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Top 5 Most Affordable SUVs of 2023 - Budget-Friendly Options with a Twist

In today's auto market finding an affordable SUV that doesn't break the bank yet still packs a punch in features can feel like searching for a needle in a haystack. However 2023 has brought some surprisingly budget-friendly options that manage to balance cost and quality. Here we delve into the cheapest SUVs of 2023 giving you a detailed look at what your hard-earned cash can get you in today's market.

For more insights on affordable options check out these cheapest suv 2023.

Budget-Friendly Beasts on Four Wheels

The Leader of the Pack: Kia Soul

Starting Price: $19,790

The Kia Soul remains a favorite for its unique boxy design and commendable fuel efficiency. It's the perfect companion for urban adventurers or those who just need a little more room for the grocery haul.

Pros:

  • Spacious interior with a funky design
  • Excellent visibility and tech-savvy features

Drawbacks with a Smile:

  • If you're looking to blend in this isn't the ride for you - the Soul stands out like a sore thumb in a sea of conventional SUVs.

Expert Opinion: "Kia Soul is the quirky character everyone needs in their life - think of it as the friend who brings board games to a house party!" - Alex Collantes Avenue Motors

Runner-Up: Hyundai Venue

Starting Price: $20,500

Hyundai's Venue is the scrappy younger sibling in the SUV family offering nimble handling and a compact size that's ideal for city living.

Pros:

  • Affordable with a capital 'A'
  • Surprisingly roomy for its size

Drawbacks with a Smile:

  • It's like a superhero in disguise - compact on the outside but watch out for the crammed legroom if you're taller than average.

Expert Opinion: "Venue might be small but it's mighty. It's the perfect starter SUV for newcomers to the SUV scene or for those who swear they’d never drive one." - Alex Collantes

The Underdog: Nissan Kicks

Starting Price: $21,300

Don't let the name fool you the Nissan Kicks is serious about offering a good mix of style and substance at a price point that won’t kick you in the wallet.

Pros:

  • Fuel economy that will make your wallet smile
  • Sporty design with color customization options

Drawbacks with a Smile:

  • The acceleration might make you think it's taking a leisurely stroll in the park rather than rushing to your next meeting.

The Reliable Contender: Chevy Trax

Starting Price: $22,595

Chevy Trax offers straightforward functionality and comfort wrapped up in a price that’s hard to beat.

Pros:

  • Sturdy build quality typical of Chevy
  • Ample cargo space for weekend getaways

Drawbacks with a Smile:

  • With its less than sporty handling the Trax could be more at home in a parade than a rally race.

The Frugal Adventurer: Ford EcoSport

Starting Price: $23,335

Last but not least the Ford EcoSport makes a case for itself with an array of features that aim to please without emptying your pockets.

Pros:

  • Available AWD for those unexpected adventures
  • Compact yet rugged design

Drawbacks with a Smile:

  • It's called EcoSport but don't expect to win any races unless they're uphill... slowly.

FAQs: All You Need to Know About Budget SUVs

  1. What makes an SUV 'affordable'?

    • An affordable SUV is priced below the average cost of new vehicles in the market while still offering essential features and reasonable performance.
  2. Are there hidden costs in buying the cheapest SUVs?

    • Always look out for additional costs like destination fees higher insurance premiums and potential higher fuel consumption.
  3. How do I choose the right budget SUV?

    • Consider what's essential for you whether it's fuel efficiency cargo space or advanced tech features and make a choice based on your priorities.
  4. Can I expect good fuel economy from a cheap SUV?

    • Yes many budget-friendly SUVs offer great fuel economy especially those with smaller engines or hybrid systems.
  5. What is the best cheap SUV for families?

    • The Kia Soul and Chevy Trax are great options offering ample space and safety features ideal for family use.
  6. Are cheaper SUVs less safe?

    • Not necessarily. Many affordable SUVs come equipped with standard safety features but always check the individual safety ratings.
  7. What warranty comes with budget SUVs?

    • Most come with at least a 3-year/36000-mile basic warranty but terms can vary so check with the dealer.
  8. Is financing available on these models?

    • Yes most dealerships offer financing options for new vehicles including budget SUVs.
  9. What should I look for during a test drive?

    • Pay attention to comfort handling noise levels and any technological features that are important to you.
  10. Can I negotiate the price of a budget SUV?

    • Absolutely! Always try to negotiate regardless of the price point.
  11. Which budget SUV has the best tech features?

    • The Hyundai Venue stands out with its modern tech setup at a low price point.
  12. What are the best budget SUVs for city driving?

    • Compact SUVs like the Hyundai Venue and Nissan Kicks are perfect for city driving thanks to their size and maneuverability.
  13. Can I find a good SUV under $20,000?

    • The Kia Soul starts close to this price and offers a compelling package of features and style.
  14. What is the resale value of these SUVs?

    • Resale values can vary widely but typically budget cars depreciate faster than more premium models.
  15. How often should I service my budget SUV?

    • Follow the manufacturer's recommended service intervals typically found in the owner’s manual.

In the quest for the most affordable SUVs of 2023 it's clear that there are plenty of options that don’t skimp on quality for cost. Whether you’re a first-time buyer or just looking to economize these models prove that you can still enjoy the ride without splurging too much. Just remember not all cheap rides need to feel cheap!