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Land Rover Range Rover Sport Lease Questions
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and take a look at swapalease. they are ads from DEALERS, and then you call the dealer. it's better than any deal you'll get.
Could you please share any residuals and money factors for 2008 RRS 36mo & 48mo with 15,000 mi/yr with Land Rover financial and US Bank if possible.
Thanks a lot!
i.e ( http://www.phillipsautoleasing.com/ )
- Thanks
Car_man
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I am in the market looking at RRS & RRSS for 24 months with 15k/yr.
The best price I have are as follows:
1. RRS - MSRP ($64,900) - dealer discounting it to $60,900 - $1053
2. RRSS - MSRP ($74500) - dealer discounting it to $70,500 - $1251
For both I am paying just the first month's payment and the monthly includes taxes.
Should I be looking at details such as money factor and I am also considering buying the car at the end of the lease what should that price be?
Thanks
Car_man
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Range Rover Sport for $999 a month/12k miles/yr with $1500 out of pocket and 24 month lease.
Ranger Rover Sport Supercharged for $1099 a month/12k miles/yr with $2000 out of pocket and 36 month lease.
Now which one should I go for? I test drove both last evening and Supercharged def handles better and the pickup is just amazing but does not come with Rear Entertainment and stuff. Just base Supercharged and on the other hand, the regular one is not bad and comes with Rear Entertainment, Luxury and Sirius. So which one to go for?
own? damn. this economy sucks, gas is high, get something more
reasonable and fuel efficient for less money.
I was wondering if the Land Rover Financial lease money factors and residuals have changed since your 11/26/07 post, and if so, what they currently are for 24, 30, & 36 months leases with 10.5K, 12K, & 15K allowed miles?
Thanks
Does this deal look good or can I still negotiate????
$54,995* ON 2008 RANGE ROVER SPORT HSE
$699* LEASE FOR 24 months $0 down if current LR owner
10500 miles year
Could you fill me in on the Lease factor and Residual for a Sport??
Thanks
Here is my insight on it:
I went with the RRS MSRP of $64500 - $999/month $2k out of pocket (tax, title etc) 12k miles a year
From the MSRP prespective I looked at a few other cars:
- I negotiated at $54,000 BMW down to $1500 out of pocket and $579 a month (including Taxes)
- Audi Q7 $55,000 - $849/month for 24 months
BMW has the best 24 month lease while Audi has the best 36 months. If the quote you are getting is the ad special you might be able to break it down a bit more.
Car_man
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The lease that you mentioned in your post looks like an official Land Rover advertised payment. Most manufacturers' advertised lease payments leave a little meat on the bone so to speak. If this is an official advertisement, I suspect that you will be able to negotiate a lower selling price than the one that was used to calculate this payment...assuming that you are in an area that has a decent level of competition.
Car_man
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At the same dealer they are offering me for a brand New 2008 Range Rover HSE - they are offering me 2008 with luxury package for $1078 (selling price 59400, 36 months, 12,000 miles).
new 2008 RRS w/lux pkg
msrp-$62400
sale px - $58604 (invoice according to them is $57804)
$2995 current LR owners (they say Edmunds $2k is wrong)
so my cap cost would be $55604
all fee's and tax would be $3300
monthly pyt $743.83 for 2yr lease w/10500 miles-
(assuming I pay the $3300 upfront)
They confirmed Res-69% & Lease factor of .00224
I told them I have a LR coupon for $1500 but they said it can't be combined with $2995 incentive (even though Edmunds $2k incentive says it can be combined)
any comments?
Looking to Lease a RRSS and these are the numbers after a week of negotiations.
RRS Supercharged Loaded, rear entertainment. (dealer demo with 7K miles) - Quoted $66,000 24mo. 12K $1175. The money factor quoted was in the .003 range and 70% residual.
Just wondering if this is a good deal? :confuse:
Thanks SO much!!
jim
New 2008 RRS/Luxury
10,500 Miles
24 months
$3150 Inception for a $799 monthly lease
or $2500 down brings the pmt to $689
I can't get the loyalty cash, since I currently don't own a Land or Range Rover
The sales manager at a dealership in SoCal is trying to tell me his invoice is $55,300?
Also, I assume from your name that the car was bought in NY. When you say $3150 "inception," I assume that is basically the up-front NY sales tax, first month payment, and the usual nickle and diming (acquisition fee, DMV fe, etc), not any capital cost reduction?
I am being quoted similar figures in NY, but that is after the $3000 returning LR owner incentive.
what is the current Land Rover Capital Group's current buy rate lease money factor for a 24 month lease of a 2008 Range Rover Sport HSE?
Car_man
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any updates on the 3rd qtr lease numbers?
your website shows a mfg to dealer rebate of $4k, can that be applied to a lease?
I have the following offer from the dealer and did not know if it was a good one or not. I have a feeling that it is high but they are the only dealer around the area so???
This is a 2008 Land Rover HSE with everything- Luxury, Entertainment, Chrome Everything for $94,500
L.E.V 61%
residual 58090.30
selling price
Cash down $15,000
24 month lease
1106.58 monthly payment
84.65 monthly tax
1191.23 Total Payment
Total Down including tax 17,813.23
I told him I wanted the payment to be lower than 1200 per month, but I thought the down payment was a little high. Any help I can get would be great.
Thanks
B
You're right, the DP seems really high. I believe that with a 15K DP, your payment should be a lot lower than that.
Bogi
what is the current Land Rover Capital Group's current residual and money factors are for a 24/30 month lease 15K of a 2008 RRS/RRSSC?
Can the 4000 factory to dealer cash be combined with the Land Rover capital lease MF @ 0.00165?
Dealers I've spoken to, say it's one or the other, not both.
The Edmunds site shows it as a "no restriction" incentive
Car_man
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Car_man
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Car_man
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what state are you in?
the 36 mo lease is a US Bank lease, MF = .00202
12k miles = 48%, 15k = 47%
don't forget to ask for the 6K cash!
On my deal, I'm looking at 1000 over invoice (on the 59.5k msrp vehicle)
that looks like a great deal!, are you in So Cal?