While everyone loves the smell of a new Land Rover as well as the pride that comes with owning a new Land Rover, it could be worth your while to buy a Land Rover a year or two old. My grandma explained years ago that I shouldn’t buy a new Land Rover. She explained I might possibly be better off finding a Land Rover a couple of years old with reduced mileage. Her thinking behind this seemed to be that any issues that the Land Rover may have had will be taken Land Rovere of and I would be sure that I was getting a Land Rover in good working condition.
Those principles are something I still adhere to today as they are sensible and in buying an older Land Rover there are other considerations that add on weight to this argument. I am going to now look at the savings that can be made whenever you buy a Land Rover that has been on the road a while and yet still fairly new.
The reality that a new automobile’s value diminishes by thousands once you have driven away from the Land Rover dealer is a factor you have maybe not thought about. Perhaps you imagine you have bought a Land Rover that is excellent value for money if you paid $25,000 for instance but in reality you haven’t. As you leave behind the Land Rover lot, a new valuation of $20,000 could be the asking price for your Land Rover. In fact for the period of that first journey you could have taken a hit of $5,000 and this occurred in just a few minutes of time.
Splash out on a new auto, if you think maybe I am actually being too alarmist here. If you do, just travel in it directly to your house. In terms of how much your Land Rover would be worth the next day, just go back to where you bought the Land Rover and see how much they would be prepared to give you. Inside the space of a 24-hour period, you may learn that the Land Rover you paid $25,000 for has a proposed trade price in the range of $15,000 to $20,000.
In the past, this is just how things operated in the trade. This is changing in some cases where there is a thirty day window to get a 100% trading in valuation for your Land Rover from the original dealer. Essentially, after 30 days, you’ve still got to acknowledge that you are looking at a loss of $5,000. This deficit could be greater if simply selling the Land Rover is something you are considering.
A two year old Land Rover is not going to experience that kind of decrease when you are purchasing it from a Land Rover dealer in the same way. Not forgetting like my grandmother explained, any glitches the Land Rover may have, will have been resolved by then. Once you consider it like this, by purchasing a pre owned Land Rover with low miles you will actually be getting more for your money than if you bought a new Land Rover at the dealership.
This is just something to keep in mind the next time you are thinking about getting a new Land Rover. If you do not Land Rovere about passing up on that new Land Rover smell you can end up getting a much better deal. Find out more land rover rims.