LR3 End of Lease Residual Negotiation
#1
LR3 End of Lease Residual Negotiation
My 06 LR3 HSE lease matures in 4 months with Land Rover Capital and I am considering purchasing the vehicle, but my residual is almost $39K and the current market value is considerably less than that. I only have 16K miles on the truck and it has had very few problems.
Does anyone know if LR Capital will negotiate residual values? The truck is only worth about $33K at the most. I have heard some leasing companies will negotiate residuals. Is this something the dealer would have control over?
Thanks for any info!
Does anyone know if LR Capital will negotiate residual values? The truck is only worth about $33K at the most. I have heard some leasing companies will negotiate residuals. Is this something the dealer would have control over?
Thanks for any info!
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