Best Resale Value SUVs for 2024

( iSeeCars ) – Buyers shopping for their next new vehicle or SUV will typically consider things like sticker price (or MSRP), fuel efficiency, and insurance costs. But often the most expensive factor when buying a new car is resale value. That’s because almost any vehicle purchased new will lose value over time. This drop in value is called depreciation, and the rate of depreciation will be reflected in the vehicle’s retained value after a given timeframe. The faster a vehicle loses value the less it will be worth when it’s time to sell it or use it as a trade-in for the next vehicle purchase (dealers will use a car’s residual value to determine how to price it for trade-in value) .

This rate of depreciation can vary substantially between vehicles. For instance, full-size luxury SUVs tend to depreciate faster than non-luxury full-size SUVs. But even within a given segment, such as midsize pickups, the Toyota Tacoma depreciates at a much lower rate than its direct competitor, the Nissan Frontier. The same is true in the full-size pickup truck segment, where the Toyota Tundra has a better resale value than the Ford F-150 or Nissan Titan.

Different vehicle categories, and “hot” new models in high demand, will also have different resale values. Sports cars like the Chevrolet Corvette or Ford Mustang GT500, and utility vehicles like the Ford Bronco, Ford Maverick, Kia Telluride and Hyundai Palisade, continue to sell at or above MSRP, even after being out for several model years.

Some automakers consistently produce the best cars for resale value. Honda, Lexus, Subaru, Tesla, and Toyota are brands that tend to do well on various annual best resale value awards programs. Models like the Honda Accord, Honda Civic, Lexus LS, Subaru Forester, Subaru Outback, Tesla Model X and Toyota Camry are cars that hold their value well, reflecting strong demand on the used car market.

But whether a consumer is considering a minivan, off-road SUV, heavy-duty truck, or electric vehicle, resale value will be among the most important considerations for shoppers looking to save money when it’s time to sell or trade in their vehicle.

Here are the best resale value SUVs across multiple categories as ranked by their 5-year resale value.

Best Resale Value Subcompact SUVs

1. Subaru Crosstrek : 73%
2. Toyota C-HR : 72.9%
3. Honda HR-V : 71.1%
4. Nissan Kicks : 69.7%
5. Mazda CX-3 : 67.9%

Best Resale Value Luxury Subcompact SUVs

1. Lexus UX 200 : 65.4%
2. Mercedes-Benz GLA : 57.9%
3. Buick Encore : 56%
4. Land Rover Range Rover Evoque Convertible : 55.9%
5. Volvo XC40 : 55.8%

Best Resale Value Small SUVs

1. Toyota RAV4 : 71.3%
2. Toyota Corolla Cross : 69.7%
3. Honda CR-V : 68.9%
4. Subaru Forester : 65.5%
5. Mazda CX-5 : 63.8%

Best Resale Value Luxury Small SUVs

1. Lexus NX 300 : 61.5%
2. Lexus NX 350 : 61%
3. Lexus NX 250 : 60.9%
4. Porsche Macan : 60.3%
5. Mercedes-Benz GLC : 54.5%

Best Resale Value Midsize SUVs

1. Jeep Wrangler Unlimited : 76.3%
2. Jeep Wrangler : 73.6%
3. Toyota 4Runner : 70.9%
4. Toyota Grand Highlander : 65.5%
5. Jeep Grand Cherokee WK : 61.1%

Best Resale Value Luxury Midsize SUVs

1. Lexus RX 350 : 57.5%
2. Lexus TX 350 : 56.7%
3. Lexus GX 460 : 56.7%
4. Lexus RX 350L : 56.3%
5. Porsche Cayenne : 53.4%

Best Resale Value Large SUVs

1. Toyota Land Cruiser : 63.8%
2. Toyota Sequoia : 60.4%
3. Chevrolet Tahoe : 51.9%
4. GMC Yukon : 50.9%
5. Ford Flex : 49.7%

Best Resale Value Luxury Large SUVs

1. Lexus LX 570 : 54.7%
2. Lexus LX 600 : 54.7%
3. Mercedes-Benz G-Class : 54.7%
4. Volvo XC90 : 45.6%
5. Buick Enclave : 45.5%

