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Old 04-22-2006, 10:09 AM   #1
Peaches
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Anyone have an LR3?

They are offering an AWESOME lease deal in my area. Yeah, I know the Land Rovers are hate/love situations, but a friend of mine is on her 2nd Disco and loves it. The lease is ony 24 or 30 months so I figure if it sucks, it will be gone soon

I actually DO need real 4WD, not just a soccer mom grocery carrier, and it's getting harder and harder to find something that has all the luxury bells and whistles I want and has a way for me to put it into 4WDL

Any info from owners or those who have looked at one is greatly 'preciated
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Old 04-22-2006, 12:21 PM   #2
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Bump - I know it's not a fancy car by GFY standards, but doesn't anyone know something??
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Old 04-22-2006, 12:25 PM   #3
spacekadet
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Get's great reviews - one of the most capable LRs ever. How good is the pricing?
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Old 04-22-2006, 12:28 PM   #4
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Quote:
Originally Posted by spacekadet
Get's great reviews - one of the most capable LRs ever. How good is the pricing?
The lease is incredible - $653 a month with a capital cost reduction of $1500. No downpayment. The caveat is $.25 per mile over 12K a year, but I plan on buying an old Jeep as a 2nd car so I shouldn't have a problem keeping it down.
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Old 04-23-2006, 10:36 AM   #5
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One more try................!!
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Old 04-23-2006, 10:41 AM   #6
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Hey Peaches,

You may want to search for a recent thread about Land Rover owners - some of those folks had this model. The car looks good and is a nice addition to the line.
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Old 04-23-2006, 10:43 AM   #7
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Quote:
Originally Posted by smashface
Hey Peaches,

You may want to search for a recent thread about Land Rover owners - some of those folks had this model. The car looks good and is a nice addition to the line.
Thanks Smash - will do
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Old 04-23-2006, 11:10 AM   #8
G-Rotica
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land rovers rock, but i no nothing about the lease thing. hate leasing it. i'd rather own it outright.
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Old 04-23-2006, 11:24 AM   #9
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Quote:
Originally Posted by G-Rotica
land rovers rock, but i no nothing about the lease thing. hate leasing it. i'd rather own it outright.
I leased cars for years, then bought the last 3. I hate buying. I like the smell of "new car" and want a new one every 2-3 years. After 20 or so cars, I've realized leasing is the best way for me to go.

When I get the Jeep, I WILL buy it. But it's going to be a 2nd car so I'll probably keep it until the wheels fall off
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Old 04-23-2006, 12:11 PM   #10
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I just checked out the Rover website and there may be a benefit to you for buying vs leasing. According to LR, the LR3 can now be qualify for business truck deductions.

Quote:
"Because the Range Rover, Range Rover Sport and LR3 each have a Gross Vehicle Weight (GVW)*** of more than 6,000 pounds, when used for business, they may be able to be depreciated much more rapidly than luxury cars.**

-
**Individual tax situations may vary. The information on this page was accurate at the time of publishing. Federal rules and tax guidelines are subject to change. Consult your tax advisor for complete details on rules applicable to your transaction."
Might be worth taking a look at as this lowers the cost a lot.
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Old 04-23-2006, 12:14 PM   #11
Peaches
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Quote:
Originally Posted by smashface
I just checked out the Rover website and there may be a benefit to you for buying vs leasing. According to LR, the LR3 can now be qualify for business truck deductions.

Quote:
"Because the Range Rover, Range Rover Sport and LR3 each have a Gross Vehicle Weight (GVW)*** of more than 6,000 pounds, when used for business, they may be able to be depreciated much more rapidly than luxury cars.**

-
**Individual tax situations may vary. The information on this page was accurate at the time of publishing. Federal rules and tax guidelines are subject to change. Consult your tax advisor for complete details on rules applicable to your transaction."
Might be worth taking a look at as this lowers the cost a lot.
Argh - math! I'll give the numbers to my accountant and let him figure it out. I just made a 90 on my first test in Math 101 - whole numbers. I SUCK at math!!!
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