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


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#151 of 160
Handling and acquisition fees by luvcarz
Sep 07, 2008 (6:13 pm)
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Replying to: Car_man (Sep 02, 2008 2:26 am)

I was ready to lease a 2008 LR2 HSE and I certainly expected to pay for taxes and title and maybe even the first or last month's payment, but then the dealer said I'd have to pay almost $1000 for an acquisition fee and a handling fee. Isn't that just another way of saying "dealer profit?"
 
Can you negotiate out of either of these, or is everyone paying them?
#152 of 160
Re: Handling and acquisition fees [luvcarz] by Car_man HOST
Sep 09, 2008 (2:25 am)
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Replying to: luvcarz (Sep 07, 2008 6:13 pm)

Hi luvcarz. The last time that I checked, Land Rover Capital Group charged a $595 acquisition fee on every vehicle that it leased. Anything above that (other than the destination charge, which is part of vehicles' prices) is basically nothing more than a way for the dealer that you are working with to add more profit to your deal. I suggest that you look at the total selling price that you were quoted for the LR2 that you want, including all fees. If you believe that this truck's total price is too high, you should either try to negotiate a lower price with this dealer or shop around with a few other dealers.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#153 of 160
LR2 Lease by jenp123
Sep 10, 2009 (5:35 am)
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There hasn't been a post on this forum for over a year...my lease is coming up for my TL...I am all over the board on what I want next. How the lease rates right about now for a LR2, has it gotten better since last year when Car Man posted how bad it was? Anybody have any other options for some good lease deals....
#154 of 160
Re: LR2 Lease [jenp123] by Car_man HOST
Sep 17, 2009 (1:53 am)
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Replying to: jenp123 (Sep 10, 2009 5:35 am)

Hi jenp123. There's definitely a reason why no one has talked about leasing an LR2 in a year, its lease program still stinks. It's as if Land Rover doesn't want to lease them. If you're interested in leasing a Land Rover, you might want to consider going with an LR4. That model has lease support available on it right now.
 
If you really want to go with an LR2, take advantage of the $4,000 dealer cash that's currently available on the 2009 version or the $500 on the 2010 version and either pay cash for it or finance it through an independent bank. An alternative to that would be to finance an '09 model through Chase at 0% for 4 years or 0.9% for 5 years.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#155 of 160
New 2009 HSE Price by 28shortstop
Sep 23, 2009 (12:23 pm)
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Any help appreciated for a 2009 LR2 with all three packages...is it worth playing Land Rover dealers against each other? Help me over this mid life crisis so I can go buy a Honda? What are people paying?
#156 of 160
Re: LR2 Lease [Car_man] by gregorpb
Sep 27, 2009 (7:23 pm)
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Replying to: Car_man (Sep 17, 2009 1:53 am)

Maybe a silly question, but how do you get a 0% rate at Chase for 4 years?
#157 of 160
Re: LR2 Lease [gregorpb] by westiethewilly
Sep 28, 2009 (10:22 am)
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Replying to: gregorpb (Sep 27, 2009 7:23 pm)

For the last 2 questions. Buying is the only way if you want a LR2. the lease deal is a crime. They do not want that car back for what ever reason. If you have "A" credit ,than you can get 0% with Chase through the dealer for 4 years. I got a $ 41,800 for $ 37,000 and finance $ 36,000 with 0% with Chase for 4 years. I though that was a good deal. The car rides great and have zero problems with 1.5 k miles driven so far. The key is finding an 09' that u want at a dealer. It is getting late in the year and a lot of the fully equip one's are sold.
 
Hope this help
#158 of 160
Leasing/Buying by goatgirl26
Sep 28, 2009 (7:28 pm)
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I strongly advise anyone who is considering Leasing/Buying a Land Rover to seriously do your homework. I have owned a Land Rover since 2004 (bought new). I have had nothing but problems. Land Rover loves taking your money, but they do not stand by thier products or craftsmanship. Maybe it's just the dealer and service department in Sarasota, FL, but I doubt it. At the least, please take a look at the forums on LR2 problems, Freelander Problems, etc. Know what your getting into. Don't just think because they have a Land Rover name and a steep price tag that you get what you pay for.
#159 of 160
Re: Leasing/Buying [goatgirl26] by britman4
Oct 16, 2009 (10:46 am)
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Replying to: goatgirl26 (Sep 28, 2009 7:28 pm)

Sorry you got a bad one. My LR3 has been faultless gone 25k with no problems, just did a long drive at 18mpg and is outstanding in snow while everyone else is skidding into the ditch, including other 4x4. I've read about tire wear and I am still on my first set with loads of tread left.
 
My LR dealer is great, I bought out my lease at a great price.
 
All car forums will have problems because happy people rarely post.
#160 of 160
Re: Leasing/Buying [britman4] by newsguy2
Oct 17, 2009 (11:34 am)
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Replying to: britman4 (Oct 16, 2009 10:46 am)

Just mentioning it, and I realize this may generate wide opinions:
I'm coming to the end of a two year LR2 lease of a 2008. The LR2 started strong, and is finishing as the worst car I have ever leased.
 
Aside from the overall poor workmanship of the car, what makes the experience so amazing is that when I told my dealer - -LR of the Main Line -- outside Philadelphia -- that I had no intention of buying or extending, they seemingly acknowledged that I wasn't the first to say it, and they didn't press at all. One of the biggest issues I have, and potential buyers should know it, is that LR employs a "Just In Time" philosophy for stocking parts at dealers. What this means is that many of the parts you need are not kept in stock, and ordered after your car is already there. This guarantees extra days in your Enterprise rent-a-car.
 
Not trying to burst any dreams here, but the LR2 is a very average SUV. Keep that in mind as you negotiate deals.

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