When is the right time to make that car purchase you’ve been thinking about? Now.
It’s no secret! The COVID-19 pandemic has brought about unprecedented changes. It has affected every sector of our lives, from education to how we interact every day. The pandemic didn’t spare the automotive industry either.
Most automakers had to halt production to avoid losing money. Others like Jaguar Land Rover (JLR) saw a significant drop in car sales.
But amid all these, there is a bright side, especially for those who want to purchase their dream car.
Dealerships are open for business, although like everything else, in a changing environment. To make sales, most dealerships and carmakers are offering potential buyers attractive deals and incentives.
With a quick search online, you can land a good deal on a brand new Land Rover and save hundreds of dollars.
Here’s why you should purchase a Land Rover today.
Jaguar Land Rover Sales Are On The Low
Between January and March 2020, car sales of JLR plummeted by 31 percent. As a result, their financial year report of 2018-2019 indicated a drop in vehicle sales by 21.1 percent.
The fall in demand for Land Rover because of the pandemic saw the company making a loss of nearly $501 million. According to statistics by Autocar, the Automaker sold only 425,974 vehicles worldwide in 2020, a 23.6% drop year-over-year.
In 2020, the sales of the Land Rover declined by 18.3%. But the Jaguar model took the hardest hist with a drop in sales by 36.5%.
However, in the fourth quarter, JLR car sales increased by 13.1%, a sign that the company is recovering slowly. Thanks to the new Land Rover Defender 90, the sales of the model soared by 66% in the last quarter of 2021 compared to the third quarter.
The new Land Rover model gained huge traction from customers due to its ability to speed up from 0 to 60 MPH in only six seconds. Besides that, it features a six-cylinder engine that delivers 396 hp and 400 lb-ft.
But the real attraction of the Land Rover Defender 90 is how it’s the fasted factory-manufactured model of Land Rover’s classic off-roader. Furthermore, it’s well-priced compared to other models with a starting price of $47,450.
Even though the defender 90 has caught the attention of many potential buyers, JLR still has lots of Land Rovers in the market that is yet to be sold. This is good news for buyers since the price of older Land Rovers will drop as dealerships try to clear their inventory to make room for new models.
Land Rover is Offering Deals Today
If you’re in a place where you feel confident and ready to make a purchase, this is the right time. Finance rates, incentives, and discounts add up to 20% or more off the top of the price.
Even though dealerships are experiencing an upsurge in sales, they still far from attaining their normal figures.
Furthermore, they are clearing their inventory of unsold vehicles to create more room for the latest models. This means they will offer customers impressive deals, lower pricing, and incentives.
If your dream is a Range Rover, consider purchasing the 2020 Range Rover Evoque S trim. The trim has a cash offer where customers can save up to $3,000. Buyers can also receive a special APR financing offer that could have them paying zero APR for up to 60 months.
But that’s not all! Potential buyers can enjoy zero percent interest and no payment for three months, plus JLR’s Elite Care protection package. The package comprises a five/60,000 -mile warranty, free scheduled maintenance, connected vehicle services, and road assistance.
Through the JLR website, you can land a deal on the Discover Sport S 2020 model. For only $41,500, you can own this impressive beast. Also, it comes with zero percent finance, which lasts up to 72 months. You also have the option of leasing the vehicle for $349 to gain $1,000 customer credit.
Additionally, you can buy a 2020 Land Rover Defender today and receive $1,000 customer credit, as well as 0.9 APR for 36 to 60 months.
How to Find the Best Land Rover Deals?
Thanks to the internet, you can search for the best deals on Land Rovers from the comfort of your home. Through a quick online search, you can find dealerships with great offers and incentives. You can also visit the JLR website to check out the available special offers.
Remember to compare three to four options to find prices and offers that suit you. By taking advantage of existing deals and incentives, you can end up saving hundreds if not thousands of dollars on your new ride.
Thank you for stopping by. Best of luck!
References
https://autoversed.com/why-now-might-be-the-best-time-to-buy-a-land-rover/?
https://www.jaguarusa.com/current-offers/index.html
https://www.autocar.co.uk/car-news/industry/jaguar-land-rover-records-%C2%A3422m-loss-last-financial-year