16 Cheapest Luxury SUVs in 2020

2020 BMW X1
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Luxury Accommodations on a Budget

Many people wrongly assume that all luxury SUVs are too expensive to fit in their budget. This makes sense since luxury vehicles come with a premium price. However, you might be surprised when we tell you that there are plenty of luxury crossovers on the market today with starting prices between $30,000 and $40,000. 

Keep in mind, these reasonable MSRPs are before any manufacturer- or dealer-sponsored rebates. In addition, many new vehicles are available with low monthly lease payments, financing rates are at record lows, and most automakers are offering deferred payment plans.

We’ve pored over our rankings to find a variety of luxury SUVs from different brands and classes that have an MSRP of less than $45,000. However, most of the crossovers on our list cost less than $40,000, and several come in under $35,000. That’s excellent considering the average new car price in the U.S. at the end of 2019 was nearly $39,000. Our list includes vehicles made by Audi, BMW, Cadillac, Mercedes-Benz, Lexus, Volvo, and more. It features luxury subcompact and compact SUVs, a luxury midsize SUV, and a few fuel-efficient hybrids.

We update our vehicle scores and rankings on a regular basis as new data and expert research become available. For this reason, the scores shown in this slideshow may not match up precisely with the scores in our individual vehicle reviews and new car rankings.

Continue reading to learn all about the most affordable luxury SUVs available today.

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