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Hoyboy



Member Since: 21 Oct 2021
Location: London
Posts: 65

United Kingdom 
Official JLR dealers reselling used L460’s with inflated ï

This may be a really stupid question so forgive me for my ignorance if so.

Had a quick look on auto trader while I was bored and official JLR dealers are joining in at selling low mileage L460’s tens of thousands over list price with a few thousand miles on the clock.

If the dealers were getting customers to sign waivers saying they can’t flip the car once they receive it and were so against customers making some money then why are they joining in on the shenanigans of selling way over the list price of a brand new L460?

Have they done this before with other models and I’ve just been out of the loop?

Post #640036 18th Aug 2022 7:41am
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aja500



Member Since: 15 Oct 2017
Location: South East
Posts: 824

United Kingdom 2019 Range Rover Autobiography 5.0 SC V8 Aruba

Very good point Hoyboy, I too had noticed this.

I'm not sure about other previous models, but surely the main dealers should be practicing what they preach!

Post #640094 18th Aug 2022 6:00pm
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DrRob



Member Since: 16 Apr 2015
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United Kingdom 2011 Range Rover Vogue SE TDV8 Buckingham Blue

Exactly why I hate main dealers with a passion. Absolute bunch of c... Censored Gone to a good home: 2011 4.4 TDV8 Vogue SE Buckingham Blue with Ivory and clear glass = "Rory"
2025MY Defender D350 90 in Silicon Silver on coils
1974 Series 3 Lightweight = "Millie"
Many, many other Landies over the years
My preferred specialist: www.glenrands.co.uk
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Post #640099 18th Aug 2022 7:49pm
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AnotherMutley



Member Since: 16 Jan 2017
Location: Kent
Posts: 400

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They've been doing it with the Defender for a while, both old and new. I remember Ford dealers doing the same with the Mustang when they first came out, albeit not to the same extent, so its nothing new and not limited to Land Rover dealers.

If people are daft or desperate enough to pay over market price, then bigger fool them.

Post #640100 18th Aug 2022 8:17pm
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AndyS



Member Since: 27 Feb 2016
Location: Lymington, Hampshire
Posts: 404

United Kingdom 

So how do the dealers not sell at inflated prices? They can’t buy them in at below list and sell at list or less, everyone knows the value of their car and what’s going in the marketplace, it’s all about market forces. I don’t support their antics in other areas but you can’t fault a business trying to make a profit.

Post #640215 19th Aug 2022 5:24pm
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aja500



Member Since: 15 Oct 2017
Location: South East
Posts: 824

United Kingdom 2019 Range Rover Autobiography 5.0 SC V8 Aruba

I do agree with you Andy - If the main dealer is buying a customer's car back into stock, they have at least got to pay pretty much what they sold it for, or the customer will go elsewhere with it.

Also, if they've then paid pretty much RRP, they're going to have to go higher in order to make a profit, after all, they're there to make money.

I think where the problem lies, is that these very same main dealers are the one's dictating and telling customers that they can't make a profit from their new car, when they are then going on to do just that!

It's not that we should expect main dealers to make a loss on a car, or sell at a price below current make values, but if they want to do that, you have to admit, it does seems a bit hypocritical of them to tell others not to do the same.

Post #640231 19th Aug 2022 7:22pm
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