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Home » Best Luxury SUVs For 2023 And 2024
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Best Luxury SUVs For 2023 And 2024

January 8, 2024No Comments16 Mins Read
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Best Luxury SUVs For 2023 And 2024
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SUVs of all kinds continue to dominate the market here in the US. There is no mistaking that you can get the best of everything out of these versatile vehicles, from the more affordable compact SUV crossovers, to massive full-size SUVs that are built to last. There are a myriad of reasons as to why SUVs continue to upstage the sedans and hatchbacks of the world. According to Statista, unibody crossover SUVs made up over 45% of all vehicle sales in 2022. In this article, we’re going to cover the crème de la crème of this highly sought after segment, including the best luxury SUVs 2023 and 2024 has to offer.


So, for those looking to buy a luxury SUV, we’ve gone ahead and broken the segment down for you into bite-size segments, with a score to grade each model. Helping you decide what next gas guzzler, or sipper, you want to spend your hard-earned money on.

How we got our model selections: HotCars analyzed new luxury SUVs for 2023 and 2024 model years only across seven segments: subcompacts, compacts, compact hybrids, midsize, midsize hybrids, 3-rows, and high-end.

Ratings were awarded in three key categories: Starting MSRP, combined MPG (Fueleconomy.gov), and reliability (J.D. Power Quality & Reliability scores). We used a combined average from each of the categories to determine our HotCars Rating, and sort these luxury SUVs in order with the highest ranking of each category appearing first.

Additional information, such as estimated maintenance costs during the first 10 Years (CarEdge) and recalls (NHTSA), were added for reference, but not factored into the ratings.

Best Luxury SUVs: Scoring Methodology

Starting MSRP

Rating

Combined MPG

Rating

J.D. Power Quality & Reliability

Rating

$0-$30K

10

33-34 MPG

10

90-100

10

$30K-$40K

9

31-32 MPG

9

80-90

9

$40K-$50K

8

29-30 MPG

8

70-80

8

$50K-$60K

7

27-28 MPG

7

60-70

7

$60K-$70K

6

25-26 MPG

6

50-60

6

$70K-$80K

5

23-24 MPG

5

40-50

5

$80K-$90K

4

22-23 MPG

4

30-40

4

$90K-$100K

3

20-21 MPG

3

20-30

3

$100K-$110K

2

18-19 MPG

2

10-20

2

$110K-$120K

1

16-17 MPG

1

0-10

1

Porsche-Cayenne-2019 Feature

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Best Subcompact SUVs

14 2023 Volvo XC40: 7.7/10

Front 3/4 static shot of a 2023 Volvo XC40
Volvo

2023 XC40 Ratings

Here’s how our team rated the 2023 XC40 in three key categories:

Rating Category

2023 XC40 Score

Starting MSRP

9

Combined MPG

6

J.D. Power Quality & Reliability

8

If you want the luxury car experience without the luxury car price tag, then the Volvo XC40 is worth considering. It comes with all the benefits of an XC60, such as the crystal gear selector and impressive infotainment systems, just in a smaller package. It’s also fully capable, when specified with the AWD option, as opposed to the FWD drivetrain. The XC40 is the smallest Volvo SUV currently available, and this small stature, coupled with a fairly modest powertrain, ensures the model is both affordable and accessible.

Specs

Horsepower

194 to 247 horsepower

Torque

221 to 258 lb-ft

Fuel Economy

26 combined MPG

Cargo Space (all seats in place)

16 ft³

Cargo Space (maximum capacity)

57.5 ft³

Pricing

Trim

Starting MSRP

B4 Core

$37,445

B5 Core

$39,445

B4 Plus

$41,845

B5 Plus

$43,845

B4 Ultimate

$45,595

B5 Ultimate

$47,595

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 74
  • Est. Maintenance Costs During First 10 Years: $11,907
  • Recalls: 2

13 2024 BMW X1: 7.3/10

Front 3/4 action shot of a 2024 BMW X1 on the road
BMW 

2024 X1 Ratings

Here’s how our team rated the 2024 X1 in three key categories:

Rating Category

2024 X1 Score

Starting MSRP

8

Combined MPG

6

J.D. Power Quality & Reliability

8

The X1 is the entry-level model from BMW’s smart SUV lineup. From it’s turbocharged 4-cylinder, which benefits from a 71 horsepower bump if you opt for the M35i, to its fully digital dashboard including iDrive 9, there is an awful lot to love about the 2024 BMW X1. This brand-new model kicks off just north of $40,000, making it one of the more affordable SUVS that BMW currently offer.

