July 9, 2023 | Kaddy Gibson

The Five Most Affordable New Cars

It is no surprise that vehicles have gotten more expensive over the last few years. Luckily, there are some good base models that are still below the $20,000 mark. If you're looking for a new car with automatic transmission, we’ve got you covered. Keep reading to learn about the most affordable new cars on the market.

Chevrolet Spark LS

2022 Chevrolet SparkChevrolet Press Room

The 2022 Chevrolet Spark LS is the cheapest new car on the market. With a starting price of about $15,600, the base model of this subcompact hatchback features important technology like Bluetooth audio and a Wi-Fi hotspot. The only drawbacks to the Spark are its snug backseat and small engine. But despite these critiques, the Spark is still a good all-around car, especially considering the low price tag.

Mitsubishi Mirage ES

2022 Mitsubishi MirageMitsubishi Press Room

The 2022 Mitsubishi Mirage ES is another affordable subcompact hatchback. Compared to the Spark, the Mirage has a bit more leg room in the back and slightly better fuel efficiency. The Mirage also has good handling and overall performance, though it is slower than the other cars on this list. Starting at just under $17,000, the base model comes equipped with Bluetooth technology and standard safety features like pedestrian detection and automatic emergency braking.

Kia Rio LX

2022 Kia RioKia Press Room

The 2022 Kia Rio LX has good fuel economy and overall performance. It also has tech features like an 8-inch touchscreen, rear camera, and wireless Apple CarPlay. The base model has a starting price of about $17,200 and includes safety features like electronic stability control and an anti-lock braking system. You will have to pay a fair bit more if you want blind-spot collision warning and automatic emergency braking.

Nissan Versa S

2022 Nissan VersaNissan Press Room

Few affordable cars perform as well as the 2022 Nissan Versa S, and it’s packed with useful technology. The base model of the Versa offers more safety features than any other car on this list. Starting at around $17,600, the Versa has automatic emergency braking, pedestrian detection, and lane departure warnings. It is also equipped with Bluetooth audio, automatic headlights, and push-button start.


Hyundai Accent SE

2022 Hyundai AccentHyundai Press Room

The 2022 Hyundai Accent SE has a decent amount of pep beneath the hood and good fuel efficiency. The base model has a starting price of just under $17,700, and includes features like power windows and locks, Bluetooth connectivity, and steering wheel audio controls. If you are looking for other features, such as Apple CarPlay or automatic emergency braking, you’ll have to shell out a bit more for the Accent SEL or Limited.

You don’t have to break the bank to get a new car. If you just need your ride to have reliable performance and good fuel efficiency, choose from one of these affordable options.


Sources: 1, 2