There were many disruptions in the automobile industry in the past few years. This has led to major challenges for the automobile manufacturers to meet demand.

The adverse effects on the supply chains across the globe in this sector has led to limited production. This in turn has resulted in a shortage of supply of cars, leading to an increase in price.

With the rising fuel prices, what’s even more expensive than buying a car is maintaining it! In such a scenario, a budget car with great mileage is what you need.

Top Budget Cars to Look for in 2023

Looking forward to buying a car in 2023? Here we shall look at some of the best budget cars you can find.

1] Hyundai i10

When you’re looking for a quality car within a reasonable budget, you can’t ignore the Hyundai i10. This cute car offers safety you can rely on and is priced at $17,543.

The car is one of the cheapest cars on this list, but high on performance. The entry level model comes with a 67 hp engine, which is pretty decent for moderate use.


  • Sophisticated exteriors
  • Great for short distances
  • Relatively large boot


  • Entry level models are pretty basic.
  • Relatively dull interiors
  • Not so powerful engine

2] Skoda Scala

If you’re looking for a car that is reasonably priced at $24,276, the Skoda Scala is great to consider. What really stands out in this car with a 95 hp engine, is the relatively large space.


  • Spacious for passengers and storage
  • Value for money
  • Good infotainment system


  • Relatively slow engine
  • Automatic gearbox not so smooth

3] Vauxhall Corsa

The Vauxhall Corsa has been one of the top selling cars in the UK for years now. The reason for its popularity is its solid build and sophisticated exteriors. 

The car is available at a starting price of $23,249 and also offers pure-electric versions.


  • Driving is fun
  • Engine pretty efficient
  • Good quality equipment and specifications


  • Suspension not so good at low speeds
  • Limited space
  • Infotainment could be better
  • Relatively drab interiors

4] Kia Rio 2023

While the Kia Rio 2023 might not be the best in terms of looks, it’s a great car for budget buyers. What really stands out for this car is its fuel efficiency, safety features and cool interiors.

This attractive car is priced at $20,228 and offers a smooth ride and is available as sedan as well as hatchback. It comes with a 120 hp engine, which is pretty impressive for a budget car.


  • Comfortable drive
  • Advanced safety features
  • Aesthetic interiors


  • Comparatively less storage space
  • Slow acceleration

5] Mitsubishi Mirage 2023

If you are looking for a compact car, then your quest ends with the Mitsubishi Mirage 2023. This 5-seater vehicle offers excellent fuel efficiency and enough storage space.

The starting price is $11,532 which is pretty reasonable for a quality car. The car is available as a sedan as well as a hatchback, allowing people options to choose from.


  • Highly affordable
  • Quite spacious
  • Impressive mileage


  • Slow acceleration

Saving Money on Your Car

So, you’ve got your dream car within your budget, what next? There are certain things you can do to help you save money on your car.

a] Keeping your tires in good condition

The tires are the most significant parts of your car that you simply cannot ignore. Always check the inflation and wear and tear if any and replace immediately if required.

A leading name like Mastercraft tires can help you in keeping your tires in perfect condition for utmost safety.

b] Driving more efficiently

When you drive efficiently, you contribute towards the life of your car. This comes with practice and there are certain rules to follow.

c] Sticking to the maintenance schedule

Timely maintenance of your vehicle is essential for safety and optimal functioning. Also, it ensures you won’t encounter expensive repairs in future.

d] Getting car insurance

Car insurance is important because you never know when you face an unforeseen situation. Having a car insurance in place ensures you don’t have to worry about money.

There are few other cars that you might consider if you can go a little above the budget range. A few such cars are:

  • Hyundai Elantra 2023
  • Nissan Sentra 2022
  • Kia Soul 2023
  • Toyota Corolla 2023.


There are quite a few different options when it comes to budget cars. These cars come with pretty impressive specifications for a budget car and are great consideration.

If you have been saving for a car, what are you waiting for? Go ahead and experience the joy of driving!