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I quite like the idea my 2009 110 has gone up in value. How often in life does your car rise in value? Makes me feel better about paying cash instead of financing it. Mine will never be sold so its all theoretical anyway.
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Yep... G Wagon... Stock 110...G Wagon... Stock 110...mmm...what to spend my 100+ large on...
In fairness let's no be too hard on him he just accidentally added 1 too many zeros
Forthcoming G Wagen professional makes all of Land Rover's current offerings look very suburban, especially forthcoming Disco 5. ...and all of this makes low km Defenders at $60K look like a bargain.
If you read the ad for the $125k 110 he says circumstances have changed so he doesn't have to sell but to make the most of the ad he's already paid for he's just upped the price to try his luck. I tend to think many of the high priced units are in a similar position- "don't need to sell but If others are advertising for a profit I'll try my hand". Artificially raises the price in a similar way to property in holiday locations.
There's still a steady backfill of 2008-2012 models advertised from 29-36k which is still a tad high for a 4-8year old $50k car but sane at least.
$45 or so yes... Bargain... $60k no. But we will see what happens. Ben from APT was saying he has heard from his contacts that Defender 2 is a goer which will bring current prices right back. He has 3 Defenders so I can't imagine he will love that but if you don't intend to sell its academic. I think profiterers should sell Now and people looking for a reasonable buy should wait until Deefer 2. They can't lose out because the prices can't go higher. LR could say tomorrow no Defender 2 and I reckon prices would not go up. Price them above a Toyota equivalent and watch them sit. I love LR but let's not kid ourselves... The price does make them much more attractive. Cheers
In comparison to any other full size four wheel drive on the market, except perhaps Mahindra, $60K for an as new Defender with accessories is a bargain. In comparison to a brand new Defender, no, but there is no such thing anymore. I would also be very surprised, that if a new model Defender materialises, that it will be under $60K. It's not going to be a $40K dual-cab and if it is, it won't be a Defender.
Of course the new defender will likely be $60 ish with options to take it much higher... But when it comes out that will bring Defender Classic (...) back to reasonable pricing. Ie considerably less than what they were purchased new. Thus my comment that people flogging them need to live it up now and not wait and anyone wanting one just wait out the current silly stuff. Cheers
...even if the next Defender is awesome, the last of the classics in good condition will hold their prices IMO. And if the next Defender goes the way of all other generic new SUV Land Rover models, classic Defender prices will increase like in the US. I don't think you'll see a sub 50,000km Defender under $50,000 ever again.Quote:
Originally Posted by ozscott
I don't believe that is necessarily so. It could be, depending upon how good the "new" Defender is.Quote:
Originally Posted by ozscott
However, I believe the "New" Defender will be substantially dearer, especially if it is, as with other JLR variants, able to be heavily optioned.
I don't see current "realistic" (take out stupid opportunistic/unrealistic sellers) Defender prices dropping, at all.
Pickles.
Let's just wait and see. I hope they stay high for current owners at least.
Cheers