Fall 2025 is shaping up to be the perfect time for budget-conscious shoppers in the market for a luxury SUV to score significant savings, with several premium brands offering substantial price drops due to high inventory levels, lease returns and increased competition from electric vehicles. Here are the top luxury SUV models that will have major discounts this fall.
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Volvo XC90
This car leads the pack with the most dramatic savings. “The outgoing 2025 XC90 is being heavily discounted to make room for the next-generation model. Dealers nationwide have been offering $7,000 to $12,000 off the sticker price on the remaining 2025 inventory,” said Alan Gelfand, owner of German Car Depot.
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Mercedes-Benz GLE
This luxury version offers substantial incentives as demand softens. Buyers can expect “6% to 11% off MSRP, translating to roughly $4,000 to $10,000 in cash-back and rebate offers” on models ranging from $63,000 to $90,000, Gelfand notes. “[Prices are dropping] up to $3,500 below sticker price in most areas,” said Alex Black, chief marketing officer of EpicVIN, adding that it’s due to high maintenance costs deterring some customers.
Audi Q7
Audi shoppers should look for significant rebates. The Q7 currently costs $60,500 for the base Premium trim according to U.S. News & World Report, but Black suggested searching for “$4,000 or more rebates” as dealers clear inventory before the 2026 refresh. Gelfand confirmed the Q7 55 trim is “currently eligible for a $5,500 customer bonus.”
BMW X5
BMW SUV buyers can expect savings of “$3,000 to $5,000, especially on mid-level trims from the 2022 to 2023 model years” due to “lots of lease returns,” Black explained. With starting prices around $65,700, according to U.S. News & World Report, combined incentives could bring total savings to over $4,000.
Range Rover Velar
The Range Rover Velar presents the highest risk-reward scenario.”[It] may lose $5,000 or more in high-mileage used vehicles,” Black said, as resale values have declined. Gelfand said inventory surpluses have prompted 3% to 10% off MSRP, meaning $2,000 to $6,000 in potential savings.
Why Now?
“We’re going to be getting some sharp price cuts come later this fall on high-end SUVs; principally due to high stock, more lease returns and competition from electric vehicles,” Black explained. The trend reflects broader market dynamics including rising dealer inventory and automakers relying more heavily on incentives.
For luxury SUV buyers, fall 2025 offers a rare opportunity to secure premium vehicles at significantly reduced prices, making it an ideal time to upgrade.
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