Its a sad day.

[Disco Steve]

Ok, I am now in pretty bad debt after being of work for 3months and not being able to work properly for another 2-3months.
So I have 2 options
Take out a big loan and pay it back over MANY years
or
Sell the Disco
Now once everything is fixed in the disco what do people think it is worth???
Its a 2002 Disco2 TD5 185,000 on the clock. With Bullbar, CD and other 4wd extras I can leave in it.

[stevo68]

Hey Mate, bummer about the situation, can't say how much the Disco would be worth, not my area of expertise ( perhaps look at Redbook). In terms of taking out bigger debt or selling..........simple..........sell. You can always buy again when the situation is right, not easy, trust me I know, but better to put up the hatches now and batten down than to go the other direction. Good luck with it all,

Regards

Stevo

[DeeJay]

Yup,
Sorry to see anyone in that possy, better to sell while you have some degree of control.
I have been looking at that model as I will want to upgrade the missus Disco at some point (not now- sorry) and the dealers sell them for around $22- $25,000.
They are selling too as there are new ads all the time, especially as its a TD5.

[Slunnie]

Yep, if you have other transport...... then, sorry. It's just a machine at the end of the day, and I would assume that financially it would make a lot better sence to sell it. This said, I couldn't be further from being a financial advisor.

[Graeme]

It depends on how big a dent in the debt it will make and how much of a dent not having it will make in your morale.

[DirtyDawg]

Unfortunately these things are sent to try us and you have to remain positive and keep moving forward..The Disco is only a car and there will be others in the future...So don't be sad. " Excreta eventuarta"

[Utemad]

Sell it.

Otherwise later on when you do decide to sell it anyway the debt will be greater and the Disco will be worth less.

I assume that from what you have said you wouldn't be able to afford to use it or pay for 'Td5 upkeep' anyway.

[googe]

Hey mate,i went through this about 2 years ago due to 9 months off work injured.I sold most of my vehicles and toys :( but in the end it was worth it to be dept free,its takin a long time to get back on track but that feeling of no dept is the best feeling it takes so much presure off you :) Hope it all works out good luck.

Greg

:burnrubber:

[Quarks]

I've no experience whatsoever, but I reckon sell it.
In general, cars depreciate whilst debts accumulate.

You got yourself a Series III, so you're already heading down the right track! :D:D

[Cameron_Def]

Sell it.

Otherwise later on when you do decide to sell it anyway the debt will be greater and the Disco will be worth less.

I assume that from what you have said you wouldn't be able to afford to use it or pay for 'Td5 upkeep' anyway.

Whats this special " TD5 Upkeep " I keep on reading about (usually from 300tdi or V8 owners)

I feed mine Fuel, and oil every 5000k

Thats all ? ... people like you keep on with your online verbal diarrhea on about the td5 being a death / money pit ...

I do 700-1000km a week in mine, so I class it has a high use Defender, it sits in traffic all day, and has 400-500kg of gear in the back all the time, its at 180,000 and I have put 47k on it in around 12 months ... 2 Australia Crossings, and 2 trips to cairns ...!!

Cost me nothing but a new sump (I threaded mine) and some new brake disks.


Everyone here complains about everyone thinking Landrovers are money pits / break down ... NO WONDER when / if someone comes here and all they read is BS like the crap above.

sigh. ... I just want to make sure I am not missing out of a LR experience and getting the full fun out of my td5, and if others are getting this Upkeep crap I want some tooo!!!

[Utemad]

Whats this special " TD5 Upkeep " I keep on reading about (usually from 300tdi or V8 owners)

I feed mine Fuel, and oil every 5000k

Thats all ? ... people like you keep on with your online verbal diarrhea on about the td5 being a death / money pit ...

Settle down princess.

What I was getting at is IF something goes wrong with it how is he going to have it repaired? It sounds like he would struggle to put fuel in it. So how would he pay to repair anything IF it failed? Selling it broken would incur a greater loss than when all is well. I'm not saying it is a time bomb just that IF something fails it will probably be expensive.

