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Land Rover LR2 Lease Questions

161 messages,  Last post on Dec 04, 2009 at 3:20 PM

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What is this discussion about? Land Rover LR2, Car Leasing, Car Buying, SUV

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#11 of 161 Worse than Expected Leases!! by crazyyakoo Apr 09, 2007 (7:38 am)
Replying to: muddyy (Apr 05, 2007 5:47 pm) Just got the word back from my dealer. Looking at the fully loaded LR2 - originally talked to them and they thought that we'd be expecting around $450/mo with nothing down. Fair for the truck...   First numbers were insulting! $693/month $3624 due at signing 36 months/15k miles   He assured me that Land Rover Capital would come back with a better program because they were determined to compete with the X3.   Just heard back - a whopping $15/month less! Unbelievable that they are offering LR3s for $400/month but LR2s for $700 (and this was with X-Plan pricing, FYI!)   I don't know how they will ever compete with BMW on this at these numbers. Too bad though - the truck seems great. I would be inclined to buy it but very unsure of the maintenance record (especially the first few vehicles off the line).   Does anyone know a human being that's actually leased one of these???
#12 of 161 Has anyone actually made a lease deal? by muddyy Apr 16, 2007 (8:16 am)
Has anyone leased an LR2? Can you tell us your deal? Hard to believe LR would charge that much more for a car that is less expensive than the LR3. Can you actually get a 43K plus LR3 for $400/month? Then the LR2 is $700/month? Not believable. Replies to this message: tawanghar (Apr 30, 2007 1:38 pm)
#13 of 161 Re: Has anyone actually made a lease deal? [muddyy] by tawanghar Apr 30, 2007 (1:38 pm)
Replying to: muddyy (Apr 16, 2007 8:16 am) You guys should be very happy with the lease prices you have recieved, I actually contacted my LR dealer, and this is what he gave me: LR II Basic, No Options Just plain Color Flame MSRP $34195 Lease 2 years 15000 Mile $785.00   I can drive a brand new Mercedes E350 Convertible with this price. What are these people thinking. Is there any lease reduce coming out on LR 2, please confirm
#14 of 161 Land Rover better get with it.....FAST!! by vegasrph Apr 30, 2007 (9:13 pm)
Hello everyone! Just wanted to put my 2 cents in here. First, my wife and I tried to lease a 2006 Land Rover LR3 SE V8 a few months ago. Basically, we went round and round with several dealers and got nowhere. Thankfully, I subscribe to several car magazines and a test (shootout) involving 8 (eight) SUVs was in the recent issue. The LR3 came in DEAD LAST (8th place) and the LR3 showed 12 MPG during the test and was called "junk" basically. As far as this new Land Rover LR2 is concerned, I would wait a few months and let some road tests be conducted by the popular magazines......to be sure it doesn't follow the LR3. I admit, it looks good inside/out, but $40,000 for a dressed up Ford Escape?? Land Rover is still selling some vehicles to people because of a certain cachet the brand still holds......but Land Rover is in financial trouble. $600+ a month for this thing?? Come on people....seriously. My wife and I leased a BRAND NEW 2007 Infiniti FX35 with ALL the goodies (MSRP $45,000) for $483/mo + tax with only $1400 due at signing last month. You can lease a BRAND NEW Cadillac Escalade for $700/month!!!! A Mercedes GL450 is around $650-$700/month!!!! Both these SUVs go for $60k!!!! Replies to this message: verdugo (May 01, 2007 6:24 am) britman4 (May 01, 2007 6:41 am) muddyy (May 01, 2007 4:02 pm) vegasrph (May 01, 2007 5:45 pm) britman4 (May 02, 2007 10:10 am) and 1 more... looney_loey (Jul 18, 2007 8:10 am)
#15 of 161 Re: Land Rover better get with it.....FAST!! [vegasrph] by verdugo May 01, 2007 (6:24 am)
Replying to: vegasrph (Apr 30, 2007 9:13 pm) Here we go again. The LR2 is *NOT* a dressed up Escape.   Agree on the high leases though.
#16 of 161 Re: Land Rover better get with it.....FAST!! [vegasrph] by britman4 May 01, 2007 (6:41 am)
Replying to: vegasrph (Apr 30, 2007 9:13 pm) Gosh we are bitter and twisted. Really if you were in the market for an Infinity, why did you even look at an LR3. Come the Sun you can cruise the highstreet and look cool, come the snow we will see you in the ditch. Horses for courses. One thing people seem to miss on here is that Land Rover leases INCLUDE ALL TAX, sales and excise. So stop dropping lease number everywhereHaving just spent a while assessing all sorts of cars and lease plans I found Land Rowver to be the most honest and transparent if nothing else. As regards the LR2 they are selling a bundle of them, certainly up with expectations. So they don't NEED to lease. It's a fabulous car inside and a proper 4 wheel all terrain vehical. Up in the NE I regularly see supposed 4WD cars in ditches. Not LR's or RR's though.   I ended up with the LR3. But for those who want to know here was my LR2 quote..ALL TAXES INCLUDED.   $626 10.5K 24 months 4k drive away.   I went for a bigger vehical.   But look, until they NEED to drop the lease price, they won't. It's simple economics. If you want one but can't afford it.....tough..it's a classy vehical and selling well. Replies to this message: muddyy (May 01, 2007 4:02 pm) vegasrph (May 01, 2007 5:45 pm) britman4 (May 02, 2007 10:10 am) muddyy (May 02, 2007 5:31 pm) looney_loey (Jul 18, 2007 8:10 am)
