cheapie; cheapy noun something cheap, or that is made available at a cheaper cost UK,1898
I like to have two types of bubbles to hand at Christmas: a cheapie for Buck’s fizz and impromptu parties and a decent Champagne to drink as an aperitif before lunch. — Guardian, 9 December 2001
[Android, 1982] is a cheapie out of the Roger Corman production factory[.] — Guardian, 9 April 2003