JLR first 12 months, Cannot sell new car unless to JLR?

JLR first 12 months, Cannot sell new car unless to JLR?

Author
Discussion

NGK210

2,945 posts

146 months

Thursday 23rd December 2021
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J4CKO said:
…not all Sport owners are Drug kingpins.
Indeed. The rest are pimps / people traffickers (aka buy-to-let landlords); hairdresser / tanning salon owners; used-car dealers; shyster property developers; kickballists; vape shop owners; pornographers; and estate agents hehe

swisstoni

17,026 posts

280 months

Thursday 23rd December 2021
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To think that I couldn’t even get my supplying dealer’s ‘buyer’ to give me a call back about buying my L405 about a year ago.

The Lord giveth, and The Lord taketh away.

PurpleTurtle

7,008 posts

145 months

Friday 24th December 2021
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NGK210 said:
J4CKO said:
…not all Sport owners are Drug kingpins.
Indeed. The rest are pimps / people traffickers (aka buy-to-let landlords); hairdresser / tanning salon owners; used-car dealers; shyster property developers; kickballists; vape shop owners; pornographers; and estate agents hehe
That raised a LOL! hehe

CloudStuff

3,697 posts

105 months

Friday 24th December 2021
quotequote all
NGK210 said:
J4CKO said:
…not all Sport owners are Drug kingpins.
Indeed. The rest are pimps / people traffickers (aka buy-to-let landlords); hairdresser / tanning salon owners; used-car dealers; shyster property developers; kickballists; vape shop owners; pornographers; and estate agents hehe
You forgot bosses of skip hire / recycling / waste management companies.

Jader1973

4,003 posts

201 months

Friday 24th December 2021
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Don’t the dealers buy the cars wholesale from JLR? If they do then why can’t they charge what they want for them?

Dealer “delivery” charge could be 10k for example.

FBR2020

1,251 posts

211 months

Friday 24th December 2021
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Jader1973 said:
Don’t the dealers buy the cars wholesale from JLR? If they do then why can’t they charge what they want for them?

Dealer “delivery” charge could be 10k for example.
I'm pretty sure that's exactly what's going on in USA at the moment, although they call it "market adjustment".

Example below for an AMG G63



Edited to show a better example

Edited by FBR2020 on Friday 24th December 07:31

Auto810graphy

1,405 posts

93 months

Friday 24th December 2021
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Land Rover have a way of blacklisting buyers as do other manufacturers as the main problem is cars being exported. Someone buyers a new Range Rover, sends it to a different market and the importer for that market has lost a sale. As for finding out when a car is sold, they can use HPI tracking that reports any change of keeper on the chassis number but due to the numbers most will just be spotted advertised on Autotrader etc.

The latest thing is to stop people ordering cars for resale, we all do it but have to be careful. As it goes Land Rover have cancelled lots of fleet orders over the next 18 months as they can sell the cars full price to retail customers.

Ultimately this should help Land Rover values and give more control over who resells the newer cars.

Mikebentley

6,121 posts

141 months

Friday 24th December 2021
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I think they are trying to protect the dealer network ultimately. The post I made earlier was similar to what AB says above. When the cars turned up in New Zealand it stole the thunder of the release and could affect their sales. On the Defender configurator they removed lots of options to streamline production I assume and speed up deliveries.

Buster73

5,063 posts

154 months

Friday 24th December 2021
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CoolHands said:
So how long before JLR just raise their list prices?
Extra margin for them and their dealer network , why wouldn’t you ?

POORCARDEALER

8,525 posts

242 months

Friday 24th December 2021
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Back in the day Ferrari used to do a similar thing, although it wasn’t documented - any “overs” cars that appeared in the Sunday times when they were new/almost new, triggered a stewards enquiry at Ferrari U.K. to who supplied the car - dealer would then be advised not to supply them again.

GetCarter

29,394 posts

280 months

Friday 24th December 2021
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carl_w said:
GetCarter said:
There is no penalty. You just can't do it. It's not officially yours until you own it, and if you sign the form that says you don't own it until 'X' months after you get it, the option of selling is not available.
Is this on some sort of personal contract hire or something and a condition of that?

I can't envisage any sort of cash sale or finance option where you don't own the car for the first 3 months.
I guess you've heard of mortgages, or of PCPs?

