Look at Jaguar Land Rover SA!
DealersOnline
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It is believed that as soon as a vehicle leaves the dealership floor, its value depreciates between 10 - 15%.
BUT! There’s no need to be discouraged (or frightened) by the thought of this!
We have found that the auction disposal method has the most effective way of helping you retain the value of the vehicle, despite its age and mileage.
After our recent disposal for Jaguar Land Rover South Africa, we saw 2 Land Rover Defenders, 1 Land Rover Evoque, and 1 Range Rover with an average of 13 000 kilometers on the clock sell at a whopping 85% of their New Price, bearing in mind a vehicle of this age and mileage depreciates by 30-40% on average.
This goes to show that by selling on auction, Jaguar Land Rover SA has retained 15% of the depreciation saving them an average of R217 000 per unit.
It seems as if there is one way and one way only to save and retain value on your vehicle and that is through selling your car through our auction.
That's it for this week's 0-60 in 60!
Every week, we’ll be posting content from the past auction week to keep you up to date with what’s happening on our auction and in the market.
Watch our latest 0-60 in 60 episode: https://youtube.com/shorts/Lee-DZtMcWE?si=GrLVoAo9KMwvnJWg
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