Price for Used 2014 BMW X5 vs. Price for Used 2014 Land Rover Evoque

Attribute	Price for Used 2014 BMW X5	Price for Used 2014 Land Rover Evoque
Manufacturer	BMW	Land Rover
Model	X5	Evoque
Year	2014	2014
Condition	Used	Used
Price	Varies	Varies

Overview

When it comes to purchasing a used luxury SUV, two popular options that often come to mind are the 2014 BMW X5 and the 2014 Land Rover Evoque. Both vehicles offer a combination of style, performance, and luxury features that appeal to many buyers. However, one of the key factors that can influence a buyer's decision is the price of the vehicle. In this article, we will compare the attributes of price for a used 2014 BMW X5 and a used 2014 Land Rover Evoque to help potential buyers make an informed decision.

Price Range

One of the first things that buyers consider when looking at used vehicles is the price range. The 2014 BMW X5 and the 2014 Land Rover Evoque are both luxury SUVs, so it's no surprise that they come with a higher price tag compared to non-luxury vehicles. However, when comparing the two models, the BMW X5 tends to have a higher starting price for a used model. On average, a used 2014 BMW X5 can range from $25,000 to $40,000, depending on factors such as mileage, condition, and location. On the other hand, a used 2014 Land Rover Evoque typically falls within a slightly lower price range, ranging from $20,000 to $35,000.

Depreciation

Another important factor to consider when looking at the price of a used vehicle is depreciation. Luxury vehicles like the BMW X5 and Land Rover Evoque tend to depreciate at a faster rate compared to non-luxury vehicles. This means that buyers can often find a better deal on a used luxury SUV compared to a new model. In the case of the 2014 BMW X5, the vehicle has experienced a significant amount of depreciation since its initial release. This can be both a pro and a con for buyers, as it means they can potentially get a good deal on a used BMW X5, but it also means that the vehicle may not hold its value as well over time. On the other hand, the 2014 Land Rover Evoque has also experienced depreciation, but at a slightly slower rate compared to the BMW X5. This means that buyers may be able to find a used Evoque at a slightly higher price compared to a used X5.

Cost of Ownership

When considering the price of a used vehicle, it's important to also take into account the cost of ownership. This includes factors such as maintenance, repairs, insurance, and fuel costs. Luxury vehicles like the BMW X5 and Land Rover Evoque can often come with higher maintenance and repair costs compared to non-luxury vehicles. In the case of the 2014 BMW X5, owners may need to budget for regular maintenance and repairs, as well as potentially higher insurance premiums due to the luxury status of the vehicle. On the other hand, the 2014 Land Rover Evoque also comes with its own set of ownership costs, including maintenance and repair costs that are typically higher than non-luxury vehicles. However, some buyers may find that the Evoque's smaller size and more fuel-efficient engine can help offset some of these costs compared to the larger BMW X5.

Resale Value

Resale value is another important factor to consider when looking at the price of a used vehicle. A vehicle with a higher resale value can often fetch a higher price when it comes time to sell or trade in. In the case of the 2014 BMW X5, the vehicle has a reputation for holding its value relatively well compared to other luxury SUVs. This means that buyers may be able to recoup more of their initial investment when it comes time to sell or trade in their BMW X5. On the other hand, the 2014 Land Rover Evoque also has a decent resale value, although it may not be as high as the BMW X5. Buyers looking to maximize their resale value may want to consider factors such as mileage, condition, and maintenance history when purchasing a used Evoque.

Conclusion

Overall, when comparing the attributes of price for a used 2014 BMW X5 and a used 2014 Land Rover Evoque, buyers will need to consider factors such as price range, depreciation, cost of ownership, and resale value. While the BMW X5 tends to have a higher starting price for a used model, it also has a reputation for holding its value relatively well over time. On the other hand, the Land Rover Evoque falls within a slightly lower price range, but may not hold its value as well as the BMW X5. Ultimately, buyers should weigh these factors against their own preferences and budget to make an informed decision when purchasing a used luxury SUV.