Best Suvs 2024 Under 40K - TOP 8 Suvs On Budget
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Best Suvs 2024 Under 40K

For those searching for the ideal blend of affordability, functionality, and style in their next vehicle, MotorVibez’s guide to the best SUVs of 2024 under $40k is an indispensable resource. This carefully curated list showcases eight exceptional models that stand out in a crowded market, offering readers insights into the latest features, performance metrics, and value propositions of these budget-friendly SUVs. Whether you’re in the market for rugged adventure-ready options or family-friendly rides with luxury touches, this review provides a comprehensive overview to help you make an informed decision.

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Best Suvs Under 40K 2024

#1 2024 Kia Telluride: $37 585

2024 Kia Telluride

Handsome Inside and Out

We’ve got to say, the 2024 Telluride really stands out on our SUV shopping list. What catches our eye first? Its sleek styling, for starters. This ride looks good coming and going, thanks to its smooth-running V-6 engine and an interior that whispers luxury without shouting.

Family-Friendly to the Core I

f you’re hunting for a vehicle that’s all about family, the Telluride has got you covered. With a spacious three-row interior, it’s the perfect fit for family adventures or just running errands around town. It’s not just roomy; it’s designed to keep everyone comfortable on the long haul.


For those who live for the weekend and the adventures it brings, the Telluride steps up. Ready to tow up to 5500 pounds and boasting a cargo-friendly layout, this SUV is a dream for anyone looking to escape into the wild. Opt for the rugged X-Pro version, and you’re well-equipped for off-road escapades that others might shy away from.

Comfort Meets Capability

While we’re always up for a bit more excitement behind the wheel, it’s hard to fault the Telluride’s smooth ride and quiet cabin. Long drives feel shorter, thanks to its ability to glide over roads and keep the outside world…well, outside.

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#2 2025 Hyundai Tucson Hybrid – Beyond Fuel Efficiency: $34 000

2025 Hyundai Tucson Hybrid
Best Suvs 2024 Under 40K

Stylish and Feature-Packed

Though it’s their fuel efficiency that grabs headlines, the 2025 Hyundai Tucson Hybrid and Tucson PHEV (Plug-in Hybrid) offer much more than just savings at the pump. Both models boast the non-hybrid Tucson’s fresh-for-2025 angular and bold styling. They’re equipped with a competitive array of standard safety and tech features, ensuring they’re as smart as they are good-looking. Plus, their quiet-and-composed ride quality sets a high bar for comfort.

A Boost in Performance

Where these models really shine is in their performance. Thanks to electric assist and standard all-wheel drive, both the Tucson Hybrid and PHEV offer a zippier experience than their standard counterpart. The Hybrid flexes with 231 horsepower, while the PHEV impresses with 261 horses鈥攗pgrades of 44 and 74 horsepower, respectively, over the standard Tucson. This increase in power doesn’t sacrifice efficiency; in fact, both models significantly outperform their gas-only sibling in fuel economy.

Pleasant Driving Experience

One of the most appreciated aspects is how these vehicles sound鈥攐r, rather, don’t sound. The traditional six-speed automatic transmission cuts down on the drone that plagues many of the continuously variable automatic transmissions found in competing hybrids. It’s a small but meaningful detail that enhances the driving experience.

Affordable Efficiency

While the Tucson’s blueprint as a five-passenger SUV is already compelling, the Hybrid and PHEV variants elevate the formula. They offer a superior mix of power and efficiency without demanding a hefty premium. This makes them among the most cost-effective options for those looking to dip their toes into the world of electrified driving without breaking the bank.

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#3 2024 Honda CR-V / CR-V Hybrid: $30 850

2024 Honda CR-V / CR-V Hybrid

A Winning Debut

From the moment it hit the scene last year, the new CR-V didn’t just enter the market; it burst onto it, swiftly snagging a spot on the 10Best Trucks and SUVs list. It wasn’t a fleeting moment of glory, either. Honda’s champion compact SUV finds itself honored on our 10Best list yet again for 2024, and it’s also the proud recipient of a 2024 Editors’ Choice award.

Performance and Practicality

What sets the CR-V apart? For starters, its performance is reliably impressive. It’s not just about the power under the hood, which is considerable with a 190-hp turbocharged engine and an even more robust 204-hp hybrid option. The hybrid doesn’t just add power; it’s also incredibly efficient, boasting an impressive 40 mpg combined.

Driver-Friendly Dynamics

But power and efficiency are just part of the story. The CR-V shines with its user-friendly driving dynamics. Whether you opt for front- or all-wheel drive, you’re in for a ride that’s as pleasant as it is reliable. And let’s not forget the space鈥攖here’s plenty of it, making the CR-V as practical as it is enjoyable to drive.

