Cheap Brand New 2023 Cars Under $20,000 - Top 5

Looking for a brand-new car that won't break the bank in 2023? Well, there are some affordable options available, and we have compiled a list of the cheapest new cars for the current year.


First on our list is the 2023 Nissan Sentra, with a starting price of $19,950. The Sentra is a practical and reliable compact sedan that offers excellent fuel economy and a comfortable ride. It comes standard with a 2.0-liter four-cylinder engine that produces 149 horsepower and 146 lb-ft of torque. The engine is mated to a continuously variable automatic transmission (CVT) that delivers smooth and efficient power.


Next up is the 2023 Chevrolet Spark, which has a starting price of $14,395. The Spark is a subcompact car that offers a surprisingly spacious interior and a range of standard features, including a 7-inch touchscreen infotainment system, Apple CarPlay, and Android Auto. It is powered by a 1.4-liter four-cylinder engine that produces 98 horsepower and 94 lb-ft of torque. The engine is paired with a five-speed manual or a continuously variable automatic transmission.


Another affordable option is the 2023 Mitsubishi Mirage, which starts at $15,190. The Mirage is a subcompact car that boasts impressive fuel efficiency, achieving up to 39 mpg on the highway. It comes standard with a 1.2-liter three-cylinder engine that produces 76 horsepower and 74 lb-ft of torque. The engine is paired with a five-speed manual or a continuously variable automatic transmission.


If you're in the market for a compact crossover, the 2023 KIA Soul is an excellent option with a starting price of $18,990. The Soul has a spacious and funky interior that is both practical and stylish. It comes standard with a 2.0-liter four-cylinder engine that produces 147 horsepower and 132 lb-ft of torque. The engine is paired with either a six-speed manual or a continuously variable automatic transmission.


Lastly, there's the 2023 Hyundai Accent, which has a starting price of $15,395. The Accent is a subcompact car that offers a comfortable and quiet ride, along with an impressive list of standard features, including a 7-inch touchscreen infotainment system and a rearview camera. It is powered by a 1.6-liter four-cylinder engine that produces 120 horsepower and 113 lb-ft of torque. The engine is paired with either a six-speed manual or a continuously variable automatic transmission.

Overall, some tremendous, affordable new cars are available for 2023 to those with tight and frugal budgets, ranging from practical compact sedans to funky crossovers. These options offer good value for their respective price points and provide reliable transportation for those on a budget. What's your favorite, or which one do you like the most?