Best New SUVs Under $20,000

Best New SUVs Under 20K

Hankering for a new set of wheels but don’t have much scratch? Don’t fret - automakers still offer a few bargains in their lineup.

While these models aren’t loaded up with the latest goodies, they are a far, far cry from the bare-bones models that were once the only choice for penny pinchers.

With the current trendiness of SUVs, we’re casting a spotlight on the sub-$20,000 crossovers that are currently on the market.

Update for 2024: Please note, as we updated this list for 2024, there is only one SUV model that is priced under $20K; for more options, check out our list of the best new SUVs under $30K.

Check out all our picks for the best SUVs >>

Read about how we rank our vehicles >>

1. Hyundai Venue - $19,900


As the average sale price for new vehicles continues to climb, the 2024 Hyundai Venue emerges as a remarkably affordable option in the SUV market, with a starting price significantly lower than the average.

The 2024 Venue is not only accessible in terms of price but also generously equipped with features. It comes standard with an 8.0-inch touchscreen that supports smartphone integration, providing modern connectivity options. Safety features are comprehensive, including blind-spot monitors, rear cross-traffic alert, and automatic emergency braking, ensuring drivers and passengers are well-protected.

Despite its affordability, the Venue maintains a decent performance profile. It is powered by a 121-horsepower four-cylinder engine across all models, which is sufficient for city driving and capable of achieving up to 30 mpg in the city and 33 mpg on the highway. While it may not be the most powerful option in its class, its fuel efficiency is commendable.

Interior changes for 2024 have made the Venue even more appealing. The Limited trim now includes Wireless Phone Charging, adding a convenient touch to its range of tech features. The instrument cluster has been upgraded to a 4.2-inch display, providing clearer and more detailed driver information. Additionally, all trims now come standard with a map lamp, enhancing cabin practicality.

Key Takeaway: It offers essential features and competent performance at a price point that is hard to beat, making it an excellent choice for those who prioritize value and practicality in their vehicle selection.


  • Great standard tech
  • Excellent base price
  • 10-year warranty


  • Styling more cute than cool
  • No all-wheel drive option
  • No optional powertrains

Current Hyundai Venue Deals & Incentives

YearMakeModelCash Incentives (up to)Best Avail. APRLease OffersExpiration
2024HyundaiVenue$3004.90%$229/month for 36 months, $3,499 due at signing6/3/24

You may qualify for additional deals and incentives, check out this month's Hyundai deals