Buick Enclave
The Enclave, which is a version of General Motors’ Buick brand, isn’t the most intelligent purchase if you’re searching for a family hauler with decent resale value. Especially the newest 2021 model, according to forecasts, it will retain 42.1 percent of its original value after five years, which isn’t terrible but is well below average.
A number of things contribute to the Enclave’s value drop. One is that it’s a very popular vehicle, so there are a lot of them on the market. That increases competition and drives down prices. Additionally, like most SUVs, the Enclave has high depreciation and fuel costs. So, if you’re looking for an SUV with a good resale value, the Buick Enclave might not be your best bet.
Ford Ecosport
The Ford Ecosport is one of the most affordable SUVs on the market. It’s also one of the smallest, which makes it a good choice for city driving. However, because it’s so small, there isn’t a lot of room for cargo or passengers. The Ecosport also has a low resale value.
The sluggish acceleration and less-refined 4-cylinder engine are two of the reasons for this. The engine is restricted by a weak power supply, which is seen to be worse than those in the EcoSport’s rivals. Despite its short wheelbase, this Ford has a harsh ride and nervous handling due to its compact size. It’s also rather cramped, which deters buyers who want an SUV for extra space and drives the resale value down.
Lincoln Navigator
The Lincoln Navigator is a large SUV that was first introduced in 1998. It’s been through several redesigns over the years, and the most recent one was in 2018. Even though it’s been updated, the Navigator still has some problems that keep its resale value low. One of those problems is its fuel economy.
It is estimated that the new Navigator gets just 16 miles per gallon in the city and 21 on the highway. That’s not great for an SUV, especially one that’s as big as the Navigator. Additionally, the Navigator has a starting price of over $60,000, which is quite a bit more than most SUVs and almost guarantees a larger depreciation in value. So, even though it’s a luxurious SUV, some of the downsides create issues when trying to resell it.
Conclusion
When you’re looking for an SUV, it’s important to keep in mind the resale value. Some SUVs, like the ones on this list, have a higher depreciation rate than others. Some things to keep in mind that affect resale value are the make and model of the SUV, how popular it is, its fuel economy, and any known problems or recalls. So, if you’re looking for an SUV with a good resale value, be sure to do your research before making your purchase it can save you a bunch of money in the long run!
