Land Rover Range Rover Depreciation

A Land Rover Range Rover will depreciate 63% after 5 years and have a 5 year resale value of $55,784.

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 $151,793 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 $48,680 67.93% $103,113 12,000 2022
2 $55,511 63.43% $96,282 24,000 2023
3 $66,379 56.27% $85,414 36,000 2024
4 $84,382 44.41% $67,411 48,000 2025
5 $96,009 36.75% $55,784 60,000 2026
6 $103,265 31.97% $48,528 72,000 2027
7 $107,652 29.08% $44,141 84,000 2028
8 $110,520 27.19% $41,273 96,000 2029
9 $121,920 19.68% $29,873 108,000 2030
10 $126,201 16.86% $25,592 120,000 2031

Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value
1 $48,680 67.93% $103,113
2 $55,511 63.43% $96,282
3 $66,379 56.27% $85,414
4 $84,382 44.41% $67,411
5 $96,009 36.75% $55,784
6 $103,265 31.97% $48,528
7 $107,652 29.08% $44,141
8 $110,520 27.19% $41,273
9 $121,920 19.68% $29,873
10 $126,201 16.86% $25,592

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 $55,511 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 $40,498. 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 $2,844 per year. This adds up to around $14,220 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 2020 Land Rover Range Rover is our top pick for the best model year value for the Range Rover. With the 2020, you would only pay, on average, 68% of the price as new, with 92% of the vehicle's useful life remaining. The 2017 and 2016 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
2021 $151,793 $151,793 $735 $0 0% 100%
2020 $150,009 $102,733 $832 $49,060 32.32% 67.93% Best
2019 $146,441 $93,873 $985 $8,860 8.62% 63.43% Good
2018 $143,197 $81,812 $1,231 $12,061 12.85% 56.27% Good
2017 $140,516 $63,834 $1,435 $17,978 21.97% 44.41% Better
2016 $131,784 $50,192 $1,757 $13,642 21.37% 36.75% Better
2015 $129,258 $43,738 $2,409 $6,454 12.86% 31.97%
2014 $128,021 $39,896 $2,668 $3,842 8.78% 29.08%
2013 $119,229 $35,332 $2,909 $4,564 11.44% 27.19%
2012 $83,203 $19,642 $3,267 $15,690 44.41% 19.68%
2011 $82,823 $17,280 $3,313 $2,362 12.03% 16.86%
2010 $82,465 $14,405 $3,697 $2,875 16.64% 12.98%
2009 $81,653 $12,972 $4,252 $1,433 9.95% 10.68%
Year Price % Paid Value Rank
2021 $151,793 100%
2020 $102,733 67.93% Best
2019 $93,873 63.43% Good
2018 $81,812 56.27% Good
2017 $63,834 44.41% Better
2016 $50,192 36.75% Better
2015 $43,738 31.97%
2014 $39,896 29.08%
2013 $35,332 27.19%
2012 $19,642 19.68%
2011 $17,280 16.86%
2010 $14,405 12.98%
2009 $12,972 10.68%

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: