Jakarta, CNBC Indonesia – Range Rover prices in the second-hand market are in free fall. This information comes from the used car market in Indonesia, which is considered to be the choice of people who are pursuing value for money.
Currently, the price for the used luxury car is around Rp. 500 – Rp. 600 million for the Range Rover Evoque, even though the new price is above Rp. 1 billion. This can be seen from CNBC Indonesia’s monitoring of several models on the OLX sales site on Sunday (17/10/2021).
For example, the Range Rover Evoque Si4 2 door in 2011. The selling price of a car with an engine capacity of 1,500-2,000 CC is only IDR 575 million.
Then there is the Range Rover Evoque Luxury in 2014 for IDR 525 million. Range Rover Evoque Dynamic Luxury A/T (2013) worth IDR 550 million.
The Range Rover Sport 3.0 L HSE Diesel (2011) is sold at a price of IDR 615 million. In his statement, the engine capacity of this vehicle is around 3,000 cc.
The Range Rover has indeed been affected by this price drop. The owner of the used car dealer, Focus Motor Agustinus, revealed that the prices for some luxury car products have decreased.
Cars whose prices have fallen are anti-mainstream brands. In addition, vehicles with service fees are quite expensive compared to cars of the same type from Japan.
“The price has fallen for the Range Rover. In 2015, 2017 may have been half the new price, only used for 4-5 years is already half the price,” he told CNBC Indonesia, quoted Sunday (17/10/21).
However, not all second-hand luxury car prices have fallen. A number of brands in this type of hobby car can still maintain prices and although there is a decrease but not too drastic.
Some examples are the Mini Cooper and also the VW Frog. The last brand mentioned still has a fairly expensive selling price.
“Lexus isn’t strong like Toyota, the price isn’t that low. The Mini Cooper is pretty strong, because it’s a hobby car, right. VW frogs are also strong, even the new car doesn’t like to have anything. Even the Mini Cooper is still expensive, VW frogs are difficult. many in ATPM and ready to continue,” he explained.
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