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Land Rover Range Rover/Sport Prices Paid and Buying Experience

334 messages,  Last post on Nov 01, 2009 at 11:05 AM

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What is this discussion about? Land Rover Range Rover Sport, Land Rover Range Rover, SUV


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#1 of 334
Land Rover Range Rover Sport: Prices Paid & Buying Experience by greddylfe
Oct 15, 2005 (1:19 pm)
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What kind of deals and quotes have you been getting for the Range Rover Sport HSE? I was at one dealership that wouldn't budge from MSRP even after presenting the TMV pricing from Edmunds. I'm in the New York Tri-State area.
#2 of 334
Re: Land Rover Range Rover Sport: Prices Paid & Buying Experience [greddylfe] by british_rover
Oct 18, 2005 (6:07 am)
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Replying to: greddylfe (Oct 15, 2005 1:19 pm)

The only sport we have sold for less then sticker was to a long standing customer who gave us two gorgeous trades that I am sure we will flip for several thousand in gross profit. Even then all we gave him was 400 dollars off since the only car we could find in the color he wanted had an option he was not interested in.
 
I know most dealers are in the same shape we are in with almost ever car being sold before it gets here. We have two HSE trim Sports coming in between now and the end of the year that are not sold. Every other car has been sold just of our incoming vehicles list and they all sold for sticker.
#4 of 334
RRS Deals by streetbeast
Oct 31, 2005 (6:04 pm)
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The RRS is a very nice vehicle but, I don't understand why the dealers refuse to deal. Five years ago i bought a 4.7 HSE for $69k. After 2 years I decided to sell it and buy another home. The truck only had 22k miles and the best deal I could get from a dealer was to buy it for $41k. SUV's depreciate faster than most cars and the Land Rovers are right in there. Dealers should be more aggressive than they are and maybe, people I like me would be a repeat buyer.
#5 of 334
Re: RRS Deals [streetbeast] by british_rover
Nov 01, 2005 (6:53 am)
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Replying to: streetbeast (Oct 31, 2005 6:04 pm)

You bought a 4.6 HSE there has never been a 4.7 liter motor in a Range Rover. I am surprised a dealership offered you that much money for an old body Range Rover. I recently sold a 2002 4.6 HSE with 39k on it for 30,500. Your Range Rover only depreciated about $5,600 a year at least according to the number the dealership gave you. Wholesale for you car is in the mid 20's at best. $41k is an absurdly high retail number.
 
You are right SUV's depreciate faster then regular cars but the Range Sport is completly brand new they have only been on the market since July. The car is so hot right now that I do not even have a Sport to test drive every car I have on the lot is sold and everyone one of those cars sold for full MSRP. Why would I discount a car for you that I can sell at full list to five other people?
 
Lets say you are like a certain customer of mine and you buy two new Range Rovers every two years and your trades are immaculate low mileage vehicles that I can make $5,000-$7,000 on the used side. If you were that type of customer then I would probably offer a small discount of a 1000 or so dollars. But you aren't that type of customer you have only bought one car in the past five years and it is not worth anything on the retail side cause it is 2001 old body range.
 
The customer I am thinking about got a $2,000 discount on a Supercharged Range Rover and will get another $1,000 or so dollar discount on a Supercharged Range Rover Sport when it gets here. I don't mind doing that cause I know this guy will trade in those cars in two to three years and I will turn around and make $7,000 on both of them just like I did on his 2004 Range Rovers that he traded in for his 2006 Range Rovers.
#6 of 334
Re: RRS Deals [british_rover] by sam818
Nov 01, 2005 (7:49 am)
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Replying to: british_rover (Nov 01, 2005 6:53 am)

BritishRover... you missed StreetBeast's point... he sold his RR after 2 (TWO) years...... so that is a depreciation of $14,000 a year.
#7 of 334
Re: RRS Deals [sam818] by british_rover
Nov 01, 2005 (7:56 am)
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Replying to: sam818 (Nov 01, 2005 7:49 am)

He must have edited that in after I read it because I did not read anything in the post about house when I read it initialy.
 
$14,000 a year sucks but that is how it goes for these heavy vehicles. We took in a 2003 Mercedes S55AMG in trade a month or so ago. It was 110,000 something dollars new the best we could give was $77,000 and it only had 15k miles. Thats just the way it is.
#8 of 334
Re: RRS Deals [british_rover] by roverguy76
Nov 01, 2005 (11:40 am)
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Replying to: british_rover (Nov 01, 2005 7:56 am)

I am going to give you some advice.
 
I have owned nothing but Land Rovers for 12 years. I have had 2 Range Rovers, 2 Discoverys, and now an LR3 HSE. All were purchased new from a Land Rover dealership. I have had the same salesperson for the past 12 years. The reason I continue to purchase from him is not because he is the only guy in town who sells these cars. In fact, there are 3 other dealerships in the general area. I am a repeat customer because he is a gentleman. He is kind, he is honest, and he is in no way condescending. If you want to gain a solid customer base, and bring in new customers, you should adopt some of those qualities.
 
Just some advice.
 
Dr. D
#9 of 334
Re: RRS Deals [roverguy76] by beamer530
Nov 01, 2005 (5:08 pm)
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Replying to: roverguy76 (Nov 01, 2005 11:40 am)

Well said, Dr. D. Many luxury car dealers have been singing this familiar song lately: the car is hot, I don't have enough of them, so I can't negotiate. On the surface, it may sound logical, but in reality it is just another cheasy way to fool the customer. Not any more decent than low-balling or any other traditional tacky approach. And, honestly, british_rover, it insults my intelligence. I see how this "explanation" may work on someone who doesn't want to or can't wait another day to get the vehicle. Of course, we live in the country and age of instant gratification, that's why dealers really have been getting away with this trick. Here's something to think about, folks. If you walk away without buying a car, the dealer loses. Period. (By buying I also mean agreeing to order a car if it's not currently on the lot.) If he claims that he can sell the same kind of car to the next guy who walks in for more money than you offer, fine. The only difference is that by the end of the day he will have sold one car less than he could have! He may make a $6K profit on the other guy, but if you hadn't walked, he would have made his 6K plus, say, the 3K you were willing to pay him over his cost for the ADDITIONAL car you would have ordered. So, he's lost a sale and some extra $3K. Now, tell me he doesn't care??? Nonsense! The longer you let them talk, the more rubbish they will tell you that you don't need to know. Just leave them your number and the price you are willing to pay (about 5% over the invoice is absolutely fair for both sides.) Tell them to call you when they are having a slow day/week, or could use one extra sale towards that bonus in the end of the month... Remember that they want to sell you a car, they need to make money, and they are not doing you any favors. Everything else would be a lie.You can't blame a man for trying to make a maximum profit, but you won't get my money if you are greedy to the point that you insult me. Here, we are talking about mass-produced Range Rovers, not some limited edition of 50 cars that can't be replenished. Especially with [mass-produced] luxury cars, the demand cannot possibly exceed the production capability of the manufacturer. That means that Land Rover will be happy to ship to your dealer as many cars as the dealer can sell. If the dealer refuses to negotiate, walk away - but mean it. C'mon, no one desperately NEEDS a range rover this very second, you can wait a bit. On the other hand, if you are dying to get the car as soon as possible, then, of course, you may have no choice...
#10 of 334
Chicagoland buying experiences... by plisken1
Nov 01, 2005 (5:28 pm)
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Hello. I am new to the RR forum. Has anyone had any buying experiences with a Chicagoland dealer in regards to the RR sport? Or, the surrounding area? Looking for a Supercharged model. Any recommendations? Thank you.

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