More than 30 years after the first Range Rover was launched, the third-generation – kicking off with the 2002 model year – marked a significant upgrade for the SUV. It was the first Range Rover built under BMW ownership, and shared nearly all of its electrical components with the E39 5 Series. It even wielded BMW's 4.4-liter M62 V8 alongside a supercharged 4.2-liter JLR V8. It was also the first Range Rover generation to receive a dramatically new design, too – the third-gen ditched many of the rugged components found in the first two generations in place of a more luxurious look, helping it become one of the most successful Land Rover products ever built in terms of sales.

– Jeff Perez