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Land Rover Range Rover Velar vs Volvo XC60 Recharge Plug-In-Hybrid: 5-year value retention (44% vs 44%), resale value, and cost of ownership head-to-head. Land Rover Range Rover Velar holds its value better.
On five-year value retention the Land Rover Range Rover Velar comes out ahead, holding about 44% of its value versus 44% for the Volvo XC60 Recharge Plug-In-Hybrid. Over the first five years the Land Rover Range Rover Velar loses roughly $34,188 while the Volvo XC60 Recharge Plug-In-Hybrid loses about $32,193 — a gap near $-1995.
First-year drop is the biggest factor: the Land Rover Range Rover Velar sheds about 0% in year one versus 16% for the Volvo XC60 Recharge Plug-In-Hybrid. If you buy used, the steeper early drop is what the original owner absorbs.