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Prices Paid: Buying & Leasing Experiences Land Rover LR2 Lease Questions
160 messages, Last post on Oct 17, 2009 at 11:34 AM
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| I just saw the LandRover site posted new lease specials on the LR2. Looks like $2995 down, $373/month, 10,500 miles. I am assuming the basic model. Does anyone know the money factor or residual on this? Has anyone rec'd this offer? Is this a good deal? | |
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Replying to: ajnickolai (Nov 02, 2007 10:41 am) In addition, there is a vibe going out that there are not a lot of SE's available and you can't order certain color combinations, it's leftovers only in preparation for the HSE's which will sell at a premium price and offer no lease incentives (at least there are none on the LR site). I think it's possible that the lease on a 42K (loaded) HSE may be over $700/month. But that being said I'm not sure I believe anyone right now, LR is always slow to give details. It may be possible to get an SE of your choice now with that lease price. I suspect it's just temporary and applies to leftovers because of one simple fact: how can the dealers handle the anger from people who are leasing the same car for $550 a month right now when they see that new lease price?
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Replying to: ajnickolai (Nov 02, 2007 10:41 am) I questioned the additional $100 more for NAV, but he claimed it was because of the higher rate and lower residual. For an X3 the Nav is only $40/mo more - but the Nav cost is about $1K less. Still, the SE with NAV is much more. Re: rates on the HSE, he mentioned they were around 4.6%? From what I've heard, many of the new HSE's coming in at first will not have Nav to keep the price and payments down.
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Replying to: muddyy (Nov 06, 2007 3:38 pm) The first HSE LR2 lease I did came out at almost 900 bucks a month. I almost choked on my tea. |
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Replying to: schott (Nov 06, 2007 5:45 pm) |
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Replying to: schott (Nov 06, 2007 5:45 pm)
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Replying to: jeyhoe (Nov 07, 2007 1:39 pm) |
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| What's the lowest lease price on a loaded 08 SE with cold, lighting and NAV/tech (39,950), and where can you get it, dealer or internet? I've seen 2,900 down and 550/month, with 10,500/miles per year, 30 months. Is there any way to get a better lease price? Thanks. | |
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I drive a loaded X3 and put the minimum down and pay $539 a month including tax so I an having a hard time stomaching these lease rates on the LR2 in Seattle area. My wife really wants an LR2. She wants an HSE Silver, Cold Climate, and Lighting. No Tech because the stereo is meaningless to her so $3500 for Nav is too much. We want a lease that offers the lowest possible monthly payment with the minimum down. The best I have been quoted so far for minimum down after talking to 2 dealers is: 10,500 miles 24 month term $615.00 per month inc. tax Money Factor: .0027 Residual: .69 Down payment: Just over $1000 including first month I think. Can't remember exact figure. MSRP is 37,900 and they have not lowered that yet. They say since they don't have the car and I may have to factory order that they don't come down off the MSRP. My wife wants the Pixel interior but can accept the wood if she has to. This is a US Bank lease. I also asked what the up front money would be to make the payment $450 per month including tax because that is her current payment on her A4. They said $5600. I am going to put a deal together this weekend and would like to be armed with some advice. Can I please get some feedback on both deals above? Still seems very high to me. Thanks and Happy Thanksgiving.
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Replying to: rob34 (Nov 21, 2007 6:42 pm) I'm also coming off of an X3 lease and considering leasing an LR2. Strongly consider getting an SE instead of the HSE, because the lease programs are much better for the SE. I've been given a deal of $400/mo incl. taxes for a 24 or 30 mo. lease (only $6 difference) with $3K down for an LR2 SE with heated seats and 10.5K/yr, but no light backage. My cap cost is $500 over invoice. You'll probably pay over $100/mo more for the HSE to obtain some minor changes to the wheels, a new lower body trim, additional seat adjustments, a small cover on the console ... Other than that, there is no change to the engine and the SE and HSE are pretty much identical. Also, any options seem to require nearly full amortization over the term of your lease and jack up the monthly payment. So, you want to consider eliminating the lighting package if you don't need it - and an SE instead of the HSE. Good luck. |
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