A 2021 Land Rover Discovery still asks 37% of what a 2026 one does — that's how much value it holds after 5 years. Among 87 suvs we price, that ranks #73, below the 47% class median. The steepest single-year drop comes at year 2 (−45.9%), after which losses ease to about 19.6% a year. Mileage costs it 64%: the same car reads 100k–150k instead of Under 40k miles. Calculated from 122 listings.
Land Rover Discovery value by year
The newest Discovery at under half the 2020 price is the 2016, with a median asking price of $8,500 (48% of it).
| Year | Trade-in | Median | Dealer | Listings |
|---|---|---|---|---|
| 2026 | $65,786 | $79,826 | 5 | |
| 2024 | $31,569 | $44,579 | 6 | |
| 2023 | $24,798 | $33,900 | 3 | |
| 2022 | $24,988 | $29,863 | 4 | |
| 2021 | $24,999 | $29,898 | 4 | |
| 2020 | $14,542 | $23,990 | 11 | |
| 2019 | $13,995 | $24,875 | 5 | |
| 2018 | $10,999 | $19,995 | 12 | |
| 2017 | $4,999 | $19,995 | 7 | |
| 2016 | $7,400 | $9,700 | 22 | |
| 2004 | $2,500 | $19,800 | 7 | |
| 2003 | $1,600 | $15,900 | 7 | |
| 2002 | $1,750 | $3,900 | 3 | |
| 2001 | $3,495 | $5,495 | 3 | |
| 2000 | $2,450 | $4,995 | 11 | |
| 1999 | $1,500 | $10,123 | 5 | |
| 1998 | $1,800 | $19,000 | 3 | |
| 1997 | $2,000 | $6,200 | 4 |
How the Land Rover Discovery depreciates
The newest Land Rover Discovery has a median asking price of $69,466; a 29-year-older one runs about $4,200 — roughly 94% lost over 29 years (compare the typical depreciation curve by age).
Does the Land Rover Discovery hold value better than its rivals?
Over the same 5 years the Toyota Highlander keeps 55%, the Jeep Grand Cherokee 43% and the Ford Explorer 43%, against 37% for the Discovery. The Toyota Highlander, Jeep Grand Cherokee and Ford Explorer hold value better than the Discovery.
The Land Rover Discovery market right now
Adjust your Land Rover Discovery value for mileage
Crossing 100k miles costs a Land Rover Discovery about 64% of its under-40k asking price:
Trade-in, private-party & dealer price
For a 2020 Land Rover Discovery: a dealer trade-in offer is around $14,542, selling private-party nets about $17,542, and a lot asks near $23,990 — a $9,448 spread on the same car.
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Land Rover Discovery value FAQ
How much is a Land Rover Discovery worth?
It depends mostly on the model year: in our listings the median asking price runs from $2,450 to $69,466 across 18 model years. A 2020 is worth about $17,542, the median of 11 listings.
How much does mileage cut a Land Rover Discovery's value?
Among Discoverys from the last eight model years, those with under 40,000 miles ask a median $38,750, and those with 100,000 to 150,000 miles ask $13,992; crossing 100,000 miles alone costs about 64%.
Which Land Rover Discovery year is the best value?
The newest Discovery at under half the 2020 price is the 2016, with a median asking price of $8,500 (48% of it).
Does the Discovery hold value better than the Toyota Highlander?
No: over 5 years the Discovery keeps 37% of its value and the Toyota Highlander 55%, by the median asking prices of the 2026 and 2021 model years.
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