MY 15 Defender Use it or Investment

[tonyci]

With the poor old Defender being phased out.How many people buying a MY 15 will trick it up a bit more then usual and buy it for sentimental reasons as opposed to a work/touring car ?.
I have owned a few over the years and couldn't help myself I have ordered one and yes gone foe a few cosmetic options I have never bothered with before.
I will look after it a bit better then the others but hopefully still use it off road.
Wonder what the last Defender model built will be worth in X years ?
Cheers
Tony

[AndyG]

Well I have an MY15 110 on the water, my first 4wd owned.
It's tricked out, it will be used for touring, pampered and not thrashed.
I want 20 years out of it, and when I die dig a pit and shove me in it with a cold carton.:)

[AndyG]

And of course there will be a MY16!

[tonyci]

Andyg
The dealer I bought mine from was adamant MY15 the last and apparently Land Rover want to stop production as soon as they can.
Which is a shame really. I like them desire all the quirks and issues.
Tony

[AndyG]

Someone will jump in with better info,
But,
If I can get a My15 in July 14, why couldn't you get a my16 in July 15 or until prod run ends in dec 15
Just my idle thought for the day.

[AndyG]

But you raised an interesting point re future value. If you look at the market in USA for banned Defenders, what will happen in 5 years when they become a yuppie must have.

[Tombie]

Well according to my dealer you won't be getting a 130 soon (gone) and I believe the 110 is soon after that...

[Didge]

I thought it was still gonna be a Defender but just on an all aluminium, monocoque body like the new Rangie and LR were saying it'd be their best and strongest Defender yet and it would appease the traditionalists whilst appealing to the wider community.

I did read that somewhere or am I totally off the mark/ have things changed recently?

[EastFreo]

Like AndyG mine is literally on its way.

I haven't bought it for an investment ans plan to keep it till stumps. This may be my first personal Defender but I have grown up with a number and always wanted one.

I will confess that the purchase was spurred by the imminent end of production. It just brought forward the plan to get one!

[Toxic_Avenger]

As per the title "Use it or investment"
In my opinion, it has no value unless used.
'Investment' to me means that you have some desire to recoup your cost price as much as possible. This depends on market value and whether this is aligned with your own personal value of an item.

A car will always be a depreciating asset. If the value you get for it, and its worth in your eyes never meets you perception of its market value, then all you've really done is sat on a car for years without getting any use (read value) out of it yourself. Philosophical, really but you get the idea. Consider these:
"Its only worth what someone will pay".
"If you don't use it, then it is just an expensive garage ornament".
"If you were looking for a investment, you'd probably buy a property, invest in shares, or deposit it in the bank"
"Not driving your Ferrari is similar to not sleeping with your girlfriend so she is better for the next guy"

[Rurover]

I read in news feed on this forum yesterday I think that in the UK, a few of the the more cluey crims are now getting into the business of stealing current model Defender parts in anticipation of a strong market for these bits once production ceases next year.

The light fingered types are even pinching bonnets off vehicles left unattended it seems!
I guess they'll also be removing whole vehicles from circulation as well, so watch out for a black market in Defender stuff.

Alan

[Pickles2]

No Defender will be worth buying as an investment.....if that's what ya want, buy a property or bank shares.
There will be no MY16,...not of the current Defender as we know it anyway.
End of the road is 20the December 2015, and some variants before that.
Pickles.

[steane]

Yeah, won't be an investment but might hold its value okay until like most defenders it gets used and abused and will cost more to fix than its worth. About 10 years after that the few good ones left will attain classic status and values will rise. They'll have been retrofitted with an electric engine and long range touring battery pack by then.

[Longtimer]

What I don't understand, is how my toy (that I picked up Last thursday from the dealer - and arived on their door the week before that) can be called a MY15 vehicle. And the only difference that I can see between it and the MY14 is the colour scheme. :confused:


Phill.

[AndyG]

What I don't understand, is how my toy (that I picked up Last thursday from the dealer - and arived on their door the week before that) can be called a MY15 vehicle. And the only difference that I can see between it and the MY14 is the colour scheme. :confused:


Phill.

I agree, mine was built on day 1 of the My15 production run, and is in Baltimare,I suggest you get some info on VIN codes, and enjoy a good argument when they give it to you. And you should have DSC. Oops you have it, maybe share the VIN code.

I say My16 is possible as July 14 = MY15. However I do not know the production date of the last Australian Defender, it may well be June15 or prior.

However,thinking about it, it would make sense to run MY15 to the end.

[rovercare]

Well I have an MY15 110 on the water, my first 4wd owned.
It's tricked out, it will be used for touring, pampered and not thrashed.
I want 20 years out of it, and when I die dig a pit and shove me in it with a cold carton.:)

Is it a PNG or aus vehicle?

[Psimpson7]

There will be no MY16,...not of the current Defender as we know it anyway.
End of the road is 20the December 2015, and some variants before that.
Pickles.

Which will be a MY16.... Anything built after July 2015 will be MY16 theoretcially.

[AndyG]

Is it a PNG or aus vehicle?

An Oz vehicle, collect 10 Sept, 18 Sept Birdsville :)

[AndyG]

Which will be a MY16.... Anything built after July 2015 will be MY16 theoretcially.

Theoretically yes, but will they bother, esp if the production runs are full:
So we could have:
MY5 being built for 18 months or
MY16 being a super duper !! runout model. But why would they bother.

[rovercare]

An Oz vehicle, collect 10 Sept, 18 Sept Birdsville :)

Thought you frowned upon expats taking their money home:p

Birsdille museum is worth a look and bakery and pub:D

[AndyG]

Thought you frowned upon expats taking their money home:p

Birsdille museum is worth a look and bakery and pub:D

I sponsor PNG via SP Brewery quite enough thank you, :) we wont even discuss, Lamana Club, Penthouse, Diamond and the old Planet Rock.:p

Have a full spare day to poke around Birsville, at least im getting it dirty quick

[tonyci]

Hey Longtimer
The dealer I ordered mine from in Melbourne is a large dealer that shifts a few Defenders. They have not taken delivery of any MY15's . They tell me orders for the 90 are very strong with long lead times. The 110 is a little better re lead times but not much.They also confirmed that the only difference between a MY14 and MY 15 was the customisation allowed, which is really only cosmetic.
Enjoy the beast.
Cheers
Tony

[Pickles2]

Hey Longtimer
The dealer I ordered mine from in Melbourne is a large dealer that shifts a few Defenders. They have not taken delivery of any MY15's . They tell me orders for the 90 are very strong with long lead times. The 110 is a little better re lead times but not much.They also confirmed that the only difference between a MY14 and MY 15 was the customisation allowed, which is really only cosmetic.
Enjoy the beast.
Cheers
Tony
Which Dealer did you do the deal with. We bought ours from ULR, & found them pretty good.
Pickles.

[BilboBoggles]

The MY15 introduces ESC (Electronic Stability Control) throughout the range including for the first time ABS on a 130.

This link shows the options available on a MY15 (at least in the UK)

http://www.landrover.com/content/gb/en/pdf/ebrochures/defender


Damn those full leather seats look nice....

[AndyG]

Yes getting the DSC (=ESC?)
And the contrast leather :)
And the silver pack

[noyakfat]

I'd consider it an investment… in a lifetime of outdoor adventure and exploration :D

[tonyci]

hi Pickles2
i bought from MLR which is the sister co to ULR.I have bought off both over the years and agree both have been good to me both on sales and service
tony

[tonyci]

I'd consider it an investment… in a lifetime of outdoor adventure and exploration :D

Agree
Tony

[Longtimer]

I don't think mine has ESC. Thankfully!!!!!!

My VIN no is SALLDWBR7EA454321

I have no idea of what numbers go from when to when.
My assumption is that it is actually MY14. Which is fine by me. My poor traction control and ABS were having hissy fits last Saturday as it is (cornering [read drifting] on a flooded corigated ballbearing gravel road at speed). ESC would only make it worse.....

Cheers,

Phill.

[rovercare]

I sponsor PNG via SP Brewery quite enough thank you, :) we wont even discuss, Lamana Club, Penthouse, Diamond and the old Planet Rock.:p

Have a full spare day to poke around Birsville, at least im getting it dirty quick

Just an observation after your comment on FIFO expats, just working out the percentage of 'support the local community' is all:p

A day is all you will need for Birdsville, if you are doing the simpson, Dalhousie springs is worth a stayover....just be prepared for mozzies

[AndyG]

Yeah figured that, I FIFO twice a year, home is here. Been doing it since 61, one way or the other.

This is my first trip so easy, Birdsville, lake Eyre, Coober Pedy, coolgi ? Lakes,

Nothing too serious

[rovercare]

Yeah figured that, I FIFO twice a year, home is here. Been doing it since 61, one way or the other.

This is my first trip so easy, Birdsville, lake Eyre, Coober Pedy, coolgi ? Lakes,

Nothing too serious

That's 22 years longer than I have been alive:D

Enjoy, stop in every pub, talk to everyone and when you pullup, always light a fire, people will come for a chat

[AndyG]

That's the plan, no pub will go unsampled :)

[scarry]

No Defender will be worth buying as an investment.....if that's what ya want, buy a property or bank shares.
There will be no MY16,...not of the current Defender as we know it anyway.
End of the road is 20the December 2015, and some variants before that.
Pickles.

At the LR experience day yesterday the word was some models will be available for order by Aus. until approx. March next year.MY15 will be the last of them,no MY16.
Production has been extended,but they didn't know exactly which models but thought it was the 110.

I read somewhere, that in the UK,and it will probably follow over here,when an air bag is deployed in a vehicle,emergency services will be notified immediately.This is from the beginning of 2016.If one is deployed accidentally,there is a number you can ring so they don't turn up.
Actually not a bad idea,they recon it will save a lot of lives.

The main thing that has killed off the Defender is it can't or won't be modified to be fitted with air bags.

[Pickles2]

December 20th 2015 has been officially quoted by JLR as the date that the "Last Defender to roll down the line",..(End of quote).
Some models are already no longer available in Aus.
Of course in Aus, with ordering/transport, getting the order to Solihull etc etc, our "final ordering date", for the models remaining, will be,....when?
Better start thinking about your order? Pickles.
NB:, But, in terms of the O.P's post, it still ain't gonna be no "investment",...not in monetary terms anyway, but that ain't the most important aspect,...IMHO anyway.

[Leyland1980]

Anyone else bored of continual "when's it going to end" conjecture?

Remember there are posters talking about +60 year old vehicles in the series section so AULRO should still be going strong in 2075, I wonder how much a Keswick green Puma will be worth then;)

Also why isn't this post in the sticky?

[voltron]

The new and near new market of availabe Defenders in the country already tells me their wont be any investment potential any time soon. Go onto Carpoint and you'll see alot of great deals of cars available to pickup. There is even a 2013 model with 8000klm's on the clock which owes him $75k and he wants around $50k. Others who have owned them not even 12 months and already losing 10k with under 20000klm's on the clock.

Some great deals to be had at the moment, even brand new the asking price is a bargain.

[Pickles2]

Yes, Voltron is correct. There are some great deals around,...and they have been for ages, and continue to be.
If you're a serious buyer, have done your homework, and are prepared to sign, the deals are there.
I'd have to say though, that whilst not "investment value", that when the Dealers do have their final stock, and no-one can order anything anymore, then, IMHO, prices will firm up, and after that, when they are all sold, I would expect that any late model, low k Defender will hold its value pretty well.
Actually, it'll be interested to see what happens as "the time" gets closer.
I would suggest that there will undoubtedly be some unhappy buyers, who, for one reason or another, will miss out....and these are the buyers that will be looking at the late model vehicles I mentioned?
Pickles.

[EastFreo]

I just want mine to hurry up. Looked at a link the dealer sent me and I discovered that earlier today it was on board the Faust and just off the coast of Senegal and scheduled to arrive on Aug 29.

[reachjatt]

Please read fine print **MY16 DEFENDER NOT

[Pickles2]

reachjatt, well it's not beyond the realms of possibility that it wouldn't look something like that?
Pickles.

[tonyci]

I just want mine to hurry up. Looked at a link the dealer sent me and I discovered that earlier today it was on board the Faust and just off the coast of Senegal and scheduled to arrive on Aug 29.

At least yours is on a ship.
Mine isn't made yet. Long wait ahead I fear.
Cheers
Tony

[Tombie]

At least yours is on a ship.

Mine isn't made yet. Long wait ahead I fear.

Cheers

Tony


We got the build date for the wife's D90 last week, it will be built on the 27/08/14 ( in 21 days time ) and will arrive in November.

And yes, those leather seats with Cold Climate Pack should feel wonderful on days like those recently! :D

[sashadidi]

New Zealand dealers have apparently closed their books on the Defender no more new cars can be ordered in so the end of an era here at least. :(

[Pickles2]

New Zealand dealers have apparently closed their books on the Defender no more new cars can be ordered in so the end of an era here at least. :(
16 months before the end of production,.......I wonder why that is?
Pickles.

[Mike_S]

We got the build date for the wife's D90 last week, it will be built on the 27/08/14 ( in 21 days time ) and will arrive in November.

And yes, those leather seats with Cold Climate Pack should feel wonderful on days like those recently! :D

I'll be back in the UK then, want me to call past Solihull and take a photo of it ? ;)

[dullbird]

Guys if this thread is going to start talking about the end of the production as the main subject I'm just going to merge it with the thread in the sticky

[Didge]

I think the latest defenders will meet the same fate as the Series 3 models - new car comes along and is better and let's be honest, whilst we love them mainly for sentiment there are a lot of design defects that should have been fixed decades ago - how many cars are built for 60 years and still leak like a sieve in the slightest bit of rain??
The new defender is supposedly going to be all aluminium and stronger than the existing ones - even if it is a cross over between the current Def and Disco it should be better than both current models - I see little investment value myself. Collectable cars are a quirky business and you need to have broad appeal to see a car appreciate in value - just my 2 bobs worth :)

[AndyG]

Yeah, we prob need a 1,2,3 finish at Bathurst, and that's not going to happen, unless we pray for 500 mm of snow, :p

[moodog]

Andyg
The dealer I bought mine from was adamant MY15 the last and apparently Land Rover want to stop production as soon as they can.
Which is a shame really. I like them desire all the quirks and issues.
Tony

I have a one owner 2008 130 we got 2 months ago what a great buy very well look after.