Best SUVs Under $20,000: Unveiling the Top Picks for 2023

Last Updated on November 20, 2023 by inaz Ameera

When it comes to finding the best SUV under $20,000, the used car market can be a treasure trove of affordable, practical and reliable options. Despite the challenges of fluctuating prices, there are still great deals to be found. Depending on your specific needs, from a spacious family vehicle, to a capable off-roader, or a fuel-efficient crossover, there’s something for everyone in this list. We’ve curated the top 10 SUVs under $20,000 for 2023, combining insights from various trusted sources to bring you a comprehensive and curated guide to help make a smart choice for your next affordable SUV.

1. 2015 Toyota Highlander

Toyota Highlander

The 2015 Toyota Highlander is a reliable, comfortable, and spacious SUV that is perfect for families. With its standard seating for eight passengers, the Highlander offers plenty of room for both passengers and cargo. It comes with a range of features, including a rearview camera, Bluetooth connectivity, and a touchscreen infotainment system. Under the hood, you’ll find a 2.7-liter four-cylinder engine that delivers adequate power and fuel efficiency. With a price tag of around $20,000, the 2015 Toyota Highlander is a great option for those seeking a reliable and practical SUV.

What We Liked

  • Spacious cargo
  • Touchscreen infotainment
  • Powerful

What We Disliked

  • Breaks the bank

Review

2015 Toyota Highlander

Reliability
Price
Appearance
Features
3.5

2. 2019 Honda CR-V

Sideview of Honda CR-V

The Honda CR-V has long been a top contender in the compact SUV segment, and the 2019 model is no exception. It offers a spacious and well-designed interior, comfortable seating, and a smooth and fuel-efficient ride. The CR-V comes equipped with a range of advanced safety features, including forward collision warning, automatic emergency braking, and lane-keeping assist. With its reputation for reliability and excellent resale value, the 2019 Honda CR-V is a smart choice for those looking for a dependable and affordable SUV.

What We Liked

  • Comfortable
  • Smooth handling
  • Advanced safety features
  • Affordable

What We Disliked

  • Average acceleration

Review

2019 Honda CR-V

Reliability
Price
Appearance
Features
4.3

3. 2014 Lexus RX 450h

The 2014 Lexus RX 450h

For those seeking a more luxurious SUV, the 2014 Lexus RX 450h is an excellent choice. This hybrid SUV combines luxury, comfort, and fuel efficiency in one package. It features a spacious and well-appointed interior with high-quality materials and advanced technology features. The RX 450h is powered by a hybrid powertrain that delivers both power and impressive fuel economy. With its reputation for reliability and upscale features, the 2014 Lexus RX 450h offers exceptional value for money.

What We Liked

  • Great value for money
  • Advanced safety features
  • Sleek design

What We Disliked

  • Large gap between back seats
  • Low resale value

Review

2014 Lexus RX 450h

Reliability
Price
Appearance
Features
4.1

4. 2018 Subaru Forester

running view of Subaru Forester 2017

For a perfect blend of practicality, safety, and versatility, the 2018 Subaru Forester is a compact SUV that offers exactly that . It comes with standard all-wheel drive, making it ideal for those living in areas with challenging weather conditions. The Forester offers a spacious and comfortable interior, with ample cargo space for all your gear. It also comes equipped with a range of safety features, including Subaru’s EyeSight driver assistance system. With its reputation for reliability and off-road capability, the 2018 Subaru Forester is a great option for those seeking adventure without breaking the bank.

What We Liked

  • Sturdy exterior
  • Spacious cargo
  • Affordable

What We Disliked

  • High fuel consumption
  • Moderate acceleration

Review

2018 Subaru Forester

Reliability
Price
Appearance
Features
3.4

5. 2017 Toyota RAV4

Parked Toyota RAV4

The Toyota RAV4 has long been a popular choice in the compact SUV segment, and the 2017 model continues to impress. It offers a spacious and well-designed interior, with comfortable seating and plenty of cargo space. The RAV4 comes equipped with Toyota’s suite of advanced safety features, including forward collision warning, automatic emergency braking, and lane departure warning. With its reputation for reliability and excellent resale value, the 2017 Toyota RAV4 is a smart and practical choice for those on a budget.

