In recent years, with the expansion of the SUV market, Toyota’s new SUV, the Crown Sport , has been gaining attention. Many people are considering purchasing one due to its stylish design and driving performance. However, when it comes to such a large purchase as a car, future resale value is a very important factor. For those who want to avoid losing money when selling their Crown Sport or want to know the conditions for high resale value , this article will cover all information regarding Crown Sport resale and provide a thorough explanation of specific points to avoid regrets when selling.
The current situation and future prospects surrounding the resale value of the Crown Sport
Whenever a new car is released, its resale value is always a hot topic. Popular models like the Crown Sport are especially in high demand in the used car market, and tend to have high resale value. However, resale value is always subject to change and is influenced by various factors.
Trends in the new and used car market
Currently, the new car market is experiencing production delays due to a shortage of semiconductors, which is lengthening delivery times for new cars. This has led to a stagnation in the supply of new cars to the used car market, and the demand for high-quality used cars is on the rise. The Crown Sport is no exception, and as more people give up on buying new cars and consider buying used ones, there is a good chance that used car prices will remain high.
However, the major trend of shifting to electric vehicles (EVs) cannot be ignored. As the government’s decarbonization policies and automakers’ shift to EVs accelerate, we must also take into account the impact this may have on the used car prices of gasoline-powered vehicles in the future. However, because the Crown Sport is a hybrid vehicle with excellent fuel efficiency, it is likely to maintain high demand for a certain period of time, even if the transition to EVs progresses rapidly.
Restructuring the Crown brand and its impact on resale
Toyota has restructured the Crown brand in recent years, offering a variety of body types, including not only sedans but also SUVs and crossovers. This has expanded the Crown brand’s customer base and made it more appealing to a wider range of people. The Crown Sport is part of this strategy, and is positioned as a younger, sportier model that differs from the Crown’s previous image.
The success of this brand strategy is expected to have a positive impact on the resale value of the Crown Sport. By stimulating demand not only from existing Crown users but also from new demographics, the car will become more competitive in the used car market, and as a result, it is expected to sell for a higher price.
Crown Sport resale rate forecast: Based on the example of the Crown Crossover
According to information from Ucarpack, the Toyota Crown Crossover Hybrid, part of the Crown series, has a very high resale rate of 71.45%. The Crown Sport is also a new SUV in the Crown series and is a hybrid model, so the data for the Crown Crossover is very useful for predicting the resale value of the Crown Sport.
The Crown Crossover maintains a high resale rate due to the reliability of the Toyota brand, the power of the Crown brand, and the high fuel efficiency of its hybrid. The Crown Sport also combines these elements and has the unique appeal of a sporty design, so it is expected to have a similarly high resale rate. Specifically, it is quite possible that the residual value will exceed 70% three years after purchasing a new car, which is a very high level compared to many other car models.
Domestic SUVs and cross-country vehicles
| Ranking | Car model | Residual value rate (after 5 years) |
|---|---|---|
| 1st place | Toyota Land Cruiser 70 | 104.36% |
| 2nd place | Land Rover Defender | 89.20% |
| 3rd place | Toyota Land Cruiser | 82.71% |
| 4th place | Toyota Land Cruiser 250 | 82.71% |
| 5th place | Toyota Corolla Cross | 81.88% |
| 6th place | Lexus LBX | 81.05% |
| 7th place | Toyota Harrier | 78.64% |
| 8th place | AMG G | 78.50% |
| 9th place | Suzuki Jimny | 78.02% |
| 10th place | Toyota Raize Hybrid | 75.04% |
| 11th place | Toyota Raize | 73.75% |
| 12th place | Toyota Crown Crossover Hybrid |
71.45% |
SUV and cross-country vehicle resale value rankings
Reference: Ucarpack SUV/Cross-Country Resale Value and Residual Value Rate Ranking
Estimated resale value by age
On average, a car’s resale value is around 50-60% after three years .
Resale value = Purchase price/New car price (%)
| Number of years passed | Estimated resale value |
| 3 years after new car | 50% to 60% |
| 5 years later | 40% to 50% |
| 7 years later | 20% to 30% |
| 10 years later | 5% to 10% |
Source: Navikuru
Conditions for selling that maximize the resale value of the Crown Sport
When selling a Crown Sport, it is important to meet several conditions in order to get the highest possible value. Here we will explain in detail the specific points to keep in mind to maximize resale value.
