Land Rover Range Rover Velar Depreciation

A Land Rover Range Rover Velar will depreciate 56% after 5 years and have a 5 year resale value of $34,060.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $78,048 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 Range Rover Velar.

Land Rover Range Rover Velar Depreciation Calculator

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Land Rover Range Rover Velar Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $16,523 78.83% $61,525 12,000 2022
2 $24,827 68.19% $53,221 24,000 2023
3 $29,206 62.58% $48,842 36,000 2024
4 $36,605 53.10% $41,443 48,000 2025
5 $43,988 43.64% $34,060 60,000 2026
6 $48,881 37.37% $29,167 72,000 2027
7 $52,066 33.29% $25,982 84,000 2028
8 $55,375 29.05% $22,673 96,000 2029
9 $59,121 24.25% $18,927 108,000 2030
10 $63,539 18.59% $14,509 120,000 2031

Land Rover Range Rover Velar Depreciation

Years Old Depreciation Residual Value Resale Value
1 $16,523 78.83% $61,525
2 $24,827 68.19% $53,221
3 $29,206 62.58% $48,842
4 $36,605 53.10% $41,443
5 $43,988 43.64% $34,060
6 $48,881 37.37% $29,167
7 $52,066 33.29% $25,982
8 $55,375 29.05% $22,673
9 $59,121 24.25% $18,927
10 $63,539 18.59% $14,509

Buying a Land Rover Range Rover Velar New vs Used

If you purchase a used Land Rover Range Rover Velar that is 2 years old, then you could save $24,827 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 $19,161. 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 Range Rover Velar models become available.

Land Rover Range Rover Velar Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Land Rover Range Rover Velar ranks for Depreciation compared to other vehicles. Also check out how the Range Rover Velar stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Land Rover Range Rover Velar 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 Range Rover Velar 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: