The Kelley Blue Book started publishing the Official Residual Value Guide since 1981 and on the basis of its findings, the firm established its annual Best Resale Value of Awards. The award judges the vehicles on the basis of sustained value over fist five years of ownership. The 2014 awards saw the 2013 FJ Cruiser topping the list. It was showed to have a depreciation rate of just 24% in three years and that of 37% in five years. The SUV has showed maximum retention among non-collectible models, reported the Automotive News in an article published on November 15, 2015. If you are a privileged owner of this car, here are some reasons why you should be proud of it!
A Gearhead's Pride
Designed as a tribute to the original Land Cruiser, this off-roader was an old-school SUV was made in Japan since 2006. It had a retro appeal but came in a rough and tough package. Toyota has been the favourite maker of automobiles in Saudi Arabia, especially because of the suitability of its vehicles to the tough terrain of the region and of these, the has held a special spot. While it has been discontinued in US market as of 2014, it continues to be in production in the GCC.
NADA Used Car Guide data said a base, typically equipped 2012 version of the car, which had a sticker price of $27,840, had an average trade-in price of $25,275 from August through October 2015 representing 90.8 percent of its sticker price. In comparison, a Wrangler from the same year holds a value of 68.1% of its original price. While other SUVs may sell in higher numbers, the Cruiser has been a consistent world-best number 5 and the lowest depreciation rate, overall making it an exclusive vehicle to possess.
In the GCC the Cruiser has been available 2008 and has a 4.0 litres V6 4WD engine, a 6M/5A gearbox, which generates 270hp power and 380nm torque, reaching a top speed of 180 kms/ hr. It can reach a speed of 100km/hr in a mere 8 seconds. While the general safety features of the vehicle includes front air bags, ABS and vehicle stability control, in Saudi Arabia it also comes with side air bags as well.
2015 saw a Limited edition of 200 FJ Cruiser Streets, with some external accessories and holding a 4.0 litre V6 with 260HP and 271 lb-ft of torque. This is known as the Street Edition of the car, as it has limited off-road capabilities. However, it promises to be a great investment like its predecessors in terms of its resale value.