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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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#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
#153 of 160 LR2 Lease by jenp123 Sep 10, 2009 (5:35 am)
There hasn't been a post on this forum for over a year...my lease is coming up for my TL...I am all over the board on what I want next. How the lease rates right about now for a LR2, has it gotten better since last year when Car Man posted how bad it was? Anybody have any other options for some good lease deals.... Replies to this message: Car_man (Sep 17, 2009 1:53 am) gregorpb (Sep 27, 2009 7:23 pm) westiethewilly (Sep 28, 2009 10:22 am)
#154 of 160 Re: LR2 Lease [jenp123] by Car_man HOST Sep 17, 2009 (1:53 am)
Replying to: jenp123 (Sep 10, 2009 5:35 am) Hi jenp123. There's definitely a reason why no one has talked about leasing an LR2 in a year, its lease program still stinks. It's as if Land Rover doesn't want to lease them. If you're interested in leasing a Land Rover, you might want to consider going with an LR4. That model has lease support available on it right now.   If you really want to go with an LR2, take advantage of the $4,000 dealer cash that's currently available on the 2009 version or the $500 on the 2010 version and either pay cash for it or finance it through an independent bank. An alternative to that would be to finance an '09 model through Chase at 0% for 4 years or 0.9% for 5 years.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: gregorpb (Sep 27, 2009 7:23 pm) westiethewilly (Sep 28, 2009 10:22 am)
#155 of 160 New 2009 HSE Price by 28shortstop Sep 23, 2009 (12:23 pm)
Any help appreciated for a 2009 LR2 with all three packages...is it worth playing Land Rover dealers against each other? Help me over this mid life crisis so I can go buy a Honda? What are people paying?
#156 of 160 Re: LR2 Lease [Car_man] by gregorpb Sep 27, 2009 (7:23 pm)
Replying to: Car_man (Sep 17, 2009 1:53 am) Maybe a silly question, but how do you get a 0% rate at Chase for 4 years? Replies to this message: westiethewilly (Sep 28, 2009 10:22 am)
#157 of 160 Re: LR2 Lease [gregorpb] by westiethewilly Sep 28, 2009 (10:22 am)
Replying to: gregorpb (Sep 27, 2009 7:23 pm) For the last 2 questions. Buying is the only way if you want a LR2. the lease deal is a crime. They do not want that car back for what ever reason. If you have "A" credit ,than you can get 0% with Chase through the dealer for 4 years. I got a $ 41,800 for $ 37,000 and finance $ 36,000 with 0% with Chase for 4 years. I though that was a good deal. The car rides great and have zero problems with 1.5 k miles driven so far. The key is finding an 09' that u want at a dealer. It is getting late in the year and a lot of the fully equip one's are sold.   Hope this help

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