16 Best Tequilas for Under $40

Discover top-shelf taste with our handpicked selection of wallet-friendly tequilas
Updated May 1, 2024
Fact checked
Couple enjoying margaritas at Miami ocean

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Tequila originates in Mexico and is made from blue agave plants ground into a pulp and fermented with water and yeast.

It’s great for sipping or mixing into drinks, especially if you’re making delicious margaritas.

However, like other liquors, tequila can get pricey if you don’t know what to look for or are trying to save money on stocking your bar.

Here are some good options for under $40 if you want to enjoy a delicious tequila and keep more money in your wallet.

Earn cash back on everyday purchases with this rare account

Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!1

With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!

This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.

Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.

Apply for a Discover Cashback Checking account today

Casa Noble Blanco

Courtesy of VinePair casa noble blanco crystal bottle

Casa Noble Blanco is a good tequila that will appeal to any number of drinkers that you may have as guests to your home bar.

The tequila has earthy tones with hints of olive and pineapple husk, giving it a nice richness when drinking it.

Jose Cuervo Especial Gold Tequila

Courtesy of Caskers jose cuervo especial gold tequila

Jose Cuervo is a well-known name when it comes to tequila, and for good reason.

The Jose Cuervo Especial Gold Tequila is a great staple for your bar. It's a blend of older and younger tequilas.

It’s also one of the best tequilas to grab from your shelf to make delicious margaritas for family and friends. A bottle costs under $40.

Cimarron Reposado

Courtesy of Total Wine & More cimarron reposado bottle

Grab a bottle of Cimarron Reposado if you’re looking for a rich agave taste with hints of oak and caramel to finish off a sip.

The Cimarron Reposado pairs well with red meat and pork, as well as vegetables if you need dinner options to go with a good glass of tequila.

Get a protection plan on all your appliances

Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more.

Whether or not you’re a new homeowner, a home warranty from Choice Home Warranty could pick up the slack where insurance falls short and protect you against surprise expenses. If a covered system in your home breaks, you can call their hotline 24/7 to get it repaired.

For a limited time, you can get your first month free with a Single Payment home warranty plan.

Get a free quote

Olmeca Altos Plata

Courtesy of Taster's Club olmeca altos plata bottle

The smooth Olmeca Altos Plata is a great sipping tequila if you prefer to enjoy the drink straight.

But the tequila is also a go-to for margaritas, and one poll found that it was a favorite for bartenders who mix the drink, especially in batches.

You can also find a bottle for less than $30, making it a great option if you’re on a tight budget for stocking your bar.

Espanita Tequila Reposado

Courtesy of VinePair espanita tequila reposado

Another great option around $30 is Espanita Tequila Reposado, which has plenty of unique hints of flavor in a bottle.

See if you can taste the green tea and cinnamon notes and the fruit-like finish with hints of vanilla.

Espolón Tequila Reposado

Courtesy of Taster's Club espolon tequila reposado

The artisan distillery of Espolón has some great options under $40, including this bottle of Espolón Tequila Reposado, which is aged for two months in American oak barrels to give it a unique flavor.

The distillery also has its Espolón Tequila Blanco if you want to check out a different tequila from the same maker to compare flavors. A bottle of the tequila blanco also comes in under $40 for budget-conscious drinkers.

Bribon Blanco Tequila

Courtesy of Caskers bribon blanco tequila

The Bribon Blanco Tequila isn’t aged and comes from agave plants that take seven to 10 years to mature.

Grab a bottle for under $40 if you’re looking for a great mixer to go with different cocktail drinks that are sure to impress your guests.

1800 Blanco

Courtesy of Taster's Club 1800 tequila blanco

The 1800 Blanco is blended from different white tequilas to give it a smooth finish with interesting flavors like sweet fruit and pepper.

It’s also a versatile tequila if you’re looking for something that can be a shot or a mix-in for margaritas and other cocktails.

Casco Viejo Tequila Blanco

Courtesy of VinePair casco viejo tequila blanco

Try Casco Viejo Tequila Blanco if you’re looking for a good tequila at a great price.

