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Best used SUVs under $40,000 in New Zealand

Used SUVs in New Zealand with a median asking price under $40,000, among models with plenty for sale, the most listed first.
Best used SUVs under $40,000 in New Zealand
#Model and cars it is based onFor sale
1Toyota Corolla
Median asking price $19,000, keeps 73% of its price from 1 to 2 years old to 4 to 6
about 1,600 cars
2Mitsubishi Outlander
Median asking price $24,000, keeps 63% of its price from 1 to 2 years old to 4 to 6
about 1,300 cars
3Toyota Rav4
Median asking price $37,000, keeps 77% of its price from 1 to 2 years old to 4 to 6
about 990 cars
4Mazda CX-5
Median asking price $22,000, keeps 69% of its price from 1 to 2 years old to 4 to 6
about 990 cars
5Nissan X-Trail
Median asking price $16,500, keeps 44% of its price from 1 to 2 years old to 4 to 6
about 900 cars
6Toyota C-HR
Median asking price $25,000, keeps 65% of its price from 1 to 2 years old to 4 to 6
about 750 cars
7Subaru XV
Median asking price $16,000
about 640 cars
8Subaru Outback
Median asking price $20,000, keeps 86% of its price from 1 to 2 years old to 4 to 6
about 480 cars
9Subaru Legacy
Median asking price $9,500
about 420 cars
10Hyundai Santa FE
Median asking price $23,000, keeps 54% of its price from 1 to 2 years old to 4 to 6
about 410 cars
11Kia Sportage
Median asking price $21,000, keeps 64% of its price from 1 to 2 years old to 4 to 6
about 400 cars
12Volkswagen Tiguan
Median asking price $24,000, keeps 67% of its price from 1 to 2 years old to 4 to 6
about 390 cars
13Toyota Highlander
Median asking price $39,500, keeps 74% of its price from 1 to 2 years old to 4 to 6
about 370 cars
14Subaru Forester
Median asking price $15,500
about 370 cars
15Mazda Atenza
Median asking price $13,000
about 360 cars

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How this is worked out

These are asking prices from adverts, not what cars sold for. A model is listed when the median asking price of all its used cars for sale is under $40,000 and it has at least 10 cars for sale, so some of its cars will cost more. Cars with very low kilometres (usually ex-demo) are left out. Where a model has enough cars at 1 to 2 and at 4 to 6 years old, we also show how much of its price it keeps.

Worked out from cars for sale on 15 November 2026. Car counts are rounded and shown as “about”.