Agree, but you'd spend the money on something useful, not the mostly worthless additions the special editions came with. As I've said before, they are a lost opportunity, they could have truly been special.
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As someone looking to purchase, theres a lot of wishful sellers out there. From what I see the dealerships are finding the $60-65k range for very low km 90's are where buyers are.
I looked at a 90 with 250km's on it (so demo km) last week with leather and sunroof that the dealer had listed it for $68990. He was open that $65 would buy it and it sold pretty quickly so I presume in the 60-65k region.
Also notice a 90 adventure thats been listed at $79k reduced to 74k so even the dealers are finding theres a limit to what people will pay.
Whats amusing are the amount of speculative private sellers popping up with 2015-16 vehicles that just have had a chance of circumstances.
The last limited editions seem to have been sold in the $65-68k range new though, so not that far out of the ballpark.
What will be interesting is whats going to happen when the last of the dealer stock disappears and all we're left with are the private sale speculators and used examples.
In this instance waiting around for 6 months or so and watching the market might not be a bad thing.
That is actually around 50% increase,in how many months?
It is probably some sort of record for a new vehicle price increase,with no model change.
Also amazing in the economic climate we have here at the moment.
This is the reason no one can predict what will now happen to these vehicles prices,as this situation is very rare.
Some good points Scarry, definately a rare situation, athough I'm not sure what you mean by 'the economic climate we have here at the moment'? We live in one of the top 5 wealthiest countries in the world. All the market hype and scare tactics are totally transparent IMO. Inequity and greed are the problems, not the economy. Too much is never enough apparently.
Theres a couple of excellent looking rigs on carsales at the moment. One has full ashcroft running gear and is fully kitted out....owner is asking 56k. Seems reasonable for the amonunt of money spent on it:
http://carsales.mobi/cars/details/20...SSE-AD-4030168
I agree with you 100%, We cannot predict anything, for a number of reasons.
I also agree with your comment regarding "Economic Climate".
But I reckon Defender, in many instances now, is an enthusiast's vehicle, maybe one that owners may "want" to own, rather than "have" to own, so maybe able to buy one, without worrying about the dollars.
The other aspect too is, that whilst some of these vehicles are selling at "exhorbitant" pricing, some aren't sellling??!!
There are over 100+ listed at the moment, compared to I think just over 60 not so long ago!!!!.....so an increasing number of sellers appear to be "taking advantage",...so it'll be interesting to see where it all ends up.
If I listed Gracie for sale right now, (which I'm definitely not going to do!) I'd be confident that I could make a substantial profit, something that I seemed unable to do, with all of the many other cars I've owned!
Pickles.
I'm curious at your view on the price. That car is 7 years old and 140k kms and asking new price which although relative to the others seems reasonable, in a normal world I wouldn't call it reasonable. Understand that it has a long list of nice bits but my experience has generally been that aftermarket parts help sell but don't really help price.