Does Volkswagen Tiguan Have Good Resale Value: [Get Answer]
Does Volkswagen Tiguan Have Good Resale Value
Are Volkswagen Tiguans Good Cars?
The Volkswagen Tiguan is a compact crossover SUV that has been on the market since 2007. It is known for its fuel efficiency, reliability, and comfortable ride. But how does it hold up in terms of resale value? In this article, we’ll take a look at the resale value of the Volkswagen Tiguan over time, and see how it compares to other compact crossovers.
Does Volkswagen Tiguan Have Good Resale Value?
The Volkswagen Tiguan is a compact crossover SUV that has been on the market since 2007. It is currently in its third generation, and it is one of the most popular SUVs in its class. The Tiguan is known for its fuel efficiency, performance, and comfort. But what about its resale value? Does the Tiguan hold its value well over time?
Resale Value
According to Kelley Blue Book, the Tiguan has a resale value of 57.5% after five years. This is slightly below the average for compact SUVs, which have a resale value of 60.1% after five years. However, the Tiguan’s resale value is still better than some of its competitors, such as the Honda CR-V (55.3%) and the Toyota RAV4 (54.9%).
Factors Affecting Resale Value
There are a number of factors that can affect the resale value of a car, including:
Mileage: The more miles a car has on it, the lower its resale value will be.
Condition: A car that is in good condition will have a higher resale value than a car that is in poor condition.
Options: A car with more options will have a higher resale value than a car with fewer options.
Color: Some colors are more popular than others, and this can affect the resale value of a car.
Brand: The brand of a car can also affect its resale value. Some brands are known for holding their value better than others.
Conclusion
The Volkswagen Tiguan has a good resale value, but it is not the best in its class. If you are looking for a car that will hold its value well over time, the Tiguan is a good option. However, there are other cars that may have a higher resale value, such as the Honda CR-V or the Toyota RAV4.
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FAQs: Does Volkswagen Tiguan Have Good Resale Value?
What is the Volkswagen Tiguan’s resale value?
The Volkswagen Tiguan has a good resale value, ranking in the top 10 of all compact SUVs. According to Kelley Blue Book, the Tiguan retains an average of 58.5% of its original value after five years. This is higher than the average for all compact SUVs, which retain 55.5% of their value.
How long does it take a Volkswagen Tiguan to depreciate?
The Volkswagen Tiguan depreciates at an average rate of 22% per year. This is slightly higher than the average for all compact SUVs, which depreciate at an average rate of 20% per year. However, the Tiguan still retains a high resale value, even after several years of ownership.
What are the factors that affect the Volkswagen Tiguan’s resale value?
The factors that affect the Volkswagen Tiguan’s resale value include:
Mileage: The Tiguan’s resale value will decrease as the mileage increases.
Condition: The Tiguan’s resale value will be higher if it is in good condition.
Options: The Tiguan’s resale value will be higher if it has more options.
Color: The Tiguan’s resale value will be higher if it is a popular color.
Location: The Tiguan’s resale value will be higher in some areas than in others.
How can I improve the resale value of my Volkswagen Tiguan?
There are a few things you can do to improve the resale value of your Volkswagen Tiguan:
Maintain it well: Keeping your Tiguan in good condition will help to maintain its resale value. This includes regular oil changes, tire rotations, and other maintenance.
Drive it carefully: Avoid accidents and driving your Tiguan aggressively. This will help to keep the mileage down and the condition of the vehicle high.
Keep it clean: A clean Tiguan will be more appealing to potential buyers.
Option it out: Adding options to your Tiguan will make it more valuable to potential buyers.
Park it in a garage: Parking your Tiguan in a garage will help to protect it from the elements and keep it in good condition.
Is the Volkswagen Tiguan a good investment?
The Volkswagen Tiguan is a good investment if you are looking for a compact SUV with a good resale value. The Tiguan retains a high percentage of its original value, even after several years of ownership. This means that you can sell your Tiguan for a good price even after you have driven it for a while.