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Cheapest Subcompact Cars of 2023

Cheapest Subcompact Cars of 2023

Shop the most affordable subcompact cars of 2023 as determined by Kelley Blue Book's trusted experts. You'll find ratings, fuel economy, price and more. Explore the rankings and find the perfect car for you.

How we rate vehicles |
2023 Mitsubishi Mirage
#1
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2023 Mitsubishi Mirage

$12,672
Starting Price

3.1
rating
Expert Rating

39 MPG
Combined Fuel Economy
The 2023 Mitsubishi Mirage comes in small hatchback and sedan styles, and is one of the cheapest new cars available.
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2023 Mitsubishi Mirage G4
#2
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3.1
rating
Expert Rating

37 MPG
Combined Fuel Economy
The 2023 Mitsubishi Mirage comes in small hatchback and sedan styles, and is one of the cheapest new cars available.

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2023 Nissan Versa
#3
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$14,970
Starting Price

4.2
rating
Expert Rating

35 MPG
Combined Fuel Economy
The 2023 Nissan Versa subcompact sedan is one of the most affordable new cars on the market and one of the better choices in its class.
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2023 Kia Rio
#4
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$15,942
Starting Price

4.3
rating
Expert Rating

36 MPG
Combined Fuel Economy
The 2023 Kia Rio subcompact sedan or hatchback is for someone who needs a new car that’s cheap to buy and run, and has a great warranty.
2023 Subaru BRZ
#5
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$25,929
Starting Price

4.4
rating
Expert Rating

22 MPG
Combined Fuel Economy
The 2023 Subaru BRZ compact coupe is a real sports car with rear-wheel drive and a suspension that inspires enthusiastic driving.
2023 MAZDA MX-5 Miata
#6
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4.8
rating
Expert Rating

29 MPG
Combined Fuel Economy
The 2023 Mazda MX-5 Miata is the little sports car with the capacity for big fun. It has a perfect blend of handling, power, and affordability.
2023 MAZDA MX-5 Miata RF
#7
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4.8
rating
Expert Rating

29 MPG
Combined Fuel Economy
The 2023 Mazda MX-5 Miata is the little sports car with the capacity for big fun. It has a perfect blend of handling, power, and affordability.
2023 Toyota GR86
#8
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$29,034
Starting Price

4.3
rating
Expert Rating

25 MPG
Combined Fuel Economy
The 2023 Toyota GR86 small coupe exists for the pure joy of driving, with rear-wheel drive and a manual transmission as standard.
2023 Nissan Z
#9
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$34,060
Starting Price

4.2
rating
Expert Rating

20 MPG
Combined Fuel Economy
The 2023 Nissan Z proves sports cars are here to stay. With its twin-turbo V6 and optional manual gearbox, the Z is engineered to entertain.
2023 Toyota GR Supra
#10
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4.4
rating
Expert Rating

26 MPG
Combined Fuel Economy
The 2023 Toyota GR Supra is a premium sports car with an upscale interior, an exciting driving experience, and styling that can’t be ignored.
Cheapest Compact Cars of 2023
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What Our Ratings Mean

  • 0-1.0: This is the rarest group of all because a really bad new car is really, really hard to find these days. We recommend that you pass on any vehicle receiving a rating between 0 and 1.
  • 2.0: Cars landing in this set are also rare. Only true love and limitless passion (or a free vehicle) should allow you to give in to temptation for one of these vehicles.
  • 3.0: Is the vehicle you’re looking at in this range? We’d bet that if you look a little harder, you’ll find a better vehicle at a similar price to fulfill your needs.
  • 4.0: This is the area where the rubber meets the recommendations. The 3-4 range is full of good cars and some great ones. Starting here, it’s OK to listen to your heart.
  • 5.0: These scores represent the cream of the crop, with “5.0” representing, well, near perfection. Any car you choose in this group will treat you very well over time.

How Kelley Blue Book Rates Cars

Rather than pulling random numbers out of the air or off some meaningless checklist, KBB’s editors rank a vehicle to where it belongs in its class. Before any car earns its KBB rating, it must prove itself to be better (or worse) than the other cars it’s competing against as it tries to get you to spend your money buying or leasing.

Our editors drive and live with a given vehicle. We ask all the right questions about the interior, the exterior, the engine and powertrain, the ride and handling, the features, the comfort, and of course, about the price. Does it serve the purpose for which it was built? (Whether that purpose is commuting efficiently to and from work in the city, keeping your family safe, making you feel like you’ve made it to the top — or that you’re on your way — or making you feel like you’ve finally found just the right partner for your lifestyle.)

We take each vehicle we test through the mundane — parking, lane-changing, backing up, cargo space and loading — as well as the essential — acceleration, braking, handling, interior quiet and comfort, build quality, materials quality, reliability.

Meet our editors
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