Lease ending on my RR Sport - Weighing my options

The 2 year lease on my Range Rover Sport ends on December 1st and I'm undecided on what to do. I still love it as a daily driver and there is honestly nothing I want more at the moment for daily use. It's Vesuvius Orange, which makes it a rare find and increases the value over other RR Sports. A few months ago, the dealership was begging me to turn it in early and even offering me $3k (saying they would negotiate that too) in cash if I turned it in early. The buyout at the time was $59k and I saw an almost identical one for sale on Ebay with a "buy it now" price of $69.9k, so it looks like they wanted to give me $3k and turn around & sell it for a quick $7k profit. I turned the offer down because I was enjoying it too much as my daily driver and said I would contact them back when I was ready to get rid of it.

So I spoke to the dealership this week and they said that other than getting me a great deal on a new RR if I turned my current one in, they really had no interest in working something out other than my simply turning the car in when the lease runs out. They said the buyout on it will be about $55k on Dec 1st. It has about 21,500 miles. I'm thinking I should easily be able to get at least $60k for it, so right now I'm leaning towards buying it out and selling it myself.

Not many Vesuvius orange RR Sports pop up for sale, so it's not easy to get a feel for the premiums they pull in over other colors. I do know that they're very sought after though, as only 200-400 were sent to the USA IIRC.

Any opinions or does anybody have any knowledge on what I should be able to get for it? BTW, the one I saw for sale for $69.9k was only a few months ago and had about 16,500 miles on it at the time, so me suggesting that I should easily be able to get $60k for mine is very conservative & realistic.

EDIT: I just checked out DuPont Registry and saw this one for sale for $74k. It says "call for mileage" (which btw I can't stand when ads do that) -
http://www.dupontregistry.com/autos/Search/DRauSearchDetails.aspx?itemid=417625

I'll be taking delivery of a new Maserati GT in Feb or Mar, so I could hang onto the Range Rover until then and sell it when the Mase comes in, which would be the most likely scenario.

 

I agree that the numbers don't necessarily add up. I think the guy asking $74k for his Vesuvius RR Sport is ridiculous. I called about it and it only has 6,300 miles on it, but still, I highly doubt he'll get anywhere near that amount.

I know it seems like the dealership was only trying to get me into another Range Rover, but I'm convinced that is not the case bcz the salesman kept stressing "and if you don't want to get into another Range at this time, no problem, we'll still give you a nice offer to break your lease early and let us have the truck now". If it were contingent only on me getting another Range, I would have known the sole purpose for his trying to get my truck would have been to get me into another.

I would indeed have to pay sales tax on the buyout of $55k, so let's say it'll cost me about $58,300 to buy it out. The question becomes can I sell it for a good enough amount over $58,300 on my own to make it worth the trouble of selling it on my own. I hate going through the process of selling a car, but for an extra $3-5k if I can get it, it's worth it. And Buzz you bring up a good point, it'll come in handy when my other cars aren't very practical for running errands, going to Costco, etc... If I do buy it out, I'd keep the Range until the winter was over and sell it then since I would get good use out of it throughout the winter.

 

I was just going to post a link to it before I saw your post. That definitely changes things, as it is obviously not worth the $62k or so I thought I would be able to get for it. Even though mine has 6,500 less miles, it won't fetch much more than this one will.

I talked to a salesman at the Land Rover dealership just now and asked him what the process is for buying the truck out. He said there are 3 fees I'll have to pay, which are -
$500 lease to retail fee
$180 documentation fee
$168 service inspection
Plus of course sales tax, title & license. I told him those above fees seem like nothing more than them trying to pillage their customers. He said he would "see what he can do".

I also told him to get me a price on a new 2 yr lease for a black RR Sport, as I know prices have come down substantially since I got mine 2 yrs ago. But since I love my Vesuvius orange one so much, I'm leaning towards just buying it out and keeping it until I'm ready to get into a new daily driver. Only this time not expecting to make out well like I was thinking I might when I created the tread.