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Lease LR3 in 2009?

by njmdx on Thu Dec 25 18:46:34 PST 2008

CarMan, I've been hearing Land Rover will start an aggressive lease program for the LR3 in january -- have you heard anything about this? Current lease deals are not so good! thanks

Re: My lease is almost up on RR 2006 HSE [malibugaga]

by rover_guy on Sun Nov 30 15:40:03 PST 2008

Hi Malibugaga, 90265 - Malibu-gaga.. Now I get it! Guess I am a little slow some times. Currently there are no good deals on the 09 sports, and most dealers are out of, or almost out of the 08’s (some ugly colors still exist). I agree you should get a full size Range Rover… The program is pretty good; much better then the program on the 09 sports. A Ranger Rover HSE with factory DVD has an MSRP $81,050 If your credit is above average a lease with12,000 miles per year should look like this: 36 months, $2,500 due at signing (approx) $1150 including tax (Malibu / LA County) Or 48 months, $2,500 due at signing (approx) $1075 including tax (Malibu / LA County) The residual is super low in both cases 36% and 21% – but I with all of the dealer cash and rebates the numbers still add up. I wouldn’t wait till January I doubt the program will get better. As a matter of fact I am willing to bet the programs will get worse. With the sale of Land Rover finalizing, come the 30th of December, Land Rover Capital will be no more, and Chase will be stepping in as Land Rover’s captive lender (Chases programs are no where near as good as the current LRCG programs). Furthermore next to a brief spurt towards the end of 2006 this is the cheapest payments I have ever seen on a Full Sized Range Rover … Rover-Guy

Re: My lease is almost up on RR 2006 HSE [jbratx]

by rover_guy on Sun Nov 30 14:25:55 PST 2008

Hi Jbratx, Depending on where in LA you live for best overall buying experience I would recommend the following, one of them should be relatively close. Land Rover Thousand Oaks (Silver Star)– ask for the fleet manager (be sure you get the one who is actually in the land rover building, younger fellow very knowledgeable, and got our last 2 Rovers from him, and he had them delivered to our home contracts, and all.) Land Rover LA, (Hornburg)– ask for the internet sales manager… several happy people have got good deals there, but be careful some of the sales managers / sales people get a bit atypical and play the game. Land Rover Mission Viejo – ask to speak with the sales manager, there are two, you want to speak with the young man with a bit of an atypical California surfer accent… also a low stress buying experiance. All three of the above listed dealerships have been referred on more then one occasion, and we have either worked directly with or had friends or family had excellent buying experiences with very competitive pricing, and more importantly with out hassle or games you would find at other dealerships. That being said, I would also recommend you stay away from 2 particular dealerships, both are under the same ownership, and both have the worst reputations for a highline dealer that I have ever come across. I won’t mention them by name simply say, to save mild brain trauma, stay away from the valley and the airport area… Hope that helps, Rover-Guy

Anyone know the latest lease rates and residuals?

by rob_lasvegas on Wed Nov 26 06:04:57 PST 2008

Looking to lease a 2008 Land Rover HSE. Dealer says $1650 per month. This includes luxury package, DVD, Tire/Wheel protection. 12,000 miles per month. He says discount and rebates of 13,000 give me a good deal. However, money factor seems high and residual seems very low. Anyone hear of what I should really be paying. Thanks!

Re: My lease is almost up on RR 2006 HSE [malibugaga]

by rover_guy on Thu Nov 20 19:52:44 PST 2008

Hi Malibugaga, Let’s see – I would guess that your leas is with LRCG as they had the best program in 06, regardless all the leasing companies use independent inspection companies to asses the damage v.s. normal wear and tear to your car. Most dealerships can give you a general idea of what is considered acceptable and what is not, but keep in mind they play no part in what the bank ultimately charge’s you for damage if any. I would recommend contacting the local dealer to see what they say – if you give me an idea of where you live I may be able to recommend the closest / best dealer to speak with. As for question #2 – Land Rover recently released extra money / incentives on the 2008 full sized rover – ie – with minimal drives (1st month payment tax and lic.) you should be at about 999+ tax for 39 months with about 10,500 miles per year. (keep in mind the banks are being very cautious who they lend money to theses days so it would be based on a very strong credit score). I believe this program nets the dealer about $1200 total gross, which is very fair. You may be able to negotiate this down a little bit – again depending on where you live I may be able to recommend a dealership who I have heard is very competitive. A sport for $1650 a month sounds very high.. Was your quote on a supercharged model?, Or with extra equipment? and was it a 2009 or 2008? If you give me the MSRP of the sport you were looking at I can give you a better idea of what the payment should be. That being said I know that you will get a better overall deal on a 2008 Range Rover HSE based on the incentives and programs available. Hope that helps a bit, Rover Guy

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