Demand for SUVs ‘still strong’

Demand for sports utility vehicles (SUVs) is still healthy despite the fact that they have been criticised by many for the impact they have on the environment.

According to EurotaxGlass’s, publishers of the Glass’s guide to used-car values, the impact that the negative publicity around SUVs has had on the market has been negligible.

Richard Crosthwaite, prestige car editor at EurotaxGlass’s, said: "Dealerships have not been reporting any meaningful drop-off in demand for prestige SUVs, with sales of new and used examples currently in line with what we saw at the same point last year.

"Given the investment required to purchase and run this type of vehicle, the scale of the proposed increases in congestion charge penalties and the new road fund duty are unlikely to impact sales significantly."

Running costs could be a concern for buyers, according to Mr Crosthwaite, but this is more likely to lead to an increase in sales of diesel over petrol models, rather than an overall reduction in demand.

Motorists who have bought SUVs should not be panicking about how quickly their car is going to depreciate either, according to EurotaxGlass’s.

The company states that the rate at which these vehicles have been losing value is only slightly worse than that seen in the ‘prestige large’ segment, which includes models such as the BMW 5 Series and the Mercedes E-Class.


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