Cheap Thrills: Our Top Picks for Affordable Cars in 2023

In a world where the cost of living seems to be constantly increasing, finding affordable options for new cars can be a challenge. Fortunately, there are several cheap new cars available in 2023 that offer great value for the price. In this article, we’ll take a look at some of the cheapest new cars on the market and what makes them a good choice for budget-conscious buyers. So buckle up, and let’s dive right in!

Kia Rio

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The Kia Rio is one of the cheapest new cars on the market, with a starting price of around $16,000. Despite its low price tag, the Rio offers a surprisingly comfortable ride and a well-designed interior. It’s also fuel-efficient, with an estimated 33 mpg in the city and 41 mpg on the highway. The Rio is available in both sedan and hatchback body styles, and comes standard with a touchscreen infotainment system, a rearview camera, and automatic headlights.

Hyundai Accent

Image courtesy: Kevauto, CC BY-SA 4.0, via Wikimedia Commons

Another affordable option in the small car segment is the Hyundai Accent, which has a starting price of around $16,500. The Accent offers a spacious interior and a comfortable ride, as well as good fuel economy, with an estimated 33 mpg in the city and 41 mpg on the highway. Standard features include a 5-inch touchscreen display, a rearview camera, and Bluetooth connectivity.

Chevrolet Spark

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For those who want a cheap new car that’s also compact and easy to park, the Chevrolet Spark is a great option. Starting at around $14,000, the Spark offers a surprising amount of interior space and a fuel-efficient engine, with an estimated 30 mpg in the city and 38 mpg on the highway. Standard features include a 7-inch touchscreen display, a rearview camera, and Bluetooth connectivity.

Nissan Versa

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The Nissan Versa is another affordable option in the small car segment, with a starting price of around $15,000. The Versa offers a spacious interior and a comfortable ride, as well as good fuel economy, with an estimated 32 mpg in the city and 40 mpg on the highway. Standard features include a 7-inch touchscreen display, a rearview camera, and automatic emergency braking.

Mitsubishi Mirage

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The Mitsubishi Mirage is one of the cheapest new cars on the market, with a starting price of around $14,000. The Mirage is also one of the most fuel-efficient cars available, with an estimated 36 mpg in the city and 43 mpg on the highway. Despite its low price tag, the Mirage offers a surprisingly spacious interior and a good number of standard features, including a 7-inch touchscreen display, a rearview camera, and Bluetooth connectivity.

Kia Forte

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For those who want a little more space and features, the Kia Forte is a great option in the compact car segment. Starting at around $18,000, the Forte offers a comfortable ride, a well-designed interior, and good fuel economy, with an estimated 29 mpg in the city and 40 mpg on the highway. Standard features include an 8-inch touchscreen display, a rearview camera, and automatic emergency braking.

Toyota Corolla

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The Toyota Corolla has been a reliable and affordable option for decades, and the 2023 model is no exception. Starting at around $20,000, the Corolla offers a spacious interior, a comfortable ride, and good fuel economy, with an estimated 31 mpg in the city and 38 mpg on the highway. Standard features include a 7-inch touchscreen display, a rearview camera, and automatic emergency braking.

Honda Civic

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Another long-standing player in the compact car segment is the Honda Civic, which has a starting price of around $21,000. The Civic offers a comfortable ride, a spacious interior, and good fuel economy, with an estimated 30 mpg in the city and 38 mpg on the highway. Standard features include a 5-inch touchscreen display, a rearview camera, and automatic emergency braking.

Subaru Impreza

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For those who want all-wheel drive and good fuel economy, the Subaru Impreza is a great option. Starting at around $19,000, the Impreza offers a comfortable ride, a spacious interior, and excellent fuel economy, with an estimated 28 mpg in the city and 36 mpg on the highway. Standard features include a 6.5-inch touchscreen display, a rearview camera, and all-wheel drive.

Mazda3

Photo by Jacob Moore

The Mazda3 is a stylish and fun-to-drive option in the compact car segment, with a starting price of around $21,500. The Mazda3 offers a comfortable ride, a well-designed interior, and good fuel economy, with an estimated 27 mpg in the city and 36 mpg on the highway. Standard features include an 8.8-inch touchscreen display, a rearview camera, and automatic emergency braking.

Choosing the Right Cheap New Car

When it comes to choosing the right cheap new car, there are a few things to keep in mind. First, consider your budget and what you can realistically afford. Second, think about your driving needs and what features are most important to you. For example, if you need all-wheel drive, the Subaru Impreza may be a good choice, while if you want a spacious interior, the Kia Forte or Nissan Versa may be a better fit.

Finally, be sure to test drive any car you’re considering to make sure it meets your needs and feels comfortable to drive. Ultimately, choosing the right cheap new car comes down to finding the balance between affordability, features, and performance.

FAQs

What is the cheapest new car on the market in 2023

The cheapest new car on the market in 2023 is the Chevrolet Spark, with a starting price of around $14,000.

Are cheap new cars reliable?

Yes, many cheap new cars are reliable. However, it’s important to do your research and read reviews before purchasing any car, regardless of price.

What are some of the most important features to consider when buying a cheap new car?

Some important features to consider when buying a cheap new car include fuel economy, safety features, reliability, and comfort.

Should I buy a used car instead of a cheap new car?

It depends on your personal preference and needs. While used cars can be cheaper, they may also have more maintenance and repair costs. On the other hand, new cars often come with warranties and may have better safety features.

Can I negotiate the price of a cheap new car?

Yes, you can negotiate the price of a cheap new car, just like any other car. Be sure to do your research and come prepared with a fair offer based on market prices and the features of the car.

Are there any drawbacks to buying a cheap new car?

While cheap new cars can be a great value, they may have fewer features and less powerful engines than more expensive cars. Additionally, some cheaper cars may not hold their value as well over time.

Bottom Line

The 2023 lineup of cheap new cars in the US market offers a variety of impressive options for budget-conscious consumers. With advanced technology, sleek designs, and impressive fuel efficiency, these vehicles are not only affordable but also offer a satisfying driving experience.

From the sporty Honda Civic to the practical Toyota Corolla, these cars prove that affordability doesn’t have to mean sacrificing quality. With the convenience and affordability of these new models, there has never been a better time to upgrade your ride. So, what are you waiting for? Head down to your local dealership and test drive one of these amazing new cars today!

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