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After years of supply chain, across-the-boardinflationand inventory problems, inventory levels are forcing prices even lower.
If you need a new vehicle, nows a great time to buy.
Several highly rated new SUVs are available for less than $40,000.
Here are the top picks across categories, courtesy of U.S. News & World Report.
Also see six popular SUVs that are not worth the cost.
Small SUVs
Vehicle shoppers who need something slightly larger than a sedan may prefer these small SUVs.
Theyre the most affordable vehicles on this list.
2024 Mazda CX-5
This compact SUV seats five in its comfortable interior.
It gets up to 31 miles per gallon on the highway high among comparable vehicles.
The 2024 Mazda CX-5 costs between$29,300 and $40,600 MSRP.
2024 Kia Soul
The Kia Soul is a subcompact SUV with a lot of personality.
However, the Soul is not available in all-wheel drive.
The vehicles greatest strengths are its fuel economy and value for the price.
The 2024 Kia Soul costs between$20,190 and $24,390 MSRP.
It comes with an 181-horsepower turbocharged engine, but you might choose the 250-horsepower turbo-four for even more power.
Four-wheel drive also comes standard.
As for drawbacks, the Bronco offers poor fuel economy compared to similar-sized SUVs.
The 2024 Ford Bronco Sport costs between$31,230 and $38,390 MSRP.
Unfortunately, the four-cylinder engine in the Tucson doesnt live up to the sophisticated interior.
Its not very powerful, which makes the Tucson slower than comparable SUVs.
If you value comfort over speed, the Tucson may be the right SUV for you.
The 2024 Hyundai Tucson costs between$27,500 and $38,260 MSRP.
2024 Kia Telluride
The Kia Tellurides roomy interior cabin can accommodate up to eight passengers.
The Telluride includes a 219 horsepower V6 engine but is less fuel-efficient than some of its competitors.
Like the Telluride, it is only average in terms of fuel efficiency.
Its strengths are the abundant cargo space, comfortable interior, and plenty of standard features.
The Palisade is also incredibly safe, with features like forward automatic emergency braking and cyclist detection.
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