8 Awesome Luxury SUVs That Depreciated HARD
When you buy a NEW car, you're basically just throwing money away!
Because - DEPRECIATION! And these 8 LUXURY SUVs prove it.
From a Range Rover to an Infiniti! A Model X to an XC90
Which ones lost the most as a percentage?
Which one is worth 50 THOUSAND DOLLARS less than when it was new?
Which one surprised us the most?
Keep watching and find out, welcome to Idealist
Let’s GO!
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00:00 Introduction
00:26 Land Rover Range Rover
02:01 Infiniti QX80
03:21 Bentley Bentayga
04:28 Tesla Model X
05:24 Volvo XC90
06:35 Cadillac Escalade
07:42 BMW X6 M
08:47 Mercedes-Benz GLS
09:40 Acura MDX
Some of the vehicles you showed had over 120k miles on them so that's not really a fair representation of the average rate of depreciation.
I bought a 5.0SC Autobiography at 1/3 MSRP with only 40k miles and at 80k miles you’ll get the « usual » issues that cars will have and obviously it’ll cost more expensive than a 60k MSRP car but it’s still cheaper than most German brands to repair and maintain. They chose to show a diesel model with 120k miles which is obviously an awful financial decision 😂 You miss out on the V8 pleasure, still have the luxury costs and have a car that’s going to have constant high mileage issues… But he is right saying that they depreciate like crazy!
Problem is the moment any big ytb talks about them, next 3 days they go up 3k in price, it's really crazy.
I noticed that exact thing
Like the 90s Lexus ls400
@@jamalmac9328 not gon lie tho that vehicle is such a beauty to behold .
cuz fools start buying after watching
Why do all the car examples used as "cheap" car prices not point out the fact they have super high mileage? Thats like like the #1 reason a "deal" was found...
I was screaming the same thing every time.
This dudes video deserves a 👎. No one wants a $150k car with 125k miles...
Exactly, this video is so dumb
It's important to buy cars when interest rates and prices are low. My financial advisor also gave me the same advice. When rates and prices are low, it can save you money on financing and make the overall cost more affordable.
My financial advisor advises buying cars when interest rates and prices are low. However, he also cautions against it right now due to the hidden costs of car ownership, like insurance and maintenance. He helps me plan for these expenses and manages my portfolio to ensure financial stability. It's all about making strategic decisions and having a well-rounded financial plan.
Having a well-diversified portfolio is essential for financial success. A financial advisor can provide expert guidance, minimize risks, and offer insights on profitable investments. They bring experience and expertise, ensuring your portfolio is optimized for success. It's like having a trusted ally by your side, helping you achieve your financial goals..
Please how can I reach out to your advisor, if you don't mind me asking?
My Financial Advisor is Samuel Peter Descovich. I found him on a CNBC interview where he was featured and reached out to him afterwards. He has since provide entry and exit points on the securities I focus on. You can run a quick online research with his name if you care for supervision. I basically follow his market moves and haven't regretted doing so.
Thank you, i pasted his name on my browser and his portfolio came up. Just wrote to him and waiting for reply.
Those prices aren’t just from depreciation, it’s also factored in that most of those car prices had over 100k miles on it. No shit it’s gonna depreciate when it’s been driven for that long 🤯
Just picked up a second generation MDX for a little over 10K. Its one of the best SUVs I've driven.
Nice
I highly recommend MdX 2011 with SH-AWD, amazing SUV, plenty of power 300HP and torque vectoring kick ass. My car has 110k miles and no issue.
I am currently having to replace new tires, shocks and i should be good for a good while. Since i did my 100K mikes tune up, belts, radiator flush and water pump replacement. Most people i know have same year car with 150K miles and basic maintenance. The advance model has an issue with the adaptive dampers, to replace them it’s ridiculously expensive. I have the base model, we use the car for long drives with the family
Try driving and owning for a few years, then come back.
@@derekhayter4879 you're absolutely right, that's the true test.
Well of course they lost so much value they all have way over 100k miles on it. It's still a lot of money for some with 150k miles on it. Rather wait for them to lose another 30 percent by December
Its not about how much they cost to buy, it's how much they cost to run. Not everybody is careful with their luxury cars either since, people who have big money usually use them s we would use our regular grocery-getters. It's a BIG risk.
Don't forget about insurance too. Insurances for sporty vehicles like the X6M can be costly.
Quality relatable content
While others are puzzled about what ev’s to buy and where do I charge it? I’m able to buy a tried and true luxury suv at heavily discounted prices. Gonna take this shopping list and buy something special for a fall road-trip.
Not considering mileage is insane
Exactly, almost every example had well over 130k miles 😭😭
Surprised X5 is not on the list
X6M has amazing performance for an SUV 👌
I was always a fan of the MDX.. Gorgeous Suv, looks classy and no need to empty your bank account to roll I style. But my choice is the X6M. I barely see them on the roads and they look sick.
The saving grace for the QX80 is how comfortable they are on the inside. They may not look great, but damn are they nice to sit in. I don’t own one, but I used to take pics at dealerships and if there was a QX80 on the list I’d save it till the end of the day so I could rest a little in it.
I really like how the modern QX80 and Armada, it's a nice square vehicle, especially now that the full size Land Cruiser is gone. The bumpers on the QX aren't great for off-roading, but that's not really the point I suppose.
I have a QX60 and the one catch depending on the years is that they have ZERO combability with Android phones
The volvo supriesed me couse my father has a volvo v70 with the 1.6 TDI, with 303,000km (188.275 miles), and its value has dropped only one thousandth from the initial price we got it 7 years ago for €18,000
That Infinity needs the headlights to be bigger. That would help alot!
I recently got a low mileage glc63s for 50k. It's an awesome SUV, it was the fastest SUV around the Nurburgring at one point (still #3) and rides much smoother than the x3m and has a better sounding engine.
The X3 is not comparable to GLC you need the x4
@drew8324 I understand the X4 is the coupe (like the glc 63s). Honestly, I just ended up with the coupe (s) instead of the non coupe (glc 63 non s) because I found one for a great deal. I test drove them all. Mercedes has a better interior, better speakers (Burmeister), and the twin-turbo V8 (better-sounding engine). BMW seems more track-focused but we're talking about an SUV here. My experience with Mercedes dealers is they give you much better treatment. Free car washes very polite it's just a higher-quality customer service. Also really cool about Mercedes is they devalue so hard. Pick up a used Mercedes that's 3-4 years old and you can find them for 50-75% off sticker. I have fallen in love with this brand.
@drew8324 The driving dynamics between the X3 and X4 are the same: same drivetrain, same suspension. One just has a slightly lower center of gravity
Volvo’s saving grace is the fact that you can get them CPO with a 10 yr unlimited mile warranty.
I had the leather dash completely fail in my 2018 S90. $6k repair. I sold it before it was too bad.
Can u do a 🎥on the best suv w/t gas mileage?
You sir are a lifesaver!
People buying luxury SUVs never consider the depreciation! Go for something like Toyota or Honda when you think depreciation is a thing.
The qx 80 is the best lookin suv on the road its not a ugly truck
With RR, the diesels are the ones with the crazy problems, but he is correct, they drive amazing but many small problems.
MDX is very popular in NYC.
Cadillac Escalades are always for sale at reasonable prices I wouldn’t ever buy one new! You can buy 4 used for the price of one new.
The MDX did surprise me, not the others
I’ve been around several Land Rovers and I can say with confidence that I’ll never waste my money on on. There’s nothing there to justify owning one
People comparing the prices of juice and gas but if it comes to a car it‘s normal to buy a new one with plenty of extras
Those high mileage would keep me away even at 40-60% off. I've only had one new car in my life and that was my first car right out of college. If I have to have a car, then I buy preowned. We bought a used Lexus RX for $10,000. And one year later we sold it for....drum roll please... $10,000. Get a good used car at a great price and you can prevent pissing most of your hard earned money away. Maybe you can do a video on the depreciation % of quality used cars. Thanks.
What about the Cayenne??
Buying an old premium car or SUV seems like a really bad idea. If you can't afford a $500 battery or $3,000 brake job, the car will be in the garage more than on the street.
I know this is unrelated, but can you recommend cars or SUVs for tall people please?
How tall are you? Cuz I'm 6'3 250 (which I get isn't really "tall" 😅) and I love my mini cooper countryman. Surprisingly lots of room and isn't a giant ass car haha. Or my ford taurus sho! Big ass sedan, 365hp awd with everything lux u can think of haha and I still have tons of room to scoot my seat back. And my buddy( 6'5 300+) can fit in the back seat comfortably 🤷♂️ just acouple suggestions I have haha. My buddy drives a ls400 and lx470 lexus' for his big boy cars haha
You forgot to mention the lx570
One common theme I see here is the expected reliability you’re going to have to pay for contributing to the decline in depreciation……(this excuses the QX80, which is decently reliable)
These cars may have considerably depreciated after five years, but more than the price, what will be the service costs? How much does it cost to service a Bentley after five years of wear and tear and maybe needing major repairs?
You will never see a lexus in this list and thats a VERY good thing. Reliability is king baby.
The milage on all the example do not justify the costs. I can’t fathom spending 30k for a car with 100k miles, I’d rather get a new economy car with warranty.
I'll take the MDX 3rd Gen. It's a beautifully refined SUV with all the luxuries. Reliable and easy to maintained. Super-Handlings AWD. And ..and ...3rd Row Seating!!! Best value for the money!
Same! I’m trying to understand why he said no one talks about the MDX positively when I see people talking about it a lot and in my area many people drive 2017-2023 Acura MDXs from Tech, to A-Spec, and even a handful of MDX Type-S models definitely a popular SUV where I live
In 2021 I bought a 2017 QX80 with 30,000 miles for $40,000. MSRP was $82,000 new. My neighbors are so silly they think I actually have money. LOL joke's on them.
I think the joke is on you, everybody knows those things don't sell without giant piles of money on the hood.
The XC90 recharge has 450hp. This is not slow for today.
These cars make me look like a Princess on Cinderella’s budget
U didn't mention the Porsche cayenne & macan, audi q7
Its not that they lose value. Most of those shown in the video have very high mileage. If you find one that has reasonable mileage for 5yrs it'll be pricier.
These comps with 100k+ miles are pretty stupid comps
Respect, but think your crazy on the mdx. Best car I ever had…and still have.
Any used car above 20k+ it’s still a expensive car to buy unless you making 20k a month anything is cheap for you
Most of the examples here had well over 100k miles on the odometer, so unless you want to look at it in your driveway, then no. But, If you could get a luxury SUV with less than 60k miles, then perhaps - unless... it's a Mercedes, Range Rover, Bentley, Volvo, BMW or Tesla. That really only leaves the Infiniti (ugg), Cadillac (cheap interior), or Acura (boring). Thanks for the info?
I mean all the cars you mention had over 100k miles so the price matches the miles
who the hell in the right mind is buying a luxury car with over 100k miles????
5 year new tesla battery $20,000. Sign me up. They should not be able to give these away.
Korean manufacturers are improving in stride!!! Working on "bugs" that used to plague Hyundais and KIAs!!!
If u pick a high mileage car it will automatically have a very low price Even a 100k+ Rolls Royce costs like 75K
How can a depreciating consumer products be an asset?
I will get the Acura MDX
I hope one of Volvo XC90/BMW X6 M/Mercedes-Benz GLS will be mine one day.
AMG G Wagon keeps going up and up
Missed the Audi q7
much appreciate the info. also, first to comment! yessuhhh
Chuff can u do a vid making a team from our fifa mobile team again 11:05
The corvette C5 is my lovely 🥰
Forgot about the Q8
A car can’t be an asset if all it will ever do is depreciate few cars on this earth are assets 🤣
This guy just made this video just to make it. Most of the cars have over a 100k miles and tbh they were still expensive
All of these luxury cars are beautiful, but let's be honest, just for maintenance, it would be an arm and a leg Except for the Acura, which are great Quick question: Which website do u use to check on this vehicle's prices? Thanks
it is a gamble to buy such cars , but who doesn't love to gamble . taking into consideration that gambling is addiction that will lead to being broke i would avoid such fabulous cars .
What rapper has a Cadillac????
I feel like the Alfa Romeo Stelvio is missing from this list.
My mom bought a ‘16 Full Size Range Rover SCV8, at first I was “mad”. But honestly it’s had 0 problems so far, but I know once those problems DO come; it’s not something simple like a thermostat, etc. Good thing I’m a tech, or wait maybe that’s a bad thing given I’m the fucker stuck with fixing this fucker
This list is not right because you find 1 person selling it at a low price does not make it what's it worth
I am 18, I got a brand new range rover velar early last year. It hurts. The car I had before that, Mercedes GLS 450... And my mom's car is a Tesla Model X... This is sad.
