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-   LR3 (https://landroverforums.com/forum/lr3-28/)
-   -   How much above market? (https://landroverforums.com/forum/lr3-28/how-much-above-market-81365/)

Columbiar 10-20-2016 11:35 AM

How much above market?
 
How much above market would you all be willing to pay for a very clean, well maintained (w/records), LR3 from a reputable used car dealer specializing in land rovers? I'm sure there is some value in getting a rover that isn't going to have major problems in the first couple years of ownership.

djkronik57 10-20-2016 12:58 PM

It depends a lot where you are and what the market is like. Up here near Boston, there's a dealer who specializes in Land Rovers and all he picks up are clean and all get fully inspected. His LR3's usually are listed at around $20k. That's about normal for a LR3 in that condition with all records up here. You can find rougher examples with no records for closer to $10k.

bbyer 10-20-2016 09:34 PM

10% maybe
 
I can't see much of a premium for a good visual condition 3 with all records vs just a good looking 3. The odds are the 3 with the records would sell quicker however.

There is not alot of incentive to keep any vehicle in good repair other than owner pride.

3's on a dealer lot list at more than on a sand lot and all were purchased at the Ford lease auction so who knows.

BritCars 10-24-2016 07:17 PM


Originally Posted by djkronik57
It depends a lot where you are and what the market is like. Up here near Boston, there's a dealer who specializes in Land Rovers and all he picks up are clean and all get fully inspected. His LR3's usually are listed at around $20k. That's about normal for a LR3 in that condition with all records up here. You can find rougher examples with no records for closer to $10k.

Who is the specialist LR dealer? Do they do service work too or just sales?

TOM R 10-24-2016 08:22 PM

Its funny I got a post card last week from the land rover dealer offering me $3370 for my lr3 trade in on a new rover , I'm sure I can't go to their lot and buy an lr3 for that price

EastCoast 10-25-2016 08:31 AM


Originally Posted by TOM R (Post 583135)
Its funny I got a post card last week from the land rover dealer offering me $3370 for my lr3 trade in on a new rover , I'm sure I can't go to their lot and buy an lr3 for that price

You can't expect them to do it for free... they are accounting for the fact that the truck will need some work and to make a profit for themselves.

djkronik57 10-25-2016 10:09 AM


Originally Posted by BritCars (Post 583129)
Who is the specialist LR dealer? Do they do service work too or just sales?

I think they do both. I would take mine there but it's a bit far of a drive for me.

Dealer East Bridgewater MA New & Used Cars near Boston - Marquis Motorcars

Prices have dropped since I last checked. Now they're around $15k for the most part.

Oneruffroad 10-30-2016 06:58 PM

2006 Land Rover LR3 SE for sale. V6 great condition

abran 11-01-2016 09:37 AM

I bought a 2006 a little over a month ago. It has just under 100k miles.

The plan was to fix up for my cousin, but she has decided on another route.

I am going to list the vehicle for 15k. It's a Tonga green SE with Alpaca interior, cold weather package, and HID lights. Brakes were done by PO.

Repairs and preventative maintenance done:

- New battery
- New Radiator
- New T stat housing
- New water pump
- 4 new cooling hoses(major ones)
- Brass t
- New updated diff breather
- New upper and Lower control arms
- New inner and outer tie rods
- New Arnott front air struts
- New Eurospare rear air struts
- New terrain response control panel
- New engine PCM(was getting comm faults)
- New used driver seat(old one had a tear)
- Removed all seats and vacuumed carpet
- Royal Purple in Diffs and t case
- BG oil with KN filter
- Trans service with BMW metal pan and Redline D4

Still need to change out a worn passenger front half shaft CV, a complete detail(buff paint, shampoo carpet, condition leather), and replace all exterior logos with gloss black logos.


I believe 15k is the top of the market where I am at, but I am confident I will get it as NOBODY does all the work I did then sells their vehicle.

Teyo67 11-06-2016 08:10 PM

Just listed min in the for sale section here
very clean 06 with lots of upgrades
asking 8500 for a fast sale

skw 11-07-2016 12:24 AM


Originally Posted by djkronik57 (Post 583172)
I think they do both. I would take mine there but it's a bit far of a drive for me.

Dealer East Bridgewater MA New & Used Cars near Boston - Marquis Motorcars

Prices have dropped since I last checked. Now they're around $15k for the most part.

I can vouch for them as this is where I got my LR3 about a month ago. They're about 20mins from my house. Owned by 2 brothers who have been selling and working on LR's for 40+ years. One does the sales and it's only him, no other sales people. Has an LR3 himself. The other brother does the service side and is LR certified along with the 2 techs he has. A lot of their cars get sold and shipped out of state. When they do take a car in, they take care of the known problem areas right off the bat and then also do the next major service. In my case, it was the lower control arms, tie rods, sway bar bushings, and suspension compressor. Also replaced the brakes. Truck had 98k on it and after I bought it, couldn't pick it up for a few days as they were doing the 105K service on it. Nothing is guaranteed but I shouldn't have to put a dime into this truck for a good while.

As to the question of how much to pay for a vehicle, one with verifiable records is worth a premium, especially the older it gets. I started out looking for a Land Cruiser or LX470. Like the LR3's, the good ones are gone by the time you call. The ones sitting around on lots are still there for a reason. Dealing w/ a 10yr old vehicle with 100k (+/-) miles that you don't the history of, you can expect to at least baseline the fluids. Oil, transmission fluid, brake fluid, coolant flush, etc. Every vehicle also has it's known problem areas. What is all that going to cost you? Add that as the "premium" to pay for one that has service records of everything being done and I would say you're even, if not a tad ahead.


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