OK, this question is not as dumb as it first sounds.
Like everyone else, I spec'd up a nice one on the LR configurator and ended up over £62K with ease.
My question is this:
You see thousands of new LR products on the roads, especially RR Sports, RRs and soon the D5, yet what I don't understand is where people are getting finance deals that make it in any way affordable.
With LR finance you're looking at £750-£1500 a month, depending on your deposit, mileage and months.
That's a second mortgage payment every month, and even then, at the end, you still don't own it!
In Burnley its definitely drug dealing.You can do an NVQ in it at Burnley college
29th Sep 2016 4:13 pm
Bill Wright
Member Since: 03 Nov 2007
Location: Glorious Devon
Posts: 3254
The versions with the darkened windows are the most likely culprits Never take life too seriously. Nobody gets out alive anyway.
D4 SDV6 SE Tech Kaikoura Stone MY15.
29th Sep 2016 4:24 pm
RDR
Member Since: 24 Mar 2013
Location: Derbyshire
Posts: 2260
Re: How to buy one
RRUK wrote:
How do people make the figures work?
man maths
fact is a 65k plus interest is 70 odd thousand pounds and any finance deal has to present a plan to some how pay that off in 2-4 years so its gonna hurt no matter who you go with. LR finance can be pretty good with incentives MY06 S - Gone but not forgotten
MY12 HSE - Gone
MY16 HSE Luxury - Sold
MY20 D5 HSE - Sold
Current RR L460 PHEV
29th Sep 2016 4:43 pm
DG Site Moderator
Member Since: 12 Dec 2005
Location: The Gaff
Posts: 50978
Maybe look at it this way ... you are getting a £70k motor but only paying around a 1/3 of that over 3 years then handing it back for a new one on the same terms ...therefore after 9 years you will have had 3 new motors always covered by warranty for the price of one new one. Don't get bogged down in 'owning it' unless you want to keep it long term and run it into the ground.21 year LR veteran > D2 GS 2003 > D3 S 2006 > D3 HSE 2009 > D4 HSE 2013 > D4 HSE 2015 > D5 HSE 2018 > DS HSE R-Dynamic P300e 2021
29th Sep 2016 4:50 pm
RDR
Member Since: 24 Mar 2013
Location: Derbyshire
Posts: 2260
spot on DG. Said it before on here, personally i just see my monthly finance as a car subscription and always change before I own it. Sometimes I have to put hardly anything into the next one i just hand the keys back and take a new one MY06 S - Gone but not forgotten
MY12 HSE - Gone
MY16 HSE Luxury - Sold
MY20 D5 HSE - Sold
Current RR L460 PHEV
29th Sep 2016 4:55 pm
Moo D3 Decade
Member Since: 13 Aug 2010
Location: UK
Posts: 14388
I just bought mine outright, but it was always the intention to keep it, however, we lease all our other vehicles over two years.New Defender L663 110 SE (known as Noddy!)
Sold Volvo XC90 R-Design (known as Basil)
Sold - D4 HSE (Known as Gerty)
No longer the Old Buses original owner
231,000 miles and counting
05 S manual owned from March 2005
D4 Face lifted
Still original injectors and turbo
V8 Front brakes
BAS Remap, Allisport Intercooler and deCat
EGRs blanked
T-Max split charge
Hanibal Expeedition rack
Prospeed ladder
Duratrac tyres
IID BT
BAS FBH control
29th Sep 2016 5:03 pm
J77
Member Since: 03 Mar 2008
Location: Fife
Posts: 6270
Pretty much as RDR says, I'm an LR addict, I've been looking at other cars but always find a way to justify the price. I don't have a wife so that's one obstacle out the way 23.5MY Defender 90 X-Dynamic SE D250 MHEV Pangea Green
29th Sep 2016 5:06 pm
RDR
Member Since: 24 Mar 2013
Location: Derbyshire
Posts: 2260
Technically no wife but a SWMBO of 20 years, 3 kids, 3 dogs, horse, cats, chickens, countless small fury things its a lot of mouths to feed :blu:
some how i still manage to justify the permagrin
I thought about buying my current one outright but at a list of £65k I've put that money to much more profitable use than the saving of 6.7% interest or what ever it was. Swings and round about and definitely down to personal circumstances.MY06 S - Gone but not forgotten
MY12 HSE - Gone
MY16 HSE Luxury - Sold
MY20 D5 HSE - Sold
Current RR L460 PHEV
29th Sep 2016 5:38 pm
Aguesty1
Member Since: 21 Feb 2016
Location: Clitheroe
Posts: 330
Aerialmark wrote:
In Burnley its definitely drug dealing.You can do an NVQ in it at Burnley college
Definitely
Nice looking college though, I was part of the 2 year build! That wasn't in the prospectus when they advertised it though!
29th Sep 2016 8:06 pm
sacimiddx
Member Since: 09 Mar 2007
Location: hants
Posts: 2144
Perspective
A 76k FFRR cost you 48k over 35 months (LR pcp figures)
A 1/3rd of 76 is is 25 - bit if a difference there then
Without price rises that's 144k over 9 years
That's the cost over having a new 76k car every 3 years
Gotta love left wing maths (ppi anyone)Illegitimi Non Carborundum
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