Are LR3's really worth that much!?!
#12
Dude...you have not heard or seen horror stories, until you have been on battlefield... of any war for that matter, so please stop exaggerating ...
I guess for the guy with 20 inch rims getting off pavement is a horrifying proposition .
150 000 on my 05 and I did not experienced any horror yet..and I have been places.
Last edited by thorgal; 09-20-2014 at 07:11 AM.
#13
Horror stories ?
Dude...you have not heard or seen horror stories, until you have been on battlefield... of any war for that matter, so please stop exaggerating ...
I guess for the guy with 20 inch rims getting off pavement is a horrifying proposition .
150 000 on my 05 and I did not experienced any horror yet..and I have been places.
Dude...you have not heard or seen horror stories, until you have been on battlefield... of any war for that matter, so please stop exaggerating ...
I guess for the guy with 20 inch rims getting off pavement is a horrifying proposition .
150 000 on my 05 and I did not experienced any horror yet..and I have been places.
#14
Horror stories ?
Dude...you have not heard or seen horror stories, until you have been on battlefield... of any war for that matter, so please stop exaggerating ...
I guess for the guy with 20 inch rims getting off pavement is a horrifying proposition .
150 000 on my 05 and I did not experienced any horror yet..and I have been places.
Dude...you have not heard or seen horror stories, until you have been on battlefield... of any war for that matter, so please stop exaggerating ...
I guess for the guy with 20 inch rims getting off pavement is a horrifying proposition .
150 000 on my 05 and I did not experienced any horror yet..and I have been places.
I did not take in it for heavy off-road and it's not my daily driver.
I bought this truck to go hunting/fishing/hiking with my sons. It mostly forest, farm roads with little streams and mud puddle crossing. It is my fun driving machine. That saying all.
#15
Guess it depends on how fancy of a LR3 you buy but one sold here earlier this month ~ $13,000. 107,000 miles - SE.
I like LR3's and I wouldn't pass on one if it was a great deal but I'm still partial to my Discovery. It's part of me now and I haven't seen anything else on the road that I like as much. It seems as if all vehicles look the same nowadays. One sea of grey crossovers moving down the highway. No fun in that.
I like LR3's and I wouldn't pass on one if it was a great deal but I'm still partial to my Discovery. It's part of me now and I haven't seen anything else on the road that I like as much. It seems as if all vehicles look the same nowadays. One sea of grey crossovers moving down the highway. No fun in that.
#16
Interesting thread, as I've been following the prices of the LR3 (and somewhat RRS) for 5-6 years, and more closely for 3 years (when I got the RRS after LR3s were demanding nearly the same price).
I can honestly say that today, the prices have stayed ALMOST the same as what you were looking at 3 years ago - which is crazy, especially for a British car that tends to depreciate at a predictable rate.
I do think we're witnessing a turn-around due to Tata Motors and the renewed image of the Jaguar/Land Rover brand, however the vehicles themselves are also developing a cult following. My theory is that once the original owners sold their LR3s and 1st gen RRS vehicles, they've since been snatched up by the used-car market and people simply don't get rid of them.
I HAD to pull the trigger recently and finally found my "dream" 2006 white LR3 HSE (cold climate, NAV, HK Logic 7, adaptive xenons, heated windshield/rear seats, fr/r park distance, etc etc) w/ RSE (no HD package though but oh well) in awesome condition and 87k mi.. payed 16,9 which is actually a bargian. At the time I bought it, I was searching within 250 miles for these things (white or tonga green) and there were only SIX VEHICLES in that search radius on cars/autotrader.
Hopefully their value continues to remain nearly the same or depreciate as slowly, because it's wonderful for us and the LR image! It's just a real PITA to get your hands on one, so do it fast because I think it'll only get more difficult.
I can honestly say that today, the prices have stayed ALMOST the same as what you were looking at 3 years ago - which is crazy, especially for a British car that tends to depreciate at a predictable rate.
I do think we're witnessing a turn-around due to Tata Motors and the renewed image of the Jaguar/Land Rover brand, however the vehicles themselves are also developing a cult following. My theory is that once the original owners sold their LR3s and 1st gen RRS vehicles, they've since been snatched up by the used-car market and people simply don't get rid of them.
I HAD to pull the trigger recently and finally found my "dream" 2006 white LR3 HSE (cold climate, NAV, HK Logic 7, adaptive xenons, heated windshield/rear seats, fr/r park distance, etc etc) w/ RSE (no HD package though but oh well) in awesome condition and 87k mi.. payed 16,9 which is actually a bargian. At the time I bought it, I was searching within 250 miles for these things (white or tonga green) and there were only SIX VEHICLES in that search radius on cars/autotrader.
Hopefully their value continues to remain nearly the same or depreciate as slowly, because it's wonderful for us and the LR image! It's just a real PITA to get your hands on one, so do it fast because I think it'll only get more difficult.
Last edited by EstorilM; 09-23-2014 at 08:05 AM.
#17
Well, after minimal research, I took the leap and purchased my 2005 in 2008 when everyone was relinquishing all SUV's because of gas prices. I must say for a 9 yr Old with 145,000 mi as a daily driver, to several different states & Vacations....She still looks like she belongs on the Showroom........
Truly Impressed, no horror from Texas.......
Truly Impressed, no horror from Texas.......
#18
You're not crazy, but you're also being a bit optimistic. These trucks were $45,000-$55,000 new. If you're seeing them for $12,000, that's a depreciation of 75% of it's value already. Considering that, in all likelihood, the value of these trucks will never get below $4-5,000 or so if they're well taken care of, then you're looking at a loss in equity of about $7-8,000 for a nice, comfortable, useful car that should be able to give you at least another 100,000 if not 150,000 miles. Personally, I still think that's a good deal.
It also depends on your location though. The prices of the LR3 seem to stay kind of high around the DC area here. People report seeing them for $10,000 all the time, but I have never seen one priced like that here. Most are still in the $14-15,000 range.
It also depends on your location though. The prices of the LR3 seem to stay kind of high around the DC area here. People report seeing them for $10,000 all the time, but I have never seen one priced like that here. Most are still in the $14-15,000 range.
When I was looking I initially considered same year range Chev. Tahoe with LTZ (top of line).
The LR3 was substantially lower in price than same year Tahoe.
So yes I agree. These things sold new for such high amount and dropped like rock when a few years old.
Very similar to Cadillac. New $50,000, dealer in my area sells three year old used ones $20,000.
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