- Original owner lost over $101,000 on a one-year-old Range Rover SV Signature Suite.
- Depreciation rivals exotic cars, making this SUV a surprising used luxury market value.
- This flagship model features massage chairs, rear screens, and champagne flute storage inside.
Imagine losing over $17 every time you drive a single mile in your car. That’s roughly what happened to the driver and now former owner of this 2024 Land Rover Range Rover SV. When they bought it new, it had an MSRP of $281,410. They just let it go for $180,000 after about a year and just 7,000 miles. It’ll sound crazy, but this might be a great deal when considering other rivals in this segment.
This isn’t just any other Land Rover Range Rover. It’s the flagship SV LWB P615 Signature Suite trim. Keep in mind that the base Range Rover starts at over $100,000. The SV starts at more than double that price.
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SV was a new trim for 2024, and it sits atop the Range Rover lineup. The LWB means that this is the long-wheelbase version. That’s key because we just finished testing the short wheelbase version, and extra second-row space is something we’d have loved. That said, the good news just keeps coming about this particular example.
The P615 means that this Range Rover has a 606-hp twin-turbocharged V8 under the hood. Signature Suite means that the owner had the chance to completely customize this cabin and decided to remove the third row in favor of a luxurious second-row captain chair setup with heating, ventilation, massage, and power adjustability.
The center console in the rear has its own champagne flute storage facility. A pair of 13.1-inch entertainment screens rests ahead of each rear-seat occupant. They also get their own wireless headphones so each can hear whatever they’re watching, even if it’s different from other media being played in the car. There is even a deployable table for the rear seats so executives can work or kids can do homework, perhaps.
In any case, this seems like a bit of a steal despite its astronomical price. Other vehicles with this type of luxury have Rolls-Royce and Bentley badging. Sure, some of those are available at this type of price on the second-hand market, but most of them are considerably older and not as up-to-date. That having been said, this is still a wild amount of money to pay (and for the seller to lose due to depreciation), no matter how you shake it.
