Land Rover Range Rover Depreciation

A Land Rover Range Rover will depreciate 56% after 5 years and have a 5 year resale value of $57,623.

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 $131,111 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.

Land Rover Range Rover Depreciation Calculator

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Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $1,927 98.53% $129,184 12,000 2022
2 $36,396 72.24% $94,715 24,000 2023
3 $47,856 63.50% $83,255 36,000 2024
4 $56,496 56.91% $74,615 48,000 2025
5 $73,488 43.95% $57,623 60,000 2026
6 $83,282 36.48% $47,829 72,000 2027
7 $86,245 34.22% $44,866 84,000 2028
8 $91,607 30.13% $39,504 96,000 2029
9 $94,216 28.14% $36,895 108,000 2030
10 $102,031 22.18% $29,080 120,000 2031

Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value
1 $1,927 98.53% $129,184
2 $36,396 72.24% $94,715
3 $47,856 63.50% $83,255
4 $56,496 56.91% $74,615
5 $73,488 43.95% $57,623
6 $83,282 36.48% $47,829
7 $86,245 34.22% $44,866
8 $91,607 30.13% $39,504
9 $94,216 28.14% $36,895
10 $102,031 22.18% $29,080

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 $36,396 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 $37,092. 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 $3,821 per year. This adds up to around $19,105 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 2017 Land Rover Range Rover is our top pick for the best model year value for the Range Rover. With the 2017, you would only pay, on average, 44% of the price as new, with 58% of the vehicle's useful life remaining. The 2016 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
2022 $131,111 $131,111 $694 $0 0% 100%
2021 $130,849 $129,722 $790 $1,389 1.06% 98.53%
2020 $150,009 $109,318 $944 $20,404 15.73% 72.24% Good
2019 $146,441 $94,176 $1,190 $15,142 13.85% 63.5% Better
2018 $143,197 $82,890 $1,394 $11,286 11.98% 56.91% Good
2017 $140,516 $63,474 $1,715 $19,416 23.42% 43.95% Best
2016 $131,784 $50,441 $2,367 $13,033 20.53% 36.48% Better
2015 $129,258 $46,863 $2,627 $3,578 7.09% 34.22%
2014 $128,021 $41,441 $2,868 $5,422 11.57% 30.13%
2013 $119,229 $36,772 $3,226 $4,669 11.27% 28.14%
2012 $83,203 $21,729 $3,272 $15,043 40.91% 22.18%
2011 $82,823 $18,015 $3,655 $3,714 17.09% 17.34%
2010 $82,465 $17,036 $4,211 $979 5.43% 15.55%
Year Price % Paid Value Rank
2022 $131,111 100%
2021 $129,722 98.53%
2020 $109,318 72.24% Good
2019 $94,176 63.5% Better
2018 $82,890 56.91% Good
2017 $63,474 43.95% Best
2016 $50,441 36.48% Better
2015 $46,863 34.22%
2014 $41,441 30.13%
2013 $36,772 28.14%
2012 $21,729 22.18%
2011 $18,015 17.34%
2010 $17,036 15.55%

Land Rover Range Rover Depreciation Rankings

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.

Depreciation Rankings

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: