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While the luxury SUV segment might be unattainable for some budgets, this relatively new option from Genesis might not be. This compact luxury SUV comes well-equipped in either of its trim levels, and it doesn’t even hit $60,000. In a world where some brands are tacking on additional fees for every feature, the 2023 Genesis GV70 is an efficient luxury vehicle ready to go right from the production line.

Which compact luxury SUV is the best buy?

The best compact luxury SUV seen here is the 2023 Genesis GV70
A 2023 Genesis GV70 | Genesis

If you want the best compact luxury SUV, the 2023 Genesis GV70 checks all those boxes. Even though it has only been on the market for two years, the GV70 has impressed drivers and experts alike. When U.S. News ranked the best luxury compact SUVs for 2023, the Genesis landed at the top.

Genesis offers the 2023 GV70 in two trim levels, the 2.5T and the 3.5T Sport. The entry-level 2.5T is $43,150, while a fully loaded GV70 is around $55,250. Even though the upgraded version has more power, the base model’s turbo four-cylinder still has plenty of pep in its step. It gets 300 horsepower, or you can upgrade to the twin-turbo V6 with 375 horsepower.

This segment is crowded with good luxury SUVs, but most top trim levels or fully-loaded options inch toward $90,000. For not even $60,000, you can drive off in the finest 2023 Genesis GV70 on the market and still have some room in the budget for a full gas tank.

What is the safest small luxury SUV?

A white 2023 Genesis GV70 small luxury SUV is parked.
The 2023 Genesis GV70 | Genesis

Once again, the 2023 Genesis GV70 has some of the highest safety scores in the compact luxury SUV segment. While some small SUVs struggle in safety testing, the GV70 earned high marks across the board. The Insurance Institute for Highway Safety awarded the 2023 GV70 with its Top Safety Pick Plus award this year. It earned high marks in the main crashworthiness tests and even for the headlights.

Genesis included many standard driver-assistance features on both trim levels of the GV70, which help make the SUV safer. Forward collision warning, Forward automatic emergency braking, and Stop-and-go adaptive cruise control are a few of the systems. The compact luxury SUV also gets Lane-keep assist, Blind-spot monitoring, and Rear cross-traffic alert.

On top of that, J.D. Power gave the luxury SUV a predicted reliability score of 84 out of 100. That is pretty high for a new vehicle and should offer some peace of mind for shoppers.

Is the Genesis GV70 compact luxury SUV worth buying?

For compact luxury SUVs, Genesis clearly offers a lot of value in the GV70. Genesis also gives the 2023 GV70 a five-year, 60,000-mile limited warranty and a 10-year, 100,000-mile powertrain warranty.

If you aren’t into the Genesis, the next best option is the 2023 BMW X3. This luxury SUV starts at $45,400 this year, while a fully-loaded 2023 X3 costs $72,900. The 2023 Maserati Grecale is the next best option, but that will run you between $63,500 and $102,500. It makes sense that the GV70 is at the top of the list, especially compared to similar vehicles with higher costs.

To say this unbelievably loaded compact luxury SUV surpasses its rivals at an unbeatable price sounds ridiculous, but it is pretty true. Don’t skip over the 2023 Genesis GV70 just because it is new. It’s worth a second look.

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