Last post on Jun 11, 2013 at 3:41 PM
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Land Rover LR2, Car Leasing, Car Buying, SUV
#114 of 181 Re: LR2 lease - 24/36 mo & 15k mi - need money factor and residuals [koberr
Nov 26, 2007 (2:50 am)
Hi Ken. Dealer invoice is a very good price for a lease of a 2008 Land Rover LR2. Now that you have negotiated a good selling price, all you have to do is make sure that the dealer that you are working with uses its buy rate lease money factor to calculate its monthly payment. According to the latest information that I have seen, Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Land Rover LR2 SE without the Tech package with 15,000 miles per year are .00119 and 66%, respectively. The numbers for an otherwise identical 36 month lease are .00213 and 53%.
Prices Paid: Buying & Leasing Experiences Forum
#115 of 181 No more SE's coming in
Nov 26, 2007 (9:13 am)
Heard from Land Rover direct today that the SE is a phase out, not to return. HSE's only from now on. Get a deal on the lot with an SE now or it's back to super high lease prices on the HSE.
#116 of 181 Current LR2 Lease Rates – Should I buy this Friday?
Nov 28, 2007 (12:09 pm)
Hey everyone, new to the forums but have found them to be of immense value.
I test drove an LR2 HSE last weekend with the wife and we both really liked it. I've heard the best time to buy a car is at the end of the month, so I plan to lease this one Friday if I can get a good deal.
My questions are:
-What would be a good lease deal in Los Angeles? I’d like an HSE in Stornoway Grey with all the options, but would consider an SE if the deal makes sense. Ideally I’d like 12K miles (10.5K would work if the rates are better) and a 30 month lease (24 would also work).
- What are the current money factors and residuals for an HSE and SE with all of the options? I’d really like to have navi and cold weather packages, but should I exclude the lighting package to get a better deal?
-And lastly, should I wait until next month, or is now the right time to buy?
Thanks for the feedback,
#117 of 181 Re: Current LR2 Lease Rates – Should I buy this Friday? [bmwryan]
Nov 29, 2007 (9:31 am)
Ryan, in NY, the price of an SE loaded, 3 packages is 39,950. I got them down to 35,000. Lease deal was:
Price: 3 packages 35,000
Term: 30 months
Down: 2,600 (which was minimum)
If we took off tech/nav it was 450/month
I didn't ask about the lease on HSE, though they did say there was no incentive and no discount on HSE. I have heard the lease for HSE is over 800/month, though I find that hard to believe.
#118 of 181 Take a look at this
Dec 07, 2007 (5:48 pm)
2008 LR2 HSE, Rimini Red / Alpaca Tan leather: $38,700.
12,000 miles per year; 24-month lease; $1300 down / due at signing.
Residual value: 68% ($26,316.); money factor rate .00320
Monthly payment: $798.64
What do you think?
#119 of 181 Need Assistance Please...
Dec 10, 2007 (6:44 pm)
We really like the SE and want to make a deal before year-end.
Here is the deal we were offered on a 2008 SE with cold climate package only (i.e. no NAV and no lighting_
Sale Price 33,400
Lease-end value 24,426
Amount Due at signing $1,514.68
Monthly payment: 484.53
This is a 24 month lease with 10,500 miles per year.
Is this a good deal?
Based on what I have read here they should be able to come down more on the price (ie closer to $30K which I think is invoice).
Please let me know what you think.
#120 of 181 Re: Need Assistance Please... [dbarton7]
Dec 12, 2007 (5:26 pm)
Sounds like a steal compared to the deal I was given.
The best deal I thought was SE no nav for 499 mo for 24 months no money down 10,500 per year.
Dec 14, 2007 (8:00 pm)
Man, they are giving these things away....get the SE's while they are gone.
$500 out of pocket/drive off
$405/month (including taxes)
30 month, 10.5K miles/year
White Ext/black interior, no options (stripped). I head there are only a few of these stripped models in S Cali.
Loving this car so far, except gas mileage and Land Rover reliability (hopefully they fixed that with this car). There are other quirky things - no cover for sunroof, no cover for center console cubby, key/fob situation (double work), have to push radio buttons on steering wheel hard to change, etc.
Loving the luxury feel, safety and hopefully taking it off-roading during some Land Rover excursions
#122 of 181 Re: JUST LEASED SE [jcmanhattan]
by kyfdx@Edmunds HOST
Dec 15, 2007 (12:05 pm)
You mean there is no interior sunshade for the sunroof? Weird..
#123 of 181 Re: JUST LEASED SE [kyfdx]
Dec 15, 2007 (12:48 pm)
There is sliding mesh UV screen which is very cool when the sunroof is open, but I dont consider that a full cover. These covers reduce sound and also block out COMPLETE light. With this mesh screen, there will still be some glare/light and noise.