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The Best Deals on Used SUVs

May 17, 2012

This week, Consumer Reports took a look at late-model used SUVs to determine which ones offer the best deals.

The biggest benefit of buying a used vehicle is the savings. Vehicles tend to depreciate the most during the first few years of ownership.

Consumer Reports looked at 2007-2008 model year SUVs and picked the ones that scored well in their tests, had at least average reliability, and scored well in crash tests.

The models listed have dropped in value between 21% and 45% when compared to the original MSRP. If you're considering buying one of these, make sure to get the vehicle inspected by an independent mechanic before doing so.

VehicleMSRP (new) Avg. Asking PriceSavings
2007 Kia Sportage18,89511,15041%
2008 Kia Sportage19,04512,82533%
2007 Mitsubishi Outlander23,77013,15045%
2008 Hyundai Tucson19,52013,27532%
2007 Hyundai Tucson22,49513,80039%
2007 Honda CR-V20,60014,20031%
2008 Mitsubishi Outlander23,33014,65037%
2007 Toyota RAV422,98515,57532%
2008 Honda CR-V20,70015,70024%
2008 Nissan Rogue20,45015,75023%
2007 Honda Pilot28,39515,77544%
2008 Honda Pilot27,57516,42540%
2007 Toyota Highlander28,96517,07541%
2008 Subaru Forester22,49517,82521%
2007 Mazda CX-929,03517,87538%
2008 Toyota RAV424,68518,07527%
2007 Subaru Forester28,69519,65032%
2007 Acura RDX32,99522,37532%
2008 Acura RDX33,19523,70029%
2008 Toyota Highlander31,40024,22523%
2008 Infiniti FX3538,05025,47533%
2008 Lexus RX 400h42,08032,32523%

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TrueCar and Edmunds Price Promise are the quickest way to see the lowest prices available on new cars in your area. Both tools provide upfront prices from local dealers, and the deals are usually really good. It should be the first step you take when negotiating car prices. You should follow that up with my checklist to make sure you get the best possible deal.
- Gregg Fidan

Gregg Fidan

About: Gregg Fidan

Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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