Land Rover Range Rover (P38)
1994–2002

Based on 7 verified auction results
—
Market value · recent verified sales
Price History
MSRP
—
Collectibility
5/10
Collectible
3-Year Forecast
£0
+0%
5-Year Forecast
£0
+0%
Market scores
20
Desirability
Illiquid
10
Liquidity
Moderate
50
Resale Outlook
Spec Premium Engine
How spec moves the priceBuilt ≤ 1997
£84,010,010,027 median (n=4) vs £16,500 (n=3)
+509151476%
Computed from this model's verified auction sales. Premiums are the % difference between the median price of matching-spec lots vs the rest. Requires at least 3 sales on each side to be shown.
Marque analyst note
The P38 Range Rover remains a marginal presence in the collectible market, with only seven tracked sales across our database and no active listings currently monitored. This thin transaction volume makes reliable price discovery difficult and suggests buyers and sellers face genuine friction in matching offers.
Average mileage on transacted examples sits at 28,120 miles, indicating that surviving P38s in commerce tend to be relatively low-mileage examples, whether original or recommissioned. This skews toward the preserved end of the spectrum rather than drivers.
The P38 occupies a curious middle ground as a stable modern classic with a collectibility score of five—technically classified as collectible but with limited market momentum behind it. Desirability remains low, and liquidity constraints mean that selling one requires patience and realistic pricing relative to the tight buyer pool.
Without sufficient recent transaction data, we cannot calculate meaningful year-on-year trends or project reliable price movement over the next three to five years. The market simply has not generated enough volume to establish the directional signals needed for confident outlook statements.
Prospective buyers or sellers should approach P38 valuations cautiously, relying on specialist dealers and auction house estimates rather than recent comparable sales. The combination of low desirability, illiquid conditions, and sparse trading activity means this model remains a niche interest rather than a mainstream collectible segment.
UK Park (DVLA)
- Still licensed4,256
- SORN'd (off-road)11,885
- Total in DVLA records16,141
- All Land Rover Range Rovers121,125
Est. Annual Ownership Costs
- Insurance (agreed value)£450
- Maintenance£900
- Storage£2,400
- Depreciation£1,800
- Total annual cost£5,550
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Not enough verified sales for this model yet to score a listing.
Market Liquidity
- Active Listings0
- Sales Last 12 Months3
- Sell-Through43%
Market Snapshot
- Active Listings0
- Avg Sale Price£17,552
- Avg Mileage at Sale28,120 mi
- Recent Price Range£4,590 – £34,417
- Total Sales Tracked7
Recent sales
Showing latest 7Indicative only — not investment advice. Past performance is not a reliable indicator of future value.