SHARE
COPY LINK

DRIVING

The cheapest new cars to buy in Spain in 2023

The average price for a new car in Spain is around €21,000, but it is possible to buy one for considerably less than that. Here are some of the cheapest cars to buy in Spain in 2023 and the tips to make sure you get the best possible deal.

cheapest cars spain
The Renault Clio is one of the most cost-effective option for people looking to buy a brand-new car in Spain in 2023. (Photo by Fabrice COFFRINI / AFP)

So you’re looking to buy a new car in Spain that isn’t too expensive. 

Perhaps you’ve studied the second-hand market and wondered if you might as well buy a brand-new vehicle, seeing as getting bargains on used cars doesn’t seem that easy anymore.

READ MORE: Why you should think twice about buying a car in Spain even if it’s second hand

The average price people in Spain paid for a new vehicle in 2022 was €21,553, more than €5,000 than the average paid in 2017 (€17,099).

But the list we provide below showcases how it is possible to buy a car for considerably less, in some cases half that.

Before you scroll down, we want to offer you some pointers to make sure that you get the best possible price, as the showrooms in your area may have the cars we’ve listed for a higher or lower amount.

First of all, keep in mind that these prices are for the most basic models without specs such as central locking, electric windows on all doors, better sound system, better rims, better upholstery and certain colours. The more of these features you add, the higher the price.

Also, it’s worth knowing that to be able to buy any of these cars for these prices, you must accept the financing conditions of the brand. If you want to make the payment in cash, the prices will be slightly higher. Obviously, you’ll have to pay special attention to the interest rates as well as the number of instalments and how much each is.

One of the best ways to land a good price on a vehicle in Spain is when a new model is about to be released, which leads showrooms to often drop the price on the soon-to-be older models.

Don’t rule out ‘kilómetro cero‘ cars, which are floor model vehicles that have been driven by potential buyers. They will have only a few kilometres on them and will rarely have any damage at all, but you may be able to knock a couple thousand euros of the price.

If you already have a car in Spain, remember that the Spanish government launched a new cars subsidies scheme called Plan Renove which allows buyers to receive up to €7,000 in 2023 for trading in older vehicles when purchasing a lower-emissions new vehicle, with further subsidies also offered by manufacturers and dealerships.

With all those tips in mind, it’s now time to move onto the list of cheapest cars in Spain in 2023. As we can’t claim to be car specialists, we will use Top Gear’s words to offer you their bite-sized pros and cons in a nutshell. Keep in mind as well that the vehicles’ appearance and specs listed below may have changed slightly with newer models, usually for the better. 

Citroën AMI – from €8,990

Body style: quadricycle
Battery 5.5 kWh lithium-ion
Range: 75 km on full charge
Passengers: two
Doors: 2

Pros: “Cute, simple, fun, cheap. Better than public transport”

Cons: “Slow, basic, only any use in cities really”

The 2021 Citroën AMI. Photo: Pascal POCHARD-CASABIANCA / AFP
 

Renault Twizy – from €12,105 

Body style: quadricycle
Battery 6.1 kWh lithium-ion
Range: 80 km on full charge
Maximum speed: 80km/h but limited to 45km/in Spain
Passengers: one
Doors: 2

Pros: “It’s tiny, it’s quirky, it recharges in 3.5 hours”.

Cons: “There are some security issues the (optional) doors do little to alleviate.”

The 2019 Renault Twizy. Photo: ADEK BERRY / AFP
 

Hyundai i10 – from €12,250

Acceleration 0-100 km/h: 12.6 to 17.8 seconds
Body style: Hatchback
Cargo volume: 252 L, 1,050 L with seat area
Dimensions: 3,670-3,675 mm L x 1,680 mm W x 1,480-1,483 mm H
Number of doors: 5

Pros: “Comfortable, good tech/equipment, smooth and sensible to drive”

Cons: “Dodgy auto gearbox, steering wheel doesn’t adjust for reach, lane keep tech is overzealous”

The 2016 i10 model. The 2022 version looks considerably more sporty. (Photo by ISHARA S.KODIKARA / AFP)

 

Fiat Panda – from €12,955

Fuel economy: 5.3 l/100km combined
Fuel tank capacity: 38 L
Body style: Hatchback
Acceleration 0-100 km/h: 14.7 seconds
Cargo volume: 225 L, 870 L with seat area

Pros: “Cute looks, good space, cheap to run, delightfully unsporty”

Cons: “Everyone else has moved on in the last 10 years”

The mid-hybrid versions of the Fiat Panda. Photo: Miguel MEDINA / AFP
 

Dacia Sandero – from €13,040

Acceleration 0-100 km/h: 11.6 to 14.2 seconds
Body style: Hatchback
Cargo volume: 328 L, 1,108 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 4,088-4,099 mm L x 1,848 mm W x 1,499-1,535 mm H
Number of doors: 5

