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Land Rover Range Rover/Sport Prices Paid and Buying Experience

334 messages,  Last post on Nov 01, 2009 at 11:05 AM

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


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#283 of 334
Lease $ I am being Qouted by shimp
May 11, 2008 (6:12 am)
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Thanks for the great help I get on these forums.
 
I am looking to lease a RRS and these are the lease quotes.
 
24mo. 12k Miles RRS with rear entertainment and Luxury Quoted $58000 $1034 per mo. no money out of pocket
 
Same deal 30months $940.00 both include my local tax 7%
 
---OR--
 
RRS Supercharged Loaded (Owners demo with 7K miles) - Quoted $67,000 24mo. 12K $1340 or $1064 30mo.
 
Just wondering if this is a good deal?
 
Thanks SO much!!
 
Jim
#284 of 334
Shall I by an x5 4.8 OR Rover Sport? need to know soon! by kpeters
May 21, 2008 (9:53 am)
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Hello I have been looking at the 07 or 08 bmw x5 4.8 and Range Rover Sport, I like both and pluses and minues to both. I need to decide in next few days,,
  
x5--I like the performance, german design, especially the interior! my wife said though it looks more like a soccer mom's car which I dont agree with given its a 4.8 which I think looks cool and masculine. I have mostly seen guys drives these..
Range Rover Spor--I love the exterior look of these! Hate the interior, very booring and all plastic. Handeling is pretty good for a large SUV but no as agile as the x5.
  
 any help and or advice is much appreciated!! thanks
#285 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [kpeters] by gtmaguire
May 21, 2008 (2:32 pm)
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Replying to: kpeters (May 21, 2008 9:53 am)

I would definitely go with the RRS. I agree with your wife the bmw, lexus, infiniti's all look like soccer mom cars to me. But I am biased too I do not like BMW's at all. I think the Porsche Cayenne is one of the ugliest/boring cars ever designed by Porsche. I bought my wife a red RRS and me a blue one. I am a huge Land Rover fan. Also if ego plays a part (and it does a bit with me!) No one looks at a bmw (imo), everyone looks at a Range! Go with the luxury package too. I love my SUVs.
#286 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [kpeters] by bmlexus
Jun 13, 2008 (3:25 pm)
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Replying to: kpeters (May 21, 2008 9:53 am)

Hi Its been a long time you never came back to reply.
 
I remember writing you a post in the x5 forum
 
I am very curious to know what you bought because my choice is x5 and my friend considers the RRS and you liked both of these cars.
 
BTW has anyone recently bought a RRS if yes please share your experience in DETAIL please.
 
Lately this forum is dead.
#287 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [kpeters by user124
Jun 20, 2008 (9:03 am)
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I leased a RRS at the beginning of the month, but I was coming out of an RRS lease so I don't know how much my experience will help. I always liked the RRS, looked at the X5 and Q7 and liked some things more, others less, and overall I thought the RRS was simply far better looking, and I occasionally go on the beach with it and the X5 and Q7 would be in the Atlantic somewhere (or still trying to get itself out of the sand) if you tried that. I did not even go to the dealer, they picked up the old one and brought the new one (same color!).
 
  As far as terms, I paid $58.2K. As a returning RRS owner, though, that was knocked down an additional $3K. So, apart from being a better truck, the price was unbeatable (24 mo./10.5K miles) at $725/mo plus tax, and way cheaper than my existing 2006, 27 month lease.
#288 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [kpeters [user124] by roverboy
Jun 20, 2008 (10:25 am)
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Replying to: user124 (Jun 20, 2008 9:03 am)

Was that price for luxury package? and no down payment? $725 plus tax is best price I've seen if it's luxury.
#289 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [roverboy] by user124
Jun 23, 2008 (10:58 am)
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Replying to: roverboy (Jun 20, 2008 10:25 am)

It was the luxury -- you basically cannot buy a RRS around these parts without the lux package and sat radio unless you order it from the factory. The price is a reflection of the low deal price with the $3,000 returning owner incentive and the very high residual (69%) on a LR finance lease. The purchase price worked out to $55.2K vs. $62.4K sticker.
#290 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [user124] by awedio
Jun 23, 2008 (11:28 am)
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Replying to: user124 (Jun 23, 2008 10:58 am)

if I understand correctly, you're saying you ended paying $55.2k, with no cap cost reduction with a monthly of 725 b4 taxes?
 
do you know what your money factor was?
 
my rough estimates show a money factor of approx .00125
#291 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [user124] by awedio
Jun 23, 2008 (11:29 am)
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Replying to: user124 (Jun 23, 2008 10:58 am)

are you by any chance in so. cal?
if so, what dealership?
#292 of 334
Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [awedio] by user124
Jun 23, 2008 (12:52 pm)
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Replying to: awedio (Jun 23, 2008 11:29 am)

The vehicle was from the NYC dealer, but there was nothing particularly special about the terms. This is an off-the-rack LR Finance lease. I don't know if the June terms are the same, but a 24 month/10,500 mile per year LR Finance lease was 0.00224 money factor and 69% residual. The residual is 1% higher for a 12,000 mile lease. Pretty much all dealers were offering mid 58K selling price without even negotiating hard. The $3,000 incentive came off whatever the best price you could find.
 
  I paid no money down, but in NYC you have to pay the sales tax upfront. Adding in a few dealer accessories, my net purchase price was $55.4K.
 
  I am not sure how your estimate yielded a .00125 money factor. At 69% residual, the terminal value is 43,056, meaning there is 12,344 of depreciation to be financed. The 0.00224 money factor yields a finance charge of 5,293. So, there are a total of 17,637 in lease payments over 24 months, or $735/mo.

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