I found a used LR4 at my local carmax that I love (I've been looking for LR4's for a while) it is a 2016 landmark with black pack and the saddle brown interior so I reserved it. I have 7 days to decide if I want to buy it.
price is $47k with 27k miles which is a lot of money, but I plan to keep it at least 5 years before even considering parting with it until the maxcare runs out (5 years). I'd like to get into offroading and did the Land Rover driving school thing once and have one nearby; I'd like to continue learning even though this car sadly does not have the HD pack.
Should I go for this? Obviously, the Defender is being announced in September and will likely be better in every measurable way and I imagine once it's announced, used prices on the LR4 will plummet. On the other hand, I would never buy a car new (too much depreciation) and would likely not look to buy a new Defender until its been out a few years and the bugs have been somewhat worked out which may coincide with the timing at which I'd be looking to get rid of this LR4 if I got it. JLR is saying the new defender goes on sale in 2020 and used ones probably wont hit the market in any great volume until about 3 years later so like 2023?
My big dilemma is my worry I wont find another LR4 quite this perfect, but on the other hand, inventory will probably balloon once the Defender is announced, but on the OTHER hand, it's 2019 and the 2016 leased cars are becoming available now...
Thoughts?
obvioulsy I realize this is a LR forum full of LR4 owner who obviously love their trucks, so I understand the advice will be somewhat biased.
price is $47k with 27k miles which is a lot of money, but I plan to keep it at least 5 years before even considering parting with it until the maxcare runs out (5 years). I'd like to get into offroading and did the Land Rover driving school thing once and have one nearby; I'd like to continue learning even though this car sadly does not have the HD pack.
Should I go for this? Obviously, the Defender is being announced in September and will likely be better in every measurable way and I imagine once it's announced, used prices on the LR4 will plummet. On the other hand, I would never buy a car new (too much depreciation) and would likely not look to buy a new Defender until its been out a few years and the bugs have been somewhat worked out which may coincide with the timing at which I'd be looking to get rid of this LR4 if I got it. JLR is saying the new defender goes on sale in 2020 and used ones probably wont hit the market in any great volume until about 3 years later so like 2023?
My big dilemma is my worry I wont find another LR4 quite this perfect, but on the other hand, inventory will probably balloon once the Defender is announced, but on the OTHER hand, it's 2019 and the 2016 leased cars are becoming available now...
Thoughts?
obvioulsy I realize this is a LR forum full of LR4 owner who obviously love their trucks, so I understand the advice will be somewhat biased.