Land Rover Range Rover Depreciation

A Land Rover Range Rover will depreciate 63% after 5 years and have a 5 year resale value of $56,437.

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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $47,025 69.02% $104,768 12,000 2022
2 $54,539 64.07% $97,254 24,000 2023
3 $64,967 57.20% $86,826 36,000 2024
4 $83,107 45.25% $68,686 48,000 2025
5 $95,356 37.18% $56,437 60,000 2026
6 $101,686 33.01% $50,107 72,000 2027
7 $106,407 29.90% $45,386 84,000 2028
8 $109,579 27.81% $42,214 96,000 2029
9 $120,949 20.32% $30,844 108,000 2030
10 $125,639 17.23% $26,154 120,000 2031

Land Rover Range Rover Depreciation

Years Old Depreciation Residual Value Resale Value
1 $47,025 69.02% $104,768
2 $54,539 64.07% $97,254
3 $64,967 57.20% $86,826
4 $83,107 45.25% $68,686
5 $95,356 37.18% $56,437
6 $101,686 33.01% $50,107
7 $106,407 29.90% $45,386
8 $109,579 27.81% $42,214
9 $120,949 20.32% $30,844
10 $125,639 17.23% $26,154

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 $54,539 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 $40,817. 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 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, 69% 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 $753 $0 0% 100%
2020 $150,009 $104,375 $843 $47,418 31.24% 69.02% Best
2019 $146,441 $94,834 $1,012 $9,541 9.14% 64.07% Good
2018 $143,197 $83,181 $1,269 $11,653 12.29% 57.2% Good
2017 $140,516 $65,024 $1,438 $18,157 21.83% 45.25% Better
2016 $131,784 $50,778 $1,781 $14,246 21.91% 37.18% Better
2015 $129,258 $45,072 $2,406 $5,706 11.24% 33.01%
2014 $128,021 $40,982 $2,702 $4,090 9.07% 29.9%
2013 $119,229 $36,052 $2,899 $4,930 12.03% 27.81%
2012 $83,203 $20,201 $3,290 $15,851 43.97% 20.32%
2011 $82,823 $17,649 $3,376 $2,552 12.63% 17.23%
2010 $82,465 $15,194 $3,846 $2,455 13.91% 13.76%
2009 $81,653 $13,055 $4,512 $2,139 14.08% 10.46%
Year Price % Paid Value Rank
2021 $151,793 100%
2020 $104,375 69.02% Best
2019 $94,834 64.07% Good
2018 $83,181 57.2% Good
2017 $65,024 45.25% Better
2016 $50,778 37.18% Better
2015 $45,072 33.01%
2014 $40,982 29.9%
2013 $36,052 27.81%
2012 $20,201 20.32%
2011 $17,649 17.23%
2010 $15,194 13.76%
2009 $13,055 10.46%

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: