Here’s A List Of The Top 10 Best Cheapest New Cars that you can buy in 2023. The market for cheap new cars is highly competitive, with several manufacturers offering affordable models with basic features. The cheapest new car on the market is usually the Mitsubishi Mirage, with a starting price of around $14,000. Other affordable options include the Nissan Versa, Kia Rio, and Hyundai Accent, all priced under $16,000. These vehicles typically have small engines, manual transmissions, and limited features. However, they provide reliable transportation for those on a tight budget. While they may not have the luxury or performance of more expensive cars, their affordability and efficiency make them a popular choice for those who prioritize cost savings.
| Cars | Price (USD) |
| Nissan Kicks 2023 | $20,500 |
| Hyundai Elantra | $20,600 |
| Nissan Sentra | $18,000 |
| Kia Soul | $19,900 |
| Subaru Impreza | $19,720 |
| Hyundai Venue | $17,250 |
| Kia Forte | $18,000 |
| Kia Rio | $17,500 |
| Mitsubishi Mirage | $14,500 |
| Nissan Versa | $15,000 |
Contents
10. Nissan Kicks 2023
Beginning the Top 10 Best Cheapest New Cars with the Nissan Kicks. The Kicks is a subcompact SUV that features a 1.6-liter four-cylinder engine producing 122 horsepower and 114 lb-ft of torque. It comes with front-wheel drive and a continuously variable transmission. The Kicks costs about $20,500, making it an affordable option in its class. The new model features updated exterior styling, improved interior materials, and additional safety features like blind-spot monitoring and rear cross-traffic alert
9. Hyundai Elantra
2023 Hyundai Elantra is a compact sedan that comes packed with a 2.0-liter 4-cylinder engine and available Intelligent Variable Transmission, delivering 147 horsepower and 132 lb-ft of torque. It also includes advanced safety features such as Adaptive Cruise Control, Forward Collision Avoidance Assist and Lane Keeping Assist. The Hyundai Elantra is priced at $20,600.
8. Nissan Sentra
Nissan Sentra is a compact sedan that features a 2.0-liter four-cylinder engine producing 149 horsepower and 146 lb-ft of torque. It comes with front-wheel drive and a continuously variable transmission. The car is priced at about $19,900, and offers several standard safety features like automatic emergency braking and lane departure warning. The new model features updated exterior styling, improved interior materials, and updated infotainment system with a larger touchscreen display
7. Kia Soul
Next we have the Kia Soul. It is a quirky and distinctive hatchback with a 2.0-liter four-cylinder engine that delivers 147 horsepower and 132 lb-ft of torque. It comes standard with a six-speed manual transmission, but a continuously variable transmission (CVT) is available as an option. The price for the Kia Soul is around $18,000.
6. Subaru Impreza
Subaru Impreza is an affordable compact sedan that comes equipped with a 2.0-liter 4-cylinder Boxer engine and continuously variable transmission, delivering 152 horsepower and 145 lb-ft of torque. It also includes advanced safety features such as EyeSight Driver Assist Technology, Blind Spot Detection and Rear Cross Traffic Alert. The starting price for the 2023 Subaru Impreza is $19,720.
5. Hyundai Venue
Hyundai Venue is a subcompact SUV that features a 1.6-liter four-cylinder engine producing 121 horsepower and 113 lb-ft of torque. It comes with front-wheel drive and a continuously variable transmission. t also includes advanced safety features such as Forward Collision Avoidance Assist, Driver Attention Warning System and Lane Keeping Assist. The starting price for the Hyundai Venue is $17,250.
4. Kia Forte
Kia Forte is a compact sedan that features a 2.0-liter four-cylinder engine producing 147 horsepower and 132 lb-ft of torque. It comes with front-wheel drive and a six-speed manual or continuously variable transmission. The base model starts at around $18,000 and offers several standard safety features like forward collision warning and lane departure warning. The Forte also offers impressive fuel economy, with an estimated 31 mpg in the city and 41 mpg on the highway.
3. Kia Rio
KIA Rio is a stylish and affordable compact car that packs a 1.6-liter 4-cylinder engine and 6-speed automatic transmission, delivering 130 horsepower and 119 lb-ft of torque. It also includes advanced safety features such as Forward Collision Avoidance Assist, Lane Departure Warning System and Driver Attention Warning. The starting price for the KIA Rio is $17,500.
2. Mitsubishi Mirage
The Mitsubishi Mirage is an affordable and reliable subcompact car that comes with a 1.2-liter 3-cylinder engine and 5-speed manual transmission, delivering 78 horsepower and 74 lb-ft of torque. It also features advanced safety features such as Active Stability Control, Hill Start Assist and Traction Control. The starting price for the Mitsubishi Mirage is $14,500.
1. Nissan Versa
Top 10 Best Cheapest New Cars has Nissan Versa on Number 1. It is a subcompact sedan that features a 1.6-liter four-cylinder engine producing 122 horsepower and 114 lb-ft of torque. It comes with front-wheel drive and a continuously variable transmission. The prices starts at around $15,000, making it an affordable option in its class. It also offers impressive fuel economy, with an estimated 27 mpg in the city and 35 mpg on the highway.