Kia Rio Wins 2023 Best Value Award from

January 24th, 2023 by 2023 Best Value New Cars - Kia Rio has awarded the 2023 Kia Rio with the 2023 Best Value for New Cars award!

To identify the new vehicles that offer the best value for the money, editors considered all models that fall under their respective segments’ median price among dealers; luxury brands were excluded from the data in the interest of affordability. In order to be a finalist, a vehicle must offer an automatic transmission and gas-powered models must take regular fuel. All-electric vehicles had an additional requirement of a minimum range.

All finalists must also offer the following set of features as standard or available: Android Auto and Apple CarPlay, blind spot monitoring, forward collision warning with automatic emergency braking, pedestrian detection, and lane departure warning. Among qualifying vehicles that met the initial pricing and features criteria, the final list was narrowed down to those with the most affordable median prices.

Here’s what editors had to say about the Rio:

“The 2023 Kia Rio is one of the least expensive paths to new-car ownership. This front-wheel-drive, five-seat subcompact is available in sedan and four-door hatchback body styles, with an entry-level LX version for the sedan and better-equipped S trims of both the sedan and hatchback. Because the hatchback offers slightly more passenger and cargo space, we think it’s the smarter pick. Every Rio is powered by a 120-horsepower, 1.6-liter four-cylinder engine that’s paired with a continuously variable automatic transmission. Fuel economy is great, though acceleration takes patience.”

2023 Kia Rio S:

  • Add-ons: Technology Package
  • Median trim price: $20,240
  • Starting price: $20,085
  • MPG (city/highway/combined): 32/41/36
  • Annual fuel costs: $1,400
  • Warranty: Five years/60,000 miles bumper-to-bumper; 10 years/100,000 miles powertrain

Other Best Value Awards for Kia Vehicles:

Posted in Awards, Rio