Depreciation Calculation on 2018 Land Rover Discovery models
As per prices listed in TransUnion Auto Dealers’ Guide (Sep 2019) for the Land Rover Discovery:
Discovery Sport 2.0 Si4 S Pure
2018 New Price: R680 443
2018 Trade Price: R462 500
Depreciation: R217 943 (32%)
Discovery Sport 2.0 Si4 SE
2018 New Price: R735 343
2018 Trade Price: R514 600
Depreciation: R220 743 (30%)
Discovery Sport 2.0 Si4 HSE
2018 New Price: R801 743
2018 Trade Price: R557 400
Depreciation: R244 343 (30%)
Discovery Sport 2.0 Si4 HSE LUX
2018 New Price: R852 643
2018 Trade Price: R599 200
Depreciation: R253 443 (29.7%)
Discovery 3.0 TD6 S
2018 New Price: R1 034 406
2018 Trade Price: R760 200
Depreciation: R274 206 (26.5%)
Discovery 3.0 TD6 SE
2018 New Price: R1 179 306
2018 Trade Price: R889 600
Depreciation: R289 706 (24.5%)
Discovery 3.0 TD6 HSE
2018 New Price: R1 314 406
2018 Trade Price: R986 200
Depreciation: R382 206 (25%)
Discovery 3.0 Si6 S
2018 New Price: R1 081 090
2018 Trade Price: R799 900
Depreciation: R281 190 (26%)
Discovery 3.0 Si6 SE
2018 New Price: R1 204 390
2018 Trade Price: R886 800
Depreciation: R317 590 (26%)
Discovery 3.0 Si6 HSE
2018 New Price: R1 339 490
2018 Trade Price: R987 200
Depreciation: R352 290 (26%)
Which models hold their value best?
A good guide to value depreciation is to bear in mind that second-hand prices generally reflect popularity in the new-car market. So the most popular models hold their value better in the used-car arena, as the same laws of supply and demand follow.
There are exceptions to this, and often the differences in value retention are clouded by factors such as the condition of the car and how it has been maintained over the years, as well as its mileage, but given equal condition and mileage, the percentage drop-off on the more popular models in a range will be less.
Recommended: Land Rover Discovery Sport trims head to head: here’s our winner.