THE RANGE ROVER BUBBLE HAS OFFICIALLY BURST..and the fall out will be vast!!!
ฝัง
- เผยแพร่เมื่อ 15 มิ.ย. 2024
- Hey everyone, whilst I appreciate I'm probably somewhat late to this party, after a recent trip to Manheim car auctions I was left with no other choice but to make a quick video about the sheer number of Range Rovers being sold/part exchanged at the moment. Im sure we all thought this may happen, but seeing this in the flesh confirms the huge shift in buying behaviour we are currently experiencing. My apologies if the quality is a bit poor, I wasn't microphone armed for this one but hope you enjoy it.
As always we appreciate the support, see you all on the next one.
Kev and Claire. VP - ยานยนต์และพาหนะ
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I'm an Englishman who has been driving Land Rovers products for over twenty years and can honestly say there is no place more comfortable to be.... ....whilst waiting for a tow truck!"
Funny😂
More bollox...
We play the “who’s on the hard shoulder today” on our daily M25 grind. Apart from the inevitable TVRs driven by old men, the second most popular car is the Range Rover driven by people who don’t understand why their expensive/quality car has broken down. 😂
Utter bollox.....@@despoticmusic
@@originalforgery Don’t be so harsh on Range Rovers. Sure, I agree they’re not great, but “utter bollox” is going a bit far.
A few years ago me and my wife were searching for her new car. She wanted Range Rover I wanted a g wagon. She won and I got her a top spec SVR. Well this thing was constantly going wrong. The last time it got taken back to the dealership on a lo loader broke down. A few days later it was dropped back to our house all fixed. We never went out in it because friends were picking us up that evening for a get together. Later that night we returned home in taxi and noticed the Range Rover was not there. We went inside the house to find out we’re had been burgled and they had taken the keys to the svr. We reported it all to the police. They found the svr less than a mile down the road broke down. Insurance payed out and we now have a g wagon which has not missed a beat. They are all up for sale because they are crap and ultra unreliable.
😂😂😂😂😂😂😂😂😂😂😂😂Chris that's absolutely hilarious...made my night......very much not the part of you guys getting broken into....thats beyond horrible....but the fact the SVR broke down on their get away drive 🤪🤪🤪🤪If nothing else was taken from your house, and no damage done, id say they did you a massive favour 👍👍👍👍👍👍👍👍Whilst I cant afford to own one and probably never will be able to, id never ever buy an SVR, I'll continue admiring from afar 👍👍👍👍
Out of curiosity- why did insurance pay out if the car was recovered?
@@GlasgowBhoyasking the important questions!
But there is no beating the sound of an svr though
@@mohammedusman7065 nothing beats that 2 mpg either 🤣
As others have mentioned, the point is that a good percentage of ppl who buy these cars actually DONT have plenty of money & it wouldnt take very much for them to be left in a situation of no longer being able to afford them
Spot on 👍
Completely agree Neil.....the funny thing is....im sort of one of them with Claire my partner having one 🤦♂️🤦♂️🤦♂️🤦♂️🥴🥴🥴🥴🤪🤪🤪🤪
@@VisionPrestigeCars I saw another channel last week: brought his wife a RR Sport 104K for £7K 18mths ago - Now it's done 124k and books at £3.6.. och
After 18years working at a Landover main dealership I'll never be out of a job . Customers get a Hugh shock at the cost of repair bills .Never buy one without a decent warranty.
You need the price paid again for alm the repairs ad most require a complete strip down. Especially the “cheap part” which require nearly the whole cabin taken out to fix !!
Fascinating ! A two year old privately owned Taycan EV that cost £120,000 is now worth £40,000 to WBAC according to Lee Macmaster on his channel and that means it has depreciated at £770 per WEEK ! Oh and his back tyres last about 11,000 miles and cost £300 each so who's going to buy one of those cars second hand....and a new battery is currently £40,000 !!!!!
You've just narrated a horror movie. 😄
Still got 6 years warranty left on the battery and if you buy through a limited company then you can write off 18% of the cost each year tax free. Seems like an absolute bargain to me.
@@bufan21- 😂😂😂😂😂
You’re funny
First service on the Macmaster Taycan EV if I remember correctly was £1500 which included two tyres. But you get a coffee and biscuits while you wait.🤣
Glad I bought a Tesla. 25k in, original set of tyres and no service. Still 6 years warranty on the battery too. Business lease is up next year so get a new one at 100% loss against the company. Saves about 10k CT
A big issue with the land rovers, is that the insurance is going through the roof for them - with the theft of them so high, its only models from 2022 that will be getting the security recall
JLR have said they will do a software update on all 2018+ vehicles
Security upgrade won’t fix the poor reliability issue 😂
Lol class action b1tchez 🤘
2018 onwards and it’s only really London we’re there REALLY having insurance problems. Not saying other “ dodgy “ areas aren’t also but although prices are going up they’re still insurance. My L405 has only increased by £100 🤷♂️
Range Rover Range Rover
I can see Paul Whitehouse walking around saying “Aren’t Range Rovers brilliant!” 👍👍
Suits you Sir!
In't fishin brilliant 😂
SUIT YOU SIR....... OOOH.
Interestingly, Matt from High Peak, Jeremy Clarkson & Harry Metcalfe all Drive and recommend Range Rovers...
@@originalforgery probably given to them for free to promote the brand via their high public profiles.
I had a Range Rover Sport (lovely vehicle) but sadly with the increase in Insurance, high tax and servicing costs it became too expensive to keep.
Original forgery no need to be upset loads of people make the mistake of buying range rovers dont be a cry baby
Ive just done an insurance quote for a 2019 Vogue Autobiography i plucked off ebay. Where I am in central Scotland, my quote was £1300. I then picked a random street in Chelsea and done a quote for that address. Compare the market cant even get a quote for it. Not one insurer will touch a RR in London 😂
I did the same the other day for a Discovery and a RR Sport in North East Scotland. Similar figures on Saga (guess the demographic😂) but managed to get it down to around £850 using a comparison website. I was also surprised by BMW X5 quotes, as they too were high for a 50 something clean license quote.
Part of the reason is so many getting stolen and increased insurance costs, another reason is people who are buying them can’t afford to maintain them , trying to run a champagne vehicle on a lemonade budget.
I have just paid £2199 insurance for a Range Rover I purchased for £2500. With the tax added, the insurance and tax are worth more than the value of the car. I have lerant the lesson about buring a poorly looked after Range Rover as I am nearly £13 000 in and there are still loads of items wrong.
@@makonimotors this happens so often and unfortunately the next owner is hit with big bills to repair then they get a bad reputation. Are you going to keep it ?
Spot on...👍
Cider budget, nah lemonade.
Correct. Two cars on the drive and nothing in the fridge.
90 range rover per day being stolen in London, they are now uninsurable; in other counties, they are saying they won't insure it unless it is parked in your garage. Quote from Tom Hartley, car dealer: "The easiest car in the world to nick, and in fact you can't get one insured in London now, is a Range Rover. They won't insure it. A policeman told me when he came round to my house... 120 cars a day in Mayfair, South Kensington, Knightsbridge, Chelsea and Central get stolen. And 75 per cent of them are Range Rovers."
that's a brilliant mis-spell. The one in Luton definitely sparked a garage.
Good luck fitting one in an English garage
@@shanedusautoy5258Fit fine in mine :).
Actually its 91 per day 😂😂😂
@@gingerjacaranda Tom Hartley car dealer
I bought a used Lexus and I don't care how much it depreciates because I enjoy driving it and have no plans on selling it. Obviously you cannot do this with cars that fall apart as soon as warranty expires.
The newer Lexus RXs and NXs suffer from the same 'very easy to nick thanks to stupid CANBUS ddesign' problem as the Range Rovers - get it to the dealer and get it sorted
Lexus are not depreciating as RR,they are holding price.
A 2012 450H with medium to low miles won't go for less than £10.000.
Lexus are long-term holds,and are not expensive to run (long term)keep hold of it I'm running a GS300h
@mechatankzilla4733 I believe parts costs/availability is one of the reasons they get stolen. If they weren't so unreliable there wouldn't be a huge demand for parts.
@@garlicnaan1I've owned over 100 cars, the GS was the best car I ever owned
It’s more a reflection on the fact that people buy or lease cars they can’t afford & end up losing them. If you have a Ford Focus budget then don’t delude yourself that you can choose to drive a Porsche, or a Range Rover.
If you can't afford a car on HP, then you cant afford it. PCP has made once premium cars the norm
Why would you..,Stupid comment
Most will just be at the end of their lease period….i would only ever run a Range Rover brand new, on lease with full warranty…..end of lease and warranty goodbye…….get another one.
👍👏👏👏
@@andrewjackson8089 The depreciation on new RRs far outweighs the cost or repairs on older ones. By multiples. That is a false economy based on fear.
There were as many Audi BMW and Mercedes cars there. It's all the 'premium' motors, bought (rented) by the fake rich, now out of warranty going through the auction. As you say, was always going to happen.