The balance of agave, citrus, and peppery notes is sure to be a crowd-pleaser while also coming in around $25.

Stop overpaying when you shop online

Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.

Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, it'll scour the internet for coupon codes to help you save cash. And before you check out at 25+ major retailers, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.

Capital One Shopping is free to use and won't show you ads. Add it today and stop overpaying!2

Get Capital One Shopping now

Astral Blanco

Courtesy of Taster's Club astral blanco tequila

Astral Blanco is another bottle of tequila that you can find for around $25 without compromising on taste.

The tequila includes notes of citrus and honey as well as the typical agave to give drinkers a delicious bottle for around $25.

Corralejo Silver Tequila

Courtesy of VinePair corralejo silver tequila

The Corralejo Silver Tequila is a great option for a great price, coming in around $30 for the tequila.

Grab a bottle if you need a mix-in for margaritas, or try some other tequila cocktail recipes with Corralejo Silver Tequila to give them a unique flavor.

Cazadores Blanco Tequila

Courtesy of Caskers cazadores blanco tequila

Cazadores Blanco Tequila is a double-fermented and double-distilled tequila that you can pick up close to your $40 price point.

The unaged tequila is based on a family recipe that’s more than 100 years old, with a bit of citrus zest and herbal notes in each sip.

Milagro Tequila Añejo

Courtesy of Taster's Club milagro tequila anejo

Milagro Tequila Añejo has a refined and smooth taste due to its aging in American oak barrels for over a year.

You can enjoy this as a straight tequila to sip or on the rocks or add it to a cocktail to give it a smooth finish and delicious agave kick.

Lalo Blanco Tequila

Courtesy of Total Wine & More lalo blanco tequila

This blanco tequila is perfect to pair with seafood or spicy dishes, which can include plenty of delicious Mexican food options.

If you saved money and have a little extra to spend above the $40 mark, grab the Lalo Blanco Tequila in a 375-milliliter bottle for around $30 or double the size of the bottle for around $60.

El Mayor Blanco Tequila

Courtesy of Caskers el mayor blanco tequila

The El Mayor Blanco Tequila is less than $30 and worth it if you’re looking for a renowned tequila.

A sip of this tequila has a bit of heat on it, dry notes, and a bit of pepper, among the agave taste that makes this a great bottle.

Mi Campo Reposado

Courtesy of Total Wine & More mi campo reposado

Mi Campo Reposado is aged in cabernet sauvignon and pinot noir barrels for three months, giving it a unique flavor with hints of honey, maple, and some vanilla.

The sweet-tasting tequila comes in at less than $30 a bottle, making it a good option if you want to try a new tequila without busting your budget.

Bottom line

Stanislaw Mikulski/Adobe man picking alcohol from supermarket shelf

It’s a good idea to find some deals on tequila if you want it for a party or to stock your bar without going over budget.

Check prices at different retailers to save money shopping for a tequila that’s right for you.

You can also buy smaller bottles to try before investing in a bigger option. You’ll spend a little more per ounce but save in the long run by not buying something you don’t like.

Discover®️ Cashback Debit Benefits

  • Earn 1% cash back on up to $3,000 in debit card purchases each month1
  • No minimum deposit, no minimum balance, and no account fees
  • Access your paycheck up to 2 days early with Early Pay
  • 60K+ fee-free ATMs and make cash deposits at Walmart stores nationwide

Author Details

Jenny Cohen Jenny Cohen is a freelance writer who has covered a bit of everything, from finance to sports to her favorite TV shows. Her work has been featured in The Wall Street Journal, USA Today, and FoxSports.com.

Want to learn how to make an extra $200?

Get proven ways to earn extra cash from your phone, computer, & more with Extra.

You will receive emails from FinanceBuzz.com. Unsubscribe at any time. Privacy Policy

  • Vetted side hustles
  • Exclusive offers to save money daily
  • Expert tips to help manage and escape debt