Actually price look strong for defenders now, last time I looked I'd have said 5k, I paid 6k for a 98R Range Rover nearly 5 years ago. But having just looked in Auto Trader, you could spend 6k on anything from a Late Low Mileage 2.5TD right though to a 300TDi. So I appologise prices do seem high for defenders especially TDI ones. Round here I reckone a 300TDi is worth slighlty more than a like for like TD5, and a 110 is worth more than a 130. I am surprices though at the prices round us there a 3 110s advertised a 93k with 76k miles at £10k, a 96P with 100k miles at £11k and a 97R with 104k miles at £10k.
So those figure show just how wrong I was :oops: :oops:
Obviously your friends has nearly twice the mileage, and may be a 130 but given those I might be tempted to advertise it abit higher than you suggested, and see how it goes. Bear in mind that this is about the worst week possible for selling a car !!!!