The reasons why JLRs are being dropped like a stone:
1. It's not possible to insure them in London due to the high theft rates (90 per day). Owners in other cities are getting five figure insurance quotes.
2. Interest rates on car loans are extemely high meaning that these cars are no longer within reach for even upper middle class folks.
3. The cost of living crisis is starting to take hold.
4. These cars are no longer beautiful and desirable. They don't have the old LR aesthetic.
5. LRs have always been unreliable but the models released over the last 7 years or so are unbelievably bad.
Years ago, I found my perfect car. A Peugeot 205 1.9 GTI. I still have it to this day. I paid for it in cash, if things go wrong they are cheap to fix and easy to work on. Today's cars are a total nightmare, expensive to buy or lease, unreliable, £50+ to plug in the diagnostics machine before they even start to work on it, parts always on back order so you have to borrow or lease a car until it's fixed. When a new(ish) car has a serious fault, no-one wants to know and they tell you it's had it, scrap it. People seem to want to show they have a champagne lifestyle on a lemonade budget, it all unfolds quickly once a big bill comes in 😔
You know what, depending on how long ago you bought that cool little Pug 205 you're laughing as im sure you know. One of the very few out there that have cars going up in value rather than down 👍👍👍I had a 1.6GTI back in the day whilst my heavily modded Escort RS Turbo was in winter storage.....I abbbsssoolluuttely loved that little car, shocking build quality but so much fun, raced everyone in that thing and had fun even when I lost 🤪🤪🤪Cheers for that comment bud, good times 👍👍all the best👍👍👍
205 interior is bloody awful that is not the answer
as you walked around I also noticed an awful lot of BMW's
It’s a similar story with the aspirational working classes feeling the pinch and plastic parts in the engines breaking, with insurance quotes going up like mad!
The small engine stuff is still holding its money pretty well
He should do O.K. with that Audi A1.
The prices on the RR have been massively over inflated. They need to drop a lot lower before they are worth a consideration. The market is reflecting the situation.
They’re not inflated if that’s what people are willing to pay.
They are not inflated, they have very expensive parts. I bought a broken down Range Rover for £2500 in April and am now nearly £13 000 in repars and costs, since buying the car, mayn of the parts are not necessarily from the main dealer but cst an absolute fortune
@@makonimotors You need to find a better garage. They are taking you for a ride.
More Jackanory.....@@makonimotors
Ulez, high insurance, tax, running costs and squeaky bum time for an owner with large finance payments, equal's trade the range rover in for a cheaper car ! it's a strange market out there for sure! The A1 looks lovely, nice stock for you Kev👍
I had a minor collusion with a Range River, wrote my car off but only a minor scuff in the other but it was a hire car and they demanded a new bumper assembled ky and the car was out of service for weeks costing the my insurance thousands!
Just a guess but i reckon 90% of folks who buy Range Rovers can’t actually afford them in the first place😂 mortgage gone up oh dear the kids can walk to school 😂
I don't know why so many people make these kind of remarks. Is it because you can't afford a Range Rover?
I think it's the people getting out of them in droves who can't afford them.
@@duncanmacleod7283
Perhaps it's because its true?
Since RRs were 1st built way back, they have NEVER been out of the top 10 list of most unreliable vehicles.
In short, they're crap.
@@duncanmacleod7283Beacause it's probably closer to the truth than you realise.
Hi Kev and Claire 😃I had a Freelander ( working mans Land Rover) and I got taught a valuable lesson NEVER BUY ANOTHER LAND ROVER 😃 Broken rear diff oil leaks from every orifice but the worst thing for me was the drivers seat had no hight adjustment so my head was in the sunroof gap in the roof. I was laughing so loud when you were walking around the auction car park Kev my wife Hilda asked me what was so funny I forgot I had my ear pods in 😂😂 I noticed a few good looking BMWs there Kev I was surprised you just walked past them. Thanks for the walk around Kev keep smiling 😃 Tom
Hey Tom, glad you liked that one, lots of stories on here from LR and RR owners, its been mad 🤪🤪🤪🤪I had to stop myself a little, not sure its the right time of year to be stocking only BMW's but that silver convertible had me extremely tempted 🤪🤪🤪All the best to you and yours Tom 👍👍👍👍
The original Land Rover was a tank on wheels, had one many years ago as a company vehicle, never failed, went through everything, could pull anything and so manoeuvrable
Definitely a car you buy with your heart. You would never buy a Range Rover with your head.
