WORLD BEST

Car price tracker

Track car prices and stay informed on market trends with our comprehensive car pricing tool. See historical prices and compare models to make an informed decision on your next vehicle purchase. Find the best deal on your dream car today!
< Go back
Land Rover

Land Rover - Range Rover Velar (2023)

Discover the Land Rover Range Rover Velar – a 2023 executive SUV that blends rugged heritage with contemporary luxury. Whether you’re curious about its Land Rover Range Rover Velar price or wondering what is a 2023 Land Rover Range Rover Velar worth, this guide offers the insights you need. From eye‑catching styling to cutting‑edge technology, the Velar stands out in the premium compact SUV segment.

Below you’ll find a detailed specification list, real‑world depreciation figures, a side‑by‑side comparison with comparable models, and a quick snapshot of its position in the market. All information aims to help you evaluate the cost‑value ratio for both pristine and used Land Rover Range Rover Velar price discussions.

  • Model Year: 2023
  • Engine: 2.0‑liter turbocharged inline‑4 (up to 260 hp, 260 lb‑ft torque) or optional 3.0‑liter turbocharged V6 (up to 395 hp, 395 lb‑ft torque)
  • Transmission: 8‑speed automatic with paddle shifters; optional 10‑speed manual on base trims
  • Drive Configuration: All‑wheel drive (AWD) as standard, with the 4WD system available on selected packages
  • Fuel Type: Gasoline (conventional or flex‑fuel) with optional mild‑hybrid power‑train
  • Horsepower: 260 hp (4‑engine) – 395 hp (6‑engine)
  • Torque: 260 lb‑ft (4‑engine) – 395 lb‑ft (6‑engine)
  • Curb Weight: 4,345–4,845 lbs (varies by trim)
  • Wheelbase: 115.5 inches
  • Overall Length: 186.8 inches
  • Overall Height: 66.3 inches
  • Overall Width: 75.9 inches (includes side mirrors)
  • Passenger Capacity: 5 seats (standard) – optional 7‑seat layout in rear
  • Towing Capacity: up to 7,700 lbs (6‑engine variety)
  • Infotainment: 12.3‑inch touchscreen, Apple CarPlay, Android Auto, advanced voice command
  • Safety Suite: Adaptive cruise control, lane‑keep assist, automated emergency braking, blind‑spot monitoring, 360° camera, and Land Rover’s Haptic Terrain Management
  • Interior Features: Premium leather upholstery, configurable ambient lighting, power lift‑gate, ventilated seats, adaptive air suspension on premium trims
  • Warranty: 4 years/50,000 miles basic, 4 years/70,000 miles powertrain; 12 years/1,200 miles corrosion

### Depreciation Insight The Land Rover Range Rover Velar depreciation curve follows typical early‑model luxury SUV trends. On average, a new 2023 Velar tends to lose a 15–20% value in its first year under normal market conditions. By the end of Year 3, the loss can reach roughly 35–40% from MSRP, although specific mileage, condition, and regional demand can shift these numbers up or down. Used Velar models that have maintained low mileage and excellent service histories often fetch between 60–70% of their original list price, making them attractive entry points for buyers eyeing the Land Rover nameplate without the brand‑new price tag.

Because the Velar is positioned as a mid‑size luxury SUV, its resale rates tend to be slightly higher than more mainstream competitors, especially when buyers seek premium interior touches such as the dual‑route leather and adaptive suspension. Nonetheless, buyers should be prepared for a swift dip in value during the first few years due to the well‑documented depreciation of flagship models in the luxury segment.

### Comparative Context Compared to similar models in the luxury compact SUV space, the Velar holds its own in several areas: