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Land Rover LR3: Lease Questions

566 messages,  Last post on Aug 04, 2009 at 9:28 AM

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What is this discussion about? Land Rover LR3, Car Leasing, SUV


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#517 of 566
Re: Leasing need quick advice [squealpigs] by Car_man HOST
Apr 22, 2008 (1:36 am)
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Replying to: squealpigs (Apr 13, 2008 5:10 am)

Congratulations on getting your new truck, squealpigs. Make sure to stop on over to the Dealer Ratings & Reviews to share your thoughts on your recent dealer experience with others. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#518 of 566
2006 LR3 lease almost up by mrchili
Apr 28, 2008 (12:38 pm)
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Carman-
My lease is almost up on my 2006 LR3 SE, I had a 24mo 12k yr, and I'm confused on the price of another lease. My 2006 MSRP was $50600, purchase price $47k and my pyt was $531.17 w/$3564.67 down which included everything (1st pyt, motor vehicle, bank fee, doc fee, reg fee, sec deposit). I'm now being told that a 2008 LR3 with the same features (tech pkg) is $744.26 w/$2188.76 due at signing for 24mo's 10500 miles. How could the LR3 go up that much? is this right ??
 
At the same point they tell my the RR Sport is $729mo w/$3472.45 due at signing for 24mo and 10500yr. If you add all the numbers up the Sport is only $917.45 more over 2yr's......DUH, which one sounds better????
 
btw....my current LR3's tires are totally worn on the inside due to a factory issue and they offered to split the $2k cost with me. It has 19k miles and I'm giving it back in a month and they want $1k because of a factory problem...has anyone ran into this problem????
#519 of 566
Re: 2006 LR3 lease almost up [mrchili] by bgsntth
Apr 30, 2008 (10:54 am)
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Replying to: mrchili (Apr 28, 2008 12:38 pm)

I do not think there is any factory support right now on leases, so the money factor, lease cash and residual may all be effected. In 2006 they seemed to have a plethora of LR3's and no Sports. Now it seems reversed, plus the RRS has a better resale value-one of the best I've read.
 
I have an unblievable lease on my 2006 as well, which I do not anticipate replicating when I turn ours in next year. Especially as I've read that only a fully-painted Gucci HSE version of the LR3 will be available.
 
I would replace the GY's with the cheapest tires that fulfill LRNA's minimum req's, which I believe are HR rated and 110LI. Toyo's Open Country HT comes to mind, and is actually a better tire regardless, or the ST http://www.treadepot.com/tirelist.html
 
Or the new Kumho Road Venture, which Tirerack has for only $116 a piece. http://www.tirerack.com/tires/Sizes.jsp?make=Kumho&model=Road+Venture+APT+KL51
#520 of 566
Re: 2006 LR3 lease almost up [bgsntth] by british_rover
May 01, 2008 (9:41 am)
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Replying to: bgsntth (Apr 30, 2008 10:54 am)

The 2008 LR3 will come in just LR3, LR3 HSE and LR3 HSE LUX trim levels.
 
The 2009 LR3 is essentially what a LR3 SE is now.
#521 of 566
LR3 HSE May 2008 Lease Rates by claimguru
May 03, 2008 (12:13 pm)
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Can anyone tell me the new lease rates for May 08 for LR3 HSE for 15,000 miles yearly for both 24 and 36 months?
#522 of 566
2008 LR3 HSE LEASE DEAL by claimguru
May 03, 2008 (12:24 pm)
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I received a deal today for a 2008 LR# HSE fully loaded (except entertainment system) and was wondering if it is a good deal for 36 months
 
msrp 55200
purchase price 52200
total capital cost of 45759.95 (includes 7500.00 discount from lease company)
acquisition fee 695
fees and ins 599.95
residual 43%
15,000 miles year
with 1424.04 down
monthly payments included tax 802.45
 
Would like to close the deal tomorrow 5/4/08
#523 of 566
LR3 Lease by fallon511
May 04, 2008 (5:51 am)
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I have been offered $ 7500.00 discount (non Land Rover lease). So did you negotiate your price over and beyond the 7500 discount?
#524 of 566
Re: LR3 HSE May 2008 Lease Rates [claimguru] by Car_man HOST
May 15, 2008 (1:39 am)
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Replying to: claimguru (May 03, 2008 12:13 pm)

Here's the latest information, claimguru. Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Land Rover LR3 HSE with 15,000 miles per year are .00001 and 54%, respectively. The numbers for an otherwise identical 36 month lease are .00092 and 44%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#525 of 566
Re: 2006 LR3 lease almost up [mrchili] by xsaluki
May 28, 2008 (10:33 am)
Reply

Replying to: mrchili (Apr 28, 2008 12:38 pm)

btw....my current LR3's tires are totally worn on the inside due to a factory issue and they offered to split the $2k cost with me. It has 19k miles and I'm giving it back in a month and they want $1k because of a factory problem...has anyone ran into this problem????
---------------------
 
Yes. I have the same problem. $1400 was the cost quoted to me. It is obvious that the air suspension doesn't align properly when driving at normal speeds.
 
They just decided to tell me at my last service before I return mine. They knew of an issue on my last LR related to breaks, denied it at purchase time and then wanted money at returned time.
 
I will never do business with LR again. I can take mistakes, but the lying is another thing.
#526 of 566
Re: 2006 LR3 lease almost up [mrchili] by jayrod422
Jul 01, 2008 (1:12 pm)
Reply

Replying to: mrchili (Apr 28, 2008 12:38 pm)

My 2006 lr3 se had the factory tire issue also.. My dealership told me that I would only have to pay for 1 tire. The other 3 and the install costs would be picked by them and landrover..
 
Bring up the class action lawsuit with them and tell them you will pursue it against the dealership and landrover... My dealership tried pulling this crap with me but once I started talking lawsuit and class action things changed very quickly..

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