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Price opinion from advertisements and recorded sales. Not an inspection or a certified valuation.
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Reference photograph of a Land Rover Defender 110
Valuation · Land Rover · Tdi/Td5/Puma · 1990-2016

Land Rover Defender 110

2.5L turbo-diesel inline five (Td5) · 90 kW / 300 Nm · 5sp manual · 4WD
CONSIDERRated within the $30k to $100k band · 73 of 94 at this money
Model value
$55,000
Must gain each year to break even
+10.0%
The projection does not clear it, and nor does most of the library.
CarQuant score
51/100
Scored against the $30k to $100k band, not the whole library
Evidence grade
Thin
One to three recorded Australian sales
$55,000
$42,383 lowhigh $72,538
Calibrated to a thin record
Two published Australian results. An ex-Army 110 two-door sold with a trailer at Shannons in September 2018 for $39,500, the only Defender 110 anywhere in the 2018 to March 2022 record. A 2000 110 Td5 at $42,750 on Collecting Cars in Mill Park, Victoria, on 29 September 2026, the first civilian result, with no odometer published.

Looking at a Defender for sale?

Put in the asking price and the odometer reading. You will see what this model should make at that reading.

Should make, typical example
$55,000
At about 169,000 km. Enter an asking price to compare.

Odometer only. Colour, options, history, condition and the photographs move it further, and that is what the report reads.

A person reads the advertisement and its photographs. Usually back within 48 hours. Read a real listing report

Price history

Today $55,000 · modelled median at five years $58,742
Solid line: the value this library has carriedDashed from 2026: modelled · even money $50,137 to $65,999
The green band is the even-money range and the one to plan on: half of outcomes land inside it. The pale band behind it bounds eight in ten ($42,383 to $72,538). The path is this model's own: it starts along the momentum of its recorded history and bends toward its projected median as the horizon lengthens, so no two cars share a future curve.

The verdict

A defensible case with reservations. Scores 51/100, ranking 73 of 94 in the $30k to $100k band. Liquidity is the strongest input, risk resilience the weakest.
Running it costs about $5,780 a year (10.5% of value), which is what the economics score measures. All in, including the projected value change, it is $5,758 a year.
The model's five year median is $58,742, a +6.8% move, with the tenth percentile at $42,383.
Value calibrated to a thin record. Treat the level as provisional.
Evidence
Thin2 recorded sales
Off its peak
at peak
Value band
wide
At least one recorded transaction plus a source. Direction is sound, the exact level less so.
Scored against every recent Australian sale this library holds, half its values land within 11.2 per cent of the price paid and the rest miss by more, in either direction. Projections are therefore damped toward flat in proportion to how little is known, and the plausible band is never narrower than the error the model is known to make.
This value sits above every recorded sale logged for the model. That is the specific error calibration keeps finding, so treat it as a ceiling rather than a mid-point.
Short term (1-5 years)$5,758 a year all in, +6.8% median value move
Long term (10-15 years)Scarcity case already formed
Negotiate from$55,000

Recorded sales

Every recorded observation, and when
2 rows on record
$57k$47k$37k
20192021202320252027
the value this record published, year by yearnow $55ksold
Every row, with its price and note (2) ↓
Library value against the sold record
2 sales · median $41,125
Value $55,000
$39,500$42,750
The library value sits above the highest recorded sale; the evidence note above explains why.
Sep 2026Collecting Cars$42,750Sold
SOLD. 29 Sep 2026, Mill Park VIC. 2000 Defender 110 Td5. Reported from the Collecting Cars results list only: no odometer, body style, condition or specification published there. The first civilian 110 result this record holds
Sep 2018Shannons$39,500Sold
SOLD. Sep 2018, Shannons Melbourne Spring Classic, Lot 35. 2004 Defender 110 two-door wagon sold with a trailer, ex-Australian Army, so not a clean comp for a civilian 110 wagon. The only Defender 110 result in the entire 2018-2022 Shannons archive.
2 completed Australian sales of 2 rows. Rows marked asking, no sale, or context are shown for honesty but do not count toward the evidence grade: an ask is not a transaction, a pass-in is a refusal, and a provenance or overseas result does not price the ordinary local car. The badge on every row is computed by the same rule as the grade, so the two cannot drift apart.

