The SUV is making a strong comeback on the roads and indeed off road in the UK. For many years, it did of course fall from grace for being a bit of a gas-guzzler that was more often than not rarely used to its full capabilities.
However, these days we are seeing many more fuel-efficient designs, which are suited to both the road and off road driving without compromising the least bit of style, comfort or performance.
As well as being very versatile, the SUV does tend to hold its value well. This, of course, means that you can generally expect a good second hand price for your vehicle or a healthy valuation if you decide to use it as collateral for one of the many cheap logbook loans available.
Understanding used values of vehicles can save you quite a bit of money when it comes to upgrading or changing to a newer model. To help with this valuation process, we have put together a short list of top value holding SUVs.
1. The Land Rover Discovery 4
This particular model is of course, Land Rover’s flagship model and boasts some of the most technologically advanced all terrain response units on the market. With its high quality leather interior and state of the art on board gadgets, it is also firmly in the luxury vehicle bracket. These SUVs hold their price well, as the demand for these particular models is always high. For models later than 2010, you can expect £25.000 and upwards as used value.
2. Porsche Cayenne
Being designed an built by one of the most respected sports car manufactures in the world, the Porsche Cayenne certainly does not disappoint. It may lack some of the off road capabilities of the Range Rover or Land Rover, but its road handling is second to none. Fast and responsive this SUV feels more like a sports car than a SUV. Second hand value for a 2006 model is around £10.000 with turbo models from 2010 and onwards often reaching £60.000 and more.
3. Mercedes ML63 AMG 2010
The range-topping model of the Mercedes M class is the ML63 AMG. This SUV really packs a punch. With its 5.5-litre V8 engine and it sporty aerodynamic looks, this model is firmly in the top ten sports luxury SUVs available on the market today. If you are looking to use one of these as collateral or sell on the second hand market, a 2010 model would be worth something the region of £40.000.
4. BMW X5
The BMW X5 is one of the classic modern SUVs. It’s very spacious and has a number of engine options to suit everyone’s requirements. It has the seating capacity for carrying five people very comfortably and has a large spacious boot. The 3-litre in-line six cylinder is the popular choice and will get you from 0-60mph in just over seven seconds, not bad for a veteran of the SUV world. A 2010 model would be worth £30.000 and upwards.
5. VW Touareg
The VW Touareg has everything you would expect from a leading car manufacturer like Volkswagen. This is one of the most fuel efficient of performance SUVs on the market, promising nearly 40mpg. It also comes with manmade leather interiors, climate control and DAB radio on all of the standard models. All models are equipped with an 8-gear Tiptronic automatic gearbox and have the towing capacity of 3.500kg. All in all, a great SUV for most families and off road weekend warriors. A 2010 V6 TDI model would be worth somewhere in the region of about £15.000.
6. Jeep Grand Cherokee
The Jeep Grand Cherokee is another favourite SUV classic for many people. With its sporty lines and V8 engine, it’s very easy to see why. The newest version is the 2012 and it offers everything you would expect and more from this tried and tested 4×4 design. Plenty of room and perfect for some serious off road adventures. The 2010 should fetch around £15.000.
A Sports SUV is one of the most versatile and fun vehicles you could ever hope to own, and with their great used value, also one of the best to sell.