7 SUVs with the lowest cost to own

Owning an SUV can be an attractive option for those who need the extra space and versatility these vehicles offer. However, the costs associated with ownership can vary widely. In this list, I explore seven SUVs known for their low cost of ownership, making them great choices for budget-conscious drivers. From fuel efficiency to maintenance savings, these models stand out in their class.

Toyota RAV4 (2020)

Toyota RAV4 2020
Image Credit: Europacoche – Own work, CC BY-SA 4.0, via Wikimedia Commons

The 2020 Toyota RAV4 is a popular choice among SUV enthusiasts who value reliability and low ownership costs. With its impressive fuel economy, the RAV4 helps drivers save significantly at the pump. Additionally, Toyota’s reputation for durability means that maintenance and repair costs are often lower compared to other vehicles in its class. This model’s robust resale value further enhances its appeal as a cost-effective option for long-term ownership.

For those interested in hybrid technology, the RAV4 Hybrid offers even greater fuel savings. Its blend of practicality, efficiency, and affordability makes it a standout in the competitive compact SUV market.

Honda CR-V (2018)

2018 Honda CR-V
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The 2018 Honda CR-V is another excellent SUV for those looking to minimize ownership expenses. Known for its spacious interior and smooth ride, the CR-V also boasts a reputation for reliability. Honda’s engineering excellence ensures that routine maintenance costs remain manageable, while its efficient engine keeps fuel expenses in check.

With a strong resale value, the CR-V is a wise investment for families seeking a versatile vehicle without breaking the bank. Whether you’re commuting or heading on a road trip, the CR-V offers a comfortable and cost-effective driving experience.

Subaru Forester (2022)

Subaru Forester 2.0 XS 2022
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Subaru’s 2022 Forester is a compact SUV that excels in providing value for its owners. Renowned for its all-wheel-drive capability and rugged build, the Forester is perfect for those who love outdoor adventures. Its cost of ownership is kept in check by Subaru’s commendable reliability and fuel efficiency.

The Forester’s safety features and spacious cabin make it a strong contender for families. With its combination of practicality, low running costs, and robust safety, the 2022 Forester is a smart choice for those who seek both adventure and economy.

Hyundai Tucson (2023)

2023 Hyundai Tucson Signature (India) front view
Image Credit: Dairokkan9, via Wikimedia Commons, CC BY-SA 4.0

The 2023 Hyundai Tucson offers a modern design and a suite of features that belie its affordable cost of ownership. Hyundai has made significant strides in improving vehicle quality, which translates to fewer repairs and lower maintenance costs. The Tucson’s efficient engine options further reduce fuel expenses, making it an economical choice for daily driving.

Hyundai’s warranty program is another factor that contributes to the Tucson’s low cost of ownership. With its blend of style, technology, and affordability, the Tucson is a compelling option for those seeking value in an SUV.

Mazda CX-5 (2019)

2019 Mazda CX-5
Image Credit: Vauxford – Own work, CC BY-SA 4.0, via Wikimedia Commons

The 2019 Mazda CX-5 is a standout for drivers who prioritize driving dynamics without sacrificing affordability. Known for its engaging handling and upscale interior, the CX-5 also offers a competitive cost of ownership. Mazda’s focus on quality engineering ensures that maintenance and repair costs remain reasonable.

Fuel efficiency is another strong point for the CX-5, allowing owners to enjoy spirited driving while minimizing fuel expenses. With its premium feel and practical ownership costs, the 2019 CX-5 is an attractive option for discerning drivers.

Kia Sportage (2021)

Kia Sportage Plug-in-Hybrid (NQ5) IAA 2021 1X7A0113
Image Credit: Alexander Migl, via Wikimedia Commons, CC BY-SA 4.0

The 2021 Kia Sportage combines a stylish design with a budget-friendly approach to ownership. Kia’s reputation for providing a lot of value for the money is evident in the Sportage’s feature-rich offerings. Its efficient engines and solid build quality result in lower fuel and maintenance costs, appealing to cost-conscious buyers.

With an extensive warranty, the Sportage offers peace of mind and further reduces long-term ownership expenses. Its balance of style, reliability, and affordability makes it a great choice for those looking to maximize their investment.

Nissan Rogue (2025)

2025 Nissan Rogue Rock Creek AWD, front NYIAS 2025
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The 2025 Nissan Rogue is poised to continue its legacy as a cost-effective SUV option. With its modern design and advanced technology, the Rogue offers a compelling package for drivers seeking value. Nissan’s focus on fuel efficiency and low maintenance costs make the Rogue a practical choice for everyday commuting.

The Rogue’s spacious interior and array of safety features also contribute to its appeal, providing both comfort and assurance for families. As a forward-thinking SUV, the 2025 Rogue stands out as an economical choice for the future.

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