If you’re on this page, it means you’re interested in one of Lincoln’s SUVs and you’d like to know how much the vehicle depreciates in value.
Table of Contents
We have answers to all you’d love to know about whether Lincoln SUVs hold their value or not.
Let’s start with the numbers!
Also, here are Lincoln car buyer and owner demographics.
Depreciation Per Year for Lincoln SUVs:
- One year old: 6.67% value lost
- Two years old: 16.07% value lost
- Three years old: 24.14% value lost
- Four years old: 32.75% value lost
- Five years old: 44.61% value lost
In relation to the above numbers, assuming the worth of a new Lincoln SUV is $46,595, the vehicle will lose:
- $3,107 after one year of ownership
- $7,487 after two years
- $11,248 at the end of three years of ownership
- $15,259 after four years
- $20,786 at the end of five years of ownership
3 Examples of Lincoln SUV Depreciation
The truth is, Lincoln SUVs fall among the vehicles that depreciate the most. Still, many of the models still fare better than a lot of rivals that include BMW, Audi, and Nissan.
Here are 3 examples of Lincoln SUV depreciation:
1. Lincoln Navigator
The Lincoln Navigator is the brand’s luxury full-size SUV. This vehicle offers enough space, and a powerful engine that gives snappy acceleration.
It is one of the most expensive Lincoln SUVs, with the 2022 model having a base price of $77,635 and the highest MSRP of $109,680.
While cbs17.com ranks the Lincoln Navigator #9 out of 10 cars that depreciate the most, the brand gives it an average 5-year depreciation value of 57.7%.
That is, after 5 years, the value of the vehicle would have decreased by a whopping $44,795 – $63,285. With this, the resale value of this SUV will be around $32,840 – $46,395 after 5 years. That still fares better than many other rival models.
2. Lincoln Aviator
The Lincoln Aviator is another popular SUV model that carries the Lincoln logo. It is one of the brand’s mid-size SUVs that offer a lot of value for the money it attracts.
While the Lincoln Aviator comes with a posh interior and an impressive cargo capacity, its third seat isn’t quite comfortable. Well, this is quite common with many mid-size SUVs that have three rows of seats.
In terms of depreciation, CarEdge claims that the Lincoln Aviator will depreciate by 45% after 5 years. That is, at least, a $24,549 reduction in value for the 2020 Lincoln Aviator.
If we are to relate this with its current resale value, you should note that the average selling price for a used 2020 Lincoln Aviator is around $44,000. That’s about a 16% loss in value when compared with its starting MSRP of $54,554 for the new one.
3. Lincoln Corsair
The Lincoln Corsair is one of the most affordable of the brand’s vehicles. Being a compact SUV, the Corsair can only accommodate up to 5 passengers comfortably.
Regardless of its dull handling and small touchscreen display, this small Lincoln SUV has remained a popular model, probably because of its somewhat fair price.
Edmunds estimates the value of the 2020 Lincoln Corsair to be between $26,942 – and $25,207, depending on the used condition. Note that this may be higher for other trims.
Edmunds also asserts that the total depreciation of the vehicle may be around $18,598 after 5 years if the vehicle is in good condition. That makes up about 51% when compared with the MSRP of the vehicle when it’s new.
Well, the average price of a used 2020 Lincoln Corsair on cars.com is around $35,000, which indicates that this Lincoln model still holds much of its value. This is because its MSRP starts from $38,690.
That said, please check out the best and worst Lincoln Corsair years here.
Do Lincoln SUVs Depreciate Faster Than Other Models/Brands?
Lincoln SUVs fare better than many other rival brands on value depreciation.
Truly, this brand may be struggling with a decreasing market share, while finding success with rental fleets. That doesn’t stop its vehicle from outshining many other rival SUVs in terms of resale values.
While ranking the vehicles that depreciate the most, cbs17.com ranks the Nissan LEAF in the #1 spot among 10 vehicles.
