Car is a 2020 RR Sport with 23k miles. $85k sticker. No CPO warranty unless I pay $4-5k for it. Tried offering $55k plus taxes/fees but 2-year CPO warranty included and got the door slammed in my face. It does seem a bit odd they wouldn’t include a 2 year CPO warranty without hesitation on a ~4 year old car with such low mileage.
“We’re asking $58,900 which is in line with all of the other 2020 RR Sports that we’re selling that all have higher mileage. So I think we’re still pretty far apart. I wouldn’t even be willing to sell the car for $55k + tax without the warranty”.
Is there even any point to attempt to negotiate anymore?
What justification do you have for them to sell it at $55k? If you are just throwing that out there because that’s what you want to pay, then the dealer isn’t going to negotiate. If you want to get a lower price, find a similar RR in terms of options and miles for less. If you can’t, then they have it priced correctly and there is no need to lower it by $4000. Also, a CPO warranty isn’t free for the dealer. They have to pay for the warranty and inspection. I would guess it will cost a RR dealer at least $2.5k, maybe $3k+ to have that included.
I phrased the question wrong. I more so meant in general, do LR dealerships negotiate at all these days or is the market so inflated it’s a “take it or leave it” scenario. Sounds like the latter.
Fair enough. There is no justification. But that is my budget. I threw an offer out there 6% below their ask and it was a hard no without counter. Guess that is just the market.
“You’re just wasting your time looking at RRS and Cayenne in general.”
I saw your prior response recommending the Pilot or Telluride but neither of those cars interest me aesthetically. I really love the RR Sports but a 2020 being 4 years old now is kind of deterring me since I will either have to buy the extended warranty after factory or drive it without a warranty which I don’t want to do.
Feel like that leaves me with the Jeep GC 4xe, but not totally in love with it.
Most likely coming down to 4 year old RR Sport with 30-40k miles, or the GC 4xe lease for 2 years until this bubble pops.
I did just come across this 2020 RR Sport which is CPO already. Doesn’t seem terrible considering the market:
I’ve found CPO and used vehicles from dealerships don’t tend to have much wiggle room. If you want a lower price, you typically have to wait for the dealer to lower it themselves. Especially if you’re looking for a significant discount from list.
Right, I’ve noticed this too. May look into CarMax/Carvana, too, as I’ve heard they offer warranties for purchase, and they are pretty good in terms of what they cover. Or I’ll just lease a Jeep Grand Cherokee brand new and not have to worry about a warranty or breakdowns, albeit would have to give up the upgraded luxuries of the RR Sport. Decisions, decisions…
You will always pay a premium when you buy from a Land Rover dealer. That being said, if you research the market, their price is within reason (maybe even undervalued). Not to mention, there isn’t a whole lot of them within 100 miles of Glen Cove.
If that’s the car you want, you can a) wait it out until you find a better deal b) look to find one at a non LR dealer or c) increase your budget.
I just watched a couple of videos about all his claims. Yikes. $16k+ in claims. He paid $3900 for the warranty. I believe it had him covered up to $125k miles.
I will say LR is much better under Tata than the Ford and BMW years. Still, Land Rover knows they can sell all the L460 and L461’s they make even if they are unreliable. No reason to spend money to make them more so.
Carmax is a good source. I’d buy again from them. The warranty isn’t the ridiculous bumper-to-bumper they used to have, but it’s still top notch and pretty cheap. Just take the car to get a PPI within the return period and bring it back if anything wrong shows up.
Only thing that sucks is when your car is in for work, you’re getting a beater Kia or Corolla for a loaner.
Do NOT buy a used in todays market. Especially for a used luxury car.
There are mark ups for almost all used cars in todays market.
Think about it, a leased 2020 X5 with 36k miles has a residual value of $35k. You are probably going to pay $50k in today’s market, but within a year it would worth $27k-$28k. Unless it’s your dream car or you plan to keep it for more than 5 years, losing $22k in a year is not a wise choice.
If I’m honest with you don’t get a used luxury suv unless it’s Lexus yes they’re basically boring with nothing inside other then reliability. It’s better to lease the vehicles your looking for but the market is still high. Dealership told a family member of mines the wealthy lease them and the poor buy them when there return after 36 months. From the looks you want the vehicle not need it, just make sure if you’re keeping one of these vehicle get warranty you never know what could happen.
