The all new Discovery 3 is now called the LR3 in North America. It takes a giant step towards the Range Rover in sophistication. It is powered by a 300hp Jaguar-sourced 4.4L V8 and a six speed automatic transmission with shift inputs. The LR3 features an automatic load-leveling, electronically controlled suspension. Available in SE and HSE trim levels, the LR3 starts at around $45k.