BigJimnyMeet (North) 2024 (12 Jan 2024)
14th July 2024
Parkwood Nr. Leeds
Click HERE for details
The demise of the Defender
Please Log in or Create an account to join the conversation.
- Posts: 877
- Thank you received: 70
- Points: 4212.00
Sadly the price has crept up and its now looking like it will be £40,000+
Which will be out of my reach.
Please Log in or Create an account to join the conversation.
- Posts: 8787
- Thank you received: 1755
- Points: 36118.00
Temeraire (2018 quasar grey automatic)
One of the last 200ish of the gen3s, probably.
ADOS Attention Deficit Ooooh Shiny!
Please Log in or Create an account to join the conversation.
- Posts: 877
- Thank you received: 70
- Points: 4212.00
But eventually it will go the way of all other LR products and values will fall.
Few cars escape the depreciation curve, the new Jimny is currently on a high, the VW Up GTi is doing well, and the Jeep Wrangler holds its value.
Please Log in or Create an account to join the conversation.
- Posts: 904
- Thank you received: 165
- Points: 5164.00
Not so sure values are directly warranty related, it'll be more about supply and demand I feel. So I'd also expect them to be pretty good for the next 3-4 years. But then be very comparable to D4/D5 type values. I can't seem them being lusted after like the traditional Defender is, nor how people view the Wrangler or Jimny. It just isn't that kind of vehicle.Lambert wrote: It's going to be interesting to see what the depreciation is like on the new defender especially when they start to come out of warranty.
Please Log in or Create an account to join the conversation.
- Posts: 877
- Thank you received: 70
- Points: 4212.00
Since around 90% of new vehicles are now purchased using this method, it's likely fewer people will want a three year old one, as you can't have a PCP agreement on those.
l still think values will remain fairly strong, certainly better than Discovery Sport where you can get five year old one from around £10,000
Please Log in or Create an account to join the conversation.
- Posts: 355
- Thank you received: 95
- Points: 2119.00
One thing is for sure - The Repo Man loves JLR products! Note to @lightning - there's very good business in repo'd JLR products and then financial 'recycling' to poorer but aspirational new 'customers'.
Please Log in or Create an account to join the conversation.
- Posts: 2105
- Thank you received: 551
- Points: 12702.00
It's just another JLR luxury offering that is, to be fair, the place they make the most money.
It's too expensive and complex for me to be a customer, just like many other 4x4s on the market.
Not everyone purchases this type of vehicle just to go "let's off road", so it's a bit unfair picking on the look of a vehicle just because it does not fit into our expected use envelope.
Don't believe the G4 has gone off track in the same way, it's still true to its simple roots. Unfortunately it's currently overpriced, but not by design this time, just unforeseen market forces.
So unfortunately the true Defender has long gone and will be missed, may it RIP.
Yokohama Geolanders, Sony head unit, NAUTILUS Air Horn, DRL conversion, Rear cargo space, Elvis Bobblehead, transfer Guard, Indian hanging Elephant, Koni Heavy track dampers, Custom SS exhaust, Voodoo Doll, Adventure Rack with LED ight bar, vintage ERIBA caravan usually attached (yes it's slow)
Please Log in or Create an account to join the conversation.
- Groenewald
- Visitor
-
Public
Coming from someone with a lot of 4x4 and overlanding experience.
Please Log in or Create an account to join the conversation.
- Roger Fairclough
- Offline
- Platinum Member
-
Registered
- Posts: 1389
- Thank you received: 193
- Points: 7457.00
The guys comments about sizing up the Jimny are spot on but irrelevant.
Land Rover do not want a workhorse vehicle, they want the ultimate Chelsea Tractor because that's where the money is. The new Defender will gets it's tyres dirty at Burghley Horse Trials and darling daughters gymkhana events and little else.
As to farmers, builders and the utility companies, it's going to be, if it hasn't already gone, the pick up truck, so beloved of our yankee cousins.
That leaves the armed forces and they will probably go with pick ups or the latest version of the HUMVEE. Certainly they wont want anything that LR would offer them.
LR Defender R.I.P.
Roger
Please Log in or Create an account to join the conversation.
- Posts: 1727
- Thank you received: 468
- Points: 10914.00
I enjoyed watching that, you can tell he is very passionate about it.Groenewald wrote: Interesting video on the new defender - a Jimny Comparison at the end. (at about 19 minutes in.....)
Coming from someone with a lot of 4x4 and overlanding experience.
Black 2019 Jimny SZ5
www.bigjimny.com/index.php/forum/8-my-ji...ley-s-2019-black-sz5
Please Log in or Create an account to join the conversation.
- Groundworker
- Visitor
-
Public
Please Log in or Create an account to join the conversation.