Best Resale Value Crossover SUVs

1. Subaru Crosstrek : 73%
2. Toyota C-HR : 72.9%
3. Toyota RAV4 : 71.3%
4. Honda HR-V : 71.1%
5. Nissan Kicks : 69.7%

Best Resale Value Luxury Crossover SUVs

1. Lexus UX 200 : 65.4%
2. Lexus NX 300 : 61.5%
3. Lexus NX 350 : 61%
4. Lexus NX 250 : 60.9%
5. Porsche Macan : 60.3%

Best Resale Value SUVs with 3 Rows

1. Toyota RAV4 : 71.3%
2. Toyota 4Runner : 70.9%
3. Toyota Grand Highlander : 65.5%
4. Toyota Land Cruiser : 63.8%
5. Jeep Grand Cherokee L : 61.1%

Best Resale Value Luxury SUVs with 3 Rows

1. Lexus TX 350 : 56.7%
2. Lexus GX 460 : 56.7%
3. Lexus RX 350L : 56.3%
4. Lexus LX 570 : 54.7%
5. Lexus LX 600 : 54.7%

Best Resale Value Hybrid SUVs

1. Jeep Wrangler Unlimited (Plug-in Hybrid) : 72.2%
2. Toyota RAV4 Hybrid : 69.6%
3. Jeep Wrangler (Plug-in Hybrid) : 69.5%
4. Subaru Crosstrek (Plug-in Hybrid) : 68.9%
5. Toyota RAV4 Prime : 65.6%

Best Resale Value Luxury Hybrid SUVs

1. Lexus UX 250h : 62%
2. Lexus NX 300h : 59.1%
3. Lexus NX 350h : 56.9%
4. Lexus RX 450h+ : 56.9%
5. Lexus NX 450h+ : 56.8%

Best Resale Value Plug-in Hybrid SUVs (PHEV)

1. Jeep Wrangler Unlimited (Plug-in Hybrid) : 72.2%
2. Jeep Wrangler (Plug-in Hybrid) : 69.5%
3. Subaru Crosstrek (Plug-in Hybrid) : 68.9%
4. Toyota RAV4 Prime : 65.6%
5. Dodge Hornet (Plug-in Hybrid) : 60%

Best Resale Value Luxury Plug-in Hybrid SUVs (PHEV)

1. Lexus RX 450h+ : 56.9%
2. Lexus NX 450h+ : 56.8%
3. Mercedes-Benz GLC (Plug-in Hybrid) : 50.5%
4. Porsche Cayenne (Plug-in Hybrid) : 49.3%
5. Alfa Romeo Tonale : 47.8%

Best Resale Value Electric SUVs

1. Toyota bZ4X : 57.3%
2. Mazda MX-30 EV : 53.5%
3. Hyundai KONA Electric : 51.6%
4. Subaru Solterra : 51.3%
5. Kia Niro EV : 50%

Best Resale Value Luxury Electric SUVs

1. Lexus RZ 450e : 48.6%
2. Tesla Model Y : 46.6%
3. Tesla Model X : 44.8%
4. Volvo XC40 Recharge : 43.3%
5. Mercedes-Benz EQB : 41.5%

In summary, choosing a vehicle with strong resale value can be a smart financial decision, ensuring you get the most out of your investment when it’s time to upgrade. From subcompact SUVs to luxury electric models, there are numerous options across categories that offer exceptional resale value. Whether you’re looking for the reliability of a Toyota RAV4 or the luxury of a Lexus RX, these vehicles stand out for their ability to retain value over time. We hope this guide helps you make an informed decision and find the perfect SUV to suit your needs.

More from iSeeCars:

• Best Gas Mileage Vehicles
• Best Cars for the Money
• Safest Cars

About iSeeCars:

iSeeCars.com is a data-driven car search and research company that helps shoppers find the best car deals by providing key insights and valuable resources, including the iSeeCars VIN Check report and Best Cars Rankings . iSeeCars has saved users over $420 million so far by applying big data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of new cars and used cars.

This article, Best Resale Value SUVs, originally appeared on iSeeCars.com.

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