am I getting a good deal on an LR4?

[jsanch21]

Hey all!

I am new to this site and hope to join you as an LR4 owner! Before I pull the trigger, I want to make sure I am getting a good deal.

Truck has 5K miles and is a dealer demo.

2011 HSE $48900.
MSRP: $55,550
Cap Cost: $48,850
Residual: $28,587
Money Factor: .00178
Drive Off: $900.13
Monthly Payment 48mo/12K: $749

Your advice is greatly appreiated,

Jay from Los Angeles

 

[uhur]

It is a decent, real world deal.
Note that there are no special incentives on LR 's: residuals are not super-inflated, money factor is pretty average. Cap cost is aggressive for a demo.
I'd take it, but ask for $15-20 off in monthly payments, just to see if any money is left on the table

 

[Finlayforprez]

Hey all!

I am new to this site and hope to join you as an LR4 owner! Before I pull the trigger, I want to make sure I am getting a good deal.

Truck has 5K miles and is a dealer demo.

2011 HSE $48900.
MSRP: $55,550
Cap Cost: $48,850
Residual: $28,587
Money Factor: .00178
Drive Off: $900.13
Monthly Payment 48mo/12K: $749

Your advice is greatly appreiated,

Jay from Los Angeles

Sounds like a good deal to me.

 

[Coop]

Jsanch21,

I purchased a 2011 LR4 HSE non-lux dealer demo with just shy of 5k miles for $47,500 (msrp $55.5) back in March. It felt like a great deal so I think that you are doing well @ $48.5 but there may be a bit more room to wiggle.

Enjoy!

 

[jsanch21]

Jsanch21,

I purchased a 2011 LR4 HSE non-lux dealer demo with just shy of 5k miles for $47,500 (msrp $55.5) back in March. It felt like a great deal so I think that you are doing well @ $48.5 but there may be a bit more room to wiggle.

Enjoy!

SO jealous man!

 

[Coop]

You won't love it any less @ $48.5 ;-)

 

[jsanch21]

Another one I found is a 2010 HSE LUX LOADED w/ 16k miles. For the SAME money, $48,900 which is the better VALUE? Please chime in folks!!!!

 

[jsanch21]

btw, which bank/lender offers the best rate on ar loans these days?

 

[uhur]

Another one I found is a 2010 HSE LUX LOADED w/ 16k miles. For the SAME money, $48,900 which is the better VALUE? Please chime in folks!!!!

You probably can't lease this one, as it is 1 year old/used, so you'd be looking @ paying cash or financing. On this one you'd be giving up 1 year of warranty+mileage as well.

If you are looking @ long-term ownership at a higher monthly investment with building equity, that's the one to go with.

Re: banks, Pentagon Credit union is the best. Bank of America is very aggressive. Chase is next. All based of course on individual credit worthiness and terms

 

[jsanch21]

Good points UHUR, thank you for all your advice!