Okay buying my RRS tomorrow. 60,400. Lux, rearseat, sat radio. I am in the northeast. MSRP is 64,400. Good, okay, or pull back and negotiate a lower price? Also buying cash.
If you don't like negotiating, and you want someone to take care of everything for you, then they seem to do okay... But, if you are looking for a skinny deal, and it looks like they aren't going to make a lot on the deal, then you get shuffled down to the bottom of the pile.. E-mails and phone calls go unanswered, etc..
In my opinion, a broker just adds cost to the equation.. If you are willing to pay that cost, they'll fall all over themselves trying to help you out.. If you are looking for a good deal, then you'll likely get worse service than you would going directly to the dealership..
Also Land Rover dealers are not even supposed to sell to brokers. We get a couple of bulletins a year reminding us of this and their are some rather harsh penalties associated with it. Makes me think that any dealer willing to skirt the rules to sell to a broker isn't going to offer up a very good deal in the first place.
Many thanks. I agree about the whole broker thing. In this case, the dealer cannot seem to match the fleetrates price. I am going to put one more call into the dealer to see if they will budge.
Want to buy a basic Range Rover HSE 15K miles/month. I live in California- I got a rate of 5000 down and 1100 month for 30 months through a broker- but it seemed questionable. What is the going rate now. I hear that it has gotten more expensive since Tata took over the company in the last one month. Any advise on which dealership in California is best. Any help would be greatly appreciated- I'm buying in two weeks. Thanks and if you know the buy rate for 15k 30 or 36 months- please post
I have been offered a $7500.00 discount off of the 2008 LR3, I was told that this is the new May incentive. Has anyone else been offered the same or more?
Are you in Texas by chance? There is some kind of pilot program there with large incentives but it doesn't exist in any other state.
There is some owner loyalty money and really complicated lease cash money that can be used as a discount to the car but only when using a non-land rover lease.
that's a good deal. I'm paying $930 per month out the door for the same truck, 2007 model, and that includes tax and no down payment other than Destination fee, registration, etc... You should be happy you got that deal. I was on X plan.
Hello I have been looking at the 07 or 08 bmw x5 4.8 and Range Rover Sport, I like both and pluses and minues to both. I need to decide in next few days,,
x5--I like the performance, german design, especially the interior! my wife said though it looks more like a soccer mom's car which I dont agree with given its a 4.8 which I think looks cool and masculine. I have mostly seen guys drives these.. Range Rover Spor--I love the exterior look of these! Hate the interior, very booring and all plastic. Handeling is pretty good for a large SUV but no as agile as the x5.
any help and or advice is much appreciated!! thanks
I would definitely go with the RRS. I agree with your wife the bmw, lexus, infiniti's all look like soccer mom cars to me. But I am biased too I do not like BMW's at all. I think the Porsche Cayenne is one of the ugliest/boring cars ever designed by Porsche. I bought my wife a red RRS and me a blue one. I am a huge Land Rover fan. Also if ego plays a part (and it does a bit with me!) No one looks at a bmw (imo), everyone looks at a Range! Go with the luxury package too. I love my SUVs.
I leased a RRS at the beginning of the month, but I was coming out of an RRS lease so I don't know how much my experience will help. I always liked the RRS, looked at the X5 and Q7 and liked some things more, others less, and overall I thought the RRS was simply far better looking, and I occasionally go on the beach with it and the X5 and Q7 would be in the Atlantic somewhere (or still trying to get itself out of the sand) if you tried that. I did not even go to the dealer, they picked up the old one and brought the new one (same color!).
As far as terms, I paid $58.2K. As a returning RRS owner, though, that was knocked down an additional $3K. So, apart from being a better truck, the price was unbeatable (24 mo./10.5K miles) at $725/mo plus tax, and way cheaper than my existing 2006, 27 month lease.
It was the luxury -- you basically cannot buy a RRS around these parts without the lux package and sat radio unless you order it from the factory. The price is a reflection of the low deal price with the $3,000 returning owner incentive and the very high residual (69%) on a LR finance lease. The purchase price worked out to $55.2K vs. $62.4K sticker.
The vehicle was from the NYC dealer, but there was nothing particularly special about the terms. This is an off-the-rack LR Finance lease. I don't know if the June terms are the same, but a 24 month/10,500 mile per year LR Finance lease was 0.00224 money factor and 69% residual. The residual is 1% higher for a 12,000 mile lease. Pretty much all dealers were offering mid 58K selling price without even negotiating hard. The $3,000 incentive came off whatever the best price you could find.
I paid no money down, but in NYC you have to pay the sales tax upfront. Adding in a few dealer accessories, my net purchase price was $55.4K.
