Phil B
Member Since: 12 Apr 2005
Location: Amersham, UK - gone to the country!
Posts: 93
 
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Spoke to the dealer - he confirmed what you all said. The LR Finance system can't cope with Options so, if you hand back the car at the end of the PCP, you're given no value for them. If you trade in against a new car, then you shoudl get a higher trade in value as the dealer will give some value for the options (but i bet it won't be the same percentage as the car). Moral of the story - don't add options unless you are willing to forego potentially any value for them come sale time..... Java TDV6 HSE with Alpaca and a few other fancy bits
BMW C1 200 with too many options to list and the world's worst image
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 30th Jan 2017 10:32 pm |
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J77
Member Since: 03 Mar 2008
Location: Fife
Posts: 6261
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fat bloke wrote:I have same spec SE as yourself without the Xenons,i always thought Extra's mean nothing in trade in as next person might not need it but look at it as a bonus?.
My dealer local always buys in top end cars HSE/LUX etc at the moment i getting emails and calls about buying new and get good deals against any model.
Said that now L/R have ruined the new Discovery coming out sadly it don't float my boat at moment and being similar to others in L/R, i will keep mine for now and perhaps look at new Defender.The salesman was then quiet and didn't say to much else after as if he has heard it before from other customers?
Options mean nothing, hence I only take what I really want though xenons seem to be popular amongst buyers so I may get £100 more on trade in for my original £700 outlay  that's if I go ahead, I've yet to drive it and see some figures. Though a nice 66 reg Indus silver Landmarks caught my eye at another branch, my dealers network only has 3 2 blacks (16) and 1 silver (66) 23.5MY Defender 90 X-Dynamic SE D250 MHEV Pangea Green
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| 30th Jan 2017 11:41 pm |
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Dusty
Member Since: 23 Sep 2013
Location: London
Posts: 1022
  
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My experiences come trade in time have always been the same.
Sorry Guv what your trading just isn't what we're after, but that one we're selling really is the Nuts 
Regarding PCP's I've always thought the GFV should be negotiable downwards. So when it comes to judgement day you've got a decent bit of equity in the car. Seems to be a win win situation to me, as you're more likely to trade up and if you do decide to call it a day and hand it back, there should be some extra profit for the dealer.
As long as you pass the credit check for the higher monthly payment I can't see what the problem is.
Or is this already available? Discovery 4 HSE
SDV6
2015
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| 30th Jan 2017 11:55 pm |
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Moo
D3 Decade
Member Since: 13 Aug 2010
Location: Wiltshire
Posts: 13878
 
