2021 Range Rover loses 74% of its value over five years
Data shows the 2021 Range Rover lost 74% of its value over five years, significantly worse than the Bentley Bentayga. High ownership costs may be a factor.
Data from CarEdge shows that a 2021 Range Rover has lost 74% of its value over five years, assuming the SUV is in good condition and averages 13,500 miles annually.
Kelley Blue Book (KBB) reports a depreciation of 63 to 67 percent over the same period, with the exact figure depending on the trim level and its initial price.
A 74 percent depreciation over five years is significantly worse than the 2021 Bentley Bentayga, which loses just 57 percent. Analysts note that the Range Rover consistently ranks among luxury vehicles with low resale value. CarEdge suggests that high ownership costs may be one reason for the accelerated depreciation.