The SUVs That Don’t Lose Their Value After 5 Years on the Road
You really don’t know whether you got a good deal on a car until you sell it. Once you do, you can see what a vehicle cost for insurance, maintenance, gas, and everything else you spent to keep it running. Chrysler 200 owners likely read these numbers and wept in recent years. In an iSeeCars study, buyers saw Chrysler’s midsize sedan lose 30% of its value after a single year of ownership.
Clearly, those buyers should have opted for a lease. Yet many sedan buyers are having a hard time getting value back when they trade in cars or sell them on the used market. According to the 2017 analysis by Kelley Blue Book, trucks and SUVs fare much better in resale value than smaller cars. Nonetheless, you will still find models losing value, such as Mazda CX-3 dropping 60% after just three years.
Even when you choose a more versatile vehicle, you’ll want one that will get you a decent return once you decide to sell. Here are 10 SUVs that will actually be worth good money after five years on the road, according to Kelley Blue Book. All vehicles are from the 2017 model year.
10. Toyota Sequoia
If you look at Toyota Sequoia’s reliability and number of high-mileage models on the road, you can see why it’s an excellent bet to take you to 300,000 miles. Sequoia buyers dig in for the long haul, and given how solid the SUV’s resale values look they can feel safe keeping it in the garage. The latest Kelley Blue Book data says the 2017 model will uphold that reputation. After five years, Sequoia owners can expect a return of 40% on their original investment.
9. Chevrolet Tahoe
There have been bumps in the road for Tahoe on the reliability front, but early this decade (2011 to 2013) Chevy was producing SUVs for the long haul. When iSeeCars counted the number of vehicles with 200,000 miles or more on the used market, Tahoe placed fifth in 2017. Looking ahead, Kelley Blue Book says new models will still retain solid value (40%) after five years in an owner’s possession.
8. Porsche Macan
Because of the nature of the luxury auto market, you won’t see any BMW, Audi, or Mercedes crossovers cracking the top 10 for resale value. However, Porsche Macan transcended the limitations of this segment. Besides its impressive resale value after three years (62.5%), Kelley Blue Book projected Macan will hold onto a full 40% of its purchase price in five years. Although it’s bad news for anyone hoping to score a cheap Porsche crossover, it’s good news for new Macan buyers.
7. Subaru Crosstrek
Standard all-wheel drive and first-rate reliability don’t go out of style on the used market. For these reasons, you’ll find Subaru Crosstrek delivering the best resale value of any SUV in the subcompact class. Considering a Crosstrek starts at just $21,695, we’d say it’s a safe bet for your next vehicle. Kelley Blue Book’s resale projections say the 2017 model will return an average of 41% on the used market after five years in an owner’s possession.
6. Chevrolet Suburban
Your fuel costs will run high, but when it comes to versatility the Chevrolet Suburban is difficult to beat. Up to nine people can pile inside — along with camping gear and coolers — so you can skip van rentals for outings with family and friends. Meanwhile, Suburban can tow more (8,300 pounds) than a Colorado midsize pickup. Choose a higher trim level, and you get most of the comforts of Cadillac Escalade without paying the price. After five years, it should still be worth 41.3% what you paid.
5. Honda CR-V
While Honda CR-V’s three-year resale value is only average, you see why this is such a good buy a few years later. Kelley Blue Book projects CR-V’s resale value at 42.8% of the original price after five years in the original owner’s hands, making it top dog in what has become a very competitive class. (Mazda CX-5 and Subaru Forester scored lower.) We’re guessing CR-V’s rock-solid reliability scores over the past four years were a factor here.
4. Toyota Highlander
Few vehicles on the U.S. market boast the reliability scores and owner satisfaction rates of Toyota Highlander. In fact, when iSeeCars rounded up the cars owners held onto for 10 years or more, Highlander and its hybrid model took two of the top three spots. That record means used car buyers usually get a vehicle the previous owner loved, and it shows up in the residual value. After five years, Kelley Blue Book says Highlander will command 43.2% of its original price on the used market.
3. Jeep Wrangler
It’s neither economical nor reliable, but you don’t buy a Wrangler for those reasons. The most iconic Jeep remains popular because it charges off road with the best of them and sports a style that’s been cool since World War II. Because of that rugged reputation and timeless appeal, Wrangler will get you money back on the used market. Kelley Blue Book says it can fetch you an average of 47.4% after five years in your possession.
2. Jeep Wrangler Unlimited
The only Jeep featuring better resale value than Wrangler is Wrangler Unlimited, the four-door model starting at $28,890 in 2017. It may have dubious reliability scores and a reputation to rattle on the highway, but most Wrangler owners love their vehicles and treat them accordingly. Once they go to sell, buyers are willing to pay a premium for used models. Kelley Blue Book projects a return of 54.3% on the secondary market after five years of ownership.
1. Toyota 4Runner
If an old-school, truck-based SUV that grinds through dirt is on your wish list, your options have gotten smaller in recent years. Outside of Wrangler, Jeep makes mostly vehicles that seem uncomfortable off nicely paved asphalt. However, Toyota 4Runner still fits the bill in ruggedness while topping Consumer Reports reliability lists year after year. Ruggedness and dependability rule the used SUV market, and Kelley Blue Book says you can get an amazing 54.5% back on a 4Runner after five years.
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