I am not sure how your estimate yielded a .00125 money factor. At 69% residual, the terminal value is 43,056, meaning there is 12,344 of depreciation to be financed. The 0.00224 money factor yields a finance charge of 5,293. So, there are a total of 17,637 in lease payments over 24 months, or $735/mo.
Well I will give my feed back on my buying experience. I have two 2008 RRS's. I paid $67,000 including tax, tags and title, in the new york area with, rear dvd, luxury interior, satellite, running boards, and a few other insurance packages. I purchased the vehicles in April and received the buyer loyalty discount. Prior to owning RRS's I had a discovery. The main reason I bought the brand again was because of the service I received on my first vehicle. Both of my suv's have about five thousand miles on them.
Pros: My wife and I love the cars. The style simply sets them apart from other SUV's in the luxury class. The interior is wider than the discovery and very comfortable for an adult to sit in between. Also if you have kids the reason we did not get the RR was due to the difficulty of moving the car seats in and out of the vehicle. When we finally got the seats in it was also a tighter fit in the middle. It has the sport transmission used once, nice feature if you off road I guess. The car raises and lowers for access and off-roading respectively. Which I enjoy, the access part at least, I don't know if it will ever see real dirt... It has cool transmission features for different terrain conditions, admittedly not getting much use. The driver and passenger seats are very comfortable and recline nicely for long road trips. There are also very few blind spots while driving. The SUV has a very smooth ride. There is a refrigerator between the driver and passenger seats which is nice to keep things cool. Service, they come and pick the vehicle up, give you a loaner and bring it back. To me that is nearly priceless.
Cons: The first con is lack of space in the rear. There is significantly less room than we had in the Discovery. We have an extremely large dog which we now have difficulty travelling with when we try to bring luggage. The fridge does not cool anything down, if it is not cold going in, it is going to take hours to get cold. Soda in the fridge for three hours and it was slightly chilled. The fridge should also have a pull out liner so when you spill the kids milk in it you can take it out to clean! I-pod integration is a joke, basically a jack in the back seat you plug your I-pod into. This is in need of serious improvement. The I-pod does not integrate into the sound system so you still need to have access to it to change songs, etc.
OKS: Navigation system is ok, not the best I have used. Gas mileage is about 13-15 mpg average. The phone blue tooth integration is adequate though sometimes people have difficulty hearing me.
Problems: The only problem so far has been with the DVD player in one of the SUV's this was a problem when we bought the car. It needed to be replaced.
If I think of anything else I'll add it... Still highly recommend the car!
Just leased an 08 RRS in So Cal. $63k list, $56k purchase price, 48 month lease with US Bank, $830 a month plus tax. Residual is brutatl right now, in the 32% range and the money factor was around .0020. Hope this helps people, its the best I could find around Los Angeles.
I am looking into purchasing this used 08 rr sport no lux package with 9800 miles on it. It's in average condition nothing major. They are asking 45000 for it. I would like to know what i should expect to pay before i go in and try to negotiate. I would really like the wood grain and w/o the package i know i am giving in. Anybody with any help is appreciated
Where are you located? In the NY Tri-State area a friend of mine got a new luxury and satellite radio 2008 Range Rover Sport with an MSRP of $62,400 for under $53,000. I believe that a brand new none luxury 2008 Range Rover Sport with an MSRP of $60,700 was running well under $52,000.
I am a big fan of the Range Rover Sport. However, I don't know if it makes much sense to lease one especially when US Bank is anticipating the residual will be 36% and 35% after 12,000 miles per year and 36 and 39 months, respectively.
Thanks matt for responding. That is a steal if your friend got it for 52-53k. I am located in dallas texas and the price of a new one is slightly outta my budget but if i can get a new for under 55 i would definetly look into that. Anybody elses experience would be appreciated
anyone in nj know if lease on sport under 700/mo possible/which dealership? I am in Monmouth and will travel a little bit. I have ml350 now that I love but don't know if getting 2 makes sense. We need another car-can't decide what to do and are all over the place. We had a RR in past (06) but like the size of sport now.
It is next to impossible to get a Range Rover Sport below $700 per month. There is a substantial amount of lease support from Land Rover and US Bank's 48 month lease program is average, but close to $800 per month plus taxes and inception fees (first month's payment, bank fee, motor vehicle fees, dealer doc fee) due at signing is more likely. There are a couple competitive lease take-over and new car ads on some of the larger lease transfer sites.
