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Top Ten Vehicles With Rising Resale Values

Kevin Ransom | AOL Autos
Jul, 09 2010

Ford Edge

Ford Edge
Resale Value Range: $12,615 to $17,140

The Edge has been a really well received vehicle, and though it’s been pretty popular all along, newer models have sold well. That can help pull up the resale value of earlier model years.

GMC Envoy and Chevrolet Trailblazer

Envoy
Resale Value Range: $11,905 to $15,055 (Envoy); $9,305 to $12,385 (Trailblazer)

Envoy and Trailblazer prices had dropped a fair amount when gas prices went up so high in 2008 because they’re truck-based SUVs that didn’t get great mileage. They got so cheap that they became a good buy on a used car lot, but now they’ve come back in price.

Chevrolet Equinox

Chevy Equinox
Resale Value Range: $8,880 to $11,675

The Equinox and other vehicles of its size and type, like the Ford Escape and Toyota RAV-4, have seen a surge in the marketplace. When the Equinox got redesigned for 2010, it just sold like gangbusters, so older ones have held their value as well.

Suzuki Reno

Suzuki Reno
Resale Value Range: $3,405 to $4,900

It’s a small vehicle, and of course small vehicles are more popular now because of their fuel efficiency. And it’s such an inexpensive car that its price didn’t have to change a huge amount for it to experience a nice increase this past quarter.

Dodge Durango

Durango
Resale Value Range: $11,030 to $13,990

Again, prices on this one dropped so much a couple of years ago when gas prices went so high. The Durango is bigger than some of the vehicles it got cross-shopped with, like the Ford Explorer and Chevy Trailblazer, so it’s got more cargo and seating area and greater towing capacity. It also competes well against vehicles like the Ford Expedition and Chevy Tahoe, because it’s cheaper.

Dodge Grand Caravan

Grand Caravan
Resale Value Range: $6,910 to $9,875

This is just such a versatile vehicle. It rides well, with good visibility and functionality, and you can take the seats out for cargo, or leave them in for the family. That makes this vintage of Grand Caravan, the last before Chrysler redesigned it for 2008, popular on used car lots right now.

Ford Explorer

Ford Explorer
Resale Value Range: $12,285 to $15,860

Some SUV’s have come back in price, as people have quit worrying about gas prices as much, and have begun looking for that functionality again. It’s going to be interesting to see how the new Explorer performs when it comes out in the fall. It will have better fuel economy, and it’s going to be built on a car chassis, but they’re still calling it an SUV, and they say it will still have considerable towing capability.

Dodge Charger

Dodge Charger
Resale Value Range: $9,260 to $12,025

The domestic car market came back pretty well this spring, and interest in this good-sized sedan seemed to go up about midway through the tax season. The Charger taps into Dodge’s muscle car heritage, and appeals to people largely for that reason.

Suzuki XL-7

Suzuki XL-7
Resale Value Range: $8,525 to $10,600

The versatility of the crossovers always made them pretty appealing, so after gas prices settled down, their popularity increased. This Suzuki is also popular now because of its low price.

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