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Home > General > JLR to cut back production |
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IanMetro Member Since: 11 Sep 2017 Location: Somerset BS21 Posts: 3111 |
It seems the uncertainty over the future of diesel sales is hurting Land Rover.
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22nd Jan 2018 10:56 pm |
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dennij Member Since: 17 Oct 2016 Location: Up North Posts: 261 |
The big issue at the moment is uncertainty over the future of diesel cars, this includes cities banning them, parking costs going up for residential permits and any other duty they can think of to price diesel cars off the road. Until this scaremongering is knocked on the head then turbulent times lay ahead for all manufacturers. They really need to get out there and spend some of their advertising/marketing budget on showing people just how far diesel technology has come. Another issue is the cost of buying a Land Rover these days, for a lot of people looking to replace an older model it's difficult to find a Land Rover these days that fits within their budget. With so many manufacturers producing SUV's cheaper and with more options as standard it's easy to see why sales of these have been on the rise. Most Land Rover owners never have a need for 4 wheel drive so can move over to a 2 wheel drive SUV with no issues. Personally I'd like to see a more competitive pricing structure from Land Rover to keep sales going but it's moved into the "premium" brand market so the likes of Joe Bloggs who have been loyal to the brand for many years now find themselves only able to peer through the window of the dealership rather than being able to go inside and make a purchase. I recently looked at a Discovery Sport that would have made a nice replacement for my FL2 but at £50k it's twice the price of a fully loaded VW Tiguan |
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23rd Jan 2018 7:58 am |
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JulesK Member Since: 07 Dec 2014 Location: Ceredigion. Posts: 1664 |
Seems to me that there are a lot of alternatives out there if you just want a '4x4' but the comfort of the drive in many of these is not a patch on the Freelander its just a shame that LR have drifted off down a designer route.
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23rd Jan 2018 8:58 am |
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MartynB Member Since: 08 Aug 2011 Location: Currently Rootless ! Posts: 1777 |
The other thing to consider is that over recent years the motor industry have been selling the majority of their product on PCP plans . A lot of those sales were “ up sold “ . “ Joe public” has been told for years it is their right to drive round in a new Evoque or similar . As inflation v real life comes into play perhaps people coming round to lease renewal times are realising that running a “ Premium “ vehicle is not the be all and end all compared to paying a mortgage and eating
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23rd Jan 2018 9:47 am |
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Yorky Bob Member Since: 28 Apr 2015 Location: Yorkshire Posts: 4561 |
PCP is a ticking bomb as inflation rises , interest rates go up and the GAP gets ever wider to replace the car you have
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23rd Jan 2018 10:43 am |
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RogB Member Since: 16 Dec 2014 Location: Mansfield Posts: 3880 |
My son is needing to replace his Audi A5 convertible to accommodate his ever growing Labrador, and loves my FL2 HSE.
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23rd Jan 2018 10:49 am |
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tenet Member Since: 23 Jul 2009 Location: cotswolds Posts: 1081 |
Drive the deal are giving a 15% discount on a DS hse auto down to £341/2k with 5.9% PcP compulsory otherwise a £1,500 price increase. MY 09 GS manual in Lago Grey, Wood Co arm rest and side bumper strips - now sold.
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23rd Jan 2018 11:28 am |
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Yorky Bob Member Since: 28 Apr 2015 Location: Yorkshire Posts: 4561 |
Most Mercs are 20% or more off list so they are obviously 20% more expensive than they need to be. FL2 MY10 TD4 GS traded in at 2 years
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23rd Jan 2018 11:31 am |
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Past master Member Since: 30 Jun 2010 Location: Isle of Ely Posts: 2710 |
Two possible reasons for looking at a pcp: 1) You can walk away at the end of three years and not be tied into buying a similarly expensive car. I did this the only time I ever had one - gave the car back as it was worth less than the residual and bought a ten-year-old Disco. 2) Many people think that second hand diesels will be worth very little in a few years' time. PCP is a way of hedging your bets against the residual value. Ex AA Series III LWB Safari - Gone 300TDi Disco (bought new - terrible car) sent back after 18 months Freelander 1 Estate - leased, given back at end of lease 200TDi Disco (bought from a mate with 100,000 on the clock) - Gone Disco 2 TD5 - sold and exported to France FR2 TD4 GS - Gone FR2 SD4 HSE - Now changed for a DS New model ex-demo Evoque S 180 in white Unable to order a new DS, so gave up. Now have a Volvo S90 Recharge. |
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23rd Jan 2018 2:17 pm |
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Yorky Bob Member Since: 28 Apr 2015 Location: Yorkshire Posts: 4561 |
I thought most PCP contracts had a final payment that could be as high as 50% of the original value hence most punters rolled that over into a new car on a new contract. Put me right on this as we have never used a PCP. FL2 MY10 TD4 GS traded in at 2 years FL2 MY13 TD4 GS Current |
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23rd Jan 2018 2:30 pm |
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RogB Member Since: 16 Dec 2014 Location: Mansfield Posts: 3880 |
I think there are a couple of different types.
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23rd Jan 2018 2:48 pm |
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Past master Member Since: 30 Jun 2010 Location: Isle of Ely Posts: 2710 |
Yes, I had the first type. Essentially I rented the car for three years then gave it back. I could have bought it at that point but would have had to pay more than its actual value. This was long ago when LR were owned by BMW. Things may have changed by now - either way it would be necessary to do the sums before rushing in.
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23rd Jan 2018 2:58 pm |
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dorsetfreelander Member Since: 20 Jul 2013 Location: Dorset Posts: 4354 |
My daughter is thinking of replacing her car (something like a small Audi or something similar) so her brother did some interesting calculations looking at buying new versus used and came to the conclusion with all the finance packages around that in many cases it's now cheaper to buy a new car than a used car which implies that the manufacturers are effectively subsidising the market and that residuals are being inflated to make the numbers fit. 3 x FL1 2 manual + 1 auto
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23rd Jan 2018 6:02 pm |
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Tigger Member Since: 30 Mar 2011 Location: L15KRD Posts: 2555 |
There isn’t really such a mass “fleet market” any more, not since the days of fleets of Cortinas or Cavaliers. What there is left will be a race to the bottom on price for whichever manufacturer has the deepest pockets and little in the way of dignity. BMW do remarkably well with the police fleets. JLR are well of out of that area of the market! The less said about the latter day Vauxhall Chevette (3 Series), or the funny Golf (A4), the better! |
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23rd Jan 2018 6:54 pm |
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