Depreciation
The depreciation graph and accompanying table on our page detail how the 2004 LAND ROVER DISCOVERY'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) 2004 LAND ROVER DISCOVERY in 2004 was $66,420.
The average price for used 2004 LAND ROVER DISCOVERY nowadays in 2024 is $13,500 which is 20% from the original price.
Estimated mileage driven per year is 9,518 miles.
The graph below is a depreciation curve for 2004 LAND ROVER DISCOVERY. 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 2004 LAND ROVER DISCOVERY 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 | ||
|---|---|---|---|---|---|---|
| 2004 MSRP | 0 mi | $66,420 | — | — | 100% | 0% |
| 2004 | 9,518 mi | $73,299 | −$6,879 | −10.36% | 110.36% | -10.36% |
| 2005 | 19,036 mi | $64,053 | +$9,246 | +12.61% | 96.44% | 3.56% |
| 2006 | 28,554 mi | $48,999 | +$15,054 | +23.5% | 73.77% | 26.23% |
| 2007 | 38,072 mi | $44,577 | +$4,422 | +9.02% | 67.11% | 32.89% |
| 2008 | 47,590 mi | $34,303 | +$10,274 | +23.05% | 51.65% | 48.35% |
| 2009 | 57,108 mi | $28,800 | +$5,503 | +16.04% | 43.36% | 56.64% |
| 2010 | 66,626 mi | $25,996 | +$2,804 | +9.74% | 39.14% | 60.86% |
| 2011 | 76,144 mi | $23,985 | +$2,011 | +7.74% | 36.11% | 63.89% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the LAND ROVER DISCOVERY’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 2004 LAND ROVER DISCOVERY. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2004 LAND ROVER DISCOVERY by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 50,000 mi | $22,425 | 12 sales |
| 55,000 mi | $24,950 | 21 sales |
| 60,000 mi | $20,800 | 11 sales |
| 65,000 mi | $19,694 | 34 sales |
| 70,000 mi | $17,950 | 112 sales |
| 75,000 mi | $16,900 | 79 sales |
| 80,000 mi | $17,950 | 100 sales |
| 85,000 mi | $18,950 | 100 sales |
| 90,000 mi | $17,998 | 93 sales |
| 95,000 mi | $14,950 | 102 sales |
| 100,000 mi | $15,000 | 124 sales |
| 105,000 mi | $12,950 | 106 sales |
| 110,000 mi | $11,999 | 94 sales |
| 115,000 mi | $12,950 | 122 sales |
| 120,000 mi | $15,950 | 105 sales |
| 125,000 mi | $12,975 | 93 sales |
| 130,000 mi | $10,500 | 81 sales |
| 135,000 mi | $13,000 | 60 sales |
| 140,000 mi | $8,225 | 54 sales |
| 145,000 mi | $9,700 | 44 sales |
| 150,000 mi | $7,000 | 27 sales |
| 155,000 mi | $7,991 | 28 sales |
| 160,000 mi | $8,550 | 12 sales |
| 165,000 mi | $11,450 | 18 sales |
| 170,000 mi | $7,980 | 15 sales |
| 180,000 mi | $10,745 | 14 sales |
| 200,000 mi | $5,999 | 13 sales |
Frequently asked questions
Proper maintenance and good condition can slow the depreciation of a 2004 LAND ROVER DISCOVERY by making it more attractive to potential buyers, thereby preserving more of its value.
Depreciation directly affects the resale value of a 2004 LAND ROVER DISCOVERY, with faster depreciating vehicles typically having lower resale values over time.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
Other years of LAND ROVER DISCOVERY
1995 LAND ROVER DISCOVERY
60+ sales records
1999 LAND ROVER DISCOVERY
$9,450 average used price
260+ sales records
2001 LAND ROVER DISCOVERY
$10,000 average used price
420+ sales records
2021 LAND ROVER DISCOVERY
$44,577 average used price
1,800+ sales records
2022 LAND ROVER DISCOVERY
$48,999 average used price
1,400+ sales records
2023 LAND ROVER DISCOVERY
$64,053 average used price
400+ sales records
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2004 LAND ROVER DISCOVERY on BADVIN
