Range Rover values to rise when the snow falls

Snow set to spike 4×4 values

Range Rover values to rise when the snow fallsPlummeting temperatures over the next few days are set to drive up secondhand prices of 4x4s and SUVs – and the mild winter weather to date could see the 2014 rise being more pronounced than normal.

4×4 prices always rise in the winter, says BCA used car market editor Tim Naylor; there is a “clear correlation between falling temperatures and rising prices for 4×4 vehicles.

“Buyers in more rural areas often find four-wheel drive essential when the weather turns for the worse.”

However, mild temperatures so far in 2014 mean the impact hasn’t yet been seen, and Naylor says that fast-acting motorists will find “now would be a great time to buy before values really start to rise”.

The swift onset of wintry snow will see interest in 4x4s rocket; BCA’s data from previous years clearly shows how rapidly 4×4 values rise when the weather becomes bad.

If sudden demand exceeds supply, values will certainly spike.

As for which 4x4s to buy, Naylor advises buyers to go for the best specification they can afford. “This will help the vehicle retain its value.

“Alloys, leather interior, air con and a good metallic colour are all desirable, while more ‘rugged’ accessories such as mounted spotlights or running boards can drive prices up too.”

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