Consider One of These 5 SUVs That Hold Value Most Over Time
One of the realities of new vehicle shopping is no matter how expensive or cheap your new ride is, it immediately begins depreciating in value. SUVs are no different, and these pricey vehicles can suffer steep value depreciation very, very quickly.
Luckily, for new SUV shoppers hoping to find some resale value in their next purchase, iSeeCars compiled a list breaking down those with values that last longest over five years. Keep reading to find the long-running SUV that's perfect for you.
Find Out: 6 Budget-Friendly Cars With the Most Reliable Engines
Be Aware: 5 Signs You’re Losing Money Every Month — and How To Find the Leaks
1. Toyota RAV4
Average 5-year depreciation: 30.9%
Loss of value vs. MSRP: $9,233
The RAV4 is loaded with modern tech, suffused with a bevy of safety features and has a rather roomy interior. Drivers have every reason to trust the RAV4's value will only depreciate incrementally and slowly, according to an iSeeCars study of vehicles that depreciate the least in the auto market.
2. Toyota 4Runner
Average 5-year depreciation: 31.3%
Loss of value vs. MSRP: $12,753
Top Speed has clocked the Toyota 4Runner as a rather above average SUV in terms of reliability -- once again in keeping with Toyota's reputation -- which staves off a high depreciation rate.
3. Subaru Crosstrek
Average 5-year depreciation: 33%
Loss of value vs. MSRP: $8,511
With a great value thanks to its standard and highly-reliable all-wheel drive, advanced safety features and tech, and its comfortable and luxurious interiors, U.S. News & World Report noted the Crosstrek does just as well in the used market as it does on the road.
4. Jeep Wrangler
Average 5-year depreciation: 33.9%
Loss of value vs. MSRP: $10,888
The Jeep Wrangler is a rugged and comfortable SUV that handles just as easily on the highway as it does off-roading. Its reliability and durability make it strong enough to thrive in the aftermarket without losing most of its value, per Top Speed.
5. Honda HR-V
Average 5-year depreciation: 34%
Loss of value vs. MSRP: $8,640
Much like other SUVs on this list, the Honda HR-V is defined by its reliability, as well as its efficiency and affordability -- all things that allow it to last long on the road and the resell market, as per Top Speed.
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
More From MoneyLion: