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Premium (established)midsize luxury SUV

Land Rover Range Rover Velar value and depreciation

Known for style-focused middle child.

New from
R 1 459 200
Worth after 3 years
R 862 676
59% retained
Worth after 5 years
R 630 615
43% retained
±Monthly (new)
R 25 504/m
10% deposit, 72m, 11.75%

Projected value of a new Land Rover Range Rover Velar

R0R500kR1mR1,5mR2mNow1y2y3y4y5y6y7y8y9y10yYears from now

We class the Land Rover Range Rover Velar as a premium (established) in our 12-tier model, which puts its retention at roughly 59% after three years and 43% after five. German and established luxury compacts and mid-sizers. A hard first-year knock, then steady losses that accelerate once the motorplan expires.

Retention table

AfterRetainedRetail valueTrade-in
1 year79%R 1 149 930R 1 011 938
3 years59%R 862 676R 759 155
5 years43%R 630 615R 554 941
7 years31%R 454 965R 400 369
10 years19%R 273 365R 240 561

Estimates for a new purchase at R 1 459 200; retail basis, trade-in ≈ 12% under retail.

Slotting between the Evoque and Range Rover Sport, the Velar arrived in 2017 as the design-led option in the range. It sells on looks and cabin minimalism rather than off-road use. Residuals track the weaker end of the premium SUV class, which makes three-year-old examples notably cheap against their original list price.

What used Range Rover Velar years are worth today

Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.

YearEst. retail todayTrade-in
2026 Range Rover VelarR 1 459 200R 1 284 096Details →
2025 Range Rover VelarR 1 089 981R 959 183Details →
2024 Range Rover VelarR 894 859R 787 476Details →
2023 Range Rover VelarR 734 667R 646 507Details →
2022 Range Rover VelarR 595 383R 523 937Details →
2021 Range Rover VelarR 482 505R 424 604Details →
2020 Range Rover VelarR 391 028R 344 105Details →
2019 Range Rover VelarR 312 760R 275 229Details →
2018 Range Rover VelarR 250 157R 220 138Details →
2017 Range Rover VelarR 200 086R 176 076Details →

Range Rover Velar against its rivals

Land Rover Range Rover Velar: common questions

What is a Land Rover Range Rover Velar worth after 3 years?

A Land Rover Range Rover Velar bought new today for R 1 459 200 is projected to be worth about R 862 676 after three years, which is 59% of its price. A dealer trade-in offer would sit closer to R 759 155.

Does the Land Rover Range Rover Velar hold its value?

We class the Land Rover Range Rover Velar as a premium (established) in our 12-tier model, which puts its retention at roughly 59% after three years and 43% after five. German and established luxury compacts and mid-sizers. A hard first-year knock, then steady losses that accelerate once the motorplan expires.

What does a used Land Rover Range Rover Velar cost?

As a guide: a 2024 model is worth about R 894 859 retail today, while a 2017 model sits around R 200 086. Condition, mileage and spec move real prices by 10% or more either way.

What would a Land Rover Range Rover Velar cost per month?

Financing a new Land Rover Range Rover Velar at R 1 459 200 over 72 months at 11.75% with a 10% deposit comes to roughly R 25 504 per month before bank fees and insurance.

Keep going

All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.