In 2024, India’s SUV market for luxury vehicles increased by over 25%. The two icons are leading the way- the Toyota Land Cruiser and the Range Rover. Both are priced over Rs. 2 Crore and offer an elite experience and image. But which one should be preferred to buy in India? This guide compares price, features, and costs of ownership to help you determine the better buy.
Quick Price Comparison
Before considering features and comforts, the first thing buyers check is the on-road price difference. Since both SUVs fall in the Rs. 2 to 5 crore range, it is important to understand how much you have to spend in different cities.
Model | Ex-Showroom Price Range (in Crores) | On-Road Delhi (in Crores) | On-Road Mumbai (in Crores) | On-Road Chennai (in Crores) | On-Road Bangalore (in Crores) |
Toyota Land Cruiser | 2.31 to 2.41 | 2.65 | 2.75 | 2.70 | 2.78 |
Range Rover | 2.40 to 4.55 | 2.80 to 5.30 | 2.85 to 5.40 | 2.82 to 5.35 | 2.90 to 5.45 |
At a Glance:
- The Land Cruiser has a lower base price and fewer variants.
- Range Rover goes from “affordable luxury” to ultra-premium (Rs. 5.4+ Cr).
Toyota Land Cruiser Pricing and Ownership Costs
The Land Cruiser LC300 is Toyota’s premium SUV model in India, known for its durability and reliability. Below is a more detailed description of the price, along with an overview of the costs of ownership.
Variants and Price
There are two variants available in India:
- LC 300 ZX- Rs. 2.31 Cr
- LC 300 GR-S– Rs. 2.41 Cr
As the Land Cruiser is a CBU (completely built-up unit), the costs are higher due to import duties.
Financing and EMIs
Luxury SUVs are usually heavily financed, and this SUV is no exception. Assuming a 7-year loan (at ~9% interest, 20% down payment), the effective EMI is ~Rs. 3.8 lakh/month. To that, you should also add Rs. 30 – Rs. 40 lakh for insurance/tax/warranty extensions.
Verdict
Although the initial price is high, the Land Cruiser is relatively cheap to maintain and is built to last for decades. Considering its durability, it is a sound long-term financial decision to add to your garage.
Range Rover Pricing and Ownership Costs
The Range Rover is the ultimate luxury SUV, offering its customers a wide range of trims and advanced technology options. But the cost structure is very different from that of Toyota.
Variants and Pricing
The different variants overall give buyers a wider range:
- SE- Rs. 2.40 Cr
- HSE- Rs. 2.80 Cr
- Autobiography- ~Rs. 3.50 Cr
- SV (Flagship)- Rs. 4.55 Cr
Financing and EMIs
Most Range Rover buyers tend to use flexible financial options. Land Rover Financial Services provides leasing, buyback, and trade-in offers to reduce the financial burden.
Where a Range Rover gives you more choice, you must also be prepared for much higher insurance, service, and depreciation costs.
Key Features and Specs Compared
Luxury SUVs are measured by price, performance, and comfort. Here’s such comparison between the Land Cruiser and the Range Rover.
Engine and Performance:
- Land Cruiser: 3.3L twin-turbo V6 diesel, ~305 bhp, mileage 8–12 km/l
- Range Rover: Engines (3.0L petrol/diesel), plug-in hybrid, and a V8 engine with 557 bhp, mileage 6–10 km/l
Off-Road Capability:
- Land Cruiser: Rugged, body-on-frame design and locking differentials, solid reputation for reliability
- Range Rover: Terrain Response 2 system, adaptive air suspension, smoothest on-road comfort
Technology / Infotainment:
- Land Cruiser: Practical, durable, rounded embodiment, infotainment feels too basic
- Range Rover: Premium audio system, multiple touchscreens, and driver-assist features
Space / Comfort:
- Land Cruiser: Standard 7-seater, top-tier practicality
- Range Rover: 5 or 7-seater, but far more luxurious and high customisation
Running Costs and Maintenance in India
Purchasing a luxury SUV doesn’t only involve the purchase price, but running and maintenance are important considerations for long-term happiness. Below is the table describing the comparison between the two vehicles’ overall maintenance costs.
Factor | Land Cruiser | Range Rover |
Fuel economy | 8 to 12 km/l | 6 to 10 km/l |
Service costs | Lower, wider Toyota dealer network | Higher, fewer service centres |
Resale value | Excellent, strong repeat demand | Weaker, depreciation of 30 – 40% in 5 years |
Hence, the Land Cruiser is a cheaper vehicle to maintain, has better fuel economy, and holds its value longer.
Pros and Cons
To help make the decision, here is a quick summary of what each SUV does best and its shortfalls:
Toyota Land Cruiser
Advantages | Disadvantages |
Reliability | The interior feels plain compared to the competition |
Low running/servicing costs | Limited variations and customisation options. |
Good resale value | |
Proven off-road ability |
Range Rover
Pros | Cons |
Iconic luxury design | Higher depreciation |
Multiple powerful engines to choose from | Thirsty engines |
Latest tech and infotainment options | High ownership costs |
Extensive personalisation options |
Other Possible Alternatives
If neither SUV speaks to you, these alternatives can be explored:
- BMW X7
- Mercedes-Benz GLS
- Audi Q7
These alternatives offer a value proposition between the two models, varying in price, features, and maintenance.
To conclude, both SUVs are excellent choices to cater to different buyers. The Land Cruiser has great value, reliability, and ruggedness. However, the Range Rover is known for its luxury, technology, and prestige. Hence, your final decision depends on whether you want a long-term workhorse or a luxuriously comfortable lounge on wheels. Whichever it is, you must test drive before making a Rs. 2 Crore decision.
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Range Rover Price Comparison Between Different Models
Range Rover Ex-Showroom and On-Road Price in India