Monday, January 17, 2005
LUXURY SPECS SHIFT BUG 4x4
Large, luxury 4x4s are generally bought second-hand by people who expect high levels of specification. That means models with leather, seven seats and all the goodies as standard. These will give you the best returns at resale.
According to the Fleet Auction Group this end of the market is subject to a fairly strict maximum three year/60,000 mile replacement cycle, so it tends to be newer defleeted vehicles going through the company's auction halls. Models with decent specs have been holding up well, with exceptional examples finding trade buyers at anything between 105% and 119% of guide prices. Fleet Auction Group report that somer petrol versions have struggled for buyers, largely because of high fuel consumption.
A vehicle that guzzles fuel is the big, petrol-engined jeep Cherokee/Grand Cherokee, yet demand for used models has been consistently high. The 4x4 is now good value, and £10,000 buys a clean, highly specced four-year old. The diesils offer better fuel consumption but remains fairly scarce at auction, so prices remain keen.
The best perfomance in this category is the BMW X5. They are very scarce, too, so when they appear prices go through the roof. A 50,000-mile petrol Sport on a 01/Y plate made over £25,000 at a recent sale, well over 50% of the cars original cost. However, a diesil that was a year older sold for more than £31,000, though petrols with higher specifications also made good money.
Favoured by well-off urban parents, the Mercedes M-class has been around for years. However, lots of families still aspire to owning a Merc, which is why even a five year-old ML320 with 70,000 miles on the clock made £12,750 at a recent auction.
Despite being seen as the next step down from the BMWs and Mercs, the Mitsubishi Shogun has a huge following at auction. Reliability and ability to tow a trailer make the 3.5-litre diesi; popular with those that actually treat their 4x4's as a workhorse. High spec is provided as standard on most models, with seven-seat models making more money thank five-seaters.
Frw Volvo XC90s have hit auction, but when they do they're snapped up quickly by volvo dealers or traders. The seven-seat layout has been a big hit and the diesil SE is the preferred model. Options such as entertainment packs with DVD and rear screens bump and RV's more than items such as sat-nav.
Finally Land Rover Discovery prices will fall slightly now the new shape is going on sale. However, higher spec current models are still in high demand. Diesils are popular, and the seven-seater is desired by families thanks to the extra seating flexibility. V8 petrols are quite scarce, but when they crop up lots of people want one.
Look at the range of 4x4's on the spirit rent a car web site at www.spiritrentacar.co.uk
According to the Fleet Auction Group this end of the market is subject to a fairly strict maximum three year/60,000 mile replacement cycle, so it tends to be newer defleeted vehicles going through the company's auction halls. Models with decent specs have been holding up well, with exceptional examples finding trade buyers at anything between 105% and 119% of guide prices. Fleet Auction Group report that somer petrol versions have struggled for buyers, largely because of high fuel consumption.
A vehicle that guzzles fuel is the big, petrol-engined jeep Cherokee/Grand Cherokee, yet demand for used models has been consistently high. The 4x4 is now good value, and £10,000 buys a clean, highly specced four-year old. The diesils offer better fuel consumption but remains fairly scarce at auction, so prices remain keen.
The best perfomance in this category is the BMW X5. They are very scarce, too, so when they appear prices go through the roof. A 50,000-mile petrol Sport on a 01/Y plate made over £25,000 at a recent sale, well over 50% of the cars original cost. However, a diesil that was a year older sold for more than £31,000, though petrols with higher specifications also made good money.
Favoured by well-off urban parents, the Mercedes M-class has been around for years. However, lots of families still aspire to owning a Merc, which is why even a five year-old ML320 with 70,000 miles on the clock made £12,750 at a recent auction.
Despite being seen as the next step down from the BMWs and Mercs, the Mitsubishi Shogun has a huge following at auction. Reliability and ability to tow a trailer make the 3.5-litre diesi; popular with those that actually treat their 4x4's as a workhorse. High spec is provided as standard on most models, with seven-seat models making more money thank five-seaters.
Frw Volvo XC90s have hit auction, but when they do they're snapped up quickly by volvo dealers or traders. The seven-seat layout has been a big hit and the diesil SE is the preferred model. Options such as entertainment packs with DVD and rear screens bump and RV's more than items such as sat-nav.
Finally Land Rover Discovery prices will fall slightly now the new shape is going on sale. However, higher spec current models are still in high demand. Diesils are popular, and the seven-seater is desired by families thanks to the extra seating flexibility. V8 petrols are quite scarce, but when they crop up lots of people want one.
Look at the range of 4x4's on the spirit rent a car web site at www.spiritrentacar.co.uk
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Mercedes ML320 is surprisingly an affordable and luxurius vehicle-reason why it's in demand in the market especially for those families who can't afford to have any from Mercedes. And there are Mercedes ML320 parts available in the market for replacements on a reasonable price...
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