SUVs are more popular than ever. With high ground clearance, roominess, and utility, automotive consumers are increasingly choosing sedans. One downside to SUVs, however, is that they are often expensive. However, there are a few affordable exceptions, including the 2023 Hyundai Venue subcompact, which is the cheapest new SUV. It also has the best warranties, with powertrain warranty coverage of up to 10 years.
2023 Hyundai Venue is the new cheapest SUV
The 2023 Venue has a starting price of just $19,500 MSRP, making it the cheapest new SUV in the United States. The next most affordable new SUVs are the 2023 ($19,790 MSRP) and 2023 Nissan Kicks ($20,290 MSRP).
: $23,060 MSRP
One thing all of these budget SUVs have in common is that they’re subcompacts. For many car buyers, compact SUVs are replacing compact and subcompact sedans and sedans as the economy vehicles of choice. And the cheapest of all is the Venue.
2023 Hyundai Venue has the best warranty coverage
Not only is the 2023 Hyundai the most affordable new SUV, it also has the best warranty coverage. Plus, generous warranty coverage adds to the convenience. Repairs are a major cost to vehicle ownership. And repairs are much cheaper with extended warranty coverage.
Like other new Hyundai models, the Venue is covered by a 10-year/100,000-mile powertrain warranty and a 5-year/60,000-mile base warranty. By comparison, the industry standard is a 5-year/60,000-mile plan for powertrains and a 3-year/36,000-mile plan for basic coverage.
The only other automakers offering this long are Genesis, Kia, and Mitsubishi. Genesis is the luxury division of Hyundai, while Kia is owned by Hyundai.
Additionally, the Venue and other Hyundai and Genesis vehicles offer a free maintenance plan. Good for three years or 36,000 miles, it covers free factory scheduled maintenance, including oil changes, tire rotations, fluid top-ups, and multi-point inspections.
Hyundai Venue offers excellent value for money
Also, the low price doesn’t mean the 2023 Venue is a budget-quality SUV. It is reliable with minimal problems, evidenced by the “great” reliability score of 82/100 received from JD Power.
Furthermore, the Venue offers excellent value for money with its many desirable features. Standard and available features include heated front seats, dual-zone automatic climate control, smartphone integration and wireless charger. There are also driver assistance technologies, such as a rear view camera, blind spot monitor and lane keeping assist.
And yet another aspect that adds to the convenience is efficiency, with savings at the fuel pump. The Venue gets respectable gas mileage estimated at up to 31 mpg combined.
If you’re looking for an affordable SUV, check out the 2023 Hyundai Venue. It’s the cheapest new SUV and has the best warranty coverage.