What We Liked

  • Nice interior
  • Auto emergency brakes
  • High resale value
  • Affordable

What We Disliked

  • No engine options
  • Poor transmissions

Review

2017 Toyota RAV4

Reliability
Price
Appearance
Features
4

6. 2016 Honda CR-V

2016 Honda CR-V

If you’re looking for a compact SUV with a reputation for reliability and practicality, the 2016 Honda CR-V is an excellent choice. It offers a comfortable and spacious interior, with plenty of cargo space for all your needs. The CR-V comes equipped with a range of advanced safety features, including a rearview camera, lane departure warning, and forward collision warning. With its excellent fuel efficiency and reputation for reliability, the 2016 Honda CR-V would be great for those seeking a dependable and affordable SUV.

What We Liked

  • Fuel efficient
  • High resale value
  • Affordable

What We Disliked

  • Subpar brake system
  • Above average maintainence

Review

2016 Honda CR-V

Reliability
Price
Appearance
Features
4.3

7. 2018 Mazda CX-5

2018 Mazda CX-5

The 2018 Mazda CX-5 is a compact SUV that offers a perfect balance of style, performance, and practicality. Featuring a sleek and modern design, with well-crafted interior and high-quality materials, the CX-5 comes equipped with a range of advanced safety features, including blind-spot monitoring, rear cross-traffic alert, and adaptive cruise control. With its engaging driving dynamics and fuel-efficient engine options, the 2018 Mazda CX-5 is definitely great for those seeking a fun and capable SUV.

What We Liked

  • Powerful engine
  • Modern design
  • Cruise control

What We Disliked

  • High maintainence fees
  • Engines requiring high quality fuel

Review

2018 Mazda CX-5

Reliability
Price
Appearance
Features
4

8. 2014 Chevrolet Tahoe

2014 Chevrolet Tahoe
2014 Chevrolet Tahoe

For those in need of a larger SUV with ample seating and towing capabilities, the 2014 Chevrolet Tahoe is an excellent option. It offers a spacious and comfortable interior, with seating for up to nine passengers. The Tahoe comes equipped with a powerful V8 engine that delivers strong performance and towing capabilities. With its reputation for reliability and versatility, the 2014 Chevrolet Tahoe is a great choice for those seeking a dependable and capable SUV.

What We Liked

  • High performance
  • Spacious interior
  • Strong towing capacity

What We Disliked

  • Noisy
  • Not fuel efficient

Review

2014 Chevrolet Tahoe

Reliability
Price
Appearance
Features
3.9

9. 2014 GMC Yukon

2014 GMC Yukon

The 2014 GMC Yukon is another excellent option for those in need of a larger SUV. It offers a spacious and comfortable interior, with seating for up to nine passengers. The Yukon comes equipped with a range of features, including a rearview camera, Bluetooth connectivity, and a touchscreen infotainment system. With its powerful V8 engine and towing capabilities, the 2014 GMC Yukon is a great choice for those seeking a reliable and capable SUV.

What We Liked

  • Extremely good looking
  • Spacious interior
  • Strong towing capacity

What We Disliked

  • Poor value
  • Meh interior

Review

2014 GMC Yukon

Reliability
Price
Appearance
Features
3.8

10. 2015 Nissan Xterra

2014 Nissan Xterra on an adventure

If you’re looking for a rugged and capable SUV that can handle off-road adventures, the 2015 Nissan Xterra is a great SUV to consider. It comes equipped with a powerful V6 engine, a sturdy body-on-frame construction, and available four-wheel drive. The Xterra offers a spacious and versatile interior, with ample cargo space for all your gear. With its reputation for reliability and off-road capability, the 2015 Nissan Xterra is a great option for those seeking adventure on a budget.

What We Liked

  • Great off road performance
  • All weather capability

What We Disliked

  • Outdated technology
  • Rough ride

Review

2015 Nissan Xterra

Reliability
Price
Appearance
Features
3.5

There are plenty of options available for those seeking a reliable and affordable SUV under $20,000. All you need to do is find out whether you prioritize luxury, space, comfort, fuel efficiency, or off-road capability, because there is a model that will suit your every need. Each SUV offers its own unique set of features and advantages. By considering the models mentioned above and conducting thorough research, you can find the perfect used SUV that meets your budget and preferences. Happy car hunting!