As some of you know, I have put off buying one these until the end of the year as I think they will come down a lot in price.
Thought it might be interesting, to post the average price of the three cheapest RR's on Autotrader on a roughly weekly basis. I will also include the average mileage.
Only rules are, that I will exclude ex-Motorway/Police cars and cars recorded as being damaged or written off.
Any anecdotal info from the trade as to lowest trade price seen for one of these would be great.
So this week:
Average price: £11095
Average mileage: 89087
Dramatic difference from even 3 months ago - unsurprisingly.
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18th July
Average price: £11826
Average mileage: 73032
Well I think this week......was a waste of time!
Might even prove that buying a RR is a good investment.
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Until you have to fill it with petrol, or pay to fix whatever expensive fault it has developed.
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Slightly off topic but I have been keeping my eye on a few Jaguar XJ 3.2s recently (just out of interest as you do). They're obviously at keen prices currently but they aren't hanging around (unlike the 4.0 version) Wouldn't surprise me if prices started to rise slightly.
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or that £720 gets you a car with 18K fewer miles. That sounds like slight softening to me.
You need to do this over a longer period that two weeks to get a feel. And remember that autotrader ask prices are not going to reflect actual sales prices.
You might try checking the auction prices - I know scottish auction put the achieved prices up.
No recent RR though.
LAND ROVER RANGE ROVER HSE AUTO - 4554CC
- 5dr Estate Nov 1995 (N) 127,189 1,900
LAND ROVER RANGEROVER 4.0 SE - 3950CC
- 5dr Estate Aug 1998 (S) 169,650 1,200
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are you on about the New shape model of that year ?
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CAP Clean for 2002/02 4.4 Vogue with 80k:
Nov 07: 14700
Jan 08: 14200
Mar 08: 14050
Apr 08: 13450
Jun 08: 12500
Jul 08: 12050
Significant drops but still only 2-4% per month which is not unusual. Some cars have dropped 40% in 4 months.
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Incidentally, for a basic SE you can knock £3k or more off those prices. RR buyers like their toys.
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Theres an 03 plate 4.4 on ebay currently at £10,600 with 6hours to go - only 80K. looks tidy.....
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RR buyers like their toys.
Yes they do; until they all start going - horribly - wrong.....
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Car on eBay - Thanks, but I am going to wait till Nov/Dec and bag one then.
Using the figure of 3% depreciation a month makes a cumulative discount of 14% on todays figures by December.
Therefore, say car list price is £11500 - 14% makes £9890 before haggling. My gut reaction, is they will depreciate by more than this, but I could easily be wrong. Certainly a haggle around Xmas is normally more effective than at other times in the year.
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![2023 Land Rover Range Rover 3.0 P400 Autobiography LWB 4dr Auto [7 Seat]](http://images.honestjohn.co.uk/imagecache/url/crop/90x60/https/cdn.uk.prod.group-mobility-trader.com/images/cas/883376ce52074514138c1894ad0f65c1/f52e8bddc849f3d5dbe9cc62985251d7.jpg)
