how long before we see post 2002 petrol Vogues at £20k

how long before we see post 2002 petrol Vogues at £20k

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Discussion

YamR1,V64motion

Original Poster:

5,725 posts

231 months

Saturday 4th February 2006
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are Range Rover prices currently in free fall?, im wondering how long it will be before the petrolVogues are at £20k at this rate, the TD6 doesnt seem to be doing that much better either.

GKP

15,099 posts

248 months

Saturday 4th February 2006
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Soon, I hope. Vogues seem to be hovering around the £30k mark with lower spec cars about mid 20s.
If vogues dip enough into the mid 20s this year, then I'm in!!

BLUETHUNDER

7,881 posts

267 months

Saturday 4th February 2006
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The only Landrover product i know to have kept a good value for a long time.I bought my current RR P38 seven years ago,it was just approaching 3 1/2 years old but paid £15,000 for it.at the time it was between 8-10 grand under price,but at only 3 1/2 years old they were falling in to a more affordable bracket,I think the new shape has an unrealistic inflated price when you compare it to other prestige marques in the same band.

YamR1,V64motion

Original Poster:

5,725 posts

231 months

Sunday 5th February 2006
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the TD6 seems to hold its money better, a HSE TD6 seems to be going for the same as or slightly more than a petrol Vogue which is wierd seeing as the petrol car was more to buy in the first place, ive read that this year is going to be a bad year for depreciation on all chelsea tractors so it might be a good time to get one, i read people touting the Supercharged Range Rover Sport should be worth £40k by the end of this year, which leaves me to wonder how much would a Vogue SE Supercharged drop in a year?, why do Range Rovers always seem to lose so much money, lets face it £20-£25k for a petrol Vogue is a lot of car for the money.

aeroresh

1,429 posts

239 months

Sunday 5th February 2006
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I think part of the reason for the high residuals is that there really isnt any car that competes with the Rangie. MLs, X5s, Tourags, etc are all smaller, cheaper and inferior products. Even the Cayanne doesnt really cut it unless in turbo form.

I was considering trading mine in but realistically Ive got a choice of another Rangie (preferabally a supercharger)or maybe a Cayanne Turbo on wait for the new big merc G class.

The Rangie has pretty much got the market to itself at the moment.

YamR1,V64motion

Original Poster:

5,725 posts

231 months

Sunday 5th February 2006
quotequote all
aeroresh said:
I think part of the reason for the high residuals is that there really isnt any car that competes with the Rangie. MLs, X5s, Tourags, etc are all smaller, cheaper and inferior products. Even the Cayanne doesnt really cut it unless in turbo form.

I was considering trading mine in but realistically Ive got a choice of another Rangie (preferabally a supercharger)or maybe a Cayanne Turbo on wait for the new big merc G class.

The Rangie has pretty much got the market to itself at the moment.





i agree, if i had a lot of money to spend i wouldnt even be considering the X5,Cayenne,Toureg or ML, i like the RR Sport but for me the new Supercharged Vogue SE would be but saying that paying £75k odd for a car and then it been £40 or £45k within a year or 2 seems rather harsh depreciation.

aeroresh

1,429 posts

239 months

Sunday 5th February 2006
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Depreciation is the killer on most cars, but the more expensive it is new the further it has to fall. I cant think of any expensive car save a couple of Porsches or Ferraris that this doesnt happen to.

Percentage wise the Rangie does alright compared to alot but 50% of £70k is always going to be more than 50% of £30k!

Buy one but just dont consider it as an investment, cars are just consumerables these days like a toaster or washing machine !

YamR1,V64motion

Original Poster:

5,725 posts

231 months

Monday 6th February 2006
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i would love to buy one or perhaps even try and swing a used one as a company car when i get an allowance but if its coming out of my own pocket upgrading to a newer Tvr along with getting another bike will come first, was just observing thier price dropping, theyre lovely cars in my opinion and now becoming very good value.

triple7

4,015 posts

244 months

Monday 6th February 2006
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Just bought a 2003 4.4 Vogue. It still has 6 months factory warranty left on it, big wheels all, the kit. Paid £30k, which is in keeping with being worth 50% after 3 years.

G

domcross

1,065 posts

255 months

Monday 13th March 2006
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I'm in the market for a 2002/2003 4.4 Vogue for sub £30k if possible. Does anyone have any good trade/auction leads they might want to share? My local dealer has a ludicrously overpriced 2002 car, but I guess that's main dealers for you

Dom.

E2DJH

8,546 posts

226 months

Tuesday 14th March 2006
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Nooooooo I bought a new Vogue in December 2004. I'm loving it (in between dashing about in the Chim ), but at this rate of depreciation it must be about the most expensive form of motoring per mile you can get. - Unless you know differently

YamR1,V64motion

Original Poster:

5,725 posts

231 months

Tuesday 14th March 2006
quotequote all
E2DJH said:
Nooooooo I bought a new Vogue in December 2004. I'm loving it (in between dashing about in the Chim ), but at this rate of depreciation it must be about the most expensive form of motoring per mile you can get. - Unless you know differently





sadly they do tend to take a huge knock within the first couple of years,the TD6 is slightly better but not by much, but then you have got one of the most pleasurable cars to do day to day driving in, so i gues it all adds up?