- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
For anyone thinking of selling....
Have you checked the value of your car lately?
The massive supply squeeze across 20/21 is having a major effect on values across all brands.
In Jan 2020 my five month old SD6 HSE-L booked at £47k. This is the one I rejected.
Two weeks ago, I ran my almost ten month old SD6 HSE-L through a couple of sites. WBAC returned £52k and evans halshaw £54k. This week WBAC emailed me offering £55k. Even allowing for them chipping the value for minor wheel/chip damage, this is pretty stonking.
New deals aren’t what they were, but if you were thinking of changing anyway it’s a good time to do the maths.
If they still did glacier interiors, I would seriously consider swapping mine for a facelift. But they don’t.
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
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Also means, if your PCP is ending, don’t blindly hand it back, check what an independent dealer may pay you for it first.
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
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Wish there was an edit button on the mobile. That rejected car of mine went on the forecourt in August at £53k. That’s £2k less than the trade value of its replacement now. Pretty big difference, I’d imagine this one would now retail with a 6 at the beginning if they are willing to pay 55 for it.
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
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That’s got to be tempting....
I imagine that the equity in mine must be similar.
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- BigCol66
- Member Since: 06 Jul 2020
- Location: Mid Wales
- Posts: 293
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I guess the long waiting time for new D5s is helping keep values of second hand vehicles up.
Discovery 5 D300 Metropolitan.
- Windy Miller
- Member Since: 08 Dec 2020
- Location: UK
- Posts: 181
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TechnoTurkey wrote:
Very interesting, even We Buy Any Car value my Disco at £6k more than I owe on Finance which would give me a reasonable deposit for something new 
If you put in minimal deposit and the depreciation has been in line with your monthly payment then that's great news, but if you put a huge chunk down at the start the £6k 'equity' will have to be factored into that before you can really base a true equity 'value'.
2021 D300 R-Dynamic HSE - Carpathian Grey.
- teaman
- Member Since: 03 May 2019
- Location: Surrey
- Posts: 44
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Indeed. Depreciation is a negative equity curve, whilst your PCP finance payments are linear. One can always generate a final settlement figure at anytime though if needed.
- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
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WBAC now up to £57k for my car. Astonishing, and starting to feel like a gift horse.
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- Darras
- Member Since: 16 May 2020
- Location: Newcastle
- Posts: 764
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Yes, but
1. It will fizzle out.
2. You can’t get a new one anytime soon and there is little discount.
The only time you’d score is selling and NOT buying another.
- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
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Depending on brand, there are options available. Stock GLEs were available, for instance, discounted against new and with a £60k online offer against my D5. Similarly, Toyota were offering £60k online against a new Highlander with delivery next month.
A new Land Rover would require patience, but I haven’t actually gone down the road of enquiring.
As I may have mentioned earlier in the thread, my wife is very attached to this Disco. But if it was down to me I would swap it purely as a financial no brainer.
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- Equilibrium
- Member Since: 26 Feb 2019
- Location: Bristol
- Posts: 754
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Yes indeed, happy wife, happy life. That’s the theory.
With the vastly reduced mileage I do now, I reckon the Highlander (list 52k) would cost around £20k less over the next 4 years. Or about £1 a mile.
I’ve got one for the day in a few week’s time when our little Auris is in for a recall. So I will wave the Highlander under my wife’s nose. But not expecting a bite!
Drives: 2020 MY20 HSE Luxury SDV6 in Eiger Grey/Glacier
Departed: 2019 MY20 HSE Luxury SDV6 in Carpathian Grey/Glacier, 440i, 320d, Toyotas, Mondeo, Citroen BX amongst others
- BigCol66
- Member Since: 06 Jul 2020
- Location: Mid Wales
- Posts: 293
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You could always offload your D5 now order a new one and just buy a hanger to run now until the new one arrives. That's basically what I have done. Your wife might not be to impressed.
Discovery 5 D300 Metropolitan.
- joness7
- Member Since: 16 Aug 2018
- Location: London
- Posts: 47
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Bought my D5 SDv6 SE Anniversary in July 2019 for £49k. Just sold it to WBAC (with v low mileage but curbed alloys) for £46.5k.
Cost me £2.5k for nearly 2 years D5 ownership, not too bad!!
2019 D5 SdV6 SE Anniversary black/black