Emotions don't pay the mortgage
i have just come into some cash and always wanted one should i
@@grahamgazheads9739 we have an old range rover sport, love the car and the way it holds the road. We had the turbo's done and decided to keep the car till it dies. We have had a new gearbox along with numerous other repairs and everything has cost a fortune. We don't use main dealers, we use T & S Norman in Shepton Mallet, we should have said goodbye to the car when the turbo's went, stupid us!!, but its still a lovely drive and no other car compares...till they break down. Spend your money wisely
@grahamgazheads9739 If you got the money to fix ASAP as soon as failures come in and don't mind paying out for the cost of ownership then go for it.
If you wanna be smart with money and make your money stretch cus we living in hard times buy a Lexus 😂
@@grahamgazheads9739 Both my sisters bought new Land Rovers. After a £17,000 repair (covered by warranty fortunately) the Discovery was replaced with a Skoda Kodiaq. The other had so many breakdowns she changed her Freelander for a Suzuki Vitara. Both live in rural areas where mud tracks are sometimes encountered and want 4 wheel drive vehicles.
However, if money was no object I would LEASE a new Range Rover tomorrow.
If you live in London and have a Range Rover, no insurance company will insure you because of how easy it is to steal them. So people are getting rid.
Keep an eye on how many EVs start going to auction. I reckon they'll increase in number
I totally agree👌👌
Yes, I know someone has lost 80k in under 4years on a Tesla 😂
@@andrewcairns7719 wow!
Where are they gonna store them? You Know how those things like to spontaneously combust as it is. I doubt they'd even risk it for a biscuit Reg!
Not long before they are banned from ferries and euro tunnel, oh and airport car parks 😂
Always get worried when you see a E46 M3 in an auction, you just know someones off loading it.. great cars though and going up in price very quickly
@leonwiddicombe8947 I would only buy one from abroad, too many of them are filled with rust and sold as a rare car
Not with every idiot excepting wbac terrible offers on them
Never understood the attraction of them. For cars that are supposed to drive anywhere they seem to break down on plain old road far too often
Absolute bollocks
I hate it when people rev up cars when they are cold. I totally agree, no need for that! Point is that it`s about time that auctions allow the public back, that might increase prices. Only a few years back, Jardines would have bought all those Land/Range Rovers and put them back through their dealer network as trade ins. It`s fair to say that RR`s are pretty crap motors but with the negative attitudes against EV and hybrids, people dont want them and Jardines have too many in stock.
The ingenium 2L diesels going pop every 5 minutes didn't help much either..
Having said 'There's another Range Rover' umpteen times, I think we've got
the message, lol. Still, good info video, all big SUV's are suffering badly.
The EcoSport at 2:00 ish is just the 1.5 TDCi (great engine) with a driver that has hideous clutch control.
Jag/landrover have had a load of bad press recently, catching fire, crap build quality, getting nicked,tons of them stuck at dealers awaiting parts on back order, overpriced, unreliable crap most of them,plus throw the cost of living into the mix
Toyota Land Cruiser, boom. Say no more.
Might the depressed prices have something to do with the unreliability and easily stolen data we keep seeing ? How many of these RRs were stolen/recovered for example ?
My bosses,whose floors I clean,used to love the RRs particularly the really expensive ones but they spent a lot of time on the back of lowloaders being taken back to the dealers in Chelsea.Now they are driving Bentleys to the cottage at the weekends as they don't want to be stuck on Sunday on the way back into town.
1st world problems
JLR need to resolve the security issues to calm the insurance premium market in these vehicles. Nobody is going to buy them if you cant insure it. The parts availability issues are making these cars an easy target for chop shops.
Done.. premiums coming back down now
I wonder what the result would be if another make was chosen, instead of 'range rover' ?
I would venture to suggest that ULEZ is the main culprit as there are plenty of Range Rovers from 2013-2016 that are Euro 5 and would be the bulk of the Range Rovers you are displaying. The 4.4 TDV8 Range Rover from 2009 has exactly the same engine as the SDV8 that was discontinued from 2022 so this is the main problem selling these cars. Range Rover should offer to upgrade the Euro 5 models to Euro 6 or publish the engine update to the SDV8 on how to improve the emissions and watch the price and sales of these cars pick up.
Good video that kev just goes to show that everyone is getting hit buy these tought times
I love my Range Rover. People feeling the pinch which is totally understandable. However they are the number 1 most stolen car in the UK, mostly the Sport. The major issue is insurance, premiums have trippled!
