I need some help selling a Range Rover

[JD Rover HSE]

OK here's the situation. We have owned a independent dealership for 16Yrs now and we've always done the regular vehicles like, Honda, Toyota, Lexux, etc...... Well then I took in a 2007 LR3 SE and we sold it right away so I thought "wow these rovers are hot"

So then I had a chance to buy a 2004 Range Rover HSE with 45K miles for WAY WAY WAY below wholesale so I thought "why not"?

So now my father (who is currently owner) isn't to happy about it being there. I need to know the best place to market this vehicle. It's so perfect, one owner, perfect carfax, and my shop bill was almost nothing because the previous owner took excellent care of it.

I tried eBay
eBay Motors: Land Rover : Range Rover (item 280241958220 end time Jul-11-08 15:10:25 PDT)

and had no luck. I also have it on cars.com and craigslist but no one has even called. I'm shocked because someone could buy a $71000 Rover for around $28K and it needs nothing!

So if anyone has any ideas let me know. Being that it's an AZ vehicle helps because we never have rust.

Thanks

J.D.
Auto Executives, Tucson, Arizona - Any Make, Any Model Cars and Trucks
Consumer Car Solutions -- Southern Arizona -- Serving Tucson/Phoenix

[draaronr]

you paid too much. Can pick them up in low 20s.

[Rugbier]

Wholesale? $ 28,000 is more like full retail

here are few examples
from MMR ( Manheim Market Report )
07/31/08 RIVRSIDE Lease $20,500 40,543 Avg SILVER 8G A Yes
07/31/08 RIVRSIDE Lease $21,000 35,173 Avg SILVER 8G A Yes
These prices are from Land Rover lane not some private dealer, if it was from an independent , I will say at least another 1,000 off.

So you either paid WAY WAY WAY over wholesale, or not telling us the whole story.

If that 24,600 bid on ebay was real, you should have grabbed it ( just my opinion , you have asked our ideas, so here it is )

So if you paid " WAY WAY WAY below wholesale so I thought "why not"? " are you telling us you want to make 10g profit?
Not trying to beat you down, but if you make such statement, in this forum ARE many members with access to prices and well educated to the vehicles and market

Good luck with your sell

Originally Posted by JD Rover HSE

OK here's the situation. We have owned a independent dealership for 16Yrs now and we've always done the regular vehicles like, Honda, Toyota, Lexux, etc...... Well then I took in a 2007 LR3 SE and we sold it right away so I thought "wow these rovers are hot"

So then I had a chance to buy a 2004 Range Rover HSE with 45K miles for WAY WAY WAY below wholesale so I thought "why not"?

So now my father (who is currently owner) isn't to happy about it being there. I need to know the best place to market this vehicle. It's so perfect, one owner, perfect carfax, and my shop bill was almost nothing because the previous owner took excellent care of it.

I tried eBay
eBay Motors: Land Rover : Range Rover (item 280241958220 end time Jul-11-08 15:10:25 PDT)

and had no luck. I also have it on cars.com and craigslist but no one has even called. I'm shocked because someone could buy a $71000 Rover for around $28K and it needs nothing!

So if anyone has any ideas let me know. Being that it's an AZ vehicle helps because we never have rust.

Thanks

J.D.
Auto Executives, Tucson, Arizona - Any Make, Any Model Cars and Trucks
Consumer Car Solutions -- Southern Arizona -- Serving Tucson/Phoenix

[discowilson]

ha he even lowered his reserve price to 28k so he was asking for alot more then that

[ArmyRover]

The part that kills me was this was just an advertising tactic to sell the RR.

I can go pick one up at the local dealer for less than that with CPO warranty...

Just for the record to looking at your ebay ad, if you bought it used for your father, and he's selling it that would make him the second owner. So a little honesty in advertising would be good considering that makes it a 2 owner at least vehicle.

Nice that you add a $300.00 doc fee to it as well, hell most any LR dealer won't charge you for that and if they do it's $100.

You either overpaid for that RR or your expecting way to much in re-sale for a large suv gas hog in a tanked suv market. Best of luck, but if you want to move it quick I would price it closer to 20,000 afterall the 09's are hitting the lots and that's a 5 year old suv.

[JD Rover HSE]

Wow you guys are swell! For the record I didn't buy it for my dad. I bought it for our inventory because we're a used car dealership and he is the owner. It's been titled and reg. once to one person so yes it is a ONE OWNER vehicle you jack! How about I'll keep with being honest and you will pay attention to the thread.