#17 of 161 Re: Land Rover better get with it.....FAST!! [britman4] by muddyy May 01, 2007 (4:02 pm)
Replying to: britman4 (May 01, 2007 6:41 am) If you pay over $600/month, much less $650/ month for a $39,950 SUV, you are getting ripped off, period. If you say that's okay because of the Land Rover cache, you are deluding yourself because the LR2 is not the RR Sport or the Range Rover and doesn't carry that level of cache. Is this not obvious?   The old Freelander: an okay ride, relatively inexpensive, lots of problems with reliability. No true or lasting "Land Rover" cache. The LR2: a nice small/mid size SUV, very expensive lease. RR Sport wanna be; cache imagined, sorry.
#18 of 161 Re: Land Rover better get with it.....FAST!! [britman4] by vegasrph May 01, 2007 (5:45 pm)
Replying to: britman4 (May 01, 2007 6:41 am) Sorry to have come off "bitter and twisted", but my wife and I really did try to work with Land Rover (several dealers) and to no avail. Basically, I was told over and over that Land Rover builds the BEST SUVs and I should be greatful to pay the outrageous lease price to drive one. No thanks, when in comes in 8th place of 8 SUVs.....it was a blessing that we turned away from the LR3 V8 SE. Now, it doesn't snow or rain much here in Las Vegas, so we didn't need a 4 wheel drive with Terrain Response (who does??) and the Infiniti FX35 is more G35/350Z than SUV. It flies and handles very well.....we love it. The LR2 looks like it has what it takes to match BMW/Acura/MB.....except on price for a lease......way too high. Oh, by the way have you seen the 2008 Ford Escape? Replies to this message: britman4 (May 02, 2007 10:10 am) muddyy (May 02, 2007 5:31 pm) looney_loey (Jul 18, 2007 8:10 am)
#19 of 161 Re: Land Rover better get with it.....FAST!! [vegasrph] by britman4 May 02, 2007 (10:10 am)
Replying to: vegasrph (May 01, 2007 5:45 pm) Las Vegas....yup nice car and good place to have it. Up in Boston in the Winter you need a bit more traction. And terrain response is very useful.   As I Said before. People are missing the point of the LR2 lease price. They do NOT want to lease you an LR2. At this stage they want you to BUY an LR2 and they are selling well. Same with the new X5.   Sure it's way over priced.....its a brand new shape AND maybe it is a poor mans RR Sport but hey if that sells it then who are people to complain.   This is all simple economics. For those who feel very pleased with themselves saying how LR have "messed up". They I am sure don't think so because they are forcing people into buying. Replies to this message: muddyy (May 02, 2007 5:31 pm)
#20 of 161 Re: Land Rover better get with it.....FAST!! [britman4] by muddyy May 02, 2007 (5:31 pm)
Replying to: britman4 (May 02, 2007 10:10 am) I disagree, I think it's opportunism as opposed to profit motive; both being an aggressive, natural force of the free market; but one being slightly more negative and cynical. Here's why: LR positioned this car as 1. small 2. economical 3. (sort of) a replacement for the Freelander and they hit every note perfectly except the price. Opportunism or greed? I think it's a fine line. Do people with money to spare care? Of course not. Do people who thought LR was making an economical entry car for their brand, feel... manipulated, well, yeah, of course.   Cars like this, and the car market in general have a lot in common with the housing market. Everybody who could raise the price through the roof and not suffer for it, did. Now even the lowliest of the low is shockingly high. Cheap, basic houses are now sky high and somehow everybody is okay with that, or at the very least, secretly shocked and complacent (it was commonly referred to as "sticker shock" once but now it's all so over priced that no one uses that term anymore).   It ends up being such a subjective notion after all about whether you consider LR is overcharging for a basic SUV; most people who want it and can pay would probably pay $10,000 more if LR asked for it (ironically, with some of the loan and lease deals you actually are paying $10,000 more for it after all the interest payments); and people who can't afford it are so turned off they don't care anyway. It's a super luxury car to many with a super high price tag; only the people on the fence who would have to stretch to afford it really care, and obviously, I'm one of them. Not angry, just disappointed.

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