Hi all I have been looking around for range rover vogue se and my question is why is there such a price gap between an 08 /09 and 09 /10 on average between £10k on an 08-09 and £10k 09-10
Does it mean will loose £10k in the first year of ownership or is there a model difference I am missing?
Bought my disco 3, 3 years ago and only dropped value of £5k in the 3 years, 07 hse paid £28k dealer offered me £23k last week, double checked with glass guide forecourt price £25k! Well surprised 2010 defender utility
2010 RRS TDV8 (gone)
2007 discovery 3 (gone)
2004 discovery 4 (gone)
1994 discovery 1
1970 v8 hybrid (gone)
1975 bobtail (gone)

MY2010 was a major face lift which included a revised front bumper, grille, lights, updated dash and electrics, so there is a big jump in price between MY2009 and MY2010. 
Gone - Range Rover Supercharged 2006

It looks nicer, but if you are going deisel it's mechanically the same I think. Earlier 3.6 TDV8 and 6 speed box.

bear100 wrote:

Does it mean will loose £10k in the first year of ownership or is there a model difference I am missing?

I think you just have to come to terms that you will loose BIG money over the years, but as with all luxurious vehicles, this is just how it is.

If you can afford it, then you only live once and just enjoy it ! You'll loose less as the years go on, but it's certainly going to be close to 10K a year for a 1 or 2 year old Rangie, unless you can find a bargain.

I'd hate to have paid full list price for a new one as you'll easily loose 20K in the first year at those prices !
If you ever buy new, get some discount to ease the pain

Think how long you may keep it, then check out the prices on autotrader for how old the RR would be then. You'll get a good idea of how much an older one will go for when you might be ready to sell. Also think about what engine you'll get. If you go petrol, you'll definately loose more the older it gets. Diesels always seem to hold their value as they start edging toward 10year old, but a V8 petrol at that age ......hmm not so many buyers

Regardless of facelifts etc, it will loose money !

Hope you get what you want soon

Thanks guys, but it's not looking good for range rover ownership for me, I have looked through various price guides and if I buy an 08 vse for £35k in 3 years it will only be worth £21k a loss of £14k
Compared to my disco which has lost less than £5k in the same time,
I think that the difference in td6 and tdv8 complicate it a bit, what are your thoughts?
 2010 defender utility
2010 RRS TDV8 (gone)
2007 discovery 3 (gone)
2004 discovery 4 (gone)
1994 discovery 1
1970 v8 hybrid (gone)
1975 bobtail (gone)

If an 08 VSE with average mileage and in good nick is worth 21k in the 3 years I will eat my socks

Gazellio wrote:

If an 08 VSE with average mileage and in good nick is worth 21k in the 3 years I will eat my socks

A 08 VSE in 3 years time will be 6 years old and the old shape that was designed some 13 year's ago.

You want red or brown sauce when them socks....  2004 black Vogue TD6

bear100 wrote:

Thanks guys, but it's not looking good for range rover ownership for me, I have looked through various price guides and if I buy an 08 vse for £35k in 3 years it will only be worth £21k a loss of £14k
Compared to my disco which has lost less than £5k in the same time,
I think that the difference in td6 and tdv8 complicate it a bit, what are your thoughts?

Mine has depreciated approx £10k a year ……

Bought new 6 year ago £74k

LR Dealership yesterday reckons PX price £14,500 …… Such is life

MICK wrote:

Mine has depreciated approx £10k a year ……

Bought new 6 year ago £74k

LR Dealership yesterday reckons PX price £14,500 …… Such is life

MICK wrote:

Mine has depreciated approx £10k a year ……

Bought new 6 year ago £74k

LR Dealership yesterday reckons PX price £14,500 …… Such is life

As Mick says "Such is Life" - Really don't buy one if you're not prepared to loose at least 15 to 20K over 3 or 4 years. Then if it's worth more, it's a bonus.
All cars loose money with the rare exceptions of collectible ones. The only way we'd all gain in value is if TaTa go bust and stop making them or if there was a massive shortage ! Perhasps we should hope that the new design for 2013 is terrible and no one wants one, maybe then, we'll see less of a depreciation.

I think you've done extremely well bear100 to only loose £5K on your disco over 3 years. I would think that most vehicles around the same price would have lost more than that, so perhaps you've been spoilt this time !

Rolo wrote:

I think you've done extremely well bear100 to only loose £5K on your disco over 3 years. I would think that most vehicles around the same price would have lost more than that, so perhaps you've been spoilt this time !

My old TDV8 was up for £34999 at a local main dealers (Not LR) a couple of weeks ago, now up @ £32999

Don't think they were happy when I told them I had kept some bits back from when I traded it in

I did offer to sell them the bits, but they never replied to my e-mail, but I did get a read receipt

Gazellio wrote:

If an 08 VSE with average mileage and in good nick is worth 21k in the 3 years I will eat my socks

think i read that wrong first time round..

Think ill keep my old banger another couple of years then get a nice cheap TDV8... 2004 black Vogue TD6

Letsavit, agreed I am also not sure either - it could be read either way.

Personally speaking though having seen the market go up and down over 40 years and having owned may new Land Rovers and Range Rovers in that period, £10k a yr depreciation on a new RR is average and to be expected - assuming you ditch it at 5 to 6 years old.

A top of the range Discovery in the late 90's was costing me £5k a year in depreciation then!

Like it or not a new RR will cost minimum of £15k a year to run all in with av miles. Even a euro box costs £5.5k a year.