Specs

Horsepower

241 to 312 horsepower

Torque

295 lb-ft

Fuel Economy

26 combined MPG

Cargo Space (All Seats in Place)

25.7 ft³

Cargo Space (Maximum Capacity)

46.9 ft³

Pricing

Trim

Starting MSRP

xDrive28i

$40,500

M35i

$49,900

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 77
  • Est. Maintenance Costs During First 10 Years: $17,516
  • Recalls: 0

Best Compact SUVs

12 2024 Genesis GV70: 7/10

Front 3/4 shot of two 2024 Genesis GV70s
Genesis

2024 GV70 Ratings

Here’s how our team rated the 2024 GV70 in three key categories:

Rating Category

2024 GV70 Score

Starting MSRP

8

Combined MPG

5

J.D. Power Quality & Reliability

8

Genesis has come a long way in recent years, a fact that is fully evident when considering the compact GV70. Not only is it stunning to look at inside and out, it also includes a comprehensive warranty package. Genesis offers a 5 year/60,000 mile basic cover, in addition to a 10 year/100,000 mile powertrain cover. Also, it benefits from futuristic features like a remote-start, parking assist, and an available 3D digital gauge cluster. Details such as this ensure the GV70 makes a tempting argument for itself, even when compared to German competition which often dominates this segment.

Specs

Horsepower

300 to 375 horsepower

Torque

311 to 391 lb-ft

Fuel Economy

24 Combined MPG

Cargo Space (All Seats in Place)

28.9 ft³

Cargo Space (Maximum Capacity)

56.9 ft³

Pricing

Trim

Starting MSRP

2.5T

$46,095

2.5T Select

$49,095

2.5T Advanced

$52,095

2.5T Sport Prestige

$57,995

3.5T Sport

$58,695

3.5T Sport Advanced

$65,095

3.5T Sport Prestige

$68,295

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 79
  • Est. Maintenance Costs During First 10 Years: N/A
  • Recalls: 0

11 2024 Porsche Macan: 5.7/10

Rear passenger 3/4 shot of 2024 Porsche Macan
Porsche

2024 Macan Ratings

Here’s how our team rated the 2024 Macan in three key categories:

Rating Category

2024 Macan Score

Starting MSRP

6

Combined MPG

2

J.D. Power Quality & Reliability

9

What’s great about the Porsche Macan, is that they have so many variations of powertrains to choose from, which allows buyers to customize their experience. According to reports from Porsche, the Macan has been their bestseller, which is no doubt thanks to its impressive reliability, reasonable pricing, and gorgeous design. The Macan is capable too, with a maximum cargo capacity of 53 square feet when all the chairs are folded.

Specs

Horsepower

261 to 434 horsepower

Torque

295 to 405 lb-ft

Fuel Economy

19 combined MPG

Cargo Space (All Seats in Place)

17.2 ft³

Cargo Space (Maximum Capacity)

53 ft³

Pricing

Trim

Starting MSRP

Base

$60,900

T

$66,500

S

$72,300

GTS

$86,800

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 85
  • Est. Maintenance Costs During First 10 Years: $20,137
  • Recalls: 0

Best Compact Hybrid SUVs

10 2024 Lexus NX: 8/10

A 2024 Lexus NX action shot at 3/4 angle
Lexus

2024 NX Ratings

Here’s how our team rated the 2024 NX in three key categories:

Rating Category

2024 NX Score

Starting MSRP

8

Combined MPG

7

J.D. Power Quality & Reliability

9

Getting a much-needed revamp for the 2022 model year, the Lexus NX has planted itself as the quintessential hybrid luxury cruiser in the compact segment. With touch sensitive steering wheel buttons, a plethora of cool technology and a myriad of powertrains to choose from; the only thing you’ll need to figure out is whether you like it with or without the F Sport appearance package. Lexus makes it easy to customize your NX as well, with a fair amount of packages and interior trim options.

