What is the Cheapest New Car You Can Buy?
When it comes to buying a new car, one of the biggest considerations for many people is cost. After all, not everyone has a big budget to play with. If you’re in the market for a new car but don’t want to break the bank, you might be wondering: what is the cheapest new car you can buy?
In this blog post, we’ll take a closer look at the cheapest new cars you can buy today. We’ll explore the pros and cons of these budget-friendly rides, and offer tips on how to make the most of your limited car-buying budget. Whether you’re a student, young professional, or anyone else on a tight budget, this post is for you.
The Top 5 Cheapest New Cars
Here are the top 5 cheapest new cars you can buy in the market today.
1. 2021 Mitsubishi Mirage
Starting at just $14,295, the 2021 Mitsubishi Mirage is one of the most affordable new cars on the market. It boasts impressive fuel economy, with an EPA-estimated 36 mpg in the city and 43 mpg on the highway. However, the Mirage’s small size and underpowered engine means it’s not the most comfortable car for long trips.
2. 2021 Chevrolet Spark
The 2021 Chevrolet Spark is another budget-friendly option, with a starting price of $13,400. It’s small, efficient, and easy to park, making it well-suited for city living. It has a tight turning radius that makes it easy to maneuver crowded streets but it may not be the most comfortable on long trips.
3. 2021 Nissan Versa
The 2021 Nissan Versa starts at $14,930 but it packs in several features that make it an all-around great deal. It boasts a spacious interior, with plenty of legroom for passengers. And with its ample trunk space, it is a perfect car for families. This car’s tech also gets a significant boost, from its standard seven-inch touchscreen infotainment system as well as drivers assist features.
4. 2021 Hyundai Accent
The 2021 Hyundai Accent starts at $15,395. It offers a great balance of performance and efficiency with its 120-hp four-cylinder engine rated for 31 mpg city and 41 mpg highway. The accent has a good ride and offers a spacious cabin for its class.
5. 2021 Kia Rio
The 2021 Kia Rio starts at $16,050. It is well equipped compared to other cars in its range and offers a strong warranty as well. With its intuitive infotainment tech, it provides an intuitive connection to your device while on the ride.
Tips for Buying a Cheap Car
When shopping for a cheap car, it’s important to keep a few tips in mind to ensure that you get the most out of your limited budget.
1. Research your Options: Do your research and ask for the best deals as there are always promotions, discounts and offers available.
2. Look for Financing Options: Look for financing options that offer low-interest rates or keep exploring payment plans to avoid direct cash payments.
3. Consider Purchase of Used Cars: A used car may offer more value for the price, with the recent surge in certified used cars. Make sure you do proper inspections before purchasing.
4. Look for Fuel-Efficient Cars: A fuel-efficient car will save you money in the long run, so look for models that get good gas mileage.
In conclusion, buying a new car on a tight budget is possible, but it requires careful thought and consideration. The good news is that there are plenty of budget-friendly cars on the market today, each with their own unique features and strengths. Keep in mind the tips on how to maximize your budget as you consider your options.