Best Used Luxury SUVs Under $20,000 in 2024

In 2024, owning a luxury SUV is no longer an unattainable dream, thanks to a thriving market for pre-owned vehicles. With a budget of $20,000 or less, you can drive home a sophisticated, feature-packed luxury SUV that offers both comfort and performance. This article will guide you through the best options available in this price range, highlighting models that stand out for their reliability, design, and advanced features.

Why Choose a Used Luxury SUV?

Purchasing a used luxury SUV can be an excellent decision for several reasons. Firstly, luxury vehicles often come equipped with advanced technology, premium materials, and superior craftsmanship. By opting for a used model, you can enjoy these high-end features without the hefty price tag of a brand-new vehicle.

Moreover, luxury SUVs are built to last, with many models designed to handle high mileage with ease. This means that even with a few years on the road, these vehicles can offer a driving experience that feels nearly new. Additionally, the depreciation curve for luxury vehicles is steep, meaning that the original owner bears the brunt of the value drop, allowing you to get more car for your money.

Factors to Consider When Buying a Used Luxury SUV

When searching for the perfect used luxury SUV, several factors should be kept in mind:

1. Mileage: While luxury vehicles are built to last, lower mileage typically indicates less wear and tear. Aim for SUVs with under 100,000 miles if possible.

2. Maintenance History: A well-maintained vehicle is crucial. Look for SUVs with comprehensive service records to ensure the car has been cared for properly.

3. Ownership Costs: Consider the ongoing costs associated with owning a luxury vehicle, such as insurance, fuel, and maintenance. Even if the purchase price is affordable, these factors can add up.

4. Vehicle Condition: Inspect the vehicle thoroughly or have a trusted mechanic do so. Check for signs of wear, accident history, and the condition of the interior and exterior.

5. Technology and Features: Luxury vehicles are often packed with technology. Ensure that the tech features you value, such as navigation systems, premium audio, and safety features, are in good working order.

Top Used Luxury SUVs Under $20,000

Here are some of the best used luxury SUVs you can find under $20,000 in 2024:

1. 2016 Lexus RX 350

The Lexus RX 350 is a top contender in the used luxury SUV market. Known for its reliability, comfortable ride, and luxurious interior, the 2016 model offers a well-rounded package. It features a V6 engine that provides smooth power delivery and excellent fuel economy for its class.

Key Features:

• Engine: 3.5L V6 producing 295 horsepower
• Interior: High-quality materials with an intuitive infotainment system
• Safety: Equipped with advanced safety features like adaptive cruise control and lane departure warning
• Mileage: Expect to find models with around 60,000 to 80,000 miles within the $20,000 budget

2. 2015 BMW X5

The BMW X5 is a sporty luxury SUV that offers a blend of performance and comfort. The 2015 model is particularly appealing due to its dynamic handling, powerful engines, and a well-crafted interior that lives up to BMW's reputation for luxury.

Key Features:

• Engine Options: Turbocharged inline-6 and V8 engines
• Interior: Spacious and filled with premium materials; available in multiple configurations
• Technology: Advanced infotainment system with iDrive, head-up display, and premium audio options
• Mileage: Models with around 70,000 to 90,000 miles are common in this price range

3. 2016 Audi Q5

The 2016 Audi Q5 is a compact luxury SUV that doesn’t compromise on performance or style. It offers a comfortable and quiet ride with a range of engine options, including a fuel-efficient diesel variant.

Key Features:

• Engine Options: 2.0L turbocharged inline-4, 3.0L supercharged V6, and a 3.0L diesel V6
• Interior: High-quality cabin with elegant design and a panoramic sunroof
• Quattro AWD: Audi’s famous all-wheel-drive system enhances traction and stability
• Mileage: Typically, models with 60,000 to 90,000 miles are available within this budget

4. 2015 Mercedes-Benz GLK-Class

The 2015 Mercedes-Benz GLK-Class is known for its robust build quality and refined driving experience. It offers a comfortable ride, a well-appointed interior, and the prestige associated with the Mercedes-Benz brand.

Key Features:

• Engine: 2.1L diesel or 3.5L V6 options
• Interior: High-end materials, advanced safety features, and a sophisticated design
• Performance: Smooth handling with optional 4MATIC all-wheel drive
• Mileage: Look for models with approximately 70,000 to 85,000 miles

5. 2014 Acura MDX

The 2014 Acura MDX is a well-rounded luxury SUV that offers three rows of seating, making it an excellent choice for families. It is known for its reliability, strong V6 engine, and advanced safety features.

Key Features:

• Engine: 3.5L V6 with 290 horsepower
• Interior: Spacious with high-tech features like a multi-angle rearview camera and a premium sound system
• Safety: Equipped with AcuraWatch safety suite, including collision mitigation braking and adaptive cruise control
• Mileage: Models typically range from 70,000 to 90,000 miles within the budget

6. 2015 Volvo XC60

The Volvo XC60 is an excellent choice for those who prioritize safety and Scandinavian design. The 2015 model is equipped with a range of advanced safety features and offers a comfortable, stylish interior.

Key Features:

• Engine Options: Turbocharged and supercharged inline-4 engines
• Safety: Includes City Safety collision avoidance and available blind-spot monitoring
• Interior: Features like leather seats and a panoramic sunroof create a luxurious environment
• Mileage: Expect to find models with 60,000 to 85,000 miles

7. 2015 Infiniti QX60

The Infiniti QX60 is a midsize luxury SUV that offers a smooth ride, a spacious interior, and a host of features. It’s a great option for those who need a versatile vehicle with plenty of room for passengers and cargo.

Key Features:

• Engine: 3.5L V6 with 265 horsepower
• Interior: Includes leather seating, tri-zone climate control, and a premium audio system
• Technology: Features like an around-view monitor and navigation system
• Mileage: Typically, models will have between 70,000 and 95,000 miles

8. 2014 Cadillac SRX

The Cadillac SRX is an American luxury SUV that offers a powerful engine and a bold design. The 2014 model is particularly attractive due to its comfortable interior and abundance of standard features.

Key Features:

• Engine: 3.6L V6 with 308 horsepower
• Interior: Premium materials with an intuitive CUE infotainment system
• Safety: Equipped with features like forward collision alert and lane departure warning
• Mileage: Look for models with around 60,000 to 85,000 miles

Conclusion

Buying a used luxury SUV under $20,000 in 2024 is a smart way to enjoy the benefits of high-end vehicles without breaking the bank. The models listed above are known for their reliability, luxury features, and overall value, making them excellent choices for anyone looking to upgrade their driving experience. Always remember to conduct a thorough inspection and consider getting a vehicle history report before making your purchase to ensure you’re getting the best deal possible.

By focusing on mileage, maintenance history, and the specific features you desire, you can find a luxury SUV that meets your needs and provides years of enjoyable driving.