Not all sport utility vehicles (SUVs) are created equal. Some hold their value much better than others. So why do some SUVs hold their value better than others?
There are several reasons some SUVs fight off the first few years of depreciation. Factors such as reliability, dependability and craftsmanship has just as much to do with value retention as popularity (supply and demand).
If there’s a lack of a certain SUV in the used market place, it normally means the current owner is happy with the vehicle and will be keeping it for as long as they possibly can. The lower price of gas-per-gallon has also made many sport utility models popular. This makes finding used sport utility vehicles harder to find in the market.
Autobytel recently published their top picks for the top 10 SUVs that hold their value. The SUVs they picked have maintained a good reliability rating and excellent reputation over the past few years. If you’re in the market for a sport utility vehicle, make sure you check out the list below.
Number one on the list is the Acura MDX. Acura driver’s are known to be some of the most loyal buyers in the bunch. Another reason the MDX is in the number one spot, is how it does not spend much time in the service department during the time of ownership. If you’re in the market for a luxury sport utility vehicle in 2016, add the Acura MDX to your test drive list.
Check out the top 10 SUVs with the best resale value for 2016 below.
Research New Cars Online Before Visiting a Car Dealership
Before buying a new car, it’s important to know the dealer invoice price and what other people are paying for the same vehicle in your local area. Otherwise, you won’t know what’s a good price to pay for any car.
Read my detailed guide on how to get dealers to compete in an online bidding war to guarantee you pay the best new car price and avoid car dealer scams when buying your next new car.
As always, I highly recommend using an online referral service such as Ryde Shopper or Motor Trend, their quotes will automatically include any discounts or cash-back incentives currently available in the marketplace.
Top 10 SUVs That Have the Best Resale Value in 2016
|#||Category||Make and Model||Horsepower||Miles Per Gallon|
|1||Luxury Vehicle||Acura MDX||290 hp||Up to 20 city / 27 highway|
|2||Compact Sport Utility Vehicle||Lexus NX||194 to 235?hp||Up to 35 city / 31 highway|
|3||Compact Sport Utility Vehicle||Honda CR-V||185 hp||Up to 26 city / 33 highway|
|4||Sport Utility Vehicle||Toyota Highlander||185 to 270 hp||Up to 20 city / 25 highway|
|5||Mid-sized Luxury Car||Mercedes-Benz G-Class||416?hp||13 city / 15 highway|
|6||Sport Utility Vehicle||Jeep Wrangler||285 hp||Up to 17 city / 21 highway|
|7||Sport Utility Vehicle||Toyota 4Runner||270 hp||Up to 17 city / 22 highway|
|8||Sport Utility Vehicle||Chevrolet Tahoe / GMC Yukon||$72,970-$94,950||Up to 16 city / 23 highway|
|9||Luxury Vehicle||Porsche Macan||340 to 400?hp||17 city / 23 highway|
|10||Luxury Vehicle||Lexus LX||383 hp||13 city / 18 highway|