What is a 2024 Land Rover Range Rover Velar worth?
Our estimate for a 2-year-old Land Rover Range Rover Velar in average condition with typical mileage, on 2026 market pricing.
The 2024 Range Rover Velar on its value curve
The marker shows where a 2024 model sits today: 2 years in, 32% 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 894 859 |
| Worth in 1 year | R 775 073 |
| Worth in 3 years | R 566 578 |
| 3-year cost of ownership (depreciation) | R 328 281 |
| ±Monthly financed | R 15 641/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2025 | R 1 089 981 | — | See value → |
| 2024 (this page) | R 894 859 | +R 195 122 to newest | |
| 2023 | R 734 667 | +R 355 314 to newest | See value → |
2024 Land Rover Range Rover Velar: common questions
What is a 2024 Land Rover Range Rover Velar worth in South Africa?
Around R 894 859 as a retail asking price, with clean low-mileage examples reaching R 975 396 and higher-mileage cars closer to R 814 322. A dealer trade-in offer would sit near R 787 476.
Is a 2024 Land Rover Range Rover Velar a good buy now?
It has already absorbed 32% of its new-car depreciation. If you buy at R 894 859 and keep it three years, expect it to shed roughly R 328 281 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 Range Rover Velar cost new?
About R 1 311 022 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 68% of that.
What would financing a 2024 Land Rover Range Rover Velar cost monthly?
At R 894 859 over 72 months at 11.75% with 10% down, roughly R 15 641 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.