10 Best Used Luxury SUVs That Don’t Cost A Fortune
Luxury SUVs are great, but they tend to cost a lot to buy. The X1 is the cheapest BMW SUV this year, and it still has an MSRP of $43,200; the cheapest Lexus model is the base-trim UX, which has an MSRP of $38,850; and the cheapest Mercedes-Benz SUV in 2026 is the GLA, which has an MSRP of $41,500. They are all excellent luxury SUVs, but these are all the entry-level prices.
CarEdge says luxury brands lose, on average, 50.4 percent of their value over five years. That just means you can get used luxury SUVs, not just entry-level ones, for less than the price of some new luxury models. These are the ten best used luxury SUVs that won’t cost you a fortune, and all have starting used prices of under $40,000.
Models are listed in descending order based on their starting average used price, from the highest to the lowest price.
10
2021 Lexus GX 460
Average Used Price Range: $38,800 – $41,400
As one of the final model years of the Lexus GX 460, the 2021 model has an average used price range that tops out at just under $41,400. Under the hood, you get an overbuilt naturally aspirated 1UR-FE V8 good for 301 horsepower and 329 pound-feet of torque, with power sent to all four wheels via full-time four-wheel-drive. The GX 460 rides on a traditional ladder frame, and despite its luxury breeding, is exceptionally reliable. iSeeCars estimates that the GX 460 has an average lifespan of 204,854 miles, or 16.8 years, and a 53.8 percent chance of reaching at least 200,000 miles.
The 2021 GX 460 is rated 79 out of 100 overall on J.D. Power. There are three trims: the base, the Luxury and the Premium. The base trim has the lowest average used price, and you still get NuLuxe leather upholstery, a nine-inch touchscreen, and dual-zone climate control. The Luxury gets tri-zone climate control, heated and ventilated front seats, and heated second-row seats, while the Premium gets a 17-speaker Mark Levinson audio system, Adaptive Variable Suspension, and semi-aniline leather trim.
9
2023 Genesis GV80
Average Used Price Range: $35,500 – $40,800
The 2023 Genesis GV80 is only three years old, but already has an affordable used price range. The ’23 GV80 is available as the 2.5T, the 3.5T, and the 3.5T Advanced. 2.5T models are equipped with a 2.5-liter turbo-four good for 300 horsepower and 311 pound-feet of torque, and 3.5T models get a 3.5-liter bi-turbo V6 good for 375 horsepower and 391 pound-feet of torque. Both variants are also equipped with AWD as standard.
Both the 2.5T and 3.5T base trims get matte-finish wood trim, ambient lighting, a heated steering wheel, wireless charging, and a 14.5-inch touchscreen paired with a 12.3-inch digital gauge cluster. Advanced models get real leather seating, a heated second row, and a HUD. Overall, owners on Kelley Blue Book rate the ’23 GV80 4 out of 5.
8
2020 Lexus RX
Average Used Price Range: $31,000 – $33,400
Available as a hybrid or gas-engine model, the 2020 Lexus RX offers a good option if you are not completely sold on electrification. RX 350 models are equipped with a 3.5-liter naturally aspirated V6 that shifts out 295 horsepower and 268 pound-feet of torque, while RX 450h models get a 3.5-liter V6 paired with three electric motors. Combined horsepower output here is 308, while engine torque is 247 pound-feet.
There is a good reason why the Lexus RX is popular: it gets most things right. The hybrid option can achieve between 29 and 30 combined mpg, a 12.3-inch touchscreen was originally available, a 15-speaker Mark Levinson sound system was also originally available, and both NuLuxe leather and real leather interior trim are available. Overall, the 2020 RX is rated 84 out of 100 on J.D. Power, while owners rate it 4.1 out of 5 overall.
7
2020 Porsche Cayenne
Average Used Price Range: $29,800 – $59,200
The Porsche Cayenne is one of the most respected mid-sized luxury SUVs ever made, and while the top-end price of just shy of $60,000 isn’t affordable, you can get a 2020 Cayenne base trim for $29,800, an E-Hybrid for $34,900, and an S for $35,100. That means you get a choice between a 335-horsepower 3.0-liter turbocharged V6 in the base trim, a 455-horsepower turbocharged V6 paired with an electric motor in the E-Hybrid, and a 2.9-liter turbocharged V6 good for 434 horsepower and 406 pound-feet of torque in the Cayenne S.
Not only can you buy a plush cabin and powerful engines at a good price, but all models get a Tiptronic S auto transmission, active all-wheel drive as standard, available Porsche Traction Management, available Porsche Torque Vectoring Plus, and multi-drive modes. In short, it is a luxury SUV that doubles up as a sports car.
6
2022 Acura MDX
Average Used Price Range: $29,700 – $40,500
As Honda’s luxury arm, Acura models tend to balance both plushness and Honda-grade reliability. The 2022 Acura MDX is available with either a 290-horsepower/267-pound-foot V6, or a turbocharged V6 good for 355 horsepower and 354 pound-feet of torque in Type S models. 0–60 mph times for the Type S are clocked at around 5.5 seconds, but you will pay the upper end of the average used price bracket for the sportiest flavor.
