Driving on a Budget? Check Out the Lowest-Priced Cars for 2023

Driving on a Budget? Check Out the Lowest-Priced Cars for 2023

Can you find affordable cars that fit just about any budget? You’ll be surprised just how cheap some of the cheapest cars in the market can be.

With new vehicle prices skyrocketing and electric cars pushing that average up even higher, it’s nice to know there are still some new cars that are relatively affordable. Don’t expect these cheap cars to come packed with features and extras, but you can get a dependable and enjoyable new car for a price that won’t break your budget.

Here are the seven cheapest cars for 2023.

2023 Nissan Sentra – $20,050

Yes, the sporty Nissan Sentra starts at a little more than $20k, making it one of the most affordable compact sedans you can buy. This little Nissan comes standard with several driver-assistance features and a nice interior, making it a good option. Don’t expect much from under the engine except efficiency. The little 4-cylinder engine only offers 149 horsepower, but it gives you good fuel mileage numbers. There’s room for three people to fit across the rear seat, giving you room for a small family to ride together.

2023 Kia Soul – $19,890

The Kia Soul is that fun and funky little car that looks like a toaster on wheels. The dancing hamsters made this car cool and brought it to the masses. This is one of the cheapest cars in the market, and it has the cool factor that you’re looking for. The Kia Soul brings you a 147-horsepower four-cylinder engine to deliver decent fuel mileage. There’s lots of room for cargo and a useful 8-inch touchscreen and smartphone mirroring that are part of the standard features offered for less than $20k.

2023 Kia Forte – $19,690

The little but peppy Kia Forte is one the most affordable options in the market, bringing a nice cabin and impressive fuel economy to the mix. The base engine brings you 30 city/41 hwy mpg, making it easy to enjoy the fuel-sipping feeling of this car. The Forte’s cabin is impressive for the low price, and it brings the benefits of an 8-inch touchscreen with wireless Apple CarPlay and Android Auto as part of standard packaging. This could be a great car for any driver.

2023 Hyundai Venue – $19,650

Yes, you can have a subcompact crossover SUV and spend less than $20k. The Hyundai Venue is one of the cheapest cars in the market, and it’s not even a car. This little SUV brings excellent value while delivering sold fuel economy and maneuverability. The Venue only has 121 horsepower, so don’t expect quick acceleration or upscale features, but it has good passenger space, impressive cargo room, and comes with an 8-inch touchscreen and wireless connectivity via Apple CarPlay and Android Auto.

2023 Kia Rio – $16,750

The small and active Kia Rio can be a lot of fun to drive if you don’t take it too seriously. Considering its low starting price it’s hard to think of anything serious about this car except value and savings. You’ll enjoy up to 41 mpg on the highway and have a comfortable ride wherever you go. The Kia Rio is offered in both hatchback and sedan body styles, making it easy to have a versatile cargo area or an attractive sedan to drive.

2023 Mitsubishi Mirage – $16,245

The Mitsubishi Mirage is well-known as one of the cheapest cars in the market. The surprising part is that there’s one car that’s a little cheaper. Still, the Mirage can be a good choice for anyone looking to drive around town and take up less space. This little Mitsubishi comes with 78 horsepower, so don’t expect much there, but it returns 36 city/43 hwy mpg. You’ll enjoy the touchscreen, connectivity, and small size if the Mirage is the right car for you.

2023 Nissan Versa – $15,830

You read that right; you can buy a Nissan Versa for less than $16k. This is the cheapest car in the market right now, and it comes with exactly what you’d expect. The cabin materials are cheap, and the power is on the low side at 122 horsepower, but this car rides fine and offers up to 40 mpg on the highway. There is a roomy trunk with up to 15 cubic feet of space, giving you plenty of room for stuff when you need to take things with you on the road.

These seven cars are the cheapest cars in the market right now. If you’re looking for affordability, this is where you can begin to keep your payments low and protect your monthly budget.

This post may contain affiliate links. Meaning a commission is given should you decide to make a purchase through these links, at no cost to you. All products shown are researched and tested to give an accurate review for you.

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