Land Rover Defender Blog

Are the days of cheap Land Rovers over?

Are the days of finding a neglected, bargain Landy a thing of the past?

Ben Gribbin

Ben Gribbin

March 13, 2016

Hello, I'm the editor of FunRover. I'm a massive Land Rover fan. Currently own a TD5 90. 2015 MR Blogger of the Year
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Back in the day, you could pick-up a Land Rover by chatting to your mates down the pub. Someone would inevitably know a farmer who's had a Series One languishing in some forgotten field for decades and they'd be happy to let it go for a pittance. My own uncle bought a Series One this way, with enough spares to rebuild the Landy and even a complete, 2nd engine. Probably not for much more than £50.

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Now though, there don't appear to be any cheap Land Rovers anymore. eBay is full of overpriced Defenders. Private sellers are becoming aware of the potential value of their Land Rover and those who do have rusted out 60 year old vehicles laying around are holding on to them.

Screen Shot 2016-03-13 at 12.20.18

I think this shift is driven by the end of Defender production. It made national news and publicised the sad reality that a model is no longer in production with direct ties to the archetypal Land Rover. Models over 25 years old are being bought and shipped to the North Americas. All of a sudden those overgrown, once forgotten relics are being remembered. And prices are driving up in response.

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Could this be a bubble? Perhaps. But resale values for reasonable condition Land Rovers have been strong for a while and steadily climbing. I was talking to a Defender owner the other day who'd purchased a Special Edition 2.2 TDCI 90 just last year. A few months ago, the dealers rang him up and offered him £9,000 more than he'd paid - despite him having added 5k to the odometer. It seems, the world has gone mad for Land Rovers and prices are following suit.

What do you think?

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3 Comments

  1. Matt Allen says:

    The bubble will burst … there’ll be a flood of them as people try to cash in and it will force prices to settle… Well I hope so anyway. We’ve got our quota of Land Rovers in this household but I hope that in ten years my son may want one (if he’s as daft as his old man!) and be able to purchase a relic of his choosing…

  2. Martin says:

    The same price hike is occurring in Australia with 2012 Defenders selling (or asking) for the same price that a new July 2015 model sold for. Yet the humble Discovery has seen price points decline.

  3. Sebastian Becker says:

    Hi we have the same Problem in Germany. The Price is up to more than 40% for TD5 for example.
    Maybe it was a bubble, we will see.

    geetings form Germany

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