Land Rover Range Rover Depreciation

A Land Rover Range Rover will depreciate 58% after 5 years and have a 5 year resale value of $59,708.

When you buy a Range Rover, new or used, expect to lose A LOT of money. If you have to have one, and you have a big bank account, well, don't hold back. However, you should realize that it will depreciate significantly over many years. Moreover, the cost of maintenance, repairs and parts will knock you over, so buyer beware. Also, if buying used, make sure you see the service records and the recall notices, as there has been some big technical issues as of late. Rational minds will look elsewhere.

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 $142,739 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.

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Land Rover Range Rover Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,635 93.25% $133,104 12,000 2025
2 $57,923 59.42% $84,816 24,000 2026
3 $67,045 53.03% $75,694 36,000 2027
4 $70,813 50.39% $71,926 48,000 2028
5 $83,031 41.83% $59,708 60,000 2029
6 $89,383 37.38% $53,356 72,000 2030
7 $96,634 32.30% $46,105 84,000 2031
8 $104,428 26.84% $38,311 96,000 2032
9 $105,941 25.78% $36,798 108,000 2033
10 $112,493 21.19% $30,246 120,000 2034

Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,635 93.25% $133,104
2 $57,923 59.42% $84,816
3 $67,045 53.03% $75,694
4 $70,813 50.39% $71,926
5 $83,031 41.83% $59,708
6 $89,383 37.38% $53,356
7 $96,634 32.30% $46,105
8 $104,428 26.84% $38,311
9 $105,941 25.78% $36,798
10 $112,493 21.19% $30,246

Buying a Land Rover Range Rover New vs Used

If you purchase a used Land Rover Range Rover that is 2 years old, then you could save $57,923 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 $25,108. 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 models become available.

What About Land Rover Range Rover Insurance Costs?

The average cost to insure a Land Rover Range Rover is about $4,898 per year. This adds up to around $24,490 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 Range Rover. 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 Range Rover

The 2022 Land Rover Range Rover is our top pick for the best model year value for the Range Rover. With the 2022, you would only pay, on average, 59% of the price as new, with 83% of the vehicle's useful life remaining. The 2021 and 2019 model years are also attractive years for the Range Rover, and provide a relatively good value. Our rankings consider multiple factors, including the Range Rover'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 Range Rover models.

Land Rover Range Rover Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2024 $142,739 $142,739 $835 $0 0% 100%
2023 $145,702 $135,863 $959 $6,876 4.82% 93.25%
2022 $131,111 $77,906 $1,154 $57,957 42.66% 59.42% Best
2021 $130,849 $69,385 $1,469 $8,521 10.94% 53.03% Better
2020 $150,009 $75,594 $1,728 +$6,209 -8.95% 50.39% Good
2019 $146,441 $61,250 $2,137 $14,344 18.98% 41.83% Better
2018 $143,197 $53,523 $2,454 $7,727 12.62% 37.38% Good
2017 $140,516 $45,386 $2,575 $8,137 15.2% 32.3%
2016 $131,784 $35,373 $2,658 $10,013 22.06% 26.84%
2015 $129,258 $33,318 $2,768 $2,055 5.81% 25.78%
2014 $128,021 $27,129 $2,929 $6,189 18.58% 21.19%
2013 $119,229 $24,486 $3,179 $2,643 9.74% 20.54%
2012 $83,203 $15,324 $3,425 $9,162 37.42% 18.42%
Year Price % Paid Value Rank
2024 $142,739 100%
2023 $135,863 93.25%
2022 $77,906 59.42% Best
2021 $69,385 53.03% Better
2020 $75,594 50.39% Good
2019 $61,250 41.83% Better
2018 $53,523 37.38% Good
2017 $45,386 32.3%
2016 $35,373 26.84%
2015 $33,318 25.78%
2014 $27,129 21.19%
2013 $24,486 20.54%
2012 $15,324 18.42%

Land Rover Range Rover Depreciation Rankings


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

Other Land Rover Range Rover 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 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:

Land Rover Range Rovers For Sale

2023 Land Rover Range Rover SE

Mileage: 26,907
Mileage: 26,907     Price: $104,295
Location: Ashburn, VA ~ 2 miles away
Dealer: Bentley Washington D.c.
Days on Market: 49
Colors (ext/int): Portofino Blue Metallic / Perlino Perfora

$104,295


2024 Land Rover Range Rover SE

Mileage: 4,220
Mileage: 4,220     Price: $138,995
Location: Ashburn, VA ~ 2 miles away
Dealer: Exclusive Automotive Group
Days on Market: 76
Colors (ext/int): Belgravia Green Metallic / Caraway Windsor

$138,995


2024 Land Rover Range Rover SE

Mileage: 5,251
Mileage: 5,251     Price: $139,295
Location: Ashburn, VA ~ 2 miles away
Dealer: Bentley Washington D.c.
Days on Market: 61
Colors (ext/int): Fuji White / Perlino

$139,295


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