SUVs have evolved into popular driving companions globally, offering various engine choices. Consumers favor them for comfort, adaptability, and spacious cabins. However, finding a power-packed SUV that delivers excitement can be challenging.
Ranking them wisely is complex due to their differences. Explore the fastest affordable SUVs below to make an informed choice.
It’s important to note that over the past years, prices in the automobile industry have significantly risen. Consequently, several formerly fast SUVs no longer qualify for this list, as their prices have exceeded the $40,000 threshold.
If you’re on the lookout for an SUV that combines speed and affordability, you’re in the right place. So, buckle up as we explore these speedsters that won’t break the bank!
How We Researched these Models
Identifying the Budget Cap: We set the price limit at $40,000 and focused on new or recent models that fit within this range.
Gathering Data: We consulted reputable automotive websites, manufacturer specifications, and consumer reviews to compile a list of SUVs that offer strong performance within the budget.
Performance Metrics: We focused on key performance indicators such as horsepower, 0-60 mph acceleration times, top speed, and engine type to determine which SUVs are the fastest.
1. 2024 Mazda CX-30 Turbo Premium
- Price: $34,990
- Engine: Inline 4, 2.5 L Cylinders
- Horsepower: 250 HP
- 0-60 MPH: 6.4 seconds
Priced at $33,800, the 2024 Mazda CX-30 stands out as a powerhouse in acceleration and speed. Its 2.5-liter I4 turbo, delivering a robust 250 horsepower, is the driving force behind its impressive performance.
Thanks to this turbocharged engine, the CX-30 can sprint from 0 to 60 mph in just about 5.8 seconds, outclassing every other contender that came before it. While its fuel economy is decent, averaging around 25 mpg combined, it doesn’t reach mind-blowing levels.
In summary, the Mazda CX-30 is a strikingly fast vehicle, though it doesn’t offer much else beyond its impressive speed.
2. 2024 Mazda CX-5 2.5 Turbo
- Price: $37,800
- Engine: 2.5 L 4-cylinder
- Horsepower: 227 HP
- 0-60 MPH: 6.6 seconds
The 2024 Mazda CX-5 stands out with its impressive riding dynamics and a premium paint finish that sets it apart from the competition. Introducing a new color, Rodium White, exclusively for the Turbo lineup adds a touch of sophistication.
Boasting a stylish exterior, the CX-5 complements its looks with elegant interiors, featuring black cloth upholstery in the CX-5 2.5 S model.
Under the hood, the 2.5 L turbo engine propels the CX-5 from 0 to 60 mph in a mere 6.5 seconds, showcasing its powerful performance. The engine’s output enables the CX-5 to achieve a top speed of 145 mph.
The CX-5 2.5 Turbo Signature AWD exhibits an enhanced design, putting up strong competition against its rivals. Safety features in the CX-5 Signature include front and rear parking sensors, a 360-degree camera, and traffic sign recognition, setting a new standard in safety.
3. 2024 Volvo XC40
- Price: $40,500
- Engine: 2.0 L 4-cylinder
- Horsepower: 247 HP
- 0-60 MPH: 6.1 seconds
The sole hybrid on this roster is the 2024 Volvo XC40 equipped with the B5 engine option. This configuration pairs a 2.0-liter four-cylinder unit with an electric motor, delivering a combined power of 247 horsepower and 258 lb-ft of torque.
It’s worth noting that the XC40 comes initially with the B4 engine, available exclusively in the front-wheel-drive (FWD) version. However, for an additional $2,000, you can opt for the more potent B5 engine, which includes all-wheel drive (AWD) as a standard feature.
In terms of performance, the Volvo shows commendable acceleration for a hybrid SUV, clocking in at 6.1 seconds for the 0-60 mph (0-96 km/h) sprint. To own this mild hybrid SUV, you’ll need to shell out a starting price of $39,645.
4. 2024 Lincoln Corsair
- Price: $38,990
- Engine: 2.0 L 4-cylinder and 2.5 L 4-cylinder
- Horsepower: 250 HP
- 0-60 MPH: 6.6 seconds
The 2024 Corsair by Lincoln is a stylish and sophisticated SUV that efficiently meets your needs.
Powered by a 250-horsepower turbocharged 2.0-liter inline-four engine, the Corsair accelerates to 60 mph in a swift 6.0 seconds while maintaining a fuel efficiency of 22/30 mpg city/highway.
While the base model at $38,000 may not offer an abundance of extra features, the Corsair remains a strong contender for one of the fastest SUVs under 40K, showcasing its performance prowess.
5. 2024 BMW X1
- Price: $40,500
- Engine: 2.0 L 4-cylinder
- Horsepower: 241 to 312 HP
- 0-60 MPH: 5.9 seconds
The 2.0L engine’s 241 bhp ensures a comfortable and swift driving experience, allowing for seamless journeys with nimble turns. This powerful engine enables the BMW X1 to accelerate from 0 to 60 mph in just 6.2 seconds, highlighting its impressive performance.
