Top 10 Used SUVs to Buy in September 2024

As September 2024 unfolds, the used SUV market is poised for a remarkable transformation, offering exciting opportunities for informed buyers. Our latest analysis outlines the top 10 used SUVs to consider this month. By examining a comprehensive dataset of over 65 million vehicles, we have identified several models that have experienced substantial reductions in price. If you’re contemplating a foray into the used SUV market, now may be an optimal time to make a move. Remember to conduct detailed vehicle history checks, VIN lookups, and VIN decoding to try and ensure a well-informed purchase.

Key takeaways in the used SUV market

1. Significant Price Decreases: The Fiat 500L and Ford Excursion top the list with remarkable month-over-month price reductions of 18.87% and 17.94%, respectively. These declines not only present potential savings for buyers but also reflect the dynamic nature of market demand.
2. Value Beyond Age: Although many vehicles on our list are older, certain models demonstrate that age does not always dictate value. The Genesis GV70, with an average vehicle age of just 1.96 years, competes effectively alongside older models, illustrating that other factors can influence a vehicle’s appeal.
3. Impact of Mileage: Mileage remains a critical factor in assessing vehicle value. The Toyota Land Cruiser, for instance, has an average listed mileage exceeding 117,000 miles, yet its reduced price position makes it a compelling option for buyers seeking reliability without a hefty price tag.
4. Increased Interest in Luxury SUVs: Luxury models such as the Maserati Levante and Jaguar F-PACE are experiencing substantial price cuts, with reductions of 23.74% and 18.82% over the past year. This trend makes luxury vehicles more accessible, likely leading to a rise in buyers pursuing these premium options at reduced prices.
5. Evolving Market Demand: Recent data shows over 200 units of the Fiat 500L available on the market, signifying shifts in consumer interest. Vehicles like the Infiniti JX35 and Land Rover Range Rover Evoque are receiving notable discounts from their initial listing prices, suggesting changing preferences among buyers.

Top 10 Used SUVs

Here’s our top 10 list of most relevant SUVs currently available in the market, accompanied by a brief comparison and key statistics.

1. Fiat 500L

The Fiat 500L offers one of the lower average prices, making it budget-friendly, though it has a larger average mileage, indicating that these vehicles have likely been in service longer. With a modest discount from the list price, it appeals to cost-conscious buyers.

• Average Listed Vehicle Mileage: 79,916.64 miles
• Average Initial List Price: $11,787
• Average Final List Price: $11,585
• Average Price Change 30 Days to 60 Days Ago: -18.87%
• Average Discount Seen from List to Sale: 1.70%
• Market Share: 0.001%

2. Ford Excursion

The Ford Excursion stands out for its high average vehicle mileage and comparatively older average vehicle age, indicating that it’s popular among those seeking robust performance and longevity. Its higher average sale price places it in a different category than the Fiat.

• Average Listed Vehicle Mileage: 186,099.74 miles
• Average Initial List Price: $16,353
• Average Final List Price: $16,030
• Average Price Change 30 Days to 60 Days Ago: -17.94%
• Average Discount Seen from List to Sale: 2.00%
• Market Share: 0.0006%

3. Genesis GV70

This luxury SUV shows a premium pricing structure with a lower average mileage, reflecting its recent market presence. Although it commands a higher initial price, it also offers significant discounts upon sale.

• Average Listed Vehicle Mileage: 18,743.40 miles
• Average Initial List Price: $49,550
• Average Final List Price: $48,346
• Average Price Change 30 Days to 60 Days Ago: -7.43%
• Average Discount Seen from List to Sale: 2.40%
• Market Share: 0.0005%

4. Toyota Land Cruiser

Known for its reliability, the Toyota Land Cruiser holds a solid reputation, but it comes with a higher average price and mileage, which might deter some buyers. Nevertheless, it holds value well and commands a strong market share.

• Average Listed Vehicle Mileage: 117,713.46 miles
• Average Initial List Price: $49,427
• Average Final List Price: $48,615
• Average Price Change 30 Days to 60 Days Ago: -6.93%
• Average Discount Seen from List to Sale: 1.60%
• Market Share: 0.00092%

5. Jaguar F-PACE

The Jaguar F-PACE combines utility and luxury, showcasing a reasonable average initial price for its class. However, it has had a higher discount rate, which may attract bargain hunters.

• Average Listed Vehicle Mileage: 44,308.70 miles
• Average Initial List Price: $38,436
• Average Final List Price: $37,242
• Average Price Change 30 Days to 60 Days Ago: -6.84%
• Average Discount Seen from List to Sale: 3.10%
• Market Share: 0.00029%

6. Maserati Levante

With its luxury status, the Maserati Levante has a much higher initial list price, which reflects its upscale branding. The average discounts it experiences may also appeal to buyers looking for a deal on a high-end vehicle.

• Average Listed Vehicle Mileage: 29,417.22 miles
• Average Initial List Price: $60,579
• Average Final List Price: $58,302
• Average Price Change 30 Days to 60 Days Ago: -5.47%
• Average Discount Seen from List to Sale: 3.80%
• Market Share: 0.00015%

7. Infiniti JX35

The Infiniti JX35 offers a mid-range luxury option at a lower price point, appealing to families or buyers looking for reliability with a touch of luxury. Its average vehicle age and mileage indicate it’s well-accepted in the used car market.

• Average Listed Vehicle Mileage: 125,749.84 miles
• Average Initial List Price: $13,438
• Average Final List Price: $13,223
• Average Price Change 30 Days to 60 Days Ago: -5.18%
• Average Discount Seen from List to Sale: 1.60%
• Market Share: 0.0004%

8. Land Rover Range Rover Evoque

This model combines luxury with compact proportions, appealing to both city dwellers and off-road enthusiasts. The average price reflects a balance between affordability and premium offerings.

• Average Listed Vehicle Mileage: 54,341.79 miles
• Average Initial List Price: $30,114
• Average Final List Price: $29,209
• Average Price Change 30 Days to 60 Days Ago: -4.73%
• Average Discount Seen from List to Sale: 3.00%
• Market Share: 0.00028%

9. Alfa Romeo Stelvio

The Alfa Romeo Stelvio is a stylish SUV with a competitive price point, drawing in buyers looking for luxury with sportiness. Its average mileage indicates relatively limited use.

• Average Listed Vehicle Mileage: 29,356.59 miles
• Average Initial List Price: $34,651
• Average Final List Price: $33,538
• Average Price Change 30 Days to 60 Days Ago: -4.36%
• Average Discount Seen from List to Sale: 3.20%
• Market Share: 0.00033%

10. BMW X2

The BMW X2 appeals with its sleek design and premium feel, balancing between usability and style. While slightly higher in price, it maintains a favorable discount rate that enhances its attractiveness.

• Average Listed Vehicle Mileage: 36,611.16 miles
• Average Initial List Price: $29,844
• Average Final List Price: $28,974
• Average Price Change 30 Days to 60 Days Ago: -4.31%
• Average Discount Seen from List to Sale: 2.90%
• Market Share: 0.00022%

These vehicles, while all fitting into the SUV category, cater to different segments of buyers—from luxury seekers to budget-conscious consumers—highlighting the diversity available in today’s market.

With the dynamic shifts in the used SUV market and an array of choices available, now is the perfect time for buyers to take advantage of these compelling opportunities. Be sure to assess each model carefully and leverage the insights provided to make an informed purchase.