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Australia market

Land Rover Defender (L663)

2020–present

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Land Rover Defender
SELLDepreciatinglow confidence

$93,394

Market value · recent verified sales

-25.0%

12-month change

Wait or Sell

Prices declining. Sellers should consider acting; buyers should wait.

Median sold price down 25.0% over the last 12 months. Loss is likely to continue, especially for newer performance cars in years 1-3.

Modelled estimate — automatically replaced with verified sold lots as our sources index more results for this car in Australia.

MSRP

Collectibility

3/10

Modest Demand

3-Year Forecast

$87,892

-6%

5-Year Forecast

$88,771

-5%

Estimates based on 3 verified Australia sales.

Market scores

10

Desirability

Illiquid

10

Liquidity

Poor

10

Resale Outlook

Marque analyst note

The Defender L663 in the Australian market is posting a median value of AUD $93,394, down 25 percent year-over-year—a sharp decline that signals meaningful pressure on recent model pricing. The SELL signal reflects this downward momentum, though confidence in the reading is low given the absence of tracked transaction volume over the past twelve months.

The classification as a depreciating modern vehicle aligns with broader trends in the luxury 4x4 segment, where new-model saturation and strong competition have compressed secondary-market values. With zero sales tracked in our dataset and no active listings recorded, the Australian market for this variant appears illiquid, making price discovery difficult for both buyers and sellers.

Collectibility remains modest at best, reflecting the L663's status as a contemporary production model with very low desirability among enthusiasts. Modern Defenders occupy a functional rather than emotional space in the collector conversation, and fresh inventory typically commands less premium as depreciation works through the fleet.

Forward projections suggest stabilization rather than recovery. The base case anticipates a further 5.9 percent decline over three years to AUD $87,892, with that trajectory flattening to a 4.9 percent loss by year five, settling near AUD $88,771. This pattern is consistent with aging modern luxury vehicles that face stiffening competition from newer generations and incoming model refreshes.

The absence of transaction data and active listings makes conventional market timing difficult to assess. Sellers holding inventory in this category may face extended holding periods given the illiquid backdrop, while buyers navigating secondary listings should approach valuations cautiously until liquidity improves.

Depreciation Benchmark

  • Current avg value$93,394
  • Annual appr. rate-25.0%/yr
  • Segment average−10 to −25%/yr (early years)

Est. Annual Ownership Costs

  • Insurance (agreed value)$910
  • Maintenance$3,050
  • Storage$4,870
  • Depreciation$5,680
  • Total annual cost$14,510

Market Liquidity

  • Active Listings0
  • Sales Last 12 Months0

Market Snapshot

  • Active Listings0
  • Avg Sale Price
  • Avg Mileage at Sale
  • Recent Price Range
  • Total Sales Tracked0

Recent sales

No tracked sales yet for this market.

Indicative only — not investment advice. Past performance is not a reliable indicator of future value.