The 2021 Rio is one of the cheapest vehicles that you could buy this year, with a starting price of around $18,000. For 2021 The rio gets a minor updated to give it a fresh look with new bumpers , new headlights and some minor updates expected for the interior. the rio has a surprisingly good driving experience and quality. However it also comes with some cons like the underpowered 1.6 Liter engine that makes only 123 Horsepower.