Used car buying guide: Range Rover L322

From new, this generation of Range Rover soared close to £90,000 in tip-top forms. Today, used prices start at less than £2000 and rarely exceed £30,000. Forgive us for sounding like a home furniture advert, but the value for money is truly out of this world. Here we have a luxury SUV icon that goes for less than a new Dacia Sandero in many cases.

The Range Rover is a sure-fire future classic, too – one boasting owners such as Jeremy Clarkson and the Queen – so pick one up before they rise to silly money. Just make sure you read our ‘Buyer beware’ section below, and brace your wallet for some potentially stomach-churning fuel bills. Apart from that, your royal chariot awaits.

What we said then

9 January 2002: “Performance is brisk enough, the V8 pulling cleanly from low revs and remaining smooth all the way to the limiter. There’s a little more mechanical noise allowed into the cabin than you might expect of a true luxo-barge, but the sound is pleasant enough to be marked down as an asset because you never think of it as harshness.”

How to get one in your garage

An owner’s view, George Hill: “With prices the way they are, the L322 is a tempting proposition. My advice would be that if you are tempted, ignore the doomsayers and go for it – but do your research, choose the best you can afford and ensure the car has a full history. Set aside some money, too, because this is a big and complicated luxury car that will require as much maintenance as an ageing Labrador. Mine is an early facelift Vogue with the 4.4-litre Jaguar petrol V8. I chose it for its sound, easy-going nature, lack of turbos (which commonly fail on other engines) and ULEZ compliance. There really aren’t many cars out there that offer so much for so little. If properly looked after, the L322 will do anything you throw at it.”

Buyer beware

Engine: Listen for whining turbos and injector misfires on the 3.0 TD. The 3.6 TD can suffer turbo actuator issues. Check the water pump was replaced at the cambelt change. On 4.2-litre cars, listen for a rattle from the supercharger at idle. Inspect for exhaust wear and check the catalytic converter isn’t breaking up.

Cooling system: Look at the coolant expansion tank. The BMW 4.4 petrol suffers failed O-ring seals at the water jacket housing behind the engine. This can cause overheating and coolant leaks into the gearbox.

Gearbox: This is a big area for problems. Warning signs include stubborn changes accompanied by dashboard lights. Disregard the ‘sealed for life’ sticker: regular fluid and filter changes will help. On early cars, check it was recalled for fitment of a CV joint on the front propshaft.

Suspension and brakes: Check the air suspension scrolls at three height settings noiselessly, and that the bellows aren’t leaking (park the car and see if it sinks). Scrutinise workshop bills to see when the air compressor was checked or replaced. Listen for the front wishbones knocking under braking. Listen for the rear hub bushes clonking over bumps. Check brake disc and pad life.

Body: Inspect the underside for off-road damage and the tailgate for rust, in addition to damage from people sitting on it.

Also worth knowing

Trims range from well-equipped HSE to ultra-luxurious Autobiography. There are hundreds of used L322s for sale, most of them diesels. Those wanting the most confidence as they head into their Range Rover purchase should seek out examples that have not only a full service history but also proof of recall and technical service bulletin rectification, as well as drivetrain and suspension refurbishment.

How much to spend

£1500-£2999: Early cars. Questionable conditions and mileages north of 150,000 in some cases. Mainly 3.0-litre diesels.

£3000-£4999: A wider range of model years and engines, including petrols. Conditions better though not always respectable. Mileages remain high.

£5000-£7999: Respectable conditions and high mileages. A mix of private sellers and independent dealers.

£8000-£9999: Mileages wavering around 100,000. Later cars enter the fold here, and many examples that have been well maintained.

£10,000-£12,999: Mainly good, later cars in middle to high trim levels.

£13,000-£19,999: Great conditions, with mileages dipping ever further below 100,000.

£20,000-£30,000: The best of the best examples, with range-topping trims and engines.

One we found