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I got a letter in the mail from my local Land Rover dealer. It seems they are offering a rebate of $13,500 on a new 2002 Range Rover if you take delivery before December 31, 2002. Given that the MSRP is $68,000, that lowers the list price to a manageable $54,500. Any takers?
 

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Re: $13,500 rebates (TabulaRasa)

The lease deals are excellent on the 4.6HSE's right now, all relative of course....but isn't nearly as bad as they were in the not so distant past.
$799/month, 39months, 12k/year, $0down- just tax & tags up front.
 

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Re: $13,500 rebates (Beltfed)

Yeah, but it's $54,500! I could spend $35k on a new Audi A4 and still have money left over to buy a used Jeep Cherokee or Isuzu Trooper for occasional offroad use! Atleast It'd be reliable, which is more than I can say about Land Rover.
 
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Re: $13,500 rebates (A4Jetta)

quote:[HR][/HR]Is the new Range Rover supposed to launch soon? That's the only reason I can think dealers want to get rid of the current car soon.[HR][/HR]​
Detroit Auto Show. Sales start in February, I think.
 

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Re: $13,500 rebates (bgluckman)

Again, we are discussing leasing a vehicle that has atrocious resale value. If you are going to lease, you should lease a car with excellent resale valuem becuase leasing by definition is making payments on the depreciation only. Leasing leaves you with an abnormally high payoff at the end with no equity, therefore if you need to get out of the vehicle, you can't...you are upsidedown.
A Range Rover is an excellent used car buy. NEVER lease.
 

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Re: $13,500 rebates (mtrainVR6)

quote:[HR][/HR]Again, we are discussing leasing a vehicle that has atrocious resale value. If you are going to lease, you should lease a car with excellent resale valuem becuase leasing by definition is making payments on the depreciation only. Leasing leaves you with an abnormally high payoff at the end with no equity, therefore if you need to get out of the vehicle, you can't...you are upsidedown.
A Range Rover is an excellent used car buy. NEVER lease.[HR][/HR]​
That is problably the best argument against lesasing that I've ever read. http://****************.com/smile/emthup.gif http://****************.com/smile/emthup.gif
I need to print it out and read it to my buddy who just loves the lease idea, and doesn't understand the concept of equity.
(edit:spell)


[Modified by IKE BORA, 1:00 AM 11-30-2001]
 

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Re: $13,500 rebates (TabulaRasa)

quote:[HR][/HR]Yeah, but it's $54,500! I could spend $35k on a new Audi A4 and still have money left over to buy a used Jeep Cherokee or Isuzu Trooper for occasional offroad use![HR][/HR]​
Hell, as Silly Me will attest to, you can buy a NEW Trooper for $20k.
A collegue here at work just bought an Escalade. It boggles the mind to think of what that $50k could have purchased instead....
Tom
 
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