Why do defenders hold their value ?

Just went out to get some diesel for me 110, help Govt out with the tax etc
Did a double take going past local Vauxhall dealership...

Had a nice shiny silver 06 110 amongst the corsas, astras, vectras on the forecourt.

They was askin £18k for it, immaculate condition, no scratches/dents etc, but still seemed a bit steep to me...

Just checked autotrader, and older 110's similar to mine are still going for same price as I bought mine two years ago..

So why do defenders hold their price ??

Is it cos their such great motors, legends, latest fashion ??
Is it cos their gettin nicked so fast demand is out strippin supply ?

The 110 did look nice though , standing out amongst the characterless boxes surrounding it.

Why does anything hold it's value, simple supply and demand.

Do Defenders get nicked a lot then?

WindyG said:

Do Defenders get nicked a lot then?

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Stolen Land Rovers - Land Rover Zone

WindyG said:

Do Defenders get nicked a lot then?

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****ing hell they are easier to start with a screwdriver than the key!

Never looked at the stolen LR section, I guessed they were easy to pinch just didn't think that many got stolen.

They hold their value because they don't change. For example look at the new defender then look at the original. They are basically the same. When a new model comes out even, even if the changes are only slight and cosmetic, the older model plummets in price. Also, people who bought the defenders in the first place did so because they loved them. No one would buy one who didn't love them because they're impractical. Today they are even more impractical so they know anyone buying one will pay a premium because; 1. Nobody bought them in the first place so there aren't many around and 2. Anyone willing to accept it's impracticality loves it enough to pay a premium.
Look in LR mags and they are only losing £100 ish a year.

goonarmy said:

****ing hell they are easier to start with a screwdriver than the key!

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I can turn mine on and take the keys out while it's still running then go and unlock the back door and come back and put the keys back in .
A 20p also works great .
That's why I fitted an immobiliser .

I think it was Coco Chanel who said "style never goes out of fashion"