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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

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


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#54 of 146
Re: Took me lots of aggravation but finally got a OK lease deal [lakes00] by britman4
Jul 17, 2007 (7:28 am)
Reply

Replying to: lakes00 (Jul 16, 2007 7:57 pm)

Your downpayment was high. $4000 spread over 30 months is effectively adding $133 dollars a month to the lease. So you are up to $533 before tax. But wait, as an investor you will undoubtedly know that you would have most likely received a return if that $4000 was invested over 30 months in say a Fidelity Fund. Over the last two and a half years (30 months) your $4000 would now be work about $6000 in a moderately performing Mutual Fund. So actually if you include the sum you could have made over the next 30 months if you invested the $4k that adds as a cost up to $200 dollars a month. I know I don't need to tell you this because you are an investor.
 
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.
#55 of 146
Re: Land Rover better get with it.....FAST!! [vegasrph] by looney_loey
Jul 18, 2007 (9:10 am)
Reply

Replying to: vegasrph (May 01, 2007 6:45 pm)

You must be talking about Car and Driver Magazine right?
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
#56 of 146
Is this a good deal? by tony411la
Jul 22, 2007 (7:28 pm)
Reply
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?
#57 of 146
Re: Is this a good deal? [tony411la] by britman4
Jul 23, 2007 (5:26 am)
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Replying to: tony411la (Jul 22, 2007 7:28 pm)

Explain ...Including Tax
 
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
#58 of 146
Re: Is this a good deal? [britman4] by tony411la
Jul 23, 2007 (1:03 pm)
Reply

Replying to: britman4 (Jul 23, 2007 5:26 am)

Yes, the $570 monthly includes all taxes. Thanks for reviewing this.
#59 of 146
good lease??? by star8
Jul 26, 2007 (7:14 am)
Reply
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.
#60 of 146
Re: good lease??? [star8] by bmk007
Jul 26, 2007 (7:38 am)
Reply

Replying to: star8 (Jul 26, 2007 7:14 am)

Does the $451 payment include tax?
 
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.
#61 of 146
Re: good lease??? [bmk007] by star8
Jul 26, 2007 (8:40 am)
Reply

Replying to: bmk007 (Jul 26, 2007 7:38 am)

Yes, it does include tax. It only has the cold climate package in black narvik.
 
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.
#62 of 146
Re: good lease??? [star8] by bmk007
Jul 26, 2007 (11:12 am)
Reply

Replying to: star8 (Jul 26, 2007 8:40 am)

I dont know what the 36 mo lease prices are.
 
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
#63 of 146
LR2 lease deal? by stonefoxx
Jul 27, 2007 (10:06 pm)
Reply
I just came from the dealer in manhattan, I test drove the lr2 and it was great- Hands down the best car in the class even rivals my X5-
 
For a 24mo lease, They had blue and black, white ect. 10.5k miles-nav,tech pkg,cc pkg,lighting pkg, most of which is standard I believe except nav. I was quoted invoice price 37,200 - 4839 due on delivery( taxes inculded) 468.00 per month, Can I get better?

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