Need a New Medium SUV under $100k

Frankensnore on 11/04/2024 - 11:10
Last edited 11/04/2024 - 11:10

Help me find a medium suv. Medium suv is 5-seater family car and 4.6-4.7m length max.

My criteria is:
Has to retain its value somewhat.
Has to be economic of fuel, I don’t want too many trips to station. I can’t see the value in phev, extra $20k would never break even, so thats a no.
I am thinking of lexus nx or rx,
Or mercedes benz glc, but this is not hybrid.
Or bmw x3.

Keen to try ev, but fearful of the price plummet to nothing in just a few years.
I don’t have solar panel.

I don’t mind used cars 1-2 yo.

Preferably not Chinese made cars.

Poll Options

  • 98
    Lexux n450h or rx
  • 9
    Bmw x3
  • 9
    Mercedes glc
  • 213
    Other
Automotive Car SUV

Comments

  • Euphemistic on 11/04/2024 - 11:18
    +10

    Far too many options.

    If you want to retain value get a hybrid, less fuel used will be more important as prices rise. Then again, youll lose a lot less in value from a $50k vehicle than a $100k one.

    Dont spend $100k on a 5 seater SUV.
    How ling do you plan on keeping? Price of EVs wont 'plummet' at least until its oht of battery warranty, and i suspect the price plummet is just an anti-ev talking point. Even a 10yo EV will still have "commuter range" in the battery so will be popular as second cars. Look at the price difference of ICE cars, their price 'plummets' at 10yo too.

    • Frankensnore on 11/04/2024 - 11:19

      In general, do you reckon hybrid is the best type that retain value? Compare to ev, phev, petrol, diesel, mild.

      Then lexus should be the best then?

      • Euphemistic on 11/04/2024 - 11:20
        +21

        A RAV4 will lose a lot less value than a lexus.

          • Drakesy on 11/04/2024 - 11:27
            +33

            @Frankensnore:

            Rav4 is a bit yuck the styling and colour and stuff, i feel yuck in it…

            First world problems.

            • Frankensnore on 11/04/2024 - 11:27
              -3

              @Drakesy: Compare to its model from 10-15 years ago, I can’t see any difference

              • Drakesy on 11/04/2024 - 11:29
                +29

                @Frankensnore: You can lead a horse to water but you can't make him drink.

          • Jake D on 11/04/2024 - 12:04
            +32

            @Frankensnore: I also chose my family cars based on whether other people look at them

          • rt1111 on 11/04/2024 - 12:25
            +18

            @Frankensnore: "Finally the feel on the street where no one look twice on it is just yuck"

            Ugh
            This whole conversation needs a cost-of-living-crisis trigger warning

              • OzBrogains on 12/04/2024 - 13:24
                +20

                @Frankensnore: Tell us you’re a boomer without saying the word boomer

              • Wort on 12/04/2024 - 22:26
                +4

                @Frankensnore: Hoping that other will have the opportunity to blow 100k on a "baragin" is one thing, believing that's achievable for most is quite the impressive demonstration of mental gymnastics.

              • johnno07 on 12/04/2024 - 23:22
                +22

                @Frankensnore: Why does it have to be under $100k? Why not 200k? Too poor? Probably should have saved better.

              • jrowls on 15/04/2024 - 11:02
                +7

                @Frankensnore: @Frankensnore honestly i don't have an issue with folks who come out and say 'i want to spend x amount on an SUV because i want something luxurious and i can afford it'. good for you, i guess.

                "Finally the feel on the street where no one look twice on it is just yuck"

                this, however, is utterly pathetic. if i could afford 100k on an SUV, i would give zero (profanity) about what other people thought of my vehicle or how many times they looked at it. totally embarrassing to be middle aged and wealthy and this self conscious.

                • Frankensnore on 18/04/2024 - 11:10

                  @jrowls:

                  if i could afford 100k

                  Rav4 is not 100k car………. So yes i would be self conscious on a rav4….

              • oranglama on 15/04/2024 - 21:33

                @Frankensnore: just buy an EV then if it's 'cheap', who cares if the price plummets in 2 years time, it's cheap anyway in your circle

          • t_c on 12/04/2024 - 22:05
            +9

            @Frankensnore: A lexus isn't gonna be turning heads either lol.

            • browser on 13/04/2024 - 09:32
              +2

              @t_c: So are entry level euros, ain't cheap but they are everywhere and nothing special.

              I wouldn't spend 100k on a GLC, X3 or Q5.

              With Lexus at least you get the Toyota reliability and hybrid option.

