Land Rover Defender (L663)

The Defender L663 median is currently holding at £46,000 in the UK market, but year-on-year depreciation of 25% signals meaningful downward pressure on pricing. The SELL signal reflects this sustained loss of value, though we note the low confidence rating—only three tracked sales in the past twelve months provides a thin evidential base for conclusions about broader market direction.

Liquidity in this model remains constrained, with just three transactions logged against zero active listings at the time of analysis. This thinness makes pricing volatile and exit unpredictable; buyers and sellers should expect extended marketing periods and wider bid-ask spreads than more heavily traded vehicles.

The L663 carries a modest collectibility score of 3, classified as a depreciating modern with low desirability. New-generation Defenders have not yet developed the secondary-market appeal of their forebears, and transaction data suggests limited collector or enthusiast interest at present price levels.

Recorded mileage averages just 1,135 miles across the sample, consistent with relatively young stock in the secondhand market. This low mileage underscores the primary driver of depreciation: fresh supply from fleet and personal sales, not mechanical wear.

Looking ahead, base-case projections suggest modest further softening over the next three to five years, with prices declining to around £43,290 by year three and stabilising near £43,723 by year five. This trajectory reflects the typical curve for modern SUVs without heritage value or performance provenance, where depreciation frontloads before settling. Until collector demand or mechanical rarity crystallises, holding or selling sooner remains the prudent posture.