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Range Rovers Become Thief-Magnets, Causing Prices to Tumble
Posted
December 17, 2023
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December 17, 2023
5,305
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0:44Now PlayingThe average price of a used Range Rover has fallen 9.3% since May to £35,224, versus declines of 5.7% for all luxury SUVs and 2.8% for all cars, data from car site Auto Trader shows.
Range Rover prices fell 2.8% in November alone, Auto Trader said, the steepest drop since insurance costs spiked. The declines follow a surge in second-hand car prices during the pandemic, when new-vehicle production slowed due to semiconductor shortages and other supply chain crises.
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