Is It Okay To Use Cheap Wine When Making Sangria? - Tasting Table
Briefly

"Of course! The only rule is to use a wine that you would feel comfortable drinking as a glass alone. That bottle could be any price point."
"The sweet spot for me is flavor profile. There are plenty of delicious quality wines under $15 and plenty of wines that aren't as delicious over $40."
"In the wine world there are no rights and wrongs, only preference. For sangria, I would go with my tried and true red or white bottle I drink casually."
Read at Tasting Table
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