Pros: “Smart-looking, spacious, and above all great value”

Cons: “Very little that can’t be explained away by its price”

An older version of the Dacia Sandero. Photo: Alexander Migl/Wikipedia
 

MG ZS Crossover– from €13,990 

Body style: SUV
Acceleration 0-100 km/h: 8.2 seconds
Engine: 1l to 1.5l (including hybrid)
Boot space: 448 litres
Dimensions: 4,314 mm L x 1,809 mm W x 1,611 mm H
Doors: 5

Pros: “Enormously cheap, strong equipment checklist, surprisingly chuckable chassis”

Cons: “Naff engines, dire auto gearbox, no active safety kit, totally anonymous design”

The 2020 model of the MG ZS Crossover. (Photo by Sajjad HUSSAIN / AFP)
 

Seat Ibiza – from €14,100

Acceleration 0-100 km/h: 8.1 to 15.3 seconds
Body style: Hatchback
Cargo volume: 355 L, 1,165 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 4,059 mm L x 1,780 mm W x 1,444 mm H
Number of doors: 5

Pros: “Useful everyday car, good economy for a non-hybrid, looks good”

Cons: “Doesn’t stand out, the interior could be nicer, no sporty Cupra version”

The 2017 Seat Ibiza. Photo: Lluis Gené/AFP
 

Kia Picanto – from €14,200

Acceleration 0-100 km/h: 10.3 to 17.2 seconds
Body style: Hatchback
Cargo volume: 255 L, 1,010 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 3,595-3,670 mm L x 1,595-1,625 mm W x 1,485-1,500 mm H
Number of doors: 5

Pros: “Decent looks, roomy interior, good handling, cheap to run, great warranty”

Cons: “Lesser models could do with more power, of course”

The 2018 Kia Picanto. Photo: Vauxford/Wikipedia

Hyundai i20 – from €14,490

Acceleration 0-100 km/h: 6.2 to 13.1 seconds
Body style: Hatchback
Cargo volume: 352 L, 1,165 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 4,045-4,075 mm L x 1,775 mm W x 1,440-1,450 mm H
Number of doors: 5

Pros: “Clever powertrain, good interior tech, practical, good to drive”

Cons: “Ride is too firm, interior should feel more premium at this price”

An older version of the Hyundai i20. Photo: Vauxford/Wikipedia
 

Fiat 500 Hybrid – €14,513

Fuel economy: 4.6 l/100km combined
Horsepower: 70 hp @ 6,000 rpm
Battery: 0.1 kWh 12 V lithium-ion
Engine: 1.0 L 3-cylinder
Acceleration 0-100 km/h: 13.8 seconds

Pros: “Simple, cheap, lightweight. Easy”

Cons: Not a proper hybrid

The mild-hybrid versions of Fiat’s 500 model. Photo: Miguel MEDINA / AFP
 

Toyota Aygo X Cross – from €14,800

Acceleration 0-100 km/h: 13.8 seconds
Body style: Sport Utility Vehicle
Cargo volume: 269 L, 829 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 3,700 mm L x 1,740 mm W x 1,525 mm H
Number of doors: 5

Pros: “Chunky looks, much safety tech, not too pricey”

Cons: “It’s more of a styling job than a city car rejuvenation”

An older version of the Toyota Aygo X (not Cross). Photo: Alexander Migl/Wikipedia
 

Mitsubishi Space Star – from €15,250

Acceleration 0-100 km/h: 14.1 to 15.8 seconds
Body style: Hatchback
Cargo volume: 209 L, 881 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 3,845 mm L x 1,665 mm W x 1,505 mm H
Number of doors: 5

Pros: Cute and compact, easy to drive

Cons: Steering is a little heavy. Engine noise is loud.

The 2023 Mitsubishi Space Star

Citroën C3 – from €15,795

Acceleration 0-100 km/h: 12.5 seconds
Body style: Hatchback
Cargo volume: 300 litres, 922 with seated area
Dimensions: 3,996 mm L x 1,749 mm W x 1,474 mm H
Number of doors: 5

Pros: “Comfortable, stylish, versatile. Offers something different to competitors”

Cons: “Sedate in most guises, touchscreen controls can be irritating, options quickly add up”

The newest Citroen C3. Photo: MIGUEL MEDINA / AFP
 

Renault Clio – from €15,880

Acceleration 0-100 km/h: 9.4 to 17.1 seconds
Body style: Hatchback
Cargo volume: 301 to 391 L, 979 to 1,069 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 4,050 mm L x 1,798 mm W x 1,440 mm H
Number of doors: 5

Pros: “Upmarket interior, good ride, fuel economy”

Cons: “Not a huge revolution in terms of styling, few standout features”

