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Top 100 Cheapest New Cars for 2023

For those of you who want the dependability and warranty a new car can provide, but need something super affordable, I've compiled the top 100 most affordable new cars available right now, broken down by trim level.

If you intend to keep your new vehicle for a long time (like more than 5 years), than one of these options may make sense for you. However, if you like to trade cars often, or want a lot of bang for your buck, you should be considering a 3-5 year old used car instead.

Unlike other sources, I sort my list by Average Selling Price, not MSRP, because this is more accurate, plus it factors in the different discounts or premiums you will pay for different models. Most other sources list these vehicles incorrectly because they focus on MSRP, not REAL prices you can expect to pay.

Also note that the cheapest cars are generally those with Manual transmissions. Most people don't want these, and they're usually hard to find in stock anyway. I highlighted the ones with Manual transmission in red color.

The good news is these deals should all be readily available on TrueCar No Haggle and CarsDirect

Cheapest Brand New Cars (by location)

Rank Vehicle Trim Location MSRP Avg Sale Price Local Deals
1 2023 Mitsubishi Mirage Sedan G4 ES Multiregion $18,500 $18,007
2 2023 Kia Rio Sedan LX IVT Washington DC $17,875 $18,155
3 2024 Mitsubishi Mirage Sedan G4 ES Multiregion $19,050 $18,641
4 2023 Kia Forte Sedan LX IVT Los Angeles $20,815 $20,788
5 2023 Nissan Versa Sedan SR Southeast $21,065 $21,269
6 2023 Nissan Sentra Sedan SV Florida $22,515 $22,187
7 2023 Volkswagen Jetta Sedan Sport Manual Florida $23,050 $22,305
8 2023 Hyundai Venue SUV SEL IVT Washington DC $22,735 $22,652
9 2023 Hyundai Elantra Sedan SEL IVT Florida $23,315 $22,906
10 2024 Toyota Corolla Sedan LE Multiregion $22,995 $23,190
11 2024 Buick Envista SUV Preferred Los Angeles $23,495 $23,471
12 2023 Nissan Kicks SUV SR Florida $24,485 $24,167
13 2023 Ford Maverick Truck XL SF Bay $24,170 $24,440
14 2023 Hyundai Kona SUV SEL Florida $25,285 $24,849
15 2023 Kia Soul SUV GT-Line IVT Pacific NW $24,815 $24,916
16 2024 Subaru Legacy Sedan Base Washington DC $25,985 $25,065
17 2023 Subaru Impreza Sedan Sport Nationwide $25,615 $25,137
18 2024 Chevrolet Trax SUV Detroit $24,995 $25,405
19 2023 Chevrolet Equinox SUV LS - 1LS Florida $27,995 $25,603
20 2024 Nissan Altima Sedan 2.5 S Florida $26,825 $25,661
21 2023 Toyota Corolla Sedan LE Texas $25,545 $25,814
22 2024 Subaru Crosstrek SUV 2.0i Texas $26,290 $25,910
23 2022 Mitsubishi Outlander Sport SUV SE 2.0 Nationwide $27,690 $25,952
24 2024 Toyota Corolla Sedan LE Multiregion $25,795 $25,995
25 2024 MINI Hardtop Hatchback Cooper Nationwide $27,295 $26,652
26 2024 Mazda Mazda3 Sedan Preferred Southeast $27,355 $26,936
27 2024 Kia K5 Sedan LXS Washington DC $26,515 $27,121
28 2024 Chevrolet Equinox SUV LS - 1LS Texas $27,995 $27,206
29 2023 Chevrolet Trailblazer SUV RS Pacific NW $27,495 $27,329
30 2023 Chevrolet Malibu Sedan LT Los Angeles $29,195 $27,506
31 2023 Toyota Corolla Sedan XSE Florida $27,945 $27,912
32 2023 Kia K5 Sedan GT-Line Pacific NW $27,815 $28,190
33 2024 Nissan LEAF Hatchback S Nationwide $29,235 $28,196
34 2024 Subaru Impreza Sedan RS Los Angeles $28,975 $28,293
35 2024 Toyota Camry Sedan SE Florida $29,055 $28,408
36 2022 Ford EcoSport SUV Titanium Nationwide $29,690 $28,468
37 2023 Mitsubishi Outlander Sport SUV GT 2.4 AWC Florida $29,860 $28,534
38 2023 Volkswagen Tiguan SUV S Florida $29,745 $28,838
39 2024 Mitsubishi Eclipse Cross SUV LE S-AWC Multiregion $29,850 $29,079
40 2023 Nissan Altima Sedan 2.5 SR SF Bay $30,425 $29,123
41 2023 Hyundai Tucson SUV SEL Detroit $29,835 $29,235
