Ask the Car People.SM


Land Rover Range Rover: Lease Questions

383 messages,  Last post on May 07, 2013 at 5:08 PM

You are in the Land Rover Forum.

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

Messages Page 37 of 39

#354 of 383 Need to Purchase by Sunday End of Day 2013 RR HSE SPORT LUX by calidallasgrl

Oct 25, 2012 (1:20 am)

Carman,
 
Hope you can help me!
 
I'm in California and I am negotiating a lease for either 36 months or 48 months on an HSE LUX SPORT. Are there any dealer incentives on this model? What is the money factor for 786 FICO, and what is the end of term? Can you comment on these deals below? My preference is $0 drive off ($0 down/$0 TTL), but I think that payment is still a little high. I think they can do better on my price and the money factor. Also, on the 48 month, the money factor should be LOWER, correct? Thanks for your feedback/help! I'm doing this for the first time so just learning all of this!
 
These are the options I've been quoted:
 
36 Months:
Factory Invoice - $61,833
MSRP: $66,795
What is my price? $64,032.75
What is the net cap cost? $64,032.75
I need to understand the residual – end of term? $38,741.10
I also need to know the money factor? .00199
$0 down plus drive off = $2,422.79 total due at signing
$907.07 plus tax = $977.37
 
36 Months:
Factory Invoice - $61,833
MSRP: $66,795
What is my price? $64,032.75
What is the net cap cost? $64,032.75
I need to understand the residual – end of term? $38,741.10
I also need to know the money factor? .00199
$0 down plus drive off = $0 total due at signing
Payment is $979.19 plus tax = $1,055.08 incl tax
 
48 months:
Factory Invoice - $61,833
MSRP: $66,795
What is my price? $64,032.75
What is the net cap cost? $64,032.75
I need to understand the residual – end of term? $33,397.50
I also need to know the money factor? .00210
$842.83 plus tax = $908.15 inc tax
$0 Downpayment, $2,352.93 drive off due at signing

#356 of 383 One more question.... by calidallasgrl

Oct 25, 2012 (1:51 am)

How do I make sure I know the exact dealer invoice price - I read that RR Sport has no dealer hold-backs. Is this accurate? The only options this car has are:
 
2013 Range Rover Sport-
  Fuji White exterior/Arabica interior
  Options- Angire wood, digital and satellite radio, and luxury interior pkg.
 
What's the best site to figure out the dealer invoice on this exact model?
 
Thank you!!!
 
-Kim

#357 of 383 Re: Chase's buy rate lease money factor and residual value [mmjones] by Car_man HOST

Oct 31, 2012 (2:58 pm)

Replying to: mmjones (Oct 24, 2012 9:00 pm)
Hi mmjones. Yes, California is one of the states that has the better lease program as well.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#358 of 383 Re: Need to Purchase by Sunday End of Day 2013 RR HSE SPORT LUX [calidallasgrl] by Car_man HOST

Oct 31, 2012 (3:14 pm)

Replying to: calidallasgrl (Oct 25, 2012 1:20 am)
Hello calidallasgrl. There is a $2,000 dealer cash incentive on this truck in California right now...however this cash is not compatible with its special lease program.
 
The money factors that you mentioned are way too high. Chase's current 36-month buy rate for a 2012 Range Rover HSE is only .00091 for consumers who qualify for its top credit tier.
 
It looks like the deals that you were offered were at around a little over $2,000 over invoice. That's not bad, but it is probably beatable if you're in an area that has a decent level of competition.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#359 of 383 2012 Range Rover HSE november rate by mikeb112

Nov 08, 2012 (4:36 pm)

I need Chase money factor and residual value for November 24-month lease on HSE or HSE LUX for 15k miles or 10k
 
thank you

#360 of 383 Re: Need to Purchase by Sunday End of Day 2013 RR HSE SPORT LUX [Car_man] by warbern

Nov 08, 2012 (4:38 pm)

Replying to: Car_man (Oct 31, 2012 3:14 pm)
Interested in a Range Rover HSE lease but only want 24 months. Is this still available in CA? If so, please let me know the MF and Residual for 10K and 12K/year. If not, what are the lease numbers for a 36 month? Also, what kind of negotiated discount could I expect off MSRP? Thank you so much.

#361 of 383 Re: Need to Purchase by Sunday End of Day 2013 RR HSE SPORT LUX [warbern] by mikeb112

Nov 08, 2012 (4:45 pm)

Replying to: warbern (Nov 08, 2012 4:38 pm)
i got $3k loyalty + $5k off msrp in ny today but 58% residual at 3.2% for 24m 10k
 
residual is very bad

#362 of 383 Re: 2012 Range Rover HSE november rate [mikeb112] by Car_man HOST

Nov 26, 2012 (4:54 pm)

Replying to: mikeb112 (Nov 08, 2012 4:36 pm)
Hi mikeb112. Chase's November buy rate lease money factor and residual value for a 24-month lease of a 2012 Land Rover Range Rover HSE with 15,000 miles per year are .00092 and 58%, respectively for consumers who qualify for its top credit tier.
 
The money factor for the HSE LUX is the same, but its residual value is 2% lower.
 
This is the lease program for most of the country, but it is enhanced to something a little better than this in certain states.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#363 of 383 Re: 2012 Range Rover HSE november rate [Car_man] by calidallasgrl

Nov 26, 2012 (5:03 pm)

Replying to: Car_man (Nov 26, 2012 4:54 pm)
I just signed a 2013 HSE LUX LEASE and the money factor for US Bank was lower for Tier 1 credit. This was the deal I got through the Mission Viejo, CA Land Rover dealership (and US Bank):
 
2013 RANGE ROVER SPORT HSE LUXURY EDITION
$68,095 - Sticker
money factor is at buy rate 0.00142
Residual is 50% for 12k per yr = $34,074.50
48 months
$896 per month (includes tax)
$0 DOWN/ $0 DRIVE OFF
 
I thank Al Hearn at Lease Guide (dot) net for the calculators I used to get this deal...It's an amazing resource.

Messages Page 37 of 39

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement