July 2008 Lease Rate for 08 Land Rover Range Rover

Land Rover Range Rover HSE
24 Month – Residual 58% of MSRP – .00024 Base Rate
36 Month – Residual 48% of MSRP – .00135 Base Rate
48 Month – Residual 39% of MSRP – .00177 Base Rate

Land Rover Range Rover Sport HSE
24 Month – Residual 62% of MSRP – .00165 Base Rate
36 Month – Residual 52% of MSRP – .00242 Base Rate
48 Month – Residual 42% of MSRP – .00266 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Now is as good a time as any to jump into a Range Rover HSE for 24 months. The MF is LOW. The Residual is not too bad if you opt for the 12k yearly miles on the 24mo lease. This probably the better deal of all the SUV lease rates I’ve encountered thus far. I don’t like Range Rovers personally, then again, I don’t like many SUV’s…I’m more of car guy.

5 thoughts on “July 2008 Lease Rate for 08 Land Rover Range Rover

  1. Wanted to see if you can confirm that there is currently a $4000 factor to dealer cash incentive.
    Thanks
    Bret

  2. Hi Bret,
    there is $4000 dealer cash incentive for the Land Rover. You may not be able to get all of it though, since that cash is given out at dealers’ discretion. You may not be able to get that entire amount for a lease, but you may be able to on a purchase. There’s another $2000 available for previous Land Rover customers. Both incentives last until the end of September.

  3. Hi g.
    2009 rover sport, the dealer has like 20 on their lot, the program is $799 36/10k $1500 out of pocket, you know from all the ads on tv.the dealer called me in to talk. With $5k dealer cash and a ton on their lot is 1k under invoice and the 5k cash a deal I can get? what do you think (give me bullets) to shoot their price.thanks

    • @jake. I don’t trust LR personally. Their lease rates have sucked royally, so they keep throwing cash at it to get people buy them instead. You could essentially get the $5k cash if you use outside financing though.

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