is it true RRS can still be purchase under the x-plan pricing? It's listing x-plan as ~ 54K. very reasonable price as I don't want the hassle of dealing on price. If so, can this be applicable to a factory order as I'm not interested in a RRS w/lux, which is actually what all the stocks are. so i was told if I want one without Lux or Sat, I need to order it. Just curious if x-plan still applies in this situation? TIA
This is my first post here, and I'm still a newbie to the RR world, as I've been with BMW since day 1, so be easy on me . So I'm interested in the 2010 Range Rover sport HSE, but I'm currently about to end my lease on my bmw 525i at the end of this month. So I need a vehicle until the 2010 comes in, and I can lease it. I was hoping this "short-term" vehicle could be a RRS so the dealership I've been working with offered to sell me a 2006 Sport SC at $39,995 (+ taxes of $2509). They agreed to buy back the vehicle minus $1000 per month for each month I keep it to cover the depreciation. With $0 down and a 2.9% apr I'm looking at $765 a month. So By my calculations(which could be wrong here!), this "short term Range Rover Sport" will REALLY cost me around/more or less $1150 a month. Hopefully the 2010 Sport will be out by the end of Sept, and I have to only keep it for 3 months. Do you all think this is a good deal, or do you have any other ideas to get me in RR sport from the start of July until the 2010 model is avail and I can lease it?
I was offered a 2006 range rover sport Supercharged black on black with 41k miles (with lux/cold weather/ and rear entertainment) for $40k. How does this price sound to you all?
Hi. I am looking to possibly buy a used RR HSE, 2006 model. I have seen many reviews on the car, on both sides of the spectrum. I need some solid information; is this going to be a reliable car? I can't afford a new one, so I would buy a certified pre-owned one. I see reviews that are critical about the maintenance costs and frequency of maintence. Are the motor and transmission reliable? Do small repairs cost a fortune? Should I buy one, or should I keep my Nissan? Somebody, anybody, please help me out with your views of the car, if you have owned one before. Maybe since Ford bought it, the motors are better?? I appreciate any information anyone can give me....
That sounds like a good price to me, based on the prices I have been looking at for used RR HSE in Atlanta, which are not even a Supercharged. I would buy it!!
I am a RR Newbie. I am looking to purchase my first RR Sport/ It is a 2008 HSE with 18 months left on lease (taking under lease transfer). The payments are roughly $899 p/m for 18 months with a lease end buy-out of $33,000.
Would this be a wise first purchase? How does the price sound with the option to exercise the lease end purchase? Any help or tips would be greatly appreciated.
OK so the MSRP came out last week finally. anyone lease one yet? car man any idea on the residual & mf for a 2010 with the luxury package for 15K miles? Thanks new to the forum, been reading for a long time, in NY but would travel in tristate area for the right deal. THANKS
I don't think Land Rover has worked out a lease deal with Chase yet for the 2010. I am also looking to lease the 2010, and there is still nothing firm. The Car I have put down a deposit on is due by the end of the next week, so I don't know what's going to happen. I'm not even sure what the lease rates would be other banks outside of chase. Anybody else have any insight here?
Comments
And what about the vogue when will be the redesign?
i have receieved a quotation from these folks on a new RR.
My question is does anyone have experience of buying from them, are they legitimate, reliable etc?
Their pricing appears better than the dealer, although not by much.
Any feedback much appreciated.
If you don't like negotiating, and you want someone to take care of everything for you, then they seem to do okay... But, if you are looking for a skinny deal, and it looks like they aren't going to make a lot on the deal, then you get shuffled down to the bottom of the pile.. E-mails and phone calls go unanswered, etc..
In my opinion, a broker just adds cost to the equation.. If you are willing to pay that cost, they'll fall all over themselves trying to help you out.. If you are looking for a good deal, then you'll likely get worse service than you would going directly to the dealership..
regards,
kyfdx
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In this case, the dealer cannot seem to match the fleetrates price. I am going to put one more call into the dealer to see if they will budge.
Good luck, either way..
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There is some owner loyalty money and really complicated lease cash money that can be used as a discount to the car but only when using a non-land rover lease.
Are you leasing the LR3?
I am looking to lease a RRS and these are the lease quotes.
24mo. 12k Miles RRS with rear entertainment and Luxury Quoted $58000 $1034 per mo. no money out of pocket
Same deal 30months $940.00 both include my local tax 7%
---OR--
RRS Supercharged Loaded (Owners demo with 7K miles) - Quoted $67,000 24mo. 12K $1340 or $1064 30mo.
Just wondering if this is a good deal?
Thanks SO much!!
Jim
x5--I like the performance, german design, especially the interior! my wife said though it looks more like a soccer mom's car which I dont agree with given its a 4.8 which I think looks cool and masculine. I have mostly seen guys drives these..
Range Rover Spor--I love the exterior look of these! Hate the interior, very booring and all plastic. Handeling is pretty good for a large SUV but no as agile as the x5.
any help and or advice is much appreciated!! thanks
I remember writing you a post in the x5 forum
I am very curious to know what you bought because my choice is x5 and my friend considers the RRS and you liked both of these cars.
