As technology and engineering advance with each passing year, cars are being sold more as lifestyle choices than as modes of transportation. But all those extras we pack into our car choices can get expensive, and most of the time we just want to get where we’re going.
So, when you parse a car down to its most essential function, which automobiles are worth their weight in gold? These are the cheapest new cars of 2023.
Starting Price: $15,730
The discontinuation of the Chevrolet Spark, which has reigned as the cheapest car for several years, means there’s a new king in town. With a starting price below $16,000, the Nissan Versa is the cheapest new car of 2023.
The Versa was completely redesigned in 2020, creating a much-improved vehicle. (No more manually operated crank windows.) The car now comes with more legroom than one would expect, plenty of cargo room and a 122-horsepower, four-cylinder engine that’s more than adequate.
Safety is addressed with a host of features including automatic emergency braking, lane-departure warning, and automatic high-beams. The entry-level Versa S sedan retains Bluetooth functionality, but lacks the Android Auto and Apple CarPlay integration you can find in higher trims.
Starting Price: $16,245
The Mirage’s engine provides an impressive fuel economy of 36 mpg city / 43 mpg highway, but don’t expect much power out of it. Mustering a lowly 78 horsepower, the Mirage is the least powerful car on the market.
That doesn’t mean this compact vehicle has nothing to offer. It comes standard with several safety features – forward collision mitigation, lane departure warning and automatic high beam. The model also features an Android Auto and Apple CarPlay compatible 7.0-inch display.
The Mitsubishi Mirage may not be the most fun car to drive, but if you’re running errands or commuting around the city, it may be the best cheapest new car of 2023 for you.
Starting Price: $16,550
Last year, the Kia introduced both a sedan and hatchback Rio model. Both versions are still available today, although the latter will cost you about $1,000 more.
The car is still loaded with many of the standard features you’d find in higher-end vehicles, including Bluetooth capability and a 8.0-inch infotainment touchscreen with Android Auto and Apple CarPlay integration. The higher-trim level offers SiriusXM satellite radio, keyless entry, LED headlights and automated emergency braking and safety features.
In 2020, the Rio increased its combined mpg from 32 to 36, where it remains today. With standard entertainment options and improved fuel economy, the Rio is an even better value than in years past.
For more car recommendations, check out our test drives.
AAA members get great rates and competitive terms when shopping through the AAA Auto Buying program. Learn more about our network of certified dealers and to start comparing vehicles today.