View Full Version : Defender pricing double red book value ????
lokka
10th February 2009, 07:35 PM
Gday all
Soon to be in the market for newer landy and i am looking at mid to late TDI fenders well i was till i seen the price tags 18-21K for a 97-98 180K+ fender is crazy as red book value such trucks between 7.5-10K mark whats going on 3 years back my mate payed 9.8K for a >200K 96 TDI fender in pristein condition ...
At this rate il unfortunately looking at other options 80 series GXL's in TD around 95-97 are selling for 7-12 K which is about right with the red book guide ....
Sowhy are defenders so exxy has anyone sold or purchased on reacently and what was the price ???
Cheers
Chris
DeeJay
10th February 2009, 07:40 PM
Gday all
Soon to be in the market for newer landy and i am looking at mid to late TDI fenders well i was till i seen the price tags 18-21K for a 97-98 180K+ fender is crazy as red book value such trucks between 7.5-10K mark whats going on 3 years back my mate payed 9.8K for a >200K 96 TDI fender in pristein condition ...
At this rate il unfortunately looking at other options 80 series GXL's in TD around 95-97 are selling for 7-12 K which is about right with the red book guide ....
Sowhy are defenders so exxy has anyone sold or purchased on reacently and what was the price ???
Cheers
Chris
THere was a comment recently made by someone here in Vic saying they were thinking of trading in thier 2000 TD5 and were getting quoted around $12,000.
Dealers add about $5K don't they?
landyfever
10th February 2009, 07:43 PM
I've just sold a 94 defender 110 tdi for $12000 & the buyer was well pleased !! I alot of other interest aswell.
Xavie
10th February 2009, 07:43 PM
Yes, Lokka. I've been looking at the market for a few months now and know what your saying. But the really expensive ones just don't seem to sell. It is ridiculous the cost of some though.
spudboy
10th February 2009, 07:45 PM
I think red book prices are lower than what's actually paid because of chronic "under-reporting" when people sell their cars, because it lowers the stamp duty.
Bundalene
10th February 2009, 07:54 PM
Hi, If you are seriously looking and find something you like, you have to make the seller an offer - no matter how ridiculous. Often the prices asked are unrealistic and no one looks. If the seller needs to sell they will accept or try to negotiate or at least keep your number.
I have a mate who was trying to sell his Troopie - all the extras - around the middle of last year. All the adds were between $19,000 and $22,000 at the time. After about 8 weeks, heaps of outlay on adds, no one phoning ... he sold it to a dealer for $15,000
Erich
DeeJay
10th February 2009, 07:55 PM
I think red book prices are lower than what's actually paid because of chronic "under-reporting" when people sell their cars, because it lowers the stamp duty.
Here in Vic, the insurance companies can access the stamp duty paid online & if you declared you paid $5,000 for a 2001 defender & you write it off, guess what the payout figure is going to be. No prizes for correct guess:(.
Its the buyer who pays stamp duty, but seller has to sign transfer forms with sale price on it too.
naradataranto
10th February 2009, 07:56 PM
I would agree that the red book price is not a true reflection of the market.
I looked for five months before I got my 94 300TDI.Paid $12000 from a dealer asking 15k for it.
235,000 on the clock and about 8k later it's sweet but I could not find one under 12 that was any good. plenty had rust in the doors and firewalls, so look out as no one seems too keen on repairing rust on fenders at a reasonable price.
15k to 18k seems to be the mark for sub 2000 model 300Tdi fenders unless your in SA.
Good Luck
lokka
10th February 2009, 08:00 PM
I think red book prices are lower than what's actually paid because of chronic "under-reporting" when people sell their cars, because it lowers the stamp duty.
Well that said why are most other brands within range surely red book cant be that far out FFS ....
Another thing ive also noticed is people listing mods/extras with costs i think there trying to reddem the money they out layed it dont work not in the current market or any other for that matter ....
I priced a county a 4BD1 8.5K <400K rusty firewall and doors and wont budge on price best of luck with that ..
spudboy
10th February 2009, 08:02 PM
15k to 18k seems to be the mark for sub 2000 model 300Tdi fenders unless your in SA.
What's special about South Australia?
spudboy
10th February 2009, 08:03 PM
Well that said why are most other brands within range surely red book cant be that far out FFS ....
