Depreciation
The depreciation graph and accompanying table on our page detail how the 2008 LAND ROVER RANGE ROVER 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) 2008 LAND ROVER RANGE ROVER SPORT in 2008 was $68,791.
The average price for used 2008 LAND ROVER RANGE ROVER SPORT nowadays in 2024 is $8,894 which is 13% from the original price.
Estimated mileage driven per year is 10,104 miles.
The graph below is a depreciation curve for 2008 LAND ROVER RANGE ROVER 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 2008 LAND ROVER RANGE ROVER 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 | ||
|---|---|---|---|---|---|---|
| 2008 MSRP | 0 mi | $68,791 | — | — | 100% | 0% |
| 2008 | 10,104 mi | $99,040 | −$30,249 | −43.97% | 143.97% | -43.97% |
| 2009 | 20,208 mi | $92,990 | +$6,050 | +6.11% | 135.18% | -35.18% |
| 2010 | 30,312 mi | $67,249 | +$25,741 | +27.68% | 97.76% | 2.24% |
| 2011 | 40,416 mi | $56,348 | +$10,901 | +16.21% | 81.91% | 18.09% |
| 2012 | 50,520 mi | $49,900 | +$6,448 | +11.44% | 72.54% | 27.46% |
| 2013 | 60,624 mi | $43,342 | +$6,558 | +13.14% | 63.01% | 36.99% |
| 2014 | 70,728 mi | $38,995 | +$4,347 | +10.03% | 56.69% | 43.31% |
| 2015 | 80,832 mi | $29,007 | +$9,988 | +25.61% | 42.17% | 57.83% |
| 2016 | 90,936 mi | $24,724 | +$4,283 | +14.77% | 35.94% | 64.06% |
| 2017 | 101,040 mi | $22,495 | +$2,229 | +9.02% | 32.7% | 67.3% |
| 2018 | 111,144 mi | $20,700 | +$1,795 | +7.98% | 30.09% | 69.91% |
| 2019 | 121,248 mi | $13,999 | +$6,701 | +32.37% | 20.35% | 79.65% |
| 2020 | 131,352 mi | $12,990 | +$1,009 | +7.21% | 18.88% | 81.12% |
| 2021 | 141,456 mi | $11,995 | +$995 | +7.66% | 17.44% | 82.56% |
| 2022 | 151,560 mi | $10,971 | +$1,024 | +8.54% | 15.95% | 84.05% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the LAND ROVER RANGE ROVER 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 2008 LAND ROVER RANGE ROVER SPORT. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2008 LAND ROVER RANGE ROVER SPORT by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 50,000 mi | $16,999 | 18 sales |
| 55,000 mi | $14,998 | 21 sales |
| 60,000 mi | $17,491 | 23 sales |
| 65,000 mi | $14,225 | 56 sales |
| 70,000 mi | $14,851 | 73 sales |
| 75,000 mi | $12,997 | 50 sales |
| 80,000 mi | $12,995 | 75 sales |
| 85,000 mi | $12,990 | 105 sales |
| 90,000 mi | $12,885 | 103 sales |
| 95,000 mi | $11,995 | 159 sales |
| 100,000 mi | $11,995 | 121 sales |
| 105,000 mi | $11,638 | 126 sales |
| 110,000 mi | $11,250 | 159 sales |
| 115,000 mi | $10,992 | 142 sales |
| 120,000 mi | $10,491 | 148 sales |
| 125,000 mi | $10,865 | 115 sales |
| 130,000 mi | $10,000 | 124 sales |
| 135,000 mi | $9,907 | 110 sales |
| 140,000 mi | $10,487 | 88 sales |
| 145,000 mi | $9,452 | 74 sales |
| 150,000 mi | $8,948 | 60 sales |
| 155,000 mi | $8,999 | 96 sales |
| 160,000 mi | $9,499 | 57 sales |
| 165,000 mi | $8,995 | 45 sales |
| 170,000 mi | $7,999 | 55 sales |
| 175,000 mi | $8,401 | 33 sales |
| 180,000 mi | $8,500 | 19 sales |
| 185,000 mi | $8,999 | 27 sales |
| 190,000 mi | $7,990 | 25 sales |
| 195,000 mi | $8,244 | 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.
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.
New vehicles often depreciate quickly due to rapid advancements in technology and consumer preference for the latest features, which make older models less desirable.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
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.
Strategies to reduce the rate of depreciation include regular maintenance, keeping mileage low, avoiding significant modifications, and keeping up with all necessary repairs.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
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.
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.
Other years of LAND ROVER RANGE ROVER SPORT
2006 LAND ROVER RANGE ROVER SPORT
$7,999 average used price
2,600+ sales records
2012 LAND ROVER RANGE ROVER SPORT
$12,990 average used price
9,100+ sales records
2013 LAND ROVER RANGE ROVER SPORT
$13,999 average used price
15,700+ sales records
2015 LAND ROVER RANGE ROVER SPORT
$22,495 average used price
21,500+ sales records
2016 LAND ROVER RANGE ROVER SPORT
$24,724 average used price
63,100+ sales records
2019 LAND ROVER RANGE ROVER SPORT
$43,342 average used price
44,300+ sales records
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2005 LAND ROVER RANGE ROVER
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2006 LAND ROVER RANGE ROVER
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2007 LAND ROVER RANGE ROVER
$112,320 MSRP
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2008 LAND ROVER RANGE ROVER
$112,320 MSRP
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2009 LAND ROVER RANGE ROVER
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2011 LAND ROVER RANGE ROVER
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2008 LAND ROVER RANGE ROVER SPORT on BADVIN
