Not that this is entirely relavent, but my wife's car (x5) was due to be turned in on lease this weekend. It was $48K new in 2005 (MSRP), $30K on residual after 36 months, and we could have purchased it for $24K. Sounds like the LR3s are hanging pretty well, residual price-wise, in a very tough market.
used LR3s for sale
- Thread starter newlandroverguy
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I don't know about you, but there weren't a lot of HSEs around in 2005 when I bought mine. I don't know the production numbers, but either they sold faster back then, or there were just less of them on the market. Same would be true today, I assume.
mustbeaudi
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jptruck - you would have overpaid on that $24 by at least $5-6,000 if not more on a 2005 had you bought. 3 years, less than 40% actual wholesale value related to MSRP. Flood of 2006 means value is only a few grand more than 2006.
toddjb122
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Understood. (that values will fall) But one of my research observations when I purchased my '05 was based on how well used LRs seemed to be holding their value. Obviously gas prices have affected that, but it still whacks you a good one! 
No regrets on the purchase though. Just ********.
No regrets on the purchase though. Just ********.
bgsntth
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The depreciation hit has been amazing to watch over the last year. Both 2006 LR3's and FFRR all seem to be @ below 50% of their MSRP. But remember that as mustbeaudi points out, most of these were sold @ fat discounts (>$9 to $11K off MSRP) as there was quite the surplus. I chose to lease ours, as I was just "dipping a toe" into the Land Rover thing (now fully immersed/in-debt), and could not pass-up the insane lease deal at the time (Remember the $0 drive-off and $549 per month w/ coupon, and $2K for $8K in accessories).
newlandroverguy
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picked-up my 2006 LR3 from eimports4less
I'm officially a land rover owner. I picked-up my 2006 LR3 today from eimports4less in Perkasie, PA. The condition is absolutely excellent. I spent months researching cars and wasting trips to other dealerships who said that they had nice cars. I can honestly say that I have never seen a better used LR3 anywhere. I wish I would have found these guys months ago, I could have saved myself hundreds of hours looking at cars online and a bunch of wasted saturdays driving to dealerships to look at junk. My weekends are FINALLY FREE. Now I can enjoy my car instead of shopping for one. Anybody who is out there right now shopping for an LR3 should take a look at the eimports4less website. They have 22 LR3s in stock today!! Their staff is great and the quality of their vehicles is far better than any other place that I visited. Plus, the deals are awesome. I'll be off-roading this baby tomorrow and I'll upload a very dirty picture asap. Thanks again for your answers and help.
I'm officially a land rover owner. I picked-up my 2006 LR3 today from eimports4less in Perkasie, PA. The condition is absolutely excellent. I spent months researching cars and wasting trips to other dealerships who said that they had nice cars. I can honestly say that I have never seen a better used LR3 anywhere. I wish I would have found these guys months ago, I could have saved myself hundreds of hours looking at cars online and a bunch of wasted saturdays driving to dealerships to look at junk. My weekends are FINALLY FREE. Now I can enjoy my car instead of shopping for one. Anybody who is out there right now shopping for an LR3 should take a look at the eimports4less website. They have 22 LR3s in stock today!! Their staff is great and the quality of their vehicles is far better than any other place that I visited. Plus, the deals are awesome. I'll be off-roading this baby tomorrow and I'll upload a very dirty picture asap. Thanks again for your answers and help.
newlandroverguy
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my new baby (2006). new to me
I got a 2006 SE V8. 7 passenger. Black/tan. 25,000 miles and $25,000. No nav, but nearly everything else. It has rear park assist, xenons, phone kit, fog lamps, moonroofs, etc. This baby was detailed by the crew at eimports4less today and it looks like a new truck. I feel sorry for the guys that buy these new. I think I paid about half of what this one cost new.
I got a 2006 SE V8. 7 passenger. Black/tan. 25,000 miles and $25,000. No nav, but nearly everything else. It has rear park assist, xenons, phone kit, fog lamps, moonroofs, etc. This baby was detailed by the crew at eimports4less today and it looks like a new truck. I feel sorry for the guys that buy these new. I think I paid about half of what this one cost new.
Um....sorry to be skeptical, but anybody else thinking that "newlandroverguy" works for the company he's mentioned a hundred times? If I'm posting about a new car I've purchased, I'd be raving about the car, not where I bought it. I guess desperate times call for desperate measures. I probably should have gone this shady route when trying to sell mine.
If I'm wrong, I apologize.
If I'm wrong, I apologize.