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My old bus is a poverty spec S. I chose it because I didn't want leather or an autobox and thought that paying extra for a spec with Sat Nav and 4x4 screen was daft. I also had family in the trade who said keep it simple because extras add nothing, although they can make it sell faster.
My poverty spec S had Xenons, heated seats all round, cruise control and and upgraded stereo i.e. all the things I wanted. It really was GVFM.  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
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| 31st Jan 2017 12:38 am |
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Cobstar
Member Since: 03 Mar 2010
Location: UK
Posts: 194
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My experience is similar to Dusty's. But of course it's a different story when you come to buy said highly specced car second hand.
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| 31st Jan 2017 3:52 am |
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Peakwayfarer
Member Since: 25 Apr 2016
Location: Uk
Posts: 434
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Dusty wrote:My experiences come trade in time have always been the same.
Sorry Guv what your trading just isn't what we're after, but that one we're selling really is the Nuts
Regarding PCP's I've always thought the GFV should be negotiable downwards. So when it comes to judgement day you've got a decent bit of equity in the car. Seems to be a win win situation to me, as you're more likely to trade up and if you do decide to call it a day and hand it back, there should be some extra profit for the dealer.
As long as you pass the credit check for the higher monthly payment I can't see what the problem is.
Or is this already available?
Relatively easy to do provided you are sure you want to keep the vehicle at the end - just increase the milage over the contract term. Alternatively you can always pay a chunk off
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| 31st Jan 2017 4:55 am |
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Ken
Member Since: 20 Feb 2006
Location: Here
Posts: 10865
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Options only really offer desirability and are generally written to Zero
Look at the Mercedes model they have created packs Premium , Premium Plus . Land Rover offer "Design pack" Black pack , these "Packs" allow for a CAP id this in turn allows for a RV to be produced (Well that's how it works in the Fleet world)
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| 31st Jan 2017 7:16 am |
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petersw
Member Since: 17 Nov 2012
Location: Norfolk
Posts: 1135
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I buy all options I think I will enjoy, that why I buy a Landrover.
If I was worried about losing money I wouldn't own a car.
Besides it saves ruining the car/warranty/resale trying to fit "modifications" later on.  Peter
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| 31st Jan 2017 8:09 am |
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Scott #55
Member Since: 15 Apr 2015
Location: Glasgow
Posts: 1664
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Wife used to have a car through the Crown Car scheme (government leasing). She could spec what she wanted, but any extras on the standard model had to be paid for in full over the life of the contract.
My second-hand MY10 HSE came with loads of extras that, if I was speccing from new, I wouldn't have added - but now find can't live without.
Be careful what you add on as extras, as you'll very quickly see these as standard and want them on subsequent vehicles. 2014 - D4 2010 HSE Nara Bronze
2012 - FL2 2009 GS Stornoway Grey
2001 - VW Passat Estate Inky Blue
1999 - Ford Mondeo Light Blue
1998 - Rover 25 Red
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| 31st Jan 2017 9:41 am |
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Phil B
Member Since: 12 Apr 2005
Location: Amersham, UK - gone to the country!
Posts: 93
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Dealer says Finance rates are completely non negotiable as they come from LR. I thought some people were able to get deals. Anyone have a view? Java TDV6 HSE with Alpaca and a few other fancy bits
BMW C1 200 with too many options to list and the world's worst image
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| 31st Jan 2017 3:21 pm |
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Dusty
Member Since: 23 Sep 2013
Location: London
Posts: 1022
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In my experience telling them your leaving to look elsewhere usually brings the APR down. Unless of course, they are offering a manufacturers deal that is already very low.
I once looked to buy a £33k used Discovery from a car supermarket who offered me a finance rate of 18.9%  From memory that Discovery would have ended costing me nearly £42k and that was with a £10k deposit.
I kindly declined his offer  Discovery 4 HSE
SDV6
2015
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| 31st Jan 2017 4:13 pm |
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Scott #55
Member Since: 15 Apr 2015
Location: Glasgow
Posts: 1664
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Pentland Edinburgh sold me my D4 for £29k on a finance rate of 2%. When I called them to sort the finance, the girl said "That's very low." but went ahead anyway.
Taggarts in Glasgow were also trying to sell me a similar D4 (same salesman that dealt with wife's Evoque) but said that he couldn't compete with the Pentland rate and had lost quite a few sales as a result.
I was able to finance the D4 for about the same as I was paying for my FL2, so one very happy driver. 2014 - D4 2010 HSE Nara Bronze
2012 - FL2 2009 GS Stornoway Grey
2001 - VW Passat Estate Inky Blue
1999 - Ford Mondeo Light Blue
1998 - Rover 25 Red
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| 31st Jan 2017 4:52 pm |
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J77
Member Since: 03 Mar 2008
Location: Fife
Posts: 6261
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Phil B wrote:Dealer says Finance rates are completely non negotiable as they come from LR. I thought some people were able to get deals. Anyone have a view?
You don't have to take LR finance, you can find your own, may get a better deal. I think at the moment on the D5 the interest rate is 6.9% with LR. 23.5MY Defender 90 X-Dynamic SE D250 MHEV Pangea Green
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| 31st Jan 2017 5:02 pm |
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Scott #55
Member Since: 15 Apr 2015
Location: Glasgow
Posts: 1664
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If you've got a bit of equity in your house, you could get a three-year mortgage deal for the car at a very low rate of interest. 2014 - D4 2010 HSE Nara Bronze
2012 - FL2 2009 GS Stornoway Grey
2001 - VW Passat Estate Inky Blue
1999 - Ford Mondeo Light Blue
1998 - Rover 25 Red
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| 31st Jan 2017 6:04 pm |
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jimbg
Member Since: 19 Apr 2013
Location: UK
Posts: 478
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Surely the setup costs would make the overall total cost so high that it is a non starter?
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| 31st Jan 2017 6:48 pm |
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