1. The importance of choosing the right grade
The Crown Sport is available in multiple grades, each with different equipment and prices. Choosing the grade is a very important point when considering resale value. Generally, mid- to high-end grades are the most popular on the used car market.
Specifically, the ” SPORT Z ” grade, which has a high sales volume and is well-equipped, boasts stable popularity in the used car market. Entry-level grades are attractive when purchasing a new car because of their low price, but demand tends to be sluggish when it comes to resale due to insufficient equipment. Conversely, the highest grades are expensive new, so the buyer base is limited in the used car market, and in some cases resale value is sluggish.
However, with new cars like the Crown Sport, the highest grades will likely drive initial demand and there is a chance they will be traded at high prices. When considering a purchase, it is wise to carefully choose a grade, not only by looking at current market trends but also by predicting future demand.
2. Select a body color that has a good resale rate
A car’s body color is one of the factors that greatly influences its resale value. Generally, “standard colors” such as white, black, and silver are universally popular in the used car market and tend to have high resale values. This is because these colors are in demand from a wide range of people because they are less likely to show dirt and can be easily adapted to any scene.
The Crown Sport is no exception. The following colors are particularly popular.
- Precious White Pearl (additional color): White is easy to match with any car and has a clean look, making it extremely popular in the used car market. Because it is an additional color, the cost of purchasing a new car will be higher, but the car will also be valued higher at resale.
- Precious Black Pearl (additional color): Like white, black is a classic color and is always in demand because it gives a luxurious and sharp impression. This color also requires an additional fee, but it is well worth considering if you are considering resale value.
In addition to these standard colors, gray-based colors have been gaining popularity in recent years. Colors such as “Precious Metal,” available on the Crown Sport, give off a calm yet sophisticated impression and are popular with a wide range of age groups.
On the other hand, bright primary colors and distinctive two-tone colors are popular among certain demographics, but because demand is limited, they tend to have low resale value. However, depending on the design concept of the Crown Sport, there is a possibility that two-tone colors may actually be valued as unique. When purchasing, it is important to research in advance which colors are popular on the used car market.
3. Make smart choices between manufacturer and dealer options
Manufacturer and dealer options not only increase the convenience and comfort of your car, but also affect its resale value. However, not all options increase resale value.
Factory options that may increase resale value:
- Safety equipment (Safety Sense): The latest safety driving support systems are becoming increasingly important every year, and are also a point of emphasis for used car buyers. In particular, radar cruise control, lane keeping assist, blind spot monitors, etc. tend to lead to high ratings.
- Navigation system (T-Connect SD navigation system): The latest navigation systems not only enhance entertainment value but also convenience. However, original manufacturer navigation systems tend to be more highly rated than aftermarket systems.
- Sunroof: Sunroofs create a sense of openness and luxury, making them very popular among some segments of the market. Large-opening panoramic roofs in particular are rare on the used car market, and can fetch high prices.
- Genuine leather seats: Genuine leather seats, which are often available in higher grades, enhance the luxurious feel of the interior and contribute to resale value. However, they also have the disadvantage of being easily stained and scratched, so it is important to take care of them.
Factory options that have little effect on resale value or are subject to mixed reviews:
- Specific design packages: Unique design packages are subject to personal preference and may not have a significant impact on resale value.
- Large diameter wheels: They give a stylish impression, but they can affect ride comfort and fuel economy, so opinions are divided.
Dealer options:
Dealer options range from relatively inexpensive items such as floor mats and side visors to rear seat monitors and dash cams. These are convenient to have installed when purchasing a new car, but they do not necessarily translate into positive value when reselling.
In particular, dealer options that are less versatile and items that can be added later tend not to contribute much to resale value. On the other hand, items that are in high demand, such as dashcams and ETC in-vehicle units, may be appreciated. When purchasing, it is also effective to consult with the dealership staff about which options will contribute to resale value.
4. The best balance of mileage and model year
The mileage and age of a car are factors that directly affect its resale value. Generally, the lower the mileage and the newer the car, the higher the resale value.
- Mileage: Cars with low mileage are traded at higher prices because they are considered to have less wear on parts and a lower risk of breakdowns. The ideal annual mileage is less than 10,000 km. In particular, you should be careful when the mileage exceeds milestones such as 30,000 km, 50,000 km, and 100,000 km, as resale value tends to drop significantly.