Besides if my memory serves me correctly his Td5 did have a very expensive failure recently (warped head?) and he has alluded to such a failure in his opening post.

[googe]

[QUOTE=Utemad;621020]Settle down princess.
:lol2: sorry that cracked me up so much.

[RonMcGr]

What I was getting at is IF something goes wrong with it how is he going to have it repaired? It sounds like he would struggle to put fuel in it. So how would he pay to repair anything IF it failed? Selling it broken would incur a greater loss than when all is well.

True, 6+ grand for a motor??
Give me the V8 any day, motors are as cheap as chips :)

[Cameron_Def]

Settle down princess.

But I am all upset as my pretty dress got caught on my defenders door lock and ripped :o:o:o:o :mad:

[Utemad]

But I am all upset as my pretty dress got caught on my defenders door lock and ripped :o:o:o:o :mad:

Well there is your problem. You should be driving a Disco with all the other princesses.........ummm........:p

[Frenchie]

Well mine cost me and my aftermarket warranty people a total of approx $13000 in the last 18 months. :eek:

And it's not $6k for an engine, that's just for the head!

[George130]

By Tomorrow his disco should 100%. It will be in a situation new everything that might go wrong to. He has spent big money fixing it up. More than I did when mine went bang.

Steve
Once you have the series registered you then have the best off road toy and it should be easy to service and maintain. It's also more up your alley than the disco so think of it as an upgrade:twisted:.

Sorry Disco owners but a series 3 will live in the mud longer than a D2 without suffering loss of value.

[dobbo]

Steve don't worry


You have a real land rover now anyway.:D

[Disco Steve]

I reckon you should sell the Disco rather than go into more debt. When you get back to work I think you should then give serious consideration to a couple of things

1. Give up the expensive and physically damaging hobby (I assume it's that which has put you out of work due to injury?) and /or

2. Take out income protection insurance ;)

1. It was a car accident than injured me.

2. Done(

and I am back at work, but 2nd year apprentice wages aren't good with no OT or weekends.

[procrastination inc]

2nd year apprentice wages...

Jay sus!.. I struggled to rent a house and run a motorcycle on 2nd year apprentice wages...

bitten off more than you can chew? better to spit than choke:p

[Disco Steve]

2nd year apprentice wages...

Jay sus!.. I struggled to rent a house and run a motorcycle on 2nd year apprentice wages...

bitten off more than you can chew? better to spit than choke:p

I was working 65hr weeks though. and in my last job I needed a car that could tow.

[procrastination inc]

Big hours help heaps

In 1992, I cleared $1000 for 7 days of 12hr night shifts as a 3rd year.

It's tough when you have a set back when you are young and haven't built up a reserve :(

Best of luck with it fella:)

[Ken]

A man that makes a million dollars loses it and starts again without uttering a word of defeat is truly a noble man

Its only a car your wellbeing and shelter are much more important accept defeat pull up ya socks and soldier on

[Disco Steve]

OK well what do you think its worth???

[muddydigger]

My 2cents worth, not knowing a hell of a lot about your situation. Unless you can sell the Discovery privately, keep it. There is a lot of Discovery's on the market now, so getting good money for it will be hard. I just traded my 97 ES and only got $5000 for it. Discovery's are worth peanuts at the moment.
Get all your bills and total them up weekly, factor everything include rent, electriity water ect. Then work out if you have enough money to pay them. If not, see what can be reduced, like getting dial up instead of broadband, things like that. Ring your creditors and explain the situation you'd be surprised just how willing they are to help they may defer payments, or reduce them or even offer a payment plan. Then pay your bills every week not fortnightly or monthly. There are more weeks in a year than months so you eventually put your self in front and smaller weekly regular payments are easier to manage than monthly larger ones. Only sell the car if really really have to. Buying and selling goods never puts you in front. Try to keep it at all costs. It may well be hard but you can come out of it. Best of luck Ive been there it hurts but with help I came out of it, you can too.