Defender price correction?

[LimaDelta]

Is it just me or have Defender prices plummeted over the last year? Were they just artificially high due to the whole end-of-production thing? I guess many people bought them without realising what they were really buying (i.e. something which drives like a 70yo car, because it is essentially a 70yo car). Anyway, it's nice to see them back to a 'sensible' price again. I kind of feel sorry for all the people who bought into the whole tarted-up stick on ste fad. There was some silly money being spent though. Still, I'm surprised to see just how many good examples are for sale at the sub-7k mark right now. One particular 90 I have my eye on was up for sale for 12k in Jan and now just over 4k.

[David87]

Not sure on the lower end of things, but I bought my 64-plate Defender in May '15 and would have thought it's worth at least as much now as I paid the Land Rover dealer for it. Will be interesting to see what the values do over the next few years.

[oop north]

About time . Must get round to getting one some time, though no idea how it fits into a three car family unless insuring one for the children to learn on works

[Graham]

There still seemed to be plenty of interest in >100k tarted up defenders at goodwood the other weekend... with several sold at the show !!

[anonymous-user]

Just part exchanged mine for ~£1K less than I paid for it from a LR dealer 3 years ago.

[Jonny TVR]

milesr3 said:

Just part exchanged mine for ~£1K less than I paid for it from a LR dealer 3 years ago.

part exchanged mine 2 months ago for £2K more than I paid for it from a LR dealer 9 months before and adding 12k miles on the clock

[LimaDelta]

The newer end of the market is (justifiably) doing fine. It seems though that the manky older 100k+ examples that were dragged up by the hype, have now settled back down to where they belong.

[phib]

£12k down to £4k ..... really !! I would get it bought up fast and if you don't want it can you share as I am sure someone would like a bargain !!

I would say the markets pretty similar, with the exception of the Autobiography all the other limited editions and still worth what they were worth 12 months ago.

There don't seem to be many bargains at the bottom end either !!

Phib

[philcray]

I paid £18,500 for a 56 plate td5 90xs just over 2 years ago. Seemed top dollar at the time but hopefully has kept its value, it had only done 7k miles and was like brand new. done 19k now.