Depreciation
The depreciation graph and accompanying table on our page detail how the 2022 LAND ROVER DISCOVERY SPORT's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2022 LAND ROVER DISCOVERY SPORT in 2022 was $49,625.
The average price for used 2022 LAND ROVER DISCOVERY SPORT nowadays in 2024 is $34,496 which is 70% from the original price.
Estimated mileage driven per year is 10,129 miles.
The graph below is a depreciation curve for 2022 LAND ROVER DISCOVERY SPORT. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2022 LAND ROVER DISCOVERY SPORT in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2022 MSRP | 0 mi | $49,625 | — | — | 100% | 0% |
| 2022 | 10,129 mi | $53,918 | −$4,293 | −8.65% | 108.65% | -8.65% |
| 2023 | 20,258 mi | $39,998 | +$13,920 | +25.82% | 80.6% | 19.4% |
| 2024 | 30,387 mi | $34,496 | +$5,502 | +13.76% | 69.51% | 30.49% |
| 2025 | 40,516 mi | $29,450 | +$5,046 | +14.63% | 59.35% | 40.65% |
| 2026 | 50,645 mi | $25,998 | +$3,452 | +11.72% | 52.39% | 47.61% |
| 2027 | 60,774 mi | $21,998 | +$4,000 | +15.39% | 44.33% | 55.67% |
| 2028 | 70,903 mi | $19,795 | +$2,203 | +10.01% | 39.89% | 60.11% |
| 2029 | 81,032 mi | $16,802 | +$2,993 | +15.12% | 33.86% | 66.14% |
| 2030 | 91,161 mi | $14,980 | +$1,822 | +10.84% | 30.19% | 69.81% |
| 2031 | 101,290 mi | $14,900 | +$80 | +0.53% | 30.03% | 69.97% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the LAND ROVER DISCOVERY SPORT’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2022 LAND ROVER DISCOVERY SPORT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2022 LAND ROVER DISCOVERY SPORT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $51,935 | 74 sales |
| 5,000 mi | $47,999 | 113 sales |
| 10,000 mi | $43,710 | 228 sales |
| 15,000 mi | $38,998 | 227 sales |
| 20,000 mi | $35,991 | 160 sales |
| 25,000 mi | $35,373 | 94 sales |
| 30,000 mi | $34,249 | 32 sales |
| 35,000 mi | $31,490 | 16 sales |
Frequently asked questions
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
High mileage typically accelerates the depreciation of a vehicle, as it may indicate increased wear and tear and potential future repairs.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Other years of LAND ROVER DISCOVERY SPORT
2016 LAND ROVER DISCOVERY SPORT
$14,980 average used price
29,800+ sales records
2017 LAND ROVER DISCOVERY SPORT
$16,802 average used price
33,700+ sales records
2018 LAND ROVER DISCOVERY SPORT
$19,795 average used price
25,500+ sales records
2020 LAND ROVER DISCOVERY SPORT
$25,998 average used price
25,700+ sales records
2021 LAND ROVER DISCOVERY SPORT
$29,450 average used price
5,900+ sales records
2023 LAND ROVER DISCOVERY SPORT
$39,998 average used price
610+ sales records
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