THE best SUV in the countryin terms of resale value is the Hyundai Creta.
This is according to Darryl Jacobson, managing director of True Price, who attend all major bank repossession auctions in Gauteng to gather data on vehicle sales.
They have produced a top 10 based on actual prices achieved on auction. The figures pertain to the percentage of original selling price that has been achieved on auction.
1 Hyundai Creta
The Hyundai Creta, which was refreshed in the third quarter of 2018, is a trendy and stylish compact SUV that is always a firm favourite amongst both private and trade buyers at auctions. It is extremely well appointed, boasting some great features, such as a touchscreen infotainment system and Bluetooth.
2 Mazda CX-3
The Mazda CX-3 is a stylish small SUV, which is a hit thanks to the gorgeous styling and innovative technology. Resale value, as a result, is uniformly strong.
3 Toyota Land Cruiser
This is apparently the one vehicle that always attracts attention on auction, irrespective of the kilometres clocked or condition of the vehicle. It is a genuine 4x4 too, which is enormously capable off-road. Couple all this with Toyota’s exceptional reputation and you have a real winner here.
4 Toyota Fortuner
The second Toyota in the top 10, the excellent resale value of this vehicle is testament to the power of the Toyota brand – yet again. t was the sixth most popular new passenger vehicle last month, clocking up a whopping 954 sales in the month of March.
5 Volkswagen Tiguan
A seven-seater version of the popular Tiguan was launched in the second quarter of 2018, and this has only served to further entrench the popularity of this superbly engineered SUV.
6 Toyota RAV4
The third Toyota on the list of top 10 SUVs, the RAV4 is compact yet spacious, safe but great fun to drive, good looking yet very capable. This is reflecting in substantial new car sales (715 last month, making it the 10th most popular passenger car in South Africa) and strong demand in the used car market too.
7 Hyundai Tucson
The second Hyundai in the top 10, the Tucson is really popular and South Africans have remained loyal to this SUV. Its low running costs and superb seven-year/200 000 km warranty seal the deal.
8 Mercedes-Benz GL
Clocking in at position number eighth are the Mercedes-Benz models in the GL family: namely the GLA, GLC, GLE and GLS. These vehicles are often seen on auction, and bidding is according to True Price always keen.
9 Ford EcoSport
Compact, good looking and well-priced, the Ford EcoSport is much loved by both new and used car buyers in South Africa. It was the seventh most popular passenger car in South Africa last month, recording 868 new vehicle sales.
10 Jeep Wrangler
The Wrangler has always been an immensely capable off-road vehicle. The latest model is good on road, its interior is more refined than before, and it is surprisingly quiet too.