          • soaringphoenix on 14/04/2024 - 07:04
            +4

            @Frankensnore: No one cares about these fake ass midsize SUVs. X3s and GLCs just scream "I want to look wealthier than I can afford to".

            No one gives a shit. These models are just brand dilution.

            Good luck with the maintenance costs, but at least consider something like this used GLS63.

            https://www.carsales.com.au/cars/details/2017-mercedes-benz-…

          • bobbified on 15/04/2024 - 10:30
            +1

            @Frankensnore: Sorry sir - paying extra for 'looks' and 'feels' is just too foreign of a concept for this forum! Avoid asking for vehicle suggestions on anything other than Toyotas and Kias! Otherwise be prepared for a whole lot of negs!

            What's funny is, despite the above, you'll also find that there's a whole bunch of closet-drivers of Porsches, Mercs, Audis, BMWs, etc etc..

          • fiend on 15/04/2024 - 14:19

            @Frankensnore: You're on the wrong website bud.

        • browser on 13/04/2024 - 09:43
          +3

          Either Toyota or Lexus are very safe options.

          Toyota = good value, great reliability, and by extension decent resale value.

          Lexus = great reliability with a touch of luxury, and also decent resale value.

          Minus for Toyota is that they deliberately downgrade the infotainment and interior, i.e. small screen with thick plasticky surrounds, fake leather seats, hard surfaces everywhere. Because it can't be "too nice" to hurt Lexus.

      • Ade99 on 12/04/2024 - 09:07
        +7

        Lexus is a much more expensive Toyota……

      • slipstreamexpress on 14/04/2024 - 15:46
        +5

        This entire thread is pretty much just you attempting to justify your obviously pre made decision to buy a Lexus, hoping that enough people "agree" with you so that you feel less like a tool that you actually want something that may or may not impress your friends (depending on how shallow they actually are)

        • rehan770 on 17/04/2024 - 00:25

          You buy whatever car - all cars have to be driven at 100km/h limit or other suggestion would be to buy a 50K SUV & drive at 150km/h to pay the fines every week to get upto the 100K mark. I suppose you will be famous too & people will start looking at you.

      • kaleidoscope on 15/04/2024 - 12:59

        Basically the more expensive the car is, the more it’ll loose value overtime % and amount.

        For example,

        $50k car would be around 40k in 3 years. About 20% (10k loss)
        $100k car would be around 65k in 3 years. So about 35% ($35k) loss.

        Hypothetical figures ofcourse, but you get the idea. Also do not spend $100k on a 5 seater suv.

      • hothed on 15/04/2024 - 14:02

        Mazda CX-60

  • Drakesy on 11/04/2024 - 11:19
    +30

    Has to retain its value somewhat.

    Or mercedes benz glc, but this is not hybrid.
    Or bmw x3.

    I don't want to burst your bubble buttttt…

    Keen to try ev, but fearful of the price plummet to nothing in just a few years.

    Just wait till you see the depreciation on a Euro ICE vehicle.

    Oh and FWIW this is a want, not a need. Plenty of cars will do what you want for a fraction of what you're about to pay.
    Kia Sportage Hybrid
    Toyota Rav4 Hybrid
    Haval H6 Hybrid.
    Hell even a secondhand lexus NX Hybrid.

      • Drakesy on 11/04/2024 - 11:22
        +42

        *I want to burn $100k as fast as possible

        There fixed it :)

          • Euphemistic on 11/04/2024 - 11:29
            +41

            @Frankensnore: Youre in the wrong place if you want decent advice for blowing 100k on a car.

              • m a c9 on 11/04/2024 - 11:48
                +10

                @Frankensnore: A maseratti isn't going to hold its value too well.

                If you want something that retains its value luxury and euros shouldn't be on the list.

                A growing family that wants to buy a used suv aren't going for maserattis and mercedes - they go for reliable, efficient, easy to maintain/repair - which is why Toyota still keeps its value.

                And most people who want to buy a Maseratti aren't in it to buy a used one to save a few thousand k's - they have enough to go for new ones. Hence the quick depreciation on them.
                https://www.akronmaserati.com/maserati-depreciation-comparis…

              • Gdsamp on 11/04/2024 - 11:51
                +2

                @Frankensnore:

                If a 200k car drops to 100k isnt it a bargain?

                Maybe for the person paying 100k

                However if you can't afford a new european car, you most certainly cannot afford a used one.

                • Ade99 on 12/04/2024 - 09:09

                  @Gdsamp: and possibly despite a 50% reduction is still 100% more than some may want to pay.

