5 Most Affordable Cars to Buy in America in 2023

3. 2023 Kia Rio   

Starting Base Price: $16,750  

The 2023 Kia Rio focuses on affordability and reliability but could benefit from advanced safety features and hybrid/electric options. With 16,551 units sold in the US in 2023, it’s powered by a 1.6-liter inline-four engine with 120 horsepower and a continuously variable automatic transmission. While not a speedster, it delivers a comfortable ride and good handling. Fuel efficiency is rated at 32 mpg city and 41 mpg highway, slightly outperforming the Nissan Versa. Warranty coverage includes a five-year/60,000-mile limited warranty and a 10-year/100,000-mile powertrain warranty, but no complimentary scheduled maintenance exists.