- Model year: Newer models tend to have the latest features and equipment, making them more popular in the used car market. In particular, there is a high demand for cars from the final model year before a model change, before they become obsolete.
However, if the model year is too new, the price difference between new and used cars is still small, and the car’s appeal as a used car may be diminished. Generally, the third, fifth, and seventh years after new car registration coincide with the timing of vehicle inspections, so many people consider selling at these times, and the number of cars circulating on the used car market also increases. By targeting selling at these times, you may be able to sell at a time when supply and demand are in balance.
5. Regular maintenance and record keeping
Taking good care of your car and performing regular maintenance is extremely important to maintaining its resale value.
- Regular inspections and maintenance: Cars that have undergone the manufacturer-recommended regular inspections and vehicle inspections are considered to be in good condition and are valued at a higher price.
- Keep maintenance records: Maintenance records are like a “car health certificate” that lists the car’s maintenance history. If you keep a record of inspections and maintenance at an authorized dealer, buyers can purchase with confidence, which will have a positive effect on the appraisal value. Be sure to keep all maintenance records carefully and be prepared to present them when selling.
- Interior and exterior cleanliness: Scratches and dents on the exterior, stains on the interior, and cigarette odors can significantly lower the appraisal value. It is important to wash and clean the car regularly to keep it in a clean condition. In particular, attention should be paid to stains and scuffs on the seats and sun damage on the dashboard, as these are easily noticeable.
Reasons for poor resale value and countermeasures
While the Crown Sport has a promising resale value, there are some cases where it feels like it has poor resale value. Here we will explain the reasons for this and specific countermeasures.
1. High new car prices and depreciation
The Crown Sport is a relatively expensive model within the Crown brand. Cars with high new car prices tend to have a large depreciation rate, which means their value drops significantly the moment you buy them. In particular, if you sell a car immediately after purchase, the drop in value from the new car price will be large, increasing the likelihood that you will feel like you’ve lost money.
Solution: Instead of selling a new car immediately after purchasing it, keep driving it for a certain period of time (about 3 to 5 years). This will flatten the depreciation curve and potentially reduce your losses. You can also make up for the depreciation by meeting several of the conditions mentioned above for increasing resale value.
2. Market oversupply
If a popular car model increases supply to the new car market or the number of cars circulating in the used car market suddenly increases, it can lead to an oversupply and cause used car prices to fall. In particular, before a model change or minor change is made, the supply of older models increases, which tends to temporarily lower resale values.
Countermeasure: It is important to keep an eye on trends in the used car market and determine the best time to sell. One option is to frequently check information about model changes and the number of Crown Sports in circulation on used car information sites, and consider selling before the price drops.
3. Unique designs and colors
The Crown Sport is characterized by its sleek coupe-SUV style, but there is a possibility that this unique design may not be well-received by some segments of the market. In particular, if design preferences differ compared to regular cars, demand in the used car market may be limited, and resale value may stagnate.
Also, as mentioned above, while bright primary color body colors and very unique two-tone colors are popular among certain groups, overall demand for them is low, which can result in lower resale value.
Solution: If you are considering selling your car in the future, we recommend choosing a standard body color that is popular with everyone or a relatively simple grade. If you really want to choose a unique design or color, you need to consider the possibility that the resale value may decrease.
4. Accident and repair history
Cars with a history of accidents or repairs mean that there has been damage to the car’s frame, which can affect safety and driving performance, and therefore are valued significantly lower in the used car market. Even if the car has been repaired, this fact will affect its resale value.
Countermeasures: The most important thing is to drive safely and avoid accidents. Even if you do get into an accident, it is important to have the car repaired at an authorized repair shop and keep a record of the repair history to reduce the impact on resale value as much as possible.
5. Smoking cars and pet odors
If you smoke in your car or frequently have pets in the car, the smell of cigarettes or pets can permeate the interior of the car. These odors are very difficult to eliminate and can be a major negative factor for buyers.
Countermeasures: Refrain from smoking inside the car, and if you have pets in the car, use pet seat covers to prevent odors from seeping in. It is also a good idea to consider having the interior of your car professionally cleaned before selling it.
What colors have a high resale rate? A thorough comparison
The choice of body color is very important when considering the resale value of the Crown Sport. Here we will go into more detail about colors that have a good resale rate.