Meanwhile, BMW features the most in the top 5, with Lincoln Navigator only appearing at #9 with a 57.7% average decrease in value after 5 years.
Which Lincoln Models Depreciate The LEAST?
The depreciation rate of most Lincoln SUVs is very similar to one another. That may be because the luxury brand is not one of the most in-demand vehicles in the market.
Anyway, the Lincoln Aviator seems to hold its value the most, losing just around 15% of its worth after 2 years and about 44% of its original MSRP after 5 years of ownership.
Meanwhile, Kelly Blue Book has just given the 2022 Lincoln Aviator the best resale value award for a mid-sized, three-seat luxury SUV. This is because its projected resale value estimates at just 41.5% of its original MSRP after 5 years.
The Lincoln Corsair is also proving to hold its value in the market. This could be because of its budget-friendly price and impressive features.
Although critics have claimed that this vehicle will depreciate as much as the other Lincoln SUVs, Corsair is still doing well in the market.
With just four models on its lineup, only time will tell on the depreciation rate of this compact SUV, though.
Which Lincoln Models Depreciate the MOST?
Here are two Lincoln SUVs that depreciate the most in value:
1. Lincoln MKT (66.1% in 5 years)
The Lincoln MKT is regarded as the one that depreciates the most among all Lincoln SUVs. In fact, this vehicle falls on the #1 spot amongst 10 vehicles ranked by businessinsider.com on depreciation value with a decrease of 66.1% in 5 years.
The car has an average new price of $56,474, but after five years of ownership, the car resales for about $19,123.
This feat may be attributed to the fact that the Lincoln MKT has a lot of competitors that fare better on overall features and performance. In fact, US News ranks the 2019 Lincoln MKT #16 out of 18 2019 luxury midsize SUVs.
Note that after the 2019 model, there have been no newer Lincoln MKT models.
2. Lincoln Navigator (51.9% in 5 years)
Another Lincoln SUV with the highest depreciation is the Lincoln Navigator. Truly, this vehicle offers loads of satisfying features and it beats a lot of its rivals. Well, it equally comes with a higher price.
Navigator, which happens to be the brand’s flagship model, has also lost up to 51.9 percent of its value after 5 years.
While discussing the top vehicles with the highest depreciation value, fordauthority.com notes this about the Lincoln Navigator:
The Lincoln Navigator ranked seventh on this particular list after depreciating 51.9 percent over the past five years on average, with a difference of $41,426 compared to the average MSRP of that model.
Make sure to also check out 5 Lincoln cars with the most recall.
3 Ways to Increase the Value Of Your Lincoln SUV
Most cars depreciate in value by 5 – 15% every year from the first year of purchase. This may not be a concern for you if you plan to own your vehicle forever, but it sure does if you consider reselling it at a point in time.
Fortunately, there are a few ways you can increase the value of your Lincoln SUV. We highlight 3 of these below.
1. Research its resale value
To ensure that your car holds its value, it is important you research its resale value before buying it. While doing this, you should prioritize three aspects:
- Fuel economy
We need not dwell more on how important fuel efficiency is in a car, do we? Of course, a reliable car with good fuel efficiency often gains more popularity than a less efficient one.
So, if the demand for the vehicle is always high, it may hold its value for a long.
2. Maintain proper use
If you know you’ll be using your Lincoln SUV for a short while, ensure you take proper care of it. No one will love to buy a poorly used vehicle, even if the brand is notable for holding its value.
It is therefore important to not compromise on servicing and proper maintenance of your Lincoln SUV to increase its value.
3. Avoid piling up its mileage unnecessarily
Owners of new SUVs often lose some fraction of the vehicle’s value after a short while. However, this doesn’t always happen.
Depending on how well you use your vehicle, you can still sell it for around the amount you bought it if you’ve only driven it for a short mile.
The resale value of an SUV does not only rely on how well you use the car but also on how many miles you’ve used it to cover.
So, if you know you’ll be selling your new Lincoln SUV soon after purchasing it, avoid unnecessary trips to maintain low mileage.