Will LR USA be buying back?

Will LR USA be buying back?

Author
Discussion

Wadeski

Original Poster:

8,578 posts

226 months

Wednesday 9th April
quotequote all
I was thinking about the 25% tariffs on all new imported cars, and JLRs decision to pause all vehicle shipments to the US for one month.

I have a brand new Defender (bought January, only 1,100 miles on it) and was wondering at what point does it become more valuable to JLR to have something on the forecourt to sell (without at 25% price hike) than it does to me?

Will we see buybacks of the kind we did during COVID when chip shortages had dealers scrambling for used inventory?

Sheepshanks

36,482 posts

132 months

Wednesday 9th April
quotequote all
I guess keep any eye on the inventory levels at nearby dealers?

There doesn't have to be a 25% uplift - it's 25% on the landed cost and even then JLR may absorb some or all of it.

wisbech

3,593 posts

134 months

Wednesday 9th April
quotequote all
Wadeski said:
I was thinking about the 25% tariffs on all new imported cars, and JLRs decision to pause all vehicle shipments to the US for one month.

I have a brand new Defender (bought January, only 1,100 miles on it) and was wondering at what point does it become more valuable to JLR to have something on the forecourt to sell (without at 25% price hike) than it does to me?

Will we see buybacks of the kind we did during COVID when chip shortages had dealers scrambling for used inventory?
?? Cut out the middleman, just try to sell the car as second hand yourself with a markup

Wadeski

Original Poster:

8,578 posts

226 months

Wednesday 9th April
quotequote all
wisbech said:
Wadeski said:
I was thinking about the 25% tariffs on all new imported cars, and JLRs decision to pause all vehicle shipments to the US for one month.

I have a brand new Defender (bought January, only 1,100 miles on it) and was wondering at what point does it become more valuable to JLR to have something on the forecourt to sell (without at 25% price hike) than it does to me?

Will we see buybacks of the kind we did during COVID when chip shortages had dealers scrambling for used inventory?
?? Cut out the middleman, just try to sell the car as second hand yourself with a markup
Selling a car privately?

I literally can't think of anything worse. I'd rather have a root canal.

TheOwl

7 posts

95 months

Yesterday (22:03)
quotequote all
Any views on whether the USA market “pause” may cause more deals elsewhere (U.K.) because of increased stock?

In the market to buy a Defender (hybrid), probably new, any thoughts? What is the typical % saving on list?

Thanks

Benson11

68 posts

177 months

TheOwl said:
Any views on whether the USA market “pause” may cause more deals elsewhere (U.K.) because of increased stock?

In the market to buy a Defender (hybrid), probably new, any thoughts? What is the typical % saving on list?

Thanks
USA cars will only be good for that market (LHD, lighting and control regs and spec etc) so not much use for any other markets, if the cars are built they will likely end up in the intended destination one way or another in the end.

In the long run, if JLR make less cars for that market it could free up build slots for others and maybe lead to more aggressive sales tactics but whether that would play out in the UK who knows. UK will be a big market for JLR, but middle east and China might be more lucrative or where they want to grow etc

With the ZEV mandate for UK market, manufacturers have to balance what they are selling and JLR doesn't have a great mix already, the ICE stuff will sell itself so they only thing you would need to discount is EV or just sell less of everything at a higher price and be done with it I guess