This Is the Cheapest New Car You Can Buy in 2023

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Looking for a cheap new car? The 2023 Nissan Versa is your best bet.

With a starting price of $15,730, the Versa is the least expensive new car in America for 2023, according to a report from Kelley Blue Book.

Nissan charges an additional $1,095 to deliver the subcompact car, KBB reports.

Just three subcompact cars are left on the market for 2023, according to KBB. They are the:

  • Nissan Versa (starting at $15,730)
  • Mitsubishi Mirage (starting at $16,245)
  • Kia Rio (starting at $16,550)

KBB notes that despite its slightly higher cost, the Rio may be the best choice of the three. It has the longest warranty and “may also be the best-looking of the group” — although that is not saying much. As KBB explains:

“Subcompact sedans, as a rule, are not attractive vehicles. Automakers tend to design all their sedans to look similar for brand awareness. The face that looks right on a midsize car usually looks bulbous and comical when shrunk down to subcompact proportions.”

Two other subcompacts — Chevrolet’s Spark and Hyundai’s Accent — have gone to that scrap heap in the sky after the manufacturers chose not to produce new 2023 models.

Before you rush out to buy a new car, consider a used vehicle instead. You will usually get a better deal. For more, check out “5 Steps You Must Take Before Buying a Used Car.”