D2 TD5 prices take a hammering

[owoodland]

Can I just say, what the hell has happened to the prices of TD5s in the last few months?
I paid about $20k for mine 18 months ago after I had the head, fuel block, oil cooler, etc etc fixed. It runs like a dream since.
I have tried advertising it as low as $15k here in Perth and I haven't had a single call on it. Not one! And I reckon it's as good as you'd find for the money.
It was the cheapest in the paper for 3 weeks running and not a single call! HA!
Now I flick through the paper this week and see dealers with D2 TD5s for $13-14 k (not to mention one that was sold 'as is' for $10k a couple of weeks ago).
I wonder if even they are selling. I'm loath to part with my D2 for less money, considering that the prices are just dropping like a stone.
I note that people are still asking the same money for D1s that they were a year ago (including D1 tdis) - starts making the D2 look like a very attractive proposition for a buyer....

Anyway, that's my gripe for the week!

Owen.

[Slunnie]

Probably connected to the US dollar.

The TD5 is a bit like LR in general, with an undeserving reputation especially amongst those that dont have them.

[Utemad]

You have a Land Rover and you're surprised that the resale is crap?

You paid $20k for it 18 months ago. What year and model is it?
Assuming it is a base model 1999 then it would have been about $50k new.
So it lost $30k in seven year. I bet you were happy with its poor resale back then.

[simonl8353]

A buyers market for these vehicles, and will only get better :) (providing you never sell).
Also very useful for some of us :angel: to pursuade SWMBO its not worth selling anymore.

Typically, the D2's drop in value by 12%/yr which is why so many well maintained older ones and even older D1's are used by AULRO members, they'll never get the return on all that TLC.

To give more useful info, really need your TD5's year of manufacture and options, auto etc.

But to go with, check out a 1999 TD5 Auto current pricing at "Red Books" at Land Rover Discovery Prices & Used Car Values - Red Book (http://www.redbook.com.au/used-cars/details.aspx?acv=scXeyjisi68.&__Ns=p_Make_String%7c0%7c%7cp_ClassificationType_S tring%7c0%7c%7cp_Family_String%7c0%7c%7cp_Year_Str ing%7c1%7c%7cp_SequenceNum_Int32%7c0&__Nne=15&Cr=1&__N=0%204294953958%204294967202%204294965252%20429 4904363&SearchAction=N&__sid=11C66F2BC877&R=78237)

Best time to upgrade I reckon! :p

I used this site for research and ended up paying $12k for one of these which came with a sunroof http://www.redbook.com.au/used-cars/details.aspx?__Nne=15&__sid=11C66F2BC877&R=78238&__N=0%204294953958%204294967202%204294965252&__Ns=p_Make_String%7c0%7c%7cp_ClassificationType_S tring%7c0%7c%7cp_Family_String%7c0%7c%7cp_Year_Str ing%7c1%7c%7cp_SequenceNum_Int32%7c0&Cr=4, At the time most were around the $18k mark (Nov '07).

Discoverys are like dogs, you own it for life.

[LandyAndy]

FUEL PRICES!!!!
Just look at the prices dropping on ALL big 4x4s,and V8/6cyl sedans.At least ours are actually fuel effecient!!!!!!
You can get some real cheap high HP vehicles at the moment.
People hocked to the eyeballs buying dream homes just cant afford the driveway decorations at the moment,nevermind the house repayments.
Andrew

[Zute]

If they keep dropping in price, I might buy a second one. Maybe chop it into a ute.

[Grumndriva]

The most interesting thing about the Red Book price info is that it shows that the V8 is apparently now worth a little more than the TD5!

[tempestv8]

Everyone must be taking their eyes off the TD5 and looking for used Disco 3 TDV6s now....

[simonl8353]

The most interesting thing about the Red Book price info is that it shows that the V8 is apparently now worth a little more than the TD5!
Not quite, I was showing off (again) about my V8 ES (has ACE, SLS, Fog lights, leather and all that other bling) priced at $66k when new in '99.

If you compare like for like the '99 D2 V8 auto base model $49.5k and the '99 TD5 auto base model $51k they are now valued around $9k-$10.8k and $10.6k-$12.6k respectively. Based on those figures the TD5 should still today fetch $1.6k more than a V8 which kinda demonstrates the increasing popularity of the Diesel and fuel cost concerns as this was the same $$$$ difference when new. ie you'd have paid 3% more in '99 for the diesel over the V8 and today a whopping 16% more now for a '99 diesel version over the V8.

