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Land Rover LR4 Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to help you out, ledwardwhite.

    Chase's July buy rate lease money factor and residual value for a 36 month lease of a base 2010 Land Rover LR4 with 12,000 miles per year are .00054 and 47%, respectively.

    The numbers for an otherwise identical 48 month lease are .00107 and 39%.

    If you were to lease this truck with only 10,000 miles per year, its residual value would be 1% higher.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Here's the info that you asked for, newyorkphilip.

    Chase's July buy rate lease money factor and residual value for a 36 month lease of a 2010 Land Rover LR4 HSE non-Luxury with 12,000 miles per year are .00046 and 48%, respectively.

    Car_man
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  • cricfan777cricfan777 Posts: 20
    Thanks a bunch carman. You are the best. I'm looking for LR4 Lux Model MSRP 58,000. He came down to 54500. He said invoice is 53000.

    You think I could get it for around $800 for 36 or 39 months? What incentives do LR dealerships get for leasing?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome, cricfan777. Let's crunch some numbers and see what we come up with. According to my calculations, if you were to lease a 2010 Land Rover LR4 Lux that has an MSRP of $58,000 and a selling price of $54,500 through Chase right now for 36 months with 18,000 miles per year, your zero down, pre-tax monthly payment would be around $874.

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  • Thanks Car Man.
  • cricfan777cricfan777 Posts: 20
    Thanks Carman. That helps a lot. He was charging me 1020. The MF seemed very high. I had few more questions for you.

    Would you know what incentives the dealer gets for leasing an LR4.
    When pricing with options, do the option's residual value go down the same percent as the car's itself?
  • savvym3savvym3 Posts: 4
    Hi,

    I'm considering a 39 month lease route on a LR4 HSE plus, 7-seat comfort package, black MSRP $54,010 (sale price: $50,726)

    12,000 miles per year.

    What are the MF/Resid?

    Thank you
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome ledwardwhite.

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    No problem cricfan777. I don't believe that Land Rover is currently providing any cash incentives on leases of the 2010 LR4 through Chase.

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi savvym3. Here's the information that you're looking for.

    Chase's current lease money factor and residual value for a 39 month lease of a 2010 Land Rover LR4 HSE with 12,000 miles per year are .00063 and 46%, respectively.

    Car_man
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  • Hey Car_Man. Could you please provide me with the RV abd MF for LR4 Lux MSRP 58050, 18,000 miles per yr for 42 months.

    The quote i've received is based on selling price of 56,000 including running boards. The MSRP was 59400 with running boards. It came to 955/month with 0 CAP reduction for 42 months with taxes which is 6%.

    Is it an accurate quote based on the selling price?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey cricfan777. Here's the information that you're looking for. Chase's August lease money factor and residual value for a 42 month lease of a 2010 Land Rover LR4 Lux with 15,000 miles per year are .00078 and 40%, respectively.

    I'm not sure if Chase publishes residual values for leases with more than 15,000 miles per year. I suspect that 15k is its highest published residual value percentages. If you need to drive more than that, you probably will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it would be to wait until lease-end and have to pay an excess mileage penalty.

    Using an MSRP of $59,400, a selling price of $56,000, and the above lease program, I come up with a 42 month, 15,000 mile pr year payment of $830 before tax.

    Car_man
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  • I am looking for 2010 & 2011 (if published) Land Rover LR4 HSE & LR4 HSE LUX residual value for 36/15k and 39/15k. Thanks.
  • how much should i pay for a 2011 LR4 w/ a video/entertainment package for either a 36/39 month lease w 15k/yr in miles? the sticker was 52k but the dealer said 1200/month plus tax which blew me away as too high (nothing down). any ideas? thanks,
  • rllnresistancerllnresistance Posts: 8
    edited September 2010
    Considering a lease on an LR4 HSE Lux with Heavy Duty and Vision Assist packages. What's the residual and money factor for a 36/39 month with 12k lease?
  • Hi rllnresistance. Here's the information that you're looking for.

    Chase's current lease money factor and residual value for a 36 month lease of a 2010 Land Rover LR4 HSE Lux with 12,000 miles per year are .00027 and 45%, respectively.

    The numbers for an otherwise identical 39 month lease are 00044 and 43%.

    Car_man
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  • Dear Car_Man:

    Please confirm the current money factor rates for the 2011 LR4 HSE LUX that Chase is offering for a 36 month lease? The 0.00027 money factor cited times 2400 is equal to 0.65% APR interest rate which sounds way low i.e. under 1.00%? Other hand, a MF of 0.0027 time 2400 is equal to 6.48% APR which sound more in line for a Bank?
    Is there a web site that quotes the Chase lease rates? I can only find the rates to finance the purchase of a car on their site. Many thanks!!
  • You're very welcome, rllnresistance.

    Car_man
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  • Hello silverlake. Chase's October buy rate lease money factor and residual value for a 36 month lease of a 2011 LR4 HSE LUX with 15,000 miles per year are .00187 and 52%, respectively.

    I am not aware of any site that provides info on Chase's lease program to the general public.

    Car_man
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