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Land Rover Defender Depreciation
A Land Rover Defender will depreciate 48% after 5 years and have a 5 year resale value of $49,268.
The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $94,619 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Land Rover Defender.
Land Rover Defender Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $24,629 | 73.97% | $69,990 | 13,500 | 2026 |
| 2 | $35,321 | 62.67% | $59,298 | 27,000 | 2027 |
| 3 | $42,512 | 55.07% | $52,107 | 40,500 | 2028 |
| 4 | $43,932 | 53.57% | $50,687 | 54,000 | 2029 |
| 5 | $45,351 | 52.07% | $49,268 | 67,500 | 2030 |
| 6 | $64,341 | 32.00% | $30,278 | 81,000 | 2031 |
| 7 | $67,813 | 28.33% | $26,806 | 94,500 | 2032 |
| 8 | $71,513 | 24.42% | $23,106 | 108,000 | 2033 |
| 9 | $73,188 | 22.65% | $21,431 | 121,500 | 2034 |
| 10 | $74,796 | 20.95% | $19,823 | 135,000 | 2035 |
Land Rover Defender Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $24,629 | 73.97% | $69,990 |
| 2 | $35,321 | 62.67% | $59,298 |
| 3 | $42,512 | 55.07% | $52,107 |
| 4 | $43,932 | 53.57% | $50,687 |
| 5 | $45,351 | 52.07% | $49,268 |
| 6 | $64,341 | 32.00% | $30,278 |
| 7 | $67,813 | 28.33% | $26,806 |
| 8 | $71,513 | 24.42% | $23,106 |
| 9 | $73,188 | 22.65% | $21,431 |
| 10 | $74,796 | 20.95% | $19,823 |
Help me understand
Buying a Land Rover Defender New vs Used
If you purchase a used Land Rover Defender that is 2 years old, then you could save $35,321 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $10,030. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Defender models become available.
What About Land Rover Defender Insurance Costs?
The average cost to insure a Land Rover Defender is about $3,343 per year. This adds up to around $16,715 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Land Rover Defender. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure
The Best Model Years to Buy a Land Rover Defender
The 2023 Land Rover Defender is our top pick for the best model year value for the Defender. With the 2023, you would only pay, on average, 63% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2024 model years are also attractive years for the Defender, and provide a relatively good value. Our rankings consider multiple factors, including the Defender's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Land Rover Defender models.
Land Rover Defender Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2025 | $94,619 | $94,619 | $761 | $0 | 0% | 100% | |
| 2024 | $97,063 | $71,800 | $873 | $22,819 | 24.12% | 73.97% | Better |
| 2023 | $93,753 | $58,752 | $1,091 | $13,048 | 18.17% | 62.67% | Best |
| 2022 | $87,250 | $48,048 | $1,381 | $10,704 | 18.22% | 55.07% | Better |
| 2021 | $68,805 | $36,859 | $1,659 | $11,189 | 23.29% | 53.57% | Good |
| 2020 | $69,629 | $36,256 | $2,159 | $603 | 1.64% | 52.07% | Good |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2025 | $94,619 | 100% | |
| 2024 | $71,800 | 73.97% | Better |
| 2023 | $58,752 | 62.67% | Best |
| 2022 | $48,048 | 55.07% | Better |
| 2021 | $36,859 | 53.57% | Good |
| 2020 | $36,256 | 52.07% | Good |
Land Rover Defender Depreciation Rankings
We've ranked over 300 models from best to worst for Depreciation. See where the Land Rover Defender ranks for Depreciation compared to other vehicles. Also check out how the Defender stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Land Rover Defender Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Land Rover Defender costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:
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