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With inflation and supply chain shortages, new cars are expensive these days. However, there are still some budget-friendly options that you can find. This includes Ford. Check out these five affordable new 2023 Ford models that cost under $30,000. 

What are the cheapest new 2023 Ford models?

Front angle view of orange 2023 Ford Maverick, the most affordable new 2023 Ford model, costing under $30,000
2023 Ford Maverick | Ford

Are you looking for a new Ford car, truck, or SUV that won’t do too much damage to your bank account? Here are five new 2023 Ford models that cost less than $30,000, with their starting price (MSRP):

  1. 2023 Ford Maverick: $22,195 MSRP
  2. 2023 Ford Ranger: $26,400 MSRP
  3. 2023 Ford Escape: $27,500 MSRP
  4. 2023 Ford Mustang: $27,770 MSRP
  5. 2023 Ford Bronco Sport: $29,215 MSRP

2023 Ford Maverick is the cheapest new Ford available

The 2023 Ford Maverick, which starts at $22,195 MSRP, is the cheapest new 2023 Ford available. The Maverick is also the cheapest new pickup truck that you can buy. Along with its budget-friendly price, the Maverick is efficient, especially for its standard hybrid powertrain. The Maverick Hybrid gets an estimated gas mileage of up to 42 city/33 highway mpg, while the fully gas-powered version gets a fuel economy of up to 23 city/30 highway mpg. 

Also, the Maverick has good handling and a surprisingly roomy interior. Plus, with its FLEXBED, it provides versatile configurations, segmented storage, DIY solutions, and racks for outdoor equipment.

2023 Ford Escape is the most affordable new Ford SUV

Side view of red 2023 Ford Escape, the cheapest new 2023 Ford SUV, costing under $30,000
2023 Ford Escape | Ford

With a starting price of $27,500 MSRP, the 2023 Ford Escape compact crossover SUV is the most affordable new 2023 Ford SUV that you can buy. The cheapest new Ford SUV used to be the EcoSport subcompact crossover SUV, but that was discontinued.

Also, the 2023 Escape has a refreshed design. It features a stylish new front end — with a wider grille and a new bumper, hood, and wheels. Additionally, the 2023 Escape has new technologies. This includes the SYNC 4 infotainment system with enhanced voice recognition, connected built-in navigation, over-the-air updates, and an available 13.2-inch touchscreen.

2023 Ford Mustang is a budget-friendly sports car under $30,000

Front angle view of orange-red 2023 Ford Mustang
2023 Ford Mustang | Ford

Another new 2023 Ford model that costs under $30,000 is the 2023 Ford Mustang, which starts at $27,770 MSRP. There are not many new sports cars for less than $30,000 — let alone an iconic one like the Mustang. 

While there are more expensive and powerful Mustang models available, you’ll still get great performance and driving dynamics with the base-level EcoBoost Fastback trim. It comes equipped with a turbocharged 2.3-liter four-cylinder engine, which doles out 330 horsepower and 350 lb-ft of torque. Also, its independent rear suspension helps provide confident handling and a responsive ride. Overall, the Mustang is a performance bargain.

New 2023 Ford models that cost less than $30,000 include the 2023 Maverick, 2023 Ranger, 2023 Escape, 2023 Mustang, and 2023 Bronco Sport. If you desire an affordable new Ford model, then these are five models to consider. 

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Staff Writer, Producer - SUVs

Mark Putzer

With seven years of experience writing in the automotive industry prior to joining MotorBiscuit in 2021, Mark’s work can be found on dealership websites across North America. A Bachelor of Science degree in zoology from the University of Wisconsin-Madison sent Mark into the wilderness for environmental studies. Here, he discovered a passion for driving off-road trucks and SUVs off the beaten path.

During his extensive international travels, Mark developed an affinity for foreign cars and international automotive markets. Inspired by the industry-wide push toward environmentally-friendly EVs and hybrids, Mark covers topics about recent advances in the automotive industry, in addition to everything from off-road concepts to emerging EV technology.