A Land Rover Range Rover Sport will depreciate 42% after 5 years and have a 5 year resale value of $64,920.
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 $111,661 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 Sport.
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Land Rover Range Rover Sport Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $13,879 | 87.57% | $97,782 | 12,000 | 2022 |
| 2 | $15,633 | 86.00% | $96,028 | 24,000 | 2023 |
| 3 | $18,022 | 83.86% | $93,639 | 36,000 | 2024 |
| 4 | $26,073 | 76.65% | $85,588 | 48,000 | 2025 |
| 5 | $46,741 | 58.14% | $64,920 | 60,000 | 2026 |
| 6 | $60,074 | 46.20% | $51,587 | 72,000 | 2027 |
| 7 | $64,406 | 42.32% | $47,255 | 84,000 | 2028 |
| 8 | $70,358 | 36.99% | $41,303 | 96,000 | 2029 |
| 9 | $79,313 | 28.97% | $32,348 | 108,000 | 2030 |
| 10 | $84,003 | 24.77% | $27,658 | 120,000 | 2031 |
Land Rover Range Rover Sport Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $13,879 | 87.57% | $97,782 |
| 2 | $15,633 | 86.00% | $96,028 |
| 3 | $18,022 | 83.86% | $93,639 |
| 4 | $26,073 | 76.65% | $85,588 |
| 5 | $46,741 | 58.14% | $64,920 |
| 6 | $60,074 | 46.20% | $51,587 |
| 7 | $64,406 | 42.32% | $47,255 |
| 8 | $70,358 | 36.99% | $41,303 |
| 9 | $79,313 | 28.97% | $32,348 |
| 10 | $84,003 | 24.77% | $27,658 |
Buying a Land Rover Range Rover Sport New vs Used
If you purchase a used Land Rover Range Rover Sport that is 2 years old, then you could save $15,633 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 $31,108. 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 Sport models become available.
What About Land Rover Range Rover Sport Insurance Costs?
The average cost to insure a Land Rover Range Rover Sport is about $3,336 per year.This adds up to around $16,680 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 Sport. 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 Sport
The 2021 Land Rover Range Rover Sport is our top pick for the best model year value for the Range Rover Sport. With the 2021, you would only pay, on average, 88% of the price as new, with 92% of the vehicle's useful life remaining.The 2016 and 2017 model years are also attractive years for the Range Rover Sport, and provide a relatively good value. Our rankings consider multiple factors, including the Range Rover Sport'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 Sport models.
Land Rover Range Rover Sport Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2022 | $111,661 | $111,661 | $655 | $0 | 0% | 100% | Good |
| 2021 | $111,337 | $98,249 | $751 | $13,412 | 12.01% | 87.57% | Best |
| 2020 | $89,540 | $77,004 | $905 | $21,245 | 21.62% | 86% | |
| 2019 | $88,952 | $75,746 | $1,151 | $1,258 | 1.63% | 83.86% | |
| 2018 | $88,470 | $69,171 | $1,355 | $6,575 | 8.68% | 76.65% | |
| 2017 | $85,845 | $51,586 | $1,677 | $17,585 | 25.42% | 58.14% | Better |
| 2016 | $85,506 | $41,831 | $2,329 | $9,755 | 18.91% | 46.2% | Better |
| 2015 | $83,219 | $37,807 | $2,588 | $4,024 | 9.62% | 42.32% | Good |
| 2014 | $84,654 | $34,141 | $2,829 | $3,666 | 9.7% | 36.99% | |
| 2013 | $65,277 | $22,100 | $3,187 | $12,041 | 35.27% | 28.97% | |
| 2012 | $64,601 | $19,235 | $3,233 | $2,865 | 12.96% | 24.77% | |
| 2011 | $64,076 | $16,775 | $3,616 | $2,460 | 12.79% | 20.54% | |
| 2010 | $63,503 | $15,449 | $4,172 | $1,326 | 7.9% | 17.76% |
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| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2022 | $111,661 | 100% | Good |
| 2021 | $98,249 | 87.57% | Best |
| 2020 | $77,004 | 86% | |
| 2019 | $75,746 | 83.86% | |
| 2018 | $69,171 | 76.65% | |
| 2017 | $51,586 | 58.14% | Better |
| 2016 | $41,831 | 46.2% | Better |
| 2015 | $37,807 | 42.32% | Good |
| 2014 | $34,141 | 36.99% | |
| 2013 | $22,100 | 28.97% | |
| 2012 | $19,235 | 24.77% | |
| 2011 | $16,775 | 20.54% | |
| 2010 | $15,449 | 17.76% |
Land Rover Range Rover Sport Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Land Rover Range Rover Sport ranks for Depreciation compared to other vehicles. Also check out how the Range Rover Sport stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Land Rover Range Rover Sport 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 Sport 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:
- Land Rover Range Rover Sport Maintenance
- Land Rover Range Rover Sport Insurance
- Land Rover Range Rover Sport Financing
- All Land Rover Range Rover Sport Costs
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