Range Rover Sport 07-08 Buying Advice

Range Rover Sport 07-08 Buying Advice

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MrSparks

Original Poster:

648 posts

120 months

Tuesday 11th November 2014
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I'm not 100% set on this just yet but thought I'd ask for some advice from those in the know whilst I'm making up my mind.

I'm contemplating a Range Rover Sport for around £20k second hand. There are quite a few 3.6 TDV RR Sport around the 08 mark available for the £20k mark. Including an 08, 65k miler very local at a dealer inc. 3 month warranty.

The question is, will I regret it? Am I going to have no end of expensive problems that'll see me walking to work?!

The RR running costs don't appear too bad compared to the Nissan Navara that I'll be going for if I decide against the RR, aside from the £500 p.a tax. I notice the 09 RR Sport seems to have had a big upgrade inside, but the price steps up, is it worth waiting a bit longer and going for an 09 onwards?

The car is used for general road/work/family use. No off roading, no high mileage. (about 250 a week I guess). The sensible side of me says buy a Nissan Navara on my company and wait until I can finance a new one, but the only vehicle I really want is a RR (albeit a brand new Evoque or Sport!) hence considering an older Sport for a couple of years.



MrSparks

Original Poster:

648 posts

120 months

Wednesday 12th November 2014
quotequote all
I was mostly curious as to whether they are as unreliable as I've heard... and if I should be worried about having no warranty.

I was originally looking at the 07-08 for around £20k as the idea was to buy something a bit "cheaper" than a new one, but it does seem that the newer models are significantly nicer.

To be honest we're looking at £25k for the facelift model in good condition/lowish mileage etc, by the time that's financed it works out about the same as the deal I've got on a new Evoque (£480p.m) so I am contemplating just getting the new Evoque despite having to wait until March.

So I guess the decision now is more do I spend circa £480 p.m on a new Evoque or do I consider the 07-08 older model for about £20k (financing at least 60% of that) and hope it doesn't break!?

MrSparks

Original Poster:

648 posts

120 months

Wednesday 12th November 2014
quotequote all
Trailhead said:
If it's the same price I would go with the Evoque personally.

We ran a FFRR a couple of years ago that would be the equivalent of an 08 plate now. It was no end of trouble/big bills.

I wouldn't want a LR without warranty.
Having looked at a finance calculator, and assuming £5k deposit... £15k over 36 months is £480 p.m for the £20k 07/08 model. or £641 p.m for financing £20k towards an 09 plate £25k model.

The Evoque Dynamic Auto is £480p.m with £4k deposit (albeit over 4 years not 3, dealer is trying to get it down to £450p.m, I can overpay the finance too if I come into some money and want to reduce the monthly cost) brand new, warranty, service pack, lots of gadgets, just need to insure, tax and put fuel in it. All of which are cheaper than the Sport.

I guess I've just answered my own question? Sometimes it's best to write things down!

MrSparks

Original Poster:

648 posts

120 months

Thursday 13th November 2014
quotequote all
Trailhead said:
I prefer to look at the total amount repayable, but presumably the Evoque will be better VFM as risiduals seem to be quite high.

I've never driven one, but been in a friends several times. It's a nice place to be - nice leather seats, auto gearbox is smooth, one thing to note is the boot only fits two flight cases in. It's quite small!

Oh and they look lovely in maroon with a black roof IMO :-)
I've always struggled with new cars, I've never bought one and I never used to want to but I think it makes more and more sense now. I'm always going to have a car, I want to pay X amount per month and hopefully have no unexpected costs in between cars. I'm not a car dealer so I'm unlikely to make any money on second hand cars and I think if you choose the right new car you won't lose "as much". The way I see it is the RR will cost me £480 p.m to own nothing more nothing less.

Evoque residuals have been really high with 3 year old cars still selling for not far off list price. So in theory it's a fairly safe bet, it should cost me £480 p.m over 3-4 years, the final payment is about £18k but the car should be worth more like £30k, however I'm guessing a "new" model may be on the horizon before long so it may affect future residuals on the Evoque.

I have test driven it and found it extremely nice to drive and to be in. I thought the boot was really big to be honest. The auto gearbox is amazing, I can save loads off the monthlys by going manual but I can't bring myself to do it!!!

Colour wise will probably be corris grey with red/black interior, I will get the roof wrapped black and the wheels sprayed black in the future when money allows. I do like the red as well, but not sure it's what I'd want.

I'll post up here if I do order it, but I think it's looking the safer bet compared to the other options.

MrSparks

Original Poster:

648 posts

120 months

Thursday 13th November 2014
quotequote all
I'm not worried about ground clearance etc. Road only really.

The boot is plenty big enough for me, I'm surprised that people think it's small. I have a baby and it's plenty big enough for the pram, shopping etc. I could fit quite a lot of stock in it too if needed and I assume the seats fold down etc. I'm actually looking at a trailer for a go-kart and for some summer shows (retail) so storage shouldn't be an issue. I have access to vans and a pick up truck also.

I'm not looking to change my car in the next 3 years if I'm perfectly honest, that's why I'm not so bothered about tieing up to something that's lets say, more expensive than I need... I own my home (mortgaged, but fairly low monthly and overpaying regularly), bills are quite low, lots of equity in house, good job, good sideline business and I just want to have a few years of "family fun" I guess with the nice car, days out etc. At the end of the term I'd likely swap it for another RR or a Sport and will no doubt have more money/some equity to reduce future payments.

Service pack is included in the deal so I won't have to pay for ANY servicing in the time I own it.

He's come back today with the deal at £481 p.m £4k down. Having looked at the finance on second hand cars earlier I'm probably going to go new. I claim circa £350-400 a month mileage anyway so it covers most of the finance and I shouldn't have any hidden surprises with repair bills.

I know that I will own the Sport at the end of it, but we're already looking at a 5/6 year old car now, by the time I'd own it the car would be 10 years old and I'll be looking at a new RR anyway so the payments would continue at that level. So seems kind of pointless?

MrSparks

Original Poster:

648 posts

120 months

Thursday 13th November 2014
quotequote all
Thanks for all the replies.

I've just ordered and placed deposit on an Evoque Dynamic Automatic smile

I'm hoping to come up with more deposit to get the monthly cost down some more, but despite the whole purchase being completely un-sensible, the new Evoque seems more sensible than buying an older Sport on finance.

I've gone Evoque Dynamic, Corris Grey, Red/Black Interior, Privacy Glass, Service Pack and when the build comes in Feb time I MIGHT add a panoramic sunroof. I think it's good value for money (£950) but I don't want to go mad on the cost!!!

I did look at lease deals, that one linked is cheaper but it's the basic model. I've bought the Dynamic, the lease deals on the dynamic work out at around £450p.m albeit with a lower deposit.

The missus says that we HAVE to get married next seeing as I bought a RR before the wedding (oops!) so we're setting a date for next year!

Need to keep the orders coming in though so if anyone wants a kitchen radio solution or an iPad TV remote then I have an over-priced car to pay for so please come my way laugh