Disco 2 sales, what's going on

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Originally Posted by 350RRC

My 74 2 door RRC is going up in value, even with the lump of iron under the bonnet.

I think that part of the problem with Discos is that they will never end up being viewed as 'classic' cars and the 'refinements' that involve having to use over 50 separate fuses actually scare buyers away now they are all out of warranty.

The other thing to consider is that Discos are basically re-bodied RR's anyway.

My ex has a series 2 Disco (last of the rectangular headlights) and it is nowhere near as pleasant to drive around in as a RRC, for example.

DL

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The Disco 2 is not a rebodied RRC, even basically. The Disco 1 is.

The Disco 2 is a completely new car, admittedly of "similar" design, and very similar styling. It was produced only for a relatively short time and shares few parts with any other model, including its successor, leaving it as a potential orphan. It has very complex systems (like most modern cars) which make it wide likely to suffer complex (i.e. expensive) problems. Same situation as a P38, but mollified a bit because far more of them were sold.

Part of the general syndrome with luxury cars - those who can afford to maintain them, can afford to buy new, and usually do. So this makes them very cheap by the time they get out of warranty, and especially once they reach ten years or more in age.

This tends not to apply so much to Defenders and RRCs, as these both had very long production runs and were/are a lot easier (cheaper) to maintain.

I have recently got a Disco 2 TD5 for my son, at what I consider a reasonable price (as with any purchase of a S/H car, "reasonable" depends on condition. I would actually have preferred a D1 for the reasons given above, but I was unable to find a suitable one, and this one was too good to miss. Unlike some of the other ones I looked at!

John

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Originally Posted by JDNSW

It was produced only for a relatively short time and shares few parts with any other model, including its successor, leaving it as a potential orphan. It has very complex systems (like most modern cars) which make it wide likely to suffer complex (i.e. expensive) problems. Same situation as a P38, but mollified a bit because far more of them were sold.

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Thanks. That's an excellent explaination.

The reason that I started the thread though was I've noticed a sharp drop in the last 12 months. It seams that prices have dropped near 1/3 in the past 12 months.

Happy Days.

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Originally Posted by joel0407

Thanks. That's an excellent explaination.

The reason that I started the thread though was I've noticed a sharp drop in the last 12 months. It seams that prices have dropped near 1/3 in the past 12 months.

Happy Days.

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Probably as some D3s start to drop into the price range they were at. But also new car prices have come down, and this affects the prices of second hand cars (not of course "classics").

John

I dont agree that the d2 is complex . I own a d1 and d2. A base model d2 is pretty simple really. They are excellent value for money. Cheers

I bought a Puma last Nov, so I gave the D2 a big detail over the Xmas break and put it up for sale from Jan to Mar... $10k neg....only one sniff & that was a no show.

With a recently rebuilt clutch, gearbox and transfer case the D2 actualy drives better around town than the Puma. So much so in fact, I'm going to keep it as a daily driver and use the Puma on the weekends & 4wd trips (I do a few).

No complaints.... but yes (in my view) the D2 market has dropped about 3-4k in the last 6 months.

:)

Pete

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Originally Posted by ozscott

I dont agree that the d2 is complex . I own a d1 and d2. A base model d2 is pretty simple really. They are excellent value for money. Cheers

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I agree - which is why I just bought one. But I still consider them complex - like most modern cars. The price drop reflects the market's balancing complexity etc against value, and is what makes them excellent value for money.

John

Further to this thread, my wife convinced me to go take a look at the new Land Rovers in the local dealers as she's convinced the D2 is not reliable enough to do any level of travel in (and to be fair given the issues I don't blame her).

Of course I wasn't overly interested, the D2 is running fine, I know it's an older car and anything new is going to cost a small fortune.

The first shock was hers. The price of the new D4 is in the 6 figures. Score one for me.

The second shock was mine. I asked what they do with the trade ins, ie the D1 and D2's and the guy told me they have a long waiting list, which is why there are none on the lot.

So given the concern and the price drop with the D2's it seems there is still a market for them. I didn't ask the going prices, he just told me that currently when a D2 comes in, they check it to comply with LR's requirements, then call the list and it's a fairly quick and painless sale. There's something like 10-15 people on that list.

Not sure it adds much value to the thread, but I thought it interesting nonetheless. :)

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Originally Posted by AussieAub

Bought my 2000 D2 V8 Auto in 2008 for $16k, sold just last month with LOTS of fruit, and receipts way into the 5 digit $$'s figure, and managed to sell for a tad over $3k. :(
Couldn't get much more as (even with receipts showing that just about everything had been replaced) people just assumed that because its a Disco V8 the heads must be shot and the vehicle is tarred with rumours of them being unreliable, too expensive to keep and maintain, over thirsty, hard to get parts, etc, etc.

Somebody has a GREAT motor there now.
But I treated myself to a brand new Defender, so all good. :cool:

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I was going to ask if you still had the old girl. I could have swapped my plastic rear end with your magnificent metal bar and a fist full of folding stuff.:angel: Not to worry. :angel:

Cheers
Ron

I think it all depends on where you go.
I bought an '01 TD5 base with 190,000 and a mate picked up another '01 with leather, ACE, SLS and 18's with 160,000 for $7800, whereas I've seen similar cars in used lots going for close to $20k (recently too).
A guy I met on a 4wd trip has an '03 with close to 300k on it and he paid $14500 for it this year.
I saw one on Carsales recently that was an '03 with 120,000, fully specced and with a couple of nice mods (Sahara bar, winch etc) for a stonking $29,000 and I nearly fell off my chair! You can buy a really nice D3 for that!
I think wholesalers are the place to go because they get all the trade-ins from people upgrading to new D4's.

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Originally Posted by JDNSW

The Disco 2 is not a rebodied RRC, even basically. The Disco 1 is.

The Disco 2 is a completely new car, admittedly of "similar" design, and very similar styling.

John

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I don't think the 2 is a completely new car. Similar to D3 to D4, Golf 5 to Golf 6.
Same chassis underneath.
After owing a D1, there are too many similarities. Rear door is the same, center console, door frames etc. although the cars don't drive the same, they do feel very different.
http://en.m.wikipedia.org/wiki/Land_Rover_Discovery

Dave.