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El Nino



Member Since: 08 May 2008
Location: UK
Posts: 17

2007 Freelander 2 TD4 GS Auto Sumatra Black
Values are plummeting

Just had a look at Pistonheads classifieds which include 3 FL 2s (all for sale from stealers)

XS 2007 5400 miles £19995
GS 2007 13500 miles £15995
S 2007 5000 miles £15500


Ouch! Big Cry

Post #25363 8th Aug 2008 2:06 pm
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Dave



Member Since: 04 Jul 2007
Location: Somewhere Near You
Posts: 2666

Scotland 2012 Freelander 2 SD4 HSE Auto Indus Silver

Glad I bought mine with a GMFV then Very Happy ______________________
2011 Full Fat RR 4.4 TDV8
2012 FL2 SD4 Auto HSE
2013 Kawasaki Versys 650

Post #25370 8th Aug 2008 4:30 pm
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Frobius



Member Since: 05 Aug 2008
Location: Lincolnshire
Posts: 326

United Kingdom 2009 Freelander 2 TD4 XS Manual Martinique Blue

Gawd yeah me too. Didn't think it would ever need it but ouch! 09MY FL2 Td4 XS, Style Pack, Privacy Glass, Martinique Blue.. oh so very blue..

Post #25372 8th Aug 2008 4:32 pm
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avtur



Member Since: 11 Nov 2006
Location: Stockport
Posts: 1306

United Kingdom 2007 Freelander 2 TD4 GS Manual Stornoway Grey

As I've said on another thread the re values going down. I'm tied into a 30 month contract on my car starting Jan 07, I've recently checked the same deal and found the price residual after 30 months is now £2500 lower than in Jan 07. Given that our beloved FL2 is NOT in the highest CO2 band and DOES return very good mpg I think this is somewhat unfair. In reality it is an over reaction to some of the media hype out there.

But as they say, perception IS reality and if the media is reporting these stories about declining values then that's how it is in peoples minds ....

Post #25376 8th Aug 2008 5:43 pm
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Dave



Member Since: 04 Jul 2007
Location: Somewhere Near You
Posts: 2666

Scotland 2012 Freelander 2 SD4 HSE Auto Indus Silver

yep, they always say that bulls Censored t baffles the brain, and the press have alot to answer for these days Evil or Very Mad ______________________
2011 Full Fat RR 4.4 TDV8
2012 FL2 SD4 Auto HSE
2013 Kawasaki Versys 650

Post #25378 8th Aug 2008 6:01 pm
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snappa



Member Since: 16 Apr 2008
Location: Watching C-beams near the Tanhauser Gate
Posts: 1633

Scotland 2013 Freelander 2 TD4 GS Manual Buckingham Blue

So if the press said the sky was falling in you would believe it?

Post #25394 9th Aug 2008 12:16 am
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chicken george



Member Since: 05 Dec 2007
Location: N. Yorks
Posts: 13289

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

what who where ? sky falling Shocked run for your lives.

Just parked up the combine harvester time for bed now, will sleep with a crash helmet on due to the sky falling danger At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #25396 9th Aug 2008 12:24 am
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Dave



Member Since: 04 Jul 2007
Location: Somewhere Near You
Posts: 2666

Scotland 2012 Freelander 2 SD4 HSE Auto Indus Silver

Don't believe anything that is written in the press............come to think of it I don't even read a news paper Exclamation ______________________
2011 Full Fat RR 4.4 TDV8
2012 FL2 SD4 Auto HSE
2013 Kawasaki Versys 650

Post #25409 9th Aug 2008 5:43 pm
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John L



Member Since: 07 Jul 2007
Location: The Garden of England
Posts: 182

United Kingdom 

I dont think it is just our FL2's that are suffering, I suspect with the credit crunch, the mortgage hassles and with everything costing what it does of late, many people just can't change their motors as much as they used to. I regularly drive past garages with a reasonable local reputation that used to have a steady turnover on the forecourt, now I just see the same motors sitting there for weeks if not months on end. Even small low insurance group cars don't seem to move as quick as they used to.
Having said that I may just turn this to my advantage. My daughter will be learning to drive in a couple of months and I am suddenly finding that what I had in mind to spend on her first car will buy something at least a couple of years newer than it would have done a while back.
Could another reason for the drop be that there are now FL2's on the market outside of the dealer network?

Post #25410 9th Aug 2008 6:41 pm
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Gambba



Member Since: 07 Aug 2007
Location: Dubai
Posts: 775

United Arab Emirates 2008 LR2 i6 HSE Auto Stornoway Grey

Agree with John, and suspect if someone was to look at residuals on many cars they would see that many of them are lower than they were over a year ago.

Too many people react too quickly to many things and maybe cheaper vehicles on teh market is just a sign of people overreacting and 'dumping' their vehicles, meaning many low valued vehicles are around now. Once you've tasted GREY you'll never go back!

Post #25417 10th Aug 2008 7:29 am
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avtur



Member Since: 11 Nov 2006
Location: Stockport
Posts: 1306

United Kingdom 2007 Freelander 2 TD4 GS Manual Stornoway Grey

Glasses guide published a report this last few days, they averaged out a 12% drop in all secondhand values between now and the end of the year. If 12% is the average then there's going be some a lot worse than 12% Shocked

Now I can accept the fuel price is a market driven issue but to start playing around with the VED is a completely unnecessary and is just adding to the problem of spiraling costs we are all dealing with. My opinion is that the bloody government are entirely responsible for this.

As they are also responsible for this dithering about stamp duty issue, which has has brought what was left of a housing market to a grinding halt. We're in the process of selling a house, nearly got to the point of an offer this last few days, then guess what, the stamp duty fiasco rears its head. (not our house, my mum's house that we're selling to pay for the care home she's is - that's another story)

This place is turning to ****

Post #25419 10th Aug 2008 8:19 am
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chicken george



Member Since: 05 Dec 2007
Location: N. Yorks
Posts: 13289

United Kingdom 2008 Freelander 2 TD4 XS Manual Santorini Black

ffiinng Brown fiddling while the UK burns At work
At home

"I can't always believe facts I read on the web" - Charles Dickens

winner by default of the tractor vs caravan race

Post #25422 10th Aug 2008 9:17 am
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John L



Member Since: 07 Jul 2007
Location: The Garden of England
Posts: 182

United Kingdom 

As they are also responsible for this dithering about stamp duty issue, which has has brought what was left of a housing market to a grinding halt. We're in the process of selling a house, nearly got to the point of an offer this last few days, then guess what, the stamp duty fiasco rears its head. (not our house, my mum's house that we're selling to pay for the care home she's is - that's another story)

This place is turning to ****[/quote]

I know this is getting off topic but I am totally with Avtur on this one. I was in exactly the same situation 3 years ago with my late mum, luckily her bungalow sold quickly but why the hell should the elderly pay for their care. They paid taxes all their working lives. Bloody government.
I'll stop moaning now!

Post #25424 10th Aug 2008 9:58 am
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