Probably the wrong forum to be asking about financing anything but still value your input.
Looking at a loaner full-size HSE right now with 2,500 miles. 100k sticker.
Negotiated lease payment is $1,225 for 33/10 taxes incl. (first month only DAS) which after lurking around here for awhile should be regarded as a beautiful deal on a full size. In the neighborhood of 13-14% off sticker.
Like most manufacturers in these times, Land Rover has rolled out 0% for 72 months financing deal for well qualified buyers.
My dilemma lies in the fact that I could finance the vehicle for very close to the same lease payment and even with the crappy residual at the end of 33 months of financing I would be sitting pretty if I went to sell especially since I donāt plan to use all 30,000 lease miles.
Thoughts on which avenue is better? Iām not certain the dealer will let the car go for the leaseās negotiated selling price but I donāt see why they wouldnāt. Iām not privy to backroom hold back #ās etc on these lease deals. If purchasing should I expect to pay even less?
I gagged when I saw the discount. Good deal, in this scenario I would lease. I wouldnāt want to bother with having to negotiate trade value in 3-4 years when you go to trade it in.
@max_g Could there be some merit in financing if OP has a small business and uses the section 179 deduction? Then again thereās the risk of breakdowns on an RR that could easily outweigh any gains.
A cousin of mine picked up a full size in December- beautiful car and driving it makes you feel like king of the road- but within the first week the AC gave out. Think it was something simple like a fuse but still comical.
Heres what we can do. Iāll compile auction data of all lemon law vehicles run through Manheim and calculate that as a percentage against total vehicle production. Iāll put a substantial bet that Mercedes takes the cake for being king of the lemons.
Hah. It took me months to track down the cause of intermittent A/C loss on our Odyssey. The system has 4 relays that you canāt test and two of them were bad, hence swapping them one at a time was yielding no results until I replaced them all on a whim
I think RRās are just as reliable as any other luxury make, but the parts and labor cost is going to be outrageous long term.
Hey Iād go to edmunds link below and either see what they posted or just a ask what it would be and provide your model/trim level, months, and miles desired. Someone there will hook it up
I am sure they are reliable right until the 50K warranty runs out. Same goes with the German and the newer Volvoās, but the Volvo is probably a bit cheaper to fix.
It was quite similar to this, I donāt have exact numbers in front of me. The payment is showing lower so I assume they padded the MF by a little bit. And there was a manufacturer discount for the PHEV plug in tax credit that I didnāt see until signing to the tune of $6300. Add in my $1200 first month payment on top of that for total cap costs of ~$7,500.
At the end of the dayāknowing I was gonna get a good deal āI gave them my monthly payment max and said only first month due at signing and they made it happen somehow.
