The electric vehicle (EV) sales slowdown is real and it is at the moment occurring as we communicate. As quite a few analysts have predicted, whereas gross sales could (or could not) proceed to develop in 2024, that tempo of growth is going to be a lot slower in 2024. In reality, there may even be quarters the place EV gross sales could also be decrease than the prior quarter. The purpose? Most EV buyers have been early adopters, and now in 2024, a lot of the early adopters already personal an EV. The subsequent problem now for the automotive business is to persuade the mainstream purchaser to modify to an EV.

However, that is not going to occur in a single day. The EV shift goes to be sluggish and gradual, and a stepping stone will probably be wanted. Thankfully, that is already existed since 1997 because of Toyota and its various vary of hybrids. What was simply the Prius, Toyota now has a hybrid throughout all automobile segments, and that features actually all of its SUVs.

At the identical time, SUVs and crossovers are all the trend as of late. We additionally know that most hybrids nowadays have the best resale values–even in comparison with vehicles with purely simply an inside combustion engine (ICE). So a hybrid SUV have to be probably the most fascinating automobile in 2024, proper? Yes, certainly! So if you’re seeking to purchase a one-year-old (labeled as barely utilized by iSeeCars) hybrid SUV with the considering that you’re going to be saving some huge cash, this can be a automobile you are really higher off going the brand-new route as a substitute.

In order to provide the most modern and correct info attainable, the information used to compile this text was sourced from numerous producer web sites and different authoritative sources, together with Cox Automotive, iSeeCars, and Toyota.

A Toyota Sequoia Hybrid Has The Best Resale Value

According to iSeeCars, the hybrid SUV with the best resale value is, unsurprisingly, a Toyota. The brand-new three-row Sequoia, to be exact. Remember the half the place the depreciation curve is at its steepest through the first 5 years of possession? Well, that does not appear to be the case with the brand new Sequoia.

It Loses Less Than Five-percent Of Its Value

Cars are not often an funding, and even for the Sequoia, that is nonetheless the case. However, if you wish to take advantage of out of your buck, the new Sequoia, which is solely provided as a hybrid in 2024, solely loses 4.6 % of its worth after a 12 months. This is a automobile we would not advocate getting as barely used because of how little worth it loses in a 12 months, so that you’re higher off in search of the spec you need at a dealership. However, should you handle to discover a one-year-old mannequin that matches your spec, you’ll certainly take pleasure in a tiny quantity of savings–probably one which’s sufficient so that you can go on a vacation.

How It Compares To Other Cars

In the iSeeCars checklist of autos with the least quantity of one-year depreciation, there may be one other automobile that competes in the identical phase because the Sequoia. While the Sequoia is seventh on this checklist, the Chevrolet Tahoe is fifteenth, dropping 8.1 % of its worth in a 12 months. Still good, thoughts you, however versus the Sequoia? The clear winner is clear.

(Data sourced from iSeeCars)

​​​​​​​Thanks to the popularity of SUVs and crossovers, the checklist is unsurprisingly dominated by these autos, together with vans. In reality, out of the 20 autos on this checklist, there are 13 SUVs, vans, and crossovers, with the remaining seven being numerous passenger automotive physique types.

Why The Toyota Sequoia Hybrid Has Strong Resale Values

The Toyota Sequoia does not simply maintain its worth strongly after a 12 months, it is also the top full-size SUV when it comes to five-year depreciation according to iSeeCars. The Toyota Sequoia solely loses 38.7 % of its worth, which is close to the business common of 38.8 %, however is definitely the perfect within the full-size SUV phase.

(Data sourced from iSeeCars)

It’s A Rugged, Full-Size SUV That’s Also A Hybrid

Americans love SUVs and crossovers, extra so if it is a rugged body-on-frame full-size one. Car-based unibody crossovers are the modern-day MPV since these have road-biased dealing with and comparable (however not the identical) practicality because the boring folks carriers it changed, however these autos will not have the off-road functionality {that a} truck-based body-on-frame SUV can do.

If you will discover as properly, the SUV class within the checklist is subdivided into three segments: small, midsize, and full-size. Though there isn’t any small body-on-frame SUV within the United States, there’s a plethora of body-on-frame decisions within the midsize and full-size segments. Take a have a look at the checklist, and you may see that the SUVs in these two dimension lessons which have the least depreciation are body-on-frame rugged ones with a excessive diploma of off-road functionality. Finally, as talked about, as a result of this can be a hybrid, the Sequoia has all the right ingredients to be fascinating to its core buyer base.

And, Finally, It’s A Toyota

Do we have to state the opposite apparent purpose? Apart from having a essentially superior product, it additionally pays to have a model whose repute was constructed by way of years and years of belief and excessive ranges of dependability. Take a glance as soon as once more on the iSeeCars lists (any of their lists, actually) and there is one model that you’re going to see manner too many occasions. That is, after all, Toyota, whose model was identified for making vehicles that will not go away you stranded on the aspect of the highway.

But additionally core to the model’s repute that results in robust resale values is the brand-dealer-customer relationship. Dealers have a two-way relationship with the model, and due to this, it results in optimized seller operations, which then makes sellers in a position to present top-notch customer support.

Toyota has a relationship that transcends the whole auto business. From R&D to manufacturing to the dealership and eventually, the shoppers buying these autos, Toyota takes care of each technique of the automotive enterprise. More than simply having nice merchandise, a model can nonetheless fail if it does not construct a relationship with everybody within the meals chain, however with Toyota, they’ve mastered taking good care of its personal enterprise, in addition to the opposite companies and the folks that depend upon it.

What It’s Like To Live With A Sequoia Hybrid

So you have been satisfied by our article to get a Toyota Sequoia Hybrid? That’s nice! Toyota, we wish our fee now. Just kidding, however anyway, the Sequoia Hybrid is all-new for the 2024 mannequin 12 months. Considering that the earlier Sequoia was round for 14 years, the technological and driving dynamics leap is undoubtedly going to be large. Thankfully, our crew has comprehensively reviewed the Sequoia Hybrid in range-topping Capstone trim, so you possibly can vouch for us in our opinions on what life is like with a brand new Sequoia Hybrid.

A Near-Lexus Experience…

By choosing this range-topping Capstone trim, the inside is as luxurious as a full-size SUV from a non-luxury model can get. In reality, in our opinion, it is nearly nearly as good as a Lexus for a way the premium supplies really feel and the general sheer scale and luxurious that the inside exudes. There’s additionally the elegant but imposing styling that is additionally matched by a well-designed and well-engineered iForce Max 3.5-liter twin-turbo V-6 parallel hybrid drivetrain.

Producing 437 horsepower and 583 pound-feet of torque, this electrified drivetrain sounds good while having a easy demeanor. The engine’s full of torque that is not simply sufficient to haul the Sequoia’s physique, but in addition pull as much as 9,000 kilos. Finally, by going hybrid, it is much more environment friendly than the V-8 it replaces. The earlier Sequoia in rear-wheel drive (RWD) has a 15 MPG mixed EPA-estimated gas financial system determine whereas including four-wheel drive (4WD) drops this to 14 MPG, however the brand new one does 22 MPG with RWD and 20 MPG with 4WD.

… That’s Spoiled By An Unsettled Ride

Unfortunately, spoiling that near-Lexus expertise is its trip high quality. Despite switching to a multi-link rear suspension, the trip is definitely harsher than the earlier Sequoia. Granted, body-on-frame SUVs will not be as comfortable as unibody crossovers SUVs, particularly with most of them having strong rear axles, however with the brand new physique and the extra refined suspension arrange, it is the one side that is spoiling the in any other case serene and stress-free driving expertise.

Finally, although this can be a rather more minor niggle, there isn’t any everlasting four-wheel drive choice out there. What you solely have is the standard 2H, 4H, and 4L settings together with a button for the locking differential, which is completely advantageous for many seasoned off-roaders. For those that need extra nuanced management relying on the terrain and even an computerized everlasting 4WD setting, different SUVs have this functionality.