Land Rover Discovery for sale in Buenos Aires (Argentina)

Are you currently looking to buy (or sell) a Land Rover Discovery in Buenos Aires? Vehiclus studied the local used auto market of all cities in Argentina to establish a pricing profile of various Land Rover models depending on their age, technical condition, optical condition, and mileage. To maximize your earnings when selling your Discovery (or to be sure to not overpay when purchasing a Land Rover Discovery) it is of value to understand most value-determining variables.

Supply and Demand of Land Rover Discovery on the local auto market

Buenos Aires is a town with currently 13076300 inhabitants. Nevertheless, there are usually not many Land Rover Discovery for purchase on the market. That's why the supply is low and the demand depends on various of parameters such as season, fuel mileage, and brand competetivness.

Price Devaluation Curve of the Discovery in Buenos Aires

As illustrated in the figure below, cars of the car manufacturer Land Rover and specially of their model Discovery loose their value in a very average process. The mean price of the Discovery will be lowered by up to 13% ($33,682) after just one year. After three years, the car usually is sold for about 60% of its original asking price ($24,524) while it will only be valued at 31% of the MSRP after 7 years ($10,613). The Discovery's value after 12 years is only 12% of its initial price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to describe car depreciation is to study the loss of value over kilometers driven. The Land Rover Discovery depreciation curve below describes this phenomenon for Buenos Aires. The Discovery looses most of its value (ca 50%) within the first 30k kilometers of its mileage. The average price for a Discovery at that usage level is $21,702. After that the depreciation plateaus: at 90,000km the Land Rover Discovery is sold for $12,931 in Buenos Aires and for $5,975 at 180,000km of mileage.

Land Rover Discovery price depending on condition (fair, good, excellent)

The last parameter that significantly effects the price of a second-hand car is the technical and optical condition of the vehicle. The table below illustrates the devaluation of a Land Rover Discovery according to its year and its condition.

Vehicle Year	Land Rover Discovery Condition
	fair	good	excellent
2017	$36,523	$37,431	$38,339
2016	$32,118	$32,917	$33,716
2015	$28,026	$28,723	$29,420
2014	$24,246	$24,849	$25,452
2013	$20,778	$21,295	$21,812
2012	$17,623	$18,062	$18,500
2011	$14,781	$15,148	$15,516
2010	$12,250	$12,555	$12,860
2009	$10,032	$10,282	$10,531
2008	$8,127	$8,329	$8,531
2007	$6,534	$6,696	$6,859
2006	$5,253	$5,384	$5,514
2005	$4,285	$4,391	$4,498
2004	$3,629	$3,719	$3,809
2003	$3,285	$3,367	$3,448
2002	$3,254	$3,335	$3,416