Large SUVs That Cost Less Than $50,000 Out-of-Pocket Over 5 Years

It makes sense that bigger SUVs cost more to maintain. On top of that, a more expensive sport utility vehicle means higher insurance costs, depreciation, and fees. These large SUVs cost less than $50,000 out-of-pocket in the first five years of ownership.

The Jeep Wagoneer is a large SUV that costs less than $50,000 out of pocket

Kelley Blue Book did the math and found that the 2022 Jeep Wagoneer cost around $34,778 out-of-pocket in the first five years. The price estimates the cost of fuel over 15,000 miles annually. Maintenance includes oil changes and other items to keep your large SUV in good shape.

Insurance is the average cost of insuring the vehicle in your state (with collision and liability), and repairs are based on a no-deductable extended warranty. That number and the rest will differ from person to person. The 2022 Jeep Wagoneer starts at $58,995 this year and is estimated to cost $12,529 in fuel over five years.

Fuel$12,529
Maintenance$3,645
Insurance$7,410
Repairs$2,057
Financing$4,177
State Fees$4,960
Total Out of Pocket Expenses$34,778
Depreciation (Loss in Value)$37,238
Five-Year Cost to Own$72,016
2022 Jeep Wagoneer fees | Kelley Blue Book

Depreciation is one of the most significant costs the 2022 Jeep Wagoneer incurs in the first five years, costing an estimated $37,238. The total out-of-pocket expenses were just under that at $34,778. While that is still pretty high, it was good enough to take first place out of large SUVs that cost less than $50,000 out of pocket in the first five years.

Infiniti’s QX80 is a large SUV that costs less than $50,000 out of pocket

If you are considering getting into the 2023 Infiniti QX80, it starts at $72,700 and has plenty to offer buyers. The fuel cost was high, but Kelley Blue Book found that the total out-of-pocket expenses for the Infiniti SUV came to $36,060. Depreciation was also a major factor, coming in at $45,815 over five years. That brought the five-year cost-to-own was $81,875.

Fuel$13,974
Maintenance$2,835
Insurance$7,505
Repairs$738
Financing$5,107
State Fees$5,901
Total Out of Pocket Expenses$36,060
Depreciation (Loss in Value)$45,815
Five-Year Cost to Own$81,875
2023 INFINITI QX80 fees | Kelley Blue Book

The Infinity QX80 is considered a large luxury SUV, which comes with higher costs associated with ownership.

Check out the depreciation on the Jeep Grand Wagoneer

Large SUVs that cost less than $50,000 out-of-pocket like the Jeep Grand Wagoneer
A 2023 Jeep Grand Wagoneer | Jeep
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While the 2023 Jeep Grand Wagoneer price starts at $88,640, it still has lower costs than most in the large SUV category. Kelley Blue Book found that owners can expect to pay $39,429 in out-of-pocket expenses over five years. Fuel was another high cost at an estimated $14,253.

Fuel$14,253
Maintenance$4,989
Insurance$5,235
Repairs$2,057
Financing$6,045
State Fees$6,850
Total Out of Pocket Expenses$39,429
Depreciation (Loss in Value)$47,697
Five-Year Cost to Own$87,126
2023 Jeep Grand Wagoneer fees | Kelley Blue Book

Unfortunately, the 2023 Grand Wagoneer saw a depreciation of $47,697 in the first five years. That brought the five-year cost-to-own up to $87,126. That was still enough to land in third place out of the other large SUVs that cost less than $50,000 out of pocket in the first five years of ownership.