Land Rover Range Rover Depreciation

A Land Rover Range Rover will depreciate 66% after 5 years and have a 5 year resale value of $51,303.

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, 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 $48,048 67.97% $101,961 13,500 2021
2 $59,614 60.26% $90,395 27,000 2022
3 $81,365 45.76% $68,644 40,500 2023
4 $93,366 37.76% $56,643 54,000 2024
5 $98,706 34.20% $51,303 67,500 2025
6 $105,516 29.66% $44,493 81,000 2026
7 $108,306 27.80% $41,703 94,500 2027
8 $119,857 20.10% $30,152 108,000 2028
9 $126,038 15.98% $23,971 121,500 2029
10 $128,333 14.45% $21,676 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $48,048 67.97% $101,961
2 $59,614 60.26% $90,395
3 $81,365 45.76% $68,644
4 $93,366 37.76% $56,643
5 $98,706 34.20% $51,303
6 $105,516 29.66% $44,493
7 $108,306 27.80% $41,703
8 $119,857 20.10% $30,152
9 $126,038 15.98% $23,971
10 $128,333 14.45% $21,676

Land Rover Range Rover Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Land Rover Range Rover that is 2 years old, then you could save $59,614 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 $39,092. 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.

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, 46% of the price as new, with 75% of the vehicle's useful life remaining. The 2016 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 $100,082 $539 $49,927 33.28% 67.97% Good
2018 $143,197 $86,992 $708 $13,090 13.08% 60.26% Good
2017 $140,516 $65,268 $965 $21,724 24.97% 45.76% Best
2016 $131,784 $50,901 $1,134 $14,367 22.01% 37.76% Better
2015 $129,258 $45,685 $1,477 $5,216 10.25% 34.2% Better
2014 $128,021 $40,069 $2,102 $5,616 12.29% 29.66%
2013 $119,229 $35,546 $2,398 $4,523 11.29% 27.8%
2012 $83,203 $19,322 $2,595 $16,224 45.64% 20.1%
2011 $82,823 $16,221 $2,986 $3,101 16.05% 15.98%
2010 $82,465 $14,992 $3,072 $1,229 7.58% 14.45%
2009 $81,653 $12,085 $3,542 $2,907 19.39% 10.46%
2008 $81,175 $10,762 $4,209 $1,323 10.95% 8.07%
Year Price % Paid Value Rank
2020 $150,009 100%
2019 $100,082 67.97% Good
2018 $86,992 60.26% Good
2017 $65,268 45.76% Best
2016 $50,901 37.76% Better
2015 $45,685 34.2% Better
2014 $40,069 29.66%
2013 $35,546 27.8%
2012 $19,322 20.1%
2011 $16,221 15.98%
2010 $14,992 14.45%
2009 $12,085 10.46%
2008 $10,762 8.07%
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 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.