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What is a 2024 Land Rover Defender worth?

Our estimate for a 2-year-old Land Rover Defender in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 1 142 391
R 1 039 576 to R 1 245 206
Trade-in offer
R 1 005 304
what a dealer would pay
Cost new (est.)
R 1 652 613
2024 launch pricing
Value kept
69%
R 510 222 depreciated

The 2024 Defender on its value curve

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 31% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 13% a year.

If you buy it now

Fair buy price (retail)R 1 142 391
Worth in 1 yearR 994 058
Worth in 3 yearsR 734 070
3-year cost of ownership (depreciation)R 408 321
±Monthly financedR 19 967/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 1 385 065See value →
2024 (this page)R 1 142 391+R 242 674 to newest
2023R 942 235+R 442 830 to newestSee value →

2024 Land Rover Defender: common questions

What is a 2024 Land Rover Defender worth in South Africa?

Around R 1 142 391 as a retail asking price, with clean low-mileage examples reaching R 1 245 206 and higher-mileage cars closer to R 1 039 576. A dealer trade-in offer would sit near R 1 005 304.

Is a 2024 Land Rover Defender a good buy now?

It has already absorbed 31% of its new-car depreciation. If you buy at R 1 142 391 and keep it three years, expect it to shed roughly R 408 321 more. As a premium (established) model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Land Rover Defender cost new?

About R 1 652 613 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 69% of that.

What would financing a 2024 Land Rover Defender cost monthly?

At R 1 142 391 over 72 months at 11.75% with 10% down, roughly R 19 967 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

Keep going

Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.