Tech and Safety Without the Showboating

Even the base model is a standout, loaded with modern tech and safety features. These additions complement rather than compete with the CR-V’s superb chassis, ensuring a balanced and safe driving experience without overshadowing the vehicle’s inherent strengths.

A Segment Leader

In the fiercely competitive compact crossover segment鈥攋ostling against rivals like the Mazda CX-50, Volkswagen Tiguan, and Kia Sportage鈥攖he CR-V remains our favorite. It’s a testament to Honda’s ability to deliver a vehicle that excels across the board, offering a blend of performance, efficiency, and practicality that’s hard to beat.

#4 2024 Mazda CX-50: $31 675

2024 Mazda CX-50

Mazda’s SUV Evolution

As Mazda pivots more of its lineup toward SUVs, the 2024 CX-50 emerges as a compelling testament to the brand’s enduring spirit. It’s a beacon of Mazda’s “zoom-zoom” ethos, blending a ruggedly attractive design with an upscale interior that doesn’t skimp on comfort or quality. Yet, what truly sets the CX-50 apart is its commitment to preserving the agile handling and sheer driving enjoyment Mazda is celebrated for.

Power and Performance

At its core, the CX-50 starts strong with a 187-hp four-cylinder engine, paired with standard all-wheel drive to navigate various terrains and conditions. However, the real excitement kicks in with the available 256-hp turbocharged four-cylinder option, elevating the driving experience with that extra punch of power.

A Contender Among Giants

In the competitive realm of compact SUVs, the CX-50 holds its own against industry stalwarts like the Honda CR-V and the Volkswagen Tiguan. It even faces competition from within its own lineup, notably the Mazda CX-5. Yet, it’s the CX-50’s masterful combination of style, comfort, and performance that allows it to carve out a niche for itself. Its ability to marry the rugged charm of an SUV with the driving dynamics Mazda is known for makes it a standout choice.

#5 2024 Hyundai Palisade – A Symphony of Utility, Value, and Luxury: $38 045

2024 Hyundai Palisade

The 2024 Hyundai Palisade hits all the right notes, offering a blend of utility, value, and luxury that few SUVs can match. Its harmonious combination has rightfully earned it a spot on our 2024 Editors’ Choice list. While it shares its foundational notes with the acclaimed Kia Telluride, the Palisade composes its own unique melody with a distinctive aesthetic appeal.

Performance That Soothes

Under the hood, each Palisade is powered by a smooth 3.8-liter V-6 engine, paired with an eight-speed automatic transmission. The option of all-wheel drive adds versatility, though the standard setup sends power to the front wheels. Its on-road performance might not have the sporty tempo of the Mazda CX-90, but the Palisade conducts a composed and relaxed drive, making it an ideal companion for long journeys.

An Interior That Resonates Luxury

Step inside, and the Palisade impresses with a cabin that looks and feels upscale. The attention to detail in the finishes and the comfort offered by three rows of seats demonstrate Hyundai鈥檚 commitment to quality and comfort. The integration of connectivity and convenience features ensures a harmonious experience for all occupants, making every seat feel like the best in the house.

Elevated Comfort in High-End Models

The experience crescendos with the Limited and Calligraphy models, which elevate the Palisade鈥檚 luxury to a new level. Quilted leather upholstery, exquisite trim options, and second-row captain’s chairs are just a few of the features that enhance the ambiance, encapsulating passengers in a near-luxury environment.

#6 2024 Jeep Grand Cherokee – Adventure Meets Sophistication: $32 825

2024 Jeep Grand Cherokee
Best Suvs 2024 Under 40K

Jeep, a brand synonymous with rugged off-road capability, especially noted in icons like the Wrangler, showcases its versatility with the 2024 Grand Cherokee. This two-row mid-size SUV, distinct from its three-row sibling, the Grand Cherokee L, strikes a perfect balance, earning a well-deserved spot on our 2024 Editors’ Choice list. It’s designed with a clear focus on comfort for the highway while maintaining enough of Jeep’s adventurous spirit to satisfy those who hear the call of the wild.

Engineered for Every Journey

The heart of most Grand Cherokee models is a robust V-6 engine, providing a solid foundation of power for both urban commutes and off-the-beaten-path adventures. For those seeking a greener trail, the 4xe plug-in hybrid system presents an enticing option, especially in the Trailhawk model, where it’s standard. This setup not only offers an eco-friendly alternative but also ensures the Grand Cherokee stays true to its off-road heritage.

