When buying a new SUV, it can be challenging to strike a balance between affordability and the accessories and features you want.
The good news is that you might find that balance with a budget of around $50,000 and a bit more luxury than other models that cost less.
Check out these SUV options that cost less than $50,000 to help you find the best bang for your buck if you're looking for great money moves as a car owner.
Steal this billionaire wealth-building technique
The ultra-rich have also been investing in art from big names like Picasso and Bansky for centuries. And it's for a good reason: Contemporary art prices have outpaced the S&P 500 by 136% over the last 27 years.
A new company called Masterworks is now allowing everyday investors to get in on this type of previously-exclusive investment. You can buy a small slice of $1-$30 million paintings from iconic artists, all without needing any art expertise.
If you have at least $10k to invest and are ready to explore diversifying beyond stocks and bonds, see what Masterworks has on offer. (Hurry, they often sell out!)
Hyundai Ioniq 5
/images/2024/10/29/hyundai_ioniq_5.jpg)
MSRP: $41,800
If you're considering switching from a gas-powered car to an electric vehicle, check out the Hyundai Ioniq 5. At a full charge, it has an estimated 300 miles of range.
The Ioniq 5 also has high safety ratings if you need some extra peace of mind when you're driving around your family or just want some extra protection for yourself.
The SUV got a Top Safety Rank Plus rating from the Insurance Institute of Highway Safety (IIHS) and a five-star rating from the National Highway Traffic Safety Administration (NHTSA).
Want to learn how to build wealth like the 1%? Sign up for Worthy to get ideas and advice delivered to your inbox.
Mazda CX-90
/images/2024/10/29/mazda_cx-90.jpg)
MSRP: $37,845
With its three-row option, the Mazda CX-90 might provide the extra room you need for passengers at an affordable price.
You can also consider a plug-in hybrid version of the CX-90, but its MSRP of $49,945 may be a bit too close to your $50,000 budget, depending on how much extra cash you can spend.
Chevrolet Equinox
/images/2024/10/29/chevrolet_equinox.jpg)
MSRP: $28,600
Chevy released a redesigned 2025 Chevrolet Equinox, with changes to the exterior and interior and new technologies for the driver.
The vehicle comes with front pedestrian braking, lane assist, and high-definition surround cameras as standard features to help you navigate streets safely.
Borrow up to $50k to finally crush your debt
If you have thousands in debt and you’re barely making it paycheck to paycheck, you know how suffocating it is. Debt is always on your mind. It controls your life. And even if you make on-time payments, they’re so expensive that you have nothing left over.
A personal loan could help you get out of this situation and lift your monthly debt burden significantly. You could finally pay off all of your debt at once, get rid of the sky-high interest rates, and slash your debt load to one manageable monthly payment.
AmONE is a marketplace where you can find some of the best personal loans available. They match you with loans up to $50,000 with rates as low as 2.49%. That’s better than most credit cards. And easier than draining your bank account every month. Seeing what you qualify for doesn’t affect your credit score, and if you’re approved, you could get money the next day.
Jeep Grand Cherokee
/images/2024/10/29/jeep_grand_cherokee.jpg)
MSRP: $36,495
The Jeep Grand Cherokee offers two options depending on your need for space or the number of people you have to transport. There are two-row and three-row versions to fit your needs.
You may also want to check out the Cherokee if you're looking for an SUV with the capacity to handle your towing needs of up to 7,200 pounds.
Volvo XC40
/images/2024/10/29/volvo_xc40.jpg)
MSRP: $40,650
Volvo has a reputation for safety and the Volvo XC40 has some great safety features that could make it an option if that's a priority for you.
The XC40 includes lane assist, collision avoidance, and blind spot alerts to help you navigate when driving.
Trending Stories
Ford Bronco
/images/2024/10/29/ford_bronco.jpg)
MSRP: $39,630
Ford resurrected its Ford Bronco with rugged-style cues inspired by the original version. It also gave drivers some new features to try on the road or options when they go off-road.
The Bronco gives drivers additional ground clearance and Trail Control mode for off-roading, as well as design features like a removable top and doors for extra fun in nature.
Genesis GV70
/images/2024/10/29/genesis_gv70.jpg)
MSRP: $45,700
Add some luxury to your SUV with the Genesis GV70, which includes special features like an electronically controlled suspension and collision avoidance assist.
The GV70 also comes in an EV version, but the $66,950 MSRP is likely to make the traditional gas version more appealing if you have a budget of $50,000.
BMW X3
/images/2024/10/29/bmw_x3.jpg)
MSRP: $49,500
The MSRP for the BMW X3 could get really close to your $50,000 budget, but it also gets you quite a few features.
Check out the BMW's large screen, for example, which can help you navigate roads, access entertainment apps, and serve as a stylish electronic dashboard when you're on the road.
Volkswagen ID.4
/images/2024/10/29/volkswagen_id.4.jpg)
MSRP: $39,735
Another stylish all-electric option is the Volkswagen ID.4, which has almost 300 miles of range on one charge.
The ID.4 was also named a Top Safety Pick by the IIHS, scoring good grades on the institute's crash tests that review the safety of passengers in potential accidents.
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 <p>See website for details.</p>
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.
Honda Pilot
/images/2024/10/29/honda_pilot.jpg)
MSRP: $40,200
One advantage of the Honda Pilot is that it can seat up to eight passengers with its three rows to give everyone some space.
The Pilot also has seven available driving modes to help you get through snow and off-road options like trails and sand.
Toyota Highlander
/images/2024/10/29/toyota_highlander.jpg)
MSRP: $39,270
The Toyota Highlander offers owners many great features that may be at the top of your shopping list, such as three rows of seating.
You can also choose a Highlander if you're looking for safety features like a collision alert system or lane departure assist, as well as adaptive cruise control to help you navigate roads.
Bottom line
/images/2024/10/29/couple_reviewing_their_finances.jpg)
A new SUV could be on your list of things you want or need, but it's important to also make a list of expenses before you buy one.
Consider creating an estimated budget for car ownership that includes the cost of the vehicle as well as gas, maintenance, and potential repairs.
You'll also want to shop around for the best rates on car insurance to potentially save some money.
- You could save up to $600 with some companies
- Compare dozens of providers in under 5 minutes
- Fast, free and easy way to shop for insurance
- Quickly find the perfect rate for you
Subscribe Today
Unlock the Best Banking Deals and Bonuses
From high-yield savings accounts to cashback checking and sign-up bonuses, we bring you the best banking offers to grow your money smarter.