Michigan Land Rover Car Dealers

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MI Land Rover Car Consumer Discussions

Re: Hello Carman, '08 Range Rover Sport Residual and MF [Car_man]: by uec on Tue Dec 11 14:55:53 PST 2007; Greetings Car_Man, 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!

Re: LR2 lease - 24/36 mo & 15k mi - need money factor and residuals [koberr: by Car_man on Mon Nov 26 02:50:15 PST 2007; Hi Ken. Dealer invoice is a very good price for a lease of a 2008 Land Rover LR2. Now that you have negotiated a good selling price, all you have to do is make sure that the dealer that you are working with uses its buy rate lease money factor to calculate its monthly payment. According to the latest information that I have seen, Land Rover Capital Group's current buy rate lease money factor and residual value for a 24 month lease of a 2008 Land Rover LR2 SE without the Tech package with 15,000 miles per year are .00119 and 66%, respectively. The numbers for an otherwise identical 36 month lease are .00213 and 53%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum

Re: LR2 lease - 24/36 mo & 15k mi - need money factor and residuals [koberry]: by schott on Sun Nov 25 19:57:51 PST 2007; Hi Ken, In some areas of the country there seems to be more inventory of the LR2 SE than others. Apparently, they are no longer shipping the SE to dealers, only the HSE. So, if you want certain options and colors, it will probably be more challenging the longer you wait. The best deal I could find was $500 over invoice in LA. Even though your dealer may be able to give you a deal near invoice with what he has on his lot, be sure he may not be adding some additional fees. And, if he needs to find the options and color you want than different thnt what he has, you may need to spend a bit more - if he can get it. I believe the 12K lease was about $15/mo more than the 10.5K lease for 30 mos. I have for $410/mo incl. all taxes & fees with a total of $3k down. Obviously, the amount you put down will vary your monthly payment. I believe the heated seats added about $20/mo and the lighting would add over $30/mo. So, when you add your options and additional miles, it would probably be about $100/mo more than for a base unit with no options. If you can get your deal for under $475/mo it would seem to be a pretty good deal. If you exclude the lighting option, you could probably get a deal around $450. With regards to the lease term, the monthly is only a few dollars more for a 30/mo than a 24/mo, but the 36/mo lease jumps up quite a bit for the special SE financing. So, you may want to do 30/mo instead of 36/mo to get the best deal. In LA, there are very few 2008 X3's available, and as a result, the lease deals are not very attractive. A similar deal with my preferred customer status was over $500/mo. for the X3. The only good thing, is that adding Nav is only about $25/mo more and the luxury package includes blue tooth and Sirus for 3mos. free. So, the X3 with tech is actually about the same as the LR2. The RDX may have a better deal than the X3, but it's the worst of the three to go off road and it's interior is inferior, in my view. The tech stuff in the RDX is the most advanced in just about any vehicle I've seen, but they made it more complicated to use than it should be. Good Luck.

LR2 lease - 24/36 mo & 15k mi - need money factor and residuals: by koberry on Sat Nov 24 08:45:08 PST 2007; I'm coming out of a lease on an RX330 and have driven pretty much everything in market, from the pilot to the Mercedes. The LR2 seems like a nice car, though I'm a bit concerned about what the service experience might be like w/ Landrover, compared to Lexus. I drove the LR2 last night in Cary, NC. The dealer basically offered a deal at invoice within just a few minutes of talking - I assume the market must be terribly slow here... I would really like any help w/ the money factor and residuals for a LR2 SE + cold climate and lighting - no tech... - 15k miles/year - 24 & 36 months Other posts have referenced a 69% residual for 36 mo & 10.5 mi/yr, so I'm assuming a 15k residual will be somewhere around 65% - would really appreciate some confirmation of all. I'm expecting payment will fall somewhere around $450 including tax, which makes this a pretty compelling buy, compared to the RDX and X3 - agree? Thanks, Ken

Re: What about leasing deals on 2007 models? [Car_man]: by suvcurious on Mon Apr 16 10:37:03 PDT 2007; Hey there! Sorry to butt in! I've been waiting for someone to start talking about the 2007 LR3 leases! :) This is the car I REALLY want.... but I'm not sure I can afford it. That's why I've been looking at the BMW X3 & maybe even the Acura RDX. HOWEVER, if there a special deal going on with LR.. I'd love to jump on it! What could I expect to pay for an V6 LR3 with Navigation for 36mos 12k mi/yr? Thanks in advance! SUV CURIOUS :P

Shocked at some of the lease deals I have read: by mrmason on Fri Mar 30 18:16:57 PDT 2007; I am looking at a RoverSport HSE 07, lease 30 to 36 mos. 10,000 mi. I live in TX and am being quoted mo payments much higher than what I have read here. $1100 with tax credit and as high as $ 1400 without. (no money down) Has anyone had luck in TX getting payments in the high 800's and low $ 900'S?

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