Just having a thinking about $2500 per year. That figure is based on a very generous division of m receipts for five years of owning a 1996 Defender 130, and something I read in an NRMA mag a while back.
Starting with a ten year old vehicle in good condition but not serviced by a specialist Land Rover mechanic.
In three years of ownership I'd reckon that you spend something like this-
$1250+ At least one set of tyres
$1000 Front and Rear brake pads and rotors
$300 Front and Rear brake pads
$1000 Radiator and hoses replaced
$300 Clutch Master and Slave cylinder
$1100 Timing Belt and Bearing replaced
$3000 2 Services per year - oil, filters, etc.
$1200 Front end - wheel bearings, swivel pins, maybe a CV joint
$400 Replace axle drive member/flanges front and rear
$150 Fuel lift pump
$1200 Clutch
Total
$10,900
On top of that I'd reckon in that time you'd have one major component failure - steering box, fuel injection pump, air con, gearbox, transfer case, head gasket, etc. setting you back anything from $1000-$4500
The above are a combination of actual costs and numbers pulled out of the air from having bought the parts and done it myself. The prices would be for getting it done rather than doing it yourself.
I'm sure that the more experienced will have a better idea of actual components and costs, but I don't think I'm too far off. It'll be interesting to see comments.

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