4.50 that's on point!!! Film how much there going through the auction for, I'd love to see how they compare to the advertised prices as they've not dropped much
Cheaper yes , still not bargain prices and whatever they go for at auction I don’t think it’s being reflected in the forecourt prices yet. They have been overpriced for a while and still remain overpriced. insurance is stupid also. Friend of mine chopped in his F Pace for a Velar , £400 to insure the F Pace and £1200 the Velar and his existing insurers turned him down.
As Matt fae High Peak says, you need a healthy emergency fund when buying and running Range Rovers etc as they aint cheap when things go wrong.
I wonder what Matt's take would be on this vid!
Prices have fallen through the floor on the used models, probably because of the insurance issue. Don't know why they complicate the issue, just offer to remove keyless module and give a certificate for insurance.
I've been looking at upgrading mine, and I've watched several drop. We're talking £5,000-10,000 depending on model (full size Range Rover, 2017-2020 models). They need to keep coming down though.
Had the function removed on mine by dealer, insurance company accepted it
Hi Kevin. I've just stumbled upon your channel. It's very enjoyable. Thank you. I live just up the way from you, near Halesworth. Best of luck.
Welcome to the channel Elliot, appreciate the support 👍👍👍Nice one.
The rapid depreciation appears to be linked to the theft epidemic. My guess is that JLR will get on top of that and also all will end up with Cat 5S trackers and ghost immobilisers as an insurance stipulation. They'll stop getting nicked and the prices will stabilise. Good time to buy.
Yes the thefts don't help and also living cost.Everyone that owns one is just realising the numbers are just not there anymore😂the roof over there head is priority now.JLR won't get on top of this they are only dealing with 22 and onwards models it's up to the individuals with early models what they wanna do JLR don't want anything to do with this.😂
The whole SUV bubble has burst, and JLR will feel it hardest.
Another who's never bought one....@@BruceWayne-sz3th
...but they'll still be extremely unreliable.
No worse than anything else.....@@michaelwittmann2644
It's all the lease cars coming to market when those that CANNOT afford them (never could) are no longer affordable as everyone has maxed their mortgages..
That’s because most folk who buy them see one thing and one thing only and it’s a monthly finance cost. They don’t factor in any other cost of ownership. Servicing, tyres, fuel, common issue fixes and wear and tear. It’s quite common in the UK now. Living beyond your means is fashionable.
Very very true!
Great video
As an ex car dealer living in Spain brings back fond memories 😊.
Range Rovers hugely overpriced with too much baggage right now.
An ex car dealer living in Spain......sounds good to me....where do I sign 👍👍🤪🤪🤪
New subscriber, loved this off-the-cuff video, looking forward to more👌
Thanks bud, welcome to the channel 👍👍👍
Half of those "range rovers" were discovery/discovery sport!
Exactly apparently the worst one
@@mikeowen1192two people I work with have/had the Discovery Sports. Both have had engine failures. One got lucky while in warranty the other one cost near £3K to repair out of warranty. The one that died in warranty was traded in for a RR Evoque when it’s warranty was up…I’d have ditched JLR completely had it been me😂
As per others - its not just expensive to insure one now, most will not even insure you in one. Buying new? Land Rover/Range Rover will arrange insurance for the first year, but advise they cannot continue beyond that. The steal rate is through the roof which is what is causing this, wherever you park it you are lucky to find it in the same place when you get back. Invariably its nicked, parked - rear interior ripped out looking for the JLR tracker, then left to sit for several days till they return to finalise the deed.
Very few people can afford to buy one of these outright, so a massive percentage of people have these vehicles on finance. Now I'm not a poor man by any means but there is no way in hell, I'd pay finance on a car like the Range Rover. Just unbelievably expensive on every front. Monthly payments, insurance is absolutely stratospheric & running costs are just as bad from what I gather. Unreliability & Range Rover seem to go hand in hand. I wouldn't go anywhere near these vehicles. For those people who have one of these, good luck.
Most of those are'nt "Range Rovers" as far as I am concerned. My 2007 3.6 TDV8 L322 is. I love it. I regularly service it and it was only £ 4000 a few years back. It is work and leisure vehicle and still superb in every way to drive considering it is 17 years old,
Road tax on some of these cars is 600 - 1500 pounds, then the insurance then the MPG all effect big motors!
Really enjoy we catch ups like this one ! Great video .. is it maybe to do with apr rates on pcp deals which most of these vehicles would be purchased on inflating monthly’s etc so get rid
Is it bad the only car that piqued my interest was the silver E46 M3? :D If anyone has access to that Manheim auction I'd love to know what it sold for.
