The price of a car can vary greatly depending on a number of factors, including the make and model of the car, its age, and its condition.
Some of the cheapest cars on the market are small, basic models that are designed for affordability rather than luxury or performance.
Even though the cost of new cars is increasing, there are plenty of affordable options.
When you see cheap cars, you might assume that manufacturers cut some corners to reach such a competitive price; however, that’s only sometimes true.
Several of the vehicles on our list look tremendous and offer many features for reasons we’ll explain below.
The list below contains cars from Toyota, Volkswagen, Hyundai, and Chevrolet– all manufacturers that are reputable and known for their quality vehicles.
So without further ado, here are the cheapest cars you can buy in 2023.
2022 Nissan Versa
The 2022 Nissan Versa is one of the most affordable subcompact cars and looks nicer than its rivals. The starting price of the 2022 Versa is only $15,180, making it a remarkable value for your money.
The Nissan Versa’s main competition comes from vehicles such as the Hyundai Accent, Kia Rio, and Mitsubishi Mirage G4.
The base model, S trim, for the 2022 Nissan Versa, comes with a 7-inch infotainment touchscreen display, 6-way adjustable driver’s seat, remote keyless entry, and push-button start standard features.
Also included are some safety precaution measures like tilt and telescopic steering column, automatic on/off headlights, auto emergency braking, lane departure warning, and high beam assist.
2022 Kia Rio
Coming up is the 2022 Kia Rio, which you can purchase in either a sedan or hatchback. We’re only going to discuss the sedan because it’s more cost-effective, with an MSRP of $16,450.
The main competitors for the Kia Rio are the Toyota Corolla, Hyundai Accent, and Honda Civic.
2022 Hyundai Accent
The 2022 Hyundai Accent is a subcompact sedan that offers more bang for your buck when compared to its rivals.
For a starting price of just $16,645, the Accent goes up against the Mitsubishi Mirage G4 and Nissan Versa.
2022 Hyundai Venue
The Hyundai Venue is a small SUV created by Hyundai, made for city commutes, and very affordable.
The starting price of the 2022 Hyundai Venue is only $19,000. As far as competition goes, the Hyundai Venue competes with other SUVs, such as the Nissan Kicks and Honda HR-V.
2022 Subaru Impreza
Next up is the 2022 Subaru Impreza. The car is offered in both a sedan and hatchback model, but we’re only going to talk about the sedan version here since it’s the cheapest option, with an MSRP of $19,295.
In terms of competition, the Impreza goes up against cars like the Honda Civic, Toyota Corolla, and Kia Forte in the compact sedan segment.
2022 Nissan Sentra
The 2022 Nissan Sentra is an elegant and affordable entry-level compact sedan with a base price of $19,810. It goes up against the Toyota Corolla, Honda Civic, and Hyundai Elantra in terms of popularity.
2022 Volkswagen Jetta
The 2022 Volkswagen Jetta has many features and a spacious interior that appeals to consumers. Its exterior design is more subdued than its flashy Asian competitors, but some people may see this as an advantage.
The S trim of the Jetta has an MSRP of $20,365 and competes with cars such as the Honda Civic, Hyundai Elantra, and Kia Forte.
2022 Toyota Corolla
Our best choice for the best cars of 2022 is the Toyota Corolla. It’s a good-looking, reasonably priced compact sedan that has stolen the hearts of Americans everywhere.
If you’re looking for an affordable Toyota, this is the one; the base model starts at just $20,425. The Corolla goes up against other models, such as the Honda Civic, Mazda 3, and Hyundai Elantra.
Related Posts and Links
- An analysis of the safety features of 4 different car models
- 20 Cheapest Cars for 2023 – TrueCar
