In this article, we will be taking a look at the 5 most affordable cars to buy in America in 2023. If you wish to see the detailed analysis of this topic, head straight to the 20 Most Affordable Cars To Buy In America In 2023.
5. 2023 Hyundai Venue
Starting Base Price: $19,650
The 2023 Hyundai Venue standing is among the most affordable cars to buy in America in 2023. Despite a 10.69% YoY sales decline, with 18,940 units sold in 2023 (down from 25,591 in 2022 and 28,653 in 2021), the Venue features a 121-hp engine and CVT transmission, excelling in the city but lacking highway power. It’s front-wheel drive with fuel economy slightly below the Nissan Kicks at 29 mpg city and 33 mpg highway.
4. 2023 Kia Forte LX Sedan
Starting Base Price: $19,490
The 2023 Kia Forte LX Sedan offers style, space, and fuel efficiency with two engine options: a 2.0-liter with 147 horsepower and a 1.6-liter turbocharged with 201 horsepower. While the base engine is sluggish, the turbocharged version performs better. It provides a comfortable ride but lacks in handling compared to rivals. It offers a competitive cargo room and optional amenities like dual-zone climate control and heated seats. Warranty includes five years or 60,000 miles for the limited warranty and ten years or 100,000 miles for the powertrain warranty, but no complimentary scheduled maintenance.
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.
2. 2023 Mitsubishi Mirage
Starting Base Price: $16,245
The 2023 Mitsubishi Mirage is gaining popularity due to its fuel efficiency, affordability, and sleek design and is one of the most affordable cars to buy in America in 2023. It’s ideal for city driving but lacks high performance. It features touchscreen infotainment, Bluetooth, and optional Apple CarPlay/Android Auto. In 2023, 5,316 Mirages were sold in the US. It has a 1.2-liter three-cylinder engine with 78 horsepower and 74 pound-feet of torque, lower than rivals—the Mirage’s standard CVT and front-wheel drive offer modest acceleration.
1. 2023 Nissan Versa
Starting Base Price: $15,830
The 2023 Nissan Versa is a highly-anticipated car known for its sleek design and advanced features and is one of the most affordable cars to buy in America in 2023. It boasts impressive fuel efficiency and advanced safety tech. Some updates include a new front fascia, alloy wheels, and a paint color option. It comes with a standard Xtronic CVT automatic transmission, with a manual option for the base trim. The Versa achieves a combined EPA-estimated fuel economy of 35 mpg. It has a standard three-year/36,000-mile bumper-to-bumper warranty and a five-year limited powertrain warranty. 11,014 Nissan Versa cars have been sold in the US this year.
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