Quote:
Wholesale? $ 28,000 is more like full retail

here are few examples
from MMR ( Manheim Market Report )
07/31/08 RIVRSIDE Lease $20,500 40,543 Avg SILVER 8G A Yes
07/31/08 RIVRSIDE Lease $21,000 35,173 Avg SILVER 8G A Yes
These prices are from Land Rover lane not some private dealer, if it was from an independent , I will say at least another 1,000 off.

So you either paid WAY WAY WAY over wholesale, or not telling us the whole story.

If that 24,600 bid on ebay was real, you should have grabbed it ( just my opinion , you have asked our ideas, so here it is )
__________________________________________________ _____________
THAT"S an MMR Report not bluebook values, come on you know that!!!

You are right I payed to much. I payed $24,700 because I thought I was making a great buy. Last week I had to pay $1,300 for a air suspension issue so now I'm in it for $26,000 so with a reserve of $26,000 you do the math. I'm not trying to hose anyone I'm just wanting to dump it.

Quote
ha he even lowered his reserve price to 28k so he was asking for alot more then that

__________________________________________________ ____
Where the hell did you get that???

Reserve was $26.000 and wholesale is $34K We use Kelly out here in AZ So for $26K it's a great price.

Quote
I can go pick one up at the local dealer for less than that with CPO warranty...
__________________________________________________ ________________________
Oh really?? For $25K??? Really?? CPO?? Really?? BS!!! Who's being honest now?? HMMM

Quote:
Nice that you add a $300.00 doc fee to it as well, hell most any LR dealer won't charge you for that and if they do it's $100.
__________________________________________________ __________
Maybe in NH that's the case but in AZ $299 is the standard price and in Phoenix they are up to $369. Do some homework before you run your mouth.

The sad thing is that I bought this HSE for our inventory because one, it was $9,000 below Kelly and two, because it's one of the most sexiest vehicles I've ever seen and I was VERY impressed with. From now I'll stick with Lexus and Mercedes knowing that they lack the ignorance that has been displayed above.


So nevermind, my bad that I payed to much and I'm sorry for thinking this would be a good place for some sound advise.

[JD Rover HSE]

BTW, here are the only three 2004 Rover HSE's within 150 miles from Tucson and I'm the lowest one. Plus I'd sell it for way less than that......



25 $32,98843,802 mi.2004 Land Rover Range Rover HSE
Silver, 5 door, 4X4, SUV, AUTO 5SPD, 4.4L V8, Stock# 770.
Dealer: Certified Benz & Beemer (Mesa, AZ ~90 mi. away)
888-546-9320 Email DealerFree CARFAX Report

9 $28,988 46,600 mi.2004 Land Rover Range Rover HSE
Red, 5 door, 4X4, SUV, AUTO 5SPD, 4.4L V8, Stock# 141435.
Dealer: LUXORAUTO.COM (Scottsdale, AZ ~97 mi. away)
888-745-9919 Email DealerFree CARFAX Report

31 $28,977 46,514 mi.2004 Land Rover Range Rover HSE
Silver, 5 door, 4X4, SUV, Automatic, 8 Cylinders, Stock# 0806-32.
Dealer: Auto Executives (Tucson, AZ ~1 mi. away) THIS ONE IS MINE AND I'D SELL IT FOR 26K

[Rugbier]

so yes it is a ONE OWNER vehicle you jack! How about I'll keep with being honest and you will pay attention to the thread.

Dude, you just pissed on ONE of the most fair guys in these and other forums, once again YOU ASKED FOR OUR ADVISE



THAT"S an MMR Report not bluebook values, come on you know that!!!

I just pointed the obvious about YOUR WORDS STATING it is below WHOLESALE, WELL NOT A CHANCE, I pointed a close to you auction RIVERSIDE, and I assure you , here in the EAST COAST MANHEIM, probably less

You are right I payed to much. I payed $24,700
YEP. without a doubt
Last week I had to pay $1,300 for a air suspension issue SHOULD HAVE HAD THE CAR PSI ( post sale inspected )
I'm not trying to hose anyone I'm just wanting to dump it. Again if that 24,600 was a real bid and not a BUDDY PUMPING IT UP, you should have grabbed it, maybe relist it with a lower reserve

Reserve was $25.000 and wholesale is $34K We use Kelly out here in AZ So for $25K it's a great price. Maybe you mean TRADE IN from KBB, as WHOLESALE is either BLACK BOOK or GALVES and any SELF RESPECTED DEALER ( or INVESTOR ) will only use MMR as guideline as it points to you what the MARKET IS DOING not a PERIODIC DEVALUATION SCHEDULE as NADA and KBB tend to do


Oh really?? For $25K??? Really?? CPO?? Really?? BS!!! Who's being honest now?? HMMM As a matter of FACTS, if you were to get your head above water for FEW SECONDS, and search the net, their asking price is between 26,000 and 28,000 for a CPO under 50k, so when you show up on today's economy 24,000 to 25,000 is a given

