Top 10 Luxury SUVs 2023 — Best Overall + Best Value

1. Genesis GV70

The Genesis GV70 ranks first because it delivers German-tier polish, standard all-wheel drive, and a 375-hp twin-turbo V6 option starting at $42,600, undercutting rivals by thousands. Its 14.5-inch touchscreen, available Nappa leather, and fingerprint reader elevate the cabin, while the 5-year/60,000-mile basic and 10-year/100,000-mile powertrain warranty leads the class. EPA fuel economy is 22/28 mpg for the 2.5T and 19/24 mpg for the 3.5T, with 28.9 cubic feet of cargo space.

This is for buyers who want a premium compact SUV without the German price premium, trading some cargo room for style and value. Compared to the Lexus RX below, the GV70 offers more power and a sportier feel, but the RX counters with superior hybrid efficiency and a longer reliability track record. The GV70's warranty and lower starting price make it the smarter overall purchase for most.

2. Lexus RX 350h

The Lexus RX 350h ranks second as the Best Value pick because its redesigned 2023 platform returns an outstanding 36 mpg combined from a 246-hp hybrid system, with a starting MSRP of $50,000. Legendary Lexus reliability and low projected five-year ownership costs make it the cheapest vehicle to own over time in this group. Cargo space is 29.6 cubic feet, and the cabin is serene, quiet, and beautifully finished with a 14-inch touchscreen.

This is for efficiency-focused owners who prioritize comfort and dependability over sporty handling, trading the GV70's power for superior fuel economy. Compared to the Genesis above, the RX is softer and less engaging to drive, but it wins on resale value and long-term cost. The hybrid powertrain is the key differentiator, making it the smartest dollar-for-dollar choice for high-mileage drivers.

3. BMW X3

The BMW X3 ranks third because it remains the enthusiast's compact luxury SUV, with the xDrive30i's 248-hp turbo four and the M40i's 382-hp mild-hybrid inline-six delivering sharp acceleration. Standard all-wheel drive and an eight-speed automatic provide crisp, precise handling that leads the compact class, with fuel economy around 23-25 mpg combined. Cargo space is 28.7 cubic feet, and the driver-focused cabin features intuitive iDrive infotainment.

This is for drivers who want a sporty, tech-rich compact and are willing to pay for options, trading the RX's efficiency for athleticism. Compared to the GV70 above, the X3 offers more engaging dynamics but a less opulent interior and a shorter warranty. It is the most fun-to-drive pick here, but it costs more when similarly equipped, making it a performance-first choice.

4. Mercedes-Benz GLC

The Mercedes-Benz GLC ranks fourth because its 2023 redesign brings the latest cabin tech and a plush ride, centered on a 255-hp 2.0-liter turbo four with a 48-volt mild hybrid. The 4MATIC all-wheel-drive version returns about 25/32 mpg city/highway, and cargo space grows to 21.9 cubic feet. The dashboard mirrors the C-Class with a large portrait touchscreen running the newest MBUX software, surrounded by genuinely premium materials.

This is for shoppers chasing the newest interior and infotainment, trading the X3's sportiness for a more refined, comfort-oriented daily driver. Compared to the BMW above, the GLC has a more modern cabin but only one engine at launch, limiting performance options. It is a benchmark for daily refinement, though the touch controls can be distracting and less intuitive than iDrive.

5. Acura MDX

The Acura MDX ranks fifth because it delivers genuine three-row practicality at a fair price, with a standard 290-hp 3.5-liter V6 and an available 355-hp Type S turbo V6. Front-drive models earn about 19/26 mpg, while SH-AWD sharpens handling, and cargo capacity reaches 18.1 cubic feet behind the third row. A 12.3-inch screen, available ELS audio, and a full AcuraWatch safety suite come standard, with strong crash-test results.

This is for families needing three rows without a luxury-tax price, trading the GLC's tech for space and utility. Compared to the Mercedes above, the MDX is larger and more practical, but its touchpad infotainment frustrates some users, and the third row is best for kids. It offers sharp SH-AWD handling for the class, making it the smart family choice when you refuse to overpay.

6. Genesis GV80

The Genesis GV80 ranks sixth because it brings the brand's value formula to the midsize class, with a 300-hp turbo four standard and a 375-hp twin-turbo V6 optional, starting at $43,600. Fuel economy runs about 20/24 mpg for the four and 18/23 mpg for the V6, with an optional third row adding 11.6 cubic feet of cargo space. A dual-screen dash, quilted leather, and excellent material quality make it feel far costlier than it is.

This is for luxury buyers wanting a midsize three-row bargain, trading the MDX's sharper handling for a more opulent cabin. Compared to the Acura above, the GV80 is more refined and has a longer warranty, but its third row is tighter for adults. It is a genuine luxury experience at a mainstream-luxury price, though V6 fuel economy is unremarkable.

7. BMW X5

The BMW X5 ranks seventh because it is a midsize two-row standout, powered by a 375-hp turbocharged 3.0-liter inline-six with a 48-volt mild hybrid and standard all-wheel drive. EPA economy lands near 23/27 mpg, and cargo space is generous at 33.9 cubic feet, expanding to 72.3 cubic feet. The X5 blends a luxurious, tech-forward cabin with athletic handling and a long options list, plus available plug-in and high-performance variants.

This is for buyers wanting a midsize BMW that does everything, trading the GV80's value for a more polished and capable package. Compared to the Genesis above, the X5 has a larger cargo hold and a more athletic chassis, but pricing climbs fast with options. It is a do-it-all midsize luxury SUV that justifies its price with depth and polish, though it is less value-focused than the Genesis pair.

8. Volvo XC90

The Volvo XC90 ranks eighth because it is defined by calm design and safety leadership, with the B6 mild-hybrid making 295 horsepower and the T8 Recharge plug-in hybrid delivering 455 combined horsepower. The T8 offers about 36 miles of electric range, and total cargo capacity reaches 85.7 cubic feet. A minimalist cabin, supportive seats, and Volvo's comprehensive standard safety tech anchor its appeal, starting at $58,650.

This is for safety-first families who want understated Scandinavian style, trading the X5's athleticism for a more serene and efficient experience. Compared to the BMW above, the XC90 has a plug-in option with EV-only commuting, but its infotainment can feel sluggish and the third row is snug for adults. It is the thinking family's three-row luxury SUV, especially in efficient T8 Recharge form.

9. Porsche Macan

The Porsche Macan ranks ninth because it is the segment's driver's car, with the base 261-hp turbo four, the S's 375-hp twin-turbo V6, and the GTS's 434 horsepower. Fuel economy is modest at roughly 19/25 mpg for the base and 17/23 mpg for V6 models, and cargo space is tight at 17.2 cubic feet. AWD is standard, the cabin is impeccably built, and the chassis is the sharpest here, starting at $57,500.

This is for drivers who want a sports car wearing an SUV body, trading the XC90's practicality for class-leading handling. Compared to the Volvo above, the Macan is far more engaging but has the smallest cargo hold in this group. Options inflate the price steeply, making it a niche choice for those who prioritize the drive over utility.

10. Cadillac Lyriq

The Cadillac Lyriq ranks tenth because it is the brand's first dedicated electric SUV, built on GM's Ultium platform with a 100-kWh battery and a 340-hp single-motor rear-drive setup. EPA-estimated range is 312 miles, and dual-motor AWD produces 500 total horsepower, with DC fast charging at up to 190 kW adding about 76 miles in roughly 10 minutes. Cargo space is a generous 28 cubic feet, expanding to 60.8 cubic feet.

This is for early adopters wanting a striking, long-range luxury EV, trading the Macan's dynamics for electric efficiency and space. Compared to the Porsche above, the Lyriq is larger and quieter but has a shorter reliability track record as a new model. It is a compelling first luxury EV that proves Cadillac can play in the electric era, though early-build availability was limited.

How we ranked these

We ranked 2023 luxury SUVs across six weighted categories: interior quality and comfort (25%), reliability and ownership cost (20%), performance and powertrain (15%), tech and features (15%), safety (15%), and price-to-performance (10%). Data came from published road tests, owner-cost data, and independent crash testing from sources like Car and Driver, MotorTrend, Edmunds, KBB, U.S. News, IIHS, EPA, and J.D. Power, all held to the 2023 model year.

We deliberately ignored brand prestige and subjective styling, which often inflate prices without adding tangible value. We also excluded raw horsepower beyond what a typical buyer can use, since above roughly 300 hp, the meaningful differences are ride quality, cabin refinement, and ownership cost. Marketing hype and unverified claims were set aside in favor of measurable, third-party data.

What to look for

When choosing between these SUVs, focus on total cost to own, not just MSRP. Factor in fuel or electricity, insurance, and projected depreciation using KBB and Edmunds data. Match the powertrain to your driving: a hybrid like the RX 350h saves real money for high-mileage drivers, while an EV like the Lyriq only makes sense with reliable charging access. Verify real cargo and third-row space against your gear, and confirm which safety features are standard versus optional.

