Owner Loyalty

Te_Karma

Well-known member
Jan 22, 2005
67
0
Is Land Rover giving any owner loyalty bonus on the 06 LR3? If so, could this work in conjunction with the Ford X-Plan?
 

Alyssa

Well-known member
Apr 19, 2004
951
0
Philadelphia's Main Line
X-Plan is compatible with all of the incentives. You cannot use X-Plan on any Demos or loaners.

There is an owner loyalty bonus of $1000 on 2006 LR3 V6 SE & V8s. (Not V6 base).

There is also a Land Rover Capital Group program for customers replacing their current Discovery or Freelander vehicles with a 2006 Land Rover LR3. It is valid until July 6 2006 on Special LEASES of untitled new and demo 2006 MY LR3 V6 SE and all V8models.... the Security Deposit and First Payment are waived.

AND, if you currently lease with LRCG, you can have 3 payments waived off your current lease.

AND, if you currently lease with LRCG, your disposition fee will be refunded for the vehicle you are turning in.

So, there are lots of great programs out there. The lease on the LR3 is unbelievable, and it's only a 24 month term, which is great. Even if you haven't leased before, you should consider it.

Good luck!
Alyssa
 

cmoore207

Well-known member
Oct 8, 2004
1,084
0
41
Takoma Park, MD
What are the terms of those 24 month LR3 leases? Down, monthly, mileage?

My disco is already sold and I have never leased a rover before.
 

Alyssa

Well-known member
Apr 19, 2004
951
0
Philadelphia's Main Line
You can do mileage of 10.5k, 12k, 13.5k, 15k, or 18k a year. You can structure a lease however you want... you just play with the numbers. If you don't put any capitalized cost down, your payment will be higher. If you put some down, your payment will be lower (and you'll save the interest, called a money factor, on the amount you put down). But, even if you put $0 cap cost down, you will still have to come up with money at the front. You have to pay your first month's payment (you pay before the month on leases), your security deposit (unless you purchase Wear Care, which waives lease end damages), your registration, tags, etc., and your bank fee ($595, which you can roll into the payment if you'd like, but it really bumps the monthly payment if you are doing a 24 month lease).
I'm not sure how recently you sold your Discovery. It sounds like it might be too late to take advantage of some of the owner programs.
 
P

PeteGould

Guest
One other thing to consider when choosing how to finance a Land Rover....

We leased an 03 Disco through LRCG, and bought it out at the lease termination. Unfortunately our bank (Chase) took that particular time to switch to different online payment software and fouled up two online payments which went in a few days late (net-35 or so).

Even though three years of payments had been made on time, and even though the bank was willing to step forward and say the problem was simply a technical glitch, LRCG didn't care. They reported me to the credit bureaus as delinquent and ruined my credit.

I've been buying cars since the mid-1970s. I've worked with credit for 30 years and been in business for myself for 20. Never, EVER have I encountered a company (other than a home mortgage company) that reports AT ALL in the 30-60 day block. 60+ days is where reports generally happen -- and that's when the consumer is at fault. Here, the bank was willing to admit that the problem was theirs -- and LRCG didn't want to hear it. I've never seen anything like it in my life.

And before you say "take it higher up" -- it has been all the way to the top. The "kiss off" letter is from an executive analyst who received my complaint from the CEO's office (lest anyone think I'm making this stuff up, this fellow's name is Matt Brown, at 877-507-2264, ext. 57002). He even lied and said the Federal Fair Credit Reporting Act REQUIRES them to report this way. Not so, says the FTC (the federal agency that enforces the Fair Credit Reporting Act). With a letter from the bank, LRCG is absolutely entitled to withdraw the report. When I brought that information back to them, including the FTC contact information, they didn't care about that, either.

So -- if I ever purchased a Land Rover product again (which, after this experience, I won't, regardless of my satisfaction with the vehicle), I would never, EVER finance it through LRCG. Because all you need is one technical problem you didn't know about and your credit is ruined. Finance through a bank, a credit union, a loan shark or ANY alternative to this subsidiary of Ford Motor Credit.
 

antichrist

Well-known member
Sep 7, 2004
8,208
0
68
Atlanta, GA
Owner loyalty? I'm not sure Land Rover knows what it is. Land Rovers have been my daily drivers since '74 (except a year and a half driving a VW camper) around '82. And my only vehicles for about 75% of those years. I'd say I'm pretty loyal. What do I get?:D