0–60 mph times for the non-turbo V6 variants are up to 6.3 seconds. All 2022 MDX models ride on an ultra-rigid chassis; double-wishbone front suspension is standard fare, so is a ten-speed auto box, and Super Handling All-Wheel Drive (SH-AWD) was originally available. A 12.3-inch HD instrument cluster and a 12.3-inch touchscreen are equipped, and in the top trims, a 16-speaker ELS STUDIO 3D audio rig is fitted.
5
2022 Genesis GV70
Average Used Price Range: $29,000 – $33,500
There are just two grades of the 2022 Genesis GV70: the 2.5T and the 3.5T. 2.5T models are equipped with a 300-horsepower 2.5-liter turbo-four mated to an eight-speed auto and all-wheel drive, and 3.5T models get a 375-horsepower/391-pound-foot bi-turbo V6. The higher price bracket is for the more powerful 3.5T models, but that still works out as just under $90 per horsepower.
The GV70 is Genesis’ compact luxury SUV, and though it only measures in at 185.6 inches by 75.2 inches, you still get 103.6 cubic feet of passenger space, 41.3 inches of front legroom, 37.2 inches of rear legroom, and maximum cargo capacity of 56.9 cubic feet. Overall, owners who left a review on Kelley Blue Book rate it 4.2 out of 5, 4.6 out of 5 for performance, and 4.8 out of 5 for comfort. In short, it delivers what you want from a used, sporty SUV.
4
2022 Acura RDX
Average Used Price Range: $26,200 – $34,600
In 2022, the Acura RDX was rated number five best compact SUV by Kelley Blue Book. Today, top-end prices are just shy of $35,000, and for that you can get the fully specced-out SH-AWD PMC Edition, which gets you one of a limited run of 200 built. It is equipped with 20-inch Berlina Black wheels, gloss-black roof panels and exhaust tips, Milano leather, a flat-bottom heated steering wheel, a unique Long Beach Blue Pearl paint scheme, which was previously used on the NSX, and Super Handling AWD.
Under the hood of the 2022 RDX is a 2.0-liter turbo-four connected to a ten-speed auto box with paddle shifters. Horsepower output is 272 and torque output is 280 pound-feet. Zero-to-60 times have been clocked at between 6.2 and 6.7 seconds, and top speed is 112 mph. To top it off, the 2022 RDX is rated 78 out of 100 overall and 79 out of 100 for reliability on J.D. Power.
3
2022 Volvo XC90
Average Used Price Range: $25,000 – $33,600
Volvo has always championed quiet luxury, safety, and classy builds. The 2022 Volvo XC90 exemplifies this, and despite the choice of powertrains that include a turbo-four good for 250 horsepower, a turbocharged and supercharged inline-four good for 316 horsepower, and a plug-in twin-charged 2.0-liter with electric motors good for up to 450 horsepower, average prices only top out just under $34,000. That is less than a top-trim 2026 Prius Limited ($36,860).
Four-corner adaptive air suspension was originally available; inside, you get synthetic or Nappa leather upholstery, physical metal controls, a nine-inch touchscreen, Apple CarPlay and Android Auto, and an available Bowers & Wilkins audio rig. What makes it even more appealing is that iSeeCars estimates that the XC90 has an average lifespan of around 133,000 miles, and a 10.5 percent chance of reaching 200,000 miles with proper maintenance.
2
2023 Audi Q5
Average Used Price Range: $25,500 – $35,300
With an owner-rated Kelley Blue Book rating of 4.2 out of 5, and a low-end average used price of $25,500, the 2023 Audi Q5 is the ideal blend of quality and high depreciation rates in the luxury SUV market. All 2023 models get Quattro AWD, and there is a choice between a 201-horsepower turbo-four in the 40 TFSI models, a 2.0-liter mild-hybrid turbo-four good for 261 horsepower in 45 TFSI models, a plug-in hybrid turbo-four rated at 362 horsepower in 55 TFSI e models, and a turbocharged V6 good for 349 horsepower in the SQ5.
Despite its sporty nature, the 2023 Q5 gets 40.9 inches of front legroom, 38 inches of rear legroom, and up to 54 cubic feet of cargo space. It also earns a decent 75 out of 100 reliability rating on J.D. Power, and, because it is only three years old, some models may still be within their original four-year limited warranty (if you find a model with under 50,000 miles on the odometer).
1
2020 BMW X3
Average Used Price Range: $19,100 – $29,900
According to CarEdge, the BMW X3 loses an average of 54 percent of its value in the first five years, and only holds onto 39.5 percent of its value in the first six years. That means today, even for the top-end M40i, average used prices are under $30,000. The 2020 BMW X3 is available with a choice of three powertrains: a 248-horsepower turbo-four in sDrive30i (RWD) and xDrive30i (AWD), a plug-in turbo-four rated at 288 horsepower and 310 pound-feet in the xDrive30e, and a 3.0-liter turbo-six good for 382 horsepower and 365 pound-feet of torque in the M40i.
The top-end X3 M40i is equipped with 19-inch M alloys as standard; you get the M Sport body kit, LED headlights and fog lights, and inside, leather sport seats, a 10.25-inch touchscreen, and tri-zone climate control. More importantly, if you are looking for a sporty used SUV, the M40i can sprint to 60 in around 4.6 seconds, and can reach up to 155 mph with performance tires and wider alloys fitted.
Sources: Kelley Blue Book, iSeeCars, and J.D. Power.
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