[Shonky]

I am looking to buy a D2 in around 8-12 months to replace my ageing Fairmont Ghia.

...understandably, I am quite happy that they are plummeting in value! :D

I had my heart set on a TD5, but seeing as the V8s are going for a good few grand cheaper, it may be worthwhile getting a V8 on gas instead.

I would rather a TD5 though...

You can get a good 'un for around $15,000 at the moment. In a years time they will have dipped into the 12/13k range.

Not so good if you are a seller, but hey - that's life diddums!

[4X4V8]

I am looking at all sorts of different cars atm to buy and lots of them are dropping in value.

Saw a 99 D2 V8 auto yesterday at a used car yard for $9900, with 96,000km on it. Mine, a 99 D2 V8 manual, was $12.5k 4 mths ago with 88,000km! Yeah keeping my dog Rover for a while, I reckon...

What's hard as a used-car buyer though is convincing the private owners of what appear to be good cars that their little pearler is worth more than the junk out there, but not double the price, which is what they are asking!

Resale values in Australia have historically been propped by tariffs to protect the local industry but as they have dropped and as the economic boom also made ripe the conditions to boost the new car market, this is the result. Better get used to the concept of new cars not being worth much after a few years.

[LandyAndy]

Grab them,you will love them.
Got my TD5 D2 for $14990 4 years ago.Had 198000ks at the time.Has ACE wich was a $4000 option when new.
Despite having to fix a few D2 issues,its an awsome vehicle.Nice to drive,looks a million bucks,cheap as on diesel and with the few mods Ive done is VERY capable off road.
Fuel prices are hammering all big vehicles.The TD5 is bloody good for its size/weight.Grab them whilst they are cheap,even with un sorted TD5 issues,they are alot of vehicle for the $$$$
Andrew

[DiscoDan]

Paid ten for mine last month TD5, 7 seats with leather and ACE with 220 on clock, I have had a helper remove the D1 gear to put on it, just had the muddies fitted this morning and the lockers will be weekend after next.

D1 should be on sale then.

The guy I bought off was offered 4k as trade-in, yard would not touch V8.

If you want one buy it, if you have one, don't sell:D

[jmkoffice]

I think next year will see D2's start to get really cheap as the first of the D2's - 99 models will be 10 years old. Correctme if I am wrong, but when a vehicle gets to 10 years and/or with 200,000 + kms, dealers either do not touch them or trade/sell them for a song?

[mikecmb]

I follow the prices of landrovers in Perth each week. You can now get a series 3 for $35,000 thats advertised. At the auctions they are going even cheaper. Its the series 3 prices that are killing the d2.

I have decided to keep my d2 and do all the radical things to it like a lift ,big wheels ,winch etc. Now that it not worth as much I can start to enjoy using it for what it was intended. anyone want to buy a nice set of shiny 18" mags and goodyear wranglers. :D

Mike

[grover7488]

hi

my first D2 was a 99 TD5 auto (sold it last year for $19500 - 145km) awesome car but a bit long in the tooth. My latest is an 03 V8 man ($13000 - 75km), had Range Rov (melb) fit gas ingection OMG!! :thumbsup:Awesome!! $11 to go 100km! Ha! Like running our 1.8 Barina! Limited range not great if you want to do long distance touring but for those of us that wheel close to home a very viable option. Now with the money saved, onto the mod list............:D

[mike 90 RR]

Ive just come back from a little trip into Claremont .... NEW RANGIES EVERYWHERE :cool:

..... All I can think is ... Beauty
... Look after them folks /// Thats it, make sure you fix & drive all the bugs out of em ;)

... They will be in my price range in 10 years :) :cool: ..... Black one please ..... :D

Signed

Wrapped

:)

[ntguy]

All I can say is bring it on.

I am hoping to pick up a TD5 Auto soon, just got to save a few K more and I should be able to pick one up.

Budget is around 12k, which at the moment seems there is a bit of choice out there.

Spoke to one guy with a manual TD5, one owner with books etc etc. He has been trying since March to sell it.




