SUV prices are entering an unusual moment heading into 2026. Used car costs are still high. Edmunds reported that the average price of a three-year-old vehicle increased by about 5% year over year, but several forces are starting to push certain SUV prices lower, according to auto industry professionals. Rising inventory on dealer lots and 2023 luxury SUVs hitting the steepest three-year depreciation window are creating pockets of opportunity for buyers.
Both the new and used SUV categories are seeing different pricing pressures and each creates its own opportunities for retirees heading into 2026. Here are eight patterns and market data experts point to as potential value buys.
Used Honda CR-V
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Average used price: $20,032
Rob Delisa, auto expert and founder of Car Lease Tips, said more CR-Vs are showing up on dealer lots after years of limited supply and that kind of change in inventory often puts downward pressure on used prices. The CR-V already appeals to many retirees thanks to its smooth ride, light steering and low maintenance costs. If availability continues to increase, early buyers could see more attractive price points in 2026.
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Used Toyota RAV4
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Average used price: $23,081
Delisa noted that more two- or three-year-old RAV4s are hitting the used market, which typically causes prices to “normalize”. He added that you can expect that prices “will not crash, but will definitely soften”. The RAV4’s reliability, simplified controls and Toyota Safety Sense features make it a strong match for retirees who want predictability behind the wheel.
Used Nissan Rogue
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Average used price: $19,174
Rogue inventory appears higher than usual and when a model starts piling up on lots, dealers often adjust prices to keep it moving. The Rogue’s comfortable seat, clear visibility and easy handling make it a practical choice for older drivers. If demand remains moderate, buyers may find better deals next year than they have seen recently.
New Jeep Grand Wagoneer
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New start price: $63,240
Melanie Musson, automotive, insurance and finance expert at Clearsurance, said the Grand Wagoneer is receiving a price cut for 2026. As a full-size luxury SUV, it’s typically out of reach for most retirees, but a lower entry point can make it surprisingly attainable. Its plush seats, quiet cabin and road-trip-friendly comfort offer strong appeal to retirees who plan to travel more.
Hyundai IONIQ 5 New or Used
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New start price: $35,000
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Average used price: $26,126
Musson said many electric SUVs, including the IONIQ 5, will likely see price cuts as the electric vehicle (EV) market adjusts without federal tax credits. Hyundai has already reduced the starting price of the 2026 IONIQ 5 to about $35,000, according to the automaker, a notable drop from previous model years (about $41,000 according to Edmunds). Its quiet cabin, lower maintenance needs and easy driving feel make it an attractive choice for retirees.
Used BMW X5
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Average used price: $37,200
Industry depreciation research by iSeeCars and CarEdge shows that luxury SUVs like the X5 lose a significant share of their value in the first three years, often more than mainstream models. For retirees who want a smoother ride and stronger seat support without paying new luxury prices, a three-year-old X5 in 2026 can offer substantial value.
Used Mercedes-Benz GLE
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Average used price: $45,737
Depreciation rankings from iSeeCars consistently place the GLE among the luxury SUVs with the most early value breaks. That trend could work in favor of retirees looking for comfort and refinement at a lower price. A three-year-old GLE typically delivers a quiet cabin and well-tuned suspension at a fraction of its new price.
Used Audi Q7
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Average used price: $28,867
Market data from CarEdge and other used vehicle pricing trackers show that three-row luxury SUVs like the Q7 experience some of their biggest value losses by the third year. For retirees who prioritize ride comfort, safety ratings and long-distance stability, a discounted 2026 Q7 could be one of the best buys in the luxury space.
Editor’s note: Used car prices were obtained from CarGurus.com. New car prices were sourced directly from the respective vehicle manufacturer.
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This article originally appeared on GOBankingRates.com: 8 SUVs for Middle Class Retirees Getting Massive Price Drops for 2026