
Originally Posted by
Daz7
I'm looking to buy as I've previously stated.
I'm amazed at how many new, or near to new Defenders are coming out of the woodwork by speculators, be they be private sales or dealerships.
Today a Grey 90 MY16 Adventurer with 29km (yes 29km) came up for sale at a dealership in North Sydney for $85k. Stupid price, but good luck if they can get a wood duck to go for it.
Another well specced MY16 that went off the market a few weeks ago, is now back on at the same $69k price at the same dealership. Its got 4500km on it.
A near identical MY16, same spec, same mileage Defender sold in a private sale this week, this was listed at $59990 at time of sale.
Funny thing is, theres a MY13 Defender for sale, its got 8000km's on it and is listed for $39k, been listed for ages. Redbook lists a private sale price range of 27-31k for it.
So presuming its worth the $31k or so, and based on the current asking price, I presume the seller would negotiate it down to $35k if they're keen to sell. At that price your only looking at 10% margin over rebook.
To be honest (and I'm looking at 90's only) near nothing is selling across the board. I can only suggest, that the market is dictating pricing is far too high. Some sellers are reducing prices, some slower than others.
Unless your perfect spec comes up, its a good time to sit back and watch. It's not as if theres a shortage of stock.
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