Thread: $40k for an as is unreg '00 Defender ex army. Too much?

Just did a quick search on carsales.com and it showed nine ex army defenders for sale ranging from $30,000 to $50,000.

The one for $50,000 is a 2004 model with 43,000km on the clock, winch and mount etc and is registered in Qld.

I am not too sure if I would pay that much however I do not think that around $30 - $35,000 is unreasonable. You can not find a standard 2002 defender with km's that low, the closest I saw was a 2001 with 79,000 for $25,000, add onto that another $2,000 - $3,500 for the salisbury rear diff etc and the price seems pretty reasonable.

(Not entirely sure on the cost a salisbury rear diff, based the figure on the one suplied by Rovertracks in the US, $3,300 USD)

I was told by another dealer, that the dealer selling the $50k ex army defender paid $32k for it

Originally Posted by Brian Hjelm

I just had a look on CarPoint and their valuation for a 2000 Defender 110 4dr. wagon 5sp. 2.4DTD is:-

private sale $10,100-$12,600
trade in $6,200- $8,700
RRP when new- $38,300

I think they are a bit conservative but not to the point of being 50% undervalued.

And IMH anyone who wants to pay more than new price for an 11 years old Land Rover is a real wood duck.

This is from Redbook for a 2002 Defender 110;

• Private price guide $15,300 - $18,100
• Trade in price guide $10,200 - $13,000
• Average Km 140,000 - 230,000

So the average Defender you would pay that money for has on average between 3 - 6 times the mileage as some of the ex-army ones out there.

They are somewhat unique. Apart from the fact that they are ex-army, the 2 door wagons were not sold here in Td5 form (other than to the army)

Dealers always leave themselves "room to move". So when you drive in your rusty old FJ60 and want 10 grand as a trade in. They dont have to dissapoint you too much.

With all the excitment surrounding this release (Newspapers, TV, Internet) its worth testing the market. Somewhat of an ambet claim? If he gets the cash, good on 'im.

Originally Posted by CJT

This is from Redbook for a 2002 Defender 110;

• Private price guide $15,300 - $18,100
• Trade in price guide $10,200 - $13,000
• Average Km 140,000 - 230,000

So the average Defender you would pay that money for has on average between 3 - 6 times the mileage as some of the ex-army ones out there.

Personally I would prefer 140k km with one careful owner vs 40k km at the hands of a cast of thousands (of teenagers) and one or two dodgy grease monkeys .

At the end of the day, they are worth is someone would be willing to pay.
For me, that would be very little (I would prefer a perentie), while for others, that may be $50k+ORC (or more).

As one of those uninformed, why is the army selling 2000 models now but are going to release the 87-92 models later - after that long in service they would be clapped out presumably? and also worth a lot less?

Originally Posted by Lotz-A-Landies

the fall of hammer may have been sub 26K for the 2000 models and sub 30K for the 2003 models (remember the reserve on most of these auctions was 22-24K) but after having to pay the bidding fees, buyers premium and GST, the winning bidder wouldn't have got them out the Manheim-Fowles gate for less than about 25K-28K for the 2000 models and 25K-34K for the 2003 models.

The 2003 models have p38a rear diffs and air cond while the 2000 models have no air con but a stronger Salisbury rear diff.

There's 3 in a yard at Banksia in Sydney for $36K - $40K and a 2000 model, 60,000 KMS on the clock with 11 1/2 mths Rego private sale in Land Cove Sydney for $29K.

Just a note for the uninformed, these are the TD5s and the next army Land Rovers to be released will all be 1987-1992 4 speed gearbox Perentie models.

Originally Posted by pfillery

As one of those uninformed, why is the army selling 2000 models now but are going to release the 87-92 models later - after that long in service they would be clapped out presumably? and also worth a lot less?

I think it has something to do with priorities. Rear echelon don't need the latest and greatest as quickly, where we should support the front line units to the max where possible, and this means giving the front line units the new stuff sooner rather than later. Others can wait.

Originally Posted by pfillery

As one of those uninformed, why is the army selling 2000 models now but are going to release the 87-92 models later - after that long in service they would be clapped out presumably? and also worth a lot less?

Parts commonality. Because there were 50 TD5s, and a few thousand Isuzu powered vehicles. It is cheaper to keep parts for 2000+ identical vehicles than it is for 50 of these and 1950 of those. Cannibalisation for parts is also easier when you have a significant number of donor vehicles.

Also, the One Tens and Perenties have been remanufactured, some more than once, so aren't as elderly as their age implies.