Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 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
|
|
|---|---|
|
Replying to: british_rover (Sep 23, 2007 12:27 pm) |
|
|
It was Cab East LLC, subsidiary of Ford Motor according to SEC filings, not LRFC (which is also a Ford subsidiary of course). The dealer got it at 1.9%, gave it to me at 4.632%, which is fine really. And yes, it was Sudbury - I think the word went out to move the LR2 SE prior to the HSE's hitting the market in 4 weeks or so. There are 5+ dealers within easy distance from Boston, so you're right, competition plus Herb's buying power (low cost $) allowed for a pretty good deal (I think). Can't wait for it to snow.
|
|
|
|
|
Replying to: bateman1 (Sep 24, 2007 6:18 am) I don't know why they would tell you they got it at 1.9% or why you think that because they didn't. Buy rate for the LR2 on a 24 month lease is .00193. There is no way to have a buy rate under that. Even if actual buy rate was 1.9%/.000791 money factor then they couldn't sell you the money for .00193 as that is beyond Land Rovers maximum bump for money factors. The maximum bump for money factors from land rover is .00104 or 2.496 percent. |
|
|
Cold package only (MSRP $35,400) 24 month term 10,500 miles per year $559 per month, including tax $0 down payment (My initial costs would be the title/tag fee of $158.50, the bank fee of $645, which includes tax, and the first month's payment) The dealer said the money factor is 0.00218 and the residual is .71 What do you guys think? Thanks for your help! |
|
|
Please ignore the above message. Here is the latest deal that I have been offered: Cold package, black narvik paint (MSRP $35,800, invoice $32,642) 24 month term 10,500 miles per year $535 per month, including tax $0 down payment (My initial costs would be the title/tag fee of $158.50, the bank fee of $645, which includes tax, and the first month's payment) The dealer said the money factor is 0.00218 and the residual is .71 I guess that works out to a capitalized cost of $33,990 which is $1,348 over invoice. I have heard of people getting a capitalized cost of $800 or $1,000 over invoice, but I got the sense that $535 was their final and best offer. What do you guys think? Thanks for your help! |
|
|
|
|
Replying to: muddyy (Sep 16, 2007 1:24 pm) And they gave me rubber mats. Not a bad deal. I had to take it oct 31 which is in 2 days, but i did some haggling and they knocked $400.00 off the msrp. They are affordable...and this coming from a grand cherokee graduate. |
|
|
|
| I just saw the LandRover site posted new lease specials on the LR2. Looks like $2995 down, $373/month, 10,500 miles. I am assuming the basic model. Does anyone know the money factor or residual on this? Has anyone rec'd this offer? Is this a good deal? | |
|
Replying to: ajnickolai (Nov 02, 2007 10:41 am) In addition, there is a vibe going out that there are not a lot of SE's available and you can't order certain color combinations, it's leftovers only in preparation for the HSE's which will sell at a premium price and offer no lease incentives (at least there are none on the LR site). I think it's possible that the lease on a 42K (loaded) HSE may be over $700/month. But that being said I'm not sure I believe anyone right now, LR is always slow to give details. It may be possible to get an SE of your choice now with that lease price. I suspect it's just temporary and applies to leftovers because of one simple fact: how can the dealers handle the anger from people who are leasing the same car for $550 a month right now when they see that new lease price?
|
|
|
Replying to: ajnickolai (Nov 02, 2007 10:41 am) I questioned the additional $100 more for NAV, but he claimed it was because of the higher rate and lower residual. For an X3 the Nav is only $40/mo more - but the Nav cost is about $1K less. Still, the SE with NAV is much more. Re: rates on the HSE, he mentioned they were around 4.6%? From what I've heard, many of the new HSE's coming in at first will not have Nav to keep the price and payments down.
|
|
|
|
|
Replying to: muddyy (Nov 06, 2007 3:38 pm) The first HSE LR2 lease I did came out at almost 900 bucks a month. I almost choked on my tea. |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Land Rover LR2 Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Land Rover LR2
Browse by Board
Browse by Topic
Today's Chats
