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SUVs Land Rover Land Rover Range Rover Sport: Lease Questions
385 messages, Last post on Dec 08, 2009 at 4:42 AM
You are in the Land Rover Forum. Your Hosts are steve_ & tidester
| Land Rover in Alexandria, Va is offering the following deal: 36 months, 10k miles, $1295 due at signing, $789 monthly payment. Comes with cold climate package and sat radio. This seems like one of the best deals I've seen. Am I correct? | |
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Replying to: DonDraper (Feb 13, 2009 12:30 pm) Here is a lease quote I received yesterday on a range rover sport with luxury package. How does it compare: $752, 3k down, 12k miles, 36 months, first payment due at signing. Thanks, - Simon
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Replying to: sgillmore (Mar 16, 2009 7:38 am) Thanks, Alex
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Replying to: sgillmore (Mar 16, 2009 7:38 am) I wouldn't put $3k down on your RR lease - if you make a cap-cost reduction you lose your GAP insurance on a lease. So just pay fees and DMV and 1st month payment. What is the negotiated price of the vehicle (cap-cost)? Does the $752 include tax? It seems to me that given the incentives, inventory, and current economy, your cap cost should be around invoice price (approximately 56k on an msrp of 62k); with cap cost at 57k, resid at 60% and mf at .00018, your payment would be less than $600 without tax. go back to your dealer and ask for the specific #s before you sign. |
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I leased a RR Sport. 62,700 MSRP Car. 50% Residual, .00027 Money Factor (low) $899 Cap Cost Reduction, $679 Per month. This not not count MA state tax which is 5% and start up costs which was first months, aquisition fee, dcoumentation fee, title, registration, etc, but these were the raw numbers. I think it is pretty good for a 62K car because they had to bring the cost down to about 55K to make it happen. I want to confirm this. Any thoughts?
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Does anyone know the current MF/Residuals for RR Sport HSE and SC for 24/36 months 15K/yr?
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Dear Carman, and/or KYFDX, I'm looking into leasing a 2009 Range Rover Sport SuperCharged SUV. I'm interested in a 36 month 15,000 miles per year lease. Do you have the money factor and residuals (%) for April? From information gathered from Edmunds, the dealer is currently receiving $5,000 marketing support dollars for purchase or lease of this vehicle. If I used the TMV caluclator and came up with a TMV of $65,000, which is down from an MSRP of $71,000, can I subtract the $5,000 from the $65,000 (=$60,000) and make my lease caluclations based on $60,000? Thanks for your help, it's always appreciated! |
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Replying to: alexkoper (Mar 16, 2009 11:31 am) The numbers for an otherwise identical lease of an '09 Range Rover Sport SC are .00058 and 49%. You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: roverdude (Apr 04, 2009 5:12 pm) Land Rover's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Range Rover Sport SC with 15,,000 miles per year are .00022 and 58%. The numbers for an otherwise identical 36 month lease are .00058 and 49%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hello Carman, Im looking at a 2009 Ranger Rover Sport HSE with luxury package 62,150. 36month/12k mileage. Im in Los Angeles, Can you give me the residual and money factor? Can you explain this incentive: "$5000 Dealer Cash is available toward the retail purchase or lease of a 2009 Ranger Rover Sport model. See dealer for complete details." What would be a reasonable buying price on this car? Thanks!
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