FL 2005 LR3 SE7 V8 Lease - $277/mo - Defender Source
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  #1  
Old May 17th, 2008, 05:22 PM
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martin
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Arrow FL 2005 LR3 SE7 V8 Lease - $277/mo

Another incredible deal on a Land Rover lease....

A co-worker of mine has 10 payments left on this lease @ $276.67 (plus tax), with the option of extending it an additional 3 months (under warranty the whole time). There are 44,794 total miles allowed on this lease, and the LR3 only has just under 25,000. The lease-end purchase option is $28,700.55. He would like $2,400 to take over this lease, and the new lessee gets back the $250 security deposit at lease end.

It has Lighting Package (Xenons, Homelink, Fog Lights), Rear Seat Package, Rear Climate Control, Roof Rails and 19" Range Rover wheels with Michelin tires.

Email me with any questions or comments.... podgorskim@autonation.com
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  #2  
Old May 23rd, 2008, 12:33 PM
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martin
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update, 9 months remain and due at start $1100 with $250 given back at lease end to leasee.
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  #3  
Old May 23rd, 2008, 07:42 PM
DaveG
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I think the residual is a little high. That may be the reason you're not getting a lot of interest at this point. Have you tried leasetrader.com ? I've had some luck on that site. Nice rover, good luck with the transaction.
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Old May 23rd, 2008, 08:00 PM
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Neil Steinhagen
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Dave, PM sent.
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  #5  
Old May 23rd, 2008, 08:53 PM
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martin
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Thanks for the first response, DaveG!!

The residual means nothing unless the person taking over the lease wants to buy it at the end.
Someone can drive this Lr3 for 9 to 12 months, bring to a land rover dealer and get into something else. I highly don't recommend purchasing a leased vehicle.
I have noticed that banks are adjusting their residual at lease end too. based on markets values.

Please also remember that this Lr3 comes with free schedules maintenance.
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Old May 23rd, 2008, 09:02 PM
DaveG
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That's a great point. I just always look at the residual, think I would buy it at the end. Good luck with the sale..... do check out leasetrader. I know several people who have taken over leases from there and one that has traded his lease to get out of it.
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  #7  
Old May 30th, 2008, 01:35 PM
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Lease Transfer has begun Thanks!
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