Not at all mate, that E46 is the only real car persons car in that whole auction.......the weird thing is they cant sell it 🥴🥴🥴I haven't even looked at it assuming its got a cracked subframe mount or rattling bottom end 🤪🤪🤪🤪
Had several. Never a problem end nothing matches it for comfort
A lot of the windscreens are coming loose on the Evoques I’ve done loads.
£17500 for that Disco 5 is mental. I’m not in the sales side of the trade but i’ve never seen one that cheap. I used to work at a JLR dealer a year or so back and some of the RR prices were unreal. Like telephone numbers. Be interesting to see where the ‘not a banger/daily driver’ market ends up.
It’s all down to status anxiety. These people are insecure and are driven to pay through the nose for more car than they really need. And continue to pay through the nose in terms of insurance, tax, fuel and maintenance. Why? To make themselves feel better about themselves. Therapy is cheaper.
Keeping up with the Jones
Tend to be a type of person that buys them and a type of person that slates them. I’m a buyer and certainly nothing to do with status. Always wanted one so when I could afford one i bought one. Had a few issues but when looked after not that bad in all honesty. You might say why buy one and my answer is cos I can. I might say why would somebody buy a BMW or an Audi. I don’t rate them but each to their own. Jealousy also plays a huge part in people’s comments whether it’s admitted or not. Their is no other reason to skate them really
I like this guy, he's nice and sane, so much crazy crap on yt.
Appreciate that Mark.....probably more than you know 👍👍👊👊Kev.
What happens to EV’s in auction houses, they have now have now to bd isolated and could explode in front of the Auction rostrum or has nobody thought if that, a mobile torch gun on wheels !!
I live at Gt.Bentley nearby , wow that place has expanded and there's a reason why all those rr are there.
People can't afford the payments anymore , and unfortunately they're not built too well.
Very interesting video , I remember it being just 2 lanes to the auction.
I've seen several Range Rovers and Ford Rangers etc. (good ones with clean Checkpoints and good NAMA) go through Manheim actually going 'On-Sale' up to £8000 below Cap-Clean, things are definitely crazy ATM .
There definitely seems to be an off-loading of the big fuel hungry SUVs currently either through finance repo's, people not wanting the high fuel costs and trading in or maybe even ULEZ being factors. Hard for dealers to take the risk and pick-up these bargains since you may end up having to sit on them for a while or the market goes even lower and what's a bargain today maybe a loss when you eventually find a buyer.
Getting a buyer up-front maybe the only way to cash-in.
Whilst I like the design of Range Rovers, I don't get their high prices. As they are always in the top 10 most unreliable and top 10 most stolen. About time they dropped their over inflated prices a bit further.
Hi kev loving the car auction fella keep up with great content cheers jerry 👍
Cheers Jerry appreciate that mate 👍👍👍All the best.
To be fair, there were a lot of BMW's & Mercedes bling in there too. There's nothing wrong with the cars. It's just people can't afford the finance anymore. House prices are dropping too.
Sky high fuel prices, cost of living, high interest rates, reliability issues, expensive repairs outside of warranty, high road tax, shall I go on.
Finance repos.. Most Range Rover owners have no money and finance the things to pretend they have money,, hence the car markets in for some interesting times.
I love the look of RR and how they drive, but after buying a low mileage (vogue autobiography) 1 owner ) living with it was horrific reliability, even after getting it appraised at RR before purchase it had multiple problems with electrics, DPF Filter, parking brake, then callipers etc etc - after 15 months £6k of costs and 8 weeks in total off the road and only done 4000 miles - i had to agree that each morning I wondered what’s going to be next, and had to be rid of it. 😢
That's a mad story Darren that ive heard just too many times to not be the norm with the JLR brand. Its unfortunate I agree, I also love the look and the drive of these things but wondering if every journey is going to result in a breakdown situation just isn't live withable (I know that's not a word but it should be) 🤪🤪🤪🤪
That's why they're called "off-road vehicles".
A couple of years back Audi recalled over a million cars....
I bet they're fantastic though (BMW did the same)@@VisionPrestigeCars
Maybe it's because there so easy to pinch,so insurance premiums have gone through the roof, apparently 93 get stolen everyday in London.😮
What were the fees ontop of the provisional hammer prices? Once added it should close the gap a bit.
