Save Your Cash By Purchasing An Older Land Rover Rather Than A New One
Wednesday, February 8th, 2012Buying 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. I was cautioned against acquiring new Land Rovers by my own grandma several years ago. Her help and advice seemed to be to find a Land Rover that had not clocked up a great number of miles and was around two years old. This should show that the automobile I ended up owning was in fairly good order especially since any work that had been needed on it up to that point would have been performed.
There are additional positive aspects to purchasing a moderately older Land Rover in addition to those above which I still follow now whenever I decide to purchase a Land Rover. I will now expand further on just why buying a Land Rover that is not extremely old can result in saving you a bunch of money.
Immediately after paying for a new Land Rover, it is typically worth a few thousand less as soon as you leave the Land Rover showroom and is something you may not have considered. A purchase transaction of say $25,000 for a new Land Rover will not have been good for you even if you think it was. The amount could possibly be as low as $20,000 when you first wave goodbye to the Land Rover dealer. Losing $5,000 dollars can happen in that short space of time and those initial miles covered.
Go ahead and purchase a new Land Rover if you think I am being extreme. As soon as you have, aside from going home, don’t drive anywhere else. Go back to the showroom the day after and see what valuation they put on your Land Rover then. When it comes to trading in the Land Rover you could expect anywhere between $15,000 and $20,000 and this is actually for a Land Rover you purchased for $25,000 the day before.
Through the years this has been the typical approach of doing things. These days several dealerships are offering you a 100% trade in worth for 30 days after you buy the Land Rover. But the moment those 4 weeks have come to an end, you are out of that $5,000 no matter how you look at it. And if you try to sell the Land Rover outright you may end up losing even more than that.
At this time whenever you buy a Land Rover that is a year or two old you won’t be losing that instant decline when you drive it off the lot. Not to mention like my grandmother said, any bugs the Land Rover may have, will have been worked out by then. So when you look at it that way, by purchasing a pre owned Land Rover with low mileage you will actually be getting more for your money than if you bought a new Land Rover at the dealership.
It’s simply just something to take into account the next time you are making plans for 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. Discover land rover rims.