On a quiet news day a loss of RM285k on a Range Rover Sport is newsworthy
In the past week there has been social media chatter about a former no.1 Malaysian badminton player complaining about how he lost RM285,000 on his Range Rover that cost him RM530,000.
Well, to start, a Range Rover for RM530,000 is a used unit for sure which could have come from the general used car market (online classifieds probably) or from a used car importer (PEKEMA) which means, no more official warranty or after sales.
Then, there is no mention of the overall condition of this used Range Rover. Has it been in an accident? Has it got mechanical problems? Or was it sold to the first dealer that gave an offer?
Next, used luxury vehicles depreciate over the years, this is not news. We have highlighted in our used car review section the current asking prices of used luxury sports cars which have 70 to 90 percent depreciation over time.
So, whats the big news about a 50 percent or so deprecation on a used Range Rover?
By the way. In case you were wondering.
The Range Rover Sport effortlessly combines dynamic on-road handling, luxurious refinement and trademark Land Rover all-terrain capability. The introduction of an all-new 400PS in-line six-cylinder 3.0-litre petrol engine enhances performance, refinement and responses along with improved fuel economy.
The all-new 400PS Ingenium engine is more responsive and better balanced. With 550Nm of torque, it powers the Range Rover Sport from 0-100km/h in 5.9 seconds and to a top speed of 225km/h.
The smooth and responsive new six-cylinder unit has an innovative combination of advanced features, including the introduction of an electric supercharger to deliver immediate power response. Able to spool fully in just 0.5 seconds at up to 65,000rpm to maximum boost pressure, the new technology virtually eliminates turbo lag.
Supported by a twin-scroll turbocharger and Continuous Variable Valve Lift, which boost power and help the engine breathe with maximum efficiency, the design of the all-new six- cylinder engine optimises performance and fuel economy as well as reducing emissions – all with customary Range Rover poise and refinement.
These performance-boosting technologies work alongside a new Mild Hybrid Electric Vehicle (MHEV) powertrain that is underpinned by the new engine, bringing enhanced efficiency to the range with fuel economy of 9.2L/100km and CO2 emissions of 213g/km*.
This is the latest step Land Rover has taken towards meeting its commitment of offering an electrified option on all new models from 2020.
The clever set-up is based around an all-new Start-Stop system that switches off when stationary and pairs the new 3.0-litre engine with an electric motor.
This allows the system to harvest energy whilst the vehicle is decelerating and store it in a 48V battery.
This energy can then be re-deployed through torque-assist, reducing C02 emissions by reducing the work load on the engine.
