8 SUVs for Middle-Class Retirees Getting Massive Price Drops for 2026
Written by
Gabriel Vito
Edited by
Rebekah Evans
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 Years
Helping You Live Richer
Reviewed
by Experts
Trusted by
Millions of Readers
SUV prices are entering an unusual moment heading into 2026. Used-car costs remain elevated. Edmunds reported that the average price of a three-year-old vehicle rose about 5% year over year, but several forces are beginning to push certain SUV prices lower, according to auto industry professionals. Rising inventory on dealer lots and 2023 luxury SUVs hitting their steepest three-year depreciation window are creating pockets of opportunity for buyers.
Both new and used SUV categories are seeing different pricing pressures and each creates its own opportunities for retirees heading into 2026. Here are eight models experts and market data point to as potential value buys.
Used Honda CR-V
- Average used price: $20,032
Rob Delisa, auto expert and founder of Car Lease Tips, said more CR-Vs are appearing on dealer lots after years of limited supply and that kind of inventory shift 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, thrifty buyers may see more appealing price points in 2026.
Used Toyota RAV4
- Average used price: $23,081
Delisa noted more two- to three-year-old RAV4s are hitting the used market, which typically causes prices to “normalize.” He added you can expect prices to “not crash, but 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
- Average used price: $19,174
Rogue inventory looks higher than usual and when a model starts stacking up on lots, dealers often adjust pricing to keep it moving. The Rogue’s comfortable seating, clear visibility and easy-handling feel make it a practical choice for older drivers. If demand stays moderate, shoppers may find better deals next year than they’ve seen recently.
New Jeep Grand Wagoneer
- New starting price: $63,240
Melanie Musson, auto, insurance and finance expert at Clearsurance, said the Grand Wagoneer is receiving a price drop for 2026. As a full-size luxury SUV, it’s typically out of reach for most retirees, but a lower entry point could make it surprisingly attainable. Its plush seating, quiet cabin and road-trip-friendly comfort offer strong appeal for retirees who plan to travel more.
New or Used Hyundai IONIQ 5
- New starting price: $35,000
- Average used price: $26,126
Musson said several electric SUVs, including the IONIQ 5, are likely to see price reductions as the electric vehicle (EV) market adjusts without federal tax credits. Hyundai has already lowered the 2026 IONIQ 5’s starting price to about $35,000, according to the automaker, a notable drop from earlier model years (around $41,000 according to Edmunds). Its quiet cabin, lower maintenance needs and easy driving feel make it an appealing option for retirees.
Used BMW X5
- Average used price: $37,200
Industry depreciation research from iSeeCars and CarEdge shows that luxury SUVs like the X5 lose a significant share of their value within the first three years, often more than mainstream models. For retirees who want a smoother ride and stronger seat support without paying luxury-new pricing, a three-year-old X5 in 2026 could offer substantial value.
Used Mercedes-Benz GLE
- Average used price: $45,737
Depreciation rankings from iSeeCars consistently place the GLE among the luxury SUVs with the steepest early value drops. That trend can work in favor of retirees seeking comfort and refinement at a lower cost. A three-year-old GLE typically delivers a quiet cabin and well-tuned suspension at a fraction of its new price.
Used Audi Q7
- 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 year three. For retirees who prioritize ride comfort, safety ratings and long-distance stability, a discounted Q7 in 2026 could be one of the better buys in the luxury space.
Editor’s note: Used car prices were sourced from CarGurus.com. New car prices were source directly from vehicle’s respective maker.
More From GOBankingRates
