BigJimnyMeet (North) 2024 (12 Jan 2024)
14th July 2024
Parkwood Nr. Leeds
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Values in five years time
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Anybody got a prediction as to the residual value of a well looked after Jimny SZ5 after five years?
Just looking at finance options and whether l would be better off hanging on to our Defender.
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Temeraire (2018 quasar grey automatic)
One of the last 200ish of the gen3s, probably.
ADOS Attention Deficit Ooooh Shiny!
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- nogbad
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Depends on your needs as well. If you need a car that's good at towing & humping loads with great off-road performance, then the Def is a better choice. If you're looking for something that has better on-road manners, offers greater comfort as a daily, better reliability and is easier to squeeze down narrow lanes, while also being great off-road, then the Jimny is it.
Edit: just saw your post on another thread:
lightning wrote: 2018 SZ5 manual in green (although Suzuki say it’s yellow) with 6,000 miles.
At £21,000 from a dealer.
I’ve test driven it and it seems fine, better in fact than the silver one we tried last year.
Maybe because it’s done more miles and loosened up a bit, but it felt quite lively where the silver one seemed lacking.
Looks like £20,000 is as low as prices get right now, and l’ve had an offer of £18,500 for the missus’s Defender 90.
Hopefully it will all come together.
Still leaves me with my Defender 110 so l am not completely abandoning Land Rover.
I just need one vehicle that doesn’t require continuous maintenance and money spending.
Seems like a no brainer to me - small reliable Jimny, plus 110 for load lugging and you don't have to find much cash if you can get £18.5k for the 90, I'd go for it.
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If the dealer's can't sell the pre-registered ones at 24K we will see a drop in these prices, if they do then it will hold the price higher for a little longer before the depreciation sets in.
If you want one get it, all cars are a complete waste of money.
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)
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- Halsey
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What l have is an almost impossible decision and it’s also not helped my mistakes l’ve made in the past.
The Defender is a pristine 2005 90 XS Station Wagon...the holy grail of Defenders.
XS means aircon, heated screen, heated seats, ABS traction control etc
Post 2004 means the better one piece doors and pre 2006 means lower road tax. Later TDCi versions are not as well loved.
I bought it last year for £14,500 and have spent £7,000 on it to make it as good as it is now.
However with the current situation, running two Defenders is costing a fair bit.
The Jimny well we both loved it, and l’ve found one in the colour we wanted.
I’ve had an offer of £18,500 for the Land Rover which means the Jimny will need a small loan to purchase.
So, the Jimny will be cheaper to run and will hold it’s value better than a car, but l am losing a chunk of money on the Defender selling it now, and values of these won’t go down.
As l said, there’s advantages of both and despite running the figures and losing sleep l am no nearer to a decision.
Keep the Land Rover or sack it and go for the lower running costs of the Jimny
My missus isn’t stressed about the money, she would happily drive the Jimny and never think about the money we’ve lost, as she looks at it as part of life.
I wish l was as easy going as her !!
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Temeraire (2018 quasar grey automatic)
One of the last 200ish of the gen3s, probably.
ADOS Attention Deficit Ooooh Shiny!
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- ObsessiveMonk
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I pick up my Jimny on Saturday (luckily purchased in March at list price) and have it on a PCP deal - in three years the balance to pay will be £11k - I am hopefuly that it will be worth that and, fingers crossed a bit more (I only do 4,500 miles a year so will be low milage too).
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- Posts: 883
- Thank you received: 71
- Points: 4242.00
Just have to write off the money lost on the Land Rover, it’s a lot less than we’d have lost on an ordinary car.
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