Cheapest New Cars You Can Buy in 2024

2023 mitsubishi mirage
Cheapest New Cars You Can Buy in 2024Mitsubishi

The average price for a new passenger vehicle sold in the U.S. is nearly $50,000. But there are still a handful of genuinely cheap new cars on sale today that check most of the same boxes. You won't be getting the most comfortable, tech-filled cars in the world for under $20,000, but you will be getting reliable, warranty-backed transportation you can count on.

2023 Toyota Corolla

Price: $22,795

Toyota is known for its elite reliability, which alone makes the Corolla a standout on this list. Toyota's smallest car is also a hoot to drive, with a nice interior, handsome looks, and an available stick shift. Need more space? It's also available as a hatchback for $24,250.


Check out our full review

2024 toyota corolla

2023 Volkswagen Jetta

Price: $21,750

The Volkswagen Jetta is the only German car on this list, so if you're looking for a more premium vibe, this is the budget sedan for you. It's also one of the most comfortable, fuel-efficient cars in its segment, which is pretty good considering it gets a turbocharged engine as standard.

Check out our review of the high-performance GLI

2023 volkswagen jetta

2023 Hyundai Elantra

Price: $22,065

While it might not be much of a looker, we love the Hyundai Elantra for its quality driving characteristics, nice cabin, and 10-year powertrain warranty. If you have an extra 10 grand to spare, we highly recommend upgrading to the sporty Elantra N.

Here's why the Elantra N is such a bargain

2023 hyundai elantra

2023 Nissan Kicks

Price: $21,775

The Nissan Kicks is one of just two crossovers on this list, representing the very entry-level SUV in the Japanese automaker's lineup. No, it's not exactly luxurious, but there's plenty of space in the cabin and lots of fuel efficiency to go around.

We prefer its predecessor, the Juke

2024 nissan kicks

2023 Kia Soul

Price: $21,215

Certainly the funkiest and most interesting car on this list, the Kia Soul has carved out a niche for itself as a quirky, affordable mode of transportation. The latest model doesn't come with a stick, but it's still plenty spacious inside.

2023 kia soul

2023 Nissan Sentra

Price: $21,145

The Versa isn't the only Nissan sedan on this list. There's also the slightly bigger Sentra. You can't get a manual paired to the 149-hp engine, but there's lots of standard tech considering its price.

We miss the SE-R performance variant

2023 nissan sentra

2023 Hyundai Venue

Price: $20,985

Unique looks and a healthy powertrain warranty aren't the only good things the Hyundai Venue has going for it. It's also plenty spacious and packed with driver assistance features.

2023 hyundai venue

2023 Kia Forte

Price: $20,815

The new Kia Forte is the best-looking $20,000 car on the market right now. Pair the stylish design with the healthy fuel efficiency and available six-speed manual transmission, and you have a true winner on your hands.

2023 kia forte sedan

2023 Kia Rio

Price: $17,875

The Kia Rio comes standard with wireless Apple CarPlay and Android Auto, which alone should make it a compelling choice for budget-minded buyers. Of course, with a starting price under $18,000, don't expect a lot of performance from the Kia Rio's 120-hp four-cylinder and standard continuously variable automatic transmission.

It even comes in hatchback form

2023 kia rio

2023 Mitsubishi Mirage

Price: $17,450

The Mitsubishi Mirage has somehow stood the test of time to become one of the last sub-$20,000 vehicles in America. With, refreshed looks, a tiny footprint, and an available stick shift, it's more appealing than ever.

Read our full road test right here

2024 mitsubishi mirage

2023 Nissan Versa

Price: $16,925

The Nissan Versa holds the title for cheapest new car in America, with a 122-hp inline-four connected to a five-speed manual as standard—just how we like it. The cabin is pretty spartan, but at least there's air conditioning and a radio. You don't need much else, do you?

The Versa is also surprisingly good at holding its value

2023 nissan versa

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