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Land Rover LR2: Lease Questions

161 messages,  Last post on Dec 04, 2009 at 3:20 PM

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

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#131 of 161 Re: New LR2 lease deals [seaguy] by Car_man HOST Jan 28, 2008 (3:50 am)
Replying to: seaguy (Jan 21, 2008 10:24 am) Hi seaguy. The MSRP and selling price of the vehicle that you want to lease absolutely do matter. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what the selling price of the truck that you are interested in is, you don't know how much of a dealer discount you are being given on it. Furthermore, you can use these prices, in conjunction with Land Rover's current lease program, to estimate what your truck's monthly payment should be.   Also, when negotiating your lease on the LR2 that you are interested in, keep in mind that Land Rover is currently providing $1,500 lease cash on this model. I would not be surprised if you were able to negotiate a selling price that is below dealer invoice after taking advantage of this cash. You can look up the exact invoice price of the truck that you want by visiting the New Vehicle Pricing section of Edmunds.com.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#132 of 161 Re: New LR2 lease deals [tomatosaenz] by Car_man HOST Jan 28, 2008 (4:01 am)
Replying to: tomatosaenz (Jan 22, 2008 3:39 am) Hey tomatosaenz. Let's work up a sample lease payment on the exact lease that you are interested in and see what we come up with. The MSRP of a 2008 Land Rover LR2 HSE with the Technology Package is $39,650. Its dealer invoice price is $36,151. subtract the $1,500 lease cash from that and add $1,000 for the dealer and we arrive at a capitalized cost of around $35,651. According to my calculations, if you were to lease a 2008 LR2 HSE that has an MSRP of $39,650 and a selling price of $35,651 through Land Rover Capital Group right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $590.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: tomatosaenz (Jan 29, 2008 9:15 am) ajnickolai (Jan 29, 2008 9:29 am)
#133 of 161 Re: New LR2 lease deals [Car_man] by tomatosaenz Jan 29, 2008 (9:15 am)
Replying to: Car_man (Jan 28, 2008 4:01 am) Wow, thank you for your insights to both Car_man and ajnikolai. From what I'm seeing, leasing a loaded LR2 with those terms just doesn't add up. So it's back to the drawing board for me. I really liked the vehicle, but I don't do much off-roading here in LA, so perhaps the Lexus RX350 is better suited for me, especially since they are really dealing on them at this time. Either that, or I'll keep my '99 Explorer with 140,000 miles for as long as it can run. Replies to this message: ajnickolai (Jan 29, 2008 9:29 am)
#134 of 161 Re: New LR2 lease deals [tomatosaenz] by ajnickolai Jan 29, 2008 (9:29 am)
Replying to: tomatosaenz (Jan 29, 2008 9:15 am) I hadn't really thought about the Lexus. What kinds of deals are you seeing in LA?
#135 of 161 2008 SE by mrj0001tj Jan 29, 2008 (10:54 am)
Car man, I just looked at a 2008 LR2 SE, brand new with no miles. Dealer said he would only sell it to me at his invoice which he states was $34,300. Per Edmunds dealer invoice is supposed to be $33,598 AND it also says there is a $3000 manufacturer to dealer rebate which he is not even offering me. What gives??? Replies to this message: Car_man (Mar 04, 2008 2:22 am)
#136 of 161 Re: LR knows their lease has to compete with BMW X3 [muddyy] by birdman17 Feb 06, 2008 (7:05 pm)
Replying to: muddyy (Apr 03, 2007 3:02 pm) I just leased an '08 LR2 this week with the 3-pack: 1. Cold Climate 2. Lighting 3. Technology   MSRP 39950 Sale Price 35704   I put $3k down (which included titles tags taxes and first month's payment). $485/month for 24 months with 12,oo miles a year.   I am very pleased at the number I am paying given the fact that the first offer was for well in the mid $500/month range.   One caveat, I had to have the car serviced yesterday because the key pod was not recognized in the slot. they said it was an electronic malfunction but that shouldn't happen on a new car. Has anyone else had this problem? Is it common? Replies to this message: ajnickolai (Feb 06, 2008 9:11 pm) birdman17 (Feb 07, 2008 6:01 am)
#137 of 161 Re: LR knows their lease has to compete with BMW X3 [birdman17] by ajnickolai Feb 06, 2008 (9:11 pm)
Replying to: birdman17 (Feb 06, 2008 7:05 pm) Wow, that is a great number. What state are you in? Replies to this message: birdman17 (Feb 07, 2008 6:01 am)
#138 of 161 Re: LR knows their lease has to compete with BMW X3 [ajnickolai] by birdman17 Feb 07, 2008 (6:01 am)
Replying to: ajnickolai (Feb 06, 2008 9:11 pm) i am in PA. I waited until the end of the month to start negotiating and then I walked away a few times...on the January 31st the dealership called me and told me "Good news, we were able to find some money for you and we can offer the car at 489/month."   I replied, "Oh, okay. If you can give it to me for $485 you have a deal and I will come in right now with the check and sign the papers."   The sales manager said come on in.   Looking back...I should have asked for the lower number but I feel I did a job negotiating the price to $485.
#139 of 161 Learning about leases and want an LR2 by billegoat1 Feb 12, 2008 (2:41 pm)
Hi Everyone. I have been lurking on these boards and have picked up a lot of useful information from you guys. Thanks. I still have questions though and want some pointers to be sure I get a good deal.   I want an LR2 with the cold package. so one question I have is, when I do a lease, do I roll in the extra stuff I want like roof rails and racks etc and then negotiate the total price or do I negotiate the car + options and then pay extra at another time for the other stuff I want. The salesman I sat down with said that it would cost me less not to roll the rails etc into the lease, but buying it and then giving it to them at the end made no sense to me. Obviously I am a novice but want to learn. HELP.   I am in Southern California. Thanks Replies to this message: Car_man (Mar 04, 2008 2:33 am)
#140 of 161 Re: 2008 SE [mrj0001tj] by Car_man HOST Mar 04, 2008 (2:22 am)
Replying to: mrj0001tj (Jan 29, 2008 10:54 am) Hi mrj0001tj. The dealer invoice pricing that is available at Edmunds.com is usually very accurate. The most likely explanation for the difference between the number that is listed here and what the dealer that you are working with told you is that they are adding some fees to this truck's base invoice price. The $3,000 dealer cash incentive that is currently available on the 2008 LR2 SE is not compatible with leases through Land Rover Capital Group, however Land Rover is providing a $1,500 dealer cash incentive that is. The dealer may be trying to pocket the $1,500.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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