Land Rover Defender 2023 value
Model year 2023 · 45,000kmBased on South Korea regulations
Estimated residual value
₩50,315,200
₩46,793,136 ~ ₩53,837,264Range shows ±7% around the median estimate · New price ₩94,400,000
Depreciation curve
View data table
| Age | Estimated value |
|---|---|
| 0yr | ₩91,001,600 |
| 1yr | ₩68,455,859 |
| 2yr | ₩59,038,138 |
| 3yr | ₩50,315,200 |
| 4yr | ₩43,276,358 |
| 5yr | ₩37,989,581 |
| 6yr | ₩33,544,851 |
| 7yr | ₩28,986,842 |
| 8yr | ₩25,316,192 |
Sell now vs drive one more year?
Driving one more year is estimated to cost ₩7,552,000 in depreciation ≈ ₩629,333/month
The results are estimates based on public statistics and may differ from actual transaction prices and real costs. See how we calculate
Frequently asked questions
Q.How is the residual value calculated?
New price × age-based residual rate × mileage adjustment, using model-specific or segment-average curves built from public statistics.
Q.Which cars depreciate the least?
Hybrids and popular SUVs tend to hold value best. See the depreciation ranking page for segment-by-segment lists.
Q.Does mileage matter more than age?
Age drives most of the loss; mileage adjusts the estimate up to about ±15% around the standard 15,000 km per year.