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How much is Land Rover depreciation?
I’ve been toying with the idea of buying a Land Rover for a few years, and I’m finally ready to pull the trigger. I’d prefer a new one, but I’ll let someone else take the hit if the depreciation is ridiculous. How much do Land Rovers typically depreciate?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Although it varies by model, Land Rovers typically depreciate by about 56% over five years. That’s on the higher range of the depreciation spectrum, but there’s good reason for that: few people who want a Land Rover want a used Land Rover. As a result, used Land Rovers depreciate more because the market is weak—not due to quality concerns.
However, that can play in your favor. If you’re not concerned about whether the Land Rover is used, you can usually get a bargain if you buy a used model. Shop around to find the best option, and you may find superb value.
If you’re a bargain-hunter, then one thing that might excite you is lowering your
Land Rover insurance costs
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- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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