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Rebuilt Defender value


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I know it is almost impossible to answer but I am after a rough valuation for a rebuilt 90. The insurance need a valuation for the policy: 

1986 LR 90 on a galv 300Tdi chassis, 300Tdi (immaculate, 90,000 miles), R380. rebuilt bulkhead (totally rebuilt, ALL rust removed). Resprayed Grey with orange underneath (chassis, axles, engine parts - easier to see oil leaks!) Rebuilt axles (300Tdi), new alloys (16 inch Defender), twin fuel tank (both new), new doors x3 (original style lift up handle on front), heated everything: windscreen, rear screen, mirrors, seats, brand new Masai sliding rear windows, soundproofed throughout, LaSalle interior (full roof panels, all rear windows) re-covered in new scrim fabric, new re-covered door cards, new Land Rover rubber matting, sound proofing system from Exmoor trim (cant remember the guys name), new Mantec wheel carrier, tubular bumpers front and rear, 9500lb winch front, new lighting including LED headlights, spots, roof lights, work lights, door handle lighting, mirror puddle lighting, 4 interior lights, footwell lighting, interior door lighting,  leather electric seats, twin batteries, custom dashboard. Plus loads more, you get the idea. I am trying to go for Range Rover luxury in my Defender!

I am still working on the interior and wiring loom but hoping to be finished by spring. I know the non standard nature wont appeal to everybody but I have no intention of selling it anyway so I am building it purely as I want it. As I said, I am just hoping for a rough idea to give to the insurer.

Thank you!

 

 

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Doesn’t really matter what you estimate it at, if you want a decent price should the worst happen then an agreed value policy is the way to go. This usually requires some photographic evidence to back up your claim of value. Most standard insurance will only pay market value and although it may be insured to have your listed mods, some companies operate a standard parts replacement clause (although not easy to find “standard” parts for a 90 4C).

When I built mine I valued it at what I’d spent...I’ve been offered more than double to sell so have since put an agreed value on it .

Defenders have quite a split following, there are those who loathe the whole “Chelsea truck” bastardisation of their beloved basic icon and those who don’t. 

Plenty room for both though as it keeps them alive!

Taking the whole twisted and bespoke price range into account seems to inflate opinions on value regardless of condition or spec. Charging £50k for a rebuilt/resprayed body and luxuriously retrimmed interior does not make farmer bloggs’ dog-eaten, rust-ridden 300k TDI worth £5k more than it really should be. 

 

 

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Thanks for the replies guys. Totally agree that it wont be for everyone. My intention is for it to be a bit more modern (not rust coloured, warmer, less constant mist, try to be able to hold a conversation above 50mph, hopefully be a little less wet when it rains etc) while still looking like a Defender. 

I originally started out to just replace the chassis and reassemble but the usual happened and everything turned out to be a complete mess and not worth reassembling. 

I was / am intending on a build blog but a) I never seem to get any time to work on the car never mind do a build blog, b) I work on a computer all day so try to avoid them as much as I can, c) I am lazy and d) I keep forgetting to take pictures.

I too am interested in how I am going to go about building the dashboard. It is a job I have been putting off for far too long. I am pretty good with a spanner, general fabrication, electronics, hitting things with hammers but less so with the interior subtleties. I WILL (try) to take some photos and put a build blog together. Unless it turns out to be terrible, in which case I wont! 

As for not being road legal: it has a chassis built to the original spec (albeit with 300Tdi engine mounts), original suspension setup and original steering components, so 9 points. I know there is an argument that the DVLA 'radically altered vehicles' definition really doesn't work for Land Rovers on a chassis. For example the 300Tdi and R380 were in the car when I bought it 12 years ago, I replaced the front axle about 8 years ago as it was in poor condition (rot / mechanically poor), and replaced the rear axle during this rebuild for the same reasons. Finding standard age related parts for a 4C in decent condition is pretty difficult. I guess it is going to be much the same for many of the Land rovers on the road. 

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