used Defender prices rise or fall?

[F.J.]

Now the last defender has rolled off the line do you reckon prices of used ones will shoot up or go down slightly?

Ive had a wanting for a defender since i was a kid but just cant justify buying one as they go for silly money and are easily knickable. I constantly watch out for bargains or 'projects' but the ones offered as projects seem too far gone and ready for the bin yet still fetch into the early £1000's!!

I know I'll own one one day but can only wish that the day will come sooner or later

 

[daleyd]

Yup, I'd agree with pdg, I can only see them going one way.

 

[cliff366]

Agree with pdg will only rise as more get scrapped etc same as any car that is no longer made

 

[Kayos]

They will rise to an extent, I'm waiting for the pre '97 ones (last proper ones IMO) to go back to a sensible level before I buy one

 

[cliff366]

Like I said on another thread I could pick up xr2/3s gtis gtes etc for 300/500 on the road in the late 90s these cars in the same condition are around 1500/2000 mark now

 

[Johnseat]

They have already started to rise, the run out models are already fetching 50k and garages are posting autotrader adverts wanting them for 45k plus...
Can't see the point, the forums are full of the later models been made very poorly and falling to pieces at 3 years old.

 

[Kent]

Always a hard question
I think based on the past buy a brand new one do little or no milage in it just store it and it will be a fair investment in another 25 years
Issue is there are still better places to put that sort of cash

 

[waldershelf]

They will rise to an extent, I'm waiting for the pre '97 ones (last proper ones IMO) to go back to a sensible level before I buy one

I'm afraid you will have a very long wait. the 300tdi's which are the last of the pre electronic, proper Defenders are going up and up and show no signs of ever getting cheaper. Now £3000 buys you an MOT failure "project" with lots of work needed, 5 years ago that money would have bought you a decent runner with plenty of MOT left. You only have to look at how air cooled Porsche prices have gone to the point where ordinary people can no longer afford them and you can't use them to go to the tip, fetch logs or go out in the snow in one of them.

 

[Kent]

Cars are meant to be driven...not stored in hermitically sealed barns and used as a "nest egg" same thing with BTL / speculators pricing out those who actually want to LIVE in the house...

Such is life. Perhaps all those with any real amounts of money should have it confiscated by the state they already fund?

But I do agree cars can only really be enjoyed behind the wheel

 

[waldershelf]

You want to buy mine? I'd take £5250 for it?

 

[F.J.]

I bet it would be cheaper in thenlong run to buy a galv'd chassis and it buy the bits to build it as i go

 

[rtbcomp]

Trouble is with no decent investments around the chequebook-boys are turning their attention to the classic car market again. Restored classics fetch a lot of money so why not buy a future classic and store it? Saves a lot of work later on and it will be 100% original.

If the investment doesn't come off at least you can use it, which is more than can be said for art!

 

[GW8IZR]

I bet it would be cheaper in thenlong run to buy a galv'd chassis and it buy the bits to build it as i go

Last one I did - well, I could have bought a 12 month old Defender from a main dealer for the same investment and thats not even considering my time.

Of course restoring the vehicle was nothing to do with money, it was a project.

 

[Kent]

Trouble is with no decent investments around the chequebook-boys are turning their attention to the classic car market again. Restored classics fetch a lot of money so why not buy a future classic and store it? Saves a lot of work later on and it will be 100% original.

If the investment doesn't come off at least you can use it, which is more than can be said for art!

A guy I know bought one of the last capri the 280? Anyhow I thought him a fool for many years - not now though

 

[Kent]

Last one I did - well, I could have bought a 12 month old Defender from a main dealer for the same investment and thats not even considering my time.

Of course restoring the vehicle was nothing to do with money, it was a project.

Yep the guy who makes the cash buys the fully restored for less than it cost on bits . Or waits 20 years or more

Look at the e- type in the eighties into the early 90s they were not that dear as projects

 

[F.J.]

All cars that were readily available when I was younger are now slightly out of reach. My first car was a 1989/90 Nova which cost me £1000 but now a nice tidy one would set you back £3-4K.
I then had an xr2i which was mint. I sold it for £700 but no a similar one can cost £4K!!!!!
When I was driving these cars I still wanted a defender but never thought them cool enough, now, I'm not cool enough to afford one!

 

[zx9]

They will rise to an extent, I'm waiting for the pre '97 ones (last proper ones IMO) to go back to a sensible level before I buy one

I can not see that happening, if you want one now is the time to buy. I've noticed that Polo GTis are the same power and weight as mk 1 Golf GTis and a lot cheeper, but I am brassic at the moment, Ho Hum.

 

[pedrobedro]

Anybody who didn't want one before is not going to suddenly want one because they are not making them any more so any price increase is only going to affect the present market and anyone who buys then as a speculative venture.

 

[tomsutton529]

I should take myself into a field and shoot myself for selling my Ex MOD Defender 90 for £1000.. The only highlight of that sale is that my mate bragged that he got it for £50 "coz I was Skint" But the person he bragged to was also my mate and his boss..

 

[penfold]

£3k for a project? Does that mean my sheddy HCPU is worth 5k now? If so it's the first decent investment I've managed in this lifetime. I suspect sheds will remain sheds though, there's enough crappy land rovers around to amuse the impecunious without attracting the attention of cheque book enthusiasts.