I've owned a 96 Montero. It was a great vehicle for adventures, but ended up costing me a lot of money in a short time. I went to a Jeep Liberty next. Great vehicle too, very reliable, but not as good an off roader as I wanted. After that I bought my first Land Rover, a 96 Discovery, for only 500.00 with a broken front driveshaft u joint. I fixed that and did the full maintenance and drove it back and forth cross country without a single problem. I then ran into a nicer 95 Discovery with only 100K miles for 700.00. It wouldn't start, but it ended up just being a loose starter wire. Fired right up and ran well except for an exhaust manifold leak, which cost me 50.00 to fix. Been driving this daily without any issues for over a year. I also have a Range Rover Classic which I bought for 1900.00. On this one, I have had to do the brakes, fix a fuel line, and replace the distributor. Otherwise it has been a great vehicle as well. The bottom line is that great deals can be found on older Rovers, and I definitely wouldn't be put off, especially if you like to do your own repairs. Paying to have one fixed could become expensive. As far as performance, they are superb. Drive nicely on the road and have a superior design for off road use in stock form. With mods, the sky is the limit.
"The most unreliable car in the world is the most reliable car in the world." -Jeremy Clarkson
"Adventure starts when everything goes wrong." -Yvon Chouinard
1999 Discovery Series II "Oryx"
1989 Range Rover Classic SWB "Addax"
1992 Range Rover Classic SWB "Green Buffalo"
1995 Discovery V8i "Crikey II" (Sold)
1996 Discovery SD "Crikey I" (Sold)
2001 Jaguar XJ8L Vanden Plas "Prince Harry"