From now I'll stick with Lexus and Mercedes knowing that they lack the ignorance that has been displayed above. I don't care if you sell MB, LEX, or BUGGY WHIPS for that matter, if you don't stick with the market I doubt you'll be okay, and for the IGNORANCE, I think you are PISSED OFF because WE CALLED YOU ON THE CARPET, so there is only one person acting IGNORANT ( Holding mirror to you )

So nevermind, my bad that I payed to much and I'm sorry for thinking this would be a good place for some sound advise YEP, suck it up, and either Dump it for less , get your cash flow ( or maybe is on your Floor Plan accruing curtailment, fees etc ), and buy other cars BETTER and make up the loss, ADVISE we gave you ATTITUDE you gave us

Phewww ( wiping forehead ) I need a beer

[JD Rover HSE]

Things vary from region to region. MMR is a great guide and we use it too but MMR in Riverside can differ from MMR in AZ. I'm thinking buying them in CA and selling in AZ would be a good idea. I've been in this crazy business since 1993 and rarely do I see a Rover at the Phoenix Auctions. They are there but not a prevelant as in CA.

I'm not pissed that I "got called on the carpet" I'm pissed for getting involved in a product that I know nothing about, I just liked it alot and when I booked it on my hand held Black Book called it at $25,375 for "clean" and it was perfect so I thought $24,700 was a great buy. Then three days later I had a $3,000 book change so now I'm screwed.

Regardless it is a one owner, perfect carfax vehicle that doesn't have a single blem on it so I think $26K is a great buy for someone and I loose $1,000

I just logged in via remote and I'm in that sucker for $27K so ouch I'm in bad shape.

I was told this would be a great place to seek advise and I just wasn't expecting to get flamed, o well.

Well I learned two things today, #1 stick with the products I know, and #2 Don't seek counsel from a Rover site

[JD Rover HSE]

Oh and about the "Kelly Blue Book" I'm not referring to KBB.com I'm referring to KARPOWER Online - Login. We use karpower like the east coast uses edmond, black, and Galves (which we NEVER refer to).

Today the true Kelly wholesale Book (NOT KBB.COM) is $32,625 before a $3,000 mileage add which I know doesn't mean anything but you can see when I payed $24,700 it was honest mistake.

I've always done things with integrity and I just got upset when I was accused of trying to take advantage of someone here when I wouldn't.

I have never messed up on a Honda, Toyota, Mercedes, Acura, Lex, or a MB but wow did I pay to much on this one. O'well even after 16 yrs I'm still learning.

Rugbier, thank you for your comments, it's obvious you're in the business, and even though we seem to differ on a couple issues I still respect your responce. Keep in mind that your market and mine are completely different. MMR is very area specific but regardless.......I overpaid.


Thanks and have a good night,

J.D.

[ArmyRover]

Originally Posted by JD Rover HSE

So now my father (who is currently owner)

My mistake for mis-reading that to mean he owns the dealership, and not the rover.

Originally Posted by JD Rover HSE

It's so perfect, one owner, perfect carfax, and my shop bill was almost nothing because the previous owner took excellent care of it.

but........

Originally Posted by JD Rover HSE

Last week I had to pay $1,300 for a air suspension issue

Just wait till that front diff lets go your at that mileage....

Originally Posted by JD Rover HSE

I tried eBay
eBay Motors: Land Rover : Range Rover (item 280241958220 end time Jul-11-08 15:10:25 PDT)

and had no luck. I also have it on cars.com and craigslist but no one has even called. I'm shocked because someone could buy a $71000 Rover for around $28K and it needs nothing!

Actually you had luck you just didn't want the luck you had. What you saw on your ebay auction was a representation of what the market will bare. You need to quit thinking it's a 71k RR for 28K It's not, 71k was gone and over the first time that vehicle was delivered, depreciation has since kicked it's ever loving ass.

Originally Posted by JD Rover HSE

Wow you guys are swell!

Yes we are, and we were giving you our honest thoughts.

Originally Posted by JD Rover HSE

For the record I didn't buy it for my dad. I bought it for our inventory because we're a used car dealership and he is the owner. It's been titled and reg. once to one person so yes it is a ONE OWNER vehicle you jack! How about I'll keep with being honest and you will pay attention to the thread.

You weren't clear on that and I took it to mean he was the owner of the RR and didn't like having it around.

But since I'm a jack and a gentleman I won't tell you to kiss my ass so, slurp my butt

Originally Posted by JD Rover HSE

You are right I payed to much. I payed $24,700 because I thought I was making a great buy. Last week I had to pay $1,300 for a air suspension issue so now I'm in it for $26,000 so with a reserve of $25,000 you do the math. I'm not trying to hose anyone I'm just wanting to dump it.