              • Euphemistic on 11/04/2024 - 12:07
                +4

                @Frankensnore:

                If a 200k car drops to 100k isnt it a bargain?

                No. It means one of two things, it was over valued in the first place, or that noone want to buy a used one. Maybe noone want to buy one because it drops value too quick,or maybe just because they are too expensive to run.

                Bargain doesnt just mean cheaper than RRP.

              • Drakesy on 11/04/2024 - 13:24
                +1

                @Frankensnore: That Maserati is actually one of the highest depreciating cars in existence.

                • Ade99 on 12/04/2024 - 09:11
                  +3

                  @Drakesy: Jeeps may well be contenders for that title

            • maverickjohn on 15/04/2024 - 14:17
              -3

              @Euphemistic: Thats a silly comment, ozbargain is finding bargains, not financial advice. I can't believe how much positive votes this comment has, you are just sounding patronising.
              He wants a car up to 100k and wants to get the best option, whats wrong with this community?

              • Euphemistic on 15/04/2024 - 15:35
                +1

                @maverickjohn: When you can get a great, reliable, new car with good resale for half that amount $100k can not be considered a bargain.

                • maverickjohn on 15/04/2024 - 16:33

                  @Euphemistic: Reliablity is only one aspect of purchasing the car, not the only aspect.
                  It's the most important aspect but again only one.

                  • Euphemistic on 15/04/2024 - 17:22
                    +1

                    @maverickjohn: You may have missed that i mentioned good resale? I also added 'great' to the descriptor. I used that as shorthand for 'quality with plenty of tech'

                    $50ish-k buys a lot of car.

                    Unfortunately OP seems to equate 'luxury' with brand name.

          • JimB on 11/04/2024 - 11:54
            +1

            @Frankensnore: Out of the above, definitely the Lexus RX, in F Sport guise.

      • slipstreamexpress on 14/04/2024 - 15:49
        +1

        Just get a second hand X5 M spec then, the newest year model you can find that matches your $100k spend.

        You'll get the "ooohhhh ahhhh he's so rich" looks from the (profanity) that think this shit is important, especially if they think you bought it new, but you'll miss a lot of the initial depreciation.

        It will be fun to drive, easily big enough, be very luxurious in terms of its finishing and fit right into what ever semi affluent suburb you live in.

    • John Kimble on 11/04/2024 - 11:52
      +12

      I don't want to burst your bubble buttttt…

      How do you know they have a bubble butt?

      • Drakesy on 11/04/2024 - 13:51
        +12

        You're right, I don't really, shouldn't be jumping to conclusions.

        But i do know the size of their pee pee

    • fredblogs on 11/04/2024 - 16:08

      Why do you say "hell even", that's exactly what I'm looking at

    • goody on 12/04/2024 - 10:53
      +8

      Throw in Subaru Outback - a lot of car for the money, well finished, reliable and well equiped.
      As for European brands - I've been there and got carpel tunnel from signing cheques for repairs - run away don't walk.
      Go Japanese or Korean and put $30-50K into shares you can put in the bottom drawer and forget about - that's what I wish I'd done 30 years ago!

    • tomfool on 15/04/2024 - 15:46

      Can you even list Haval as an option along side Toyota and Kia.

      • Drakesy on 15/04/2024 - 16:17

        Yes?

        • tomfool on 16/04/2024 - 10:15
          -1

          You have drive a Haval? By far the worst car I have driven in a long time.

          • Drakesy on 16/04/2024 - 10:42

            @tomfool: You haven't driven an MG

            • tomfool on 16/04/2024 - 15:59

              @Drakesy: These Chinese cars sort of remind me of the old Hyunda Excel in the 90's, lots of them around when they came out few years later they were all gone. Perhaps in a few years Haval, MG and LDV may evolve to be better, but until then I'd stay clear.

  • Edsanwong on 11/04/2024 - 11:22
    +13

    Retain value…..Toyota

    • Frankensnore on 11/04/2024 - 13:34

      Yeah i think lexus has to be the best balance of value and luxury

      • Jake D on 11/04/2024 - 16:07
        +2

        It's been a while since i've looked, but aren't lexus' just re-badged toyotas with leather seats?

        • Ade99 on 12/04/2024 - 09:10
          +6

          and a higher purchase price…some one needs to pay for those Stealership coffees on offer

        • rickdwp on 13/04/2024 - 12:52
          +3

          Absolutely not. Toyotas finish is cheap as shit these days, on par with Kia (actually higher trim Kia's are better). Lexus finish is about on par with mid-high spec euro.

