Edmunds names the SUVs that hold value best after 3 years
AP News • • business
Key Points:
- Edmunds analyzed used 2023 model-year SUV sales data to identify SUVs that retain the highest percentage of their original value after three years, providing useful guidance for buyers seeking vehicles with strong resale value.
- In the extra-small SUV category, the Toyota Corolla Cross and Honda HR-V lead, with the Corolla Cross retaining 81.7% of its value due to practicality and features, while the HR-V offers spaciousness despite slower acceleration.
- For small SUVs, the Toyota RAV4 Hybrid and Honda CR-V rank highest, with the RAV4 Hybrid holding 81.4% of its value thanks to comfort, fuel economy, and safety, and the CR-V praised for its smooth ride and hybrid fuel efficiency.
- Among midsize SUVs, the Toyota 4Runner retains the most value at 83%, favored for rugged off-road capability, followed by the Ford Bronco known for its adventurous design and versatility.
- In the midsize three-row and large three-row SUV segments, the Toyota Highlander Hybrid and Honda Pilot, and the Toyota Sequoia and Chevrolet Tahoe respectively, offer strong resale values ranging from 77% to 80%, balancing family-friendly features with performance and technology.
