About to buy a 2020 SVR

Hi,

So as the title says I’m about to buy a very low mileage 2020 SVR in immaculate condition. Am
I mad?

I’ve never owned a JLR product having always driven German brands. They really are incredible value now and insurance where I live although high isn’t ridiculous. Any advice would be much appreciated

Thanks

Somehow after 48 months and 16000 miles a year the GFV or balloon which ever you prefer is £73410. I have queried this but have also been assured its correct.

Yes that is correct. Usually, I never keep cars for that period of time but for that amount even if it doesn’t get used every day it’s a lot of car for not a ridiculous amount of money.

I appreciate the purchase price is high but in this instance it becomes irrelevant as it’s all about what the monthly figure is.

Hi, just to make it clear this isn’t from a Land Rover main dealer. It’s from a reputable independent garage. From purchases point of view I’m just struggling to see a downside unless I’m missing something which is what I asked in my original question.

Thank you for all the input guys. I really do appreciate everybody’s feedback. I’ll keep you posted.

So a little update for everybody I’ve had the finance documents arrive and called the finance company myself to query the balloon payment and they have said it doesn’t sound right however, if there is a mistake, it will fall on the dealer😂. I’ve spoken to the dealer and waiting for them to look into it in more detail.