How Much Does A UTV Cost: A Complete Buyer’s Guide

Have you ever wondered, “How much does a UTV cost?” The short answer is that a new UTV can range from $3500 to over $20,000 (that’s quite a broad price range). 

Need a model under $3500? You may also have questions about the used UTV market and how that may impact your initial purchase or a potential future sale. Here, you’ll find the current average pricing for a UTV in 2024, what you can expect from the market, and which UTV brands cost the most. 

If you are in the market for a UTV, don’t forget to account for determining factors like brand reputation, model specifications, performance features, and accessories–which all have a direct impact on cost. 

New UTV Pricing Breakdown

New UTVs offer the latest technology and features, but you’ll pay for this.  New UTVs can cost anywhere from $3,600 to over $20,000. The wide range in pricing is due to the variations in size, power specifications, and features on the side-by-side (SXS) market

CategoryPrice RangeExamplesKey Features
Entry-Level$3,600 – $9,999Kawasaki Mule SX ($7,799), CFMoto ZForce 500 Trail ($9,499)Basic functionality, smaller engines, minimal extras
Mid-Range$10,000 – $15,000Honda Pioneer 500 ($9,999), Polaris Ranger 1000 ($13,999)Balance of performance and affordability, versatile features
High-End$15,000 – $37,499+Yamaha Wolverine X2 850 R-Spec ($15,799), Polaris RZR Pro R ($37,499)Advanced technology, luxury components, superior performance
Used UTVs$5,000 – $15,000Various models depending on age and conditionLower cost, but higher maintenance, potential risks

Entry-Level Models

Courtesy Riva Motorsports

Entry-level UTVs are perfect for beginners or those looking to pick up another hobby without breaking the bank. With an entry-level UTV, you’ll find a smaller engine, minimal extras, and basic functionality. For example, the Kawasaki Mule SX, priced at $7,799, is one of the most affordable entry-level UTVs.

Another notable option is the CFMoto ZForce 500 Trail, which has a 500cc engine and is priced just below $10,000. 

Mid-Range Options

Courtesy of Sky Powersports

Mid-range UTVs are for those who need a balance between performance and affordability. Most side-by-sides in this category will cost between $10,000 and $15,000. The Honda Pioneer 500 is a versatile mid-range UTV priced at approximately $10,000. This model is known for its reliability and utility. 

Another prime example of a mid-range option is the Polaris Ranger, which starts at around $12,000, and the Polaris Ranger 1000 starts at $13,999. Prefer Yahama over Polaris? Yamaha’s side-by-sides generally begin at around $14,199. 

High-End UTVs

Courtesy of UTV Driver

The high-end UTVs are for riders who know what they are looking for. They are typically $15,000+ and have the best comfort-driven features and all the latest tech–not to mention superior performance.  

High-end UTVs are great for those who regularly tackle rough terrain. A more luxurious model is also recommended for those UTVers who require a vehicle that can withstand regular use. 

An example of a high-end UTV is the Yamaha Wolverine X2 850 R-Spec, which starts at approximately $15,799.

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Used UTV Market Analysis

The used UTV market can be a good option if you are looking to save money. The price tag of a used UTV will fluctuate based on factors such as mileage, service history, engine size, and overall condition.

Benefits of Buying Used

Buying a used UTV offers several advantages over new models that make it an attractive option. Here are some key benefits:

  • Lower Cost: Save significantly compared to buying new.
  • More Features: Get a feature-rich UTV at a lower price.
  • Immediate Availability: Avoid waiting for production or delivery.

Risks of Used UTVs

However, buying used is not all fun and games. There are issues that you may encounter, including 

  • Higher Risk of Wear & Tear: Potential for considerable wear and hidden damages.
  • More Maintenance: Older vehicles often require more maintenance.
  • No Warranty: Unexpected repair costs can arise without coverage.
  • Research Needed: A careful inspection is crucial to avoid long-term maintenance issues.