Add around £500
Yeah about £500 depending on account type 👍👍
Hi Kev. Wow Range River's falling from the Sky lol. Nice Shogun. They must be a load of Repos Kev. Lovely Breakfast roll yum yum. That's a nice little Audi you just bought bro 😅 🇨🇮🇨🇮
Hi Liam, the Audi is good as gold 👌👌result 🤪🤪not as good as that breakfast baguette though 😃😃😃Nice one Liam 👍👍👍
@@VisionPrestigeCars Nice one Kev. Great colour on the Audi. Well done Mate
Could it be that webuyanycar are dumping all their high value cars to cut their losses?
I miss the Auction buzz and fond memories of BCA Enfield/Nottingham and Peterborough.
Top Car sales etc.
Back in the early 2000s we were still buying a lot in the Trade but those days have mostly gone now.
Bunging the used car managers etc 😊
It’s the status symbol brigade buying cars that they can’t afford instead of buying a affordable runabout
Well spotted! Huge bubble has burst. Have you seen how many 2023 Land Rover products are on AutoTrader? Almost 2,000..... twice as many as 2023 Volvos. The same as Merc with a fraction of the range. Almost 550 of those 2023 vehicles are Sports..... We estimate that model has been losing £3-4,000 a week since late October. OUCH!
😱😱So even the ones with the most manufacturers warranty aren't selling which takes out the reliability worries on purchase as they will/should be fixed for free 🥴🥴🥴🥴🥴🥴now that's a real concern right there 😩😩😩
@@VisionPrestigeCars Buttttt..... you can't get the parts to repair them! 10K off the road at the moment.
However..... if you want to do some legwork, my bet is that 18 months to 30 month old cars might be worth more dismantled.... You heard it here!!
P.S. Until I got bored, I spent 25 years with them with the last 9 as a Director. I'm gutted that they make a bit of progress and them shoot themselves in both feet regularly. The parts issue is an utter disgrace and worse than anything Bojo could have delivered!!
I've heard of insurance premiums jumping from £600 to £2000+ in one year. Insane
Same for Teslas I hear.
Insurance companies take the Pi*#
not insane, just acknowledging what a liability these are, especially as most owners can't drive.
£2200 last year for my mate this year they quoted £15000
What’s so surprising about it.. it’s well documented that Range Rovers are so unreliable and service parts are so expensive. Also people that buy these vehicles can’t actually afford them. Moreover it’s owned by a company which are not known for producing quality cars just taking your money.
I just traded a 05 lr3 (disco 3) and now have a lr4 (disco 4) . I love these damn things ! The 3 had 256 k on on it before I couldn’t stomach putting anymore in it . Typical cooling system issues . My 11 disco 4 only has 72k on it . I would love a d90 with a 5.0 !
Higher end cars are definitely dropping in price. Plus Range Rovers are hard to insure these days!
Completely agree bud, just had a 26 year old girlie put I deposit on a 13 plate Evoque from another car dealer near me and they wanted £9,000 to insure it, lucky for me she came and bought my Alpine white X1 👍👍👍👍👍👍👍👍👍👍👍
This applies to all JLR products, they are the most stolen cars in the uk . No one wants to insure them either ( ive been on the blower all day trying to get cover on a new one, going to have to cancel my order)
Interest rates on finance are putting people out of them now also pcp deals not wot they were 3/4 yr ago
@@VisionPrestigeCars That's crazy, £9k to insure a car! Glad it turned into a sale for you 👍🏼
@@Bikeaddict4235 What a crazy world we live in! Can't get insurance on cars we want to drive and enjoy!
Right sorry but you're wrong, There was 2 maybe 3 range rovers the rest were discovery's evoques or velars they have all been very common through auctions since they came out I know this because I work in one
I live in a place where repairing cars
is steady and predictable except for
a buisness that specialises in land
rover range rover, it is surrounded
by dozens of them, everywhere,
waiting to be fixed. That tells me
a lot.
Listening to this reminds me of taking my 3 year old out and him spotting a Range Rover, less is more my friend, less is more!!
Everyone waking up to the fact the crankshafts are made by Cadbury.
dark or milk choco
@@josephberrie9550 the cheapest 👍
@@josephberrie9550 White!
You try and insure one in the UK see what the premium comes back at. OMG you can't insure them unless your willing to pay
I got a quote on a random Evoque on Auto Trader best quote with limited mileage was £405 Esure
I got quoted as a new driver 8 grand upfront for the year insurance and i really wanted one but im not doing that.
Your not alone bud, we just had a 26 year old girlie come to us and buy a white 2013 X1 as the 2013 white Evoque she put a deposit on elsewhere was going to cost her £9,000 to insure........Then you get the news that JLR have pulled their own insurance policy because they cant get anyone to underwrite it 🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️They are in a right muddle 🤪🤪🤪
Interesting video, thanks for making it and sharing. Just subscribed.
