Does A Land Rover Fit Your Budget?
Over the last few years Land Rovers have become incredibly popular. Part of the reason for this is that they are now the chosen vehicle of the elite. Celebs own them, rich Americans love them, footballers wives adore them, and Rappers use them to get around. If you head to a Private school in the morning, you’ll find nearly half a dozen Land Rovers are pulling up outside every five minutes to drop their kids off. So, you would be forgiven for wanting one yourself. But can you afford A Land Rover? The answer might surprise you.
How Much Will A Land Rover Cost?
On average a Land Rover will cost somewhere around $90,000 and we agree that’s expensive. It’s also a base price which means that if you want all the bells and whistles or a more high-end model, you could need to shell out more than $110,000. The good news is that you can also get Land Rovers that cost significantly less than this. For instance, the cheapest Land Rover on the market right now can be purchased for about $40,000. We think you’ll agree that’s for more affordable, but it still might not be in your price range.
What Are Your Options?
If you can’t afford to buy a brand new Land Rover, then you could opt for a second hand vehicle. This isn’t a bad idea because Land Rovers are well known for being one of the most reliable car brands. They also tend to last a lot longer than the typical vehicle. So, you could buy a Land Rover that’s ten years old, carrying quite a few miles and it could still run beautifully. Particularly if it has been well maintained over the years.
Alternatively, you might want to think about buying a Land Rover using car finance. This is always going to make things far more affordable overall. You just need to make sure that you can afford the monthly costs and that you’ll be able to keep up with them. The likelihood is that this will be a possibility, particularly if you shop around the market.
Of course, there are other considerations when deciding if you can afford a Land Rover. You need to think about maintenance costs which are quite expensive. According to research, Land Rovers will cost you about $1,600 in repairs over the first five years. As they get older, these costs become significantly more expensive.
You need to think about fuel economy too. While Land Rovers have many big benefits they aren’t typically that green friendly. If you’re buying a Land Rover to help the planet then you might just be barking up the wrong tree. While not complete gas guzzlers you could definitely do better and fueling your new Land Rover is going to eat into the weekly budget.
We hope this helps you decide whether a Land Rover is going to fit your budget. Ultimately, this could be a fantastic choice of vehicle, if you can afford one.