Best SUV for the money port Utility Vehicles (SUVs) have become a popular choice for drivers seeking versatility, comfort, and a higher driving position. However, with the wide array of models available, finding an SUV that offers the best value for your money can be challenging. This guide will help you navigate through the options by highlighting key factors to consider and showcasing some of the best SUVs on the market that provide an excellent balance of performance, features, and affordability.
1. What to Consider When Choosing an SUV for the Money
When evaluating SUVs, it’s important to focus on the overall value, which goes beyond just the purchase price. Here are some key factors to consider:
Cost of Ownership: This includes fuel efficiency, insurance rates, maintenance costs, and depreciation. A lower purchase price might be appealing, but if the vehicle has high running costs, it might not be the best value in the long run.
Resale Value: Some SUVs hold their value better than others. A higher resale value can make a significant difference when it’s time to sell or trade in your vehicle.
Features and Technology: Look for SUVs that offer a good mix of standard and optional features, such as advanced safety systems, infotainment options, and comfort features. The more features included in the base price, the better the value.
Performance and Capability: Consider the vehicle's engine power, handling, and towing capacity if that’s relevant to your needs. A balance of performance and fuel efficiency is key for a good value SUV.
Interior Space and Comfort: Ensure the SUV has enough space for passengers and cargo, and offers a comfortable ride, especially if you plan to use it for long trips.
Safety Ratings: High safety ratings and the inclusion of advanced safety features like automatic emergency braking, lane-keeping assist, and blind-spot monitoring can add significant value.
2. Best SUVs for the Money in 2024
Based on the factors above, here are some of the best SUVs for the money in 2024:
Hyundai Tucson
Price Range: £29,000 - £37,000
Fuel Efficiency: Up to 38 MPG combined (hybrid)
Resale Value: High
The Hyundai Tucson stands out for its sleek design, well-appointed interior, and generous list of standard features. It offers excellent fuel efficiency, particularly with its hybrid variant, and includes a comprehensive suite of safety features even in the base model. With its competitive pricing and a long warranty, the Tucson provides significant value for the money.
Toyota RAV4
Price Range: £31,000 - £43,000
Fuel Efficiency: Up to 40 MPG combined (hybrid)
Resale Value: Excellent
The Toyota RAV4 has long been a favourite in the compact SUV category. It offers a strong mix of reliability, fuel efficiency, and practicality. The hybrid version is especially appealing for those looking to save on fuel costs. Toyota’s reputation for building durable, long-lasting vehicles also means that the RAV4 holds its value exceptionally well.
Kia Sportage
Price Range: £28,000 - £42,000
Fuel Efficiency: Up to 39 MPG combined (hybrid)
Resale Value: High
The Kia Sportage offers a compelling blend of style, technology, and value. It features a spacious interior with high-quality materials and one of the best infotainment systems in its class. The Sportage also comes with Kia’s industry-leading warranty, making it a smart choice for long-term ownership.
Mazda CX-5
Price Range: £30,000 - £39,000
Fuel Efficiency: Up to 33 MPG combined
Resale Value: High
The Mazda CX-5 is praised for its sporty handling, upscale interior, and refined driving experience. It feels more premium than its price suggests, making it an excellent value. The CX-5 also comes with a robust suite of safety features and has a strong reputation for reliability.
Honda CR-V
Price Range: £32,000 - £44,000
Fuel Efficiency: Up to 34 MPG combined
Resale Value: Excellent
The Honda CR-V remains one of the most well-rounded SUVs in the market. It offers a spacious and versatile interior, strong fuel efficiency, and a comfortable ride. The CR-V’s strong resale value and low ownership costs make it a great choice for those looking for long-term value.
3. Affordable Luxury SUVs for the Money
If you’re looking for a bit of luxury without breaking the bank, these SUVs offer a premium experience at a reasonable price:
Volvo XC40
Price Range: £36,000 - £45,000
Fuel Efficiency: Up to 32 MPG combined
Resale Value: High
The Volvo XC40 combines Scandinavian design with cutting-edge technology and safety features. It offers a luxurious feel with high-quality materials and a user-friendly infotainment system. The XC40’s compact size makes it ideal for city driving while still providing the comfort and features expected from a luxury SUV.
Lexus NX
Price Range: £40,000 - £55,000
Fuel Efficiency: Up to 39 MPG combined (hybrid)
Resale Value: Excellent
The Lexus NX stands out for its refined ride, excellent build quality, and impressive list of standard features. The hybrid version offers outstanding fuel efficiency, making it a smart choice for those who want a luxury SUV without high running costs. Lexus vehicles are also known for their reliability, contributing to the NX’s strong resale value.
4. Conclusion
When shopping for an SUV that offers the best value for your money, it’s important to look beyond the sticker price. Consider the total cost of ownership, resale value, and the features included in the base model. Vehicles like the Hyundai Tucson, Toyota RAV4, and Mazda CX-5 offer a blend of affordability, reliability, and features that make them excellent choices for budget-conscious buyers. Meanwhile, luxury options like the Volvo XC40 and Lexus NX provide a premium experience without the premium price tag. By carefully evaluating your needs and researching your options, you can find an SUV that delivers the best bang for your buck, ensuring satisfaction for years to come.