Some new 2023 luxury SUVs are likely to have high resale values. Luxury stocks have been rampant since the pandemic. Supply chain issues and production delays have meant fewer new models hit the market. Prices have gone up accordingly. While we may be past the peak of the used luxury SUV price boom, many models continue to command top dollar.
From compact crossovers to off-roaders, he looked ahead to predict some 2023 luxury SUVs that will hold more than their value.
despite the circumstances. Kelley Blue Book estimates that some are more likely to do the same.
No 2023 luxury SUV breaks the overall resale value top ten
The Kelley Blue Book report identifies the models with the highest resale value in each vehicle segment. However, that doesn’t mean they all rank in the top 10 overall.
No luxury SUV is among the . Only one model (Lexus LX) breaks the 50 percent value retention mark. Overall, the SUVs with the best resale value are off-road vehicles like the Ford Bronco and Toyota 4Runner.
Will these models hold their value?
Kelley Blue Book offers resale value predictions based on available data such as past performance, current market conditions, model demand, etc. While the projections are based on fact, they are just predictions. It’s impossible to say precisely how well an individual vehicle will hold its value. However, drivers who choose one of these luxury SUVs can feel confident in their investment.
