What is a 2023 Land Rover Range Rover Velar worth?
Our estimate for a 3-year-old Land Rover Range Rover Velar in average condition with typical mileage, on 2026 market pricing.
The 2023 Range Rover Velar on its value curve
The marker shows where a 2023 model sits today: 3 years in, 41% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 15% a year.
If you buy it now
| Fair buy price (retail) | R 734 667 |
| Worth in 1 year | R 628 129 |
| Worth in 3 years | R 459 162 |
| 3-year cost of ownership (depreciation) | R 275 505 |
| ±Monthly financed | R 12 841/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2024 | R 894 859 | — | See value → |
| 2023 (this page) | R 734 667 | +R 160 192 to newest | |
| 2022 | R 595 383 | +R 299 476 to newest | See value → |
2023 Land Rover Range Rover Velar: common questions
What is a 2023 Land Rover Range Rover Velar worth in South Africa?
Around R 734 667 as a retail asking price, with clean low-mileage examples reaching R 800 787 and higher-mileage cars closer to R 668 547. A dealer trade-in offer would sit near R 646 507.
Is a 2023 Land Rover Range Rover Velar a good buy now?
It has already absorbed 41% of its new-car depreciation. If you buy at R 734 667 and keep it three years, expect it to shed roughly R 275 505 more. As a premium (established) model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.
What did a 2023 Land Rover Range Rover Velar cost new?
About R 1 242 675 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 59% of that.
What would financing a 2023 Land Rover Range Rover Velar cost monthly?
At R 734 667 over 72 months at 11.75% with 10% down, roughly R 12 841 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.