And luxury brands including the BMW X5 are taking up a large section of that market share. In fact, it was one of the first in the segment to define what a luxury SUV can be. But how does it stack up against its many capable rivals?

We'll get into the details below and let you know exactly how it stacks up. Whether you're already a fan of the brand or you're just shopping around, it's worth a closer look. Completely redesigned and ready to power through any road that lies ahead, it's a solid choice. 

But there are plenty of other options out there. So if you're still not sold on the BMW X5 by the end, we'll give you several other worthy competitors. No matter what you're looking for in a luxury SUV, we think you'll find it somewhere below.

BMW launched the X5 when few other luxury SUV brands were selling in large numbers. Range Rover had been around for generations and a few models like the Cadillac Escalade were popular. But this one revolutionized the sector with a large SUV that was as nimble and agile as its sedans or coupes. 

Fast forward to the present day and you have a refined and focused version of that original product. It's got a brand new design for the 2019 model year. And with several packages and options meant to match your needs as a driver, it's sure to please.

BMW has long called itself the ultimate driving machine. And it has backed that reputation up with a long line of powerful cars. They are designed to make the driver's seat the best on in the vehicle. That philosophy extends to its line of sport utility vehicles, too. The BMW X5 was the first of a growing line of vehicles combining performance and functionality.

Whether you want to go off road or keep it in the fast lane, BMW has lots of options. And there's even the M line, which is its performance badge. Available on several models, it gives a serious boost of power and expertly tuned handling. 

The BMW X5 now occupies a spot as one of the top three row luxury SUV models. And if you're looking for the perfect combination of performance and utility, this might be it. We think it is particularly well suited for those who love to drive. It's a smooth ride in the passenger's seat, too, but it's not as much fun. 

Robust engine choices and a precise transmission make it a blast to weave through traffic. Taking it through twisty mountain turnpikes or off road completely is a breeze. But it's also a competent daily driver. So if you regularly have people or stuff to haul around and want to do it in style, give it a closer look.

As with any luxury SUV, some of its appeal is the styling and performance. It's a BMW, after all, and this vehicle carries with it some inherent appeal. But that's because of the brand's reputation for reliable and powerful performance. And that is apparent in the craftsmanship behind the BMW X5.

Need to toss in a ton of luggage for a getaway? No problem. Let the seats down and find plenty of cargo room. Toting a crew of kids for soccer practice? Find space on par with some minivans of years past. The stunning design is built for looks and performance. And you can find the best of almost all worlds with the new BMW X5.

By now, you're probably familiar with the wide ranging capabilities of sport utility vehicles. And as you'll see below, the BMW X5 has combined these features for an all around great performer. But it will be up to you to determine if this vehicle is right for your needs. Keep reading for all the information you'll need to make that decision.

There's enough power in the standard BMW X5 engine to suit almost any driver's needs. It's got 335 horsepower from a six cylinder engine that delivers smooth performance. But this is the ultimate driving machine, right? So if you crave even more out of your SUV, choose the turbocharged V8. This beast makes a whopping 456 horses and will launch you down the road in a jiffy.

And you might think all of that power comes at the expense of fuel economy. But the BMW X5 also ranks among the best in its class. Even though it's not a hybrid, the engine can get 20 miles per gallon around town. It will even give you 26 miles to the gallon when driving on the highway. That's roughly the same performance of the Volvo XC90, a class leader.

Since the BMW X5 came on to the scene, it's been met with some serious competition. And you might feel some of the other luxury SUV brands have their own particular high points. But the engine performance and overall handling of this one gives it the feel of a perfectly balanced machine. And it's got enough power not only to tote plenty inside, it will also tow as much as 7,200 pounds.

There is a range of standard and optional equipment aimed at keeping you safe. There are the normal things you might expect from an SUV in this class. They include a rear view camera, adaptive cruise control and parking sensors on the front and back. Many of these functions are included in a program BMW calls its Active Driving Assistant.

But you'll also get advanced features like alerts for pedestrians, collisions and even rear cross traffic. You can get blind spot monitoring and a braking system that will automatically engage if needed.

