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Four SUVs That Will Cost You More In The Long Run Page 2


The same data, however, can help you make a better decision.  For each of the budget busters, we've found an alternative that holds up better in the long run.  Keep in mind that, in some cases, that means we’ve suggested a car with a higher number on the sticker. But we've done it because, in the long run, the good ones pay you back.

2010 Mitsubishi Outlander SE

2010 Mitsubishi Outlander SE

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MSRP: $20,840 - $29,250

The redesigned Outlander is one of the best-looking small SUVS, with its new, bold grille and sharply-canted headlights -- it looks angry.  It looks like other cars will stay out of its way.  It's also fun to drive, and with one of the longest warranties of any SUV, it looks like a good decision...but it can be a bad one.  IntelliChoice rates the Outlander a “Poor” value, with a five-ear cost of ownership ranging from$38,938 to $39, 545 -- nearly double what the sticker said. The reason?  Hefty depreciation, and steep insurance costs.

Smarter Buy: The newly-redesigned GMC Terrrain looks similarly aggressive, but carries an “Above Average” rating from IntelliChoice.  It'll cost you more up front, but in the end, it's less expensive to own than the least expensive Outlander. Its TCO starts at just $35,202. 

2010 Suzuki Grand Vitara

2010 Suzuki Grand Vitara

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MSRP: $19,099 - $27,199

Suzuki builds one of the least expensive compact SUVs on the market. They pack it with more standard features than most -- even steering-wheel mounted stereo controls and keyless entry are standard on the base model.  And they build it with a V6, while most rivals offer that kind of power only for an added fee.  Yet IntelliChoice says the Vitara ain’t so Grand -- giving it a "poor" value, with a TCO ranging from $36,205 to a jaw-dropping $42,226. Why?  A lot of reasons, actually.  The Grand Vitara costs more than the average small SUV in depreciation, insurance, reparis and fuel.

Smarter Buy: The Honda CR-V is no slouch on power, and Intellichoice rates it  the “Best Overall Value of the Year” in the Compact SUV Class. In every category where the Grand Vitara is more expensive than average, the CR-V is less.  Its five-year TCO starts at just $30,179 -- $10,000 savings over that "cheap" car.


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Comments (2)
  1. These TCO analysis are all based on recent historical trends- depreciation and reliability and to the extent historical patterns repeat, can be a good indicator, but be mindful of positive changes such as what seems to be happening with Kia and Hyundai. Longer warranties and improved quality help to reduce cost of ownership and also help reduce depreciation.
     
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  2. Great article, but I don't think these comparisons are meaningful. Of all these recommendations, I can only see the Sportage-Forester one making sense. The Terrain doesn't look half as nice as the Outlander nor does it perform as well, same goes for the Patriot and Liberty (the Patriot does NOT look Jeep-tough) and good grief, how can you compare a Grand Vitara to a CR-V? You get very different packages with the two and you buy them for very different reasons. College kids love the CR-V but would never buy a Vitara, and off-roaders would never even take a glance at a CR-V.
     
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