4 min read
18 Oct
18Oct

In today's automotive landscape, automakers are reinventing the full-size SUV as a multifaceted vehicle class with cavernous interiors, robust capabilities, and versatile functionality. However, the allure of these spacious behemoths often comes with a substantial price tag. That's where we step in – to explore the realm of affordability within the full-size SUV segment. 

Of course, if you have your eyes set on a new large SUV, you want to have a five-figure budget north of $70,000 to $80,000. For the 2023/24 model year, the most affordable full-size SUVs can be had for around $55,000 in their base trim. In this article, we'll provide a quick roundup of the most budget-friendly options for less than $60,000 in the world of full-size sport utility vehicles. 

The price difference between the most expensive and cheapest large SUVs may not always be substantial, but the difference is significant enough to have a serious sway in your shopping decisions, especially for those in the market for affordable family SUVs. Whether you're a family seeking extra room or an adventurer requiring ample cargo space, below are the top 5 contenders in the lineup of the cheapest full-size SUVs this year and the next. 

Related Reading: Leisure Redefined: The 10 Best Luxury SUVs On The Market You Can Buy In 2023 Without Breaking The Bank 

5. 2023 GMC Yukon

  • Starting MSRP: $59,295
  • Seating Configuration: 3 Rows / Captain Chairs
2023 GMC Yukon Denali Ultimate.

The 2023 Yukon remained GMC's flagship SUV until the automaker introduced the SUV version of the Hummer EV in January 2023. The Yukon offers an upscale three-row seating configuration mirroring the Tahoe and Suburban. The new Denali Ultimate trim is the priciest of the ‘23 Yukon lineup, packing enough luxury and tech to impress the staunchest technophiles. 

Positioned between the Tahoe and Cadillac Escalade, the Yukon excels with a roomy interior, capable powertrains, and the option of an adaptive air suspension. The Yukon's squared-off design and an available turbodiesel promise a stylish and efficient ride. 

4. 2023 Chevrolet Suburban

  • Starting MSRP: $59,095
  • Seating Configuration: 3 Rows / Captain Chairs
2023 Chevrolet Suburban.

With a history dating back to 1935, the Suburban remains an iconic full-size SUV in its 12th generation. The 2023 Chevy Suburban offers three rows and seating for up to eight, along with an impressive towing capacity of 8,300 pounds. 

You have a choice of a standard 355-hp V8, an optional 277-hp inline-six turbodiesel, or a 420-hp gas V8, all paired with a responsive 10-speed automatic transmission and optional rear- or four-wheel-drive. 

The Suburban provides vast cargo space, even outclassing the Jeep Wagoneer when the third row is folded. It can be equipped with an air suspension for a smoother ride. Interior aesthetics are somewhat subpar, but the 10.2-inch touchscreen handles climate and navigation swiftly and clearly. 

3. 2024 Ford Expedition

  • Starting MSRP: $57,970
  • Seating Configuration: Up To 3 Rows / Captain Chairs
2024 Ford Expedition.

Ford’s largest SUV, the 2024 Expedition, boasts impressive capabilities due to its truck-based design. The SUV’s towing capacity of up to 9,300 pounds far surpasses unibody rivals like the Honda Pilot and Volkswagen Atlas, which max out at 5,000 pounds. 

Whether you're hauling a ski boat or a hefty camper, the Expedition is a top choice among large three-row SUVs. It offers a roomy interior, highly customizable comfortable seats, a potent turbocharged V6 engine, and user-friendly handling. The only downside is its less-than-stellar real-world fuel efficiency. 

Related Reading: Genesis GV70 Is The Best Luxury Compact SUV For 2023/24 – US News & World Report 

2. 2023 Chevrolet Tahoe

  • Starting MSRP: $56,095
  • Seating Configuration: 3 Rows / Captain Chairs
2023 Chevrolet Tahoe.

The 2023 Tahoe, now featuring Super Cruise semi-autonomous driving, aims to win over three-row SUV shoppers. It offers spacious interiors, impressive cargo capacity, and competitive tech. 

While its powertrains and automatic transmission are attractive selling points, the standard coil-spring suspension subtracts from the ride quality. Plus, Tahoe’s outdated cabin controls also disappoint. In contrast, the Ford Expedition excels in ride quality and interior refinement, leaving the Tahoe's advantage in ample space as its standout feature. 

1. 2024 Nissan Armada

  • Starting MSRP: $53,000 est.
  • Seating Configuration: 3 Rows / Captain Chairs
2024 Nissan Armada.

Nissan's Armada embraces its old-school charm, confident in its body-on-frame construction, V-8 power, and a competitive 8,500-pound tow capacity. Four-wheel drive is available on all trims, with luxury options like heated leather seats, rear displays, and wood trim. 

While it's competitively priced with models like the Chevy Tahoe and Ford Expedition, its fuel economy remains at 16 mpg. The Armada's unique style stands out in the crowded SUV market. 

More On The Cheapest SUVS For 2023/2024

2023/2024 cheapest SUVs - Hyundai Venue.

Cheapest 2-Row SUV: 2024 Hyundai Venue

  • Starting MSRP: $21, 800
  • Seating Configuration: 2 Rows
2024 Hyundai Venue.

The 2024 Hyundai Venue SUV offers an incredibly low base price, including standard driver assistance tech like lane keep assist and forward collision avoidance. While it lacks the all-wheel-drive found in pricier competitors, its spacious interior and 121-hp four-cylinder engine are ideal for urban driving. 

Cheapest 3-Row SUV: 2023 Volkswagen Tiguan

  • Starting MSRP: $26,590
  • Seating Configuration: 3 Rows / Captain Chairs
2023 Volkswagen Tiguan.

The 2023 Volkswagen Tiguan stands out in the compact crossover category with its European flair, offering crisp handling and elegant design. It's powered by a fuel-efficient turbocharged 2.0-liter engine, and every model includes tech features, a spacious cabin, and optional third-row seating. The Tiguan is unique for its sporty and enjoyable driving experience. 

Cheapest Compact SUV: 2023 Nissan Kicks

  • Starting MSRP: $23,785
  • Seating Configuration: 2 Rows
2023 Nissan Kicks.

While perfect for urban driving, the 2023 Nissan Kicks lacks all-wheel drive and may leave you wanting more power from its 122-hp four-cylinder engine. It's Nissan's smallest and budget-friendly SUV, offering style, great tech, and good value. It's fuel-efficient, easy to park, and enjoyable on curvy roads, but falls short in terms of comfort and performance compared to rivals.

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