The other aspect is that as a new vehicle, the Defender has never sold in big numbers (compared to the opposition).  But as a used vehicle they are sought after (capable, business like, to the 4wd point) but their numbers are still less than the opposition - supply and demand pure and simple.  
If there is less supply and equal or more demand than for the opposition - clearly prices will rise.  Even though only 2/3rds the price new - after about 10 years a Defender will normally be worth more than a similar condition Discovery - the Defender has the least depreciation rate of all the Landie range.
Garry
				
			 
			
		 
			
				
			
			
				REMLR 243
2007 Range Rover Sport TDV6
1977 FC 101 
1976 Jaguar XJ12C
1973 Haflinger AP700
1971 Jaguar V12 E-Type Series 3 Roadster
1957 Series 1 88"
1957 Series 1 88" Station Wagon
			
			
		 
	
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