Tuesday, April 16, 2024

What Is The Cheapest New Car To Buy

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Should You Buy The Cheapest Car

Heres Why This Kia is the Best Cheap New Car to Buy

While considering getting a new car, you must ensure that your chosen ride offers great value. Though owning one could stay cheaper than your desired budget, costs like gas prices, recurring service costs, and repairs may burn a hole in your pocket. Therefore, before making a final decision on a car, its always wise to perform some serious research on the brand and model youre interested in to avoid getting hit with big bills.

The Cheapest New Cars On Sale In 2022

Looking for a motoring bargain? We list the cheapest new cars on sale right now but are they any good?

With inflation beginning to bite, were all looking for a bargain wherever we can find it and its no different when it comes to searching for a new set of wheels. So weve pulled together a comprehensive list of the cheapest new cars on sale in 2022.

Global supply shortages have made new cars more expensive across the board in recent months. But, while the consumer outlook is rather gloomy at the moment, there are still some great value-for-money options on sale that can get you from A to B and beyond without breaking the bank.

Whether you are on the lookout for a brand-new affordable city car, family hatchback, high-riding SUV or a seven-seater people carrier, this definitive guide presents the cheapest new cars you can find on the market in the UK right now. Unsurprisingly, almost all of these vehicles are classed as either small cars or small SUVs, with just one larger vehicle in the medium SUV category.

We also compare the car price with how the cars rank on our award-winning Expert Rating Index, which currently tracks and ranks 37 small cars from 21 different car manufacturers, and 49 small SUVs from 28 different manufacturers. These may be the cheapest new cars on sale, but are they actually any good? Well, the results are mixed

Chevrolet Spark: Cheapest Price

With an MSRP of $14,595 including destination, the 2022 Spark remains the cheapest car you can buy in the United States. Sadly, that only gets you an entry-level model with a manual transmission. Configured with a CVT transmission, the MSRP increases to $15,695 before factoring in any dealer discounts or incentives.

When the Chevy Sonic was discontinued, the jump in price to the next car in the lineup increased significantly. For reference, 2022 Malibu pricing starts at $24,395, a difference of $9,800 compared to the cheapest Spark. Alternatively, you may want to consider a 2022 Chevrolet Trax crossover, which starts at $22,595.

This spring, inventory data indicated that the Chevy Spark was virtually sold-out, so you may want to consider one of the affordable cars below if you’re focused on a model with the lowest price. As we reported previously, the Chevy Spark will be discontinued this summer and production is due to end soon.

Explore Used Chevy Spark Listings

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Cheapest New Cars For 2022

The cheapest new car sold in the U.S. is nearly $13,000 cheaper than the average price of a used car.

Last summer, the average price for a new car hit $40,000. By December, that number had inflated to a bank-account-rattling $47,077. A perfect storm of supply shortages and pandemic-related disruptions left the industry reeling and sent prices soaring. With fewer cars to sell and no shortage of people wanting to buy them, dealerships stopped offering discounts and instead slapped on fat “market adjustment” fees or markups taller than a Ram 1500 TRX. Everything from the Nissan Frontier pickup to the Porsche Macan felt similar effects as their MSRP base prices saw a significant increase. And the 10 cheapest cars sold here are no longer within the sub-$20K bracket.

Making things worse, that segment has suffered a few recent casualties as well. Affordable favorites like the Honda Fit, Ford Fiesta, Toyota Yaris, and Chevrolet Sonic all ended production. We pour out a tiny plastic cup for them. And then refill it out of frugality, because you gotta save where you can. Although these rides might not have everything you want, they’ve all got what you needand for a price many people can afford. And if you’re looking for something a little bigger, check out our list of the cheapest new trucks.

What Are The 10 Cheapest New Cars On The Market Today

5 Cheapest Cars In Singapore That You Can Buy In 2020

Cars.com compiled a list of the 10 cheapest cars currently on the market. Cars.com distinguishes that every car on this list is automatic, technically making this a list of the cheapest automatic new cars. Being that this is America, that distinction is barely necessary.

10. 2022 Hyundai Elantra SE: $20,875

As you can see, only five of these economy models clock in under $20,000. That is a tough pill to swallow for those of us who remember the buy one, get one free Kias.

