Of course it isn't an E Type, but the Defender is an emotional purchase in the same sense. That's why the community is so strong and everyone waves at each other, because only people who love Defenders buy Defenders. Which is good; it keeps the riff raff out
Looking at a Defender objectively, it's hard to see why anyone would buy one today and it's easy to see why production ceased. They're slow, noisy, relatively uncomfortable and lack even the most basic modern features, but people still bought them for reasons that won't make a lot of sense to a Prado owner.
Those emotional, subjective elements are the reason they hold their value so well. There's a premium attached to the perceived value of a Defender that accounts for things that can't be quantified in rational terms.
Similarly, a new Ford Focus is faster than an E-Type, handles corners with more confidence, has a huge array of modern creature comforts and costs 90% less. None of those Jag owners are going to care though, or feel any less proud of their cars.
The great thing with Defenders is that they're just as iconic and emotive as many classic cars, with the added benefit of a new car warranty and far less risk.
It only takes one fanatic with deep pockets for that $95k Heritage to sell. I'm sure someone out there will buy it if the seller is patient enough.
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