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Mortgage Market Reopens To Risky Borrowers

 
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Old 08-23-2019, 07:18 PM   #21
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Re: Mortgage Market Reopens To Risky Borrowers


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Originally Posted by Deckhead View Post
Range rover is a **** vehicle.

One of my clients has 3. He kept his '07 because his '16 and '19 suck ass. He loves vehicles and his wife loves range rovers and he hates them. He loved his '07 and bought 2 more since, because he liked it so much. Swears he'll never buy another and this dude is crazy about working on vehicles, it's pretty much all he does for a hobby.

I mean, they're nice but for the price tag I can think of several SUV's I'd rather have. Hell, I really like the infiniti's. You could buy a killer new expedition when they come out, which I would much rather have than the range rover....

Step your game up son!

We had a Land Rover and it was a pretty nice vehicle. Tough as nails and yet nice luxury edge to it.
It was reliable until it hit 100,000.
Nobody wants to work on them unless it is just basics like brakes.
Dealers are few and far between.
A used dealer that only sells Land Rovers came all the way down from North jersey to buy it from us.
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Old 08-23-2019, 08:21 PM   #22
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Re: Mortgage Market Reopens To Risky Borrowers


From 2011 to present all Rovers are all sho and no go, dont lease beyond 3 years, and never buy. A few of my customers have them and they are constantly getting repaired at the dealer or a specialist with a 2 month wait list, all have electrical problems.

One broke down while in the Holland tunnel twice, not it just sits in the driveway because even the dealer has no idea whats wrong. Loves to throw very expensive parts at it, $3800 for battery and alternator.
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Old 08-23-2019, 08:31 PM   #23
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Re: Mortgage Market Reopens To Risky Borrowers


Electrical gremlin was why we unloaded it.
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Old 08-23-2019, 08:44 PM   #24
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Re: Mortgage Market Reopens To Risky Borrowers


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From 2011 to present all Rovers are all sho and no go, dont lease beyond 3 years, and never buy. A few of my customers have them and they are constantly getting repaired at the dealer or a specialist with a 2 month wait list, all have electrical problems.

One broke down while in the Holland tunnel twice, not it just sits in the driveway because even the dealer has no idea whats wrong. Loves to throw very expensive parts at it, $3800 for battery and alternator.
Yup. A lot of people like them but the people I work for that have them cant stand them. The guy who has 3 had his '17 in the shop more than his '07. I just wasnt that impressed. They are fast though. We have a dealer in town and he said there is only one comprehensive mechanic and the rest are just "meh" there. He has a house in Ft Lauderdale and he takes it over there for service because he says the customer service is better than here.

If you're buying 140k vehicle it better have spectacular service at the dealer especially if it breaks for no known reason. His friggin window motor broke. From what I understand the exotic car dealer in town and lambo dealer are fantastic with service. I know that's not the car but I dont know anyone who has one from the exotic dealer that has ever had anything break.
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Old 08-24-2019, 06:19 AM   #25
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Re: Mortgage Market Reopens To Risky Borrowers


'07 would be Ford, and '17 would be Tata.
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Old 08-25-2019, 03:03 PM   #26
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Re: Mortgage Market Reopens To Risky Borrowers


I just never understand how I can pay 15,000 for a Honda Civic and at 250,000 miles it is still good enough to pass on to a family member.

Yet, I could spend 65,000 or 85,000 on a high end SUV, and be lucky to get 30,000 miles before something major breaks. It makes no sense.

You would be pretty normal to get 150,000 out of a 60,000 dollar truck that you beat to death these days before you have an issue, but a 60,000 dollar SUV that you only drive on the road is a crap shoot.

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Old 08-25-2019, 03:07 PM   #27
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Re: Mortgage Market Reopens To Risky Borrowers


Yeah but bro, those first 30,000... ooooooooooh.
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Old 08-25-2019, 05:58 PM   #28
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Re: Mortgage Market Reopens To Risky Borrowers


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Originally Posted by VinylHanger View Post
I just never understand how I can pay 15,000 for a Honda Civic and at 250,000 miles it is still good enough to pass on to a family member.

Yet, I could spend 65,000 or 85,000 on a high end SUV, and be lucky to get 30,000 miles before something major breaks. It makes no sense.

You would be pretty normal to get 150,000 out of a 60,000 dollar truck that you beat to death these days before you have an issue, but a 60,000 dollar SUV that you only drive on the road is a crap shoot.

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Generally a Range Rover is going to be over $100k. The actual driving experience is orders of magnitudes better than that of a Honda and the people who buy them new will already be off lease or traded up for the new model far before long term reliability becomes and issue.

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