If you are the owner of a Range Rover Evoque in good condition, you're in a fortunate position, because they hold on to their value like its nobody's business. But, if you are looking to buy a used model, be prepared to pay handsomely for one.
The ever-attractive Range Rover Evoque is the entry point into Range River ownership. It makes a statement and announces your arrival, so it's easy to see why one would be tempted to seek out a Range Rover Evoque as your next car. This decision is not one made lightly, as the brand's reputation may have you worried about losing a significant amount of money down the road when it comes time to sell.
The good news is that the Range Rover Evoque has proven to hold its value rather well. By sampling the 2019 release of the updated Range Rover Evoque, we were able to extract current retail values and compare them to their prices when new. While this doesn't account for inflation, it gives a firm indication of how well the models retain their values. By sampling the 2019 model series, we also have a better understanding of the effect on the depreciation once the vehicle's warranty and maintenance plan have expired.
The D180 range (since discontinued and replaced with the D200) has only lost an average of 14.9% of its value over the last 5 years. The petrol-powered D250, now replaced by the P300e hybrid version, lost a little more over the same time with an average loss of 16%.
Here is a 2018 list of the top 15 used SUVs that hold their value the best, based on data provided by TransUnion. At the top of the list is the 2.0-litre diesel Evoque, the TD4 SE, with a value retention of a whopping 90%. Who knew an Evoque could have better resale value than the ever-popular Toyota Fortuner?
What's more, in the past couple of years, its depreciation value has actually increased, if that makes any sense. In 2014, a 2011 Range Rover Evoque 2.2 SD4 Dynamic turbodiesel was still selling for 80.82% of its original retail price, with the 2.0 Si4 hot on its heels at 80.81%. That's an impressive 10% increase over the past eight years.
Interestingly, if you look at the table below, the Land Rover Discovery Sport 2.2 TD4 S beats the Toyota RAV4 2.2D VX to the no. 10 spot, but the 2.0-litre RAV4 GX sits confidently at number three.
The Velar name was derived from the Italian "velare" meaning to veil or to cover. Range Rover development engineer Geof Miller used the name as a decoy for registering pre-production Range Rovers.
, Discovery, and Range Rover Evoque all won Model-Level Residual Value Awards for 2023 from the J.D. Power
J.D. Power
J.D. Power is an American data analytics, software, and consumer intelligence company founded in 1968. The company specializes in the use of big data, artificial intelligence, and algorithmic models examining consumer behavior. The firm's business model has evolved to emphasize data and analytics and software products.
Based on a recent report from carwow, Land Rover vehicles hold 63% of the original value, after 5 years from the year it was made. Carwow data reveals what cars hold their value best in 2021, looking at both makes and models. Land Rover tops the chart holding 63% of its original value after five years.
It's a good used buy today: there's lots of choice, a wide spread of engines and it shouldn't be too hard to find a car specced to your taste. Reliability is a bit of a concern, but find a good example and you'll be amazed how modern your used SUV will still look and feel.
A Land Rover Range Rover Evoque will cost about $16,365 for maintenance and repairs during its first 10 years of service. This is more than the industry average for luxury SUV models by $651. There is also a 49.63% chance that a Range Rover Evoque will require a major repair during that time.
Insurance for a Range Rover Evoque rose 47 per cent from £1,072 to £1,578 and Land Rover Discovery cover went up 39 per cent to £1,309. Car insurance went up across the board, with the average premium rising 33 per cent from 2022 to an average of £1,384 for 2023.
Range Rover Velar, Discovery, and Range Rover Evoque all won Model-Level Residual Value Awards for 2023 from the J.D. Power Awards - meaning they are the most likely vehicles to hold the highest percentage of their MSRP value after three years. But you need to take the good with the bad...
If you are the owner of a Range Rover Evoque in good condition, you're in a fortunate position, because they hold on to their value like its nobody's business. But, if you are looking to buy a used model, be prepared to pay handsomely for one.
This is a premium vehicle and you will need to budget for premium prices when it comes to servicing and other costs, too. However, Land Rover's fixed-price servicing plans help owners map out their future costs.
Most problems centre on the non-engine electrics, especially around the air-con and sat-nav units, with gearbox woes a close second, followed by engine and suspension issues. Automatic gearbox problems on the Evoque are fairly common.
Is the Range Rover Evoque worth buying? We reckon so, yes. It's a much better all-round car than the previous generation, and its focus on style doesn't mean you need to compromise on quality, comfort and space. Having said that, there are more practical premium SUV offerings on the market.
Confidence in various conditions is provided by Intelligent All-Wheel Drive and Torque Vectoring by braking, with customary Range Rover all-terrain capability supported by pioneering technologies including All-Terrain Progress Control and Terrain Response 2®1.
What is Land Rover Range Rover Evoque lifespan? The estimated lifespan of a Land Rover Range Rover Evoque is 133,000mi, before reaching the life expectancy upper limit. Fuel type is a major factor when looking into a vehicles lifespan/life expectancy.
Land Rover pride themselves on the superb quality of their replacement parts, and while this high standard of manufacturing often provides excellent value for money, it also makes Range Rover Evoque parts (and therefore also Range Rover parts) one of the more expensive options on the market.
Range Rovers usually cost more for maintenance like many other luxury vehicles. They come in the top 10 for the most expensive cars to maintain . You can expect Range Rover maintenance costs to increase significantly about five to six years after their production year.
It might not be as classy as the Range Rover Sport or as good on the road as the Discovery Sport which we've already seen on this list, but the Land Rover Defender beats its siblings – as well as most other SUVs – when it comes to retaining its value over three years of ownership.
Most complaints that reduce the brand's reliability stem from issues plaguing most luxury brands. However, Range Rovers also suffer from electrical issues, premature failure of advanced suspension components, and a tendency to spend more time in the shop than other indulgent vehicles.
Standard mileage for the Range Rover is around 150,000-200,000 miles. Based on these numbers, we would put high mileage for the Range Rover around the 150,000-mile marker.
Introduction: My name is Trent Wehner, I am a talented, brainy, zealous, light, funny, gleaming, attractive person who loves writing and wants to share my knowledge and understanding with you.
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