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.
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.
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.
Cheers
Slunnie
~ Discovery II Td5 ~ Discovery 3dr V8 ~ Series IIa 6cyl ute ~ Series II V8 ute ~
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.
A buyers market for these vehicles, and will only get better(providing you never sell).
Also very useful for some of usto 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
Best time to upgrade I reckon!
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/...Int32%7c0&Cr=4, At the time most were around the $18k mark (Nov '07).
Discoverys are like dogs, you own it for life.
Last edited by simonl8353; 16th September 2008 at 07:58 AM. Reason: more stuff to big-note myself
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
DISCOVERY IS TO BE DISOWNED
Midlife Crisis.Im going to get stuck into mine early and ENJOY it.
Snow White MY14 TDV6 D4
Alotta Fagina MY14 CAT 12M Motor Grader
2003 Stacer 525 Sea Master Sport
I made the 1 millionth AULRO post
If they keep dropping in price, I might buy a second one. Maybe chop it into a ute.
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!
Everyone must be taking their eyes off the TD5 and looking for used Disco 3 TDV6s now....
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.
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!
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!
[B][I]Andrew[/I][/B]
[COLOR="YellowGreen"][U]1958 Series II SWB - "Gus"[/U][/COLOR]
[COLOR="DarkGreen"][U]1965 Series IIA Ambulance 113-896 - "Ambrose"[/U][/COLOR]
[COLOR="#DAA520"][U]1981 Mercedes 300D[/U][/COLOR]
[U]1995 Defender 110[/U]
[SIGPIC][/SIGPIC]
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