3 CHEAP SUVs EVERYONE IGNORES (But These 3 SUVs Are Absolute Goldmines)
Three SUVs That Outlast Your Mortgage Payment
Introduction to Affordable SUVs
- The speaker introduces three SUVs that are affordable and reliable, with one costing less than a phone bill each month.
- Emphasizes the misconception of consumers overpaying for popular choices instead of considering these options.
Mazda CX-5: A Reliable Choice
- Reliability Ranking: The Mazda CX-5 is ranked number one in reliability among 26 competitors, yet it remains overlooked by shoppers.
- Maintenance Costs: Average annual repair cost is $447, significantly lower than the midsize SUV average of $573, saving owners $126 annually.
- Engine Design: Features a Skyactive 2.5L engine with a timing chain instead of a belt, avoiding costly replacements every 100,000 miles.
- Market Position: Mazda sells fewer vehicles compared to Toyota and Honda, leading to lower prices for used models while maintaining high reliability standards.
- Target Models: Recommended model years are 2019 or 2020; advised to avoid the problematic 2016 model due to LED headlight issues.
Toyota Venza Hybrid: An Overlooked Gem
- Fuel Efficiency: The Venza Hybrid offers an impressive fuel economy of 39 mpg combined on regular gas and can save owners $1,200-$1,500 annually on fuel costs alone.
- Repair Costs: Annual repair costs are only $44—$129 below the midsize SUV average—making it financially appealing for long-term ownership.
- Depreciation Insight: A 2021 Venza has depreciated about 28% in three years compared to an RAV4 hybrid's depreciation of around 18%, despite sharing the same platform and powertrain.
- Consumer Awareness: Many potential buyers overlook this vehicle due to its name recognition issues; it's suggested that people have forgotten about it entirely.
- Inspection Tips: Buyers should check for known windshield cracking issues as part of their inspection process before purchasing a used model.
Conclusion Preview
- The next SUV discussed has a luxury badge that may deter buyers but offers Honda-level reliability with added features at competitive prices; this will be elaborated upon next in the video discussion.
Acura RDX: The Overlooked SUV
Overview of the Acura RDX
- The Acura RDX is positioned as an SUV that struggles to attract both budget and luxury shoppers due to its branding and pricing.
- Mechanics are purchasing the RDX for personal use, indicating a strong mechanical reputation despite market perception.
Mechanical Insights
- The 2019 and newer models feature a reliable 2.0L turbocharged engine with 272 horsepower, paired with a robust 10-speed automatic transmission.
- The RDX shares its platform with Honda vehicles (Pilot, Odyssey, Ridgeline), leading to lower repair costs compared to other luxury brands.
Cost Analysis
- Average annual repair cost for the RDX is $497, significantly lower than the luxury compact SUV average of $859.
- Despite reliability, the 2020 model has depreciated by 34% in three years due to consumer perception rather than mechanical issues.
Buying Recommendations
- Target models from 2019 onwards for better reliability; avoid pre-2019 models due to known transmission issues.
- Consider servicing at Honda dealerships for lower labor rates while maintaining quality service on Acura vehicles.
Ideal Buyers and Alternatives
- Recommended for buyers seeking luxury features without high repair costs; ideal for long-term ownership without concern for brand prestige.
- Not suitable for those needing maximum third-row space or who plan to resell within three years; also not recommended if the touchpad infotainment system is off-putting.