Lol at safari 911 😅
It’s wild how much us Americans pay for cars. I’m more A - B now.
Dude. The mdx from 2017-2021 is a boring body compared to the 2022. Night and day difference. The 2022 you show in the video is not going to lose the value like the old gen. They are almost 2 different types of cars in size and tech. I have a type S that’s 2022 and it’s only lost $5000
22 MDX has changed. The older model 21 and back yes I have to Agree I never heard of MDX till the new 22 model came out. What will the 22 MDX price be in 5yrs , idk but it can't be that bad I do enjoy the new 22 MDX, it's smooth , fun and luxury. Also Reliable compare to today's SUV on the market I have look back 20 yrs of MDX and oh hell no, no wonder I never heard of them , they are ugly but 2022 whole new look
Still looks dated VS the competition, they abandon the RDX as well. Their entire SUV lineup has been neglected severly.
Why SUVs suffer from hard depreciation?
All these cars have literally 100K miles No shit they are half off
Yeah it’s 43k but it had 66k miles on it 😳😳
Love my Volvos
China thanks you
Why can’t they just make Range Rovers more reliable?
I need to get me a Bentley SUV lol Bentley doesn’t seem to suffer from unreliable problems huh makes it a great car to catch at a bargain 100k for like a 230-250k car sounds fantastic
Bentleys aren’t reliable . That’s why I’m going RR Cullinan .
@@ImDiandreBro for real? I had never heard a bad thing about them other than the maintenance is expensive Also the new Bentleys are on Porsche platforms. That should help?
@@UrbanBDKNY yea I know a few people that have Bentley and theirs never messed up according to them . But when I look up bentayga vs cullinan.. others say RR more reliable & I went to a dealership in Arizona Thursday … the person who works at the dealership said they had more people bring in Bentleys for Maintenance than RR . Don’t get me wrong I like Bentley interior a little better bc I feel like it’s more up to date than RR but seeing them in person . That RR makes that Bentley looks like a small toy car lol . Plus when I look at Bentley now I see a Audi . Truck … I wanted a Bentley bentayga bad until I did my research & see both in person
@@UrbanBDKNY honestly though just bc others have problems doesn’t mean you will .
Not a single manual :/
kinda says a lot
@@mr.cookie8904 Yeah, says that people are boring.
suvs are boring to begin with im not surprised
The qx80 is not ugly. It's beautiful. Stop hating
It is a short bus for people that can't afford real luxury brands
@@mitchhedberg4415 I don't give a damn though.
@@mitchhedberg4415 eh german stuff is overpriced for stuff that breaks easily, i want simple comfort i dont care about scents
@@lolickypeepee23xdd6 Mercedes is quite reliable if you asked me. My parents have had 2 in my whole life and they were pretty reliable.
You literally had your number one choice and showed one with 200k miles on it 😂😂😂😂😂😂😂 show any car with 200 thousand miles on it and see how little it’s worth. Wtf
yeah right, great deal with 200000 km on some
Hi
I'll take the Acura
Spot on for all of these except maybe* the Volvo and Acura. Everything else is hot garbage especially the Range Rover, BMW, Mercedes and, well, everything else. The reliability of any of these is just crap even at 50-75% off so it might be a good deal as far as how cheap it is, Sweet Jesus, that BMW X6 will melt into a quivering pile of oil, coolant and plastic about 4 months after you pay 40K for it. The Bentley, you wont ever be able to get it fixed so good luck with that hunk of trash!
laughs in jeep srt
High mileage….
Here is a 1 milion miles car for free
Yeah well most of these cars are well over a 100k in ………….MILES
The ACURA MDX is a boring Car/SUV. I have been saying this for YEARS NOW. The design is boring and dated. It looks like a 2013 SUV. I have no ide how Acura made the Integra so good looking but are incapable of translating the design to their SUVs. I call it incompetence on their part, i like ACURA as abrand but their SUV are behind design wise.
Breh’ wash your face. Greezzy AF!!
no care to miles on the car in the comparison.
moral: dont buy suv
Yes range rover is an over hyped over priced vehicle... no sense buying it..
Look at the miles on the prices hes listening… what a joke video
This guy knows nothing