10-19-2013, 09:35 PM | #1 |
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An article on SUVs and Resale Values.
Contrary to most people belief about Range Rover resale value:
the article states the following: (BTW: there is a 9 month waiting list for 2014 Range Rover Sport currently in US) "With gas prices in a constant state of flux, what is the best SUV to buy to ensure high resale value is a common concern. The Land Rover Range Rover is one option. Although Land Rover has been wholly-owned by the Indian conglomerate Tata since 2008, this has done little to negatively impact the resale value of Land Rover vehicles, especially the top-line Range Rover. Thanks to strong lease programs offered by Land Rover Capital and Chase Bank, high residual values have been maintained for clients who purchase and lease. " Full article at : http://www.carsdirect.com/car-buying...h-resale-value |
10-19-2013, 11:36 PM | #2 |
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Problems with Range Rover are: reliability and leasing costs. I know many people that joke that if you buy a Range Rover you better get 2. One to drive and one to use for spare parts. Also, leasing offers are awful. For same MSRP of a BMW X5 you can expect at least $400 more per month plus a ton of money down.
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10-20-2013, 12:12 AM | #3 | |
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Quote:
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10-20-2013, 12:23 AM | #4 |
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I did not get a official quote for a Range Rover but when I visited the dealer that is the estimate I got. Also for a Range Rover you have to disburse way more down.
BTW, I got an official quote for a $67K Porsche Cayenne for a 12K miles and 36 months leasing. It was $5,902 down and $1,112 per month. This had a 0.00260 money factor and 56% residual. Ordered the X5 today with 0.00125 money factor and 60% residual with $3,400 down (1st payment, registration, fees and all sales taxes) and $765 per month. |
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