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Land Rover Discovery depreciation: value by age

Value kept after 3 years

48%

  • Loses 52% in 3 years.
  • 2023 P300 S (2023.5) 4WD. New: $59,875. Now: $28,700.
  • Median SUV at 3 years: 63% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrDiscoverySUV median
Share of original MSRP kept, by age. Blue: median of 82 to 183 SUVs per age.
Land Rover Discovery value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242P300 S AWD$61,375$34,000KBB fair price55%$27,375$13,688
20233P300 S (2023.5) 4WD$59,875$28,700KBB fair price48%$31,175$10,392
20224P300 S 4WD$55,375$25,600KBB fair price46%$29,775$7,444
20215P300 S 4WD$55,250$24,400KBB fair price44%$30,850$6,170
20206SE Td6 4WD$55,650$22,800KBB fair price41%$32,850$5,475
20197SE 4WD$52,950 MSRP only$16,800KBB typical listing32%$36,150$5,164
20188SE 4WD$53,085$15,500KBB typical listing29%$37,585$4,698
20179SE 4WD$51,585$13,150KBB fair price25%$38,435$4,271
Biggest drop
New to age 2: $13,688 a year.
Values as of
October 2026

KBB resale value by year

Land Rover Discovery: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$61,375$38,780$32,300$28,884$26,003
2023$58,075$41,851$38,468$27,000$23,970$21,442
2022$43,369$33,764$28,670$24,100$20,940$18,284
2021$32,677$29,744$25,639$23,000N/AN/A
2020$27,422$20,896$19,714$16,400$14,230$12,406
2019$19,437$18,454$15,596$14,100$11,403$9,167
2018$18,556$16,211$11,676$12,050N/AN/A
2017$20,808$14,827$13,279$12,500N/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked