Land Rover LR3 - elligible for Ford X Plan?

Question

I heard that with the Ford X Plan, one get get an LR3 for 4% over invoice. Is this true? I want to lease one but I don't want to pay more than $500/mo. Think this is possible? Thanks in advance for your help! I've been in the market for MONTHS now and could use all the advice I can get! :)

Answer 1

Yes, that is correct (Land Rover X-plan price is 4% over invoice), but keep in mind that X-Plan dealer participation is not mandatory, so you should call any dealership to make sure they participate before heading down there. I don't know how this discount would translate to potential lease offers. I wouldn't recommend buying based strictly on the monthly payment -- makes it too easy for the dealer to obscure the true cost of the vehicle (i.e. they can add extras and bump up the interest rate without it being immediately apparent).

Also, while I do think Land Rovers are nice cars, they are consistently ranked near the bottom of Consumer Reports' reliability ratings and tend to be rather expensive for what they offer, even amongst luxury brands. I would think twice about taking the plunge.

But, if your really set on it, here's a couple edmunds.com forums you might find helpful:

Land Rover LR3: Prices Paid & Buying Experiences
http://townhall-talk.edmunds.com/direct/view/.ef62b80!make=Land%20Rover&model=LR3&ed_makeindex=.ef62b80

Land Rover LR3: Lease Questions
http://townhall-talk.edmunds.com/direct/view/.ef9da36!make=Land%20Rover&model=LR3&ed_makeindex=.ef9da36

Answer 2

If you are eligible fo rthe X plan you should have a list of vehicles approved for the plan. Not all vehicles are available.