Land Rover Range Rover (P38)

The P38 Range Rover sits at a median of AUD $23,106 in the Australian market, down 25 percent year-on-year. The SELL signal reflects sustained downward pressure, with confidence rated at medium given the extremely limited transaction history.

Liquidity remains a critical constraint: only one sale has been tracked over the past twelve months, and there are currently no active listings in the market. This thinness makes it difficult to establish reliable pricing momentum or assess buyer appetite with precision.

The P38 carries a collectibility score of 5 and is classified as a stable modern classic, though actual production volumes are not available from current data. Desirability is rated as low, which aligns with the recent price trajectory and the absence of competing inventory.

The three-year base projection points to AUD $12,100, a decline of 47.6 percent from current levels. The five-year outlook is more severe, suggesting prices could reach AUD $9,968—a 56.9 percent drop—if current market conditions persist.

Mileage data on transacted examples is not available, limiting insight into condition standards or age-related wear patterns typical of these vehicles. Sellers should expect extended holding periods and prepare for negotiations well below asking prices given the illiquid environment and weak desirability profile.