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Land Rover Range Rover Sport Lease Questions

285 messages,  Last post on Aug 04, 2008 at 2:21 AM

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What is this discussion about? Land Rover Range Rover Sport, Car Leasing, SUV

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#46 of 285 Re: RRS Supercharged Lease [acuranavi] by dallasrange Jan 21, 2006 (2:42 pm)
Replying to: acuranavi (Jan 18, 2006 11:48 pm) OK guys great thread and very helpful   Couple things off topic before i get into the lease. The dealer here in Dallas told me that if i purchase a car from another dealer I will NOT get a car while my car is being serviced. I own and owned many luxery cars Mercedes/BMW/Porsche and never heard of such a thing before. Is this true?   I was also told at the same dealership that a RRS lease for 36 months zero down would cost me about 1200... reading this thread i see that is crazy. Im not idiot but to me this sounded way to high so i left and decided to do some research. I usually buy but i end up loosing since i keep them for 3 years and get something new anyways.   30-36 months $3000 total out of pocket 13-15K miles (really need 15k) I have perfect credit around 750-780 FICO   Lease question is:   I want to do a 32-36 month lease on a RRS with no more than $3000 out of my pocket including taxes and any first payments up front. The options and prices cut and pasted from rover is as stated:   Range Rover Sport HSE Base MSRP $57,250        Colors - Edit Rimini Red $0 Alpaca Seats/Alpaca Carpet $0        Options - Edit Rear Seat Entertainment $2,500 Satellite Radio $400 Personal Telephone Integration $400 Cold Climate Package TOTAL COST: $61850   Can someone please assist me and tell me what I should or shouldnt pay for this car. I would really like to stay in the 850 range taxes and all a month.   THANKS IN ADVANCE! Replies to this message: Car_man (Jan 30, 2006 4:34 am)
#47 of 285 Re: Upfront Lease on RRS [tallwoods] by Car_man HOST Jan 30, 2006 (4:22 am)
Replying to: tallwoods (Jan 04, 2006 12:38 am) Hi tallwoods. There definitely are some things that I don't like about this deal. First, I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for Range Rover Sport would be exactly the same, regardless of whether you had put $5,000 down, or had made absolutely no down payment at all.   Also, 60 months is way too long to lease any vehicle for. I don't even know if Land Rover will lease their trucks for that long a term. Locking into such a long lease, makes it more likely that you will need to get out of your deal early than if you had leased for a shorter term. Getting out of leases early is usually very expensive to do. You would be much better off leasing the Range Rover Sport that you are interested in for 48, 39, or 36 months.   I'd be happy to run some calculations for you and let you know what this truck's lease payment should be like right now if you tell me its full MSRP.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: tallwoods (Jan 30, 2006 7:41 am) Car_man (Jan 31, 2006 3:48 am) tallwoods (Jan 31, 2006 12:22 pm) and 2 more...
#48 of 285 Re: RR Sport Quote [atsu888] by Car_man HOST Jan 30, 2006 (4:25 am)
Replying to: atsu888 (Jan 16, 2006 2:06 pm) Hi atsu888. You never mentioned the selling price of the truck that you are interested in leasing. This is an important number 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 the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion on this lease if you let me know what the selling price is.   Car_man Host Smart Shopper / Prices Paid Forums
#49 of 285 Re: RRS Leasing in betwen two states [hvf] by Car_man HOST Jan 30, 2006 (4:27 am)
Replying to: hvf (Jan 16, 2006 6:08 pm) Hi hvf. I am not personally familiar with how sales tax is calculated on leased vehicles in Florida. You may be able to find out by visiting one of the following links: Florida Department of Highway Safety & Motor Vehicles or State of Florida Department of Revenue.   Car_man Host Smart Shopper / Prices Paid Forums
#50 of 285 Re: RRS Supercharged Lease [acuranavi] by Car_man HOST Jan 30, 2006 (4:28 am)
Replying to: acuranavi (Jan 18, 2006 11:48 pm) Hey Steve. Here's the information that you are looking for. If you were to lease a 2006 Range Rover Sport Supercharged through Land Rover Capital Group right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00305 and 59%, respectively.   Car_man Host Smart Shopper / Prices Paid Forums
#51 of 285 Re: RRS Supercharged Lease [dallasrange] by Car_man HOST Jan 30, 2006 (4:34 am)
Replying to: dallasrange (Jan 21, 2006 2:42 pm) Hi dallasrange. Whether you get a loaner car while your vehicle is in for service is really up to the dealer that you use for service. Your local Land Rover dealer certainly has the right to restrict the use of loaners to people who have purchased their car from their store if they choose to. If you don't believe the salesperson who told you this, you can always place an anonymous call to the service department saying that you bought your truck at another dealer, but want to have it serviced there and need a loaner and see what happens.   Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I would be happy to give you an idea of what this truck's lease payment should be like. However, in order for me to do so I need you to tell me its selling price. You can get an idea of how much you should pay for this truck by shopping around, or possibly by visiting the following discussion: "Land Rover Range Rover/Sport: Prices Paid & Buying Experience". Let me know what this number is and I'll use Land Rover's actual lease program to tell you what your lease payment should be.   Car_man Host Smart Shopper / Prices Paid Forums
#52 of 285 Re: Upfront Lease on RRS [Car_man] by tallwoods Jan 30, 2006 (7:41 am)
Replying to: Car_man (Jan 30, 2006 4:22 am) Thanks Car Man. I've edited my parameters. What I am looking at is the base model with a locking rear diff option, that's about it.   Purchase price, $58,050 (not including taxes, etc..) Down payment: $1000 (to cover taxes, fees, etc) lease term: 48 months Mileage: standard 15,000/yr   In your calculation, can you list the money factor you use, and where you got it?   Regards,   NW Replies to this message: Car_man (Jan 31, 2006 3:48 am) tallwoods (Jan 31, 2006 12:22 pm) kyfdx (Jan 31, 2006 2:16 pm) Car_man (Feb 17, 2006 3:35 am)
#53 of 285 Re: Upfront Lease on RRS [tallwoods] by Car_man HOST Jan 31, 2006 (3:48 am)
Replying to: tallwoods (Jan 30, 2006 7:41 am) No problem, tallwoods. In your most recent post you mentioned the selling price of the new truck that you are interested in, but you never mentioned its MSRP. I need both of these numbers to estimate what your monthly lease payment should be for you. For now, I can tell you that Land rover Capital Group's current buy rate lease money factor and residual value for a 48 month lease with 15,000 miles per year of a 2006 Land Rover Range Rover Sport HSE are .00303 and 45%, respectively. Once you let me know the MSRP, I'll tell you what this truck's payment should be like.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: tallwoods (Jan 31, 2006 12:22 pm) kyfdx (Jan 31, 2006 2:16 pm) Car_man (Feb 17, 2006 3:35 am)
#54 of 285 Re: Upfront Lease on RRS [Car_man] by tallwoods Jan 31, 2006 (12:22 pm)
Replying to: Car_man (Jan 31, 2006 3:48 am) Ah, okay on this vehical the MSRP is the same as the selling price. There are no deals. In fact, I'm told that just getting it at MSRP is a deal Replies to this message: kyfdx (Jan 31, 2006 2:16 pm) Car_man (Feb 17, 2006 3:35 am)
#55 of 285 Re: Upfront Lease on RRS [tallwoods] by kyfdx HOST Jan 31, 2006 (2:16 pm)
Replying to: tallwoods (Jan 31, 2006 12:22 pm) Okay..... What is the MSRP?

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