          Lexus also tend to have more powerful engine options for the same car. Such as V6 hybrid where a Toyota would only be available in 4 cylinder and in the past Lexus would have lithium batteries compared to Toyota Nickel metal hydride, I believe Toyota were moving to lithium but not sure they ever did

  • m a c9 on 11/04/2024 - 11:40
    +11

    Has to retain its value somewhat.

    Define 'somewhat'. 1 minute search on google will tell you Euros don't retain value.

    Has to be economic of fuel, I don’t want too many trips to station. I can’t see the value in phev, extra $20k would never break even, so thats a no.

    How many trips is too many? How much l/100km are you looking at? What's your definition of 'economic'?

    https://www.carexpert.com.au/car-news/the-cars-in-australia-…

    Model Average retained value (%)
    Suzuki Jimny 135.7
    Toyota Yaris Cross 109.1
    Toyota LandCruiser 106.5
    Toyota RAV4 100.8
    Nissan Patrol 99.9
    Toyota C-HR 95.7
    Toyota Fortuner 95.3
    Jeep Wrangler 94.5
    Hyundai Venue 92.7
    Toyota LandCruiser Prado 92.1
    Suzuki Vitara 91.7
    Honda HR-V 88.3
    Isuzu MU-X 87.8
    Mitsubishi ASX 87.3
    Mazda CX-3 87.1
    Volkswagen T-Cross 86.7
    Audi Q3 86.4
    Subaru XV 86.4
    Kia Seltos 85.9
    Hyundai Kona 85.4

    But you WANT to spend $100k and it HAS to be a MEDIUM SUV

    https://www.drive.com.au/showrooms/best-cars/best-suvs-under…
    https://www.drive.com.au/showrooms/best-cars/best-medium-suv…

    Take your pick from those. /thread

    • resisting the urge on 12/04/2024 - 15:29

      I was thinking a Jimny beats all else on the OPs list as its simple, easy to fix, easy and cheap to look after, economical and has the most all round utility. And there it was leading the resale values!

      But yea okay, it's perhaps not the best 'Mall-crawler', excepting perhaps the diesel guzzling Land Cruisers on the list. Seems like availability is king in terms of people's choice of vehicle, so literally that is unfortunate for the owners.

      Missing is the CX-5, which most seem to think is a sensible option but IMHO has a similarly un-positive/disconnected drive like so many with over-electrified steering and braking systems.

      • Poor Ass on 16/04/2024 - 13:36

        CX-5 mechanically good but it's tiny inside… not very practical use of space

  • pegaxs on 11/04/2024 - 11:58
    +59

    I think what you meant to say was… "I want to humble brag about my car purchasing to the peons… What SUV can I buy that will get me the best 'oh wow, they are rich' comments without me having to buy a Range Rover or an X5…"

    Anyway, I voted "Other"… Get a Tesla Model Y Performance and pocket the change. You will still appeal to your bell-end family and friends who you feel the need to impress with a $100,000 (no more, no less) car. It fills all the criteria (other than being "exactly $100k") you require to appear as though you have plenty of loose cash floating around. You can even get generous tax breaks for leasing an EV through your shell company.

    • Euphemistic on 11/04/2024 - 12:08
      +3

      And if you dont want too many 'trips to the station' you can likely charge it at home and never go fuel up anywhere.

      Besides, too many trips to the station is a bit of a furphy. Most petrol cars have a fuel tank sized according to fuel consumption. Range will be around 7-800km for a tank of an efficient car. They size the tank smaller because its less weight to cart around making it more efficient. They know that realistically noone needs a car capable of more than 600km on a tank and most people are happy enough to fill up every 600km or so.

      • m a c9 on 11/04/2024 - 12:15

        My car's range is 300-350km :) and I get 11-12l/100km :)

        But I didn't buy it for resell value or fuel efficiency however I do wish they made the tank a little bigger…

        • prodrome on 11/04/2024 - 12:26
          +2

          I think I found your car.

    • dust on 11/04/2024 - 13:00
      +11

      Get a Tesla Model Y Performance and pocket the change.

      Do this and with the change install solar panels.

        • dust on 11/04/2024 - 13:35
          +15

          The requirements you want for this car are not compatible.

          If holding value is the most important for you then get a Toyota. If you really want something "luxury" then just get what you want, but you can't expect that car to retain value as well!

        • fredblogs on 11/04/2024 - 16:17
          +3

          Buy 2nd hand then?

        • fefris on 12/04/2024 - 14:11
          +12

          maybe after 3 years… what a dumb statement. Does google work on your solid gold phone?

