It is still early days and supply is tight with 4-6 months lead-time on new orders BUT there are 99 FFRR new shapes for sales on the LR website.
Few interesting stats: 70% V8 rest V6, one lonely SC. In terms of specs 45% are Vogue SE , 30% Vogue and 25% AB. Numbers likely skewed with early demos that seemingly were SDV8 Vogue SE at all dealers.
Colour wise, always funny to see how conservative the choices are 37% black, rest grey/silver inc. causeway... 56% with pano roof.
Cheapest one is high mileage 32k Vogue V6 @ $68k, still only 5% below new...all others are list or above list, to be expected at this stage.
Nevertheless, given the big price increase of the new model, was wondering what the consensus was around residual after 2-3 years. LR PCP GFMV is same for V8 and V6 @ about 35% after 3yrs, ie 65% drop...50% drop in a couple of years for a nice SDV8 is close to £50k, chunk of change
Views greatly appreciated

Seen it all before when the P38 & then the L322 was launched, values holding up well initially. But I very much doubt we will see 50% drop over 2 years fir cars with average mileage. we aren't even seeing that with the last if the 322's, mileage does play a large part though. 2021 L405 Vogue SE 4.4 V8 DIESEL ~ #17

I don't really understand why people criticize for others picking conservative colours, usually their the best, Causeway is one of the best looking colours on the L405, and you're going to sell a Black or Grey one when you want to more easily than a Blue or Red one.

not sure if that was a generic statement re colour but I just gave the stats, not a criticism. No doubt colour choices are conservative but that makes sense as most large cars look better in dark colours. Also given the price point, not many ppl keen to be too individual and risk a marmite effect comes resale time

Can't see it being wildly different from the L322, the finance numbers are going to be pessimistic given that they only offer it to make money.

cpd1 wrote:

not sure if that was a generic statement re colour but I just gave the stats, not a criticism. No doubt colour choices are conservative but that makes sense as most large cars look better in dark colours. Also given the price point, not many ppl keen to be too individual and risk a marmite effect comes resale time

The majority are surely on the never-never so resale is irrelevant to these "owners".

True, I hadn't thought of it that way, L405 ownership is a few Years off for me!!.

The colour question is interesting. When I chose mine in Firenze Red the initial reaction of the salesman was 'brave decision'. The dealer principal came into the discussion and said that whenever a Red car came into stock it rarely stayed for more than 10 days. The 'favourite' colours take longer to sell as there are so many more to choose in many dealers. Prices not necessarily higher or lower due to colour but the rarer colours usually go on a quick stock turn and hence profit.(Unless its a Spectral Pink with Deep Tan leather of course)

I'm happy anyway. 2019 D5 HSE Lux SDV6 Indus
55 D3 SE
98 MX5 1.8 RS
gone 17 older variants of FFRR

When is comes to selling your car to a dealer you never have the right colour in my experience. Either you have the common colour combo and they say "we have got loads of those in stock at the moment" as a reason to give you a low price or if you have a less common combo they say "that is a very unusual colour choice, not much demand for those" and also give you a low price.

I agree with Nick as long as your colour combo is not too outrageous then there are likely to be others who will appreciate it and want it and if it is a rare choice this can work for you. When buying used people are less hung up on resale value and go more with what they like. It is best to sell privately in these circumstances though.

I had this exact issue when I came to sell a green Porsche 911 a few years ago. None of the Porsche dealers in the South East were interested because of it being green but a dealer in Edinburgh was really keen to have it and gave a great price because it was different to all the other cars they had on the lot.

that's such a true comment. Bottom line when you try to sell a car to a dealer, hey never say great there is always a BUT.
Tricky to gauge right now how value will hold given the move up in price, does this become the new FFRR territory or does it get corrected come resale time.
Have debated long and hard FFRR vs RRS but I am pretty such set on FFRR. Think a £95k SDV8 FFRR makes more sense than a £82k RRS SDV6 AB

Not all dealers...

Good to have a professional here
What is your opinion on 405 resale value 2 years out? Appreciate it is difficult but you have the experience