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Martin0711



Member Since: 25 Jan 2014
Location: Buckie
Posts: 42

United Kingdom 
PCP coming to an end

2014 Rangerover Sport
3.0 HSE
ODO 46,000 miles

Hi,
My current PCP deal with Landrover is due for renewal at the end of the year and im seriously thinking of buying the car.
The car has given me no trouble throughout the last 4 years apart from general service items.

My questions are:

* If i should purchase the vehicle what kind of deal should i be looking at from Landrover.
* Waranty
* Service & MOT
* Timing belts, should they be replaced as part of the purchase ?? car will be 7 years old at the end of the PCP deal.

Martin Thumbs Up 14MY Sport HSE - SDV6 - Barossa Black -

Post #616915 Tue Aug 31 2021 12:42pm
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Lindab



Member Since: 20 Nov 2017
Location: Dundee
Posts: 866

United Kingdom 

With the PCP, when you took it out there is a value to buy in the documents you signed. When the PCP is over, you hand it back or buy at that value. They will happily take it back.
I imagine they will give you none of the things you want.
I bought my previous Sport at the end of the PCP which I had from new & was 3 years old. The reason was the end of PCP purchase price was less than the trade in price for that model & year.
They did not give me anything, just pay for the car & from then on all servicing, mot etc was down to me Range Rover Sport: Mercedes S63 AMG Coupe: 992 Porsche Carrera 4S

Post #616918 Tue Aug 31 2021 1:40pm
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RRSTDV8



Member Since: 13 Aug 2011
Location: Northamptonshire
Posts: 8828

United Kingdom 2012 Range Rover Sport SDV6 HSE Orkney Grey

Second hand cars are increasing in value so they're not going to want to help you by giving you free stuff. If you walk away then they have something to sell and which is in demand. 2012 SDV6 - it's missing a couple of cylinders
2008 TDV8 - it was a labour of love and is much missed

Post #616920 Tue Aug 31 2021 1:57pm
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00by



Member Since: 25 May 2018
Location: Northants
Posts: 81

As said, it's unlikely you'll be getting any favours given the current market conditions.

What is your settlement price? That pretty much determines whether it's a worthwhile deal or not. MY16 RRS 3.0 SDV6 HSE Dynamic

Post #616923 Tue Aug 31 2021 3:08pm
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riverblanche



Member Since: 11 Jun 2011
Location: Retford'ish
Posts: 1134

United Kingdom 

Hi,

as said already you should have a price to buy, now go on wbac and put the exact details and any damage and see what they are offering Question

you could buy and keep or buy and sell straight away.

a work mate used to do this on the company cars he had, buy at the end of the term and sell it on.

if you decide to sell it check others as well as wbac although they are easy to deal with

Thumbs Up Porsche Cayenne 2022
gone Porsche Cayenne 2020
gone Corris Grey HSE Dynamic 2016
gone Ipanema HSE lux 2010
gone Rimini HSE 2005
!!

Post #616932 Tue Aug 31 2021 6:03pm
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Dave-t



Member Since: 18 Jan 2020
Location: Glasgow
Posts: 436

United Kingdom 

And it’s not actually LR is it? The finance is through Black Horse, why would they offer you anything else? It was when my D4 PCP came to an end that I realised how much cheaper a bank loan was, it wasn’t just a few quid. Joined the X5 45e club
1994 Defender 90 300 tdi

Post #616937 Wed Sep 01 2021 6:35am
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syl



Member Since: 10 Mar 2016
Location: Somerset
Posts: 410

United Kingdom 

What happened to me is that the price was less than it would cost me to buy an equivalent car from JLR (but more than JLR would have given me for it if I was trading it in).

You won’t get any deals - it belongs to a finance house and they will auction it off at the end -for 3 year old vehicles, usually through a closed auction to the JLR network (who can then control the market and keep the price of newer second hand cars high). RRS MY17 SDV6 AB
Evoque MY17 TD4 AB

Post #616956 Thu Sep 02 2021 12:56am
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Martin0711



Member Since: 25 Jan 2014
Location: Buckie
Posts: 42

United Kingdom 

Thanks for all the replys,

i have checked my finance aggreement for the final payment and did a vehicle evaluation through Pentland land rover and WBAC.

Currently the vehicle is worth £2800 more in the second hand market than the final payment to the finance company.

Looks like i'll buy the car.

Much appreciated folk

Martin 14MY Sport HSE - SDV6 - Barossa Black -

Post #616963 Thu Sep 02 2021 9:36am
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