The mistake most buyers make is chasing the biggest horsepower number or the most prestigious badge. Beyond roughly 300 hp, most drivers rarely use the extra output, and the more meaningful differences are ride quality, cabin refinement, and ownership cost. Overpaying for capability you will seldom tap is the easiest way to waste money. Instead, prioritize warranty length, reliability, and how the vehicle fits your actual daily needs.

Related questions

What is the best overall luxury SUV for 2023?

The Genesis GV70 earns our top spot by combining a premium cabin, standard AWD, a 375-hp V6 option, strong safety scores, and a class-leading warranty for thousands less than comparable German rivals.

Which 2023 luxury SUV is the best value?

The redesigned Lexus RX 350h hybrid, which returns about 36 mpg combined, offers top-tier reliability, and carries low projected five-year ownership costs.

What is the best three-row luxury SUV for 2023?

For value, the Acura MDX and Genesis GV80; for safety and a plug-in option, the Volvo XC90 T8 Recharge.

Are luxury EVs worth it in 2023?

The Cadillac Lyriq makes a strong case with 312 miles of range and fast charging, but only if you have dependable home or workplace charging and accept a newer reliability record.

Which 2023 luxury SUV is the most fun to drive?

The Porsche Macan, especially the 375-hp S and 434-hp GTS, offers sports-car handling, though its cargo space is the smallest in this group.

Do I need all-wheel drive in a luxury SUV?

Many models here include AWD as standard; it improves traction and resale, but front- or rear-drive versions can save money if you live in a mild climate.

How does the Genesis GV70 compare to the BMW X3?

The GV70 offers a more upscale interior, a longer warranty, and a lower starting price, while the X3 is more engaging to drive with sharper handling. Choose based on whether you prioritize value or sportiness.

What is the fuel economy of the Lexus RX 350h?

The RX 350h hybrid returns an outstanding 36 mpg combined, making it one of the most efficient luxury SUVs on the market, ideal for high-mileage drivers.

FAQ

What is the best overall luxury SUV for 2023?

The Genesis GV70 earns our top spot by combining a premium cabin, standard AWD, a 375-hp V6 option, strong safety scores, and a class-leading warranty for thousands less than comparable German rivals.

Which 2023 luxury SUV is the best value?

The redesigned Lexus RX 350h hybrid, which returns about 36 mpg combined, offers top-tier reliability, and carries low projected five-year ownership costs.

What is the best three-row luxury SUV for 2023?

For value, the Acura MDX and Genesis GV80; for safety and a plug-in option, the Volvo XC90 T8 Recharge.

Are luxury EVs worth it in 2023?

The Cadillac Lyriq makes a strong case with 312 miles of range and fast charging, but only if you have dependable home or workplace charging and accept a newer reliability record.

Which 2023 luxury SUV is the most fun to drive?

The Porsche Macan, especially the 375-hp S and 434-hp GTS, offers sports-car handling, though its cargo space is the smallest in this group.

Do I need all-wheel drive in a luxury SUV?

Many models here include AWD as standard; it improves traction and resale, but front- or rear-drive versions can save money if you live in a mild climate.

What is the warranty on the Genesis GV70?

The GV70 comes with a 5-year/60,000-mile basic warranty and a 10-year/100,000-mile powertrain warranty, which is class-leading and far exceeds the German standard of 4 years/50,000 miles.

How much cargo space does the BMW X5 have?

The X5 offers 33.9 cubic feet behind the rear seats, expanding to 72.3 cubic feet with the seats folded, making it one of the roomier two-row midsize luxury SUVs.

What is the range of the Cadillac Lyriq?

The single-motor rear-drive Lyriq has an EPA-estimated 312 miles of range, while the dual-motor AWD version produces 500 horsepower with a slightly reduced range.

Is the Acura MDX a good family SUV?

Yes, the MDX offers genuine three-row practicality, a quiet and comfortable cabin, and strong crash-test results, making it a smart family choice at a fair price.

Sources

• https://www.caranddriver.com/genesis/gv70
• https://www.motortrend.com/cars/genesis/gv70/
• https://www.edmunds.com/genesis/gv70/
• https://www.kbb.com/genesis/gv70/
• https://www.usnews.com/cars-trucks/genesis/gv70/
• https://www.iihs.org/ratings/vehicle/genesis-gv70-2023
• https://www.epa.gov/vehicle-and-fuel-emissions-testing
• https://www.jdpower.com/cars/research
• https://www.lexus.com/models/RX
• https://www.genesis.com/us/en/2024/genesis-gv70.html

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