Affordable cars are the right kind of car if you are an entry-level buyer or have a tight budget for buying your vehicle for your family member. Like every buyer, all buyers wanted the best performance, fuel economy, comfortable ride, and good enthusiastic driving under budget. Cars under this price of $50,000 offer more premium design, a luxury interior, impressive handling, and more fun-to-drive handling. The auto market will see a more refreshed modern design, great fuel economy, and a surprising range of new upcoming cars. So, if you are looking to buy cars next year and have a budget of $40k we have got you covered. These are the top 10 the best upcoming cars under $50,000 to buy in 2023.
- 10. Kia Carnival – $47,000
- 9. Volkswagen ID.Aero – $50,000
- 8. Chervolet Blazer EV – $50,000
- 7. Nissan Ariya – $46,000
- 6. Alfa Romeo Tonale – $49,000
- 5. Toyota GR Corolla Morizo Edition – $49,900
- 4. Buick Electra – $50,000
- 3. Mercedes-Benz GLC – $44,000
- 2. Hyundai Ioniq 6 – $50,000
- 1. Ford Mustang GT – $49,000
10. Kia Carnival – $47,000
The 2023 Kia Carnival with its all-new design, exterior overhaul, new-comfortable seats, and a feature-rich cabin. The 2023 Carnival will offer a 290-hp V6 engine and offer a solid package with its luxury interior and first-class cabin. The Carnival will feature a smooth and well-composed chassis with a crossover like proportion. The new chassis will deliver a joyful and pleasant ride quality and playful handling. The powertrain is connected to the front axle and mated to 8-speed automatic making it one of the best upcoming cars under $50k to buy in 2023.
9. Volkswagen ID.Aero – $50,000
The new 2024 Volkswagen ID. Aero sedan will join the ID EV family following the VW ID.4 and ID. Buzz. The ID. Aero is designed with the thought of minimalism and modernism packed in an aerodynamic body thus the name Aero. VW’s new electric sedan will be similar to the ICE-powered Volkswagen Passat. We expect the EV sedan will feature a single and a dual motor design with a rear and all-wheel drive similar to the iD.4. The car will also be able to offer an electric driving range of over 275 miles. Similar to the other ID-badged cars, the VW ID. Aero will also come with a good battery and standard DC Fast charging abilities.
8. Chervolet Blazer EV – $50,000
The 2024 Chevrolet Blazer EV is Chevy’s entry to the electrified future with a familiar Blazer badge. The EV will offer up to 557 horsepower with its top-of-the-line SS trim. The Blazer EV with its instantaneous acceleration from 0-60 mph in less than 4.0 seconds. The Blazer EV will use GM’s newest architecture and Ultium battery technology to help it deliver the highest driving range. The 2024 Blazer EV will deliver up to 320 miles of electric driving range making it one of the best upcoming cars under $40k to buy in 2023.
7. Nissan Ariya – $46,000
The 2023 Nissan Ariya features a sportier-looking design that looks eye-pleasing design and offers a driving range of up to 300 miles. The front end of the car is given the touch of the Tesla Model Y. The car is being offered on two different battery packs rated at either 63.0-kWh battery or a larger 87.0-kWh pack which is optional. More safety and driver assist features have been added to the 2024 lineup of the Ariya. The new Arya will start from around $46,000.
6. Alfa Romeo Tonale – $49,000
The 2023 Alfa Romeo Tonale is the Alfa Romeo’s first plug-in hybrid compact crossover SUV. With the distinctive look and bold appeal, the Tonale carries the Italian DNA out loud in the open. Alfa Romeo assures their first plug-in hybrid will be pleasurable to drive as it looks in person. Under the hood, the new Tonale packs a 256-hp turbocharged 4-cylinder engine with a hybrid electric motor. Thanks to its plug-in hybrid powertrain, the Tonale will offer an estimated 30 miles of electric range. Blended with a standard all-wheel drive and a high-quality rich interior, the Tonale is one of the best upcoming cars under $50k to buy in 2023.
5. Toyota GR Corolla Morizo Edition – $49,900
The 2023 Toyota GR Corolla is arguably one of the most awaited hot hatches among the gearheads. The GR Corolla will offer a turbocharged 3-cylinder engine delivering over 300 hp of madness. You can get the GR Corolla Limited Edition Morizo trim which will cost over $49,900. The top-spec Morizo Edition produces more torque than the other two models and also offers reduced weight. The Weight Reduction packages remove the rear seats, rear speakers, rear window regulators, rear wiper motors, and blades. Toyota didn’t mention the production numbers of the Morizo Edition, we will update when we have the full information.
4. Buick Electra – $50,000
the upcoming 2024 Buick Electra EV is all set to walk on the electric pedestals of the current Cadillac Lyric. Just like every major automaker, Buick is all prepped up to reveal its all-electric SUVs for the future. The new Electra is based on another concept car from the company called Wildcat. As the brand plans to be fully electric by 2030, the new Electra is seemingly far away for about 2 years. We expect a 100 kWh battery from the upcoming 2024 Electra with two electric motors that will provide over 300 miles of range.
3. Mercedes-Benz GLC – $44,000
The 2023 Mercedes-Benz GLC-Class is the best car for any kind of driver who wants a luxurious ride and an upscale driving experience. The new GLC starts with a capable 258-hp turbocharged engine useful for any kind of fun. Combined with a luxurious and upscale cabin that will make your ride as pleasing and comfortable as possible. The sheer performance and comfortable ride makes the GLC one of the best upcoming cars under $50k to buy in 2023.
2. Hyundai Ioniq 6 – $50,000
The 2024 Hyundai Ioniq 6 is aiming to compete with the Tesla Model 3 with this upcoming EV sedan model. This four-door will be fitting into the company’s Ioniq sub-brand, which mainly comprises electric vehicles. The 2024 Hyundai Ioniq 6 will offer a single, and dual electric motors setup with two battery packs with up to 400 miles of range. In certain configurations. The Ioniq 6’s design is based on the company’s Prophecy concept and looks fancy, futuristic, and quick. The EV will offer a more premium cabin with a plethora of tech features making the Ioniq 6 one of the best upcoming cars to buy in 2023.
1. Ford Mustang GT – $49,000
Ford has revealed the all-new 2024 Ford Mustang lineup as the next generation of one of the world’s most iconic muscle cars. The 7th-gen Mustang offers a new design on the outside and several interior changes that continues to flaunt its bold persona. The 2024 Mustang GT offers an improved 5.0-liter V8 engine that makes 450 hp and 420 lb-ft of torque. The bold looks and sheer performance make the Mustang one of the best upcoming cars under $50,000 to buy in 2023.