease.
 
Im at 1500 Total drive off, 725$/mo 10k mi 36months on a 62250 msrp car
#334 of 384
quote Today 2009 LRSport HSE lux package by wregan
Apr 12, 2009 (5:07 am)
Reply
just got back from dealer in NY... 36 month lease .00007 and .49 residual, no cap reduction and dealer gave me an 881/mo quote (works out to about 59,500 selling price). also seeing deal in paper and on web for a $799 a month 36 mo lease. that would equate to about a 58,000 selling price
 
What should i be able to get the selling price to (given that its going into a 36 month lease program)? Thanks all -WR
#335 of 384
Re: doesnt sound that good [eddie33081] by wregan
Apr 12, 2009 (5:11 am)
Reply

Replying to: eddie33081 (Apr 11, 2009 11:46 pm)

Hi Eddie,
 
i just saw your post after i posted mine... if you're at 725 then that equates to a selling price of 55,300... that's a great price. May i ask what dealer you got it from? I need to be in a car this week, my lease is up tomorrow. Thanks -WR
#336 of 384
paying too much by eddie33081
Apr 12, 2009 (9:12 am)
Reply
Hey guys.
 
The dealer Im working with is in the Los Angeles area. Three separate dealers are willing to match that in this area. I havent been able to get lower so far. I believe it is the car at invoice with their best lease rates. 1500 is no cap reduction so it is the minimum drive off.
 
The best thing to do is use edmunds quote and let them know you have it at this price and if they can match it. Most likely they will as they want to move the unit.
 
The new 2010's have improved the interior of these things so the 2009's are being moved at much lower prices. The body stays the same so it is a good value.
 
Wregan, the dealer quote you received started above their advertised price which already sounds like someone you want to stay away from.
 
-ed

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