Shopping for a new vehicle can be both exhilarating and daunting. The prospect of owning a fresh set of wheels brings excitement, but the challenge lies in finding a car or SUV that meets your needs without breaking the bank. Thankfully, with a little research, you can discover the perfect vehicle that fits your budget. Start a search today to find the cheapest cars and SUVs!
Honda Civic Sport Sedan
MSRP: $24,650
The Honda Civic has been a benchmark of inexpensive motoring for decades, and the 2023 Honda Civic Sport Sedan carries on this legacy. With its mature styling and upmarket feel, the Civic delivers more than its price suggests. The base trim’s 2.0-liter four-cylinder engine offers impressive fuel efficiency at up to 37 mpg, making it an economical choice for daily commuting and beyond.
Mazda3 S Sedan
MSRP: $22,550
The 2023 Mazda Mazda3 S Sedan defies the notion that cheap cars are dull or lacking in style. With a chic exterior and an upscale interior, this affordable option maintains its fashion-forward appeal. While its gas mileage falls slightly behind rivals, the Mazda3’s aesthetic charm makes it a compelling choice for those who prioritize style without compromising on affordability.
Toyota Corolla LE Sedan
MSRP: $21,550
The Toyota Corolla has a reputation for dependability, and the 2023 Toyota Corolla LE Sedan upholds this tradition. With its sporty looks and practicality, the Corolla offers an enticing value for its starting price. While it might not offer hot-hatch performance, the Corolla’s well-rounded package makes it a solid choice for budget-conscious buyers.
Hyundai Elantra SE Sedan
MSRP: $20,500
The 2023 Hyundai Elantra SE Sedan challenges the notion that affordable cars can’t be stylish and modern. With its super-modern styling and impressive interior space, this budget-friendly option stands out. However, some trade-offs exist, such as the Continuously Variable Automatic Transmission (CVT) and lower trim levels lacking the performance of pricier alternatives. Nonetheless, the Elantra offers a blend of aesthetics and cost-effectiveness.
Kia Forte LX Sedan
MSRP: $19,490
The 2023 Kia Forte LX Sedan combines affordability with a host of standard features, including CarPlay and Android Auto. Despite its tiny base price, the Forte boasts a modern exterior and offers a comfortable and livable experience. For those willing to explore higher options, the Forte GT stands out as one of the sportiest cars in its price range.
Nissan Versa S
MSRP: $15,880
The 2023 Nissan Versa S holds its position as one of the cheapest cars on the market, even after receiving a facelift. While compromise comes with affordability, the Versa offers standard features like remote keyless entry, automated emergency braking, and CarPlay/Android Auto compatibility. While it may lack the interior space of some competitors, it’s an excellent choice for budget-conscious individuals.
Toyota C-HR
MSRP: $25,615
The 2023 Toyota C-HR brings a unique blend of style and urban practicality. With its distinctive design and slightly elevated seating position, it’s an ideal choice for city driving. While it doesn’t offer all-wheel drive, the C-HR stands out as a stylish crossover option with a dash of flair.
Honda HR-V
MSRP: $25,045
The 2023 Honda HR-V enters its second generation with increased roominess and substance. Now based on the larger Civic compact, the HR-V features a 2.0-liter engine and an interior that matches the Civic’s elegance. While it might not be the fastest SUV, its blend of comfort and practicality makes it a noteworthy option.
Mazda CX-30
MSRP: $24,225
The 2023 Mazda CX-30 stands out by combining upscale style and subcompact SUV practicality. With similarities to the Mazda 3 hatchback, the CX-30 delivers near-luxury appeal. Every CX-30 model for 2023 comes with all-wheel drive, enhancing its value in this segment.
Chevrolet Trailblazer
MSRP: $23,295
The 2023 Chevrolet Trailblazer resurrects an old name in a small crossover format. With its aggressive styling and the choice of two three-cylinder engines, the Trailblazer offers unique options in this category. While its fuel economy may not be extraordinary, its distinctive design sets it apart.
Tips to Save Money When Shopping for a New Car
Finding a cheap vehicle isn’t just about choosing an affordable model; it’s also about smart shopping. Here are some tips to keep in mind:
- Research Thoroughly: Don’t rush into a purchase. Research different models, their prices, and ownership costs to find the best fit for your budget.
- Negotiate Skillfully: Negotiation is key. Don’t hesitate to haggle with the dealer to get the best possible price.
- Explore Financing Options: Compare financing rates from different lenders, including banks and credit unions, to secure the most favorable deal.
- Minimize Optional Add-ons: While add-ons can enhance your driving experience, they can also inflate the price. Focus on essential features to save money.
Start Your Search Today
The search for an affordable car or SUV can be an exciting journey. With numerous budget-friendly options available, you’re sure to find a vehicle that aligns with both your preferences and your wallet. Now that you’re armed with information about some of the cheapest cars and SUVs in 2023, it’s time to start your online search.
Explore different models, compare prices, and take advantage of the tips provided to make a well-informed decision. Your budget-friendly dream car is just a few clicks away!