Depreciation
The depreciation graph and accompanying table on our page detail how the 2020 LAND ROVER RANGE ROVER EVOQUE'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) 2020 LAND ROVER RANGE ROVER EVOQUE in 2020 was $51,560.
The average price for used 2020 LAND ROVER RANGE ROVER EVOQUE nowadays in 2024 is $30,600 which is 59% from the original price.
Estimated mileage driven per year is 9,610 miles.
The graph below is a depreciation curve for 2020 LAND ROVER RANGE ROVER EVOQUE. 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 2020 LAND ROVER RANGE ROVER EVOQUE 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 | ||
|---|---|---|---|---|---|---|
| 2020 MSRP | 0 mi | $51,560 | — | — | 100% | 0% |
| 2020 | 9,610 mi | $56,813 | −$5,253 | −10.19% | 110.19% | -10.19% |
| 2021 | 19,220 mi | $44,634 | +$12,179 | +21.44% | 86.57% | 13.43% |
| 2022 | 28,830 mi | $39,490 | +$5,144 | +11.52% | 76.59% | 23.41% |
| 2023 | 38,440 mi | $34,997 | +$4,493 | +11.38% | 67.88% | 32.12% |
| 2024 | 48,050 mi | $30,600 | +$4,397 | +12.56% | 59.35% | 40.65% |
| 2025 | 57,660 mi | $25,998 | +$4,602 | +15.04% | 50.42% | 49.58% |
| 2026 | 67,270 mi | $24,500 | +$1,498 | +5.76% | 47.52% | 52.48% |
| 2027 | 76,880 mi | $20,998 | +$3,502 | +14.29% | 40.73% | 59.27% |
| 2028 | 86,490 mi | $17,949 | +$3,049 | +14.52% | 34.81% | 65.19% |
| 2029 | 96,100 mi | $15,469 | +$2,480 | +13.82% | 30% | 70% |
| 2030 | 105,710 mi | $14,800 | +$669 | +4.32% | 28.7% | 71.3% |
| 2031 | 115,320 mi | $13,999 | +$801 | +5.41% | 27.15% | 72.85% |
| 2032 | 124,930 mi | $13,674 | +$325 | +2.32% | 26.52% | 73.48% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the LAND ROVER RANGE ROVER EVOQUE’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 2020 LAND ROVER RANGE ROVER EVOQUE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2020 LAND ROVER RANGE ROVER EVOQUE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 5,000 mi | $37,273 | 34 sales |
| 10,000 mi | $35,188 | 133 sales |
| 15,000 mi | $34,996 | 371 sales |
| 20,000 mi | $33,995 | 623 sales |
| 25,000 mi | $32,998 | 896 sales |
| 30,000 mi | $31,995 | 953 sales |
| 35,000 mi | $31,189 | 791 sales |
| 40,000 mi | $30,998 | 631 sales |
| 45,000 mi | $29,995 | 414 sales |
| 50,000 mi | $29,930 | 280 sales |
| 55,000 mi | $27,983 | 156 sales |
| 60,000 mi | $27,987 | 80 sales |
| 65,000 mi | $25,939 | 61 sales |
| 70,000 mi | $24,977 | 35 sales |
| 75,000 mi | $24,988 | 23 sales |
Frequently asked questions
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
To maximize value, consider buying a vehicle that is a few years old, as it has already undergone significant depreciation but likely remains reliable.
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.
Aftermarket modifications can affect the depreciation of 2020 LAND ROVER RANGE ROVER EVOQUE either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
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.
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.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
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.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
Other years of LAND ROVER RANGE ROVER EVOQUE
2013 LAND ROVER RANGE ROVER EVOQUE
$13,999 average used price
16,100+ sales records
2015 LAND ROVER RANGE ROVER EVOQUE
$15,469 average used price
19,900+ sales records
2016 LAND ROVER RANGE ROVER EVOQUE
$17,949 average used price
22,600+ sales records
2017 LAND ROVER RANGE ROVER EVOQUE
$20,998 average used price
28,900+ sales records
2021 LAND ROVER RANGE ROVER EVOQUE
$34,997 average used price
4,900+ sales records
2022 LAND ROVER RANGE ROVER EVOQUE
$39,490 average used price
2,400+ sales records
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