Thread: Defenders on "Car Sales."

Had a look at CarSales and since I bought my black & silver MY15 90 last November, the prices have gone up by at least 20% WOW. Not such a +++ movement in older models though.

Price for a Heritage 90 which is what I was looking for, now $82K and $94K someone is cashing in!

I haven't told the wife that Defenders similar to ours are now selling on 'car sales' for almost twice what we paid for it, in case she decides we should sell it and use the profit to renovate the bathroom. Priorities!

If people are paying asking prices they are nuts. It's like real estate. How many times do we see homes advertised for 10-30% more than they ultimately sell for (thanks onthehouse Web site!!).

Cheers

Many houses are advertised for far less than they sell for too.

Most people seem to prioritise competitive growth capitalism as the best system, but then complain when prices go up. ...We've seen what happens when prices go down!

Proportionately a Defender even at $100K could be seen as good value compared to a Range Rover at $250K! ...leaves you $150K to renovate! It's all in the framing, the spin and the debt management. Most of us can't afford such luxury though, so we have to draw the line somewhere.

But the majority have chosen this system that means when something is desirable, good quality and rare, the price goes up. It will most likely get voted in again as the best system in a months time too.

Originally Posted by ozscott

If people are paying asking prices they are nuts. It's like real estate. How many times do we see homes advertised for 10-30% more than they ultimately sell for (thanks onthehouse Web site!!).

Cheers

jeez, Definitely not in Melbourne!!
House prices here are ridiculous, and R.E. Agents are regularly criticized for advertising houses with too low an estimated price....houses are going to auction here & selling for WAY above the "estimated" price,.....it's crazy,, i'm glad I'm not a 1st home buyer!
Pickles.

Fair dink. Sounds crazy. Up here they are habitually advertised high and sell lower. Cheers

Originally Posted by ozscott

Fair dink. Sounds crazy. Up here they are habitually advertised high and sell lower. Cheers

Yep, it is "Crazy"!!... that's the way it is in Melbourne, I lived in Toowoomba for 3 years, a LLLOOONNNGGG time ago!
Regards, Pickles.

It's not just first home buyers. There's no way I could afford to buy a house in Melbourne. ...Glad I'm not a first a Defender buyer though!!