Resale

I'm sitting on 14,000 on my late 11 evoque and I'm wondering what kind of money are they worth now the car has started to hit the used car market.

I probably say they are still sitting on the higher side for few cars with the basic options..

Close to new, depending on what options you have? Some options should have been standard in a car like this.. I know for eg my car, I paid just over $100k, but my car doesn't have rear camera, so that might potentially not work in my favor when selling. Along with the stupid $8k rear seat entertainment and then the 17 speakers.. The list can go on.. I expect mine to be worth at least $10k less in the first 6 months with another hit of $10k in 6 to 18 months.

But it doesn't faze me, as I tend to keep my cars for a min 3 years!

Yeah, there are two methods

1. If you sell within the first 6 months the price shouldn't go down too low from what you bought it. Say 5-6k as the car is still new and the waiting list is 6months.

2. Hold the car for at least 3yrs as the longer you hold it it will offset the big price reduction over the years as the car will depreciate greatest in the first 1-2yrs. Generally over a 5yr depreciation u can expect around 50% in price drop.

Well I was shocked at the value the dealer gave me. The car has 14,000 on it is a dynamic plus sd4 5 door in black. Has dual screen hdd nav, pano roof cold climate pack with heated steering, blind spot, park assist surround cam and front sensors. Also has dynamic chassis and keyless go. Only option not on there is the rear entertainment as the sports seats don't allow it. Now this car new was about 115k. Dealers talking high 80's. now that's crazy. Unfortunately I don't see the Evoque holding like the rrs

The dealers are offering very low trade in prices in the UK too and selling at near list price to those not wanting to wait. Better to try to sell privately and cut out the middle-man. RRS was the same when new - I took delivery of one 3 days after launch day, there was 9 months wait for them even 12 months into production but if you were trading one in for a new replacement dealers really took the mickey with their trade-ins. I was told "wrong colour (Giverny Green), wrong spec (SE with no extras), too many miles (9000 - too many on a 12 month old car?), we'll have to send it to auction......." every excuse, so I kept the car 3 years and sold it for a very good part-ex to a different dealer and never returned to the first one to buy another car having brought 5 previous RR's and LR's from them.

The problem I see with the Evoque is that Range Rover has bastardised the model.

They now have a 2wd with RRP of $60k.. And most people who want the Evoque are after the brand and the looks of the car. The target audience are mainly females, young mums aged from 30 to 49. Mainly wanting an auto. And none of these people are ever going to take the car off road.

The Range Rover Sport still screams that its a luxurious/ prestige 4wd car. It's a brand that says a lot of someone? It's perception.

The dynamic is asking for too much, same with the prestige. Pure will be a great second hand car, cheap and with less options, so why bother with the dynamic or prestige? The second hand car market in Aus is pretty fu#k€d.

I personally think that the dynamic and prestige will depreciate more and will struggle in the second hand market, specially considering that we have paid stupid amount for some of the options.

I can only say good luck to everyone! I know I will keep my car for at least 3 years and claim full depreciation from my company.

I had my first car for 4 months, did 9,500kms and sold it for exactly the same price I bought it.

However this was 4 months ago so it was pretty new still compared to.. well, now. I see quite a few more on the road these days.

But I'd say anything $5-$6k less you should be able to sell it.

I sold my Pure TD4 at about 6 months ago for 8k less than I bought it for. Private sale with 3000km on the clock and 3 months old. Trade in offer was 15k less (or 80%) than new price. Si4's seem to have taken a hit lately looking at the prices some dealers have on offer.

A couple of months ago I traded my Si4 pure 6 months old, 8000klms, 7k off purchase price.

On what