Study Reveals Which Used SUVs Keep Their Value Best After Three Years

Purchasing a vehicle brings excitement and satisfaction, but watching its value decline over time is far less enjoyable. While depreciation affects nearly every vehicle, some models maintain their worth significantly better than others in the resale market, primarily based on consumer demand and desirability.

Automotive analysts at Edmunds recently examined transaction records to determine which SUVs best preserve their financial value. They compared current selling prices of used 2023 model year SUVs against their original sticker prices, then ranked the top two performers in five different size segments. While these findings focus on 2023 models, they may also indicate smart purchasing decisions for 2026 vehicles.

In the subcompact category, the Toyota Corolla Cross stands out as an exceptionally practical and affordable option. This no-frills vehicle includes numerous standard safety technologies and provides impressive cargo capacity despite its compact dimensions. Though not particularly stylish, the Corolla Cross delivers outstanding financial value by maintaining 81.7% of its initial worth after three years.

The Honda HR-V follows closely behind, appealing to buyers seeking reliable daily transportation. Analysts highlighted the HR-V’s spacious interior and cargo capacity, though noted disappointment with its sluggish acceleration performance.

Within the small SUV segment, the Toyota RAV4 excels across fundamental categories. This comfortable and spacious vehicle offers multiple trim options to accommodate various price points. Outstanding safety ratings and exceptional fuel efficiency contribute to the RAV4 Hybrid achieving an impressive 81.4% value retention rate.

The Honda CR-V ranks second among small SUVs, earning praise for its smooth driving experience and user-friendly technology systems. Experts also highlighted the CR-V’s comfortable handling characteristics, generous cargo space, and excellent fuel economy available with its hybrid engine option.

The Toyota 4Runner commands fierce loyalty among buyers wanting genuine off-road capabilities and rugged styling. Built on the Tacoma truck platform, this midsize SUV continues appealing to traditional enthusiasts seeking authentic trail performance. The 4Runner leads all vehicles in this study by retaining an average of 83% of its value after three years.

For those desiring even more adventurous capabilities while maintaining strong resale value, the Ford Bronco offers compelling appeal. This vehicle combines nostalgic design elements with exceptional off-road performance and extensive customization possibilities.

The Toyota Highlander has remained a favored three-row family vehicle for over twenty years. The current generation continues delivering comfortable driving dynamics and outstanding fuel economy through its hybrid powertrain. While the third-row seating proves somewhat cramped, buyers appreciate the Highlander Hybrid’s solid 77% value retention after three years.

The Honda Pilot earns second place recognition for its reputation providing abundant passenger and cargo space for expanding families. Though its third-row accommodations exceed the Highlander’s, Honda currently doesn’t manufacture a hybrid Pilot variant.

The Toyota Sequoia attracts shoppers requiring maximum interior space and robust performance capabilities. Its hybrid powertrain delivers strong acceleration and passing power, even though fuel economy matches most non-hybrid competitors. An 80% residual value after three years provides confidence this large SUV won’t devastate your finances upon purchase.

Chevrolet’s Tahoe claims second position among large three-row SUVs for value retention. With its selection of powerful V8 engines plus a turbocharged diesel six-cylinder option, the Tahoe excels for heavy towing applications. The vehicle also incorporates Chevrolet’s newest technological features.

Any SUV represents a substantial financial commitment regardless of size. Understanding that your chosen vehicle will maintain its worth provides valuable reassurance for such a significant purchase.