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.
Even though this made sense to me and I had been living by that principle ever since, there can be other reasons why buying a Land Rover a few years old is a good choice. In the following paragraphs I will clarify to you how you can save thousands by acquiring a fairly new but used Land Rover.
I am not sure if you realize it or not but as soon as you buy a new Land Rover and drive it off the lot the value of the Land Rover just drops by thousands of dollars. Which means that when you buy a Land Rover that amounted to $25,000 and you thought you got a great deal, you really didn’t. As soon as you drive that Land Rover off the lot it may now only be worth $20,000. This means that in a matter of a couple of minutes and a few miles you just lost $5,000.
If you think I am exaggerating, go and buy a new Land Rover. Then drive it nowhere else but straight home. Then the following day bring the Land Rover back to the dealer and ask them how much you can get for a trade in. More than likely for that $25,000 Land Rover you purchased yesterday they will only offer you $15,000 to $20,000 for the trade in value.
This has been the industry standard for many years. It’s shifting in a number of situations where there is a thirty day window to get a 100% trading in valuation for your Land Rover from the original dealer. Basically, after 30 days, you have still got to come to grips that you are looking at a loss of $5,000. This shortage might be greater if merely selling the Land Rover is something you are looking at.
A two year old Land Rover will not likely bear that kind of deficit when you are purchasing it from a Land Rover dealer in the same way. In cases where there were issues with the Land Rover these should have long been solved as my grandmother originally stated. The value for money of a low mileage older Land Rover is greater than purchasing a new Land Rover from a dealer when you take all of this into consideration.
It really is worthwhile remembering these details whenever you are making Land Rover purchase decisions. You may have to sacrifice the attraction of a new Land Rover to end up with the most cost effective transaction. Find out more land rover rims.