Do you mean NEW new, or second-hand new?
If your X5 is worth about £6.5-10.5k, and you have "a few thousand" extra, you're going to struggle to find something that's a direct replacement for a 3 litre X5.
At least the Hyundai Santa Fe and Kia Sorento have 196 BHP (well, the newest models, anyway).
Jeep Grand Cherokee should depreciate relatively quickly, to bring new-ish ones within reach.
Talking of 'good' depreciators, what about the SsangYong Rexton? (though it might not be powerful enough for you).
Or what about a double-cab pickup with a hard-top: The Great Wall Steed starts at only about £15k brand new, and has a 6 year 125k mile warranty.
But do you really need 4WD? -Would something like a Ford S-Max suffice?
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