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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

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, Land Rover Range Rover, SUV


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#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.
#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)
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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)
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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)
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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)
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How come none of new RRS owners post thier experience here...
#297 of 334
Re: [bmlexus] by kyfdx HOST
Aug 20, 2008 (6:23 pm)
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Replying to: bmlexus (Aug 20, 2008 6:17 pm)

Busy running back and forth to the service department?
#298 of 334
Re: [kyfdx] by gtmaguire
Aug 21, 2008 (12:51 pm)
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Replying to: kyfdx (Aug 20, 2008 6:23 pm)

Well I will give my feed back on my buying experience. I have two 2008 RRS's. I paid $67,000 including tax, tags and title, in the new york area with, rear dvd, luxury interior, satellite, running boards, and a few other insurance packages. I purchased the vehicles in April and received the buyer loyalty discount. Prior to owning RRS's I had a discovery. The main reason I bought the brand again was because of the service I received on my first vehicle. Both of my suv's have about five thousand miles on them.
 
Pros: My wife and I love the cars. The style simply sets them apart from other SUV's in the luxury class. The interior is wider than the discovery and very comfortable for an adult to sit in between. Also if you have kids the reason we did not get the RR was due to the difficulty of moving the car seats in and out of the vehicle. When we finally got the seats in it was also a tighter fit in the middle. It has the sport transmission used once, nice feature if you off road I guess. The car raises and lowers for access and off-roading respectively. Which I enjoy, the access part at least, I don't know if it will ever see real dirt... It has cool transmission features for different terrain conditions, admittedly not getting much use. The driver and passenger seats are very comfortable and recline nicely for long road trips. There are also very few blind spots while driving. The SUV has a very smooth ride. There is a refrigerator between the driver and passenger seats which is nice to keep things cool. Service, they come and pick the vehicle up, give you a loaner and bring it back. To me that is nearly priceless.
 
Cons: The first con is lack of space in the rear. There is significantly less room than we had in the Discovery. We have an extremely large dog which we now have difficulty travelling with when we try to bring luggage. The fridge does not cool anything down, if it is not cold going in, it is going to take hours to get cold. Soda in the fridge for three hours and it was slightly chilled. The fridge should also have a pull out liner so when you spill the kids milk in it you can take it out to clean! I-pod integration is a joke, basically a jack in the back seat you plug your I-pod into. This is in need of serious improvement. The I-pod does not integrate into the sound system so you still need to have access to it to change songs, etc.
 
OKS: Navigation system is ok, not the best I have used. Gas mileage is about 13-15 mpg average. The phone blue tooth integration is adequate though sometimes people have difficulty hearing me.
 
Problems: The only problem so far has been with the DVD player in one of the SUV's this was a problem when we bought the car. It needed to be replaced.
 
If I think of anything else I'll add it... Still highly recommend the car!
#299 of 334
Just leased RRS by mmalonso
Sep 29, 2008 (7:47 am)
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Just leased an 08 RRS in So Cal. $63k list, $56k purchase price, 48 month lease with US Bank, $830 a month plus tax. Residual is brutatl right now, in the 32% range and the money factor was around .0020. Hope this helps people, its the best I could find around Los Angeles.
#300 of 334
PRice check by joec1347
Oct 01, 2008 (11:55 pm)
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I am looking into purchasing this used 08 rr sport no lux package with 9800 miles on it. It's in average condition nothing major. They are asking 45000 for it. I would like to know what i should expect to pay before i go in and try to negotiate. I would really like the wood grain and w/o the package i know i am giving in. Anybody with any help is appreciated

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