Specs

Horsepower

181 to 275 horsepower

Torque

184 to 317 lb-ft

Fuel Economy

28 combined MPG

Cargo Space (All Seats in Place)

22.7 ft³

Cargo Space (Maximum Capacity)

46.9 ft³

Pricing

Trim

Starting MSRP

NX250

$40,605

NX350

$44,365

NX350h

$44,615

NX350 F Sport

$49,465

NX450h+

$59,905

NX450h+ F Sport

$61,155

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 83
  • Est. Maintenance Costs During First 10 Years: $7,136
  • Recalls: 0

2:37

2018 Kia Sportage

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9 2024 Audi Q5: 7.3/10

Front 3/4 shot of 2024 Audi Q5
Audi

2023 Q5 Ratings

Here’s how our team rated the 2024 Q5 in three key categories:

Rating Category

2024 Q5 Score

Starting MSRP

8

Combined MPG

6

J.D. Power Quality & Reliability

8

The Audi Q5 is a great addition to this list, thanks to a reasonable starting price of just $45,795, meaning it’s accessible for many SUV shoppers in 2024. What’s more, the Q5 also has a giant list of trims and variants to choose from. Scoring highly on our HC scoring system, the Q5 looks to be a great all-rounder in this particular segment. New for 2024, all models will come standard with adaptive cruise control.

Specs

Horsepower

201 to 261 horsepower

Torque

236 to 369 lb-ft

Fuel Economy

25 combined MPG

Cargo Space (All Seats in Place)

25.9 ft³

Cargo Space (Maximum Capacity)

54.1 ft³

Pricing

Trim

Starting MSRP

Premium 40

$45,795

Premium 45

$48,695

Premium 55 PHEV

$48,695

Premium Plus 40

$50,595

Sportback Premium 40

$52,695

Premium Plus 45

$53,495

Premium Plus 55 PHEV

$55,895

Prestige 40

$56,095

Prestige 45

$58,595

Prestige 55 PHEV

$58,595

Sportback Prestige 45

$60,895

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 76
  • Est. Maintenance Costs During First 10 Years: $12,068
  • Recalls: 0

Best Midsize SUVs

8 2024 Genesis GV80: 6.3/10

A 2024 Genesis GV80 Front shot
Genesis

2024 GV80 Ratings

Here’s how our team rated the 2024 GV80 in three key categories:

Rating Category

2024 GV80 Score

Starting MSRP

7

Combined MPG

4

J.D. Power Quality & Reliability

8

The GV80 commands the road with its huge front fascia and massive rear LED tail lamps. If you want a three-row SUV that breaks the traditional mold, then the 2024 Genesis GV80 is for you. With massage chairs up front, a command center in the second row, and a differential locker, there’s so much to love about the GV80. It scores well on the reliability front too, and with a minimum of 300 horsepower to boot, it’s got enough pace to keep up with key competitors.

Specs

Horsepower

300 to 375 horsepower

Torque

311 to 391 lb-ft

Fuel Economy

22 combined MPG

Cargo Space (All Seats in Place)

34.9 ft³

Cargo Space (Maximum Capacity)

84 ft³

Pricing

Trim

Starting MSRP

2.5T

$58,645

2.5T Advanced

$65,145

3.5T

$65,795

2.5T Prestige

$70,395

3.5T Advanced

$73,145

3.5T Prestige

$78,195

3.5T Prestige Matte

$79,695

3.5T Prestige Signature

$83,270

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 77
  • Est. Maintenance Costs During First 10 Years: N/A
  • Recalls: 0

7 2023 Land Rover Defender: 5.3/10

A front 3/4 angle shot of a 2023 Land Rover Defender
Land Rover

2023 Defender Ratings

Here’s how our team rated the 2023 Defender in three key categories:

Rating Category

2023 Defender Score

Starting MSRP

7

Combined MPG

1

J.D. Power Quality & Reliability

8

So far, the 2020s has been the decade of nostalgia in the automotive industry, from the Bronco to the now popular Land Rover Defender. With the rugged styling that enthusiasts have come to expect from the Defender, with a level of luxury and capability mixed in, this latest model is the envy of all body-on-frame enthusiasts. Having three powertrains to choose from makes it extremely versatile, and capable, as well.

