Home > General (L460 2022) > Debating on updating to L460 |
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cass Member Since: 12 Oct 2011 Location: northumberland Posts: 743 |
The problem is that like it or not the dealers have the upper hand, as long as there is an 18 month waiting list and more buyers than cars, anyone who wants one will have to put up with whatever crap the dealers/manufacturers dish out. The only leverage we ever had as buyers was the threat of walking away which is no threat when demand is greater than supply.
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6th Feb 2023 5:10pm |
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AndyS Member Since: 27 Feb 2016 Location: Lymington, Hampshire Posts: 405 |
I've signed the agreement and then sold my car via SOR with the original dealer when it was a couple of months old for a decent mark up so the rules don't apply using this method. If I'd sold via an independant dealer then the rules apply.
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6th Feb 2023 6:21pm |
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Japseroony Member Since: 18 Nov 2008 Location: North East Posts: 384 |
AndyS doing a SOR is fine as you are selling back to the original dealer which apparently is acceptable
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6th Feb 2023 6:47pm |
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Dixy Member Since: 09 Apr 2009 Location: Somerset Posts: 1097 |
Interesting RDR. Vertu have recently bought the Helston Garages group that include my dealer that I have known for 40 years. Have dealt with the same salesman for nearly 20 years, will be interesting what he says and if he stays. letters not necessarily in the right order |
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6th Feb 2023 6:58pm |
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AndyS Member Since: 27 Feb 2016 Location: Lymington, Hampshire Posts: 405 |
They charged me over 3 times the normal SOR fee too. Current fleet: 2020 McLaren 600LT Spider 2020 Mercedes C300 Cabriolet 2023 PHEV 440 SE 1992 Lotus Esprit turbo 2019 Alpine A110 |
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6th Feb 2023 7:28pm |
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Phil. Member Since: 19 Apr 2010 Location: West Midlands Posts: 786 |
Japseroony,
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8th Feb 2023 5:02pm |
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supershuttle Member Since: 20 Mar 2011 Location: Lancashire Posts: 3823 |
I was barrelling along the motorway when passed by an L460. I said to SWMBO "thats the new Range Rover", "don't think your getting one of those ugly things" she said, I've clearly got some work to do. Geoff |
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8th Feb 2023 5:19pm |
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Bill Member Since: 18 Nov 2017 Location: Essex / Normandy Posts: 1233 |
Geoff
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8th Feb 2023 5:22pm |
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Japseroony Member Since: 18 Nov 2008 Location: North East Posts: 384 |
Hi Phil, makes absolutely no difference to me what you do with it and if you can and do sell it on for a profit then good for you, was just highlighting the potential issues was all "UNDERSTEER" ----is when you hit the fence with the front of the car. "OVERSTEER" ------is when you hit the fence with the rear of the car. "HORSEPOWER" ----is how fast you hit the fence. "TORQUE" -----------is how far you take the fence with you. |
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8th Feb 2023 5:28pm |
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Bill Member Since: 18 Nov 2017 Location: Essex / Normandy Posts: 1233 |
I have been involved with ‘sales’ for 40 years, in a market that swung erratically & significantly . All I know is , it’s extremely hard not to poke the buyers when the market is firm, and inevitably I get a good kicking when it’s down. My success was whilst riding high, not being to harsh whilst sticking the red hot poker where the sun doesn’t shine, do it gently and sympathetically…smiling all the time…At least I got a call when the market collapsed. JLR dealers have a lot to learn Filters are in fact so good that in certain circumstances, when the ambient air is already polluted, a diesel car will tend to extract more particles from the air than it emits. Emissions Analytics worked with........etc etc He who dies with the most toys wins... |
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8th Feb 2023 5:32pm |
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Phil. Member Since: 19 Apr 2010 Location: West Midlands Posts: 786 |
It appears that Defender delivery times are reducing as are their premiums. I expect this will the case for FFRR/RRS in the next 18 months or so, at which point the dealers will face completely different market conditions. MY23 D350 HSE
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8th Feb 2023 5:41pm |
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5.0 Member Since: 25 Feb 2012 Location: Surrey Posts: 718 |
253 L460s for sale on AutoTrader at the moment, anecdotal evidence from this forum regarding builds and the increasing number I am seeing around suggests to me that the premiums will disappear in a lot less than 18 months. Also, the interest rates on PCPs is curbing demand for all new cars. |
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9th Feb 2023 11:50am |
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Japseroony Member Since: 18 Nov 2008 Location: North East Posts: 384 |
And every one of them above list with most well above list so you either bit the above list bullet or you pay a deposit and wait the 18 months "UNDERSTEER" ----is when you hit the fence with the front of the car. "OVERSTEER" ------is when you hit the fence with the rear of the car. "HORSEPOWER" ----is how fast you hit the fence. "TORQUE" -----------is how far you take the fence with you. |
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9th Feb 2023 12:02pm |
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aja500 Member Since: 15 Oct 2017 Location: South East Posts: 824 |
5.0 is 100% correct here, these premiums are already starting to diminish on Range Rovers as well as other popular brands. In addition to a FFRR, I also have a G400d G Wagon on order for my wife. These cars used to be flipped at £20k+ over list, now that figure is as little as £12k over list. That's probably £5k for the flipper and £7k for the dealer who's reselling and taking the risk with his cash - Can anyone really be bothered with all this hassle for a measly £5k? - Not me. I spoke to my supplying JLR dealer today and they confirmed that they are definitely starting to see an increasing number of cancelled orders across the entire range. She told me that they are starting to notice people are cutting back, especially with the increasing APR's and general cost of living. I also know that Porsche are experiencing the same. Factory production numbers at JLR are also beginning to increase, thereby again adding further to market availability. In addition to all this, I heard the other day, that 1.8 million households are due to renew their mortgage products this year, many of these customers will see their interest rates double, or even triple!!! With respect, anyone who thinks that these factors aren't going to lead to an increase in availability, a reduction in household spending, or a belief that FFRR premiums are going to stay this way forever, is frankly deluded. |
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9th Feb 2023 8:42pm |
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