11 SUVs With the Highest Resale Value in 2024

SAVING & SPENDING - HOME & AUTO
Choosing one of these vehicles might pay off when it’s time to sell.
Updated May 8, 2024
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An SUV can be a great choice if you need a vehicle that is bigger than a sedan. But before you buy, it’s important to know the model’s resale value.

If you want to get ahead financially when it’s time to sell, consider purchasing one of these SUVs that auto website Kelley Blue Book (KBB) says have the best resale value after five years.

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Acura RDX

Courtesy of Car and Driver car and driver acura rdx

Five-year resale value: 45.3%

The Acura RDX has plenty of standard features, which might appeal to buyers who want various options.

It’s also one of the better luxury compact SUVs on the market, according to KBB, and has a starting price of $41,550.

Porsche Cayenne

Courtesy of Car and Driver car and driver-porsche cayenne

Five-year resale value: 46.5%

The Porsche Cayenne is a great option for a luxury midsize SUV, but it’s also the second-most expensive SUV on this list.

The Cayenne has a starting price of $72,200.

Lincoln Aviator

Courtesy of Car and Driver car and driver-lincoln aviator

Five-year resale value: 46.5%

The Lincoln Aviator might be a good option if you need extra space, as the SUV includes three rows for passengers.

It also has some high-end touches that push it into the luxury market but has a lower starting price — $53,340 — than other competitors in that space.

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Volvo XC40

Courtesy of Car and Driver car and driver-volvo xc40

Five-year resale value: 49%

The Volvo XC40 is known for its safety features, according to KBB. That fact likely will appeal to buyers on the resale market.

The cost is relatively affordable too, at $36,350.

GMC Yukon

Courtesy of FinanceBuzz car and driver-gmc yukon

Five-year resale value: 49.3%

The GMC Yukon is another SUV on the list with three rows, making it a great option for families. You can fit up to eight people in its roomy interior.

The cost of the Yukon is $57,400.

Lexus LX

Courtesy of Car and Driver car and driver-lexus lx

Five-year resale value: 50%

The Lexus LX holds around half its value after five years, but it’s also the most expensive SUV on the list, which could be an issue if you’re on a budget.

Kelley Blue Book lists the starting price for a Lexus LX at a whopping $90,000.

Subaru Outback

Courtesy of Car and Driver car and driver-subaru outback

Five-year resale value: 57.8%

Kelley Blue Book describes the Subaru Outback as a “wagon-like SUV,” but it is considered a midsize SUV by the website.

This vehicle — which retails for an affordable $28,395 — could be a good resale option for a buyer looking for a more car-like SUV.

Hyundai Palisade

Courtesy of Car and Driver hyundai palisade

Five-year resale value: 59.7%

The 2023 Hyundai Palisade costs $35,550 and has a roomy interior for its three rows of seating.

It also earned a Top Safety Pick+ rating from the Insurance Institute for Highway Safety (IIHS), meaning it is among the best-rated vehicles for safety.

Subaru Forester

Courtesy of Car and Driver subaru forester

Five-year resale value: 60.6%

The Subaru Forester has several things going for it, including a Top Safety Pick+ rating from IIHS and a low price of just $26,395.

The SUV is also one of the vehicles on the KBB list with the lowest five-year cost-to-own — around $3,600 less than other vehicles in its segment.

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Subaru Crosstrek

Courtesy of Car and Driver subaru crosstrek

Five-year resale value: 61%

The Subaru Crosstrek is the cheapest SUV on this list, at $23,645.

The subcompact SUV could be an enticing option if you’re looking for a vehicle bigger than an SUV but are constrained by a tight budget.

Ford Bronco

Courtesy of Car and Driver ford bronco

Five-year resale value: 65.4%

The Ford Bronco has a more rugged interior that might appeal to resale buyers who want an SUV without the luxury bells and whistles.

And if you want to keep more money in your wallet, this also is an affordable option. It has a starting price of $34,095.

Bottom line

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SUVs can be great options if you need a little more space or want something a bit safer. Choosing the right SUV can make a big difference when it is time to sell.

These vehicles can be a bit more expensive than sedans, however. So, look for extra ways to save. For example, shopping around for the right insurance policy might lower your car costs.

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