Bring it ON

:):):):)

[LandyAndy]

How about "other" 4x4s:eek::eek::eek::eek:.
1998 Maverick(Pootrol) 4.2 petrol on gas,immaculate,320000ks.Boss' son bought it for $5000.Local owner from new.GREAT BUY!!!!
Its all they offered as a trade in.
Andrew

[Captain_Rightfoot]

People are dumping 4wd's in general. Most people who buy cars like discos rarely use them off road. Instead they are buying small cars.

Of course the interesting thing is that a disco uses the same amount of fuel as many medium size cars and substantially less than large cars. But, most people aren't big on detail....

Interestingly, the defender twilight resale reality distortion field seems to be taking the hits and holding strong. :D

EDIT: I think the disco (particularly the d2) is a bloody great car and if I was in the position where I had a choice between a d2 and a defender I'd now go a D2 as they are sensational value. :o Also the electronics in the disco no longer scare me since the Nanocom. I could handle that!

[Topcat]

G'day all,

Chris here, I'm new to the site and have always had a soft spot for the Discoveries. My girlfriend and I are looking at purchasing a Discovery for getting up to the topend etc. so I'm happy to hear that the prices are dropping (sorry to all those selling). I'm learning all the time about these vehicles and am concerned with the problems some of them seem to display. We are looking at a later model TD5 2003-2005 (probably an auto), what sort of price should i be looking at paying for a good vehicle and what pitfalls/problems/traps should I be wary of. By the way we are located in Mackay and are wondering also if it is best to look interstate for potential vehicles? Sorry I'm a newbie at all this Landy stuff but I am keen as mustard to learn and love the look of the Discos (always have), I currently own a AU 1 Falcon ute and have previously had SWB Landcruiser 1980 BJ42 4cyl Diesel (which was a great but rough little truck, could pull a house off its stumps that thing).

Cheers

Chris

[mike 90 RR]

Welcome to the forums Chris


As far as car dramas ..... All makes (toyo / Patrol / Mitsi / ect) have there dramas


Car prices ..... Read the car sales paper ;) as they vary from state to state

TD 5 ..... Dunno ... never owned one

Gear box .... My vote for the Auto :) especially in 4x4 work and cruising ... However ... manual has hi-load / tow advantages

Reliability ? .... Depends on WHY the previous owner traded it in, and how they treated it as far as looking after it

With a keen eye , patience , and a nose for a good deal (NOT necessarily based on the cheapest price going) .... you will get a TOP vehicle

Personally tho .... V8 for me :D

Mike


:)

:)

[PhilipA]

I had a look at Discos from 10k-20k on Carpoint last night after reading this thread .
There were VERY few TD5s with less than 130-140 K kms and many over 160.
It seemed that around $17-18 K there were some TD5 with more reasonable Ks say 130 , but you can get a really low k V8 for that money, say 60Kkms.

All things being equal you are going to get many more trouble free years out of a low K V8 than a high K TD5 ( or high K V8 for that matter). Fuel costs pale compared with a head gasket/head/injectors on a TD5.

There were a couple of cheap TD5 in WA so maybe there is a glut there.
But there were a LOT of Discos in total IMHO compared with those sold new.
My impression is that Victoria is the best place to buy.
Regards Philip A

[4X4V8]

All things being equal you are going to get many more trouble free years out of a low K V8 than a high K TD5 ( or high K V8 for that matter). Fuel costs pale compared with a head gasket/head/injectors on a TD5.I agree, but even low-kay V8s can have problems. The worst that can happen seems to be overheating and slipping a liner. I pray that does not happen to my V8, but as I mentioned here a few months ago, my 99 D2 V8 appeared to have a partially blocked radiator at 89,000km...

After i got the radiator fixed, it had a cracked exhaust manifold that I had to replace (not suggesting they are related, just surprised that a one-owner car with perfect history could have these items needing attention).

I still get a slight engine ticking noise from my V8 which might be an incorrect gasket fitted to the new manifold or perhaps the oil grade is too light but in the absence of any other symptoms I am not going to chase my tail on that one - let's call it 'character'

[mike 90 RR]

I agree, but even low-kay V8s can have problems. The worst that can happen seems to be overheating and slipping a liner. I pray that does not happen to my V8, but as I mentioned here a few months ago, my 99 D2 V8 appeared to have a partially blocked radiator at 89,000km...

After i got the radiator fixed, it had a cracked exhaust manifold that I had to replace (not suggesting they are related, just surprised that a one-owner car with perfect history could have these items needing attention).

