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2010 or 2011 LR4 Cost?
What are LR4s selling for these day? Are the stealerships getting MSRP? Close to it? What is Dealer Invoice on these trucks? Is there a Manufacturer's Holdback with LR?
Sorry so many questions. I currently own a RRS that we love, but the family is growing towards a third row, so it's looking like an LR4 is in our future... Thanks in advance! |
Not sure what part of the country you are in, so that may impact pricing and availability. From several conversations with the manager at the dealership where I purchased a year ago, he said inventory is tight! They can't get enough new cars and actually only have 7 new vehicles to sell total until they receive their next shipment in March. $500 off MSRP is all they are giving right now. This is the Bay Area, so even with 7 dealerships, there are pretty slim pickins right now. Most of the new production is going going to China and Russia, hence the limited availability in the US.
A year ago, when my wife and I purchased, we had a bit more leverage. I was able to negotiate across 5+ dealerships, including the LA area. Chase was also running a promo for financing where if you used them, the dealership would get another $1500 back. We used that as leverage, caught the dealership on the last day of January (when sales are really slow and they had about 6 LR4's to sell). Ours was full loaded, so most folks were not willing to shell out for all the options. As for holdback - there is none for LR. Cars are currently on the lot for less than 30 days. Dealerships are not tying up much money in the financing. The best site I found to determine pricing and local market conditions is truecar.com Good Luck! You'll love the LR4. The current model with the 375 HP engine is actually a bit faster than the older RRS (up to 2009), though I am sure the handling is dramatically different since the RRS is designed to be a bit more aggressive for street performance (despite the fact that they share the same chassis). |
Good point re: location -- right now we're in NW FL (closest LR dealer is in Mobile, AL). But, we're moving to Monterey, CA this summer.
Thanks for the great input -- I really appreciate it. BTW, your Nara Bronze Lux is exactly what we want! Anyone else have different experiences? |
We just got our LR4 last week. We were looking for a 2010 used but found they were going for about the same price as new ones here in North Texas, so we got a brand new one. I've known the dealer for a while, he has 3 LR stores and he told me the same story about tight supply and asked me if I could wait until March to purchase when he would have more inventory and could make us a better deal. Unfortunately I sold my wife's previous car so we had to get something fairly quick.
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