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Prices Paid: Buying & Leasing Experiences Land Rover Range Rover/Sport Prices Paid and Buying Experience
333 messages, Last post on Nov 01, 2009 at 11:05 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: flugel (Feb 13, 2008 11:25 am) Are you serious? The Range Rover Sport is Land Rover's best selling model in the US and one of the hottest SUVs on the market even two and a half years after it came out. Only about 3,000 Supercharged Sports are brought into the US a year and there are no incentives on them so I don't see any dealer selling one for a few hundred over invoice.
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Replying to: british_rover (Feb 17, 2008 8:39 am) |
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hello, I would like to hear thoughts/opinions on deal I have with a dealer here in Boston. Lease-RRS HSE 08, Black/Ivory, Lux pkg, Sirius radio. MSRP - $62,400 48 mth/12K, $3000 cap reduction, MF - 0.0017, Residual = 41%, $730 mth plus 5% tax.
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Replying to: hkrange (Feb 19, 2008 11:40 am)
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Replying to: roverboy (Feb 19, 2008 12:34 pm) That is not a deal it is just the way a Sport leases. Pull that 3,000 dollars of cap cost out and add in sales tax to the lease and you will be at over 1,000 dollars a month.
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Replying to: british_rover (Feb 19, 2008 12:37 pm) |
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| Hi, I'm new to the board but have been lurking for a while. I live in the L.A. area and was hoping someone could help me find out what the current Money Factor and Residual are for an 08 Sport. I was quoted a MF of .00310 and a Residual of 63%. The dealer has dropped the price from 62k to 59k without any negotiation on RRS with Luxury and cold weather packages. $5,000 drive off $875 plus tax and 10,500 miles per year for 30 months. Is this even in the ballpark? The MF seems really high but the dealer said that's the base rate. Regards. Cenzo | |
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Replying to: cenzo323 (Feb 20, 2008 9:59 am) $875 + $65 tax + $166 (down payment divided by 30 months) = $1106. That is in the ballpark, but I would try to get it down to around $1050 per month. They are messing with you on the residual and MF. Interest rates are going way down. Do you plan on buying the truck after you lease? I've dealt with these leases for a long time, they always trick you. first decide if you are going to buy the car (or want the option to do it without getting raped) and then do the math. I would try to get out the door with $1050 per month and 2000 down out the door.
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Replying to: roverboy (Feb 20, 2008 11:28 am) Thanks again. |
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Replying to: roverboy (Feb 20, 2008 11:28 am) Secondly interest rates have gone down but Land Rover lease programs are quarterly and the big interest rate drops happened after the start of the quarter. Land Rover won't adjust the lease programs till after the end of the quarter. And lastly Land Rover leases are always going to be higher on a similar MSRP vehicle compared to BMW, Audi, Mercedes etc. because Land Rover's volume is so much lower. Land Rover can't afford to put all the incentives behind the lease that the other makes do. |
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