Best Resale Value Luxury SUVs for 2024
The best resale value luxury SUVs are determined based on analyzing over 3 million vehicles to calculate how much each luxury SUV model depreciates after 5 years.
The best resale value luxury subcompact SUV is the Lexus UX 200 (65.4% 5-yr resale value), with the Lexus NX 300 being the best resale value luxury small and compact SUV (61.5% 5-yr resale value). The Lexus RX 350 ranks #1 for the best resale value luxury midsize SUVs (57.5% 5-yr resale value).
The best resale value luxury large SUV is the Lexus LX 570 (54.7% 5-yr resale value) and the best resale value luxury crossover SUV is the Lexus UX 200 (65.4% 5-yr resale value). Topping the list for the best resale value luxury three-row SUVs is the Lexus TX 350 (56.7% 5-yr resale value), while the Lexus UX 250h ranks first for the best resale value luxury hybrid SUVs (62% 5-yr resale value).
The best resale value luxury plug-in hybrid SUV (PHEV) is the Lexus RX 450h+ (56.9% 5-yr resale value), with the Lexus RZ 450e being the best resale value luxury electric SUV (48.6% 5-yr resale value).
Luxury SUV shoppers might consider styling, all-wheel drive, off-road capability, and brand cachet as examples of primary considerations when shopping for their next new car. But the best luxury SUVs will also suffer minimal depreciation and offer maximum retained value, even when they are several model years old.
This is important because like every new vehicle, luxury SUVs lose value after they are purchased. And like every luxury car, their higher MSRP creates even more potential for loss between their original value and their residual value a few years later. And while mainstream automakers like Honda and Toyota are known for their excellent resale value, many luxury brands are in the opposite position, having notorious reputations for losing a lot of value when it’s trade-in time.
Brands like Acura, BMW, Infiniti, and Lincoln rarely win best resale value awards, while brands like Lexus, Mercedes-Benz and Porsche often do. Audi, Land Rover, and Volvo are usually somewhere in between. This is particularly important to understand for buyers coming out of strong resale value vehicles, like a Chevrolet Corvette, Ford Mustang GT, Subaru Forester, or Toyota Tacoma or RAV4. If you’re transitioning from a sports car, performance coupe or compact/subcompact SUV into a far more expensive full-size SUV like the Land Rover Range Rover, you might not be comfortable with the resale value trending these models often experience after just a few years.
Smaller, compact luxury SUVs and crossovers, like the Acura RDX, Genesis GV70 or Volvo XC40, will cost less up front and have less potential for big resale value losses, though they won’t offer three-row passenger capacity of larger, more expensive models like the Lincoln Aviator and Tesla Model X. Also keep in mind that luxury-branded electric vehicles also cost more up front and have the potential to suffer greater drops in resale value.
How We Rank These Cars
iSeeCars analyzed over 3 million vehicles to calculate the resale value for each model after 5 years. The resale value for a given model is based on the difference between the new car MSRP and the equivalent 5 year-old used car price for the model.
Vehicles within a given category are sorted to show the models with the best resale values first. If two cars have the same resale values, then we break the tie by seeing which vehicle has the higher overall iSeeCars Score. Along with resale value, we show comprehensive iSeeCars ratings for each model, because we believe multiple factors should be taken into account when buyers are seeking the best overall vehicle. Two of these additional factors are reliability and safety, both of which are included in our ratings system.
The overall iSeeCars Score is an analysis of these three key factors: reliability, resale value and safety. It is calculated based on the latest research and analysis by our data science team. The data analysis comes from over 12 million new and used vehicles in our Longest-Lasting Cars and 5-Year Depreciation Studies, combined with NHTSA and IIHS Safety Ratings.
Vehicles are scored in three categories:
Reliability
The reliability score represents an analysis of iSeeCars' proprietary research on the longest-lasting vehicles.
Value Retention
The value retention score is based on our data science team's statistical analysis and prediction of 5-year depreciation from MSRP to determine which cars hold their value best, using US Bureau of Labor Statistics data to adjust for inflation.
Safety
The safety score is calculated based on the last five years of crash test ratings from the National Highway Traffic Safety Administration (NHTSA) and incorporates the latest Top Safety Pick information from the Insurance Institute for Highway Safety (IIHS).
