5 Best Luxury SUVs In 2025 Under $40k

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You don’t have to go broke buying a luxury SUV. There are great options that cost less than $40,000.
Luxury SUVs offer plenty of perks, but they can be expensive. Fortunately, not all break the bank. There are a few affordable models you can get without compromising on style and comfort. While there are many SUVs that cost a fortune, you can have the perfect blend of performance, features and value for less.
You don’t have to settle for less to get a luxury SUV. Here are five SUVs to consider for less than $40,000.
2025 Alfa Romeo Tonale
Price: $36,041
The 2025 Alfa Romeo Tonale is a plug-in hybrid that offers more than its chic sporty look. According to Edmunds, it’s a quick, fun ride thanks to its fast acceleration and handles well. Plus, it’s pretty comfortable considering it’s a smaller SUV, and you can’t beat the price point.
2025 Lexus UX Hybrid
Price: $37,715
Known for its reliability, comfort and quality, Lexus has been a long-time favorite among consumers because they’re built to last and won’t give you sticker shock. According to a 2025 J.D. Powerhouse study, Lexus ranks #1 as the highest overall in vehicle dependability for the third year in a row. It’s also a budget-friendly luxury SUV that car experts love.
“The Lexus UX Hybrid is a premium compact hybrid car, featuring Lexus’s distinguished reliability,” Rob Dillan, automotive expert and founder of EVhype said. “It’s also highly ranked in terms of gas mileage. The UX Hybrid boasts a high-end cabin and advanced security systems, making it perfect for urban commuting, complete with green living and high style.”
2025 Buick Envision
Price: $37,895
The 2025 Buick Envision is a premium SUV that boasts a quiet, impressive ride, according to Edmundsand has alluring features such as a massing driver’s seat, enhanced automatic parking assist, and wireless Apple CarPlay/Android Auto.
It’s an attractive pick and a good price, according to Dillan.
“The Buick Envision combines modern technology and American craftsmanship into a refined, comfortable interior and a quiet ride, making it a great choice for those looking for an affordable luxury crossover with bold design elements.”
2025 Lincoln Corsair
Price: $39,485
With its sleek design and exciting features, the 2025 Lincoln Corsair oozes luxury and class and it’s a top choice for Dillan.
“The Lincoln Corsair is a deep refinement that ushers you into a quiet, luxurious ride with wondrous interior decor and modern tech, intuitively balancing high-end comfort with performance in an affordable luxury SUV under $40,000.”
2025 Audi Q3
Price: $39,800
Coming in at just under $40,000 is the 2025 Audi Q3. If you’re in the market for a luxury SUV but don’t want to pay big bucks, the Q3 is a comfortable ride, offers a spacious interior and is all around a good option, according to Edmunds.
According to Dillan, “Being a well-balanced package of luxury and performance, the Audi Q3 is better known for its dynamic performance, advanced infotainment, premium-equipped cabin, along [with] precise German engineering.”
Splurging on a nice SUV doesn’t mean you have to wipe out your savings or take out a big high-interest loan. There are cost-effective luxury SUVs that offer excellent features while delivering a top-notch driving experience without going over budget.