Land Rover haircut - Defender Source
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Old October 9th, 2015, 06:24 AM
WeBeCinYa's Avatar
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94 ST #84
Join Date: Nov 2012
Location: NC
Posts: 2,381
Land Rover haircut

Depreciation is expected. But I've seen quite a few newer RR's taking a big haircut on resale.
What is a typical rate of depreciation on a LR?
On this example, it looks like trade in value would be 33k less than purchase price, damn!
1994 Defender 90
2006 LR3 SE
1996 Discovery I (sold)
1991 Range Rover Classic (sold)
1995 Range Rover Classic (sold)
2006 LR3 SE (sold)
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Old October 9th, 2015, 07:36 AM
rijosho's Avatar
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1995 Black ST - Rhinolined edition
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Join Date: Apr 2009
Location: NYC
Posts: 16,557
I would expect 26k miles driven in a year to be the exception rather than the norm, so that one has likely depreciated a bit more than others.
I am talking purely from an aesthetics standpoint.
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Old October 9th, 2015, 08:24 AM
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Jason Crandall
2006 LR3 2012 SC 1983 110
Join Date: Apr 2014
Location: Atlanta, GA.
Posts: 335
All new cars are made of hydroformed aluminum, plastic and microchips. They're only designed to look good on the showroom floor. Therefore they tank in value. Buying a used one in a few years won't do you any good either because only the dealer can work on it in the future and they'll probably end up calling it obsolete after 10 years and stop providing service.

This is why I have no problem dumping money into a 110 build. I'll lose more buying a new RR. At least I have something cool that's fun to drive.

If I were in the market for a new daily driver I'd lease an Escalade or Grand Cherokee, never wash it and dump it back on the dealer in 2 years.
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