These 10 SUVs have the best resale value in South Africa

Vehicle evaluation group, True Price, has published new data showing the SUVs that have the best resale value in South Africa.

The group’s data is gathered from thousands of vehicles sold on auction around the country.

Darryl Jacobson, MD of True Price, said that SUVs are incredibly popular among South African motorists and are often snapped up on auction.

“Globally, SUVs are selling like hotcakes,” he said. This is the one sector of the motor industry that is truly on fire. We are seeing exactly the same happening in the auction arena here in South Africa. SUVs are highly sought-after and, assuming they’re in good condition, they are being snapped up on auction.”

Jacobson stressed that resale value is an essential consideration when buying a new car.

“Depreciation is one of the new car buyer’s greatest expenses. It is absolutely vital to take resale value into consideration before signing on the dotted line,” he said.

Below is a list of the 10 SUVs with the best resale value and how much they cost to buy new.

Hyundai Creta – from R354,900

Mazda CX-3 – from R299,400

Toyota Land Cruiser – from R1,042,300

Toyota Fortuner – from R477,600

Volkswagen Tiguan – from R442,900

Toyota RAV4 – from R416,400

Hyundai Tucson – from R419,900

Mercedes-Benz GL – from N/A

Ford EcoSport – from R258,200

Jeep Wrangler – from R658,900

Read: These 10 cars have the best resale value in South Africa

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These 10 SUVs have the best resale value in South Africa