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Not Looking To Splash The Cash And In Need Of A New Car Bargain Then Look No Further As We List The Cheapest Cars On Sale In The Uk Right Now

Once, not too long ago, if you were looking to buy one of the cheapest cars in the UK, there was an underlying sense of you get what you pay for. These cars may have looked like a great deal but the cost-cutting was obvious, to say the least. However, times have changed, and you can now look at these motoring bargains using both your head and heart.

Sadly, as with many things, the cost of buying a new car has increased over time. The cheapest new cars today begin at around the £11,500 mark, so if youve got a tighter budget than this, you may be better off looking for a used car.

Of course, if your negotiation skills are top-tier you may be able to haggle this price down further. What you should remember, though, is that cars in this price bracket should come with a different set of expectations. Theyll get you from A to B for sure, but will they be as economical, practical, or well-built as something that costs a few grand more? Theres no guarantee.

So, weve gauged the enduring appeal of the cheap car, now lets get down to business. What are the cheapest new cars currently on sale in the UK?

Cheapest New Cars In Australia

As new-car prices rise with more safety and convenience features, there are still affordable options available for buyers in all segments, as the End of Financial Year period approaches.

Growing vehicle dimensions and lists of comfort, safety and connectivity features have seen new-car prices rise over the last five years exacerbated by COVID-19, which put pressure on the cost and availability of parts, and price of shipping.

While the list of truly affordable cars on sale in Australia is shrinking with each new price rise, there are still a handful of options under $20,000, with more available under $25,000 and $30,000 across multiple market segments.

The days of the $15,000 drive-away new car are behind us, but it’s still possible to get into a new automatic car for under $20,000 drive-away albeit with compromises in safety or size and a fuel-sipping hybrid for around $30,000.

Note: All prices listed in this story are before on-road costs, unless otherwise stated. Where drive-away prices are listed, if a manufacturer does not quote a nationwide price, a metro Sydney postcode has been used to calculate government charges.

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What Do You Get For That Money

The Preferred hybrid is tastefully attired with many standard features that are often optional a full suite of driver assistance aids being key. The rest of it includes everything from heated seats and steering wheel to an eight-inch infotainment screen that supports Apple CarPlay and Android Auto.

What Is The Cheapest Electric Car In The World

What Is The Cheapest New Car In the USA in 2022?

In this age, where electric vehicles are gaining traction and governments worldwide are pushing stricter emissions rules, EVs could be the best option for you. In addition, EVs are no longer small, low-range, and expensive, and many affordable options exist. So, if youre one of those nature-conscious beings trying to cut your carbon footprint daily on a tight budget, these are some options you could consider.

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Seat Arona From 20730

The high-riding SUV sibling of the popular Ibiza hatchback, the SEAT Arona offers the on-board tech and driving dynamics of more expensive Volkswagen Group models at a sizable discount. Reviewers conclude that the Arona has a polished interior and a fun driving experience, but a few of them concede that there are more spacious small SUVs on the market.

On sale since 2017, the SEAT Arona currently holds a very good Expert Rating of 74%, just edging its sister from Skoda, the Kamiq. It also has an excellent five-star safety rating from Euro NCAP.

Best Affordable New Cars For 2022

Just because a car’s cheap doesn’t mean it’s a pile of parts. Read on for our best picks.

Andrew Krok

Reviews Editor / Cars

Cars are Andrew’s jam, as is strawberry. After spending years as a regular ol’ car fanatic, he started working his way through the echelons of the automotive industry, starting out as social-media director of a small European-focused garage outside of Chicago. From there, he moved to the editorial side, penning several written features in Total 911 Magazine before becoming a full-time auto writer, first for a local Chicago outlet and then for CNET Cars.

Believe it or not, affordable cars do still exist. You can find a lot for your money in these cheap cars on our list, and what’s better than saving money in this new car market? Sticking to a budget is smart. With your budget in mind, we rounded up cars we think fit the bill for affordable new car shoppers.

Not only are these some of our favorite new cars on sale, they’re darn good affordable cars at that. Read on for our picks.