Want even more? You can opt for the Active Protection System, which gives you far more bells and whistles. Options like a heads up display and surround view camera give you more situational awareness. Then there is the night vision capability that allows you to see clearer than ever before. And you can even get some help when you're parking. An available feature helps you fit perfect into a spot -- either perpendicular or parallel. 

Though it is certainly designed for performance, don't think that means a harsh, no frills ride. In fact, it's got a plush and cozy interior. And the suspension is tuned for a comfortable trip no matter where you go. As for the seats, they are really incredible up front.

Find large and supportive driver and passenger seats that are configurable in almost any way imaginable. Opt for further features to get the full luxury experience. Behind the front row is another row of seats that will comfortably fit adults. But the small third row is designed best to carry kids or contribute to your cargo space. You'll get 34 cubic feet of cargo space with the rear row removed. And then fold down the second row to increase than number to 72.

Some reviewers say the redesigned interior is less vibrant than some of its competitors. But the BMW X5 is crafted of the finest materials and we think it's quite stunning. Cruise in style as you listen to whatever tunes you choose. The base sound system is impressive enough. And true audiophiles will want to upgrade to the 16 speaker system made by Harman Kardon. A huge moon roof can give you a breathtaking look at the skies above. 

One of the biggest changes in the automotive industry has been the integration of technology. And BMW has been at the forefront with its iDrive system. It is seamlessly weaved into the latest model and is simple to learn and operate.

You'll find features like Bluetooth, Apple Car Play, and an optional Wi Fi hot spot. There are several USB ports to plug in your own smart devices. Other available features include satellite radio capabilities to bring in a new dimension of sound. 

The touch screen interface is easy to understand and the display is very clear. This is the crux of the iDrive system and performs in a logical way. You can customize it to match your own tastes and needs. And the size is perfect to allow large displays on the screen without impairing your vision of everything else.

Overall, there's lots to love about this vehicle. And scores of loyal drivers will certainly be impressed with the latest remodel. But there is no automobile that will suit everyone's needs. We've taken a look at what people are saying to get a better look at the pros and cons associated with the BMW X5. The lists below reveal the most common responses we found. 

We think you'll find many great features and benefits in this vehicle. But if you want to see what else is out there, we're here to help. Keep reading for a few other great luxury SUV options.

As we mentioned, the BMW X5 is hardly alone in the field of luxury SUV brands. So if you're not quite sure if it's for you, keep reading. Here are three other solid contenders we think are worth your consideration.

This German tuned brand is known for smooth rides and comfortable interiors. Both of those are available in the Audi Q7. It is packed with safety features and high tech capabilities to keep you safe. And even though the engine choices aren't as powerful as the BMW X5, they are sufficient.

Upgrade to some really innovative features that can make the ride even more enjoyable. And it's got a large cargo area with seats that are easy to stow to create a lot of useable space. 

Land Rover has a longstanding reputation for making capable off road vehicles packed with luxury. And the Range Rover Velar represents the latest in that storied history. The ride quality is smooth and you can comfortably engage the four wheel drive system. Flawless handling and great control make it easy and fun to handle from the driver's seat. 

No matter where you sit, you'll be surrounded by luxurious materials. And the available powertrains provide plenty of get up and go. You can count on decent fuel economy along with spry performance and handling.

The BMW X5 might be thrilling to drive, but the Porsche Cayenne can give it a run for its money. It offers enthusiastic performance from some great engine options. And the company's trademark handling translates to an SUV much bigger than its sporty coupes.

There are few more stylish and sporty ways to carry cargo and passengers. And there's actually a lot of usable space inside its sleek shell. Of course, its starting price is near the top of the class. But you might think it's worth the premium after the first test drive.

And with some real off road capability, you won't have to keep it inside the lines. But if you're not quite sure which luxury SUV is for you, there are lots of great options out there. We hope our guide has helped make your decision a bit easier. 

If so, share this article with the SUV shoppers in your life. And leave us a comment below if you have any final thoughts or questions. 

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