Doodle. I have sent you a pm. I am also in the Midlands. MY23 D350 HSE
On my 7th RR plus various other JLR vehicles

I think a lot of MD's are trying to future proof their trade in values at present... The market for 405’s is an uncertain place with cars now leaving the dealer warranty network, which has to affect residuals! Once a few drop quickly, its expected that prices across the board will follow suit!

Would you want 10 or 20% wiped off your stock in a matter of weeks or months? & lets be honest, summer is hardly the greatest of selling times for FF’s!!!

Just my 2p’s worth

Doodle wrote:

Perhaps they know something the rest of us don't regarding longer term reliability?

Doodle wrote:

Too Much.

My L405 experience. Paid £96k eighteen months ago. Now looking for update with dealer who has suggested £60k for trade in.

£2k per month depreciation (37%) is ridiculous for this model, purporting to be globally the best of its type.

Perhaps they know something the rest of us don't regarding longer term reliability?

Anyway, my thoughts are now to look at something else such as another dealer, or better still another manufacturer.

I consider the depreciation to be too high given 11 months waiting for delivery and a shed load of problems during ownership.

Could it be the 'shed load' is the reason for rubbish residuals?

So much for customer care and brand loyalty. LR continuous customer since 1977.

PS Should add excellent condition and covered 15k miles.