Yeah , 2-4yo old deefers for what their new price was .
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Yeah , 2-4yo old deefers for what their new price was .
Sent from my GT-I9300 using AULRO mobile app
FWIW I ended up getting impatient and picked up an MY16 D4 SE for what some are asking for their Defenders. Final straw was the MY16 90 that went up for sale for $75k and the owner admitted he had driven it home and put $20k on top of the sale price. Then there was the fella that accused car yards of giving "stupid offers" then asking more than retail for a 5 year old car. I'll likely end up passing the D4 onto the wife if/when the defender prices return to this realm.
Sounds like a good strategy Geary. But it will be interesting to see how much prices come back down, or not. I'd be interested to hear your opinion on the driving experience of your new Discovery in comparison to the Defender and whether/why the Defender is not of equal value to a Discovery? Obviously the driving experience between them is going to be markedly different, but is the driving experience of one worth more money than the other? What price the Defender wave? What price that particular Defender quality we are all unable to adequately describe? To me that's worth more than 6 airbags and air suspension, etc. I know I much prefer the driving experience of a Defender over a Discovery.Quote:
Originally Posted by Geary
Wifey didn't initially like the Disco,.....had no time for them at all, didn't like the shape, didn't like anything,.......until she drove one!!
We were lent one when Gracie was being serviced & Karen drove it home,...and she was mightily impressed with the driving experience,.....whilst she still prefers Gracie (for "Defender" reasons!), she now has a different view on Discos.
As far as Defender values are concerned, yes, as I've said, there are some unrealistically greedy people out there, trying to make a quick buck,....but there are some reasonable buys too. I reckon that the high priced units will not sell, causing these owners to have a downwards rethink, if they REALLY want to sell.
Longer term,...I believe that low k, original, non abused examples with books etc, will be in demand, and pricing will reflect that,...but not $20K over new etc. I reckon that at the moment, if ya had a Defender that was as new, under 12 ms old & 10Ks, you could possibly get ya money back, providing ya weren't ripped off when ya bought it?
Pickles.
I'm thinking of selling mine but I don't know what I would replace it with. So it stays for now...
Nothing else compares unless you've got the cash for a bush spec G Wagen. Which incidentally, makes a Defender at any price a bargain.Quote:
Originally Posted by defender_i_hardly_know_er
They were priced just right...now its absurd. They will come back AND no one who follows LR would pay the RECENT asking prices for a stocker 110. I love Defenders too, but not at current prices over a modded D2 4.6 with 5 speed manual i dont. You really can have the best of both worlds. My son loves Defenders but wont go past a D1 with mild modding for value, rugged off road ability and comfort. If Defenders were at the prices they were until this latest silly hike he might stretch to a Deefer just for the lust factor.
I also think the best Defenders were made a few years ago and by the end of production they were weaker.
Cheers
Prices would only come down if they became less appealing, and I can't ever see that happening.Quote:
Originally Posted by MrLandy
Late 90s/early 2000s Defenders in the US and Canada routinely sell for US$50k+ and have been doing so for years. One in good condition will push six figures.
Here's one I snapped earlier this week in downtown Vancouver...Everyone loves these things.
The US has a 400 million population and about 12 NAS Defenders to go around and the only ones being let in as imports are 25 years old or older. Its supply and demand. Australia has a 25m population and all but 60 of them wanted to buy a new defender each month when they were being made. Many of those would have been via business finance, and that area of demand will slow over the next 5 years as financing secondhand ones gets too difficult. Thats when all cars drop their bundles as far as resale goes.Quote:
Originally Posted by Andrew86
The supply is there at inflated prices but the demand isnt. The prices will eventually drop back to match the demand.
The current nonsense with the prices of some defenders is being driven by scalpers hunting for a wood duck.They might find one or two but most people will just buy the sensibly priced cars.
The supply isn't there anymore, though. There are fewer than 100 cars for sale in the country. As you say, it's supply and demand. Supply won't grow anymore, so falling demand will be the only way prices will ever fall significantly and I can't see the appeal of the Defender diminishing any time soon.Quote:
Originally Posted by steane
That was my point with the North American example. Despite all the barriers and costs associated with acquiring a Defender, people are still doing it. Grey imports and RHD cars aren't uncommon, I've seen half a dozen in BC in the last fortnight.
I agree that there are some dreamers among us, but the days of bargain bin Defenders are numbered.