Depreciation
The depreciation graph and accompanying table on our page detail how the 2022 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) 2022 LAND ROVER DISCOVERY in 2022 was $66,420.
The average price for used 2022 LAND ROVER DISCOVERY nowadays in 2024 is $48,999 which is 74% from the original price.
Estimated mileage driven per year is 9,518 miles.
The graph below is a depreciation curve for 2022 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 2022 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 | ||
|---|---|---|---|---|---|---|
| 2022 MSRP | 0 mi | $66,420 | — | — | 100% | 0% |
| 2022 | 9,518 mi | $73,299 | −$6,879 | −10.36% | 110.36% | -10.36% |
| 2023 | 19,036 mi | $64,053 | +$9,246 | +12.61% | 96.44% | 3.56% |
| 2024 | 28,554 mi | $48,999 | +$15,054 | +23.5% | 73.77% | 26.23% |
| 2025 | 38,072 mi | $44,577 | +$4,422 | +9.02% | 67.11% | 32.89% |
| 2026 | 47,590 mi | $34,303 | +$10,274 | +23.05% | 51.65% | 48.35% |
| 2027 | 57,108 mi | $28,800 | +$5,503 | +16.04% | 43.36% | 56.64% |
| 2028 | 66,626 mi | $25,996 | +$2,804 | +9.74% | 39.14% | 60.86% |
| 2029 | 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 2022 LAND ROVER DISCOVERY. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2022 LAND ROVER DISCOVERY by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $76,890 | 15 sales |
| 5,000 mi | $71,995 | 44 sales |
| 10,000 mi | $68,959 | 70 sales |
| 15,000 mi | $63,149 | 80 sales |
| 20,000 mi | $59,595 | 66 sales |
| 25,000 mi | $53,764 | 55 sales |
| 30,000 mi | $49,996 | 28 sales |
| 35,000 mi | $49,000 | 28 sales |
| 40,000 mi | $46,699 | 20 sales |
| 45,000 mi | $48,484 | 10 sales |
Frequently asked questions
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Buying a used car can be a great value, especially if the vehicle is part of a Certified Pre-Owned program and has been well-maintained and lightly used.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Aftermarket modifications can affect the depreciation of 2022 LAND ROVER DISCOVERY either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
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.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Other years of LAND ROVER DISCOVERY
1965 LAND ROVER DISCOVERY
10+ sales records
1990 LAND ROVER DISCOVERY
10+ sales records
1994 LAND ROVER DISCOVERY
60+ sales records
2001 LAND ROVER DISCOVERY
$10,000 average used price
420+ sales records
2015 LAND ROVER DISCOVERY
20+ sales records
2024 LAND ROVER DISCOVERY
$73,299 average used price
420+ sales records
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