New Discovery Achieves Class-Leading Residual Values In UK
By Maddy Price
Tuesday, October 18, 2016 - 12:59
Following its global reveal last month, Land Rover confirms the new Discovery is already leading the field with class-leading residual values as rated by industry body CAP.
According to CAP, the new Land Rover Discovery is expected to retain 59% of its value over three years or 36,000 miles resulting in compelling finance offers for customers. Thanks to its combination of seven full sized seats, class leading towing capability, reduced fuel consumption and reduced CO2, the new Discovery has broad appeal.
Jaguar Land Rover UK Managing Director, Jeremy Hicks said: “The new Discovery is already proving to be immensely competitive against the established competition. High residuals and reduced running costs mean that Discovery customers can enjoy all the improved benefits over the outgoing Discovery and its peers for less.
“The new Discovery is Land Rover’s most versatile and capable vehicle to date. It’s a do anything, anywhere vehicle that will appeal to new and existing customers. We have seen a fantastic response with over 6000 people registering on our website in just two weeks to find out more as we launch in the UK.”
From the entry level 2.0 litre, Sd4 derivative through to the 3.0 litre Td6 ‘First Edition’, new Discovery allows customers investment flexibility between the deposits and the monthly payment. Specification adds value – not just cost thanks to desirability of higher specification trims and engine choices.
Example finance illustration based on 2-litre Ingenium Sd4 on a 37 Month PCP, 10,000 miles per annum, 6.9% APR:
from £43,495 OTR
from £49,495 OTR
from £56,995 OTR
|‘HSE LUXURY’ Spec
from £62,695 OTR
|Customer deposit £12,040||Customer deposit £12,350||Customer deposit £14,910||Customer deposit £16,680|
|Monthly payment £399||Monthly payment £449||Monthly payment £499||Monthly payment £549|
|Customer deposit £10,000||Customer deposit £10,000||Customer deposit £10,000||Customer deposit £10,000|
|Monthly payment £462||Monthly payment £521||Monthly payment £650||Monthly payment £754|
Aiding running costs, the substantially lighter, more efficient, all-aluminium 2.0 litre Ingenium engine has a servicing interval of 21,000 miles or every two years.
For Fleet and Business customers the strong residual values hugely benefit the whole-life cost of a new Discovery and coupled with the improved service, maintenance and repair costs associated with the new Ingenium engine, it further adds to the appeal of Land Rover’s new full-sized seven-seater.
The new Discovery was unveiled last month at Packington Hall together with the largest Lego construction ever-created incorporating 5.8 million bricks. The new model is available to order now with deliveries commencing in the spring in the UK priced from £43,495 on the road. In the UK, 600 ‘First Editions’ will be available from the start of sales priced at £68,295 on the road.