Ineos Quartermaster vs Land Rover Defender
Value retention, real cost and monthly money, compared on the same 2026 South African data.
Too close to call on resale: both keep about 61% of their value over three years. Decide on the deal, not the badge.
Both curves, one chart
Head to head
| Quartermaster | Defender | |
|---|---|---|
| New price (from) | R 1 519 000 | R 1 839 400 |
| ±Monthly instalment | R 26 550/m | R 32 150/m |
| Retained after 1 year | 80% | 79% |
| Retained after 3 years | 61% | 60% |
| Value after 3 years | R 925 043 | R 1 106 412 |
| Lost to depreciation (3y) | R 593 957 | R 732 988 |
| Value after 5 years | R 688 082 | R 817 038 |
| Our tier | Premium (established) | Premium (established) |
Ineos Quartermaster →
Double-cab bakkie version of the Grenadier, launched in SA in 2024 and priced from around R1.52 million, which puts it among the most expensive bakkies on the market. The load bed takes a full pallet and the BMW-engined mechanicals mirror the wagon. It is a niche buy with an unproven resale story.
Known for: one of sa's priciest bakkies
Land Rover Defender →
The classic Defender was a farm and safari staple in South Africa until 2016, and the monocoque reinvention that arrived in 2020 turned the nameplate into JLR SA's biggest seller. It spans 90, 110 and 130 bodies with diesel, petrol and V8 power. Demand stays strong and it holds value better than any other Land Rover product.
Known for: go-anywhere image and strong demand
Common questions
Which holds value better, the Ineos Quartermaster or the Land Rover Defender?
They are close to inseparable: 61% vs 60% retained after three years. Buy on price, spec and the deal you can get, not on resale.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The Ineos Quartermaster loses about R 593 957 over three years and the Land Rover Defender loses about R 732 988. Fuel, insurance and servicing can narrow or widen that, but the depreciation gap is the number to start from.
What do they cost per month?
On typical finance (10% deposit, 72 months, 11.75%), the Ineos Quartermaster runs about R 26 550 per month and the Land Rover Defender about R 32 150, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.