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Fun fact on Range Rovers, at least in the Uk. They’re quite easy to steal, 90 were stolen in one night. As a result the insurance companies are charging crazy prices and thus many people can’t keep the car so the market is blooded and with used ones.
This is then devaluing the cars and so other people are having trouble selling them as they’ll still owe on the finance.
I thought that was BMW.
Fun fact on Range Rovers, at least in the Uk. They’re quite easy to steal, 90 were stolen in one night. As a result the insurance companies are charging crazy prices and thus many people can’t keep the car so the market is blooded and with used ones.
This is then devaluing the cars and so other people are having trouble selling them as they’ll still owe on the finance.
That’s incredible, and they’re an expensive vehicle when new, so you’d expect them to have good security.
Yeah it’s wild. I wonder if they’ll get lawsuits for essentially selling a vehicle not fit for purpose, due to the insurance issues.