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Prices Paid: Buying & Leasing Experiences Land Rover LR2 Lease Questions
146 messages, Last post on Jul 16, 2008 at 11:50 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Same situation I had my heart in an LR2 but my brain told me it did not make financial sense. So before heading out to lease an X3 (5-6K more expensive and almost $200 per month less than the initial LR2 lease quote), I gave it a shot and spent a few exhausting hours with the most reasonable LR dealer I found in my area, until I walked out with a "deal". I'm paying $400+tax per month, 30 month lease on a blue+black interior LR2 w/ lights packg. $4K total down 12K miles per year. Dealer claims they are almost losing money..and I almost believe them...It is still worse than what I was getting at BMW, but within reasonable distance. I love the LR2, but it is car, not an asset... a car is an expense, a liability thus the reason I Lease and invest money in assets. There is someone dumb enough in this forum to assure LR does not need the money. What they need is smarter financial people after spending tons of money in Marketing and building a nice product. Guess what, the product is not complete...without a good price...which also includes competitive financing, they are lacking big time in what could be their best seller ever. Specially considering their previous experience with their entry model in the US. It really seems odd...but then again ..I did get the car I wanted ..almost at the price I wanted(down pay was too high)...so people...there is hope out there!!!
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Replying to: lakes00 (Jul 16, 2007 7:57 pm) Most other quotes on here from LR include sales tax and "Property Tax". which can be another $80-100 a month in the first year because your quote does not include it.. LR always include all taxes in their quotes, which is often over looked when comparing. So before everyone rushes in and asks for $400 a month leases, in reality, with nothing down, you are probably still talking $670 to $700 per month once everything is accounted for. You got the car you wanted, satisfaction and enjoyment is hard to price. That's the cost of getting a Landrover. It is a "Goods of Ostentation" product. In reality, by lowing the price of the product LR may in fact overall see declining revenue and profit. Mad but possible. |
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Replying to: vegasrph (May 01, 2007 6:45 pm) Well, IMO they "S" Big Time in car reviews  quote: "At 5772 pounds, the LR3 was by far the heaviest of this bunch, with meager skidpad grip and the poorest power-to-weight ratio. No surprise that it was the slowest to 60 mph and through the quarter-mile. " "quarter mile run" these are SUVs not a 10 seconds FAST and the Furious cars! lol and as the BRITS would call it LAND ROVERS are 4X4's not your usual pimp my ride SUVs quote:"Climbing out of any of the other SUVs and into the blocky Land Rover was like moving out of a condo and into a Congressman’s house." and that's not paradise??? hmmm  Land Rover doesn't go to paradise "It goes to hell"  Mods/Host sorry if post out of topic...just want to share my two cents 
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After reading the posts in this forum, I decided to take the plunge. I went to Hornburg Land Rover in West Hollywood, CA and got the following deal on an LR2. Tech & lighting Packages MSRP, $39,350 Negotiated Price, $35,616 24 Months 10.5K miles per year MF 0.002 Residual 67% $2k Down (includes first payment & registration AND last lease payment of $624 on current BMW). Monthly, $570 including tax. Can someone tell me if this is a good deal or can I do better?
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Replying to: tony411la (Jul 22, 2007 7:28 pm) All taxes? Sales and Excise? or will you get bill later on for the excise? 570 With effectively nothing down but costs seems pretty good. If you still need to throw in Excise Tax then effective thats another 70 bucks or so
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Replying to: britman4 (Jul 23, 2007 5:26 am) |
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I test drove a lr2 yesterday and I LOVEDD it. This is what I was quoted: cold climate package $451 24 month lease $1200 due at signing, includes first month 10,500 miles, although I wanted 12,000 black exterior And this is the A plan. If you work for ford, the guy said you can get it much cheaper, like $299/mo. I wanted to lease for 36 months, but he said you get it better at 2 years, is this true?? Let me know if this is a good pricing.
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Replying to: star8 (Jul 26, 2007 7:14 am) Does the LR2 come with cold climate, lighting, or tech packages? I think that appears to be a decent deal on the 24 month leases.
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Replying to: bmk007 (Jul 26, 2007 7:38 am) Do you get it cheaper for a 36 mo lease?? I got another quote saying $466 for 12,000 miles. and 1200 down. 2year lease. cold climate.
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Replying to: star8 (Jul 26, 2007 8:40 am) You 24 mo deal is a little better than mine in total when you factor in everything. 24 mo. lease 10,500 miles/year $340 per month $3995 down Blue with tan interior Cold climate & lighting packages |
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