42 2022 Toyota C-HR SUV Nightshade Multiregion $26,380 $29,337
43 2023 Chevrolet Camaro Coupe 2LT Multiregion $30,295 $29,396
44 2023 FIAT 500X SUV Pop Nationwide $31,100 $29,522
45 2024 Chevrolet Trailblazer SUV RS Nationwide $29,995 $29,725
46 2024 Kia Seltos SUV EX 2.0 Washington DC $29,315 $29,732
47 2024 Honda HR-V SUV Sport Washington DC $29,025 $29,772
48 2023 Toyota Corolla Cross SUV S Texas $29,320 $29,879
49 2023 Mazda Mazda3 Sedan Premium Florida $30,565 $29,880
50 2022 Ford Escape SUV SE Texas $31,660 $29,886
51 2023 Hyundai Elantra Sedan Limited SF Bay $30,265 $29,892
52 2023 Subaru Crosstrek SUV 2.5i Limited Multiregion $30,720 $30,019
53 2023 Honda Accord Sedan EX without BSI Washington DC $30,155 $30,336
54 2022 Nissan Rogue Sport SUV SL Nationwide $32,385 $30,521
55 2023 Toyota Corolla Cross SUV XLE Florida $30,365 $30,641
56 2023 Volkswagen Taos SUV SE Florida $31,670 $30,674
57 2023 Mitsubishi Eclipse Cross SUV Ralliart S-AWC Southeast $31,926 $30,703
58 2023 Mitsubishi Outlander SUV SE Florida $32,390 $30,748
59 2024 MINI Hardtop Hatchback Cooper SE New York $31,895 $30,803
60 2023 Dodge Hornet SUV GT Multiregion $32,330 $30,902
61 2023 Toyota GR86 Coupe Manual Texas $30,245 $30,940
62 2023 Chevrolet Bolt Hatchback 2LT New York $30,695 $31,025
63 2023 Buick Encore GX SUV Essence Texas $33,395 $31,081
64 2023 Honda HR-V SUV EX-L Multiregion $30,695 $31,197
65 2023 Toyota RAV4 SUV XLE Florida $31,135 $31,259
66 2023 Jeep Compass SUV Latitude Los Angeles $34,040 $31,270
67 2021 Ford EcoSport SUV Titanium Nationwide $29,590 $31,539
68 2024 Toyota Camry Sedan SE Southeast $31,485 $31,606
69 2023 Dodge Challenger Coupe SXT Los Angeles $34,060 $31,611
70 2024 Hyundai Tucson SUV SEL Southeast $32,235 $31,799
71 2023 Toyota Camry Sedan SE Nightshade Florida $32,285 $31,832
72 2024 Dodge Hornet SUV GT Nationwide $32,330 $31,846
73 2023 Hyundai Tucson SUV Blue Florida $32,685 $32,070
74 2024 Hyundai Santa Cruz Truck SEL Northeast $32,235 $32,073
75 2024 Chevrolet Malibu Sedan 2LT Nationwide $32,595 $32,130
76 2024 Honda Civic Sedan Touring Multiregion $31,645 $32,216
77 2023 Hyundai Sonata Sedan SEL Florida $32,915 $32,306
78 2022 FIAT 500X SUV Yacht Club Capri Nationwide $35,540 $32,654
79 2023 Jeep Renegade SUV Limited Florida $34,565 $32,723
80 2023 Honda Civic Hatchback Sport Touring New York $32,345 $32,798
81 2023 MINI Hardtop Hatchback SE New York $34,895 $32,926
82 2023 Toyota Prius Hatchback XLE SF Bay $31,990 $32,939
83 2024 Mazda CX-5 SUV 2.5 S Carbon Edition Pacific NW $33,325 $32,953
84 2023 Toyota Camry Sedan XLE Florida $33,565 $33,003
85 2023 Subaru BRZ Coupe Limited Multiregion $32,965 $33,161
86 2024 Hyundai Tucson SUV Blue Southeast $33,660 $33,219
87 2023 Honda Accord Sedan Sport Washington DC $32,990 $33,305
88 2023 Mazda CX-5 SUV 2.5 S Premium Pacific NW $34,375 $33,552
89 2024 Mitsubishi Outlander SUV SE Black Edition Southeast $34,090 $33,603
90 2024 Buick Encore GX SUV Avenir New York $34,795 $33,774
91 2023 Kia Sportage SUV EX Pacific NW $32,515 $33,847
92 2023 Cadillac CT4 Sedan Luxury Texas $35,790 $33,938
93 2023 Volkswagen Golf GTI Hatchback 2.0T 40th Anniversary Edition Manual Florida $34,550 $33,945
94 2023 Chevrolet Traverse SUV LS - 1LS Pacific NW $35,915 $33,958
95 2024 MINI Clubman Wagon Cooper S Nationwide $35,045 $34,088
96 2023 Kia Niro Hatchback SX Pacific NW $33,915 $34,106
97 2023 Subaru Forester SUV Wilderness Texas $35,545 $34,150
98 2023 Mazda MX-30 SUV Standard Nationwide $35,485 $34,267
99 2023 Mazda CX-30 SUV Turbo Premium New York $35,175 $34,359
100 2024 Cadillac CT4 Sedan Luxury Texas $35,990 $34,482






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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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