Maybe Land Rover owners are way more flexible with the truth than other brands :D
ashley
10th February 2009, 08:04 PM
I paid 15k for a 98 tdi 130 with 200+ ks, then spent about 2 getting it roadworthy...about four months ago
i know another sold at the same time for the same price sight unseen...
there was one in Bright VIC for 15k about a week ago that looked ok if that's nearby
naradataranto
10th February 2009, 08:09 PM
What's special about South Australia?
Dont know maybe their is more mineral in the water but the prices are more realistic than the East coat. It's crazy over here.
Oh and the fishing's better in SA as well.
Love those Samson, Amber,Blue Fin and snapper
JDNSW
10th February 2009, 08:20 PM
Right at the moment, the economic situation is so uncertain that nobody really knows what cars (particularly fairly rare ones like Defenders) are worth, least of all Red Book. There are probably only a few sold each week over the whole country, and the price depends very much on whether there are more buyers or sellers in the particular location this week - most buyers only look at (fairly) local ones.
But having said that, a lot of sellers (not only Landrover) have an inflated idea of what their car is worth!
John
lro11
10th February 2009, 08:50 PM
I've just sold a 94 defender 110 tdi for $12000 & the buyer was well pleased !! I alot of other interest aswell.
I could not sell my 94 defeder ute with 120k on the clock for $15k back in 2002 and now my 2002 disco 2 with 86K on the clock is worth nothing I am better off driving it into the ground than borrowing another $50k to upgrade.
PAT303
10th February 2009, 09:05 PM
I know were your coming from lokka,I looked for a second hand one but they were too dear then(1998) so I bit the bullet and bought a new one,I've never regretted it. Pat
Chucaro
10th February 2009, 09:13 PM
I do not believe on the Red book, and I think that Defenders are one of the vehicles that keep the value very well.
Defenders 110 197/98 are selling for up to $ 18000 which is twice the value of a Disco Tdi of the some year.
The cost of fuel and the economy of the Defender made it a very attarctive big 4wd vehicle
incisor
10th February 2009, 09:24 PM
defender cost 18 odd to buy and you are flat out getting them insured for 11
disco same year cost 10-12 rust free in good nick and i could get agreed value for 17
i just had this out with my insurer, suncorp.
maximum agreed value on an 85 4bd1 county is 5500...
i said to them try buying a rust free one for under 9k, you wont find one.
they said if i get a valuer to cert it for more than 5500 they will do agreed value for that cert value.
so i took market value and once i paint it i am off to a valuer to see what can be done..
redbook is bull**** in the 110 world...
Sprint
11th February 2009, 06:25 AM
redbook is waaaaay out on what real car prices are, especially when it comes to trade-in values
Chucaro
11th February 2009, 06:39 AM
API insured my Defender 1994 for $ 15.000
Reads90
11th February 2009, 07:13 AM
We bought a Defender about 2 months ago. It is a 99 300TDi one of the last in Green. Has twin Batties, twin tanks, Warn 10,000 winch , bull bar, Snorkle, full length roof rack, UHF radio, outback rear draws, child restrant bar, and full tint alround
It has been well looked after and was an inland car so seen no beach work and is mint inside, and pretty much mint outside. Had alot of stuff replaced before we owned it (by the last owner).
We paid $16,500 for it and i thought that was a bargin. But took us along time to find a defender . We were looking at an early TD5 but when we saw this with all the bits on that i would want to put on one i bought it .
https://www.aulro.com/afvb/images/imported/2009/02/693.jpg
https://www.aulro.com/afvb/images/imported/2010/12/89.jpg
But as for the red book , we had one in the uk call the Parkers. They used to do the same thing , that they under priced 110 and 90's by huge amounts. I had a mate who phoned them up to check that they had a mint 90 was worth £5000 and you could not find one on the street in any condition for £10,000. They said they were right so he told them to go and find him some and he will have 5 of them at that price and give them £1000 finders fee. As he could go and sell them for £10,000 each the next day . They put the phone down on him :)
Chucaro
11th February 2009, 07:30 AM
You have a bargain!! I was shopping for a Defe at that time as well and the 1996 to 1998 Defes were selling for about $ 18000 and lasted on the paper only a week.
