This applies to all vehicle segments, from sports cars to SUVs, big and small, the latter of which we'll be focusing on today as we unpack ten small SUV models with the best resale values currently on sale in Australia.
Before we jump into the numbers, let's take a closer look at our simple formula on how to calculate vehicle depreciation, take a look at ten of the best-selling small SUVs and their depreciation figures and wrap it all up with some general advice on how to minimise vehicle depreciation.
How to Calculate Vehicle Depreciation
There's a pretty simple way to put vehicle depreciation into a percentage figure - all you need is the price of the vehicle brand new and the current market value.
From here, you take the new car price and subtract the current value, which gives you the price difference, then you divide the difference by the new car price and multiply by 100.
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Example: $45,000 (new car price) - $25,000 (current market value) = $20,000 difference
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$20,000 / $45,000 x 100 = 44.44% depreciation percentage
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Request a quote10 Small SUVs with the Best & Highest Resale Values in Australia
For the most relevant dataset possible, we've compiled a list of the ten best-selling light and small SUVs currently on sale here in Australia in 2025.
We'll be comparing brand-new price tags with their three-year-old equivalents, giving us a clear picture of which small SUVs depreciate the least and which perform the worst when it comes to resale values.
To source our list of best-selling small SUV models, we'll use the latest VFacts report from the FCAI while sourcing current market values via Redbook data.
With those, we'll be able to present you with a list of depreciation rates and current resale values for the ten most popular small SUVs currently on sale.
Suzuki Jimny GLX Manual
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Price Brand New: $31,990 (MY22)
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Current Price Guide: $27,700
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Price Difference: $4,290
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Depreciation Rate: 13.41%
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Resale Rating: A+
Mazda CX-3 Maxx Sport FWD
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Price Brand New: $28,140 (MY22)
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Current Price Guide: $23,925
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Price Difference: $4,215
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Depreciation Rate: 14.97%
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Resale Rating: A
Toyota Corolla Cross GXL 2WD Hybrid
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Price Brand New: $40,230
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Current Price Guide: $34,075
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Price Difference: $6,155
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Depreciation Rate: 15.29%
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Resale Rating: A
Toyota Yaris Cross GXL 2WD
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Price Brand New: $29,990 (MY22)
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Current Price Guide: $25,025
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Price Difference: $4,965
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Depreciation Rate: 16.55%
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Resale Rating: A
Hyundai Venue Elite Automatic
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Price Brand New: $27,540 (MY22)
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Current Price Guide: $21,500
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Price Difference: $6,040
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Depreciation Rate: 21.93%
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Resale Rating: C
Kia Stonic Sport Automatic FWD
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Price Brand New: $26,790 (MY22)
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Current Price Guide: $20,475
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Price Difference: $6,315
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Depreciation Rate: 23.57%
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Resale Rating: C
Hyundai Kona Elite Auto 2WD
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Price Brand New: $31,900 (MY22)
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Current Price Guide: $23,750
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Price Difference: $8,150
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Deprecation Rate: 25.54%
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Resale Rating: C
Nissan Qashqai ST+ FWD
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Price Brand New: $37,890 (MY23)
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Current Price Guide: $25,500
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Price Difference: $12,390
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Deprecation Rate: 32.69%
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Resale Rating: C-
MG ZS Excite Auto 2WD
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Price Brand New: $22,990 (MY22)
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Current Price Guide: $15,425
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Price Difference: $7,565
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Depreciation Rate: 32.90%
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Resale Rating: C-
GWM Haval Jolion Lux
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Price Brand New: $33,990 (MY22)
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Current Price Guide: $19,575
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Price Difference: $14,415
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Depreciation Rate: 42.40%
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Resale Rating: D
Which Small SUVs Have the Highest Resale Value?
As you can see from all the data above, the Suzuki Jimny tops the list of small SUVs with the best resale values, followed closely behind by the Mazda CX-3, the Toyota Corolla Cross and the Toyota Yaris Cross.
While it's not a perfect dataset, it does give us a pretty clear picture of which small SUVs hold their value better than others in the ever-competitive segment.
What's particularly interesting is that the list of best-selling small SUVs and those with the lowest depreciation rates, therefore more likely to hold the highest resale value, was almost perfectly correlated.
This means that both the market and individual buyers are well-aware of both the impact of vehicle depreciation within the small SUV segment and which models are less likely to depreciate, with social proof holding a lot of weight when it comes to resale values.
How to Minimise Vehicle Depreciation and Maximise Resale Value
There are a number of simple steps you can take, both in the process of researching and picking your vehicle and during the ownership period, that can help to maximise your resale value.
These include things like:
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Opting for a hybrid or fuel-efficient version
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Sticking with a plain colour
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Spending a little extra on a mid-spec version
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Always servicing on time and with a reputable mechanic
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Sticking to the manufacturer's recommended log book servicing recommendations
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Protect the paint work by parking undercover, when possible
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Keep the interior clean
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Avoid aftermarket accessories or modifications
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If you're looking to upgrade, our team of car-buying experts is waiting to help get you the best possible deal on your next car… reach out today.
Get in touch with one of our Car Buying Specialists today.
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