Land Rover LR3 | Depreciation Rate & Curve

Land Rover LR3 5 Year Depreciation Rate

A 2009 Land Rover LR3 has a forecasted 5 year depreciation rate of 17%.

In 5 years its value is expected to decrease approximately $1,878 from its current price of around $11,050 down to $9,172.

Land Rover LR3 Depreciation
Make & Model	Land Rover LR3
Current Value	$11,050
Forecasted 5 Year Depreciation Rate	17%
Forecasted Value Lost In 5 Years	$1,878
Residual Value In 5 Years	$9,172

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Expected Mileage Driven Per Year⁽²⁾

The American average is 12,000 miles driven per year.

Below is a historical table for the Land Rover LR3 that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2009	$45,975	76%	$34,925	$11,050
2008	$51,275	83%	$42,813	$8,462
2007	$48,235	86%	$41,510	$6,725
2006	$44,985	87%	$39,210	$5,775
2005	$44,330	88%	$38,880	$5,450

Make / Models	Forecasted Depreciation	-
(Selected) 2009 Land Rover LR3	17%	Image Source Minimize Source By BrokenSphere - Own work, CC BY-SA 3.0
2009 Land Rover Range Rover	9% View Depreciation Graph	Image Source Minimize Source By EurovisionNim - Own work, CC BY-SA 4.0