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Regarding luxury SUVs, a budget of $70,000 to $80,000 doesn’t go very far. If you want the best luxury midsize SUVs under $80k this year, Porsche and BMW have the best models in the game. There are a lot of vehicles in the under $70k range, and many go well over $100,000, but these are the finest options within budget. Both cars display a blend of performance, style, and comfort, good enough for the daily driving of your dreams and hauling the family around town.

What is the best midsize luxury SUV under $80k?

If you thought the base 2023 Porsche Cayenne would be the best luxury midsize SUV under $80k, iSeeCars says that would be right. Porsche didn’t make many changes to the 2023 Cayenne, but it still has all the customization options shoppers want. That means a great lineup of engines and plenty of ways to make the perfect SUV.

Speaking of engine options, U.S. News says Porsche offers this luxury SUV with five different choices. Those are listed below. Porsche also offers the Cayenne in a hybrid powertrain model for those who want more fuel efficiency.

2023 Porsche Cayenne TrimEngineHorsepower
Base3.0-liter V6335 hp
S2.9-liter twin-turbo V6434 hp
GTSTwin-turbo 4.0-liter V8453 hp
TurboTwin-turbo 4.0-liter V8541 hp
Turbo GTTwin-turbo 4.0-liter V8631 hp
The luxury midsize SUVs under $80k

Pricing for the 2023 Porsche Cayenne is between $72,200 and $188,700, but the base model comes pretty well-equipped as it is. The Cayenne is a joy to drive and has matching exterior looks, which has helped lead the brand to record sales this year.

What is the best luxury midsize SUV from BMW?

The best luxury midsize SUVs under $80k include this BMW
The 2023 BMW X6 luxury SUV | BMW

If the 2023 BMW X6 wasn’t on your luxury midsize SUVs under $80k list, it should be there now. There are many reasons the newest X6 is a good vehicle, but the sheer power and sportiness are reason enough. As expected, BMW offers three great engine choices to power the X6, but the base one is good enough in most situations.

BMW hits it out of the park with the interior of the X6, using many high-end materials throughout. The 12.3-inch touchscreen is easy to use, and BMW includes many standard safety features on all trim levels.

2023 BMW X6 TrimEngineHorsepower
xDrive40iTurbocharged 3.0-liter six-cylinder335 hp
M50i Twin-turbocharged 4.4-liter V8523 hp
M Twin-turbocharged 4.4-liter V8600 hp
2023 BMW X6 trim levels

Pricing for this midsize luxury SUV is between $70,100 and $113,700 for the fully loaded X6. For those who like the X5 SUV but want a little extra extravagance, the X6 has much to offer. It only has 27.4 cubic feet of cargo space, which is short for the segment.

Going down $10,000 in the budget gives you more options but less luxury. The BMW X5 is a great option and has a history of reliability. A Mercedes-Benz GLE could work, but trim levels on the GLE get expensive quickly. Some folks like the Land Rover Range Rover Velar look, but it isn’t as popular as the full-size Range Rover.

Which of these luxury SUVs has the best resale value?

The Porsche Cayenne earned pretty high marks for resale value, especially for luxury midsize SUVs. It made an 8.3 for value retention, higher than some of the competition. Luxury SUVs have it a bit harder because the higher entry prices mean more potential loss of value right off the dealership lot. Used prices for the Porsche Cayenne sit between $46,489 and $131,610, which is quite the range.

For the BMW X6, it earned a value retention score of 7.6. Many used options on the market were priced between $37,894 and $86,137. If that number sounds awful, perhaps getting one of the best luxury midsize SUVs a little used is advisable. Either way, these are the finest options 2023 has to offer.


Mercedes Makes 3 of the Best Luxury Midsize SUVs of 2023, KBB Says