6 Most Undervalued SUVs, According to Expert Doug DeMuro
©Lexus
In today’s SUV heavy market, finding a solid off-roader at a reasonable price can feel like searching for a needle in a haystack. But if you know where to look, there are still plenty of SUVs on the market that offer both capability and value.
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In a recent video, automotive expert and author Doug DeMuro shared six models he believes deliver a driving experience far exceeding their current market value. Also check out which cars to stay away from buying.
Honda / Wieck
Honda Element
While the Element isn’t a true off-roader, DeMuro considers it a “soft-roader,” meaning it can reasonably handle light trails and off-pavement excursions. Prices for a decent model range from $7,000 to $10,000, with low-mileage models available for $12,000 to $15,000.
Why it’s undervalued: The Element’s quirky design may have deterred some buyers, but that’s also why you can find a deal. Despite its funky looks, the Element is mechanically solid and versatile, making it a great choice for outdoor enthusiasts.
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TJ Jeep Wrangler
The TJ Jeep Wrangler is a classic, no-frills off-roader. With solid front and rear axles, it’s built to handle rugged terrain, with the all-new 1997 model winning 4X4 of the Year. You can buy one for between $5,000 and $12,000, depending on the condition.
Why it’s undervalued: The TJ doesn’t offer the modern tech or luxury of newer Wranglers, but delivers core off-road capability at a much lower price. This is a solid option if you want ruggedness without the bells and whistles.
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©Lexus
Lexus GX 460
DeMuro describes the Lexus GX 460 as an underrated gem. Built on the Toyota Land Cruiser Prado platform, it combines off-road capability with Lexus luxury. High-mileage models with less-than-perfect histories have sold for $13,000 to $15,000, and $20,000 will get you a well-maintained example.
Why it’s undervalued: The GX 460 is often overlooked because Lexus isn’t traditionally seen as an off-road brand. However, it’s mechanically similar to the Toyota 4Runner, offering luxury and reliability (with its maintenance costs beating the luxury SUV industry average by over $6,000) at a lower price than more popular off-road models.
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Nissan Xterra
Although discontinued, the Nissan Xterra remains a highly capable SUV, often compared to the Toyota 4Runner but available for much less. Second-generation models typically sell for around $15,000.
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Why it’s undervalued: The Xterra delivers rugged off-road performance and practicality at a fraction of the cost of more well-known competitors. It’s an overlooked gem for anyone who wants a tough, no-nonsense vehicle.
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©Porsche
2nd Generation Porsche Cayenne
When you think of Porsche, off-roading might not be the first thing that comes to mind. However, the 2nd Generation Porsche Cayenne (2011-2018) is a capable off-roader, especially with air suspension and off-road modes. Prices start as low as $15,000, and you can find high-performance Turbo models with a 500-horsepower V8 for under $25,000.
Why it’s undervalued: The second-gen Cayenne is often overshadowed by its predecessor, but it offers improved reliability and a more affordable price tag. With its mix of performance and off-road ability, it’s one of the best bargains in the SUV market.
©Toyota
100 Series Toyota Land Cruiser
The 100 Series Land Cruiser (1998-2007) strikes a perfect balance between off-road ruggedness and everyday comfort. While the older 80 Series has seen its value soar, the 100 Series remains a more affordable option. Prices range from $6,000 to $10,000 for less-than-perfect examples, with well-maintained models priced at $14,000 to $16,000.
Why it’s undervalued: The 100 Series offers legendary Toyota reliability with a 4.7-liter V8 engine, and while its prices are still reasonable, they’re starting to rise. If you’re looking for a Land Cruiser, now is the time to buy before values climb higher.
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