As diesel becomes scarce, the number of hybrid SUVs grows. But are the additional costs generated by this technology offset by higher resale values? Data from L’argus experts reveal a very variable discount on models that cannot be recharged on the mains.
Even without opting for expensive plug-in solutions on the mains, hybridization still generates a certain additional cost compared to a gasoline version. The addition of an electric motor, a high voltage battery and all the electronic equipment necessary for the management of the whole inevitably has repercussions on the bill. But in a motorist’s budget, the purchase price is not the only criterion to take into account. In addition to the cost of use, the discount is a very important factor, all the more so if you opt for a rental (LOA or LLD). Diesel has also long drawn part of its success thanks to its excellent second-hand resale values, which made it possible to compensate for the price difference in new with the equivalent in gasoline. Is it the same with the hybrid? To answer it, we called on the valuation experts from L’argus.
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L’argus expertise
Loss after 3 years – 45,000 km as a% of new price: 45.6%
Their job is to calculate the loss in value of all vehicles on the market. A very important data which enters the calculation of the monthly payments within the framework of a rental with option to purchase (LOA) or long term (LLD). But these indications can also be invaluable for individuals, since they make it possible to compare the way in which different vehicles will discount. Be careful, however, like the weather, it is not an exact science. Each occasion transaction is unique, especially when it is carried out between individuals. Our experts’ data is only used to suggest a general trend.
Many criteria to take into account
Many criteria can also have an influence:
- The equipment: an entry-level model, devoid of the required equipment, will sometimes have to be sold off in order to hope to “get rid of it” quickly enough. Conversely, high finishes are more sought after… even if this is not always enough to offset their additional purchase cost. This is why we usually give you a range of haircuts rather than a single value.
- The transmission : in our ranking, we have not included the mild hybrid models, which are unable to really run electrically. We only considered classic hybrid SUVs, all with automatic transmission. But some of them leave the choice between two or four-wheel drive, which can also affect the resale. More popular in mountainous areas, all-wheel drive will not necessarily be as popular elsewhere.
- Vehicle age: all our discounts are calculated here for a period of three years and a mileage of 45,000 km. On the other hand, you will find that models in the process of being replaced, such as the Kia Niro or Honda CR-V, are alongside new products for 2021, such as the Toyota Yaris Cross or Renault Arkana. The latter start here with an advantage, as they will be sought after when they are introduced to the second-hand market.
- Commercial conditions: when a model tends to be heavily refurbished, it also depreciates more quickly on occasion. Our data therefore take this factor into account.
This list does not claim to be exhaustive. Other sometimes subjective criteria, such as color or brand image, can also be a game-changer. Not to mention the number of similar vehicles available at the same time, an essential parameter and difficult to know three years in advance.
A wide variety of hybrid SUVs
Urban, compact or family SUVs, powers ranging from 116 to 248 hp, naturally aspirated or turbo engine… our classification includes more diversified models than usual. What do they have in common, apart from a very trendy backpacker look? All have opted for a classic hybridization, without the possibility of recharging from the mains. A solution which has the merit of being less cumbersome, better suited to the many city dwellers without a socket in their parking space … and of often better limiting the discount, thanks to sales prices much lower than for “plug-ins »Despite the absence of an ecological bonus. On the other hand, as we have already mentioned, we have ruled out models that simply have mild hybridization, which has too little influence on fuel consumption and driving experience.
A ranking dominated by Asia
Loss after 3 years – 45,000 km as a% of the new price: from 40.6 to 46.9%
Loss after 3 years – 45,000 km as a% of the new price: from 42 to 44.2%
The only premium SUV equipped with this type of engine, the Lexus UX is the big winner here. It is ahead of three new models, the Hyundai Tucson, Honda HR-V e: HEV and Toyota Yaris Cross. Asia is therefore a hit, especially as the RAV4, the seven-seater Highlander and the CH-R are also very well placed.
Loss after 3 years – 45,000 km as a% of the new price: from 45.9 to 47.9%
Loss after 3 years – 45,000 km as a% of the new price: from 46.6 to 48.6%
The only representatives of Europe, the Renault Arkana and Captur must be content with a soft stomach. For these two French, however, note that the discount here is slightly lower, in percentage, for this E-Tech 145 hybrid than for the 1.3 TCe 140 gasoline, at equivalent mileage. However, the difference remains too small to fully compensate for the additional purchase cost. As for Ford’s Kuga, which recently removed diesel from its catalog, it is rather at the back of the pack. But once is not custom, the two-wheel drive version is here better placed than its twin with all-wheel drive. An exception related in particular to its compatibility with bioethanol E85, which makes it unique on the market.
On the same topic
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