Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Prestige SUVs are best at holding on to value

Tuesday 08 February 2005 01:02 GMT
Comments

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.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in