If you’re looking for a new luxury SUV, you know it can be an expensive proposition, with many midsize models now pushing $70,000 or even $80,000. That’s huge money, and it’s hard to justify — especially when you know heavy depreciation will follow. As a result, I suggest considering a certified pre-owned model. CPO luxury SUVs come with a manufacturer warranty, and they’re much cheaper than you might expect — and far more affordable than a brand-new one. Here are five examples of certified pre-owned luxury SUVs that are getting cheaper.
While a new Audi Q3 is easily $40,000 or more, this certified pre-owned example is just four years old — and it has an asking price of $20,000. That’s a bargain, considering it looks a lot like the latest Q3 — and even though the tech isn’t quite a match, it’s still far less expensive. Plus, of course, it comes with Audi’s certified pre-owned warranty. This one is offered by Byers Imports in Columbus, Ohio. Find an Audi Q3 for sale
The latest Lexus RX came out in 2016, and models with the current design can easily top $60,000 when new. Used examples, however, are far more affordable, as this one proves. This RX — offered for just $34,500 — also comes with Lexus’ excellent certified pre-owned warranty, which provides six years of coverage with no mileage limit. It’s offered by Lexus of Highland Park in the Chicago area. Find a Lexus RX for sale
The Porsche Macan is a highly desirable small crossover with an excellent driving experience that stands above rivals. This particular Macan is even more desirable than most models, as it’s a sporty Macan S, which adds to the performance factor. It also includes Porsche’s excellent certified pre-owned warranty — and it’s offered by Porsche Tysons Corner in the Washington, D.C. area for just $32,995, which is far less than you’d pay for a brand-new Macan model. Find a Porsche Macan for sale
The Range Rover Evoque is a handsome, desirable luxury crossover — though it can also be an expensive luxury crossover, especially as you add options. This particular Evoque, however, is something of a deal: it comes with Land Rover’s CPO warranty, touting 7 years or 100,000 miles of coverage, and it’s offered for just $23,288. It’s a higher-mileage example, with 73,000 miles, but it’s still well-priced — and it’s offered by Land Rover Dallas. Find a Land Rover Range Rover Evoque for sale
The Volvo XC90 is a midsize luxury crossover with gorgeous styling and a lot of great technology. While new ones can be pricey, easily topping $60,000, used examples are, of course, far cheaper. This 2016 model comes with Volvo’s certified pre-owned warranty, which covers 7 years or 100,000 miles — and it’s available at Volvo of Hudson in New York with 53,000 miles for just $28,895. Find a Volvo XC90 for sale