Member Since: 05 Feb 2006
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Does this D4 deal make sense?
Been offered an apparent discount of 20% against a D4 HSE, taking over £10k off the list price. The car will be standard HSE trim plus metallic paint and remote heating.
The next suggestion was that the car's 2nd hand value would be around £43k 12 months later.
Clearly this looks too good to be true as 12 months motoring would cost next to nothing and I would have another D4 at the end of it.
So is a 2nd hand value of £43k achievable for a car that currently has a list price of £53k that I will only actually pay £43k for?
(kinda need Gaz here for his knowledge of real-word trade-in and private sale prices)
Land Rover - Turning Drivers into Mechanics Since 1948
Member Since: 17 Sep 2009
Location: Sitting Down
Posts: 2232
Doubt it
D4 hse in dealers just over 40k 1 year old now.
Perhaps it will be 43k in a year but that will be top dealer value they put it on the forecourt for so to you would think 38k max.
Nobody for certainty can see which way the market is going to turn, 2008 4x4 lost value hand over fist, 1 bad winter restored normal service and even though fuel prices are much higher than then their value has not suffered.
reckon mine has lost 15k in last 12 months D4 Landmark MY16 Santorini Black THE LAST
D4 HSE MY12 Marmais Teal: Gone. Missed a lot!
Freelander 2 SD HSE MY11 Silver:Thankfully gone.
D4 HSE MY11 Silver: Gone missed !
Range Rover Sport MY06 HSE Buck Blue: Gone missed!
Discovery D2 TD5 Facelift MY Red Gone Missed!
Discovery D2 TD5 Cobalt Blue: Gone Missed!
Discovery D1 Auto Oxford Blue Not missed at all!
Discovery D1 Avalon Blue First LR! missed!
Now demoted to a VW
21st Sep 2012 9:05 pm
dangerdave
Member Since: 23 Nov 2010
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Last edited by dangerdave on 21st Sep 2012 9:10 pm. Edited 1 time in total
21st Sep 2012 9:09 pm
The Transformer
Member Since: 22 Jan 2010
Location: Leicestershire
Posts: 1791
I would have thought £43k for a new HSE has got to be pretty good whatever.
Check on the LR used car finder and I dont think you will find year old ones at that price, also taking into account the changes ie 8 speed etc think these will be holding their values that bit better for a while
21st Sep 2012 9:10 pm
Robbie
Member Since: 05 Feb 2006
Location: ¯\_(ツ)_/¯
Posts: 17932
dangerdave wrote:
I think you've made your mind up, but wanted to show us what a good discount you got. You don't need confirmation you got a good deal.
Hope it does not come across that way as I am naturally sceptical and rather short of funds at the moment (just bought a new car and a ride-on mower for the wife). But as you say, the deal has pretty much made my mind up but I appreciated the reality check that the car is going to be worth more like £40k after a year.
I think I need to double check with Duckworth's that they have their sums correct as it all seems too good to be true. Kinda expecting them to say 'sorry, we accidentally gave you the XS price'!
Also expected my D3 to sulk at the thought of being sold.Land Rover - Turning Drivers into Mechanics Since 1948
Member Since: 27 May 2011
Location: Sticking the Ex back in the skanks bin
Posts: 2824
If its for you to buy and run for a year you will not get lower depreciation unless you buy used.
Dont bank on it being worth more than £37k at the end though i'd say and if winter hits then the price will go up and you'll not lose as much FFRR Owner, very nearly became a D3 owner
Test piloted a new D4 XS SDV6.. Gone and being forgotten i hope!!
D4 HSE 10MY
D4 XS 11MY
SSRR Destroyer *2
21st Sep 2012 9:24 pm
dangerdave
Member Since: 23 Nov 2010
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21st Sep 2012 9:35 pm
Robbie
Member Since: 05 Feb 2006
Location: ¯\_(ツ)_/¯
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Ok, looks like I will sell a kidney or something and go and chat with Duckworth's to see if this offer is genuine.
Not what I was expecting to do this weekend… need to chat with the wife too...Land Rover - Turning Drivers into Mechanics Since 1948
When an established broker such as Motorlogix is offering 8%, either you.ve got a one-off deal that you should just grab, or there is a catch such as it being their dealer-demo raher than a new car
21st Sep 2012 10:28 pm
Russell
Member Since: 24 Aug 2007
Location: Kent
Posts: 10564
Check it is a my 12 8 speed box, know some who knew nothing about D4 who brought one thinking he had a good deal until I pointed out is was old my11 stock. Actually was not a good deal but an expensive one.MY17 D5 1st Edition Namib Orange
MY15 D4 HSE Kaikoura Stone
MY12 D4 HSE Nara Bronze Sold and gone
MY11 D4 HSE Stornaway Grey Sold and gone
D3 S spec Silver Sold and gone
Tow bar, full length roof bars, side steps, tow bar storage unit, surround camers.
D4 camera club
21st Sep 2012 10:30 pm
steveraspberry
Member Since: 18 Sep 2011
Location: Nr Sevenoaks,Kent
Posts: 2081
To be fair, I get 20% off due to the disability allowance plus the dealer discount due to me changing the car every six months. USUALLY there is very little or no cost to change so these figures tally with my situation. As long as it is the 8 speed twiddly knob version, I don't see that this is a bad deal at all personally. Hope this helps?
Best
SteveMy17 Volvo XC90 Inscription
MY15 Mitsubishi L200 Barbarian
RGK Tiga Fx Wheelchair,
Large Alsation called Abbs
Medium blue Staffie called Piglet
Medium Alsation called Bailey
21st Sep 2012 11:02 pm
Robbie
Member Since: 05 Feb 2006
Location: ¯\_(ツ)_/¯
Posts: 17932
I'll try to see or at least speak to the dealer tomorrow, but if 20% is possible for the mobility chaps then this apparent deal via my wife's pension scheme seems credible. The price sheet enclosed gives the % off but lists the Feb prices rather than the latest one, so I will need to see an updated one.
We have also been warned that the lead-time on new D4 deliveries is not quick at all, but at least that give me some time to find the money from somewhere. Before I found this offer the closest I could get was via military discount which was listed at 14% but on looking harder the deal didn't match the headline figure as the reduction was only on certain bits of the price rather than the full OTR price.
Clearly all of us who have been test drivers for the D4 program by driving a D3 for 7 years should be given a D4 as a thank-you, but LR have yet to respond to my suggestion. Can't think why.
Still feel like I will be posting on here tomorrow that I have been had in some way or that the catch is so big that I will need the embarrassed emoticon in a major way. In fact I better check it works, just in case:
Yep, seems ok.Land Rover - Turning Drivers into Mechanics Since 1948
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21st Sep 2012 11:57 pm
Robbie
Member Since: 05 Feb 2006
Location: ¯\_(ツ)_/¯
Posts: 17932
Dave, I have no knowledge of the scheme beyond Steve's post above and I was probably mistaken in using the 'mobility' term as re-reading it it was not the term used by him. I fear I have added confusion for which I am sorry. The deal I am looking at is linked to one of my wife's pension schemes only.Land Rover - Turning Drivers into Mechanics Since 1948
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