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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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#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)
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. Replies to this message: user124 (Jun 23, 2008 10:58 am) awedio (Jun 23, 2008 11:28 am) awedio (Jun 23, 2008 11:29 am) user124 (Jun 23, 2008 12:52 pm) and 2 more...
#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)
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. Replies to this message: awedio (Jun 23, 2008 11:28 am) awedio (Jun 23, 2008 11:29 am) user124 (Jun 23, 2008 12:52 pm) awedio (Jun 23, 2008 3:32 pm) awedio (Jun 23, 2008 4:44 pm)
#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)
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)
Replying to: user124 (Jun 23, 2008 10:58 am) are you by any chance in so. cal? if so, what dealership? Replies to this message: user124 (Jun 23, 2008 12:52 pm) awedio (Jun 23, 2008 3:32 pm) awedio (Jun 23, 2008 4:44 pm)
#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)
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. Replies to this message: awedio (Jun 23, 2008 3:32 pm) awedio (Jun 23, 2008 4:44 pm)
#293 of 334 Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [user124] by awedio Jun 23, 2008 (3:32 pm)
Replying to: user124 (Jun 23, 2008 12:52 pm) thx 4 the detailed reply. 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.
#294 of 334 Re: Shall I by an x5 4.8 OR Rover Sport? need to know soon! [user124] by awedio Jun 23, 2008 (4:44 pm)
Replying to: user124 (Jun 23, 2008 12:52 pm) you are correct, my calculation's were completely off thx for the detail
#295 of 334 Bought an o8 RRS Supercharged in May by nomox5 Jul 05, 2008 (1:31 pm)
Replying to: bmlexus (Jun 13, 2008 3:25 pm) I'm new here, what info is helpful?   Selling price was $72,400 leased it for $1000 down and 1st payment 24 months - $1299 a month with tax.
#296 of 334 by bmlexus Aug 20, 2008 (6:17 pm)
How come none of new RRS owners post thier experience here... Replies to this message: kyfdx (Aug 20, 2008 6:23 pm) gtmaguire (Aug 21, 2008 12:51 pm)
#297 of 334 Re: [bmlexus] by kyfdx HOST Aug 20, 2008 (6:23 pm)
Replying to: bmlexus (Aug 20, 2008 6:17 pm) Busy running back and forth to the service department? Replies to this message: gtmaguire (Aug 21, 2008 12:51 pm)

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