We've been sharing "Best SUVs" lists for the past several weeks, and this week we keep that theme going with the Best Resale Value SUVs. Like the Best Gas Mileage SUVs and Best SUVs for Cargo Space, this list was also compiled by iSeeCars.com. iSeeCars says resale value is often the most expensive factor when buying a new car since new vehicles lose value over time (a process that starts right when they leave the lot.) This drop in value is called depreciation - the rate of which is reflected in a vehicle's retained value after a certain timeframe. The faster a vehicle loses its value, the less it's worth when it comes time to sell it trade it in. Dealers use the car's residual value to determine its trade-in value. Researchers determined the best resale value SUVs by analyzing over 3 million vehicles, and calculated how much each SUV model depreciates after 5 years. Here's a look at iSeeCars' #1 Best Resale Value SUVs in each SUV segment: As iSeeCars notes, depreciation rates can vary widely between vehicles. When it comes to SUVs, full-size luxury sUVS tend to depreciate faster than their non-luxury counterparts. Rates can also vary within segments themselves. Take the midsize pickup segment. iSeeCars says the Toyota Tacoma depreciates at a much lower rate than its direct competitor, the Nissan Frontier. In the full-size truck segment, the Toyota Tundra enjoys a better resale value than both the Ford F-150 or Nissan Titan. Another factor is popularity. "Hot", in-demand, models will retain a higher resale value. iSeeCars points to sports cars like the Chevrolet Corvette or Ford Mustang GT500, and SUVs like the Ford Bronco, Ford Maverick, Kia Telluride and Hyundai Palisade, continue to sell at or above MSRP, even when they're several model years old. Brand matters, too. Honda, Lexus, Subaru, Tesla, and Toyota are all brands that consistently do well on annual best resale value awards programs. Researchers point to models like the Honda Accord, Honda Civic, Lexus LS, Subaru Forester, Subaru Outback, Tesla Model X and Toyota Camry as vehicles with great resale value, reflecting strong demand on the used car market. For iSeeCars complete SUV Resale Value Rankings click here. Photo Credit: Subaru. Best Resale Value SUVs By Category
3 Resale Value Factors To Consider
1. Depreciation rates vary widely.
2. Popularity = Higher Resale Value
3. Brand Matters
FAQs
Looking For SUVs With The Best Resale Value? Here They are By Segment? ›
The best resale value subcompact SUV is the Subaru Crosstrek (73% 5-yr resale value), with the Toyota RAV4 being the best resale value small and compact SUV (71.3% 5-yr resale value). The Jeep Wrangler Unlimited ranks #1 for the best resale value midsize SUVs (76.3% 5-yr resale value).
What brand of SUV holds the most value? ›The best resale value subcompact SUV is the Subaru Crosstrek (73% 5-yr resale value), with the Toyota RAV4 being the best resale value small and compact SUV (71.3% 5-yr resale value). The Jeep Wrangler Unlimited ranks #1 for the best resale value midsize SUVs (76.3% 5-yr resale value).
What car brand holds its value the best? ›Put together, Toyota, Subaru, Honda, and Nissan account for half of the cars with the best resale value.
What color SUV has the highest resale value? ›Yellow retains the top ranking for resale value in the SUV category, followed by green, orange, and purple. These are not common colors on SUVs, helping the few that are painted these shades be seen as rare and more valuable to buyers seeking them.
Which full size SUV depreciates the least? ›Best Resale Value Midsize SUV - Jeep Wrangler (91.1% 5-yr resale value) Best Resale Value Luxury midsize SUV - Lexus RX 350 (65.3% 5-yr resale value), Best Resale Value Large SUV - Toyota Land Cruiser (65.1% 5-yr resale value). Best Resale Value Luxury large SUV - Lexus LX 570 (63% 5-yr resale value)
What car does not lose value? ›Analyzing five-year depreciation rates of over 1.1 million vehicles sold from November 2022 to October 2023, iSeeCars found trucks (34.8% five-year depreciation) and hybrids (37.4%), plus some sports cars and economy cars, were the best at retaining value.
What is the most depreciating car brand? ›Luxury Vehicles and Their Depreciation
The Maserati Quattroporte, a leading model in the luxury segment, tops the list with a depreciation of nearly two-thirds of its value after five years. BMW's 7 Series and 5 Series, as well as the Maserati Ghibli, are also significantly affected.
What is the midsize SUV with the best resale value? The Jeep Wrangler Unlimited has the best resale value among midsize SUVs. The Wrangler Unlimited retains 76.3 percent of its value after 5 years, with an average price of $32,915 for 5-year-old models.
Which car doesn't lose value? ›Some cars hold their value better, such as pickup trucks, SUVs, and sports cars. Electric vehicles and luxury sedans are reported to lose their value faster. A few of the top cars with the lowest depreciation include Toyotas and Jeeps, versus BMW vehicles, which held three of the top ten spots for the highest rate.