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Prices Paid: Buying & Leasing Experiences Land Rover Range Rover/Sport Prices Paid and Buying Experience
334 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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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.
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Replying to: user124 (Jun 20, 2008 9:03 am)
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Replying to: roverboy (Jun 20, 2008 10:25 am) |
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Replying to: user124 (Jun 23, 2008 10:58 am) do you know what your money factor was? my rough estimates show a money factor of approx .00125 |
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Replying to: user124 (Jun 23, 2008 10:58 am) if so, what dealership?
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Replying to: awedio (Jun 23, 2008 11:29 am) 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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Replying to: user124 (Jun 23, 2008 12:52 pm) I believe the 69% residual is for a 10.5k mile lease & .00224 is the dealer buy rate MF Without trying too hard (in So Cal) the RRS HSE can be had for 500 over invoice. I will re-check my math as to payments. |
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Replying to: user124 (Jun 23, 2008 12:52 pm) thx for the detail |
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Replying to: bmlexus (Jun 13, 2008 3:25 pm) Selling price was $72,400 leased it for $1000 down and 1st payment 24 months - $1299 a month with tax. |
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How come none of new RRS owners post thier experience here...
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