You paid a fair price for a 5 year old suv if you intended to keep it but looking to turn it quick for a profit you were about 4-5k to high.

Originally Posted by JD Rover HSE

Maybe in NH that's the case but in AZ $299 is the standard price and in Phoenix they are up to $369. Do some homework before you run your mouth.

I'm speaking just from NH, IN IL OH MA etc I've never paid that the dealer eats that or I walk plain and simple. I don't pay someone extra money for some guy behind a desk can hand me my title. $300 for 30 min of work, that's outrageous to me. If that can't be done for free then I'm at the wrong dealer, if they want my business they'll make it work.

You did however ask for our thoughts and did not say only answer if your located in my area, and have a good understanding of common dealership charges.

FYI I'm allowed to run my mouth it's my god given right As long as I keep doing my job, you can try to work on your people skills.

Originally Posted by JD Rover HSE

The sad thing is that I bought this HSE for our inventory because one, it was $9,000 below Kelly and two, because it's one of the most sexiest vehicles I've ever seen and I was VERY impressed with. From now I'll stick with Lexus and Mercedes knowing that they lack the ignorance that has been displayed above.

Even MB suv's are starting to tank not as much on the V6 ones but the v8's are getting hit hard around here as well. Just so you know I'm an ignorant MB owner to Of course I'm not a fan of that pos but my wife loves it. So that's all that matters.

Originally Posted by JD Rover HSE

So nevermind, my bad that I payed to much and I'm sorry for thinking this would be a good place for some sound advise.

It is when it breaks down on you let us know and we'll tell you how to fix it, so it won't cost $1300 next time.

Originally Posted by JD Rover HSE

Today the true Kelly wholesale Book (NOT KBB.COM) is $32,625 before a $3,000 mileage add which I know doesn't mean anything but you can see when I payed $24,700 it was honest mistake.

Don't feel to bad this market has been hit hard and fast. It's an easy mistake to make, when you look at a 04 it looks new and damn sexy but, that doesn't make it immune.

Originally Posted by JD Rover HSE

I've always done things with integrity and I just got upset when I was accused of trying to take advantage of someone here when I wouldn't.

Like I said before I mis-read your intent with the first statement so that part I'll retract but, I still think you charge way to damn much for a doc fee, if your customers and market will take the charge more power to it. The country is going green and that RR is just not fitting with the new "in" image. Now if it was a hybrid you'd be good to go.



Rugbier, no I'm an ass but I'm generally the kind you can identify with.


Like I said good luck with the sale but I would be prepared to sell it for 24k tops. Land Rovers do not hold value at all, especially the Range Rovers. Unless of course you have a Defender 90/110 then the sky is the limit.

[JD Rover HSE]

Thanks Army Rover, I liked your response. My people skills are great but it's hard to see that right now. I'm a little bitter about this HSE and the heat my dad has applied doesn't help.

BTW, I love your signature, it's always nice to find a Christ follower and I apologize for my foul attitude it's been a rough weekend. When I thought business couldn't get any worse, I made a big error of judgement by buying this rover.

Thanks for your help and kind words, I learned a lot today.

J.D.

[Rugbier]

Originally Posted by ArmyRover

Rugbier, no I'm an ass but I'm generally the kind you can identify with.

YEP, even if we are ass sometimes, some people can't live with the fact that opinions are not always alike, so they resort to names

[Rugbier]

JD just for the record, I am not a Car Dealer ( even though I could walk on an auction and buy / sell any car ), I am just an investor, that has ( to avoid mistakes like yours ) access to information to make ( what I believe ) the right choices.

As I said before, instead of beating yourself over this, DUMP it, buy couple of cars, flip them quick and make up the loss.

Once again, GOOD LUCK

Originally Posted by JD Rover HSE

Rugbier, thank you for your comments, it's obvious you're in the business, and even though we seem to differ on a couple issues I still respect your responce. Keep in mind that your market and mine are completely different. MMR is very area specific but regardless.......I overpaid.
Thanks and have a good night,
J.D.

[wjones1396]

Rugbier, i am wondering if you can help me out with some pricing info from manhiem, please.

my 1990 rover just died (tranny) and she will hopefully be going to a good home as a project car (lift her, cut her, drive her hard...)

i am in the market for a 2003 or 04 hse i am in southern ct curious if there is manheim info available for ny nj ct. and if you have any tips for a rookie going to an auction to buy for personal use. Or am i a "fool" to do it myself... LOL


thank you for any assistance.

kind regards
william