Buying A Land Rover That Is A Couple Years Old Can Save You A Lot Of Money
Thursday, September 22nd, 2011Buying a Land Rover that has been on the road between one and two years can make sense although we all like the idea of having a new one and the feelings that come with that. My nanna advised me years ago that I shouldn’t ever 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 reasons behind this was basically that any difficulties 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. On this page I will demonstrate 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. Therefore in the event you buy a Land Rover that set you back $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. Which means that in a matter of a minute or two and a few miles you just forfeited $5,000.
If you feel I’m exaggerating, go and purchase a new Land Rover. Then drive it nowhere else but straight home. Then the subsequent day bring the Land Rover back in the dealer and see how much you can get for a trade in. Most likely for that $25,000 Land Rover you bought yesterday they will offer only you $15,000 to $20,000 for the trade in value.
This continues to be the market norm for many years. However right now a number of dealerships are offering you a 100% trade in price for 30 days after you buy the Land Rover. You still will be $5000 down the moment those 30 days have elapsed. You can perhaps make a greater loss if you try to locate a buyer for your Land Rover yourself.
That instantaneous decline in value is something you will not have to cope with if you decide to buy a Land Rover that is say 2 years old. Moreover, any troubles with the Land Rover should have been ironed out as my grandma advised. The comparison between a new Land Rover and a used Land Rover with not too many miles, is in favor of the latter on this basis.
Thus when getting a new Land Rover, these are all issues that you should consider. It is possible to find great value if you can resist the temptation of a brand new Land Rover. Find out more land rover rims.