In this article, we will list the 5 cheapest new cars for 2023. If you want to explore similar cheaper cars, you can also take a look at 15 Cheapest New Cars For 2023.
5. 2023 Hyundai Venue
Price: $19,500
The 2023 Hyundai Venue is a good value-for-money subcompact SUV, featuring an easy-to-use infotainment system and a wide variety of standard safety features. Hyundai (OTC:HYMTF) equipped the 2023 Venue with a base 121-horsepower four-cylinder engine that gives 29 mpg within city and 33 mpg on the highway. For safety, Hyundai (OTC:HYMTF) equipped the 2023 Venue with lane-keep assist, driver-attention monitoring, automatic high-beam headlights, and rear-seat alert among others. The 2023 Venue has an MSRP of $19,500 and is ranked among the cheapest new cars for 2023.
4. 2023 Kia Rio
Price: $16,750
The 2023 Kia Rio is a reliable and affordable option for anyone looking for a practical vehicle. It comes as both a four-door sedan and a five-door hatchback, allowing for more versatility. Kia (KSE:000270) equipped the 2023 Rio with a 1.6-liter four-cylinder engine and a CVT transmission. The humble engine allows the 2023 Rio to offer 32 mpg within city and 41 mpg on the highway. Not only does the 2023 Rio offer decent fuel economy for both city and highway driving, but it also comes with a low starting price, at an MSRP of $16,750. The 2023 Kia Rio is one of the cheapest new cars for 2023.
3. 2022 Hyundai Accent
Price: $16,645
Up next among the cheapest new cars for 2023, we have the 2022 Hyundai Accent. The Hyundai Accent is packed with a 120-horsepower four-cylinder engine that yields 33 mpg within city and 41 mpg on the highway. The 2022 Accent features a user-friendly infotainment system that includes a 5-inch touch screen and a four-speaker stereo. The 2022 Accent is a decent subcompact car, carrying an MSRP of $16,645.
2. 2023 Mitsubishi Mirage
Price: $16,245
The 2023 Mitsubishi Mirage is one of the cheapest new cars for 2023, at an MSRP of $16,245. The car features a 78-horsepower three-cylinder engine that offers 36 mpg within the city and 43 mpg on the highway. For safety, the base 2023 Mirage offers forward collision warning, forward automatic emergency braking, pedestrian detection, and a rearview camera. The Mitsubishi Mirage is a budget-friendly and fuel-efficient option for those that are looking for cheap new cars.
1. 2023 Nissan Versa
Price: $15,730
At an MSRP of $15,730, the 2023 Nissan Versa might just be one of the cheapest new cars on the market in 2023. The base 2023 Versa is equipped with a 122-horsepower four-cylinder engine with a 5-speed manual transmission. The automatic CVT transmission can also be opted for on the base trim. The 2023 Versa offers a sturdy interior and a user-friendly infotainment system. The 2023 Versa is also equipped with a variety of standard safety features including automatic emergency braking with pedestrian detection, lane departure warning, high beam assist, and more.
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