Only the ones in remote areas lasted longer.
stevo68
11th February 2009, 07:51 AM
I've been looking at some fender prices and see it as 2 fold. One is that some sellers are dreamers...the price they are asking on 8-10+ yr old fenders is ridiculous. The other side of the problem is if you get people inane enough to buy them at such a high price....it becomes a never ending circle. At the moment it is a buyers market...not a sellers....so screw them down and get a fair and reasonable price,
Regards
Stevo
Reads90
11th February 2009, 08:07 AM
I've been looking at some fender prices and see it as 2 fold. One is that some sellers are dreamers...the price they are asking on 8-10+ yr old fenders is ridiculous. The other side of the problem is if you get people inane enough to buy them at such a high price....it becomes a never ending circle. At the moment it is a buyers market...not a sellers....so screw them down and get a fair and reasonable price,
Regards
Stevo
I don't really think it is a buyer market with defenders, as already said they are selling pretty quickly as it is, D2's on the other hand are the other way round. Saw a mint oslo blue D2 V8 2001 with all the toys for $9000 in a dealer, cheap car .I bought my110 from a dealer in Brisbane and he had a chap from perth and one from Melbourne coming to have a look that week. And i don't belive that was a line .
But there are some people who are asking for dreaming money. There is a place in Brisbane that sells a few disco's and defenders and they ask really silly money for them . But they seem to be turning the stock quite regulary so some idiots must be buying them from them .
abaddonxi
11th February 2009, 09:01 AM
Dunno what Defenders you guys are shopping for. The internet sites I just looked at have ten or so at under $16k. Mine's been up for sale since the beginning of December with very sporadic interest.
Maybe it's a NSW thing.
Simon
Reads90
11th February 2009, 09:07 AM
Dunno what Defenders you guys are shopping for. The internet sites I just looked at have ten or so at under $16k. Mine's been up for sale since the beginning of December with very sporadic interest.
Maybe it's a NSW thing.
Simon
mmm but are they like in real life, most of them are real dogs in real life :)
Chucaro
11th February 2009, 09:10 AM
Dunno what Defenders you guys are shopping for. The internet sites I just looked at have ten or so at under $16k. Mine's been up for sale since the beginning of December with very sporadic interest.
Maybe it's a NSW thing.
Simon
In Qld I lost 3 Defenders in December including a 130 within a week.
I found the 1994 just out of the blue.
I was chasing a Defender 196/98 with less than 200000 km and they go before I can have my cash in the pocket:(
Where are you placing your ads?
In the Trading Pots was only one 1998 Defe 130 here in Bundaberg for 18.900 and was sold in 4 days. I was prepared to buy it.
stevo68
11th February 2009, 10:01 AM
I don't really think it is a buyer market with defenders, as already said they are selling pretty quickly as it is, D2's on the other hand are the other way round. Saw a mint oslo blue D2 V8 2001 with all the toys for $9000 in a dealer, cheap car .I bought my110 from a dealer in Brisbane and he had a chap from perth and one from Melbourne coming to have a look that week. And i don't belive that was a line .
But there are some people who are asking for dreaming money. There is a place in Brisbane that sells a few disco's and defenders and they ask really silly money for them . But they seem to be turning the stock quite regulary so some idiots must be buying them from them . Hey Reads...I was referring to a buyers market in general. Ive seen somewhere recently a 98 Fender TDI for $21k :eek:....thats dreaming.
Take this into consideration....assuming you could find funding for an 11yr old vehicle.....as person is unlikely to be paying cash...and if they are, they need their head read. Rate will be high and term likely to be short.
Forgetting that.....I worked rough repayments would be around $493 p.m over 60 mths for the above 11 yr old vehicle.
Compare to a new/ demo fender at around $48k with a 35% R.V over same 60 mths....repayments of around $721 p.m.
So the difference between an 11yr old vehicle with probably 150-200 thousand kms on it....versus a vehicle with 5000kms on it...plus warranty is $50 per week...give or take a cent.
Whether one likes it or not...redbook is a guideline...it is how many insurers and funders will value a vehicle....for this vehicle the following:
Private Price Guide$8,200 - $9,900 * Trade In Price Guide$4,900 - $6,600 * Average Km165,000 - 275,000 * Price When New (RRP)$39,990
See dreamin :D,
Regards
Stevo
ATH
11th February 2009, 11:06 AM
When I was selling a 2003 Td5 2 years ago with 66K and very clean, Redbook said around 23K.
Go to a car yard and you'll get lots of head shaking and offers to take it off your hands as a favour for very little cash, and they'll stick a heap on it and sell it virtually immediately!
I sold mine in 3 weeks with lots of inquiries for 38K.
I'm now selling my 97 300 Tdi with 150K, very good internally, electrically and mechanically (body is average Deafener but no serious damage) for 18K and I won't sell it for much less, in fact for stupid offers the price goes UP.:)
It would be nice to be able to buy cheap ones but as there aren't many around, I think you're going to wait a long time or get very lucky.
Good luck anyway.
Alan.
Camo
11th February 2009, 11:17 AM
When I was selling a 2003 Td5 2 years ago with 66K and very clean, Redbook said around 23K.
Go to a car yard and you'll get lots of head shaking and offers to take it off your hands as a favour for very little cash, and they'll stick a heap on it and sell it virtually immediately!
I sold mine in 3 weeks with lots of inquiries for 38K.
I'm now selling my 97 300 Tdi with 150K, very good internally, electrically and mechanically (body is average Deafener but no serious damage) for 18K and I won't sell it for much less, in fact for stupid offers the price goes UP.:)
It would be nice to be able to buy cheap ones but as there aren't many around, I think you're going to wait a long time or get very lucky.
Good luck anyway.
Alan.
LOL 18k for an old disco:eek:
there is one on carsales for 4k with same k's.. offered 2.5k for it but will only take 3.8k
if its a good one I will give ya 5k for it:p
Camo
ATH
11th February 2009, 11:19 AM
It's just gone up!:D
Reads90
11th February 2009, 11:21 AM
LOL 18k for an old disco:eek:
there is one on carsales for 4k with same k's.. offered 2.5k for it but will only take 3.8k
if its a good one I will give ya 5k for it:p
Camo
Just as well he is selling a defender then and not a disco :D
Camo
11th February 2009, 11:30 AM
ah crap didn't see that!
3k then:p
Reads90
11th February 2009, 11:32 AM
ah crap didn't see that!
3k then:p
Thats ok the clue was in the title :D:D
coor disco and rangie drivers ehh :D:D
stevo68
11th February 2009, 11:35 AM
ah crap didn't see that!
3k then:p
Im more concerned with Camo's avatar...he gone ...ya know on us or what :D,
Regards
Stevo
Camo
11th February 2009, 11:35 AM
yeah yeah
in all honesty I would like a defender one day.. would make a great farm truck:cool:
stevo68
11th February 2009, 11:41 AM
Aww Camo...what happened to your avatar with this cutey pic :twisted:
https://www.aulro.com/afvb/images/imported/2011/02/295.jpg
Giss a kiss will ya :p......
Apologies for off thread comments :wasntme:. Ill be fair ATH...Ill give ya $8 and a case of Guiness :D,
Regards
Stevo
Camo
11th February 2009, 11:42 AM
now its on!
your are a dead man walking stevo:twisted:
George130
11th February 2009, 11:47 AM
Lokka I'll sell you mine for $20,000:)
juddy
11th February 2009, 12:53 PM
I had a problem when i was looking, one finance company said that the Defender i was looking was only worth 12k , and not 18k as advertised, they based there prices on Red book, and what a dealer would give as a trade in, which does not reflect on what its up for, alot depends on age condition etc, dealers are rips off merchants...
Chucaro
11th February 2009, 01:04 PM
I am not sure about that.
If the Defender in the Red book worth $12000 and the dealer have to add cost of running the business plus any possible warranty claim a charge of $ 4000 would be the minimum which I will put on the top of the cost of the vehicle.
lokka
11th February 2009, 05:42 PM
Lokka I'll sell you mine for $20,000:)
Mate il give ya 10k you keep all the goddies outa it and the motor and box then i can fit a real engin in it a 4BD1 :D:D:D:twisted::twisted::twisted:
Wortho
11th February 2009, 06:20 PM
Paid 16500 for a 98 Tdi in connaught green with 52k on the clock still has OK sticker on the transfer case, was still on original tyres(not now though). My wife's car and she loves it that much she won't let me drive it:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(:(
D3Jon
11th February 2009, 07:15 PM
Gday all
Soon to be in the market for newer landy and i am looking at mid to late TDI fenders well i was till i seen the price tags 18-21K for a 97-98 180K+ fender is crazy as red book value such trucks between 7.5-10K mark whats going on 3 years back my mate payed 9.8K for a >200K 96 TDI fender in pristein condition ... <snip>
Chris
Here's a couple of 1997 Defenders, one of them is $8500 :o
https://www.aulro.com/afvb/https://www.aulro.com/afvb/https://www.aulro.com/afvb/
https://www.aulro.com/afvb/images/imported/2009/02/933.jpg
On http://www.tradingpost.com.au (http://www.tradingpost.com.au/) right now.
Jon
Chucaro
11th February 2009, 07:28 PM
350000 km :eek: no wonder is going for $ 8.500.
The ones bellow 200.000 km are on the $ 16000 + if they are clean and in good condition ;)
digger
11th February 2009, 07:47 PM
What's special about South Australia?
SHAME ON YOU SPUD!!
---where to start???
stobie poles!.... (metal encased concrete poles for power..no burning!)
Farmers Union Ice coffee-- (the ONLY ice coffee-all else is impersonation!)
Pie floaters-- (thats a pie buts up in a sea of pea soup..mmmm)
Coopers beer....... (all natural beer...pale ale..mmmm, stout...mmmm) and its still a family owned (australian) brewery!
The outback.... (well some of it!!!)
The flinders ranges fantastic,
The west coast fabulous
The crows!!! (maybe thats a tad one eyed but YAY!)
(oh and spud, I know what you were saying!!)
AND SO SO SO MUCH MORE!!:D
so now I ask....whats NOT so special about SA!!
cheers
Digger
V8Ian
11th February 2009, 09:25 PM
SHAME ON YOU SPUD!!
---where to start???
stobie poles!.... (metal encased concrete poles for power..no burning!)
Farmers Union Ice coffee-- (the ONLY ice coffee-all else is impersonation!)
Pie floaters-- (thats a pie buts up in a sea of pea soup..mmmm)
Coopers beer....... (all natural beer...pale ale..mmmm, stout...mmmm) and its still a family owned (australian) brewery!
The outback.... (well some of it!!!)
The flinders ranges fantastic,
The west coast fabulous
The crows!!! (maybe thats a tad one eyed but YAY!)
(oh and spud, I know what you were saying!!)
AND SO SO SO MUCH MORE!!:D
so now I ask....whats NOT so special about SA!!
cheers
Digger
You jest surely
You've either and/or been there too long.........been brain washed ;):D
eckwalsh
11th February 2009, 09:31 PM
I sold my 2003 TD5 (pic Above) about 6 months ago for $27k. It had 108k on the clock, B/bar, snorkel, warn winch, Tinted windows and was in excellent condition. Dealer said he would give me $18k-22k as a trade. Took 2 weeks to sell it parked out on the highway near my house.The lady that brought it said it was by far the dearest one she had looked at but also in the best condition. I was happy with that. $5k-7k better that a trade.
Eck
ATH
6th March 2009, 10:59 AM
Just sold my 1997 300Tdi with 150K on the clock with a good few spares for 18 grand. :)
From the interest generated from my adv. I reckon I could have got a bit more.:o
Just don't sell them to dealers for what their Red book says, advertise on carsales.com with pics as it appears to be a good efficient way of getting a reasonable price.
Alan.
Bundalene
6th March 2009, 04:49 PM
i just had this out with my insurer, suncorp.
maximum agreed value on an 85 4bd1 county is 5500...
i said to them try buying a rust free one for under 9k, you wont find one.
they said if i get a valuer to cert it for more than 5500 they will do agreed value for that cert value.
so i took market value and once i paint it i am off to a valuer to see what can be done..
redbook is bull**** in the 110 world...
I had it out with NRMA the other week. They said the max value of my twin locked turbo intercooled 4bd1 county was 5K. I told them i would be cancleing my familys insurance (home & cars) if they declined to insure it for its true replacement value, or there abouts. The lady asked what i thought it was worth, so i told her, that a replacement would be north of $12K. She typed $12k into the value on the screen infront of her, and it went through somehow.
I now pay a massive extra $20 a month.
Andy
Maggot4x4
6th March 2009, 09:02 PM
I see a lot of 98-02 fenders for sale locally sub 10k. They have had a hard life though as ex rentals on Fraser
Awest
6th March 2009, 10:54 PM
I sold my 1996 Tdi Defender wagon in a day on carpoint! 210ks Bbar snorkel, towbar, and drawer system which he doesn't want now so i will be getting it back. First bloke to look at it bought it. Advertised for $14800 sold for $13800. I thought it was great but now looking at others sold could have sold for more. I told a bloke at work (Patrol owner) he thought i was dreaming, I'm happy its sold as I now have a 130:D
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