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Priced under $30,000, it will be Land Rover's least expensive vehicle in the United States.
Leasing remains a popular way for consumers to afford a more expensive vehicle.
If you live outside of the city, you do need transportation, but that doesn't mean you need an expensive vehicle.
Industry analysts said consumers might be pulling back on spending because of tighter credit conditions and more expensive vehicle loans.
No manufacturer will build an electric road car until a market exists for a limited-range, expensive vehicle.
And some large advertising agencies still find that for national ads, newspapers are a cumbersome and expensive vehicle.
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"It seems like the more expensive vehicles are selling much, much better than the less expensive vehicles because the people that can afford the more expensive vehicles, nothing bothers them," he said.
"These are expensive vehicles, and we don't want to make costly mistakes," Mr. Hunt said.
Line after line of expensive vehicles, which are now gathering dust rather than being sold.
Total premiums will also remain higher for expensive vehicles than for more modest ones.
They average only 2.8 miles per gallon and are among the most expensive vehicles to operate.
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CEO of Professional Science Editing for Scientists @ prosciediting.com