It might not even be in UK showrooms yet, but the all-new Land Rover Discovery has already achieved the best residual values in its class, according to the independent industry body CAP.

After three years or 36,000 miles the Discovery is expected to retain 59 per cent of its value, a larger proportion than its rivals, and potentially reducing its overall cost of ownership. Traditionally, luxury SUV’s have struggled with heavy initial depreciation, but desirable models including the newest Land Rover appear to be reversing this trend.

Jaguar Land Rover UK Managing Director, Jeremy Hicks, said: “The new Discovery is already proving to be immensely competitive against the established competition. High residuals and reduced running costs mean that Discovery customers can enjoy all the improved benefits over the outgoing Discovery and its peers for less.”

“We have seen a fantastic response with over 6000 people registering on our website in just two weeks to find out more as we launch in the UK.”

Thanks to its monocoque architecture and lightweight aluminium construction, the Discovery weighs around 480kg less than its predecessor, which allied with a small and more efficient 2.0-litre ‘Ingenium’ diesel engine increase economy to 43.5mpg and cut emissions to 171g/km of CO2.

Maintenance costs should also be lower, with the 2.0-litre motor only requiring a service every 21,000 miles or two years. Available to order now, the Discovery is expected to arrive with customers from Spring, priced from £43,495, while 600 ‘First Editions’ with a high specification will cost £68,295.