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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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#51 of 384 Re: RRS Supercharged Lease [dallasrange] by Car_man HOST Jan 30, 2006 (3:34 am)
Replying to: dallasrange (Jan 21, 2006 1:42 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 384 Re: Upfront Lease on RRS [Car_man] by tallwoods Jan 30, 2006 (6:41 am)
Replying to: Car_man (Jan 30, 2006 3:22 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 2:48 am) tallwoods (Jan 31, 2006 11:22 am) kyfdx (Jan 31, 2006 1:16 pm) Car_man (Feb 17, 2006 2:35 am)
#53 of 384 Re: Upfront Lease on RRS [tallwoods] by Car_man HOST Jan 31, 2006 (2:48 am)
Replying to: tallwoods (Jan 30, 2006 6:41 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 11:22 am) kyfdx (Jan 31, 2006 1:16 pm) Car_man (Feb 17, 2006 2:35 am)
#54 of 384 Re: Upfront Lease on RRS [Car_man] by tallwoods Jan 31, 2006 (11:22 am)
Replying to: Car_man (Jan 31, 2006 2:48 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 1:16 pm) Car_man (Feb 17, 2006 2:35 am)
#55 of 384 Re: Upfront Lease on RRS [tallwoods] by kyfdx HOST Jan 31, 2006 (1:16 pm)
Replying to: tallwoods (Jan 31, 2006 11:22 am) Okay..... What is the MSRP?
#56 of 384 Re: Land Rover Range Rover Sport: Lease Questions [surfd90] by chevallier Feb 06, 2006 (3:08 pm)
Replying to: surfd90 (Aug 31, 2005 8:17 am) Looks like your money factor is .00273 which translates to about 6.54%. I think the rate is a little high. I went to Leasetrader.com and saw someone trying to get rid of a RR Sport HSE for $975/mo. Go to http://www.leasetrader.com/auto/lease/search/2006_Land_Rover_HSE_Sport_Utility_V- 8_93741.xhtml. Personally, I think you can do better, but I guess it depends on the market conditions in your area. By the way, both the residual and the money factor can be negotiated. Best of Luck! Replies to this message: eights38 (Feb 06, 2006 7:53 pm)
#57 of 384 Re: Land Rover Range Rover Sport: Lease Questions [chevallier] by eights38 Feb 06, 2006 (7:53 pm)
Replying to: chevallier (Feb 06, 2006 3:08 pm) Chevallier-   The residual and money factor are not negotiable. The bank sets the residual and money factor based on market conditions. The residual is adjusted to reflect different amounts of mileage. For example, a 15k mile per year lease will have a lower residual and a higher payment than a comparable 12k mile per year lease. In regard to the money factor, it can change depending on mileage. For example, Land Rover could offer a better money factor (lower money factor) on a 36 month lease than it does on a 24 month lease or vice versa. It all depends on market conditions. Also, prepaying a lease will in turn reduce your money factor by a bank determined reduction in the money factor because the bank is taking less risk and knows that all payments will be met. Hope this helps.
#58 of 384 Credit Score by jbratx Feb 10, 2006 (8:20 pm)
What's the average credit score of those who purchase cars from Land Rover?
#59 of 384 Re: Upfront Lease on RRS [tallwoods] by Car_man HOST Feb 17, 2006 (2:35 am)
Replying to: tallwoods (Jan 31, 2006 11:22 am) I see, tallwoods. I knew that the Range Rover Sport was selling well and that Land Rover dealers would probably try to get as much as they could for it, but I didn't realize that they weren't providing any sort of discounts at all. If you were to lease a 2006 Land Rover Range Rover Sport HSE with an MSRP and selling price of $58,050 through Land Rover's captive finance company right now for 48 months with 15,000 miles per year, its zero down, pre-tax monthly payment should be around $921.   Car_man Host Smart Shopper / Prices Paid Forums
#60 of 384 Holy Moly by monkeyshift Feb 20, 2006 (2:56 pm)
Here's what they're telling me to lease one of these RR Sport HSE's.   MSRP 61,400 (Base plus the luxury seating package) Cap cost-- 60,000   36 mos/ 10,500 miles/ 2K out the door. (I have excellent-plus credit)   $1,070 a month!!! (CA tax included) That seems crazy for a 60K truck with incredible residual potential.   is this right Car Man? I got quoted $895 all in on a Cayenne S that costs five grand more and just a few months ago, my brother leased a 745li (MSRP 78K) for 36 months with 2 grand out the door for 1140 a month! Just a few dollars more...   Holy Moly! This can't be right. Please tell me this dealership in thousand oaks is just yanking my chain. Or is it cuz the car's so hot? seems crazy.   Is there any way to find this car in the high eight hundreds or even low nine's without putting more money down? That seems like what a truck in the 60 thousands should lease for, or am I crazy?   Thanks for your help! Replies to this message: british_rover (Feb 24, 2006 2:39 pm) monkeyshift (Feb 25, 2006 10:46 am) cars_n_cars (May 31, 2006 9:56 am)

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