The Cheapest 2 Luxury SUVs to Own Are Siblings
Luxury SUVs can cost big bucks to maintain, refuel, and insure. Luckily, some luxury SUV models are known for their affordable costs of ownership. Two of the cheapest luxury SUVs to own are closely related. They’re both Lexus models.
The Lexus UX is the cheapest luxury SUV to own
The Lexus UX is a luxury subcompact SUV model with a hybrid powertrain. It’s one of the most affordable luxury SUVs on the market, and it has a low cost of ownership.
The 2023 Lexus UX starts at $35,340. It uses a 2.0-liter four-cylinder hybrid powertrain to make 143 horsepower and 113 lb-ft of torque. The UX achieves 43 miles per gallon in the city and 41 miles per gallon on the highway.
Forbes claims that the Lexus UX costs around $46,962 to own over a five-year time period. This cost of ownership includes insurance, maintenance, and depreciation.
The Lexus UX handles great and has a refined interior. Its gas mileage is exceptional thanks to its hybrid powertrain system. The luxury SUV comes with plenty of great standard features like a leather-wrapped steering wheel, all-speed dynamic radar cruise control, and drive mode select. It’s the cheapest Lexus model on the market but doesn’t skimp on creature comforts.
The Lexus NX is predictably affordable to own
The Lexus NX is the cousin of the world’s most popular SUV in the world, the Toyota RAV4. The NX comes with more luxurious features than the RAV4 but shares many traits with the popular small SUV.
The 2023 Lexus NX starts at $38,605. It uses a 2.5-liter four-cylinder engine to make 203 horsepower and 184 lb-ft of torque. Lexus’ small SUV gets 41 miles per gallon in the city and 37 miles per gallon on the highway.
The NX comes standard with Lexus NuLuxe interior trim, a leather-trimmed steering wheel and shift knob, and heated front seats. It also includes roof rails, all-speed dynamic radar cruise control, and a direct tire pressure monitor system.
MotorTrend praises the small luxury SUV’s standard safety features and hybrid powertrain options. According to Forbes, the Lexus NX costs around $52,998 to own over a five-year time period.
Lexus SUVs make luxury accessible
Lexus SUVs are among the most affordable luxury SUVs. Toyota’s luxury division makes luxury vehicles accessible to many drivers that refuse to spend big bucks on BMW and Mercedes-Benz models. The brand’s SUV models tend to outlast some of their more expensive competitors.
The Lexus UX is a great sedan alternative for drivers looking for a luxury SUV with great fuel economy. The Lexus NX is a great small family SUV for families with a taste for the finer things. Both luxury models have affordable costs of ownership compared to their rivals.
Luxury SUVs can be a pain to own and maintain because of high costs of ownership. Fortunately, consumers can get used and new Lexus SUV models for prices that won’t break the bank to buy and own.