My vote for the best inexpensive red wine goes to Falesco Vitiano 2001 from Umbria which is available at the Wine Club in California as well as Cost Plus Imports for $7.99. Robert Parker gives it an 89 pt. rating.
The Best Inexpensive Wines Available Now
I'm always on the lookout for good wines at a fair value. Ok so maybe cheap wines that taste expensive. Anyway, are there wines that you've had recently that you would consider a terrific value for the price? I personally enjoy the merlot and chardonnay from Clos du Bois which both cost about $14 in New Hampshire. To relax with a glass of either and listen to my music (classical and jazz) does make the early evening sit pleasingly well.