BTW has anyone recently bought a RRS if yes please share your experience in DETAIL please.
Lately this forum is dead.
As far as terms, I paid $58.2K. As a returning RRS owner, though, that was knocked down an additional $3K. So, apart from being a better truck, the price was unbeatable (24 mo./10.5K miles) at $725/mo plus tax, and way cheaper than my existing 2006, 27 month lease.
do you know what your money factor was?
my rough estimates show a money factor of approx .00125
if so, what dealership?
I paid no money down, but in NYC you have to pay the sales tax upfront. Adding in a few dealer accessories, my net purchase price was $55.4K.
I am not sure how your estimate yielded a .00125 money factor. At 69% residual, the terminal value is 43,056, meaning there is 12,344 of depreciation to be financed. The 0.00224 money factor yields a finance charge of 5,293. So, there are a total of 17,637 in lease payments over 24 months, or $735/mo.
I believe the 69% residual is for a 10.5k mile lease & .00224 is the dealer buy rate MF
Without trying too hard (in So Cal) the RRS HSE can be had for 500 over invoice.
I will re-check my math as to payments.
thx for the detail
Selling price was $72,400
leased it for $1000 down and 1st payment
24 months - $1299 a month with tax.
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Pros: My wife and I love the cars. The style simply sets them apart from other SUV's in the luxury class. The interior is wider than the discovery and very comfortable for an adult to sit in between. Also if you have kids the reason we did not get the RR was due to the difficulty of moving the car seats in and out of the vehicle. When we finally got the seats in it was also a tighter fit in the middle. It has the sport transmission used once, nice feature if you off road I guess. The car raises and lowers for access and off-roading respectively. Which I enjoy, the access part at least, I don't know if it will ever see real dirt... It has cool transmission features for different terrain conditions, admittedly not getting much use. The driver and passenger seats are very comfortable and recline nicely for long road trips. There are also very few blind spots while driving. The SUV has a very smooth ride. There is a refrigerator between the driver and passenger seats which is nice to keep things cool. Service, they come and pick the vehicle up, give you a loaner and bring it back. To me that is nearly priceless.
Cons: The first con is lack of space in the rear. There is significantly less room than we had in the Discovery. We have an extremely large dog which we now have difficulty travelling with when we try to bring luggage. The fridge does not cool anything down, if it is not cold going in, it is going to take hours to get cold. Soda in the fridge for three hours and it was slightly chilled. The fridge should also have a pull out liner so when you spill the kids milk in it you can take it out to clean! I-pod integration is a joke, basically a jack in the back seat you plug your I-pod into. This is in need of serious improvement. The I-pod does not integrate into the sound system so you still need to have access to it to change songs, etc.
OKS: Navigation system is ok, not the best I have used. Gas mileage is about 13-15 mpg average. The phone blue tooth integration is adequate though sometimes people have difficulty hearing me.
Problems: The only problem so far has been with the DVD player in one of the SUV's this was a problem when we bought the car. It needed to be replaced.
If I think of anything else I'll add it... Still highly recommend the car!
Where are you located? In the NY Tri-State area a friend of mine got a new luxury and satellite radio 2008 Range Rover Sport with an MSRP of $62,400 for under $53,000. I believe that a brand new none luxury 2008 Range Rover Sport with an MSRP of $60,700 was running well under $52,000.
I am a big fan of the Range Rover Sport. However, I don't know if it makes much sense to lease one especially when US Bank is anticipating the residual will be 36% and 35% after 12,000 miles per year and 36 and 39 months, respectively.
Best,
Matt
eights38@gmail.com
Thanks
Joe
It is next to impossible to get a Range Rover Sport below $700 per month. There is a substantial amount of lease support from Land Rover and US Bank's 48 month lease program is average, but close to $800 per month plus taxes and inception fees (first month's payment, bank fee, motor vehicle fees, dealer doc fee) due at signing is more likely. There are a couple competitive lease take-over and new car ads on some of the larger lease transfer sites.
Matt
eights38@gmail.com
sell price 64900
residual factor 35
depreciation 34660
down payment ($7500: 2500 for car, 5000 for rest)
48 month 12k lease
999.00 (w/tax) per month
With included silver painted spoilers (front, railing, back)
With included supercharged rim painted black.
what do you think?
hn
TIA
This is my first post here, and I'm still a newbie to the RR world, as I've been with BMW since day 1, so be easy on me
Thanks for the help!
I was offered a 2006 range rover sport Supercharged black on black with 41k miles (with lux/cold weather/ and rear entertainment) for $40k. How does this price sound to you all?
Would this be a wise first purchase? How does the price sound with the option to exercise the lease end purchase? Any help or tips would be greatly appreciated.