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Logbook · Small Sport Utility Vehicle 4WD · 2021–2026

Land Rover Range Rover Velar P340 MHEV

What it costs to keep fuelled

$2,182a year, fuel only

The 2026 Land Rover Range Rover Velar P340 MHEV is EPA-rated at 22 MPG combined (19 city / 26 highway). Over 15,000 miles a year that is about 682 gallons, $2182 a year in fuel, or $0.145 per mile at $3.20/gal.

Across its full 2021–2026 run it averages 22 MPG, essentially flat across 6 model years.

LOGBOOK ENTRY · 2026 LAND ROVER RANGE ROVER VELAR P340 MHEV SHEET LAND-ROVER-RANGE-ROVER-VELAR-P340-MHEV · 6 YEARS ON FILE
22 MPG COMBINED 0 60

The band is how far one gallon carries it: 22 of the 60 MPG this scale runs to. The square tick is the small sport utility vehicle 4wd average, 29.3.

Fuel, per year
$2,182 at 15,000 mi
Per mile
$0.145
Per kilometre
$0.090
Gallons burned/yr
682

1 mile = 1.609344 km · fuel at $3.20/gal, fixed JUL 2026

Test figure — not a road result

SOURCE·US EPA fuel-economy test data·FUEL ASSUMED AT $3.20/GAL FROM JUL 2026·REVIEWED JUL 2026

Combined22MPG · 2026
Cost per mile$0.145at $3.20/gal
Fuel per year$218215,000 miles
Class rank94of 130

How this is worked out

  1. Start from the EPA combined figure for the model year — a laboratory test cycle run to a fixed procedure, not a road result. Where a year sold several engines or drivetrains, the trims are averaged and the trim count is printed beside the row so you can see how much averaging is behind it.
  2. Fix a pump price. This site keeps one reference price, $3.20 a US gallon, fixed JUL 2026 and printed next to every dollar figure it produces. It is an assumption with a date on it, not a quote — put your own price in.
  3. Fix an annual distance. Every annual figure on this site uses 15,000 miles a year, roughly the US average. A cost per year with no stated distance is not a number, it is a mood.
  4. Divide distance by economy for gallons, multiply by price for the year's fuel, divide price by economy for one mile. The per-kilometre line is that last figure divided by 1.609344 — the same money, in the unit most of the world drives in.
  5. Stop there. No depreciation, no tyres, no insurance, no servicing. This is the fuel line of the ledger and it is labelled as one; depreciation usually dwarfs everything on it.
gallons/yr = miles/yr ÷ MPG
fuel  $/yr = gallons/yr × $/gal
cost  $/mi = $/gal ÷ MPG
cost  $/km = cost $/mi ÷ 1.609344

The full method, the licence note, and what a test figure cannot tell you →

Re-run the ledger at another pump price

Every line above rests on one pump price. Here is the same entry re-costed at six others, because the price is the part that changes while the test sheet stays put.

Fuel pricePer mile10,000 mi/yr15,000 mi/yr20,000 mi/yr
$2.50/gal $0.114 $1136 $1705 $2273
$3.00/gal $0.136 $1364 $2045 $2727
$3.20/gal $0.145 $1455 $2182 $2909
$3.50/gal $0.159 $1591 $2386 $3182
$4.00/gal $0.182 $1818 $2727 $3636
$4.50/gal $0.205 $2045 $3068 $4091
$5.00/gal $0.227 $2273 $3409 $4545

SOURCE·US EPA fuel-economy test data·FUEL ASSUMED AT $3.20/GAL FROM JUL 2026·REVIEWED JUL 2026

The whole service history, sheet by sheet

6 model years on file. Read down the combined column: a nameplate that got heavier shows it here long before any brochure admits it.

Every model year of the Land Rover Range Rover Velar P340 MHEV the EPA has a test sheet for, averaged across trims.EPA DATA · JUL 2026
YearCombinedCityHighwayEPA fuel cost/yrCO₂ g/miTrims
2026 22 MPG1926 $35004071
2025 22 MPG1926 $35004071
2024 22 MPG1926 $35004071
2023 22 MPG2026 $35003991
2022 22 MPG2026 $35003991
2021 22 MPG2026 $35003991

Where a model year offered several engines or drivetrains, the figure is the average across all EPA-tested trims that year — the trim count is shown so you can see how much averaging is involved.

SOURCE·US EPA fuel-economy test data·FUEL ASSUMED AT $3.20/GAL FROM JUL 2026·REVIEWED JUL 2026

Marked against the rest of the small sport utility vehicle 4wd bay

Among the 130 small sport utility vehicle 4wd models tracked here, the Land Rover Range Rover Velar P340 MHEV ranks 94 on current figures, against a class average of 29.3 MPG — the square tick on the gauge above.

Closest more-efficient alternatives in the same class: Ford Edge AWD (22.3), Chevrolet Blazer AWD (22.5), Acura RDX AWD (23), Acura RDX AWD A-SPEC (23), Audi SQ5 (23).

Tailpipe CO₂ is rated at 407 grams per mile, which works out to roughly 6.1 tonnes a year at 15,000 miles.

Questions asked across the counter

What MPG does the Land Rover Range Rover Velar P340 MHEV get?

The 2026 Land Rover Range Rover Velar P340 MHEV is rated at 22 MPG combined by the EPA — 19 city and 26 highway. Across all 6 model years in the database it averages 22 MPG, ranging from 22 to 22 depending on year and trim.

How much does a Land Rover Range Rover Velar P340 MHEV cost in fuel per year?

At 22 MPG and 15,000 miles a year, it burns about 682 gallons — roughly $2182 a year with fuel at $3.20 a gallon, or $0.145 per mile. The EPA's own published annual figure for the 2026 model is $3500.

Has the Land Rover Range Rover Velar P340 MHEV become more efficient over time?

Barely. It sits at 22 MPG today against 22 in 2021 — essentially flat across 6 model years, with efficiency gains offset by weight and power creep.

Is the Land Rover Range Rover Velar P340 MHEV efficient for its class?

It ranks 94 of 130 in the Small Sport Utility Vehicle 4WD class on current figures, against a class average of 29.3 MPG. That is 7.3 worse than typical for the class.

SOURCE·US EPA fuel-economy test data·FUEL ASSUMED AT $3.20/GAL FROM JUL 2026·REVIEWED JUL 2026

Cost per mile, per kilometre and per year are computed at a reference price of $3.20 a gallon over 15,000 miles, fixed JUL 2026 — set your own pump price. Estimates based on official test figures and average fuel prices. Real-world consumption varies with driving style, load, terrain and maintenance.

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Published by

Amit Sharma

Auckland real-estate agent and marketer. Builds free, sourced data tools.