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Land Rover LR2 Lease Questions

160 messages,  Last post on Oct 17, 2009 at 11:34 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#117 of 160
Re: Current LR2 Lease Rates – Should I buy this Friday? [bmwryan] by muddyy
Nov 29, 2007 (9:31 am)
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Replying to: bmwryan (Nov 28, 2007 12:09 pm)

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
Milage: 12,000
Down: 2,600 (which was minimum)
Monthly: 550
 
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 160
Take a look at this by buckeye777
Dec 07, 2007 (5:48 pm)
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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 160
Need Assistance Please... by dbarton7
Dec 10, 2007 (6:44 pm)
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Replying to: buckeye777 (Dec 07, 2007 5:48 pm)

Hello.
 
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_
 
MSRP: 35,400
Sale Price 33,400
LEV% 69%
Lease-end value 24,426
MF .00134
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.
 
Thanks
#120 of 160
Re: Need Assistance Please... [dbarton7] by buckeye777
Dec 12, 2007 (5:26 pm)
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Replying to: dbarton7 (Dec 10, 2007 6:44 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.
#121 of 160
JUST LEASED SE by jcmanhattan
Dec 14, 2007 (8:00 pm)
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Replying to: buckeye777 (Dec 12, 2007 5:26 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 160
Re: JUST LEASED SE [jcmanhattan] by kyfdx HOST
Dec 15, 2007 (12:05 pm)
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Replying to: jcmanhattan (Dec 14, 2007 8:00 pm)

You mean there is no interior sunshade for the sunroof? Weird..
#123 of 160
Re: JUST LEASED SE [kyfdx] by jcmanhattan
Dec 15, 2007 (12:48 pm)
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Replying to: kyfdx (Dec 15, 2007 12:05 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.
#124 of 160
Re: JUST LEASED SE [jcmanhattan] by kyfdx HOST
Dec 16, 2007 (8:32 am)
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Replying to: jcmanhattan (Dec 15, 2007 12:48 pm)

I think the MINI has that same sort of mesh shade for their monster-sized sunroof..
 
You might have heat issues on 90+ degree days, I would think....
 
Good deal, though..
#125 of 160
Re: JUST LEASED SE [kyfdx] by british_rover
Dec 16, 2007 (10:41 am)
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Replying to: kyfdx (Dec 16, 2007 8:32 am)

I never had problems with my MINI and the mesh sunroof and I was living in Virginia at the time. The only thing that got too hot was the metal top of the gear shift and that would have happened on any car. I also think that the same sunroof or at the very least a very similar sunroof is used on both the LR2 and the MINI.
#126 of 160
Re: Current LR2 Lease Rates – Should I buy this Friday? [bmwryan] by Car_man HOST
Jan 03, 2008 (2:18 am)
Reply

Replying to: bmwryan (Nov 28, 2007 12:09 pm)

Welcome Ryan. I'm glad that you've found the forums to be so helpful. The money factors for leases with 12,000 miles per year and 10,500 miles per year are exactly the same. The 10,500 mile lease will have a slightly lower monthly payment though because it will have a higher residual value. Through January 7th, 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 HSE are .00270 and 68%, respectively.
 
I am not personally all that familiar with what dealers are willing to sell the LR2 for right now, but if I was in the market for one in a competitive market like Los Angeles I personally would shoot for a selling price of around $500 over dealer invoice.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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