My 2017 RR Sport PCP is due to end on 30th July.

It should be a really happy day. The car has fully lived up to to the stereo typical Land Rover reputation of producing lemons. It’s been a total dog in my 4 years of ownership.

PX valuations (against newer LR’s) have ranged from £9k to £12k and the last WBAC price was £10.5k.

With a GFV of £16k I was over the moon.

Unfortunately it’s currently at a Land Rover dealers waiting for them to check why the new engine they supplied 3k miles ago has gone bang!!

Original engine gave up at 58k miles in February 2024. It took over 8 months to get the car back whilst the warranty company argued the toss about settling the £12k bill.

The new engine which was supplied by LR and fitted by a LR specialist, came with a 2 year/24 month warranty.

In true LR fashion it gave up 4 months later having covered 3k miles. It was recovered back in March!!

I made them aware of the PCP situation immediately in the hope that they may pull their finger out and for once give good customer service

I’m assuming the finance company will either want the final payment or the car back and won’t take the current situation as an excuse. I put them in the picture a month ago but they haven’t come back to me one way or the other.

I was just wondering if anybody on here had been in a similar situation?

This could seriously bite me in the bum. I currently have a RR worth £16k that in 3 weeks, even with a working engine is worth considerably less.

After 25 years and 10 LR’s this will probably be my last. Buy new and get hammered in depreciation or buy outside manufacturers warranty and cross your fingers every time you drive it

I am not fully clued-up about PCP having never (nor ever will) done it, but it's the finance company's car right now, I would suggest.

Assuming it is eventually sorted and running, then the difference between the GFV (not sure how anyone can call it 'guaranteed' but there you go) and what it is really worth I presume comes out of your pocket?

That would be the case either way I presume. I am fairly sure the finance company doesn't want a non-running car on its books worth next to nothing.

I may be wildly incorrect though  2012 Vogue TDV8 in Aintree green over sand

The GFV is exactly that, if that value happens to exceed its market value that’s the finance companies problem, not mine.

Of course that is subject to the vehicle meeting mileage and fair wear and tear conditions, which without a working engine it would fail miserably.

I could pay the finance company their £16k own the vehicle and be around £4k worse off instantly. Which I feel is a tad unfair as all of this has been beyond my control. Not that the finance company will let that influence their decision.

I was never a fan of PCP’s but what with the volatile economy and the mad levels of depreciation that seem to inflict LR’s I just use it as a form of car rental.

As long as you go in with your eyes open and ignore the Salesman bluff about using the equity at the end of the agreement to provide your deposit for the next one, they serve a purpose.

It's a JLR warranty issue. Get onto LRCC, and get them to chase up the dealer

If you feel confident that the engine will be fixed under warranty, how about asking the finance Co if they will extend the PCP by a couple of months (or however long you think it might take to get the car back).

Then, once the car is back with you in working condition, terminate the PCP and return it. It might be cheaper to do that instead of buying a car for £16k which is only worth, say £10k.

Of course after you've got it back, you might love it and want it forever! 2017 SDV8 Autobiography

What a pain. My sympathy to you. I have no experience of this situation but suggest:

1. Read the PCP contract and warranty in detail to see if it says what to do. It must happen frequently enough that a car on PCP breaks down just before the end of the contract period. Check in particular if the warranty is in favour of the owner of the car (presumably the finance company) or in your favour and if in yours that it can be assigned to the finance company.

2. Depending on what the documents say contact the finance company and explain the position to them.

3. Depending again on what the documents say and what the finance company says it is a case of removing yourself from the picture. It may be that the finance company have standard forms for you to use, but in essence you would need (a) something that told the garage that has the car to hold it to the order of the finance company rather than to yours and (b) an assignment of the warranty to the finance company if it is not in their favour anyway. That assignment would be given to the finance company and notified (perhaps by sending a copy) to the warranty provider. The mandate to the garage and the assignment of the warranty to be delivered at the end of your PCP period.

If the warranty cannot be assigned (maybe unlikely) the finance company might want you to remain in place until the car is fixed and they can take physical possession and sell it or whatever. You would need to discuss the practicalities.

It is to be hoped that the finance company takes a realistic view ie that you can only give them what you have at the end of the contract period, ie the right to get the car back once it has its new engine and the benefit of the warranty required to make that happen. As a general rule finance companies cannot insist on anything other than what is in the documents, so they will be the key to this. You might need legal advice if things don't run smoothly.

Good luck. Only Range Rovers since 1988

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I’ve used PCPs to buy all but my current Fatty, but always had the cash for the bullet if need be. In your shoes, I would simply hand it back. The fact that the engine has packed up has been notified and there is a waranty in play meaans that the finance co can’t say the engine issue is down to your negligence to maintain. Get some legal advice, but what CS says above is basically what I would do, except CS says it far more eloquently than I could. 2024 - >. 2021MY L405 5.0 SC Portofino Blue
2018 - 2024 2016MY L405 4.4 SDV8 VSE Aintree Green
2017 - 2018 2017MY Jaguar F Pace Portfolio 3.0 SDV6 BRG
2013 - 2017 2010MY L322 3.6TDV8 VSE Buckingham Blue
Various RR Sports and Freelanders before that!