Specs

Horsepower

296 to 518 horsepower

Torque

295 to 461 lb-ft

Fuel Economy

16 combined MPG

Cargo Space (All Seats in Place)

10.2 to 35.8 ft³

Cargo Space (Maximum Capacity)

44.6 to 76.1 ft³

Pricing

Trim

Starting MSRP

Base

$54,975

S

$56,575

SE

$67,575

X-Dynamic SE

$70,575

30th Anniversary Edition

$76,350

X

$89,875

75th Limited Edition

$91,975

Trophy Edition

$96,475

V8

$109,375

Carpathian

$116,475

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 78
  • Est. Maintenance Costs During First 10 Years: $18,569
  • Recalls: 2

6 2024 Porsche Cayenne: 5/10

A 2024 Porsche Cayenne driving along a road
Porsche

2024 Cayenne Ratings

Here’s how our team rated the 2024 Cayenne in three key categories:

Rating Category

2024 Cayenne Score

Starting MSRP

4

Combined MPG

2

J.D. Power Quality & Reliability

9

Porsche’s flagship SUV is fully redesigned for the 2024 model year. From the futuristic LED daytime running lights to the equally futuristic passenger screen on the interior, everything suggests that the Cayenne is poised to continue being their flagship SUV. For 2024, the front fascia has received some revamping as well, in addition to the passenger screen, and all-new ‘S E-Hybrid’ trim. It also received an impressive reliability rating from J.D. Power, at 81 out of 100.

Specs

Horsepower

348 to 468 horsepower

Torque

368 to 442 lb-ft

Fuel Economy

19 combined MPG

Cargo Space (All Seats in Place)

27.2 ft³

Cargo Space (Maximum Capacity)

60.3 ft³

Pricing

Trim

Starting MSRP

Cayenne

$80,050

Cayenne E-Hybrid

$93,350

Cayenne S

$97,350

Cayenne S E-Hybrid

$100,750

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 81
  • Est. Maintenance Costs During First 10 Years: $20,552
  • Recalls: 2

5 2023 Land Rover Range Rover Sport: 5/10

A red 2023 Land Rover Ranger Rover Sport at a 3/4 angle shot
Land Rover

2023 Range Rover Sport Ratings

Here’s how our team rated the 2023 Range Rover Sport in three key categories:

Rating Category

2023 Range Rover Sport Score

Starting MSRP

4

Combined MPG

3

J.D. Power Quality & Reliability

8

The Range Rover Sport is a staple feature in the luxury SUV scene, and this new model is sleeker and smoother than ever. It has a simple yet gorgeous modern interior, which is new for 2023, and finally, a PHEV offering. It may not be the cheapest or most economical model in this segment, which goes someway to explain the relatively low scores. However, the Range Rover Sport builds its phenomenal reputation elsewhere, with impeccable luxury, and an enviable road presence.

Specs

Horsepower

355 to 523 horsepower

Torque

457 lb-ft

Fuel Economy

21 combined MPG

Cargo Space (All Seats in Place)

32 ft³

Cargo Space (Maximum Capacity)

118 ft³

Pricing

Trim

Starting MSRP

P360 SE

$84,475

P400 SE Dynamic

$91,475

P440 eAutobiography

$105,675

P530 First Edition

$122,975

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 79
  • Est. Maintenance Costs During First 10 Years: $16,989
  • Recalls: 6

Best Midsize Hybrid SUVs

4 2024 Lexus RX 450h+ Luxury: 8.7/10

Back 3/4 angle shot of a 2024 Lexus RX
Lexus

2024 RX 450h+ Luxury Ratings

Here’s how our team rated the 2024 RX 450h+ Luxury in three key categories:

Rating Category

2024 RX 450h+ Luxury Score

Starting MSRP

8

Combined MPG

9

J.D. Power Quality & Reliability

9

If plug-in-hybrids are your thing, but you want to be pampered and eco-friendly, then the RX 450h+ Luxury is well worth a look. Yes, the model name is long but so is the 37 miles of range you get from the PHEV’s battery. What’s more, initial reports on the reliability front look impressive, with J.D. Power awarding the Lexus an impressive score. It’s no performance SUV, with just 180 horsepower on tap, but this relatively modest output equals impressive economy, as the RX 450h returns a combined average of 32 MPG.

Specs

Horsepower

180 horsepower

Torque

233 lb-ft

Fuel Economy

32 combined MPG

Cargo Space (All Seats in Place)

29.6 ft³

Cargo Space (Maximum Capacity)

46.2 ft³

Pricing

Trim

Starting MSRP

RX350

$49,950

RX350h

$51,800

RX350 Premium

$52,100

RX350 Premium Plus

$53,950

RX350h Premium

$53,950

RX350h Premium Plus

$55,800

RX350 F Sport

$58,550

RX350 Luxury

$59,080

RX350h Luxury

$60,930

RX500h Sport Performance

$63,800

RX450h+ Luxury

$70,080

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 83
  • Est. Maintenance Costs During First 10 Years: $7,634
  • Recalls: 0

