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Not commenting on quality of Land Rover products, but you will be surprised how well they maintain its price. Particularly, referring to '13 and newer full size Range Rovers. I bet you it blows LC/ LX out of the water in that department.
That is interesting. I read somewhere that the residual values had been improving. wasn't sure quite what to make of it.
Are we talking % of retained initial value or actual cash depreciation in term of real dollars spent or lost. My concerns have always been that even if it retained 80%, and I would be really shocked if it retained higher then 80% of its value over the first 2 years and 20,000 miles. That would still be a 20-30,000 loss depending on what model and options I chose to buy. I could tone down the options and go with a Sport, but you loose the split rear hatch. Not sure what else changes between the 2 models.
I don't think we would see that large of an actual cash loss on the LC or the GC, or Armada.
Especially the GC or Armada for that matter since they only cost 50-55k . Even a week 70% residual value would only have a real net dollar amount of $15K lost.
Where the LC would land around 74k-76K new depending on the sort of deal I could make on one.
Then 2 years 20K miles in on the LC I think would likely land in the residual value of 60-62k basically creating a $12-15K net loss in actual dollars. However after those first couple years are under the LC's belt, the amount they drop in value really seems to slow way down, from there on out.