That 10.900 Disco is worth €37K in Ireland.
Prices in Ireland are completely mad across the pond mate.
Really????? Feel like we need to start some sort of exporting company 🤪🤪🤪🤪🤪🤪
@@VisionPrestigeCars NI might be possible, no idea what the paperwork to Eire would be like these days. It could be so onerous that it's the cause of short supply and increase in price.
Here Mickey, you Irish need to stand up and claim your country back. Dublin looks like downtown Nigeria
@@VisionPrestigeCars There's a 2016 Disco Sport TD4 with 77k miles advertised here in Dublin for €26k (£22,700) - It's crazy. You could buy a brand new Duster for that.
@@VisionPrestigeCars those lovely days are over thanks to Brexit because if I bought this for £10900, I would have to pay around €17k VRT (vehicle Registration Tax) on it and plus10% vat too.. it is really painful to see that the car I can easily afford in the UK, cannot in Ireland.
New house, fancy wife and fancy cars dont mix.
A frivolous wife, is there any other type nowadays?
Could it have something to do with the fact you can’t get them insured anymore because they are the easiest car in the Uk to steal
I bought a used disco sport with came with a 22 month LR Warranty ( fortunately). In the first 3 months after delivery it spend about 8 weeks in the repair shop. I lost patience and confidence in the car and got rid soon after. Now have a brilliant Fiat 500X, zero days in the repair shop after 12 months.
Thats mad David what a difference, Disco sport to a Fiat 500X, thats truly a good example of how fed up you got with the Disco 😊😊😊👍👍👍
They have completely ruined Range Rover its f£&ked from 1971 to 2005 you could only buy a full size Range Rover a Range Rover l322 being the best they ever made .. and the product lost its identity.. and exclusivity.. evoque velar.. sport and full size it’s not needed .. there reliability is absolutely shocking they are doing engines .. with no warning bang dead …they are junk they look a premium product .. well all that glitters isn’t gold.
Except for those who actually need 4WD capability and plenty of space (farmers, surveyors etc) I reckon a lot of Range Rovers have been bought as fashion accessories. These buyers want the latest specification and registration so they chop them in once they are a couple of years old hence the churn. JLR have been on the decline since Mrs Beckham started designing for them and they introduced joke models like the Evoque Convertible
The wife’s after a BMW 1 series or Merc A Class. Is she better off waiting? Do you think prices going to drop much more for more prestige stuff.
That's a hard one to answer at the minute Chris, Post 2016 diesels (ULEZ compliant) are still doing ok at auction at the moment, petrols are doing even better, if I was buying now, id be buying a really rare high spec model and negotiate the price on it, cars like that will always be desirable and maintain value as well as anything 👍👍👍👍
I wonder how much that Prius+ behind the first Range Rover went for. Last I gave up trying to buy a Prius as anything decent cost more than it did new.
They do make good money for sure, its because the Taxi drivers love them so much 👍👍
Kev, by Range Rover you mean all Land drover product I assume?
A close friend here in Australia is an independent Landrover specialist, he has about a dozen ‘dead’ ones at his shop. All with ASTRONOMICAL repair estimates. Scary indeed
Yeah mate, came to the conclusion that all JLR products are the same so just rolls of the tongue easier to say Range Rover.....the die hard Land Rover fans......and Original Range Rover fans will hate that ive done that.....but theres no getting away from the fact they are all the same product!! It's mad that it's exactly the same where you are 😳😳😳😳JLR are screwed!!!
Funny I've had 3 LRs with no problems. Our LR4 SC V6 has been brilliant. Bought it cheap because of the LR phobia in Aus. Cost 31kAu$, insured for 49k now. Keep taking them down cause I'm looking for a RR!
I really want that m3. They are going up big time. I wonder if the rear end has split.
Ha!!Matt, I think what you mean to say is, You wonder if its been repaired or needs repairing 🤪🤪🤪The question of has it split has to be an obvious one 🤪🤪🤪🤪🤪🤪
@@VisionPrestigeCars🤪🤪🤪
Will probably want a set of rod bearings too😂
Gareth knows his stuff 👍👍👍
Interesting update, thanks.
No worries 👍👍👍👍👍
As a man who had a brand new Range Rover parked in his driveway said to me, tires are far more reliable than the suspension.
There must be a lot of kids walking to school😂
🤪🤪🤪🤪That's funny 👍👍👍👍
Anyone know why they are crashing so much.in London
90 stolen aday in London new stats out