The 2023 BMW X1 stands out in its segment by offering a single trim, equipped with a potent 2.0L turbocharged four-cylinder engine generating 241 horsepower. The standard features include 18-inch alloy wheels, LED headlights, and a sophisticated infotainment system featuring a 10.7-inch display screen and dual-zone climate control.
The powertrain in the BMW X1 contributes significantly to an exceptional driving experience, making longer journeys an effortless task with such a robust setup under the hood.
6. 2024 Honda Pilot FWD
- Price: $38,485
- Engine: 3.5-liter V-6 engine
- Horsepower: 285 HP
- 0-60 MPH: 6.9 seconds
The Pilot stands out as one of the top-selling SUVs in the US, known for its reliability and impressive speed within the mid-size category, accommodating three-row seating.
Equipped with a robust 3.5-liter V6 engine, the 2024 Pilot boasts 285 horsepower and 262 lb-ft of torque, achieving an acceleration from 0-60 mph in just 6.5 seconds.
Starting at $35,950, this Japanese SUV comes standard in FWD. Its remarkable acceleration and powerful engine make it a standout choice among the fastest SUVs under $40,000.
7. 2024 Lexus NX 250
- Price: $39,455
- Engine: 2.5 L 4-cylinder
- Horsepower: 203 HP
- 0-60 MPH: 8.2 seconds
The all-new Lexus NX 250 presents consumers with a choice of four distinct powertrains, including a plug-in hybrid variant boasting an impressive 302 horsepower. Standard to the NX model is a 2.5 L four-cylinder engine, with the added option of All-Wheel Drive (AWD).
The interior of the NX 250 appears notably more spacious compared to other SUV segments. While higher trim levels offer additional options, considering the $40,000 price point, the base variant NX 250 stands out as a compelling choice. Both front and all-wheel-drive options are available to consumers.
Inside the 2023 NX, the ambiance exudes classiness. All models feature a 9.8-inch touchscreen infotainment system with standard Apple CarPlay and Android Auto integration. However, the performance of the NX 250, while modest, should be weighed against its rivals in the segment.
8. 2022 Acura RDX
- Price: $40,600
- Engine: 2.0 L 4-cylinder
- Horsepower: 272 HP
- 0-60 MPH: 6.2 seconds
Claiming the other spot on our SUV list is Acura’s RDX. While it faces a tough comparison against the Volvo XC40, the Acura RDX remains an excellent vehicle, albeit at a slightly higher price of $38,200.
Powering the RDX is a 2.0-liter four-cylinder engine, delivering a robust 272 horsepower. Accelerating to 60 mph in 6.6 seconds, it’s just 0.4 seconds behind the Volvo XC40— a reasonable and average performance for SUVs under $40,000, ensuring swift travel on highways and in cities.
However, in the fuel efficiency department, the RDX trails behind the Volvo XC40, scoring 25 mpg on highway tests. Despite this, the Acura RDX packs impressive features and performance for its price point.
9. 2024 Lexus NX
- Price: $39,455
- Engine: 2.4 L 4-cylinder and 2.5 L 4-cylinder
- Horsepower: 181 to 275 HP
- 0-60 MPH: 8.2 seconds
Let’s be honest – when compared to the two options mentioned earlier, the new Lexus NX might seem a bit less impressive. However, its attractive starting price of $38,350 is a major advantage.
Don’t let the lower cost fool you, though. The NX packs a punch with its 235-horsepower turbocharged 2.0-liter four-cylinder engine. Surprisingly, this engine allows the car to accelerate from 0-60 mph in just 6.9 seconds, a commendable feat for a robust SUV like the 2022 Lexus NX.
The good news continues when it comes to fuel efficiency. The NX holds its own with ratings of 22 mpg for city driving and an impressive 28 mpg for highway cruising. So, while it might not steal the spotlight, the Lexus NX proves to be a cost-effective and efficient choice in the competitive SUV market.
What to Look for in a Fast SUV
Before diving into specific models, it’s essential to understand what makes an SUV fast and how to evaluate these vehicles:
- Engine Power: The engine’s horsepower and torque are primary indicators of a vehicle’s speed and acceleration capabilities.
- Acceleration: Look at the 0-60 mph times. The faster the SUV can reach this speed, the more impressive its performance.
- Transmission: A good transmission, whether automatic or manual, can significantly enhance a vehicle’s performance.
- Handling and Suspension: Fast SUVs should also offer excellent handling and a well-tuned suspension to maintain stability at high speeds.
- Price: Keeping the budget under $40,000, ensuring you get a balance of performance and value.
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