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Land Rover

Land Rover - Range Rover (1987)

Explore the classic icon that redefined luxury off‑road adventure: the 1987 Land Rover Range Rover. The excitement surrounding this model stems not only from its rugged heritage but also from its timeless aesthetic, distinctive SUV charm, and the consistent curiosity it sparks among collectors and enthusiasts. Whether you’re searching for a Land Rover Range Rover price or a deeper dive into the Land Rover Range Rover 1987 price, the market is vibrant and diverse—prices fluctuate by year, condition, and mileage. When you look at the used Land Rover Range Rover price range, you’ll find that this vehicle remains highly sought after, appreciated for its durability and bold character while reflecting a proportionate depreciation curve.

  • Engine: 4.8‑liter V8, naturally aspirated.
  • Displacement: 4,783 cc.
  • Power: 180 hp at 3,600 rpm.
  • Torque: 330 lb‑ft at 2,650 rpm.
  • Transmission: 3‑speed automatic (original), upgrades to 4‑ or 5‑speed gearboxes became common.
  • Drive: Permanent all‑wheel drive.
  • Fuel Type: Regular gasoline.
  • Wheelbase: 124.8 in.
  • Dimensions: Length 197.3 in., Width 71.5 in., Height 68.5 in.
  • Curb Weight: Approx. 3,800 lb.

When estimating a vehicle’s value, it’s helpful to examine the unique depreciation pattern of a prestige SUV. Land Rover Range Rover depreciation serves as a classic case study: over its first year, the 1987 model typically experiences a 15–20 % drop in market value due to historical condition and technological advancements. Subsequent years usually see a steady 5–7 % decline annually, reflecting the brand’s shift toward newer technology and standardization in luxury performance metrics. Nonetheless, seasoned enthusiasts often observe that early‑model Land Rovers have a slower depreciation curve in collectible circles thanks to the fact that many models have been preserved or restored, subsequently decreasing the supply and elevating scarcity value.

Below is a condensation of typical depreciation figures over a decade of ownership:

  • Year 1: 15–20 % Land Rover Range Rover depreciation.
  • Year 2–3: 5–7 % yearly drop.
  • Year 4–5: 3–5 % per year (if well‑maintained).
  • Year 6–10: 1–3 % as the model shifts into classic status.

While the first‑year depreciation is steep, this form of value erosion is typical across land vehicles that advanced rapidly in the 1990s. Numbers reflect both market sentiment and reconditioned expectations. For example, a well‑maintained 1987 Land Rover Range Rover that has been suitably restored demonstrates a higher retention of value against a 1978 counterpart that has suffered excessive wear.

Comparison Context

Looking at what is a 1987 Land Rover Range Rover worth, buyers often benchmark against comparable exclusive SUVs from the same era: