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Yahoo
03-06-2025
- Automotive
- Yahoo
5 New Luxury SUVs That Are a Good Investment for the Upper Class
Is it time to upgrade your SUV? Whether you've received a promotion at work, need a larger vehicle or simply want that new car feel, choosing the right luxury SUV can be difficult. After all, you want to be sure your hard-earned money is being put to good use. Trending Now: For You: Below, we'll cover new luxury SUVs that are a good investment for the upper class. The Lincoln Corsair is a mid-size SUV with all the bells and whistles you could want. The upgrade opportunities are endless, from a hybrid option and hands-free driving modes to fog lamps and a 14-speaker Revel stereo system. The 2025 Lincoln Corsair starts at $40,980, according to Car and Driver. However, pricing can get up to $48,135, depending on the upgrades and features you choose. Check Out: 'The Corsair is one of the most reliable luxury SUVs on the market,' said Melanie Musson, auto industry expert with 'When you spend the money on a luxury car, you should be able to depend on it for problem-free service for years. The Corsair is fun to drive thanks to the powerful engine. It's loaded with safety features and cargo space.' The Mercedes-Maybach GLS 600 is the ultimate luxury SUV. This vehicle is based on the Benz GLS class but has high-end features. The interior of the Maybach GLS 600 is top-of-the-line, featuring premium Nappa leather and Manufaktur Signature paints. In addition, the GLS has different upgrade features, like an optional third row, driver-assistance features and lane-centering features. Pricing for the 2025 Maybach GLS 600 starts at $179,600 and can reach as high as $205,200, according to Car and Driver. 'It's powerful and refined and full of luxury niceties — massage seats and real wood trim included,' said Alex Black, chief marketing officer at EpicVIN. 'If you desire full-size size and top-of-the-line amenities, this SUV delivers. And also retains value better than you might suspect.' The 2025 Lexus GX is the perfect vehicle for adventurers. With off-road capabilities, a high towing capacity and a twin-turbo V-6 engine, the Lexus GX can take you places you never imagined. Pairing these high-end features with luxury finishes, like a customizable interior, and the Lexus GX might be your new luxury SUV purchase. The 2025 Lexus GX base model starts at $65,285, according to Car and Driver. 'If you're looking for a luxury SUV that is rugged enough to take you off-road for an adventure, it's hard to find a better option than the GX,' Musson said. 'With the Overtrail trim package, your off-roading adventure may feel as smooth as a drive down the paved road. The towing capacity will enable you to bring a trailer so you can pack all your gear, or even a small camper.' Like the Maybach GLS 600, the BMW XM is another luxury SUV to consider. The BMW XM has an EV option, plush furnishings and a sleek exterior. BMW's Driving Assistance Professional Package comes in all XM models, allowing for hands-free driving and eye-activated lane change features. If you want an exclusive XM, the XM Kith is being offered in limited numbers as part of a collaboration with Kith, a New York fashion brand. The BMW XM price starts at $161,675 and can reach $200,175, according to Car and Driver. 'Daring choice, but if you're after performance and uniqueness, this is it,' Black said. 'Plug-in hybrid boasting over 700 horsepower and looks that command attention. It's not for the general populace, not really, but that's sort of the idea. Affluent shoppers who desire a little uniqueness will love it.' The 2025 Range Rover Autobiography combines luxury with practicality. The V-8 engine comes with a plug-in option and a hybrid powertrain. The Autobiography has a 1600-watt stereo system with headrest-mounted speakers and active noise cancellation. This model also gives you an optional third row for traveling with a large family. Base pricing starts at $109,725 and can reach $210,825, depending on your trim and add-on options, according to Car and Driver. More From GOBankingRates 10 Cars That Outlast the Average Vehicle Warren Buffett: 10 Things Poor People Waste Money On This article originally appeared on 5 New Luxury SUVs That Are a Good Investment for the Upper Class Sign in to access your portfolio
Yahoo
15-02-2025
- Automotive
- Yahoo
5 2024 Model SUVs With the Best Trade-In Values
Car companies roll out a new line of models each year, making last year's offerings a thing of the past. This includes sports utility vehicles (SUVs) designed to endure the roughest rides and most formidable terrains. And though they can be hard on the budget, some of them retain value and can be traded in for an upgrade to reduce the purchase price of your next vehicle. For You: Try This: 4 Low-Risk Ways To Build Your Savings in 2025 If you bought one of these 2024 model SUVs and want to upgrade this year, you should get a stellar trade-in price in 2025. Trade-In Range: $25,000 to $40,000 Alex Black, chief marketing officer at EpicVIN, said, 'I think Hyundai has upgraded its position in terms of technology and looks.' The Palisade has a 52.6% 5-year resale value and, in Black's words, 'competes with high-end brands but at a reduced price tag.' Explore More: Trade-In Range: $29,000 to 30,000 According to Melanie Musson, an auto industry expert with the Wrangler isn't as reliable and durable as other SUVs that keep their value, but it has a different characteristic: popularity. 'Americans love Wranglers,' Musson said. 'They're tough, built for off-roading and, whether or not they're used off-road, knowing that they can handle tough terrain makes them attractive. Over five years, a Wrangler will lose about 33% of its original value, making it one of the best cars to trade in.' Trade-In Range: $29,000 to 30,000 In Musson's professional opinion, the CR-V is dependable, requires minimal maintenance and lasts years. 'Because a used CR-V can provide just as many years of reliable service as some new cars, the trade-in value is high,' said Musson, noting that it depreciates about 33% by the time it's five years old. 'A 2024 CR-V will typically trade for about $30,000. Higher trim levels will trade higher, and lower-end trims will trade lower,' she explained. Trade-In Range: $37,000 to $40,000 'The 4Runner is one of the most reliable vehicles on the road,' said Musson, adding that it's also one of the longest-lasting. 'When you combine those two factors, you get a vehicle that retains its value,' Musson continued. 'Over five years, 4Runners lose less than 40% of their value. In two years, you can expect to be able to trade in a 4Runner for about 80% of what it costs new.' Musson added that the 'trade-in value of a 2024 4Runner will usually be just a few thousand dollars less than it was new. A base model will often be valued at close to $37,000. Most models have a higher-level trim package and will go for over $40,000.' Trade-In Range: $30,000 to $45,000 According to Black, the 2024 Ford Bronco has a 66.7% 5-year resale value, depending on trim and mileage. 'The Bronco is in demand, with its off-road capabilities and loyal fan base driving demand,' he said. 'Ford keeps its rough and ageless looks.' More From GOBankingRates Here's the Minimum Salary Required To Be Considered Upper-Middle Class in 2025 How Much Would I Save if I Cut My Credit Card Interest to Low APR for a Year? 4 Low-Risk Ways To Build Your Savings in 2025 This article originally appeared on 5 2024 Model SUVs With the Best Trade-In Values
Yahoo
26-01-2025
- Automotive
- Yahoo
3 Hybrid Vehicles Retirees Should Avoid In 2025 That Won't Even Last 10 Years
Buying a hybrid vehicle is often a very smart choice for numerous reasons: save money on gas, lower your carbon footprint and usually get some of the latest technology available in automobiles. That said, some hybrid vehicles come better equipped with others for longevity. That's important to a specific group of drivers: retirees. Retirees, often, find themselves living on a fixed income after leaving the workforce. When buying a new car, hybrid or not, they want to make sure it will get them many miles down the road so they do not have to shell out money in the future. See More: Check Out: 4 Low-Risk Ways To Build Your Savings in 2025 'Hybrid vehicles manufactured in 2025 will make it until 2026,' said Melanie Musson, auto industry expert with 'New cars have warranties and even the worst warranties in the business will cover a vehicle for over a year. However, even if they last longer than a year, there are some hybrids you should avoid.' With that in mind, Musson said these are the hybrid vehicles retirees should not buy. If you are a retiree in the market for a hybrid car, the Chrysler Pacifica Hybrid is one you will want to stay away from purchasing due to its reputation for problems, according to Musson. 'They're likely to have electrical problems that impact how the engine performs,' Musson explained. 'Sometimes, these electrical connection problems result in engine shutdowns. The battery that enables the hybrid status tends to fail before it should and without that battery, fuel efficiency will be poor.' So if you are hoping to get 10 years out of your hybrid vehicle, then the Chrysler Pacifica Hybrid is not the car for you. Discover Next: Retirement is often a moment where, despite being locked into a fixed income, you can splurge on things you've always wanted to buy. Land Rovers are chic, stylish and youthful, but the Land Rover Range Rover Hybrid could definitely be considered a clunker. 'Range Rovers are one of the worst buys for your money on the market today and the hybrid model has the potential to have even more problems than the standard model,' Musson said. 'The charging system is prone to failure, making the hybrid capability completely useless,' she added. 'Additionally, the electric operating system and the ICE system have communication problems that lead to engine glitches.' Mazda has some great cars on the market, but the CX-50 hybrid model is not one of them. 'The CX-50 Hybrid struggles with acceleration, making the ride frustrating when trying to merge, climb hills and get going from a stop,' Musson explained. 'Because of the extra weight from the hybrid components, the suspension and axles experience more rapid wear,' Musson added. 'The CX-50 is also prone to transmission problems that can put a quick stop to a vehicle's service.' If you are a retiree who is hoping to have your hybrid vehicle running from now to 2026, pass on buying the Mazda CX-50. More From GOBankingRates 4 Subtly Genius Moves All Wealthy People Make With Their Money 4 Unusual Ways To Make Extra Money That Actually Work This article originally appeared on 3 Hybrid Vehicles Retirees Should Avoid In 2025 That Won't Even Last 10 Years
Yahoo
26-01-2025
- Automotive
- Yahoo
3 Hybrid Vehicles Retirees Should Avoid In 2025 That Won't Even Last 10 Years
Buying a hybrid vehicle is often a very smart choice for numerous reasons: save money on gas, lower your carbon footprint and usually get some of the latest technology available in automobiles. That said, some hybrid vehicles come better equipped with others for longevity. That's important to a specific group of drivers: retirees. Retirees, often, find themselves living on a fixed income after leaving the workforce. When buying a new car, hybrid or not, they want to make sure it will get them many miles down the road so they do not have to shell out money in the future. See More: Check Out: 4 Low-Risk Ways To Build Your Savings in 2025 'Hybrid vehicles manufactured in 2025 will make it until 2026,' said Melanie Musson, auto industry expert with 'New cars have warranties and even the worst warranties in the business will cover a vehicle for over a year. However, even if they last longer than a year, there are some hybrids you should avoid.' With that in mind, Musson said these are the hybrid vehicles retirees should not buy. If you are a retiree in the market for a hybrid car, the Chrysler Pacifica Hybrid is one you will want to stay away from purchasing due to its reputation for problems, according to Musson. 'They're likely to have electrical problems that impact how the engine performs,' Musson explained. 'Sometimes, these electrical connection problems result in engine shutdowns. The battery that enables the hybrid status tends to fail before it should and without that battery, fuel efficiency will be poor.' So if you are hoping to get 10 years out of your hybrid vehicle, then the Chrysler Pacifica Hybrid is not the car for you. Discover Next: Retirement is often a moment where, despite being locked into a fixed income, you can splurge on things you've always wanted to buy. Land Rovers are chic, stylish and youthful, but the Land Rover Range Rover Hybrid could definitely be considered a clunker. 'Range Rovers are one of the worst buys for your money on the market today and the hybrid model has the potential to have even more problems than the standard model,' Musson said. 'The charging system is prone to failure, making the hybrid capability completely useless,' she added. 'Additionally, the electric operating system and the ICE system have communication problems that lead to engine glitches.' Mazda has some great cars on the market, but the CX-50 hybrid model is not one of them. 'The CX-50 Hybrid struggles with acceleration, making the ride frustrating when trying to merge, climb hills and get going from a stop,' Musson explained. 'Because of the extra weight from the hybrid components, the suspension and axles experience more rapid wear,' Musson added. 'The CX-50 is also prone to transmission problems that can put a quick stop to a vehicle's service.' If you are a retiree who is hoping to have your hybrid vehicle running from now to 2026, pass on buying the Mazda CX-50. More From GOBankingRates 4 Subtly Genius Moves All Wealthy People Make With Their Money 4 Unusual Ways To Make Extra Money That Actually Work This article originally appeared on 3 Hybrid Vehicles Retirees Should Avoid In 2025 That Won't Even Last 10 Years