A Trim for Every Traveler

Jeep’s understanding of its diverse audience is reflected in the Grand Cherokee’s wide range of trims. Starting with the practical Laredo and ascending to the opulent Summit Reserve, there’s a Grand Cherokee for every taste and requirement. The Summit Reserve, in particular, stands out with its luxury offerings that rival those of premium European brands like BMW and Mercedes-Benz, making it a compelling choice for those who demand the best of both worlds.

Versatility at Its Core

With its blend of on-road comfort and off-road capability, the 2024 Jeep Grand Cherokee continues to carve its niche within the SUV segment. Whether you’re drawn to the practical appeal of the Laredo or the unmatched luxury of the Summit Reserve, the Grand Cherokee remains a testament to Jeep’s expertise in creating vehicles that are as versatile as they are reliable. Its inclusion in our 2024 Editors’ Choice list is a nod to its broad appeal, offering something for everyone from the everyday commuter to the adventure enthusiast.

#7 2024 Ford Bronco Sport – Adventurous Spirit in a Smaller Package : $32 825

2024 Ford Bronco Sport

The 2024 Ford Bronco Sport may not tackle the most challenging terrains like its larger counterpart, the Bronco, but it certainly captures the essence of the off-roader lifestyle with its capabilities and distinctive styling. It’s a testament to the idea that adventure doesn’t always require the biggest footprint. Though the Rubicon Trail might be out of its league, the Bronco Sport confidently ventures where most compact SUVs hesitate, offering a taste of the wild to those eager to explore.

Off-Road Credentials

The Bronco Sport’s off-road aptitude shines brightest in the Badlands model, which boasts a robust 245-hp turbocharged four-cylinder engine and a sophisticated torque-vectoring all-wheel-drive system. This setup places it in a league with the esteemed trail-rated Jeep Cherokee, highlighting the Bronco Sport’s readiness for adventure.

Practicality Meets Thoughtfulness

Beyond its adventurous capabilities, the Bronco Sport impresses with its practical interior and array of clever features. Standard across the lineup is a 181-hp turbocharged three-cylinder engine paired with all-wheel drive, striking a balance between power and efficiency. In fact, this configuration achieved an impressive 33 mpg on the highway in our real-world testing, underscoring the Bronco Sport’s sensible side.

Areas for Improvement

Despite its many strengths, the 2024 Bronco Sport isn’t without its flaws. Some interior materials fall short of expectations, detracting from the otherwise rugged and ready cabin ambiance. Additionally, the rear seating area can feel cramped, a common compromise in compact SUVs but worth noting for those prioritizing passenger comfort.

#8 2024 Kia Sorento – Kia’s Versatile Mid-Size Contender: $33 365

2024 Kia Sorento

Detailed Review of 2024 Kia Sorento.

Kia has already captured the attention of the mid-size SUV market with the Telluride and the EV9, but the 2024 Sorento brings something special to the table鈥攁 versatility that’s hard to match. Unlike its siblings that offer a single powertrain option, the Sorento plays a different game with four distinct choices, including two eco-friendly hybrids. This diversity ensures there’s a Sorento for every type of driver, whether you’re watching your budget or looking to indulge a bit.

Powertrains for Every Preference

At the entry level, the Sorento offers a practical nonturbo four-cylinder engine with front-wheel drive, perfect for those keeping an eye on expenses. For those willing to explore and spend more, the turbocharged X-Pro model not only adds a bit of off-road capability but also wraps passengers in a variety of interior luxuries.

Electrification Options Galore

The Sorento doesn’t stop there. It ventures into the electrified realm with a plug-in hybrid model that boasts up to an estimated 32 miles of electric-only driving, ideal for daily commutes and short trips. For those intrigued by hybrid technology but hesitant about the need for regular charging, the standard hybrid variant offers a seamless blend of enhanced acceleration and impressive fuel efficiency.

Room for Everyone

All these powertrain options come with the added benefit of three rows of seating, ensuring that there’s room for family and friends on every journey. While the Sorento may not offer as much space in the third row compared to the Telluride, it still maintains a commendable balance between comfort and utility.

The Sorento’s Place in Kia’s Lineup

The 2024 Kia Sorento reinforces its position as Kia鈥檚 utility player in the mid-size SUV class. Its wide range of powertrains caters to a broader audience, offering something for everyone鈥攆rom the budget-conscious to the eco-minded, and even those seeking a touch of luxury. With the Sorento, Kia proves that versatility and choice are key to meeting the diverse needs of today鈥檚 SUV buyers.

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