Does the Mazda CX-5 Have Good Resale Value?
The Mazda CX-5 competes with popular compact SUV models like the Hyundai Tucson, Toyota RAV4, and Honda CR-V. The small SUV is the most refined model in its segment. Does the Mazda CX-5 have good resale value, or does it depreciate quickly?
How many miles can a Mazda CX-5 last?
Mazda began producing the CX-5 back in 2012. Though the nameplate has only been around for about a decade, it has made a major splash in its vehicle segment. The small SUV has earned perfect scores in several reviews from automotive publications like Car and Driver.
Modern SUVs like the Mazda CX-5 should be able to reach the 200.000-mile mark as long as they undergo routine maintenance. If the CX-5 is properly maintained, new models should be able to last the average driver for over 14 years based on the average annual national driving range of about 13,500 miles a year.
The CX-5 isn’t known to have above-average longevity, but the nameplate is still young in comparison to models like the RAV4. Consumer Reports gave the 2022 Mazda CX-5 a 4/5 predicted reliability rating.
What problems do Mazda CX-5 SUVs have?
Recent Mazda CX-5 small SUVs have received few complaints from consumers. The 2016 Mazda CX-5 is one of the most problematic model years in the vehicle’s brief history.
Mazda CX-5 owners with the 2016 model year experienced issues like fragile windshields that would display small cracks unexpectedly. Consumers also complained about the 2016 model year’s daytime running lights. Apparently, the lights would need replacing after a very short period of time.
Ultimately, recent Mazda CX-5 models haven’t had many major mechanical issues that would hurt their resale value. The CX-5 is free of serious problems, and the small SUV is only improving year after year.
Is the Mazda CX-5 worth buying?
The Mazda CX-5 is one of the most luxurious small SUVs on the market. Its upper-level trims offer even more opulent features. The Mazda CX-5 starts at $25,900. It uses a 2.5-liter four-cylinder engine to make 187 horsepower. The small SUV achieves 24 miles per gallon in the city and 30 miles per gallon on the highway.
Mazda’s small SUV is definitely worth buying for consumers that enjoy the finer things in life. It offers a refined cabin for an affordable price and plenty of attractive standard features. Models like the CX-5 and Hyundai Tucson and giving popular models like the CR-V and Toyota RAV4 a run for their money.
As for resale value, the 2017 Mazda CX-5 had an MSRP of $24,045. According to Kelley Blue Book, the 2017 Mazda CX-5 has a fair market value of $17,993 with under 73,000 miles. This model has lost over 25% of its initial value over a five-year period. The CX-5 retains its value fairly well, but don’t expect it to age as well as market anomalies like the Toyota Tacoma.