Land Rover Defender (L663)

The current median price for the US-market Land Rover Defender L663 sits at $61,640, down 25 percent year-over-year—a sharp decline that signals weak near-term momentum in this modern SUV segment.

The depreciating modern classification reflects the Defender L663's recent reintroduction to the US market and its status as a current-production vehicle with no collectible pedigree. Desirability remains very low among secondary-market buyers, limiting the pool of active purchasers and driving pricing pressure across available inventory.

The illiquid rating warrants caution for both buyers and sellers; with zero tracked sales in the past 12 months and no active listings detected, meaningful transaction data is unavailable to confirm actual market depth or typical selling conditions in the US.

Base projections suggest further modest erosion over the medium term, with prices expected to settle near $58,000 by year three, representing an additional 6 percent decline from current levels. Stabilization appears possible by year five, though no strong upside catalyst has emerged to reverse the depreciation trend.

Given the combination of steep recent depreciation, thin transaction activity, and weak collector interest, owners should view this vehicle primarily as a depreciating personal asset rather than a value-preservation purchase.