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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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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! |
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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! |
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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. |
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| 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? | |
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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?
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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.
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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. |
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Replying to: schott (Nov 06, 2007 5:45 pm) |
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Replying to: schott (Nov 06, 2007 5:45 pm)
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Replying to: jeyhoe (Nov 07, 2007 1:39 pm) |
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