Predicted Resale Value after 5 Years of Ownership: 37.9%
Among midsize luxury SUVs, the 2020 Lexus GX repeats as having the highest retained value, delivering durability, reliability and low-cost operation in the process. This body-on-frame 3-row SUV boasts V8 power which is key to its stellar towing and off-road capabilities.
While the GX has the underpinnings of a rugged truck, it offers upscale cabin appointments and features that make this 7-passenger vehicle equally at home out on the trail or in valet parking at an exclusive club. Outside this comfortable cabin, the GX sports a look that is unmistakably tied to its roots, it’s a strong, slab-sided SUV with an aggressive face thanks to the spindle-shaped grille used on all of the offering from Lexus.
Competing against a tough set of luxury rivals, the GX 460 delivers tremendous value, starting with a much lower base price of $53,000. Even at that MSRP, buyers will enjoy a long list of standard equipment, including a power moonroof, wood trim, 10-way power seats, dual-zone climate controls and power tilt/telescope steering column. The mid Premium trim adds leather upholstery, tri-zone climate control and Mahogany accents, all of which deliver value in the secondhand market. Even fully loaded Luxury models, which boasts things like captain’s chair second row seating, adaptive suspension, premium audio and a power third row is a relative bargain costing in the mid-$60,000 range.
Lexus has long had a reputation for high resale value. It and parent company Toyota are known for building high-quality products that last. Part of the reason why the GX is able to retain value is that owners tend to hang onto their vehicles for a long time. In any case, the GX’s reputation for performance and value should put it high on your shopping list for luxury 3-row SUVs, whether you’re considering a new one or a Certified Pre-Owned unit.
More 2020 Lexus GX
Build and price your own 2020 Lexus GX to see this week’s Fair Purchase Price, 5-Year Cost to Own and more, or check out the GX models for sale today at dealers near you.
You can also see more luxury SUVs or check out the full list of this year’s Best Resale Value Awards winners.
2nd Place: 2020 Lincoln Aviator
Predicted resale value after 5 years of ownership: 35.5% of original sticker price
New to the segment, the 2020 Lincoln Aviator not only delivers high style and a variety of powertrains including a plug-in hybrid, but also has high resale value as a feather in its cap. Learn more about the Aviator or find one for sale near you
3rd Place: 2020 BMW X7
Predicted resale value after 5 years of ownership: 33.8% of original sticker price
Another relative newcomer, the BMW X7 is the German automaker’s first foray into the luxury 3-row SUV segment. In addition to adding more passengers, the X7 also impresses with its retained value. Learn more about the X7 or find one for sale near you