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Ambassador123



Member Since: 28 Nov 2012
Location: Herts
Posts: 2

United Kingdom 2013 Freelander 2 SD4 HSE Lux Auto Santorini Black
Residuals over 1 or 2 years

Hi all,
Thinking about FL2 HSE LUX for 37k from local dealer. Bit concerned at a couple I've seen on Autotrader for 29k on 2011 plates. That's a big drop in a little over a year. I'm used to mercs and bmws so not sure how residuals on FL2 compare. Any idea how I could get an idea of residual after a year with about 10k miles on clock.

Car seems great but that's a big drop.

cheers for any help.

Post #162870 1st Dec 2012 8:36 pm
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chrisdeeming



Member Since: 29 Dec 2011
Location: Sutton Coldfield
Posts: 828

2007 Freelander 2 TD4 SE Manual Santorini Black

If you're planning to change it after 10,000 miles then you could do a deal with the main dealer, cant see the point in that though :S I can't even see the point in changing it every 3 years as you can get a land rover extended warranty. Anyway in answer to your question I think you'd loose around 8.5k over the first year with 10 k on the clock. I'd just buy it and keep it for 5 years, its up to you but no one actually cares if its a 62 plate or a 58 plate. When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car

Post #162875 1st Dec 2012 9:02 pm
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chrisdeeming



Member Since: 29 Dec 2011
Location: Sutton Coldfield
Posts: 828

2007 Freelander 2 TD4 SE Manual Santorini Black

what I am trying to basically say is if your intending to keep it buy new if your not by a decent second hand one from a dealer. When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car

Post #162876 1st Dec 2012 9:04 pm
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Ambassador123



Member Since: 28 Nov 2012
Location: Herts
Posts: 2

United Kingdom 2013 Freelander 2 SD4 HSE Lux Auto Santorini Black

Hi mate,

I did actually want to keep it for a few years but just got cold feet when I saw an article comparing residuals to the evoque in which case I thought that may have been a better value buy albeit with a higher outlay. pity though as I preferred the drive on FL

Just thinking out loud....

.

Post #162878 1st Dec 2012 9:19 pm
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chrisdeeming



Member Since: 29 Dec 2011
Location: Sutton Coldfield
Posts: 828

2007 Freelander 2 TD4 SE Manual Santorini Black

Just buy it and keep it forever that way any outlay will be negligible Very Happy When I die, I want to go peacefully like my Grandfather did, in his sleep -- not screaming, like the passengers in his car

Post #162879 1st Dec 2012 9:59 pm
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superspark



Member Since: 24 May 2009
Location: Devon
Posts: 877

United Kingdom 2008 Freelander 2 TD4 SE Manual Izmir Blue

There are not many cars out there that will hold a high value from new. Most cars lose the most in the first few years, after that it settles down.
As chrisdeeming has pointed out there are options, which you chose to do is up to you. I looked at buying new but then looked at the price differance on a 12month old with 8,000 miles and decided to to that. That was three years ago or there abouts.
Still have the car and after having a loan FL2 a few months ago that drove like a bag of Censored have decided to keep mine for a few more years at least as it drives so smoothly. Thumbs Up

Post #162895 2nd Dec 2012 9:22 am
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richardk



Member Since: 11 Jan 2009
Location: Norwich
Posts: 909

United Kingdom 2013 Freelander 2 SD4 GS Auto Aintree Green

Ambassador123 wrote:
Hi mate,

I did actually want to keep it for a few years but just got cold feet when I saw an article comparing residuals to the evoque in which case I thought that may have been a better value buy albeit with a higher outlay. pity though as I preferred the drive on FL

Just thinking out loud....

.


The Evoque is a bit of a one off in the residuals.....with dealers able to sell secondhand units at the price of new ones (until recently they were selling them higher than new until LR stepped in and stopped it). But as demand for the Evoque is met residuals will fall back.

If you want the best residuals then go for an Evoque but I've always found FL2 residuals to be well better than average anyway and on one occasion I traded one in for more than I paid for it after 18 months previously....buy in the summer sell in the winter!.

Although I like the Evoque I prefer the more traditional and less ostentatious look of a FL2 so I'm happy to accept the difference in residuals.

Post #162900 2nd Dec 2012 10:31 am
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