Without going into too much personal details which I am not going to do, I thought this may be of interest - these are the costs of running a new Range Rover Vogue SE 4.4 TDV8 over 5 years @12k miles per year :-

Total Purchase Price £85k with options @ 2011 / 2012 - sale price now after 5 years £20k.

Depreciation = £65k or £13k per year.

Approx Annual totals :

Depreciation £13k
Insurance £350
Tax £550
Service and brakes £750
Tyres £300
Fuel £3000
Total £17950 per year

The above is on a car purchased outright and does not include any finance - I assume this would add £1k to £2k a year in round about figures depending on how much you borrow.

Thus you are looking at £19k / £20k a year.... edited to add I forgot to also include the LR Extended Warranty at £1600 for the latter years. I.e. Total cost could be around £21.5 a year in the latter years.

I am just wondering what the 405 will cost  2021 L405 Vogue SE 4.4 V8 DIESEL ~ #17

Last edited by Vogue on 15th Nov 2017 8:21am. Edited 2 times in total

Your annual depreciation is what I paid for my 'new' RR.

Now I’m depressed!

I don’t think I’ll bother to work out the equivalent for 35,000 miles a year!

I think that makes the case for buying a car (any car except that of SWMBO) that is a few years old. That why I am looking at low mileage 3.0L V6 diesels of about 2014 vintage, lower road tax, lower fuel costs, lower depreciation - for me adequate (never off road, never towing, never racing along about 10,000/year miles) but still an imposing vehicle and a nice place to sit. Tyres, Insurance and servicing- can't fix that but if I get Land Rover approved warranty and get it serviced by other than a main dealer should save a few quid. Thats what I'm telling her anyway, she never comes back from shopping saying how much she spent but always how much she saved - I'll do the same and say swapping my Range Rover saves us money .........  Geoff

Agree with you there Geoff, the only thing I forgot though was the extended Warranty at £1600 a year... 2021 L405 Vogue SE 4.4 V8 DIESEL ~ #17

Quote:

....total Purchase Price £85k with options @ 2011 / 2012 - sale price now after 5 years £20k.

I bought mine after the £65 depreciation. Then enjoy the smug feeling knowing mine cost £85k new!

If I hit the reset button, I could still estimate it'll loose £1k per year from here on.
But I won't do that, it's better to bury your head in the sand and enjoy the ride every day.

Suggest we all the do same! Maybe we should ask Stan to delete this topic?

Greg Cheers, Greg
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2011 Vogue SE 4.4 with lots of toys in Stornaway

Blimey. Suddenly £13,200 for my '58 plate L322 VSE looks like the steal of the century. You L405 chaps must all be Doctors and Judges to afford those magnificent beasts.

No we just employ them  2021 L405 Vogue SE 4.4 V8 DIESEL ~ #17

First rule of Fight Club...

. Cheers, Greg
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2011 Vogue SE 4.4 with lots of toys in Stornaway

Just for comparison of depreciation costs......
I bought my previous FF, a 2004 Td6 Vogue as a 2yr old LR Approved for £21k. Having been very fortunate to be offered early retirement terms, after 9years of purely social domestic and pleasure use, mainly very long holidays visiting every corner of Europe I got £9k trade in for it against my 2011 costing £29k.
£12,000 depreciation over 9 years of trouble free pleasure equates to £1,333/year.
😁😁😁. G reg 2.5VM Vogue Portofino red 1991- 1999
V reg 2.5td P38 Rioja red 1999- 2006
53 reg td6 Vogue Oslo blue 2006- 2015
11 reg 4.4 TdV8 Vogue SE. Baltic blue 2015- date.
https://www.fullfatrr.com/forum/topic56162...tty+affair

Expect a late L322 has taken a bigger hit with the arrival of the L405 - early L405s with higher miles are only recently dropping under £40k retail.

the 2012 run out FF's seem to be in demand because they are the last of the 'proper' range rovers..

[waits for the flack ] ... - .- -.




Y. O. L. O.
.

Funnily enough everyone said the same about the Classic in 1996, then the P38, and now the L322.

I also disliked the P38, L322 and L405 when launched but grew to like them and the vast improvements they offered.... 2021 L405 Vogue SE 4.4 V8 DIESEL ~ #17

Last edited by Vogue on 15th Nov 2017 12:54pm. Edited 1 time in total

Those figures are pretty similar to mine for my S/C apart from the fuel of course, which adds approx £2,000 per year and the depreciation, which hasn't been so savage.

I decided to keep mine at 5 years old, rather than move to a 405 and I'm sure it was worth more than £20k at the time, more like £30k, which evens out the extra fuel cost.

Now it's probably worth about £8k, as it's much lower down the depreciation curve, so it's worked out at just over £1 per mile, all in over 10 years.

Vogue wrote:

Funnily enough everyone said the same about the Classic in 1996, then the P38, and now the L322.

I’m just about old enough to remember the original Range Rover being described as not being “a real Land Rover”

Personally, I’m only just coming around to the idea of a Land Rover not having the steering wheel in the centre and still being called “real”...