Land Rovers are nice to look at, and a joy to ride in, but only if you don't mind losing a lot of money owning one. Land Rover has had some quality issues in the past, and it hasn't helped that the brand has been owned by multiple manufacturers (BMW, Ford, Tata Motors). This, along with high sticker prices and steep maintenance costs, have contributed to Rover's precipitous depreciation in the past. Unfortunately, given the high starting prices, the depreciation continues for years and years.
The 2016 is our top pick for the best model year value for the Land Rover vehicles. With the 2016, you would only pay, on average, 44% of the price as new, with 67% of the vehicle's useful life remaining. The 2017 and 2015 model years are also attractive years for the Land Rover models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Land Rover model.
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We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.
While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.
If you would like to know more about our data and process, check out our FAQ here.