how long do you plan on keeping your current mk III?

I'm a 100,000 mile guy. For my annual mileage, my '05 will take me to the year 2015, at which time my daughter turns 16, and I hope the Rover is in good as new shape and ready to be passed on... with a re-sale value less that a new toaster. I am already plotting my next car purchase.

RattleItHome said:

with a re-sale value less that a new toaster.

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LOL, THAT IS TOO FUNNY BUT TRUE.

I have a feeling the L322 is not going to make "old bones" so to speak. Too many are being bought up by kids who drive them like they stole them, mine that I dote upon is starting to rust in bad places. At 7 years old I would expect it to still be in perfect condition, but think that by 10 years old it will be very dog eared if parts arent regularly replaced.

I usually like to replace every 2 years, but I've sunk a lot of money into the L322 and will probably keep for another 2 years before I can afford a face lift with terrain response.

Unless I win the lottery, in which case screw you guys I'll just buy one a year and take it to the dealer every time it breaks! I'll probably need a spare too.

When i buy a a 7 year old machine its for keeps .
I cannot buy a new one every 2 or 3 years so i buy a used one with reasonable mileage .... and drive it to the ground .
That's what i did with my LSE Classic and that is what am gonna do with the 02 L322 V8 .
And by the time i will change it will probably be a 10 510 Bhp V8 as its price will have gone down sufficiently .
Or maybe it will be a MKIV .....

Jaybear

HiJack Post -

Were MKIII's available in Europe? I think the first model year of the MKIII in the USA was 03. Was the 02 MKIII a BMW motored vehicle? Anything else different from 02 to 03?

HiJack Off

Thanks!

Jon

We have been turning ours over every three to four years.

175k on the odo at least 2-3 more years, i've regularly replaced and keep things up to par may be my daughter can have too in 2-3 years.

2-3 years then to v8 diesel i hope.

Mine is already 6 years old and I plan to keep it at least 10 more years...

I would probably keep it longer if I realistically thought it may last that long but New England can be rather harsh with road chemicals, etc in the winters... I don't know if I'll still want it if it starts getting too much corrosion, it currently doesn't have a speck of rust anywhere, so I figure 10 more years should be possible.

Someone needs to add the option "Until the warranty runs out"

(done by moderator)

Actually my main fear is that RR will cease to exist, or turn into something inferior due to economic or other pressures. Ownership keeps changing, etc... hopefully tata can hold the torch for a while and keep innovating to maintain the RR position as king of the hill in 4x4. I'm not impressed with the LRX / baby range rover concept.

jdholder said:

HiJack Post -

Were MKIII's available in Europe? I think the first model year of the MKIII in the USA was 03. Was the 02 MKIII a BMW motored vehicle? Anything else different from 02 to 03?

HiJack Off

Thanks!

Jon

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Are you for real? The Range Rover is a British car, designed and built in Britain. They were released here first in 2002 (as they are ours) and went to the US a year later... It's a BMW engine 02-2005/6

meanwhile back on topic....

It a tough question. Mine has spent too long in the shop in the 18months I've had it and cost too much money to sanely keep going. BUT its still the best car I've owned so the overwhelming temptation is to keep it. I bought at 6 years old for 20% of the new price. My guess is that if I can keep it for 6 years it'll be valued at the toaster level but still costing £'000s/annum to keep running. Time then to see how the prices of the 5litre has tumbled....and start again.

I don't think the ongoing cost is likely to be so much every year... what is it that keeps costing thousands per year? Most stuff like brakes, hoses, fluids, radiators, filters, pumps, tires, bushings, gaskets/seals, and other commonly replaced parts are priced pretty normally and are the more or less the same as what you would pay for any vehicle.

linuxfreakus said:

I don't think the ongoing cost is likely to be so much every year... what is it that keeps costing thousands per year? Most stuff like brakes, hoses, fluids, radiators, filters, pumps, tires, bushings, gaskets/seals, and other commonly replaced parts are priced pretty normally and are the more or less the same as what you would pay for any vehicle.

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Keep thinking that. Pretty sure you are aready a delusional Land Rover owner (like myself).

They say love is blind.

I wait for that point when the car still has a reasonable resale value due to miles, age & condition. If you go past this point then you need to keep it forever!

linuxfreakus said:

I don't think the ongoing cost is likely to be so much every year....

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I'm very pleased to read you think so. Its had a Gearbox, oil cooler, radiator, suspension pump and associated bits, various hoses, battery, rear brake system, wheel bearings, suspension bushes, parking sensors, a final stage resister, the front diff mod, a couple of services and a few cosmetic additions. More than £6000 in 18 months. The list is long....but there's loads of bits I've had no problem with yet....and no reason to think they are going to be any more robust than the rest.

I've run Lotus cars for over 20 years so I'm well aware of what "normal running costs" might mean. They've never let me down. The Rangey is in an entirely different league!

MPx said:

linuxfreakus said:

I don't think the ongoing cost is likely to be so much every year....

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I'm very pleased to read you think so. Its had a Gearbox, oil cooler, radiator, suspension pump and associated bits, various hoses, battery, rear brake system, wheel bearings, suspension bushes, parking sensors, a final stage resister, the front diff mod, a couple of services and a few cosmetic additions. More than £6000 in 18 months. The list is long....but there's loads of bits I've had no problem with yet....and no reason to think they are going to be any more robust than the rest.

I've run Lotus cars for over 20 years so I'm well aware of what "normal running costs" might mean. They've never let me down. The Rangey is in an entirely different league!

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On the flip side I've run a P38 for 3 years with no more than normal maintenance and probably £100 a year on misc parts. So far the L322 has needed a couple of suspension joints and a water pump. All bits come to under £500 for two years of L322 ownership....

If you're mechanically capable, or capable of picking up the phone and calling someone other than a main dealer then an L322 needn't cost a fortune to run.