Prestige SUVs are best at holding on to value

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Indy Lifestyle Online
Love 'em or loath 'em, according to the latest analysis by Glass's, the residual values of prestige Sports Utility Vehicles (SUVs) continue to outperform the wider used car market, despite recent increases in availability. Although many of these vehicles have experienced modest falls in their residual values over the past year, key models such as the BMW X5, Lexus RX300, Porsche Cayenne (above) and Volvo XC90 all still retain over 80 per cent of their original cost (as a

trade value) after a year and 12,000 miles. "Registrations of prestige SUVs have more than doubled since 2001, and manufacturers continue to produce new models in response to high levels of demand," explains Richard Crosthwaite, Prestige Car Editor at Glass's.

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