Purchasing A Land Rover That May Be A Couple Years Old Could Help You Save A Lot Of Money

John | Range Rover Rims | Tuesday, January 31st, 2012

Getting a Land Rover which has been on the road between one and two years can certainly make sense although we all like the idea of having a new one along with the feelings that come with that. I was advised against buying new Land Rovers by my own grandma many years ago. Her advice was to find a Land Rover that had not clocked up too many 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 other benefits to purchasing a slightly 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 why buying a Land Rover that is not too old can result in saving you a lot 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 sale transaction of say $25,000 for a new Land Rover will not have been useful to you even though you think it was. The amount could possibly be as low as $20,000 when you first wave goodbye to the Land Rover dealer. The loss of $5,000 dollars can take place in that quick 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. Return to the showroom the day after and find out what value they place on your Land Rover then. In the space of a day, you may discover that the Land Rover you paid $25,000 for has a suggested trade price in the range of $15,000 to $20,000.

Historically, this is merely how things ran in the trade. This really is transforming in a few instances where there is a thirty day window to get a 100% trading in valuation for your Land Rover from the original dealer. In essence, after 30 days, you still have to accept that you are looking at a loss of $5,000. This deficit could be greater if simply selling the Land Rover is something you are considering.

A two year old Land Rover will not suffer that kind of loss when you are purchasing it from a Land Rover dealer in the same way. If perhaps there has been issues with the Land Rover these should have previously been solved as my grandmother originally stated. The value for money associated with a lower mileage older Land Rover is higher than purchasing a new Land Rover from a Land Rover dealership when you take all of this into consideration.

It’s well worth remembering these factors whenever you are making Land Rover purchase decisions. You might have to give up the attraction of a new Land Rover to wind up with the most cost effective transaction. Watch range rover rims.