Find SUVs That Surprisingly Retain Value Long-Term
Factors Influencing Value Retention
Several factors influence an SUV's ability to retain its value. Brand reputation plays a significant role; manufacturers known for reliability and quality tend to produce vehicles with better resale values. Additionally, market demand, fuel efficiency, and technological features can also impact depreciation rates. For instance, SUVs with advanced safety features and hybrid technology are increasingly in demand, which can positively affect their long-term value.