Front 3/4 view of the SQ5 on the move

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3 2023 BMW X5 xDrive45e PHEV: 6/10

Front 3/4 action shot of 2022 BMW X5
BMW

2023 X5 xDrive45e Ratings

Here’s how our team rated the 2023 X5 xDrive45e in three key categories:

Rating Category

2023 X5 xDrive45e Score

Starting MSRP

6

Combined MPG

3

J.D. Power Quality & Reliability

9

While the sensational twin-turbo V8 makes the X5 a bonkers mid-size SUV, the PHEV xDrive45e version provides a more practical approach. The X5 has a fairly high reliability score of 81, giving it a ‘9’ on our scoring sheet. The engine output is equally impressive, with 389 horsepower, alongside 443 lb-ft of torque. Fuel economy lets the X5 down, scoring just 3 on our rating system, however that can be somewhat expected with such a powerful powertrain.

Specs

Horsepower

389 horsepower

Torque

443 lb-ft

Fuel Economy

20 combined MPG

Cargo Space (All Seats in Place)

33.1 ft³

Cargo Sapce (Maximum Capacity)

72.3 ft³

Pricing

Trim

Starting MSRP

sDrive40i

$62,595

xDrive40i

$64,895

XDrive45e

$66,695

M50i

$83,395

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 81
  • Est. Maintenance Costs During First 10 Years: $18,389
  • Recalls: 3

Best Three-Row SUVs

2 2024 Volvo XC90: 6.3/10

Front 3/4 shot of a 2024 Volvo XC90
Volvo

2024 XC90 Ratings

Here’s how our team rated the 2024 XC90 in three key categories:

Rating Category

2024 XC90 Score

Starting MSRP

7

Combined MPG

4

J.D. Power Quality & Reliability

8

The Volvo XC90 comes in with an impressive ‘8’ on the JD Power reliability score. With either an ICE or a PHEV version to choose from, it’s equal parts practical and reliable. This three-row family SUV also offers just north of 65 cubic feet for storage, which is one great benefit of these specious three-row SUVS. What’s more, the choice of a frugal turbo 4-cylinder is available, which will help keep running costs low for those that simply jet around town.

Specs

Horsepower

247 to 455 horsepower

Torque

258 to 523 lb-ft

Fuel Economy

22 combined MPG

Cargo Space (All Seats in Place)

12.6 ft³

Cargo Space (Maximum Capacity)

65.5 ft³

Pricing

Trim

Starting MSRP

Core

$57,195

Plus

$61,095

Ultimate

$70,595

Recharge Core

$73,095

Recharge Plus

$74,795

Recharge Ultimate

$80,795

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 73
  • Est. Maintenance Costs During First 10 Years: $12,359
  • Recalls: 1

1 2024 Cadillac Escalade: 4.7/10

Two 2024 Cadillac Escalade Vs
Cadillac

2024 Escalade Ratings

Here’s how our team rated the 2024 Escalade in three key categories:

Rating Category

2024 Escalade Score

Starting MSRP

4

Combined MPG

1

J.D. Power Quality & Reliability

9

The Escalade is General Motor’s flagship. Not only is it evident in the price, but it’s also evident in the insane amount of technology inside. From wrap-around OLED informational screens, to augmented reality on the gauge cluster with the navigation feature. As if the V8 wasn’t burly enough, they’ve now implemented the Escalade V with a 6.2L supercharged V8, which churns out a mighty 682 horsepower. Fuel economy is poor at just 16 MPG, but it comes at the expense of impressive performance – perfect for those who prefer a little pace with their SUV.

Specs

Horsepower

420 horsepower

Torque

460 lb-ft

Fuel Economy

16 combined MPG

Cargo Space (All Seats in Place)

25.5 ft³

Cargo Space (Maximum Capacity)

109.1 ft³

Pricing

Trim

Starting MSRP

Luxury

$83,890

Premium Luxury

$95,190

Sport

$98,190

Premium Luxury Platinum

$112,690

Sport Platinum

$112,690

V-Series

$154,290

Reliability & Maintenance

  • J.D. Power Quality & Reliability Score: 81
  • Est. Maintenance Costs During First 10 Years: $12,933
  • Recalls: 0

Sources: Fueleconomy.gov, J.D. Power, CarEdge, NHTSA, Statista, & manufacturer websites

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