Full-size luxury costs less on the used market.
Following the reveal of the 2022 Wagoneer and Grand Wagoneer, Jeep has heated the full-size luxury SUV segment to boiling point. Cadillac and Lincoln traditionally dominate this market, but Jeep is finally ready to compete with two ultra-luxurious new models. Though they are less capable off-road than other Jeeps, the Wagoneer models bring class-leading towing capacity and outstanding interiors.
The Wagoneer gets a potent 5.7-liter V8 with 392 horsepower and 404 lb-ft of torque while the Grand Wagoneer trumps everything in the segment with a 6.4-liter V8 producing 471 hp and 455 lb-ft of torque. Jeep priced the Wagoneer at $57,995 while the Grand version goes for a more luxurious $88,190. If you are looking for full-size luxury on a smaller budget, we have six cheaper used alternatives.
The latest fifth-generation 2021 Cadillac Escalade is the full-size luxury SUV segment's current benchmark, but it costs much more than the Wagoneer at $76,195. Though it lacks much of the outstanding technology and handling improvements of the new model, the fourth-generation Escalade now exists for much less. High-mileage examples of this generation start around $30,000 and top out around $70,000 with a certified pre-owned warranty. With 420 hp and 460 pound-feet coming from a 6.2-liter V8, the Escalade is no slouch.
Why settle for a previous-generation Escalade when for even less, you could score a current-generation Lincoln Navigator? The fourth-generation Navigator uses a 3.5-liter twin-turbocharged EcoBoost V6 engine producing 450 hp and 510 lb-ft of torque. Prices have already dipped well into the mid-$40,000 range, topping out at $70,000 for low mileage examples.
The German automakers have never offered anything as large as the Wagoneers, but the BMW X7 is pretty close. BMW's largest SUV is far more expensive than the new Jeeps, but on the used market, they are more affordable. We spotted X7 prices starting in the mid-$50,000 price range for the xDrive40i model with the 340 hp turbocharged inline-six. The xDrive50i models with the 456 hp twin-turbo V8 are much pricier, starting above $70,000. If you are willing to sacrifice size for a sportier driving experience, the X7 is a great option.
The Mercedes GLS is the closest rival to the BMW X7, and in many ways, it's better value. Prices for the base GLS 450 model with the 362 hp twin-turbo V6 engine start around $30,000. The GLS 550 with its 449 hp 4.7-liter twin-turbo V8 starts around $40,000, while the AMG-powered GLS 63 model with the 5.5-liter twin-turbo V8 with 577 hp starts in the low $50,000 price range. The GLS is easily the highest-performing vehicle on this list, especially in AMG form.
If you want a luxury SUV that can still do a bit of off-roading, the Land Cruiser-based Lexus LX 570 is the right tool for the job. It may not have the most sophisticated engine on this list, a 5.7-liter V8 producing 383 hp and 403 lb-ft of torque, but the LX is among the most bulletproof vehicles ever built. LX prices remain pretty steady, but the early spindle grille models (before they started looking too goofy) start in the mid-$30,000 range with high-mileage. Prices can climb to over $70,000 for a low-mileage facelifted LX.
Though it's not our favorite SUV on the list, the Infiniti QX80 deserves a mention for offering plenty of luxury at a great value-for-money price. We found high-mileage QX80 examples starting at under $20,000, making this the least expensive option here. Prices can reach over $70,000 for near-new ones, but there are plenty that fall between that range. The QX80 uses a 5.6-liter V8 engine producing 400 hp and 413 lb-ft of torque. It's not the quickest model on our list, but it's not the worst performer either.