I still get a slight engine ticking noise from my V8 which might be a LOOSE gasket fitted to the new manifold or perhaps the oil grade is too light but in the absence of any other symptoms I am not going to chase my tail on that one - let's call it 'character'

Grab a socket and tighten the manifold bolts / both sides.... 50/50 on being loose ... :)
Radiators should always be checked every couple of years .... after a certain "time frame" from new ... Run a filter sock in the top radiator hose ...

:)

[ntguy]

Hey I have a business in Mackay, although I spend a lot of time in Canberra and OS.

I wouldnt buy a car in Mackay. My pick would be either Victoria or NSW.


Pick several to look at in Melbourne, get a cheap Tiger Airfare. Hire a car and go and buy one.

Then nice little trip home.

Cheers

[Johnsy]

Hi Chris,

Welcome to the forum, I was in the same boat as you in Feb this year when i had to replace the disco my mrs rolled (see avatar pic!!)
I would be flying down to any of the major capital cities and driving back, or freight the new car and fly back (not as much fun as a road trip and its a good opportunity to get to know your new baby!!!)
I would be seeing the fellas at Land Rover Spares (LRS) in Mackay on your return to get servicing etc, may even be worth ringing them to see if they know of anyone selling what you are after locally....

Cheers,

Johnsy

[Topcat]

G'day everyone,

alright I have a few more questions for the panel:


If I were to look at purchasing a Td5 how many km on the clock would seem reasonable for a 2003 - 2004 vehicle?
I'm curious about the manual transmission, how easy is the clutch and gear change as my girlfriend will have to be able to drive the vehicle easily?
What specific Discovery questions should I be asking prospective vendors so as to get a good idea as to whether they're being relatively honest in dealing with me?I know this is a lot ask of everyone but I just want do everything I can to avoid any major problems, thanks for your help in advance.

Cheers

Chris

[Johnsy]

Hi Chris,

I am no expert but I will try to help!!!

1. Average of 25000k a year means for a 4 or 5yr old car expect 100-125000k average.
2. Manual transmission... Dunno, I have had Autos for the last 10yrs...:D
3. Questions to ask vendors....mmm theres a raft!!! (and they probably won't mention *everything*) best to check log books and service history.
Some common faults are the ABS/HDC/TC Lights (aka the 3 Amigos) normally a wheel sensor fault but can also be the ABS modulator ($$), umm oil in the ECU harness, but if you do a search on this site you will find the majority discussed at length by people much more experienced than me!
Best to get an independant Land Rover mechanic to give your prospective new rig the thorough once over before you finalise the contract, and get some warranty thrown in!!;)

Best of luck...

Johnsy

[sniegy]

Hi Topcat,
I actually work for a dealer.:D
We have a range of D2a's for sale which vary in price due to km's, condition, extra's etc.
MELBOURNE CITY LAND ROVER, LAND ROVER, MELBOURNE, VICTORIA, AUSTRALIA (http://www.mlr.com.au/index.html)
There are a few more in stock that are not on the web.
Web is being updated soon as the gent who does it has broken his leg:(

If u need to chat give me a ring direct 96841021, I am not a salesman but can help get a better price if needed. Can give some honest thoughts on the vehicles if interested.;)

Do u have a color pref, int color pref, accessories, price range etc etc.

Cheers.

[akelly]

Hey All,

I could be wrong, but haven't we seen all this before with other models of Land-Rover? I seem to remember County prices dropping like a stone at a certain point then stabilising at about what they are realistically worth. The D1 did the same.

Rangies certainly do this, perhaps a little faster than the other models...:wasntme:

I'm a D2 owner and not about to sell, but I bought the car 5 years ago knowing I would never get even 1/2 of what I paid this far down the track.

I think the lesson with Landies is to either get in and out quickly if you want to minimise loss (and keep buying fairly new ones) - or buy the car you want and keep it until it dies (or keeping adding accessories until it collapses under its own weight!)...

The main thing is that we buy these trucks because we love 'em - only a goose would buy one thinking it was an investment! Christ, look at the price a fully restored series brings - you cant even buy the parts for that sort of money. Nup, better to buy the one you want and enjoy the hell out of it - thats my theory, money be damned (within reason of course)!

Just my .02, adjusted for inflation.

Adam