Will my Range Rover Evoque hold its value?
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.
Related: Get a value on your car here
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%.
Read more: Which cars in South Africa depreciate the fastest?
Earlier models do well too
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.
Click to read: Bought to be Sold: The Range Rover Evoque
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.
In the market for a used Range Rover Evoque? Click here to choose from almost 300 used models.
| Make and model | Value Retention (%) |
|---|---|
| 1. Land Rover Range Rover Evoque 2.0 TD4 SE | 90 |
| 2. Toyota Fortuner 2.8GD-6 R/B (A) | 89 |
| 3. Toyota RAV4 2.0GX | 88 |
| 4. Jaguar F-Pace 2.0Di4 AWD Pure | 87 |
| 5. Land Rover Discovery Sport 2.2 SD4 SE | 87 |
| 6. Jeep Wrangler Unlimited Rubicon 3.6 V6 (A) | 87 |
| 7. Hyundai Tucson 1.6TGDi Elite DCT | 87 |
| 8. Mercedes-Benz ML250 Bluetec | 86 |
| 9. Land Rover Discovery Sport 2.2 TD4 S | 86 |
| 10. Toyota RAV4 2.2D VX (A) | 86 |
| 11. BMW X1 sDrive 2.0i (A) (F48) | 86 |
| 12. Nissan X-Trail 1.6 dCi XE (T32) | 86 |
| 13. Hyundai Tucson 2.0 Premium | 86 |
| 14. Kia Sportage 2.0 Ignite | 86 |
| 15. Mazda CX-5 2.0 Active (A) | 85 |
*please note that percentages (and thus the order of the list) may have changed slightly since 2018.
