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CAP: Overfinch enhancements command 30 per cent higher residuals

Time 8 years ago

Overfinch Range RoverOVERFINCH Range Rovers retain 30 per cent more value than a standard Land Rover car, according to new data from CAP.

The company independently assessed the added value of Overfinch’s external body styling, exhaust systems, wheels and an array of bespoke interior features such as upgraded leather seat designs.

Their opinion is an update to CAP’s 2012 evaluation of Overfinch, on the now-replaced Range Rover and Range Rover Sport models. CAP concluded at the time that Overfinch conversions commanded a 23 per cent residual value uplift on the standard model ‘Black Book’ values.


CAP Black Book editor, Tim Bearder, said: ‘We have been tracking the used vehicle market for over two years in relation to Overfinch models.

‘Converted vehicles with Overfinch enhancements are then compared against the residual value of the equivalent standard Land Rover model.

‘In our opinion, the uplift for the all-new Overfinch Range Rover models (L405) is 30 per cent on top of our Black Book used values for standard models.’

Overfinch chairman, Kevin Sloane, said: ‘Our strategic decision to further increase the luxury and exclusivity of Overfinch Range Rovers has been justified.


‘A seven per cent increase in the residual value of our vehicles to 30 per cent, compared to the standard model, is testament to the increased desirability of an Overfinch Range Rover.

‘CAP’s opinion reaffirms Overfinch’s market-leading position.

‘Our niche clientele demands this level of attention to detail and CAP’s report demonstrates why choosing an Overfinch is such a good investment.’

 

James Batchelor's avatar

James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large and was the face of Carbuyer’s YouTube reviews. In 2020, he went freelance and now writes for a number of national titles and contributes regularly to Car Dealer.

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