The Best Luxury SUVs Under $40K in 2020

2020 Lincoln Corsair front 3/4 view
1 of 17

These Luxury SUVs Offer Opulence and Comfort on a Budget

If you’re shopping for a new SUV for the first time in a while, you may be noticing a little bit of bloat. A lot of new or recently redesigned luxury SUVs are bigger than they used to be – and so are their price tags. Even as MSRPs creep upward to account for bigger vehicles with more technology, there are still plenty of options if you’ve got a budget cap of $40,000 or so. 

After we narrowed down the current crop of luxury SUVs to those with entry-level prices within our budget, we took a look at each vehicle’s U.S. News overall score. The overall score considers the criteria that matter most to consumers, including performance, interior comfort and quality, reliability, and safety. When two or more vehicles on this list are tied with the same overall score, the lowest-priced vehicle will take the higher spot.

It’s possible that some of the scores mentioned here don’t match the scores in a review. Our reviews are updated regularly whenever new information becomes available, so you can always have the most up-to-date resources available as you shop.

Read on to learn about the best new luxury SUVs under $40,000 for 2020.


To get local pricing, enter your zip code: Cancel

Best Price Program

Interested in a New?

Use the U.S. News Best Price Program to find great deals and get upfront pricing on the.