The 2019 Clio. (Photo by Fabrice COFFRINI / AFP)
 

Hyundai Bayon – from €15,890

Acceleration 0-100 km/h: 10.4 to 13.5 seconds
Body style: Sport Utility Vehicle
Cargo volume: 411 L, 1,205 L with seat area
Engine cylinder configuration: Straight engine
Dimensions: 4,180 mm L x 1,775 mm W x 1,500 mm H
Number of doors: 5

Pros: “Comfy ride. All the space, tech and features you’d expect for a crossover”

Cons: “And all of the tedium too. Weird digital clutch takes some finesse”

An older version of the Hyundai Bayon. Photo: Alexander Migl/Wiki

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.
For members

TAXES

How foreigners in Spain’s capital can pay less tax with the new Mbappé Law

The regional government of Madrid is finalising the approval of the so-called Mbappé Law, a very favourable new personal income tax regime for foreigners who settle and invest in the Spanish capital.

How foreigners in Spain's capital can pay less tax with the new Mbappé Law

Similar to Spain’s Beckham Law, introduced in 2005, this piece of legislation is named after a famous footballer who will be the first to benefit from lower tax rates, as will other foreigners in Madrid.

Kylian Mbappé is a French footballer who currently plays for Paris Saint-Germain, but looks set to sign for Real Madrid this summer.

The objective of the right-wing Madrid government of Isabel Díaz Ayuso is to attract more foreign investment to the region with beneficial fiscal rates.

READ ALSO – Beckham Law: What foreigners need to know about Spain’s special tax regime

Unlike the Beckham though, the Mbappé Law is only designed to benefit foreigners who move to the region of Madrid, it’s not open to those who want to move elsewhere in Spain.

Also unlike the Beckham law, foreigners will only be able to reap the rewards of the Mbappé Law if they invest money into the region. This could be in the form of investments in companies or in vehicles, but it cannot include investments in property.

Specifically, applicants will be able to deduct 20 percent of all the money they invest in the Madrid region.

The law applies to regional personal income tax, which accounts for approximately half of entire tax payments in Spain, since the other part corresponds to the State’s collection.

Normally, a foreigner like Mbappé will be taxed in the highest income bracket, as they will earn well over €300,000 gross per year.

When the law is finally approved however, Mbappé could avoid paying the regional income tax entirely, in the event that 20 percent of his Madrid investments represent the same amount that he would have had to pay in taxes on his salary.

READ ALSO: Why you should move to this region in Spain if you want to pay less tax

How will the Mbappé Law work?

For example, if Mbappé earned €40 million gross (not his actual salary), he would normally be charged €18 million in personal income tax.

Of this, 24.5 percent would correspond to the state tax, and this would have to be paid as normal. This means the state would collect €9.8 million from him in tax.

The change happens with the rest of the tax – the regional tranche. If he doesn’t make any investments, which now seems unlikely, he would have to pay €8.2 million in tax to Madrid.

If on the other hand the French superstar invested €40 million in Spanish companies or state bonds – he could deduct €8 million, which represents 20 percent of that amount.

This would mean that Mbappé’s tax rate would remain at 24.5 percent, a marginal rate that is slightly higher than the personal income tax for a worker who earns €20,000 and receives around €1,300 net per month.

As a percentage, of course, the amounts in Mbappé’s case are going to be huge. So, instead of paying €18 million in total, he would only pay €9.8 million.

Overall, this legislation signals that Madrid will become even more attractive to foreign investors.

By contrast, those who move to Catalonia will have to pay 25.50 percent in regional income tax, which added to the 24.5 percent of the state tax would increase personal income tax by half. So as a Real Madrid player Mbappé would earn €30.2 million, but if he signed for Barça he would pocket €20 million.

What’s the catch?

There are a few caveats to the new law, which primarily depend on how long you stay in Madrid. The new regulations establish that you have to stay and live in Madrid for a total of six years. If you leave before those six years are up, then you will be forced to return part of the tax savings you made.

What does this mean for Madrid?

The regional government of Madrid estimates that 30,000 foreign investors could choose to move to the region specifically in order to benefit from the new law and that it will cost the public coffers €60 million per year.

The idea is that Madrid will continue to attract foreign investment. Madrid’s leader Isabel Díaz Ayuso recently claimed that: “Two out of every three euros that arrive in Spain as an investment from abroad do so in projects that are developed within the Community of Madrid. In the last decade, the flow of investments has doubled”.

Madrid already has some of the best tax incentives in Spain. Residents pay less tax on their income, assets, inheritance and property transactions and conditions are beneficial to high-income earners in particular.

Financial experts agree that Madrid is among, if not the top region, with the most lenient tax system in the country, and when the Mbappé law comes into force, the region will benefit from even more incentives.

SHOW COMMENTS