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The 2023 BMW X3 is a leading choice for the compact luxury crossover SUV segment. It’s fun-to-drive, offers powerful engine options, and has a spacious, comfortable, and technologically-sophisticated interior. However, there are some great luxury crossover SUV alternatives that are cheaper than the X3. Here are three more affordable models that cost under $45,000.

More affordable compact luxury crossover SUVs to get instead of a 2023 BMW X3

Front angle view of white 2023 BMW X3, highlighting more affordable luxury SUV alternatives that cost under $45,000
2023 BMW X3 | BMW

The 2023 BMW X3 has a starting price of $45,400 MSRP. Compared to its closest competitor, the 2023 Mercedes-Benz GLC-Class, which starts at $54,700 MSRP, the X3 is a relative “bargain.” However, if you’re looking for an even cheaper compact luxury crossover SUV, then check out these three X3 alternatives that cost less than $45,000:

  1. 2023 Genesis GV70 (Starting price: $42,900 MSRP) 
  2. 2023 Volvo XC60 (Starting price: $43,450 MSRP)
  3. 2023 BMW X1 (Starting price: $38,600 MSRP)

2023 Genesis GV70 is an excellent alternative to the 2023 BMW X3

Front angle view of red 2023 Genesis GV70, more affordable 2023 BMW X3 luxury SUV alternative costing under $45,000
2023 Genesis GV70 | Genesis

One of the best alternatives to the 2023 BMW X3 is the 2023 Genesis GV70, which starts at $42,900 MSRP. The GV70 made its debut for the 2022 model year and is the first foray from Genesis into the highly competitive compact luxury SUV segment. With this in mind, the GV70 is a remarkable achievement, as it’s praised by critics, including winning the illustrious MotorTrend SUV of the Year award. 

The Genesis GV70 has many positive attributes, including an eye-catching exterior design, powerful turbocharged engine options, superb handling, a stylish and luxurious interior, and plenty of cargo space. Also, with many standard premium features, even for the base model, the GV70 provides excellent value. Furthermore, the GV70 has generous warranty coverage, with a 5-year/60,000-mile basic warranty and a 10-year/100,000-mile powertrain warranty.

2023 Volvo XC60: Elegant compact luxury crossover SUV

Front angle view of silver 2023 Volvo XC60, cheaper 2023 BMW X3 luxury SUV alternative costing under $45,000
2023 Volvo XC60 | Volvo

Another more affordable alternative to the 2023 BMW X3 that costs under $45,000 is the 2023 Volvo XC60, which has a starting price of $43,450 MSRP. In a sea of many compact luxury crossover SUVs, the XC60 is a standout model. 

Highlights of the XC60 include its elegant exterior design, powerful and efficient four-cylinder engines, and a minimalistic interior. Also, the XC60 lives up to Volvo’s reputation for high-level safety, especially with its advanced driving assistance technologies.

2023 BMW X1: Much cheaper than the X3 — but still high-quality

Front angle view of orange 2023 BMW X1
2023 BMW X1 | BMW

For our third luxury crossover alternative to the 2023 BMW X3, you don’t need to leave the BMW lineup. The 2023 BMW X1, which starts at $38,600 MSRP, is much cheaper than the X3 — but is still a high-quality choice. For the 2023 model year, the X1 was thoroughly redesigned. It has more expressive exterior styling, with sculpted surfaces and a bolder kidney grille. 

Other highlights of the BMW X1 include a spirited turbocharged four-cylinder engine, agile handling, a comfortable and practical interior, and many useful technologies. Also, while the X1 is smaller than X3, it offers a decent amount of interior space. 

More affordable compact luxury crossover SUV alternatives to the 2023 BMW X3 that cost less than $45,000 include the 2023 Genesis GV70, 2023 Volvo XC60, and 2023 BMW X1. If you want a luxury SUV that’s cheaper than the X3, these models are worth considering.

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