Score breakdown

Against the $30k to $100k band median
94 cars in band · ink tick marks the median
Ownership economics30% of total
58/100+3
Scarcity25% of total
37/100-16
Demand durability20% of total
66/100even
Liquidity15% of total
72/100+20
Risk resilience10% of total
1/100-35
Sub-scores run 0-100 before weighting; the weighted total is 51/100. Medians are computed live from the 94 cars currently in the $30k to $100k band, so this picture moves when the library does.
The working behind each factor: baseline and drivers ↓
Ownership economics30% weight
58/100
Baseline84 pts
− 10.5% of value a year to run-26 pts
Sub-score (baseline plus drivers, clamped 0-100)58 pts
Scarcity25% weight
37/100
Baseline20 pts
+ 11,500 survivors estimated in Australia+17 pts
Sub-score (baseline plus drivers, clamped 0-100)37 pts
Demand durability20% weight
66/100
Baseline54 pts
+ Production ended and the unrelated new Defender sent buyers backwards+14 pts
+ Late Puma cars have pulled away while tired Tdis softened+8 pts
− Eleven and a half thousand survivors across a twenty-six-year run-10 pts
Sub-score (baseline plus drivers, clamped 0-100)66 pts
Liquidity15% weight
72/100
Baseline12 pts
+ 60 days on market+35 pts
+ 600 sales a year+25 pts
Sub-score (baseline plus drivers, clamped 0-100)72 pts
Risk resilience10% weight
1/100
Baseline44 pts
− A galvanised replacement chassis is a $50,000 job on a $55,000 vehicle-14 pts
− These are rebirthed and age-misrepresented more than almost anything here-14 pts
− Bulkhead corrosion is worse than the chassis and much harder to see-8 pts
− Thin transaction record-7 pts
Sub-score (baseline plus drivers, clamped 0-100)1 pts
Model output, not advice or a valuation. Verify independently before acting.

What it costs to own · about 7,348 km a year

Annual cost of access, excl. fuel
$5,780a year
Share of value per year
10.5%
Scheduled servicing$1,30022%
Tyres, annualised$89015%
Registration and CTP$69012%
Insurance$1,65029%
Sinking fund (failure table)$1,25022%
All-in annualised (a different number)
Purchase (model value plus duty)$57,200
Running costs × 5 years$28,900
Median exit, net of selling cost$57,312
All-in annualised over 5 years$5,758/yr
Share of value per year10.5%
Cost of access is what the car costs to run. All-in annualised adds depreciation, duty and selling costs across a five year hold. They answer different questions and are labelled separately for that reason.
Break-even appreciation, 5 year hold
10.0%a year, only to get the money back
This library projects
+1.3%a year
The projection falls 8.6 points a year short of the hurdle. On these assumptions this car is a cost, not an asset, which can be an entirely rational thing to buy but should be bought knowing it.
Purchase$55,000
Stamp duty$2,200
Running costs x 5 years$28,900
Selling cost at exit, 2.6% of the salescales with price
Sale price needed at +5 years$88,398
Storage
Bought at
No forecast is used to compute the hurdle. It is the purchase, the duty, any premium and 5 years of running cost, grossed up for the cost of selling and spread back over the hold. The projection it is measured against is the weakest number in this product and is drawn that way in the chart above. Transport, finance and any restoration spend sit outside it.

Specification

Engine2.5L turbo-diesel inline five (Td5)
Power / torque90 kW / 300 Nm
0-100 km/hNot established
Transmission5sp manual
Drive4WD
Kerb weight2,000 kg
Built worldwide2,000,000
Delivered to AustraliaNot established
Effective AU survivors11,500
Australian sales / year600
Typical days on market60 days
Launch priceNot established

What moves the price on this model

Colour hierarchy
Original paint in a factory colour+5%
A period Land Rover colour rather than a respray+3%
Resprayed over galvanic corrosion at the door bottoms-8%
Options
A late Puma car from 2012 to 2016 rather than a Tdi or Td5+55%
Documented, professionally fitted galvanised replacement chassis+20%
Chassis, bulkhead and compliance plate all matching the papers+15%
Odometer sensitivity±1.3% per 10,000 km vs 169,000 km
Applied on top of these

Condition, history, originality, ownership, delivery and modification multipliers apply to every car in the library. They are applied automatically when an advertisement is analysed, and the schedule is set out once, on the analyser page.

Projected value in five years

Projected value at five years
$58,742
+6.8% on today
The model's figure. Today it is $55,000.
Even odds it lands between $50,137 and $65,999.
$42,383 lowhigh $72,538
The shaded range is even money and 32% wide; the outer figures bound eight outcomes in ten. Band width follows the evidence - a model with a tight measured record carries a tight band.
A stronger five year outlook than 52% of the library.
-26.6% weakest projected move in the librarystrongest +73.1%
Five-year cost of ownership
Value change alone: +$3,742 across five years.
Running costs over the same period: $28,900.
Duty and expected selling costs: $3,630.
Net cost of five years of ownership: $28,790, or $5,758 a year.
The projected value rise offsets part of the running cost. It does not make the car free to own.

