Land Rover Range Rover Depreciation

A Land Rover Range Rover will depreciate 62% after 5 years and have a 5 year resale value of $56,283.

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 13,500 miles per year, and assumes a purchase price of $150,009 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $38,417 74.39% $111,592 13,500 2021
2 $52,383 65.08% $97,626 27,000 2022
3 $72,364 51.76% $77,645 40,500 2023
4 $85,625 42.92% $64,384 54,000 2024
5 $93,726 37.52% $56,283 67,500 2025
6 $100,086 33.28% $49,923 81,000 2026
7 $103,776 30.82% $46,233 94,500 2027
8 $114,832 23.45% $35,177 108,000 2028
9 $119,827 20.12% $30,182 121,500 2029
10 $124,462 17.03% $25,547 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $38,417 74.39% $111,592
2 $52,383 65.08% $97,626
3 $72,364 51.76% $77,645
4 $85,625 42.92% $64,384
5 $93,726 37.52% $56,283
6 $100,086 33.28% $49,923
7 $103,776 30.82% $46,233
8 $114,832 23.45% $35,177
9 $119,827 20.12% $30,182
10 $124,462 17.03% $25,547

Land Rover Range Rover Depreciation Calculator

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If you purchase a used Land Rover Range Rover that is 2 years old, then you could save $52,383 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 $41,343. 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.

The Best Model Years to Buy a Land Rover Range Rover

The 2016 Land Rover Range Rover is our top pick for the best model year value for the Range Rover. With the 2016, you would only pay, on average, 43% 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 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
2020 $150,009 $150,009 $449 $0 0% 100%
2019 $146,441 $109,478 $539 $40,531 27.02% 74.39% Good
2018 $143,197 $93,904 $708 $15,574 14.23% 65.08% Good
2017 $140,516 $73,697 $965 $20,207 21.52% 51.76% Better
2016 $131,784 $57,702 $1,134 $15,995 21.7% 42.92% Best
2015 $129,258 $49,977 $1,477 $7,725 13.39% 37.52% Better
2014 $128,021 $44,712 $2,102 $5,265 10.53% 33.28%
2013 $119,229 $39,147 $2,398 $5,565 12.45% 30.82%
2012 $83,203 $22,103 $2,595 $17,044 43.54% 23.45%
2011 $82,823 $19,647 $2,986 $2,456 11.11% 20.12%
2010 $82,465 $17,116 $3,072 $2,531 12.88% 17.03%
2009 $81,653 $14,508 $3,542 $2,608 15.24% 13.43%
2008 $81,175 $12,175 $4,209 $2,333 16.08% 9.81%
Year Price % Paid Value Rank
2020 $150,009 100%
2019 $109,478 74.39% Good
2018 $93,904 65.08% Good
2017 $73,697 51.76% Better
2016 $57,702 42.92% Best
2015 $49,977 37.52% Better
2014 $44,712 33.28%
2013 $39,147 30.82%
2012 $22,103 23.45%
2011 $19,647 20.12%
2010 $17,116 17.03%
2009 $14,508 13.43%
2008 $12,175 9.81%
Our Favorite Land Rover Range Rover Photo

About Our Data and "Useful Lifespan"

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 September 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.