Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Land Rover Range Rover Sport Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
On the other hand, its program on the Range Rover Sport is actually not too bad. Its current buy rate lease money factor and residual value for a 24 month lease of an '09 Range Rover Sport HSE with 15,000 miles per year are .00018 and 60%, respectively. The numbers for an otherwise identical 36 month lease are .00027 and 48%.
The last time I checked, Land Rover's base acquisition fee was $595. I have not looked recently so I'm not sure if the dealer is trying to mark your fee up or if it has increased. I suspect that it is the former, but I am not 100% certain.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I see from the Range Rover Sport Incentives & Rebates page that Rover is running a lease special on the Sport HSE for $799/mo. I also see that there is a $3000 Manufacturer to Deal incentive, which specifically notes that it cannot be combined with special purchase financing rates through Chase, but it doesn't say anything about the Lease Special. Is this something I can try to talk my dealer into passing along to me as part of my lease negotiations, or do they not get it because I'm doing the Lease Special?
I ask because my salesman immediately volunteered to pay the last month of my current lease ($672) and I'm trying to figure out where that money is coming from since their sale price in the lease special is only about $1300 over invoice. I can't imagine they're willing to only make ~$630 on the truck without any haggling.
Thoughts?
-Undertak
M.S.R.P. $82,950.00
SELLING PRICE $55,950.00
BANK FEE $795
RESIDUAL % 23
MILEAGE DEDUCTION 0
RESIDUAL AMOUNT $19,078.50
MONEY FACTOR 0.0039
MONEY DOWN $795
TERM 48
TAX RATE 7
PAYMENT W/ TAX $1,148.92
INCEPTION FEES $1,999.57
TAG FEE $399.50
SUPPL. TAX .4% $223.80
+ SEC. DEPOSIT (+$25) $-
TOTAL FEES $2,622.87
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
These are the terms for for a 60 month purchase. Notice he is not offering a 0% rate, and he raised the price of the vehicle by $10K.
SELLING PRICE $65,950.00
TRADE $-
TOTAL $65,950.00
+ SALES TAX $4,616.50
+ TAG,REG, TITLE FEES $250.00
+ PAY-OFF AMOUNT $-
= GRAND TOTAL $70,816.50
- MONEY DOWN
SUPPL. TAX .4%
= AMOUNT FINANCE $70,816.50
TAX RATE 7.00
MONTHS FINANCE 60
INTEREST RATE 3.00%
MONTHLY PAYMENT $1,272.48
Here is a lease quote I received yesterday on a range rover sport with luxury package. How does it compare:
$752, 3k down, 12k miles, 36 months, first payment due at signing.
Thanks,
- Simon
Thanks,
Alex
I wouldn't put $3k down on your RR lease - if you make a cap-cost reduction you lose your GAP insurance on a lease. So just pay fees and DMV and 1st month payment. What is the negotiated price of the vehicle (cap-cost)? Does the $752 include tax? It seems to me that given the incentives, inventory, and current economy, your cap cost should be around invoice price (approximately 56k on an msrp of 62k); with cap cost at 57k, resid at 60% and mf at .00018, your payment would be less than $600 without tax. go back to your dealer and ask for the specific #s before you sign.
50% Residual, .00027 Money Factor (low)
$899 Cap Cost Reduction, $679 Per month.
This not not count MA state tax which is 5% and start up costs which was first months, aquisition fee, dcoumentation fee, title, registration, etc, but these were the raw numbers. I think it is pretty good for a 62K car because they had to bring the cost down to about 55K to make it happen. I want to confirm this. Any thoughts?
I'm looking into leasing a 2009 Range Rover Sport SuperCharged SUV. I'm interested in a 36 month 15,000 miles per year lease. Do you have the money factor and residuals (%) for April?
From information gathered from Edmunds, the dealer is currently receiving $5,000 marketing support dollars for purchase or lease of this vehicle. If I used the TMV caluclator and came up with a TMV of $65,000, which is down from an MSRP of $71,000, can I subtract the $5,000 from the $65,000 (=$60,000) and make my lease caluclations based on $60,000?
Thanks for your help, it's always appreciated!
The numbers for an otherwise identical lease of an '09 Range Rover Sport SC are .00058 and 49%.
You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Land Rover's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Range Rover Sport SC with 15,,000 miles per year are .00022 and 58%. The numbers for an otherwise identical 36 month lease are .00058 and 49%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Im looking at a 2009 Ranger Rover Sport HSE with luxury package 62,150.
36month/12k mileage. Im in Los Angeles,
Can you give me the residual and money factor? Can you explain this incentive:
"$5000 Dealer Cash is available toward the retail purchase or lease of a 2009 Ranger Rover Sport model. See dealer for complete details."
What would be a reasonable buying price on this car?
Thanks!
10,500miles 48month lease
$7000.00 down
$599.00 a month
IS THIS AGOOD LEASE?
Also if someone could explain what is the residual value?
Thanks for any help given.
That doesnt sound like a good deal to me. You never want to put that much money down on a lease.
Im at 1500 Total drive off, 725$/mo 10k mi 36months on a 62250 msrp car
What should i be able to get the selling price to (given that its going into a 36 month lease program)? Thanks all -WR
i just saw your post after i posted mine... if you're at 725 then that equates to a selling price of 55,300... that's a great price. May i ask what dealer you got it from? I need to be in a car this week, my lease is up tomorrow. Thanks -WR
The dealer Im working with is in the Los Angeles area. Three separate dealers are willing to match that in this area. I havent been able to get lower so far. I believe it is the car at invoice with their best lease rates. 1500 is no cap reduction so it is the minimum drive off.
The best thing to do is use edmunds quote and let them know you have it at this price and if they can match it. Most likely they will as they want to move the unit.
The new 2010's have improved the interior of these things so the 2009's are being moved at much lower prices. The body stays the same so it is a good value.
Wregan, the dealer quote you received started above their advertised price which already sounds like someone you want to stay away from.
-ed
36 month lease and 15000 miles/year in houston tx
thanks
Did you make the deal for your RR Sport?? Which one did you get and what was your lease deal.
I also am in the Southern Calif area, which dealerships did you work with.
Thanks for info
T
RRS cold weather, luxary package, 3694.43 which includes 2995.99 down 1st month -
12,000 miles including tax 846.00
15,000 including tax 865.00
please let me know if this is a good deal or is their room
I want to get a Range Rover Sport SC.
Just wondering since its been 3 months since you posted the information about the money factor & residual value for a 2009 Range Rove Sport SuperCharged, would you know if it is still the same or could you give me the new rates.
Thanks for the help
T
Can I do better?
Thanks
Land Rover is currently providing a $5,000 dealer cash incentive on the 2009 Range Rover Sport, but to the best of my knowledge it is not compatible with the aforementioned special lease program.
I am not personally all that familiar with how much others have been paying for this truck lately, but you may be able to get an idea by stopping by the "Land Rover Range Rover/Sport Prices Paid and Buying Experience" discussion.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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?
Thanks for the help!
ajp
I bought a 09 RR Sport SC a couple of months back. I love the car but a few times I have noticed that the outside temperature reading that is on the dash is blank (has lines) instead of reading the temp like it was. After I shut off car for a little while it comes back on as normal. Has anyone else had this problem and gotten it fixed.
Thanks
T
Miami, FL
Range Rover Sport 3 year lease
luxury package
sport wheels
10,000 mi/year
$3500 down
$830/month
Thanks!!
If you were to lease this truck with only 12,000 miles per year, its residual values would be 2% higher. Its 10k resids are 3% higher than its 15k resids.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum