Land Rover Range Rover Velar depreciation: value by age
Value kept after 3 years
52%
- Loses 48% in 3 years.
- 2023 P250 S AWD. New: $62,175. Now: $32,300.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | P250 S AWD | $63,375 | $36,800 | KBB fair price | 58% | $26,575 | $13,288 |
| 2023 | 3 | P250 S AWD | $62,175 | $32,300 | KBB fair price | 52% | $29,875 | $9,958 |
| 2022 | 4 | S P250 AWD | $60,175 | $30,900 | KBB fair price | 51% | $29,275 | $7,319 |
| 2021 | 5 | S P250 AWD | $58,600 | $24,800 | KBB fair price | 42% | $33,800 | $6,760 |
| 2020 | 6 | S P250 AWD | $57,860 | $21,600 | KBB fair price | 37% | $36,260 | $6,043 |
| 2019 | 7 | AWD | $50,975 | $18,250 | KBB fair price | 36% | $32,725 | $4,675 |
| 2018 | 8 | AWD | $50,895 | $16,450 | KBB fair price | 32% | $34,445 | $4,306 |
- Biggest drop
- New to age 2: $13,288 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $52,011 | $38,240 | $35,500 | $31,218 | $28,649 |
| 2023 | $56,625 | $43,545 | $37,677 | $30,400 | $26,980 | $24,128 |
| 2022 | $48,269 | $36,369 | $32,239 | $28,000 | $24,852 | $22,227 |
| 2021 | $38,919 | $30,252 | $24,352 | $23,300 | $20,210 | $17,609 |
| 2020 | $40,635 | $30,359 | $23,668 | $20,800 | $18,042 | $15,723 |
| 2019 | $22,061 | $20,892 | $16,611 | $16,250 | $13,147 | $10,572 |
| 2018 | $26,996 | $22,804 | $20,727 | N/A | N/A | N/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.
- 2 or more sources
- 1 source
- Model-level, rule or estimate