The total cost of owning a car goes far beyond the sticker price. Taxes, fuel, depreciation, insurance, financing, maintenance and repair costs can stretch your budget throughout your vehicle’s life. In addition to a higher price up front, luxury compact SUVs typically have higher long-term costs than affordable compact SUVs, thanks to higher repair costs, more expensive insurance and powerful engines that use more fuel. If you want a luxury badge but don’t want to spend luxury money, consider one of the following used luxury compact SUVs with exceptionally low ownership costs.
The 2011 Acura RDX has a five-year ownership cost that is over $4,200 below the 2011 class average. When it was new, test drivers were impressed with its agile handling and long list of standard features.
Among model year 2012 and 2013 luxury compact SUVs, the Volvo XC60’s ownership costs are about $4,400 and $4,200 below the class average, respectively. Reviewers praised the 2012 and 2013 XC60’s smooth ride, remarkably comfortable front seats and high-quality interior materials when they were new.
If you’re looking for a fun-to-drive SUV, the 2014 Infiniti QX50 is a great choice, as critics were impressed by its sporty handling and excellent power from its standard V6 engine when it was new. Additionally, its projected five-year cost of ownership is more than $3,300 below the 2014 class average.
If you want to spend less up front, older versions of the QX50 (back when the QX50 was called the Infiniti EX) are relatively affordable to own and earned similar praise from the automotive press when they were new. The 2009 Infiniti EX, for example, costs about $3,000 less over five years than the average 2009 luxury compact SUV.
Likewise, the 2010 Cadillac SRX will cost you about $3,000 less over five years than other 2010 vehicles in the class, and test drivers appreciated its composed handling, premium cabin materials and spacious seating when it was new.
If you’re not set on a luxury SUV, used affordable compact SUVs such as the 2009 Nissan Rogue, 2010 Ford Escape, 2011 Honda CR-V, 2012 Hyundai Tucson, 2013 Kia Sportage or 2014 Mazda CX-5 have lower sticker prices than luxury SUVs, positive reviews from the automotive press and below average five-year ownership costs.
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