 | Home > INEOS Grenadier > Ineos sounding upbeat |
 
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| spudfan Member Since: 10 Sep 2007 Location: Co Donegal Posts: 4717  
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From the latest email update.
"A Year of More What a year 2024 has been. We’ve introduced new models, launched in new markets, forged new partnerships, supported more incredible causes and we’re on course to have 20,000 Grenadiers on the road by the end of the year. Click below to watch our wrap-up of an extraordinary year. Thank you for being part of the journey so far. Here’s to more in 2025" They seem to be doing a lot of special editions. To my mind it would be better to get as many "normal" vehicles sold and out on the road for the first few years. Probably more money in the special editions. 1982 88" 2.25 diesel 1992 110 200tdi csw -Zikali 2008 110 2.4 tdci csw-Zulu 2011 110 2.4 tdci csw-Masai |
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29th Dec 2024 2:37pm |
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| lightning Member Since: 23 Apr 2009 Location: High Peak, Derbyshire Posts: 2865 
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A local dealer was offering delivery mileage Commercial versions for £48,000 including VAT last month, l think they had three.
That's £17,000 off the retail price. How can they sell them for that price? Pre-registered means the VAT off but even then it's £52,000 |
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29th Dec 2024 5:11pm |
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| Rashers Member Since: 21 Jun 2015 Location: Norfolk Posts: 3521 
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I think perhaps if they had managed to produce the Grenadier at the £40-45K region it might have been a bit more palatable to many, especially those who were looking for a work horse - farmers, growers, utility companies (especially less 20%). Maybe that is just not possible? That is an enormous price drop in anyone's excel spreadsheet, lightning. |
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29th Dec 2024 5:23pm |
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| lightning Member Since: 23 Apr 2009 Location: High Peak, Derbyshire Posts: 2865
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Well, l've looked and those appear to have sold, not surprisingly.
A start price of £65,000 (cheapest five seat version £75,000) is just too much. However there's loads of nearly new examples at under £50,000 l still like the look of the Grenadier. lf the five seat version could be regarded as "Commercial" by HMRC l would be down at the dealers tomorrow. But it would be one of the cheaper second hand models that l would be looking at. There's no way l could manage over £70,000 |
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29th Dec 2024 8:28pm |
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| revd Member Since: 20 Apr 2024 Location: England Posts: 136
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If they shift 20,000 in a year then that is not far off the numbers when the classic Defender was in production.
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29th Dec 2024 9:01pm |
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| lightning Member Since: 23 Apr 2009 Location: High Peak, Derbyshire Posts: 2865
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l wonder how many Land Rover would have shifted if they'd updated the old Defender (perhaps so it was like the Grenadier) rather than giving us a completely new vehicle.
Last edited by lightning on 1st Jan 2025 10:47am. Edited 1 time in total |
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29th Dec 2024 9:46pm |
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| Rashers Member Since: 21 Jun 2015 Location: Norfolk Posts: 3521
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Possibly not that many more, I would guess.
Many ‘typical’ users of Defenders had already migrated to Japenese pickups or Ford Rangers. |
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29th Dec 2024 10:09pm |
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| spudfan Member Since: 10 Sep 2007 Location: Co Donegal Posts: 4717
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The "trouble" with the Defender was that it was bought as a long term thing. People like me who bought a Defender in 2008 and still have it are not what car companies want. It is great saying how long your vehicles will last but I think car companies want you to change in a regular cycle.
At the price the Grenadier is, it is bound to be bought by someone as a long term investment. 1982 88" 2.25 diesel 1992 110 200tdi csw -Zikali 2008 110 2.4 tdci csw-Zulu 2011 110 2.4 tdci csw-Masai |
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29th Dec 2024 10:19pm |
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| Rashers Member Since: 21 Jun 2015 Location: Norfolk Posts: 3521
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Spot on spudfan.
JLR are not going to get rich from you. There have been JLR sales executives starve to death along with their families on one sale in 16 years 
I’m not sure the Grenadier would be an ‘investment’ as such. Like the new Defender, I expect plenty if not most are on a PCP where the vehicle returns to the owner after that period. It’s the reason why vehicles are now at such eye watering high on the road prices and 21 year olds are driving around in spanking new high value vehicles unlike the very second hand yellow fiesta I was driving at 21  But that was my vehicle. I owned it. It belonged to me. It didn’t impress many people but it got me everywhere I wanted to go. |
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30th Dec 2024 8:14am |
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| Bowbearer Member Since: 12 Aug 2022 Location: Norfolk Posts: 181 
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Biggest problem is load carrying capacity.
The vehicle is just too heavy and can’t carry a decent load. Look at Raptor prices, no one wants them due to not being practical. I too hope it succeeds but with China copies hitting the ROTW market it will be hard. I can see it being swallowed by a larger company who can afford to make low volume vehicles at a price such as Pizangure, don’t know how to spell it. Jim has been wooing a lot of ministers recently, wander if he is thinking long term Army Defender replacement? Happy new year. |
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1st Jan 2025 9:52am |
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| lightning Member Since: 23 Apr 2009 Location: High Peak, Derbyshire Posts: 2865
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l think Grenadiers will end up being "keepers" for many owners.
Once values fall to affordable levels then more enthusiasts will start buying them, rather than the PCP agreements many are bought new on. |
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1st Jan 2025 10:52am |
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| Rashers Member Since: 21 Jun 2015 Location: Norfolk Posts: 3521
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They need to start shifting new ones for that to happen lightning. There are so few on the road.
I just can’t see how as a company it can carry on or will carry on. So it might get sold on. That would get ‘rid of the problem’ for Ineos and halt the losses. I think the only way the Grenadier will carry on in its present form is if Jim really doesn’t care about the losses and is happy to keep taking the hit to prove he was right and can make a Defender replacement. He is a ruthless business man. Look how he pulled the carpet from the proposed Welsh production facility. He’s a money man and I don’t believe he will keep shovelling money into it indefinitely. I think it is extremely unlikely it will ever break even let alone be profitable. |
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1st Jan 2025 11:13am |
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| Chris86 Member Since: 15 Jul 2014 Location: South Yorks Posts: 790 
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Mercedes managed it with the G-Class (although it is very nearly a completely new vehicle....9 shared components W463-W463a) and they still have a waiting list for them...... |
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1st Jan 2025 1:02pm |
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| lightning Member Since: 23 Apr 2009 Location: High Peak, Derbyshire Posts: 2865
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The problem with the Grenadier is the high price. Not that it isn't worth the money. lt's just too expensive for the kind of people it's targeted at.
l think lneos will continue, they are too far into it now to just pull out. |
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1st Jan 2025 2:54pm |
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