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Cheapest new cars for sale might seem like an impossible find in an era of rising costs. But believe it or not, there are still fantastic, reliable, and surprisingly well-equipped new vehicles available at an affordable price point. You don’t have to sacrifice peace of mind for affordability.
If you’re looking to avoid the potential maintenance headaches of a used car and want the full warranty that comes with a new vehicle, this list is for you. We’ve curated the top 10 cheapest new cars you can buy right now, based on starting MSRP (Manufacturer’s Suggested Retail Price).
Important Note: Prices listed are the base MSRP before destination charges, taxes, title, and optional equipment. Always check with your local dealer for the final out-the-door price.
1. 2024 Nissan Versa
- Starting MSRP: $16,130
- Key Features: The Versa isn’t just cheap; it feels like a much more expensive car. It boasts a modern interior with a standard 7-inch infotainment display, Apple CarPlay/Android Auto, and advanced safety features like automatic emergency braking—a rarity in this class.
2. 2024 Mitsubishi Mirage
- Starting MSRP: $16,695
- Key Features: The Mirage is the champion of fuel economy and affordability. With its incredibly low price and stellar EPA-estimated 36 mpg city / 43 mpg highway, it’s a practical and frugal choice for city commuting.
3. 2024 Kia Rio
- Starting MSRP: $17,075
- Key Features: The Kia Rio punches above its weight with sharp styling, a user-friendly tech interface, and Kia’s industry-leading 10-year/100,000-mile powertrain warranty. It offers tremendous long-term value.
4. 2024 Hyundai Venue
- Starting MSRP: $20,400
- Key Features: If you want the high seating position and practicality of an SUV without the high price, the Venue is your answer. It’s a stylish, subcompact SUV packed with standard tech and safety features.
5. 2024 Chevrolet Trailblazer
- Starting MSRP: $22,100
- Key Features: Another subcompact SUV that offers incredible value. The Trailblazer stands out with its bold design, spacious interior, and a peppy available three-cylinder engine.
6. 2024 Kia Soul
- Starting MSRP: $20,315
- Key Features: The funky, boxy Soul is instantly recognizable and incredibly practical. Its boxy shape translates to a shockingly spacious interior, and it comes loaded with tech and a great warranty.
7. 2024 Subaru Impreza
- Starting MSRP: $23,105
- Key Features: The Impreza is the only car in this price range that comes with standard all-wheel drive. If you live in an area with harsh weather, this is your most affordable and capable new car option.
8. 2024 Honda Civic
- Starting MSRP: $24,645
- Key Features: While at the higher end of “cheap,” the Civic deserves a mention for its unparalleled resale value, refined driving experience, and legendary reliability. It’s an investment in quality.
9. 2024 Toyota Corolla
- Starting MSRP: $22,050
- Key Features: A perennial best-seller for a reason. The Corolla is the definition of dependable. It offers a comfortable ride, excellent fuel economy, and the Toyota reputation for running forever.
10. 2024 Volkswagen Jetta
- Starting MSRP: $21,435
- Key Features: The Jetta feels European and upscale. It offers a spacious trunk, a high-quality interior, and arguably the best highway fuel economy in its class, with an EPA-estimated 48 mpg on the highway.
Final Thoughts: Value Over Just Price
Remember, the “cheapest” car isn’t always the one with the lowest sticker price. Consider the long-term value. Factors like fuel economy, standard features, warranty coverage (like Kia and Hyundai’s famous warranties), and predicted resale value (where Honda and Toyota excel) can save you thousands of dollars over the life of the vehicle.
The best car for you is the one that fits your budget while meeting your needs for space, features, and driving style. Use this list as a starting point for your new car search!
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