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Lease Takeover: 2005 Range Rover LSE (Blue/Tan) $1097/mo., 26 mos

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Old May 2, 2006 | 05:30 PM
  #1  
Bobby G's Avatar
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From: Sherman Oaks
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Bobby G is infamous around these parts
Lease Takeover: 2005 Range Rover LSE (Blue/Tan) $1097/mo., 26 mos

All,

I"ll be putting my wife's 2005 Range Rover on swapalease in the next week but I wanted to gauge interest among the 6speed crowd.

The color is the adriatic blue (midnight blue) with a tan interior with the blue piping.


Great condition, no accidents. SUV is located in LA (Sherman Oaks).

To take over the lease through LR finance, you'd need 700+ credit, no money down, pay a $75 transfer fee, and you'd assume the following terms:

Monthly payment: $1097.06, which includes tax.
After the May payment , there will be 26 payments left on the 39 month lease.
Residual value at the end of the lease is $39,524.55.
Mileage allowance. 10K/year. The SUV currently has about 14K miles, so we're over by about 4K miles. To facilitate a deal, I will pay the person
who takes over the lease for the difference in miles.
(for example, 3000-4000 miles x $.20/mile (that's the
penalty) = $600-800 that I'd pay so that the new owner wouldn't be limited by my excess miles.
Warranty: 4 year / 50000, so the vehicle is covered even after the lease expires.

FYI - the cost of the vehicle was $75150.

It's a great SUV. We'll be putting in new brake pads in the next few days.


Reason for selling: downsizing monthly payments as we look to move into a new house.

Serious inquiries only. If you have questions, you may PM me or email me at chiliran @ yahoo . com.

Thanks all.

-Bobby

 
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Old Jul 23, 2006 | 06:41 PM
  #2  
Bobby G's Avatar
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Joined: Jan 2004
Posts: 1,168
From: Sherman Oaks
Rep Power: 69
Bobby G is infamous around these parts
I still have this and am again interested in letting it go. $500 incentive to anybody who finds me a qualified person that takes over the lease.

There are two years left. To the extent I'm over the mileage allowance, and I am, I'll pay the new lessee for the excess miles.

Thanks.

If any of you have suggestions or comments, let me know.
 
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