      • fredblogs on 11/04/2024 - 16:18
        +2

        I drove the new model 3 first, after driving that you won't want a Y

        • WhyAmICommenting on 12/04/2024 - 19:02
          +1

          But they will, because they need to be above the masses.

          They should buy a 2nd hand Model X

        • pwnd on 17/04/2024 - 12:33

          What's the difference driving wise between the two? Been waiting on the Volvo ex30 to get here but Tesla price drops have me contemplating getting one.

          • fredblogs on 17/04/2024 - 20:28
            +1

            @pwnd: Much better performance, handling, suspension, ventilated seats, interior is nicer. I'd get one but the loss of indicator stalk is a deal breaker.

            • pwnd on 17/04/2024 - 21:28

              @fredblogs: Thank you for that. There is quite a lot I don’t like about Teslas, which is why I was waiting for other models, but their battery and motor technology is excellent. Recent Y model discounts made me start considering one, as, on top of my other Tesla gripes, I really don’t like the dated look of the Tesla 3, so wanted to know more.
              Bit time poor at the moment with work, hence no test drives.

    • x d on 14/04/2024 - 14:02

      If he said the "Rav4 is a bit yuck", he probably thinks the Model Y is "repulsive".

      Also he wants a luxury car, not a bouncing rock hard back pain inducing ride.

  • DingoBilly on 11/04/2024 - 12:23
    +37

    Based on your responses you don't actually care about any of things you listed.

    You just want the car that will show off the most for $100k and make you look coolest.

    Otherwise your criteria make no sense based on what others have said. In terms of retaining value and being economical you're far better off spending less, but you seem insistent it has to be $100k or so.

    • Frankensnore on 11/04/2024 - 13:33
      -8

      I want a good balance of luxury and value.
      Not for show off, just because i have that money and have had enough of cheaper cars

      • BLAIL on 11/04/2024 - 14:48
        +1

        You're looking for a luxury Toyota, aka Lexus…get anything Lexus - for example: 2023 Lexus RX RX350 F Sport Auto AWD

      • mapax on 13/04/2024 - 09:39
        +8

        Not for show off

        Are you sure?

        Finally the feel on the street where no one look twice on it is just yuck

    • Frankensnore on 11/04/2024 - 13:35
      -4

      Im not asking a car that doesn’t depreciate, just asking the best bang for buck for 100k

      • m a c9 on 11/04/2024 - 13:48
        +10

        no such thing as 'best bang for buck' car that's 100k.

        That's what everyone has been telling you in one way or another.

        100k is luxury/sports car money. You don't buy a 100k car to get good value, you buy a 100k car to enjoy it or to serve a single purpose.

        You want good resale value, fuel economy - yes you can find them plenty below 100k but you HAVE to spend 100k.

        If you HAVE to spend 100k - whether to show off or not - 'value' is not the first word you'll see advertised next to the car. It'll be the last (if even)

        Just look for the car that you think looks best and has the best fuel economy for 100k and don't worry about the resell value. Unless you go for an enthusiast's car or an import, any and all cars above 100k will depreciate like no tomorrow.

        If I HAD to spend 100k I'd be 2 cars - 1 for the family friendly SUV and 1 for a weekend fun car.

          • Gdsamp on 11/04/2024 - 16:18
            +16

            @Frankensnore:

            Tesla for example is said to lose 50% in one year.

            If you can find this to be true in reality why not buy a 1 yr old Tesla. Let the first owner take the supposed 50% depreciation hit

            On carsales Model Ys appear to be listed for more than what it costs to order one from Tesla which suggests they actually appreciate in value. Of course those are ones that haven't sold so no telling what they actually change hands for.

          • Euphemistic on 11/04/2024 - 19:21
            +8

            @Frankensnore: You havent checked the prices of 1yo teslas have you.

            Cheapest Tesla on carsales is $37500. Its a 2019 standard range 3 with 100k km on it.

          • Drakesy on 12/04/2024 - 09:41
            +8

            @Frankensnore: Bahaha
            Tesla losing 50% in 1 year.

            Bahahahahhaha

            Yeahno

          • dji1111111 on 12/04/2024 - 13:53
            +10

            @Frankensnore: You need to do your research rather than listening to BS articles and facebook posts from EV haters lol
            50% depreciation in 1 year? Anyone with any level of intellect would know that can't be factual.
            Unless you are really against EV, it would be stupid for anyone to not take up on the option to fund the total ownership cost of cars with pre-tax income. It's one of those rare instances where you get something from the tax office

          • 811b11e8 on 12/04/2024 - 14:42
            +17

            @Frankensnore: Please tell me, what job do you have to afford a 100k car and still be such an idiot?

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