Sports Utility Vehicles Pros, Cons and Market Value
If you ask a person what kind of a car they want, chances are they will say that they’d like an SUV. Sounds fancy but exactly is it?
SUV which is the short form for Sports Utility Vehicle is a car that decided to combine two important factors into one car. The two factors being a powerful engine and great seating capacity. This combination has proved to be a hit with several people adding this to their wish lists. Sports Utility Vehicles are classified based on dimensions. They are Full-sized, compact and mid-sized Sports Utility vehicles. But what exactly is all this excitement about? What about Sports Utility Vehicles is so engaging and popular that everyone seems to want one?
Better view
Since Sports Utility Vehicles are designed to be taller and upright, the driver gets a higher seating position thereby giving them a great view of the road up ahead. This can help with changing lanes, looking for potholes or other obstructions, and not to mention, finding open parking slots which we believe is the best feature one can get.
Take on more luggage
If you are off on a road trip, there is nothing more important than having enough space to store luggage. Especially when traveling with family, Sports Utility Vehicles are perfect when it comes to this by giving you more than enough space to carry not just basic luggage but even a little extra if need be.
Unbeatable Gas Mileage
The recent Sports Utility Vehicles models have improved their fuel mileage while ensuring that the horsepower and performance of the car remain intact.
More people
If you are a big family, there can be nothing better than having a car with great seating capacity. Sports Utility Vehicles can easily fit up to 9 people without any discomfort. The kind of comfort you will find while traveling in such numbers in a Sports Utility Vehicle cannot be found in any other type of vehicle. Not to mention, despite the big number, your car will still look big enough to make it seem like there aren’t even 9 people in the vehicle.
Works through all weathers
Irrespective of how slippery or bumpy a road is, your travel in a Sports Utility Vehicle is bound to be smooth despite this. Such is the beauty of these vehicles.
Are there any cons?
Cost
If you plan to buy a Sports Utility Vehicle, be ready to shell out a load of money. With the kinds of features available in such cars, the cost of it is bound to be on the higher side.
Not environment friendly
Since Sports Utility Vehicles consume more fuel, it is obvious that they will also emit quite a lot of CO2 thereby making them not very environmentally friendly.
High servicing cost
Due to the vehicle being bigger, the added weight of the vehicle will put an extra strain on the tires and brakes thereby resulting in quicker wear and tear followed by you shelling out a lot of money frequently to get it fixed.
Market value and potential
As per a marketing report published by Stallion market research, the global Sports Utility Vehicles sales is estimated to reach 48 million units by the year 2025, with a compound annual growth rate of 8.23%.
As per an industry analysis, it is said that growing demand for comfort and increasing awareness of how amazing these vehicles are will prove to be some of the major reasons that will contribute towards increasing its growth in the market.
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