You don't own anything until you have paid off the amount owing. Until that point, whatever you are buying is owned by the lender.

Why do people have such difficulty understanding this concept!

Cold

15,249 posts

91 months

Friday 24th December 2021
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GetCarter said:
carl_w said:
GetCarter said:
There is no penalty. You just can't do it. It's not officially yours until you own it, and if you sign the form that says you don't own it until 'X' months after you get it, the option of selling is not available.
Is this on some sort of personal contract hire or something and a condition of that?

I can't envisage any sort of cash sale or finance option where you don't own the car for the first 3 months.
I guess you've heard of mortgages, or of PCPs?

You don't own anything until you have paid off the amount owing. Until that point, whatever you are buying is owned by the lender.

Why do people have such difficulty understanding this concept!
Is the lender the same entity as the manufacturer?

Jazzy Jag

3,428 posts

92 months

Friday 24th December 2021
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JLR retailers are not allowed to sell vehicles to people who intend to export them, resell them speculatively (traders) or to tuners like Kahn, Overfinch etc.

If they do, JLR can fine the retailer large amounts of money.( can be around £20k+ per car)

If I recall, if the customer keeps the car for more than 90 days, JLR don't fine us.

What causes JLR UK problems is when someone exported a load of F Types to NZ which wiped out most of the NZ importers sales for the year

JLR can't stop the customer selling their property buy expect the dealer to check out each customer.

TarquinMX5

1,951 posts

81 months

Friday 24th December 2021
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This seems to make a change, somebody actually reading a contract before signing it.

As for the terms in this case, if I didn't like them, I wouldn't buy. They don't have to sell to me, I don't have to buy from them. Rolex dealers are playing silly bu..ers at the moment with buyers, load of nonsense about 'buy something you don't want if you'd like to be placed on our list for something you actually do want'. Well, if you don't like it, walk. Simples. However, the seller shouldn't expect to come back to me when the market returns to a more normal position.

Of course, most PH members probably have their local JLR and Rolex dealers etc.falling over themselves to be in the honoured position of being a supplier to said PHer, complete with a PH-warrant as supplier to 'Most Powerful Company Director Harry Tate', so this must be a purely academic thread. No?

ChasW

2,135 posts

203 months

Saturday 25th December 2021
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imagineifyeswill said:
I don't know about all Land Rover models but the new Defender is in short supply and year old ones are selling on the used market for up to 20,000 more than they cost new.

Back in the seventies when there was a two year waiting list for a Rolls Royce, Rolls did the same it was legally written in to the buyers contract that if they wanted to sell within two years it had to be offered back to Rolls Royce, and they did take cases to court and win
I wasn't aware of the legalities at the time but the motivation for buying a new Shadow was that it was free motoring for two years or longer

Dixy

2,922 posts

206 months

Saturday 25th December 2021
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A shame that JLR don't put the same effort into aftersales care.

The spinner of plates

17,710 posts

201 months

Saturday 25th December 2021
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Instead of all this faffing around, a simple solution for the dealers is simply not to sell high demand cars for outright purchase.

Just insist a minimum of the sale has to be £1,000 credit at zero percent and put the car on a 12mth lease and not allow it to be paid off early / transferable.

That way they still ‘own’ the asset for the first 12 months and if the new owner no longer wants it, they get it back and settle up based on vehicle value.

Dixy

2,922 posts

206 months

Saturday 25th December 2021
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Demonstrating no understanding of what a lease is or the consumer credit act.

Desiderata

2,386 posts

55 months

Saturday 25th December 2021
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Who decides the price that the dealer is going to buy it back for?
Is it market rate(ie more than they sold it for in the first place) or something they make up?
If you name the price you expect for it and they can't/won't match it, can you then sell it to someone else?

hyphen

26,262 posts

91 months

Saturday 25th December 2021
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Auto810graphy said:
Land Rover have a way of blacklisting buyers as do other manufacturers as the main problem is cars being exported. Someone buyers a new Range Rover, sends it to a different market and the importer for that market has lost a sale...
Should it not be cheaper to buy in that country than buying an import from an expensive country like the UK?

You would think the import will also attract import taxes and paperwork requirements.