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LR3 End of Lease Residual Negotiation

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Old Dec 24, 2007 | 10:09 PM
  #1  
JJF030's Avatar
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Default 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!
 
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Old Dec 26, 2007 | 12:03 PM
  #2  
Max_A6's Avatar
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Default RE: LR3 End of Lease Residual Negotiation

I've heard LR Capital policy is to nevernegotiate residual values, but I would definetely try.
 
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