The strengths of classic colors
1. Precious White Pearl (additional color) This is a well-known and ever-popular color. White colors always boast high resale value for any vehicle model. For the Crown Sport, White Pearl highlights its sleek body lines and combines a clean, elegant look, making it popular with a wide range of customers and the most advantageous option for resale. As it is an additional color, it will cost more when purchasing a new car, but this tends to be reflected in the resale value.
2. Precious Black Pearl (additional color) Along with White Pearl, black is another classic color that is known for its high resale value. The Crown Sport’s black creates a sense of luxury and strength, giving it an urban feel. Black looks particularly good on the Crown Sport, with its sophisticated design, and gives it a cool impression. However, it has the disadvantage of showing scratches and dirt easily, so regular car washes and maintenance are important. This is also an additional color, but it is highly recommended if you are considering resale.
A color that has become increasingly popular in recent years
3. Precious Metal Gray colors have been gaining popularity in recent years. The Crown Sport’s “Precious Metal” is a metallic gray that gives off a calm yet sophisticated impression, and is popular with a wide range of age groups. It also has the practical aspect of not showing dirt easily, making it one of the colors that is expected to have a high resale value in the future. It is especially popular with people who are tired of the traditional standard colors but want to avoid unusual colors.
4. Emotional Red II (Additional Price) Red colors generally tend to have a lower resale value, but in recent years, deep metallic reds and solid reds have become popular among certain demographics. The “Emotional Red II” color available on the Crown Sport, as its name suggests, is a vivid, deep red that appeals to the emotions and accentuates its sportiness. It complements the Crown Sport’s unique design and will appeal to those who want to stand out from the crowd. However, because it is a color that is only popular among a specific demographic, it may not enjoy the same stable demand at resale as standard colors. Because it is an additional price, you need to consider the balance between the cost of purchasing a new car and the demand at resale.
Colors that tend to have low resale value
Bright primary colors and distinctive two-tone colors generally tend to have low resale value. This is because preferences tend to be divided and the buyer demographic is limited. For example, bright blues and greens, or two-tone colors with very strong contrast, may be attractive when purchasing a new car, but demand for them may be sluggish in the used car market.
However, depending on the design concept of the Crown Sport, there are cases where a particular two-tone color is actually appreciated as being unique. However, as a general rule, if resale value is your top priority, it is safer to choose a standard color.
Determine the best time to sell your Crown Sport
Choosing the right time to sell is crucial to maximizing resale value.
1. 3, 5, and 7 years after new car registration
As mentioned in the section on the relationship between a car’s model year and resale value, the third, fifth, and seventh years after new car registration coincide with the timing of the first, second, and third vehicle inspections, respectively. This is also the time when many people consider replacing their car, as vehicle inspection and maintenance costs increase. As a result, the number of cars circulating on the used car market increases, increasing the chances of selling at a balanced supply and demand.
In particular, in the third year, many cars still have low mileage and are in good condition both inside and out, so you can expect a high price. In the fifth year, many cars have mileage of around 50,000 km, and from this point on, resale value tends to drop significantly, so this is a good time to consider selling.
2. Be aware of model changes and minor changes
Information about car model changes and minor changes has a significant impact on resale value. When a new model is released, the value of the current model tends to decrease, so it is wise to consider selling your car before or immediately after the model change announcement.
In particular, when a full model change occurs, the value of the old model drops significantly. In the case of a minor change, if it is only the addition of equipment or a partial change to the design, it may not have a big impact, but the new model may still be seen as more attractive, which could result in a drop in resale value.
It is important to keep up with not only Toyota’s official announcements, but also automotive media and information sites to see if there are any rumors of model changes or minor changes to the Crown Sport.
3. Sell your car while it is still in its inspection period
Cars whose vehicle inspection is about to expire tend to be avoided by buyers because of the separate vehicle inspection costs. By selling while the vehicle inspection period is still in effect, buyers can get started right away, and there is a chance that the car will be valued higher. It is ideal to sell the car when the vehicle inspection period is still in effect and there is a year or more remaining.
4. Consider when to pay your car tax
Automobile tax is levied on the car owner as of April 1st each year. Therefore, by selling your car in March, you will not have to pay automobile tax for the following year. However, March is also the end of the fiscal year accounting period, so the used car market is booming with last-minute demand. This increases the chances of selling at a high price, but also increases competition, so you may not have time to carefully compare and consider options.
Specific selling methods to sell your Crown Sport for a high price
How you sell your car is also important in order to maximize resale value.
1. Request appraisals from multiple buyers (use a bulk appraisal site)
The most important thing is to request appraisals from multiple dealers and compare them. Different dealers have different appraisal standards and specialize in different car models, so the appraisal value often varies greatly.
In recent years, online bulk appraisal sites have become extremely convenient. You can request appraisals from multiple companies with a single input, and compare multiple quotes from the comfort of your own home. This makes it possible to find the company that offers the highest price.
However, when using a bulk appraisal site, you may receive calls from many companies, so you need to be prepared to some extent.
2. Comparing trade-ins at dealerships and buyers
You can trade in your current car when purchasing a new one, but dealerships generally offer lower trade-in prices than specialized dealerships. This is because dealerships’ main purpose is to sell new cars, and they often view trade-ins as merely part of their service.
Therefore, we recommend that you first ask a dealer to appraise your car and compare the valuation with the dealer’s trade-in price. If the dealer offers a higher price, you are more likely to make a profit overall by selling it to the dealer and purchasing a new car separately.
3. Private sales are not recommended
You can also sell your items privately using flea market apps or person-to-person sales sites. This method does not require any brokerage fees, so you may be able to sell for a higher price than if you sold to a buyer.
However, private selling carries many risks.
- The hassle of changing the name: The name change procedure is complicated, and any errors can cause problems.
- Risk of payment collection: There is a risk that payment from the buyer will not be made or will be delayed.
- Dealing with complaints: If a problem with the car is discovered after the sale, you may be forced to deal with complaints from the buyer.
- Creating a contract: To avoid any problems, it is important to create a proper sales contract.
- The hassle of test driving and inspecting the actual vehicle: Coordinating schedules with the buyer and managing risks during test drives takes time.
Considering these risks, selling to a specialized buyer is generally safer and less hassle, and will often result in a more satisfying sale.
4. Prepare thoroughly before selling
Making sure your car is in the best condition possible before the appraisal will directly lead to a higher appraisal value.
- Washing the car and cleaning the interior: Simply removing dirt from the exterior and thoroughly cleaning the interior will make a big difference to the appraiser’s impression. Be sure to clean especially under the floor mats and in the gaps between the seats.
- Organize your belongings: Removing all personal belongings from the vehicle and tidying it up will make it easier for the appraiser to thoroughly inspect the vehicle.
- Eliminate odors: If there is a smell of cigarettes or pets, try to eliminate it as much as possible by using deodorizing sprays and ventilating the area.
- Repairing minor scratches: If the scratches are minor, you can reduce their impact on the appraisal value by making them less noticeable with commercially available compounds. However, you should be careful not to make the scratches worse by trying to repair them yourself.
- Check accessories: Make sure you have all the items that came with the car when you purchased it, such as the smart key, instruction manual, maintenance notebook, spare tire (if you have one), original tools, etc. If these items are missing, the appraisal value may be lower.
- Prepare a maintenance record book: Have a maintenance record book showing the inspection and maintenance history ready so that you can present it when selling.
Summary: How to maximize the resale value of your Crown Sport
The Crown Sport is Toyota’s new flagship SUV and is attracting a lot of attention and popularity. Therefore, it can be said to be a vehicle that can be expected to have a high resale value in the future. Looking at the example of the Crown Crossover, it is especially likely that the Crown Sport will maintain a high resale rate. However, in order to avoid regrets when it comes time to sell, it is important to not just drive the car, but to also make strategic preparations.
The points explained in this article can be summarized as follows:
- Choosing the grade: Consider mid- to high-end grades that are popular in the used car market, and also take into account the level of equipment.
- Body color: Choose from classic colors such as Precious White Pearl, Precious Black Pearl, and Precious Metal.
- Options: Select popular manufacturer options such as safety equipment, genuine navigation, and sunroof.
- Mileage and model year: Keep mileage low and consider selling the car three to five years after new car registration.
- Maintenance: Perform regular inspections and maintenance, keep a maintenance record book, and keep the interior and exterior in good condition.
- Timing of sale: Decide the best time to sell before a model change or minor change, while the vehicle inspection is still due, and also take into account when the automobile tax payment is due.
- How to sell: Request quotes from multiple buyers and choose the one that offers the highest price. Don’t forget to compare the price with dealership trade-ins.
By following these tips, you should be able to sell your Crown Sport for a higher price and efficiently save up funds for your next car. Enjoy your Crown Sport to the fullest while making smart choices that also take into account future sales.
