3 Reasons to Consider the Cheapest SUV for 2023

The popularity of specific vehicle segments changes all the time. What’s in high demand today might not be tomorrow. But there’s an undeniable rise in SUV popularity that continues to dominate the market. More and more car-buying consumers are turning to the fuel-efficient, capable, and increased seating capacity SUVs have to offer. There are micro-segments of SUVs, spanning from the massive behemoth to the compact crossover designs, each representing price points accordingly.

In theory, opting for the cheapest option isn’t always the best course of action whenever you’re buying something substantial. However, there are some advantages to choosing the cheapest SUV, especially considering the benefits of the Hyundai Venue. Before you buy, see why more affordable might very well be better, in the case of the Hyundai Venue in 2023.

1. Small and efficient

The front of a 2023 Hyundai Venue, which is the cheapest SUV for 2023 available.
2023 Hyundai Venue | Hyundai Motor Company

There’s no shortage of available SUVs for 2023 with affordable price tags. TrueCar put together a list of the absolute cheapest you can buy. Among those in this “most affordable” category, you’ll recognize the Nissan Kicks, the Chevy Trax, the Mazda CX-30, the Toyota Corolla Cross, and the Hyundai Kona. But topping that list is the 2023 Hyundai Venue. And probably the biggest perk about this new Hyundai is its size and efficiency.

TrueCar says you can expect to enjoy the style and practicality of a crossover with a nimble, car-like feel. Its “boxy figure” makes it charming, and because it’s the automaker’s smallest SUV, it’s an ideal option for city living. Park this little SUV in cramped parking spaces or dodge and weave through congested traffic easily. Enjoy great visibility and plenty of room to haul people (five of them) and things. You’ll appreciate the fuel efficiency, too, with its 29 mpg in city driving conditions and 33 mpg driving on the highway.

2. Impressive infotainment features

You might assume that the 2023 Hyundai Venue will be lacking in the technology department because it’s cheap. But you’d be wrong. The infotainment system and safety tech are pretty impressive, just reinforcing another benefit of going with the cheapest. The latest Hyundai Venue comes with wireless Apple CarPlay and Android Auto, for example. As Edmunds describes, you’ll also get navigation and an eight-inch touchscreen standard.

Advanced safety features include pedestrian detection and lane-keeping assist alerts. Other standard driver aids are on the robust list, too. Enjoy lane-departure mitigation, driver attention warning systems, forward collision warnings, rear seat reminders, and automatic high beams.

3. Long warranty coverage

Related

3 Vehicles up to $50,000 With the Cheapest 5-Year Ownership Costs

Here’s another advantage you can expect when buying the cheapest SUV on the TrueCar list for 2023. You get Hyundai’s impressive warranty coverage. The Venue is backed by the automaker’s 10-year or 100,000-mile powertrain warranty. It’s “America’s Best Warranty” for a reason and out-covers most competitor warranties.

MarketWatch breaks down the various coverages Hyundai provides, including the new vehicle limited warranty that covers five years or 60,000 miles and the anti-perforation warranty covering seven years at unlimited miles. These coverage options only provide you with more peace of mind that your Hyundai, no matter how cheap it is, still enjoys the protections for repairs and replacements down the road.

The 2023 Hyundai Venue comes in three trims, with the SEL IVT being the most popular. And it’s super-cheap, with a starting MSRP of $22,545, making it a great SUV choice for anyone on a budget in 2023. While it’s probably safe to assume that cheaper isn’t better with everything else you plan to buy in 2023, give the Hyundai Venue a break. It offers the best of both worlds, SUV ownership, and economic value.