If you happen to own a Land Rover in the United States and are planning to sell it one day, we have bad news for you: it may take you quite a while to find a buyer.
While analyzing the used car market across the country in March-June 2020 this year, a study has found that of the 10 slowest-selling used vehicles, no less than five of them are Land Rovers.
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The slowest-selling used vehicle in the nation is the Land Rover Discovery, which takes an average of 199.9 days to sell, significantly longer than the average of 68.9 days across all used vehicles. Following the Discovery as the second slowest-selling used vehicle is the Range Rover Velar that typically needs 188.1 days to sell.
In third was the Maserati Levante, with 181.2 days, ahead of the Range Rover Sport in the fourth position which needs an average of 125.2 days to sell. The fifth slowest-seller is the Kia Cadenza (121.6 days), exemplifying the lack of demand for sedans even in the used car market.
The sixth and seventh slowest-selling used vehicles were the Land Rover Discovery Sport (118.6 days) and the current Range Rover (117.8 days). As noted by iSeeCars chief executive Phony Ly, key reasons for challenges in selling new Land Rovers comes because of their poor reputation for reliability and their high ownership costs, two traits that make them not very attractive to used car buyers.
Rounding out the list are the Cadillac XT4 (115.7 days), Alfa Romeo Stelvio (115.5 days), and the Ford EcoSport (109.8 days).