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Land Rover LR2 Lease Questions

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

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

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#143 of 160 Re: Land Rover LR2: Lease Questions [kyfdx] by bluesnyce Jun 06, 2008 (11:26 am)
Replying to: kyfdx (Mar 29, 2007 6:47 pm) I got offer a fully loaded lr2 for 38,800 not including tax, license and dilivery charges...I want to lease but i'm not sure I got a good deal.
#144 of 160 Am I getting screwed? by 19g83 Jun 17, 2008 (5:36 pm)
I have been shopping around the LA area for a fully loaded LR2. Searching these forums I saw that the Land Rover dealer in West Hollywood was a good place to go. Someone said that they were pretty straight forward and would sell for $350 above invoice.    When I spoke to a sales rep on the phone he told me they were in such demand he couldn't let it go for less than $1000 over invoice. His invoice price was $38,208 which is about $500 more than what Edmunds says a fully loaded Land Rover is.    When I asked about a lease he told me it would work out to $625/month for 24 months at 10,500 miles a year. Does this sound extremely high to anyone else?
#145 of 160 tell me best deal 2008 LR2 HSE in LA by sodasu Jul 16, 2008 (10:50 pm)
How about this deal? The Manager sent mail that, I have a 2008 LR2 HSE that I can do for $563 including tax with only $1100 out of pocket. I am selling the car for $250 over invoice plus $1500 rebate. Let me know your thoughts.   or one dealer sent a coupon that $399 w/o tax, 3650 down. for 2008 LR2 HSE. plus $1500 rebate.   Is this Good deal? both for 24 months at 10,500 miles a year.
#147 of 160 Lease offer on LR website by muddyy Aug 10, 2008 (1:15 pm)
Hi, I just noticed the LR lease deal on the LR website, a LR2 HSE (36,150) 0 down, $499 per month, 48 months. That means you pay $23,952 in four years and then you give the car back to them. This deal means no lighting, no NAV and no cold climate. Isn't this a terrible deal? Is that really the only lease deal available at dealers in NY?   I imagine if you get it with 3 packages, which brings the price to $42,200, then the lease would be exponentially higher, very near the LR Sport which is only $799 per month. Is the LR2 really worth these prices?
#148 of 160 lr2 leasing advice by lem8 Aug 19, 2008 (12:52 pm)
in nyc looking at new LR2 for 36 mth lease 12k miles 3300 down lease 600 monthly payment. is this in ball park? seems high to me
#149 of 160 Money factor on LR2 by wakeforest Aug 21, 2008 (6:40 pm)
Hello Car_Man   Would you have the current money factor and residual on an LR2 SE for a 24 month lease   Local dealer is quoting 0.0039 and 58% for Land Rover Capital. This money factor seems to be very high since it equivalent to a 9.2% interest rate I believe !   Also do you have any info on the lease acquisition cost from LR Capital . Quoted fees are 795....   Thank you for your help !   Wake Forest Replies to this message: Car_man (Sep 02, 2008 2:26 am) luvcarz (Sep 07, 2008 6:13 pm) Car_man (Sep 09, 2008 2:25 am)
#150 of 160 Re: Money factor on LR2 [wakeforest] by Car_man HOST Sep 02, 2008 (2:26 am)
Replying to: wakeforest (Aug 21, 2008 6:40 pm) Hi wakeforest. Land Rover's third quarter lease program is only scheduled to run through September 2nd. Through then, its buy rate lease money factor and residual value for a 24 month lease of a 2008 LR2 SE with 15,000 miles per year are an unbelievably bad .00390 and 59%, respectively. Land Rover obviously doesn't want anyone to lease this truck through its captive finance company right now. Its base acquisition fee is $595, so the dealer is marking it up $200...but it doesn't matter anyhow because you can't lease this truck using such a terrible program.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: luvcarz (Sep 07, 2008 6:13 pm) Car_man (Sep 09, 2008 2:25 am)
#151 of 160 Handling and acquisition fees by luvcarz Sep 07, 2008 (6:13 pm)
Replying to: Car_man (Sep 02, 2008 2:26 am) I was ready to lease a 2008 LR2 HSE and I certainly expected to pay for taxes and title and maybe even the first or last month's payment, but then the dealer said I'd have to pay almost $1000 for an acquisition fee and a handling fee. Isn't that just another way of saying "dealer profit?"   Can you negotiate out of either of these, or is everyone paying them? Replies to this message: Car_man (Sep 09, 2008 2:25 am)
#152 of 160 Re: Handling and acquisition fees [luvcarz] by Car_man HOST Sep 09, 2008 (2:25 am)
Replying to: luvcarz (Sep 07, 2008 6:13 pm) Hi luvcarz. The last time that I checked, Land Rover Capital Group charged a $595 acquisition fee on every vehicle that it leased. Anything above that (other than the destination charge, which is part of vehicles' prices) is basically nothing more than a way for the dealer that you are working with to add more profit to your deal. I suggest that you look at the total selling price that you were quoted for the LR2 that you want, including all fees. If you believe that this truck's total price is too high, you should either try to negotiate a lower price with this dealer or shop around with a few other dealers.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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