The case for and against

The case for

Production ended in 2016 and the unrelated new Defender pushed nostalgia buyers back onto the original, which is what drove the 2020 to 2022 appreciation. Late Puma cars from 2012 to 2016 sit at $75,000 to $115,000 and have held best while tired Tdis went the other way.

The case against

Two published Australian results exist. One is an ex-Army two-door sold with a trailer in 2018, which is not this vehicle in any respect that matters. The other is a 2000 Td5 at $42,750 in 2026, 22 per cent under this value, with no odometer published to explain why. A full galvanised replacement chassis is $50,000 against a $55,000 valuation, and these are rebirthed and age-misrepresented more than almost any vehicle in the country.

Known faults and risks

Risk 1Chassis, bulkhead and compliance plate must agree with each other and the papers
Risk 2A galvanised chassis swap is either a professional rebuild or a hidden write-off
Risk 3Bulkhead corrosion at the footwells and pillars is $14,000 and easy to miss
Full galvanised replacement chassis supplied and fitted with a complete rebuild$50,000
Bulkhead corrosion at the footwells, door pillars and top rail, replacement bulkhead fitted$14,000
Rear cross-member replacement$6,000
Puma 2.2/2.4 DPF issues on short-run cars and dual-mass flywheel$6,000
Td5 oil in the wiring loom into the ECU, injector harness failure, oil pump bolt$5,000
Galvanic corrosion where aluminium panels meet steel frames: door bottoms, windscreen frame$5,000

Similar cars, and what they cost to run

Evidence behind this valueThin · 2 recorded sales
Carried value
$55,000
Historical price
2016 · $40,7002026 · $55,000
Thin
At least one recorded transaction plus a source. Direction is sound, the exact level less so.
A civilian TD5 result arrived on 29 September 2026, and it sits under the value

A 2000 Defender 110 Td5 made $42,750 on Collecting Cars out of Mill Park, Victoria. The results list that reported it publishes no odometer, body style or condition, so it cannot be normalised, and $55,000 here describes a good 300Tdi or Td5. It sits 22 per cent under that.

Read the rest of the evidence notes (6 more)
One undescribed result does not move the value,

But it is the first sale in this record of the vehicle the value describes, and the next one with an odometer decides whether $55,000 is a good car or a hopeful one.

Before it, one result in eight years, and it was not this vehicle

Shannons sold a 2004 Defender 110 two-door wagon with a trailer, ex-Australian Army, for $39,500 in September 2018. That is a military disposal vehicle, in a body style this record does not describe, sold with an asset attached to it, eight years ago. It is the only Defender 110 result in the entire published Shannons archive, which for this segment runs 2018 to March 2022 and then stops, because Shannons left the auction business in November 2023. One lot is not a market and this page does not pretend that it is.

Three markets trade under one name and they must not be blended

The $55,000 here is a good 300Tdi or Td5. A late Puma 110 from 2012 to 2016 is $75,000 to $115,000. An ex-Army Perentie 110 is a separate sub-market again at $20,000 to $45,000 - and the single published local result sits in that third market rather than in the first.

The chassis is the whole story, and so is the paperwork

A full galvanised replacement chassis supplied and fitted with a complete rebuild is $50,000 against a $55,000 vehicle, a replacement bulkhead $14,000, a rear cross-member $6,000. Fitted properly and documented, a galvanised chassis is the best thing that can have happened to one of these. Fitted to hide a write-off, it is the worst, and the job looks identical from outside. These are rebirthed and age-misrepresented more than almost any vehicle in Australia, so the chassis, the bulkhead plate and the compliance plate all have to agree with each other and with the registration papers before any of the money above applies.

The build figure is not a 110 count

The two million on this page is a cited figure covering the whole Series and Defender lineage, unverified, and not specific to the 110. Read it as lineage, not as production.

And the delivery field reads zero for the same reason as the other four-wheel drives here

No Australian figure was found. It was sold new here as factory right-hand drive throughout, which is why no conversion premium appears in its options.

This page prices the model.
The report prices the car in the advertisement.

Send the link. A person reads the advertisement and its photographs and sends back what that Land Rover Defender 110 is worth, what to offer and when to walk away, with five years of costs at the distance you drive.

Read a real listing report

The evidence on this model is thin and the report says so on its cover. Read a complete one on a real car first. Seventeen sections, no account, nothing to pay.

This model, today$55,000
Half of sales are further out than$6,148
The report$249
25×
the price of the report: what half of real sales of this model sit further from this page's number than, on this car
Watch this model
Told when the next one is called.

One line of email when this desk publishes a call on a Land Rover Defender 110, or records a new Australian sale of one. Nothing else, no schedule, and on a quiet model you may hear nothing for months, which is itself worth knowing about a car you are chasing.

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Defender for sale?Priced by a person, $249