Factors Influencing UTV Prices

UTV pricing (whether new or used) is impacted by factors like 1) model specification and 2) brand reputation. Leading brands like Can-Am, Honda, and Polaris can charge a premium because of their history in the industry. In return, these brands promise superior parts availability and customer service. 

Other features that will influence cost include engine power, suspension type, and other performance-oriented features. Note: Accessories designed for specific work tasks or recreational activities, like winches, bumpers, and storage solutions, will only add to the overall cost of your UTV. 

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Several brands stand out for their reputation and range of UTV models. Leading brands like Can-Am, Honda, Kawasaki, Polaris, and Yamaha offer a wide range of vehicles with varying price points, from entry-level to high-end models.

Can-Am

Can-Am is renowned for its high-performance UTVs. These models excel in power and advanced technology. 

ModelUsed Starting PriceNew Starting Price
Maverick X3 X RS Turbo RR$25,000 – $30,000$32,099 – $37,099
Defender HD10$12,000 – $15,000$19,199 – $22,199
Commander X MR$18,000 – $20,000$23,599 – $25,799

Honda

Honda stands out because of its reliability and build quality. Honda owners use their UTVs for both work and recreation. The brand’s models, such as the Pioneer series, are designed to be versatile and stand up well over time. 

ModelUsed Starting PriceNew Starting Price
Pioneer 1000$12,000 – $15,000$17,599 – $21,899
Pioneer 700$9,000 – $12,000$11,899 – $13,499
Talon 1000R Fox Live Valve$18,000 – $22,000$21,399 – $24,199

Kawasaki

Kawasaki side-by-sides, like the Mule series, are commonly used by farmers, ranchers, and construction crews. The Mule series, in particular, is prized for its practicality and reliability. These vehicles typically start pricing around $12,000 on the new side, but there are plenty of used options and special offers available. 

ModelUsed Starting PriceNew Starting Price
Mule Pro-FXT$10,000 – $13,000$14,999 – $17,799
Teryx KRX 1000$17,000 – $20,000$23,199 – $24,399
Mule SX$5,000 – $7,000$7,799 – $8,499

Polaris

Polaris stands out for its wide range of versatile, high-performing UTVs, catering to both recreational and work-related needs. Models like the RZR and Ranger, in particular, are known to turn heads. 

ModelUsed Starting PriceNew Starting Price
RZR Pro R$25,000 – $30,000$37,499 – $40,999
Ranger XP 1000$10,000 – $15,000$13,999 – $15,499
General XP 1000$18,000 – $22,000$24,499 – $26,499

Yamaha

Yamaha offers a balanced range of UTVs that cater to both sport and utility. The brand is known for its smooth ride and reliable performance, with models like the Wolverine earning the brand its stellar reputation. 

ModelUsed Starting PriceNew Starting Price
Wolverine X2 850 R-Spec$12,000 – $15,000$15,799 – $17,399
YXZ1000R$16,000 – $19,000$21,799 – $23,999
Wolverine RMAX 2 1000$18,000 – $22,000$22,999 – $26,699

Budget-Friendly UTV Options

Several budget-friendly UTV options offer great value without compromising performance. 

  • Kawasaki Mule SX: $7,799
  • Honda Pioneer 500: $9,999
  • CFMoto ZForce 500 Trail: $9,499

Summary

Once you’ve secured your new ride, ensuring proper storage is essential. Any complete ATV, UTV, or Side-by-Side guide would be incomplete without highlighting the importance of adequate storage solutions. If your garage is already cluttered, you’ll need an alternative. Consider Neighbor, a peer-to-peer vehicle storage marketplace available in all 50 states. UTV owners appreciate Neighbor’s convenience and affordability, with pricing typically 50% lower than traditional storage options.

Frequently Asked Questions

How Expensive Is a UTV?

New UTVs generally cost between $3,600 and over $20,000.

Why Are UTVs So Expensive?

Purchasing a UTV is expensive because of the built-in power and safety features. UTVs must meet minimum performance standards.

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