Home > General (L405) > L405 prices ? |
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Dolphinboy Member Since: 07 Dec 2009 Location: Bristol Posts: 3161 |
They are pretty low at the moment I think (c. £35k for a 2016 3.0L). Ones with higher mileage are lower still at low £30s.
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1st Sep 2019 4:22am |
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Bg259 Member Since: 31 Aug 2019 Location: London Posts: 32 |
I would like an AB with rear entertainment with a dark exterior, deployable steps and ivory interior with circa 40-50k mikes.
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1st Sep 2019 6:56am |
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ilard Member Since: 21 Oct 2012 Location: London Posts: 712 |
I can’t see how prices will stabilise until these become classics in two decades time. So, yes, they are going to drop some more unfortunately! |
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1st Sep 2019 7:04am |
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cass Member Since: 12 Oct 2011 Location: northumberland Posts: 738 |
Unfortunately depreciation is inevitable and the newer & more expensive the car the bigger the hit. If depreciation is a big issue for you then you can either stick your head in the sand or apply selective man maths to convince yourself that it isn't happening to you (but it will be!)
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1st Sep 2019 5:32pm |
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jim4244 Member Since: 31 May 2012 Location: UK Posts: 853 |
Cass, I recently went through a complete rethink and changed my mindset when it comes to buying new cars. I was changing my car every 2 years, even though I was only driving around 6000 to 7000 miles per year. So earlier this year, after 4 brand new Range Rover Sport’s, I bought a 2005 Range Rover Vogue.
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2nd Sep 2019 3:39am |
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carlos50 Member Since: 03 Feb 2011 Location: North England Posts: 717 |
I bought a 65 plate 5.0 S/C AB in March this year and if I part exchange today I will have lost £20k in depreciation, more in some instances |
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2nd Sep 2019 11:31am |
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dexion7 Member Since: 06 Jun 2013 Location: Tynemouth Posts: 291 |
depreciation is scary!
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2nd Sep 2019 2:24pm |
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TJH1985 Member Since: 11 Feb 2015 Location: Nottingham Posts: 664 |
I have been watching the L405 prices coming down with interest, our spec would be a 2015 4.4 VSE with <50k which recently seems to be around 32-34k which is a huge drop from 6 month ago.
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2nd Sep 2019 2:35pm |
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Bill Member Since: 18 Nov 2017 Location: Essex / Normandy Posts: 1233 |
The more time passes, the older they get and the prices reduces... bit like night following day.
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6th Sep 2019 1:46pm |
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archermav Member Since: 01 Jun 2015 Location: Black Country Posts: 350 |
I bought my 16 AB a few months ago, changing from my 08 plate TDV8 ( which was brilliant). Cost me a fair chunk to change
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6th Sep 2019 5:47pm |
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roberlar Member Since: 16 Feb 2019 Location: Buckinghamshire Posts: 203 |
I bought my previous full fat brand new back in 2004. I believe I paid around 60k for the car. I sold it last year for 12k which given it's age wasn't bad, but this was primarily due to one owner and it only 41k on the clock. Average cars were around half that price or less. At the time I wanted to replace it with an L405 AB which would retail at around 100k + new which I couldn't get my head around. Therefore I decided to buy used this time and given the difference I paid of around 58 k less than the new cost that's loads more than even the most disastrous used motor would need spending on it. Personal reg and a few 'updates' and unless you were a total anorak you wouldn't distinguish it from a brand new car. It's when the significantly changed next generation comes along in a couple of years that prices will take a hit, so the newer the L405 you buy the bigger the financial hit. Just my opinion |
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6th Sep 2019 6:20pm |
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Scotland Member Since: 29 Feb 2016 Location: Worcestershire Posts: 81 |
It's an interesting one the pricing. I've quite frugal so I don't buy new cars. Saying that my wife does insist on having reasonable new (i.e. 2-3 years old at the start of our ownership) and not 20+ like mine!
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10th Sep 2019 7:46pm |
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Ukandrewf Member Since: 29 May 2013 Location: South bucks Posts: 215 |
nothing wrong with being frugal in my book - it's hard to earn and easy to spend...
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10th Sep 2019 8:00pm |
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brad s1 Member Since: 23 Sep 2008 Location: Boston Posts: 134 |
You sold a 2004 last year for 12k... That poor man. Now I feel bad for myself. I just sold a 2009 supercharged for 5k |
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16th Sep 2019 11:07pm |
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