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aks



Member Since: 13 Jul 2015
Location: Hertfordshire
Posts: 21

United Kingdom 
Residual values

Obviously very few cars are an 'investment', but I see the LR dealers asking almost list price of a current new car for up to 1 year old RRS. With availability becoming a bit easier in future, things may change. For those who have already part-exchanged an L494/RRS, how have the dealers treated you wrt residual values? Tony

Post #469131 Sat Aug 01 2015 1:50pm
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Gavin Beecham



Member Since: 14 Sep 2007
Location: essex
Posts: 140

United Kingdom 

I 'lost' 8K in a year. ( not against another RR though ) I also found that hardly any dealer was interested in buying it and those that were prepared to make a bid took the p..s big time.
Mine was a dynamic with a pretty good spec too. (14 plate )
Two months ago a friend picked up a 14 plate dynamic for 56k at auction.......

Post #469258 Sun Aug 02 2015 7:39pm
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gazzc



Member Since: 07 Jan 2010
Location: cheshire
Posts: 494

2005 Range Rover Sport TDV6 HSE Siberian Silver

im interested in giving 500quid more than any main dealer bid if there are any decent spec available blacks whites greys more favourable Thumbs Up silverRRS 2.7 TDV6 22"WHEELS FULL COLOUR CODE,STEPS,REMAP..gone
Rimini red rrs 2.7 tdv6 steps. Full c code. Recon engine!!loved but!gone ,thank god !!
Gone rr sport supercharged. Loved but 11mpg !!!
current,triumph stag mk2...current bmw 325 sport convertible

Post #469259 Sun Aug 02 2015 7:43pm
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Marvik125



Member Since: 02 Jul 2015
Location: West Midlands
Posts: 139

United Kingdom 2011 Range Rover Sport 3.0 TDV6 HSE Santorini Black

It's always worth looking on the dealer trade websites. These are the sites that dealers use to sell to each other, it is possible to put your own car on them an dealers can bid in it.

Post #469263 Sun Aug 02 2015 8:00pm
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aks



Member Since: 13 Jul 2015
Location: Hertfordshire
Posts: 21

United Kingdom 

Gavin Beecham wrote:
I 'lost' 8K in a year. ( not against another RR though ) I also found that hardly any dealer was interested in buying it and those that were prepared to make a bid took the p..s big time.
Mine was a dynamic with a pretty good spec too. (14 plate )

Not even the supplying dealer? That's quite a surprise.

Losing £8k in the first year is not that much of a surprise (to me), but I certainly understand it is painful. I don't think the depreciation will slow down much for the first 3 years either Crying or Very sad ! Tony

Post #469274 Sun Aug 02 2015 11:24pm
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viper



Member Since: 21 Apr 2007
Location: chester le street
Posts: 857

United Kingdom 2010 Range Rover Sport 3.0 TDV6 HSE Bali Blue

Dealer offered me £60k for my hse dynamic good spec 10 month old and with 1500 miles which cost £72k so don't hold value very well I'm afraid . 2016 bmw x5 40d m-sport space grey
2015 bmw 335i m-sport touring mineral grey/coral interior looking to change again .
Gone HSE SDV6 Dynamic indus silver, santorini contrast roof,panoramic roof,red brakes,privacy,climate front seats,tow bar great car enjoyed it ����
Gone my10 3.0 tdv6 Bali blue/ivory 5 years 24k no problems great car will be missed

Post #469276 Mon Aug 03 2015 5:52am
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terrygill



Member Since: 25 Jul 2006
Location: East Yorkshire
Posts: 14

United Kingdom 

dealer have upto £10000 margin in used RRS's - So your valuation is based on the trade value and not what they would sell it for - so real depreciation is about £6000 if you get your own provate buyer to pay aorund £65000/£66000.

Post #469322 Mon Aug 03 2015 1:01pm
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Dickie



Member Since: 27 Mar 2013
Location: Hampshire
Posts: 200

United Kingdom 

Sold both my 63 SDV6 Autobiography and my 64 plate Supercharged privately for WAY more than dealers were offering me. It is a bit of a hassle but as long as you list it for a reasonable amount less than forecourt prices then many will be interested. In my mind they still had plenty of warranty left and as long as you check out the history/HPI etc then why go to a dealer - apart from a free coffee from a machine!?

