I paid £18k for my 2014 XS with 26k miles on it in 2017 fro a LR Dealer. I looked on LR Approved the other day and saw that similar age vehicles with about twice the mileage are on offer for about the same money. What's going on? 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

Ask them for a PX valuation on your car

Blimey, there are still two examples hanging on in there at about £20,000 each

retail sale prices are currently very high (there is 2013 Dynamic near me for 16.5k, same dealer has a 2013 HSE Lux for 18.5k, both with around 50-60k on the clock)

this is partially due to the lack of availability of new cars (component supply shortages) so everyone is buying used.

sadly though i think part ex prices are still at 'normal' levels so dealers are making a HUGE profit (i think the dealer above buys from auction mostly so could have paid as low as 10-12k for the HSE Lux allowing 6-8k profit/dealer costs.

You might be surprised at how much buyers are prepared to pay.
We were going to sell Gills car last year and got a quote from WBAC for around £3,500 -so didn't go ahead.
a month ago we tried again, this time my sons car, same model and colour, registered on the same day, but 10,000 miles more. WBAC quoted £4,600 and we got a couple of hundred short as it had a couple of "scratches" - not deep enough to have gone through the paint, and a professional valeter would have seen them disappear.

Sold to We Buy Any Car it and son now has Gills car - only 7,000 miles and 3 years old. Tangiers Orange - gone, missing her
Replaced by Ewok what a mistake - now a happy Disco Sport owner

Hi

Car supermarket near use has a 2014 SD4 Dynamic with 24000 miles on clock. They want £23000 for it. Makes you wonder who would pay that.

Dave I

One of my sons sold his 62 plate Porsche 911 Carerra S a couple of weeks ago, WBAC offered £57.3k for it and he sold it to a dealer for £58k. The dealer sold it a couple of days later for £64k so not such a huge markup, however WBAC came back a few days later with a revised offer of £58.8k. Crazy times indeed, in the past WBAC have refused to give valuations on cars like these. 3 x FL1 2 manual + 1 auto
5 x FL2 4 manual + 1 auto
Now Discovery Sport P250 MHEV SE

As from June 2022 ALL new cars will have smart speed limiters fitted then you will see used cars values holding especially high performing cars

I'll just tell them I'm not very smart so shouldn't affect me

Jack frost wrote:

As from June 2022 ALL new cars will have smart speed limiters fitted then you will see used cars values holding especially high performing cars

Sadly, a lot of people were missold on that one.
We will have to follow European vehicle legislation very closely, legislation in which we no longer have a say ☹️

Just 1 FL2 on their site this morning.

Jack frost wrote:

As from June 2022 ALL new cars will have smart speed limiters fitted then you will see used cars values holding especially high performing cars

So unless it's a new car, it's not going to be affected?

It is not a speed limiter - that limits the car speed physically.
It's a device to warn you that you are potentially exceeding the speed limit - be it a flashing light, a nag screen or having the accelerator pushing back.

Big difference.

A warning device can be ignored if you know that the information is incorrect, unlike for instance the Adblue system, this will disable the car if it detects that the tank is empty even if you have just filled it up, or that the Adblue is of "insufficient quality" even if you have bought it from LR.
A real PITA if the level sensor goes out of range when the tank is full, or the "quality" system algorithm is screwed by a software update. Tangiers Orange - gone, missing her
Replaced by Ewok what a mistake - now a happy Disco Sport owner