A man who ordered more than 200 Land Rover defenders months before the production of the iconic British 4×4 ended in 2016, revealed how much he made.
In 2015, Charles Fawcett, founder of the Yorkshire -based Modification Company Twisted, made the decision to order a treasure of 'last run' of defenders who believed they would be in value.
After having submitted a request to have submitted 240 vehicles, he eventually received 239 of the last examples to leave the Solihull assembly line of JLR, despite the car manufacturer's efforts to prevent this.
When the vehicles were ordered, every new country would have to cost Rover defender between £ 26,000 and £ 33,000, depending on the model and the specification.
However, he said that he negotiated a discount of 14.8 percent on the 239 vehicles, with an average of £ 22,600 per defender.
Charles has been tipped by a dealer about the possibility of placing an order for some of the last built defenders, and discussed Charles the availability and prizes with someone from JLR. But the number of the British company soon changed.
“The man of Land Rover called me on a Friday and said that if I didn't place the order that day, we wouldn't get it because Land Rover was about to change his policy and not to deliver vehicles to modifications like us,” he said during an exclusive interview with this money.
“I quickly shot an e -mail to ask 240 vehicles and ask if we could sort colors and specifications the following week, to which he answered:” Thanks for a great order “.
Charles Fawcett, founder of Twisted, bought 239 Land Rover defenders in 2015, just a few months before the production of the iconic 4×4 ended
Charles (photo), who owns the modifying company, established in Yorkshire, explained how Jaguar Land Rover tried to block the move
However, he eventually received 239 and negotiated a discount of 14.8 percent who paid around £ 22,600 per defender with an average of £ 22,600
“The most that I ordered new in one go before they were eight vehicles.”
However, shortly thereafter, a meeting with JLR revealed the reluctance of the car manufacturer to provide them.
“JLR invited me for a meeting and said you don't get cars because there is no available,” he said.
“It all became a bit legal, but in the end they agreed that we could have them.”
In September 2022, the company announced that the 'last' 16 vehicles of the Trek would be sold at prices up to £ 222,000 – that is a mark -up of 800 percent on what they cost in 2015.
Although various reports on the internet have tried to calculate the income generated from the order of Charles of 239 engines, he says it is difficult to say exactly how much he made when invoicing in the costs of upgrading.
He said: 'We sold around 210 and made them all in a twisted vehicle.
'In the early days that they have them, we sold £ 60,000 to £ 100,000. Most are now £ 150,000 to £ 250,000, so we clearly have a margin in that.
In September 2022, the company announced that the 'last' 16 vehicles of the Trek would be sold at prices up to £ 222,000
As a result of the order, Charles says that in the large schedule of global issues where companies spend billions, it was a 'small deal'
The last Land Rover defender who came out of the production line on Friday 29 January 2016 in Solihull
'However, a huge amount has been spent on development, R&D and production time.
“I think you could attribute £ 50 million directly to £ 60 million turnover that has been reached behind the back of them, probably more.”
As a result of the order, Charles says that in the large schedule of worldwide things where companies spend billions, it was a 'small deal'.
He added: 'We are just Land Rover enthusiasts in North Yorkshire who build cool things, have some great customers and just love what we do.
'It was phenomenal for us as a small company to be able to take that delivery of vehicles. It is exactly there with the best financial decision of my life. '
Charles has claimed that the company sold around 210 of the defenders confirmed that there are still a few storage, all of which have almost certainly risen in value.
“I have something there, but I keep them back for my own collection,” he said.
“I could release the stranger here and there. We have a few special customers that we would have a brand new donor car. But I will keep the last dozen or so. I think there are still 25 left at the moment.
'We have stored, maintained, cleaned, covered them; We have taken care of these things for 10 years and now I am a bit attached to it. They have always been there, you know?
“And in reality they are better than money in the bank.
'If I could have love them 120 or 150, I would have done it because that chance was once in your life – you don't get that twice. All stars are coordinated to get that order. '
