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Luxury SUVs can get pretty pricey. They often have high starting prices and costs of ownership. Luckily, some luxury SUVs are affordable enough for the average consumer to own. The cheapest luxury SUV to own has a hybrid powertrain system.

The cheapest luxury SUV to own is a Lexus hybrid

A blue 2023 Lexus UX luxury subcompact SUV is driving on the road.
The 2023 Lexus UX | Lexus

Lexus is Toyota’s luxury division. The brand shares many parts and platforms with Toyota. As a result, many Lexus vehicles share characteristics with Toyota vehicles, including longevity and relative affordability.

The Lexus UX is the cheapest luxury SUV to own over a five-year time period, based on a list compiled by Forbes. It costs drivers approximately $46,962 from the time of purchase. This price includes factors like insurance costs, fuel, and projected depreciation over five years.

The 2023 Lexus UX starts at $35,340. It uses a 2.0-liter four-cylinder hybrid powertrain system to make 143 horsepower and 113 lb-ft of torque. The subcompact hybrid SUV gets 43 miles per gallon in the city and 41 miles per gallon on the highway.

The Lexus UX has great handling and plenty of standard features. It provides good value for the money, and its low cost of ownership compared to other luxury SUVs makes it one of the best choices in its segment.

What comes standard on the 2023 Lexus UX?

A white 2023 Lexus UX luxury subcompact SUV is driving on the road.
The 2023 Lexus UX | Lexus

The Lexus UX comes standard with a blind-spot monitor, a six-speaker premium sound system, and a leather-trimmed steering wheel. It also includes road sign assist, lane tracing assist, and all-speed dynamic radar cruise control. The UX features Lexus SmartAccess with push-button start/stop, drive mode select with Eco, Normal, and Sport drive modes, and Lexus’ Washi Japanese interior trim finish.

The luxury hybrid SUV comes with an ample amount of creature comforts for the average driver. It also includes plenty of advanced driver assistance and safety features that can make driving safer and more enjoyable.

Lexus is known for producing affordable luxury vehicles that offer great value for long periods of ownership. Luxury vehicles can have reliability issues over time. The Lexus brand stands out because its vehicles are often among the longest-lasting models. The Lexus UX proves that luxury SUVs don’t have to cost an arm and a leg to get and to own over time.

Should you get a Lexus UX?

The Lexus UX’s affordability may be part of its appeal, but the configuration that best demonstrates everything the subcompact SUV has to offer is the most expensive configuration.

The Lexus UX F Sport Handling starts at $42,770. It comes with a perforated leather-trimmed F Sport steering wheel and shift knob, heated and ventilated front seats, and paddle shifters. The luxury SUV also includes a suspension designed for a sporty vehicle, Sport S+ Mode, and active sound control.

If you’re in the market for a Lexus UX and want to get the full experience, Car and Driver recommends the F-Sport Handling configuration. Forbes lists the Lexus NX and RX as luxury SUVs with low costs of ownership over a five-year time period as well. Is Lexus the best luxury brand for the average consumer?


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