Defenders on "Car Sales."

[Pickles2]

I note that the number Defenders for sale on CarSales is now 69, which is the lowest I've seen.
As far as pricing is concerned, I would say that there's definitely been an upward movement in pricing for new & late model low k vehicles,....of course whether these "asking prices" are ever achieved, is another matter.
Not much change in older & higher k vehicles.
Pickles.

[YOLO110]

I trust 'Gracie' s recent disaster is not prompting you to sell now mate???

Yes, late Oz models have been advertised higher... in the UK, they are indeed selling for higher prices than a year ago, but not sure if this is also happening in Oz?

It is however a non re-supplied market now so demand should do the usual economic thing I guess!

[cafe latte]

I think some people are being plain silly with the prices they are asking. The 4 door 130 that is on Gumtree was initially advertised at 14,000 which was too dear as it had done 360 odd thousand kays and it needed new doors as they were rusty, there was other rust too. Not a bad ute otherwise, but not worth 14,000 dollars, and after over 4,000 viewing and 7 weeks and no sale the seller has INCREASED the price to 16,000 If he could not sell it for 14, how does he think he will sell it for 16k!! Yes Defenders hold their value, but that is just crazy. Someone else wants 22k for a single cab 200ti with over 300,000km on the clock. I think right now the recent demise of the Defender has sent some people silly thinking their old heaps of rust are worth a fortune. The truth is all these over priced cars are on Gumtree and other sites unsold for weeks and weeks and weeks. Not a Defender, but you can buy a Mahindra for 25k new drive away and less for a demonstrator. Nobody is going to spend 22k on an old 200tdi unless they have lost their marbles big time.
I love Defenders, but their is a limit.
Chris

[Sly]

Dont worry , the market will readjust once all the hipsters fall out of love with defers and move onto the next trend.

[Didge]

Yep, I've been saying for ages the Defender will go the same way as the Series 3 - most will lose interest and only if, as Sly suggests, the Hipsters get into them, will they hold their value but my bet is they'll need to be 50 years old (like the split screen Kombis) before they regain their appeal and value

[Andy130]

I think the defenders have a better chance than the series 3, as the defender is the last in the line.With that said, only time will tell.

Prices are a bit crazy at the moment, but as we all know list price is not sale price. Agreed that once the hipsters rip a pocket on their silly low rise pants, they will move on

I probably overpaid a bit on the defender 130 I bought in November for $6,000 ( which had QLD rego, mechanically sound but needed a total rebuild to pass NSW roadworthy lol ) but the list price on that vehicle started at $13,500...took a while to get it to the 'right' price.

Fact is, If it wasn't a 130 defender I think really it was worth only what a wrecker would pay for it ( maybe $500 - $1,000?) but demand in the consumer market holds it at around $5,000 based on others I have seen sold in pieces needing total rebuilds.

There is demand in the market that will hold most defender prices up, but i think the future market winners will be in fully restored defenders.

[cafe latte]

Problem is I need a second car now as a work ute not in 6 months when the dust settles. I may end up having to buy a Mahindra. On the up side it will reduce the kays I will put on my Defender I suppose, but would rather have another Defender, but not for the money nutters want for them right now.
Chris

[cafe latte]

Then there is the odd sensible advert like this one.. I want a 4 door 130 or I would buy it myself. 1996 Land Rover Defender HCPU | Cars, Vans & Utes | Gumtree Australia Fremantle Area - Fremantle | 1106222969
This will sell in a few days IMO. I cant understand why people have adverts running for weeks and months with no responses and still think the price they set is correct. Something is only worth what someone is prepared to pay..
Chris

[mekon76]

Good job we're a big island and not neighbouring anyone else with a Landy market. The amount of Defenders being stolen and stripped down in England is crazy at the moment. All for shifting part into Europe.

[ProjectDirector]

Well, I will be putting mine on the market next month as I don't get much use of it and it is a shame to just drive it on bitumen. So, the timing might good for me