I'm perhaps a different customer to some though as I don't want finance. Clearly if you're buying using finance using a dealer is easier. Having said that, some years ago a chap bought a car from me and financed it through Oracle. He had to pay an additional £500 to Oracle as it was a private purchase but it still worked out much cheaper overall than going to a dealer.

If dealers are being silly with their offers, try it on Autotrader or Pistonheads for a week or so. Interestingly whenever I do that I get mostly dealers ringing up with offers anyway - suffice to say the offers are significantly better than if I had approached them with my car to sell! SOLD - 15 plate Estoril SVR

SOLD - 64 plate Aleutian Silver Supercharged

SOLD - 63 plate Corris SDV6 Autobiography

Post #469761 Fri Aug 07 2015 10:08am
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peanutbob



Member Since: 04 Jul 2011
Location: UK
Posts: 585

2008 Range Rover Sport TDV8 HSE Zermatt Silver

I sold my 63 plate AB with 14k miles for £64240 in p/ex against a new AB. Cost was £77k. Dealer advertised it originally for £68950 then continually dropped it until at £64850 it got sold, maybe at a lower price than the sticker price. Not much margin for the dealer in this case.

Post #469768 Fri Aug 07 2015 11:49am
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jimbg



Member Since: 29 Jan 2013
Location: By the River Dart
Posts: 1841

2013 Range Rover Sport SDV6 HSE Orkney Grey

Marvik125 wrote:
It's always worth looking on the dealer trade websites. These are the sites that dealers use to sell to each other, it is possible to put your own car on them an dealers can bid in it.


How do you do that then? 2023 P440e SE Dynamic on order -cancelled

2022 HSE Dynamic P400e

2017 Discovery 3.0 HSE Silicon Silver Nimbus interior and a few extra toys SOLD

2013 HSE Black, Orkney Grey, Ebony Seats and Ivory Interior SOLD

2006 HSE

Plus a few other cars inbetween!

Post #469773 Fri Aug 07 2015 1:26pm
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fkarim



Member Since: 14 Apr 2012
Location: London
Posts: 2216

United Kingdom 

^^^ Yes, I too would be interested in that as I will be shifting mine soon. Current: Volvo XC90 T8 Inscription Pro PHEV with some optionals on top
Gone: MY16 RRS2 3.0 SDV6 Autobiography Dynamic, Carpathian Grey & Santorini Black Sliding Pano/Ebony & Ivory 2 Tone
Gone: MY13 RRS 3.0 SDV6 HSE Black Edition, Orkney Grey/Ivory
Gone: MY09 RRS 2.7 TDV6 HSE, Santorini Black/Almond

Post #469778 Fri Aug 07 2015 2:06pm
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forest172



Member Since: 03 Apr 2013
Location: Derbyshire
Posts: 104

United Kingdom 

Thinking of buying a jan 2015 with a list price of 65000 for 58500 with 4k on the clock. Corris, black roof, privacy glass, big diamond turned wheels and service pack.

Sound about right?

Post #470859 Fri Aug 21 2015 6:38am
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RRSman



Member Since: 10 Feb 2015
Location: London
Posts: 1439

United Kingdom 

Is that a pvt sale? Can't be a main dealer!?

Post #470904 Fri Aug 21 2015 10:52pm
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forest172



Member Since: 03 Apr 2013
Location: Derbyshire
Posts: 104

United Kingdom 

Not main dealer but been put in touch with a seller via a dealer. I've purchased it anyway and paid slightly less. Should get it next week. Seemed cheaper than anything else out there like for like . So I'll give it a go!

Post #470910 Sat Aug 22 2015 5:41am
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RRSman



Member Since: 10 Feb 2015
Location: London
Posts: 1439

United Kingdom 

Put in touch by main dealer!? That's a strange one....wonder why they never sold it themself? Either way thats a bloody bargain so well done!

Post #470915 Sat Aug 22 2015 7:36am
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