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Nissan Versa: Best Value

The latest version of the Nissan Versa has an MSRP of $16,055 with destination and remains the brand’s cheapest car. The downside is that the Versa with the lowest price comes with a manual transmission. If you prefer the optional CVT configuration, the cost of the entry-level Versa S sedan increases to $17,725.

At that point, the cost of the Versa is just over $2,000 more expensive than the Spark. However, the Versa does have a major advantage by offering standard automatic emergency braking , lane-departure warning, and 10 airbags, even on the cheapest trim. This could make the Versa a better overall value.

Looking to lease? You may want to step up to the Nissan Sentra. That’s because the Versa tends to lack the same level of incentives and can often end up costing a similar amount to lease. The Sentra has historically offered lower interest rates as well, with some deals involving 0% APR financing for up to 60 months.

Cheapest Brand New Cars

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2023 Buick Encore GXSUV Preferred
2022 Ram 1500 ClassicTruck Express
2022 Toyota Corolla CrossSUV LE
2023 Mitsubishi Eclipse CrossSUV LE S-AWC
2022 Buick Encore GXSUV Select
2022 Nissan Rogue SportSUV SV
2023 Hyundai Santa CruzTruck SEL
2022 Mazda MX-5 MiataConvertible Club Manual
2022 GMC Savana CargoVan 2500 SWB
2022 Ram ProMaster City WagonMinivan Base
2022 Ram ProMaster City Cargo Van Tradesman
Local Deal

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Most Affordable Pickup Truck

At $27,750, the Ford Maverick front-drive hybrid is the most affordable pickup sold in Canada. If you want all-wheel-drive, it means ditching the hybrid powertrain and going with the 2.0L turbo-four. This adds $1,600 and increases the annual fuel cost from $1,260 to $1,920. Maverick is also different in that it rides on unibody rather than the body-on-frame format favoured by the Ranger and F 150. However, it still delivers decent tow ratings the hybrid is rated at 907-kg the 2.0L engine bumps that to 1,814-kg.

Kia Picanto From 12250

The title of Britains cheapest new car frequently changes hands, but for now it belongs to the pint-sized Kia Picanto. Now in its third generation, this award-winning city car has received a rather mixed bag of review scores since its 2017 praised for its interior quality and driving dynamics, but criticised for its low three-star Euro NCAP crash safety rating.

Kias smallest model currently holds a very good Expert Rating of 74%, and comes with a seven-year warranty from the manufacturer.

  • Expert Rating ranking: 11th of 37
  • Fuel consumption: 59 mpg
  • Road Tax: £165 per year
  • Warranty: Seven years or 100,000 miles

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G: Time To Take It Home

Maintenance

Now that you own your vehicle, the its important to know how to maintain it. Nearly every new car manufacturer provides a comprehensive maintenance for the first few years, or kilometres, depending on what comes first. For Example, Cadillac vehicles offer a 4 year warranty, 80,000 km warranty, with the first 6 oil changes free. After 3 years, if youve managed to drive 80,000 km, you will be responsible for all maintenance and repairs out of pocket after the period. Make sure to have your consultant show you the service adviser and introduce you to the service adviser. Knowing how to service a car is equally if not more important than knowing how to buy a car! Your service adviser can offer the specific coverage and recommended service visits for your new vehicle. It varies by brand. The owners manual is also a helpful start to learn what timeline your new vehicle should be serviced on. Generally, your manufacturer will reach out to bring you in when you are due for service, based on estimated KM, or on-board computers. TIP: Learn how to add windshield fluid, where to check your tire pressure, and where the cars battery is located before hand so youll be more prepared if any roadside issue arises.

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Higher Quality Parts

Certified Labour

Toyota Land Cruiser Review: Doing Everything Well Doesnt Come Cheap

10 Best Cheapest New Cars You Can Buy Right Now On 2022 !

The 2022 Toyota Land Cruiser 300 Series is neither cheap to buy nor run, but the badge lets everyone know youre willing to pay for it.

What can one say about the 2022 Toyota Land Cruiser? Its a vehicle that serves dual purposes. Its a part-time off-roader and a full-time school-run status symbol. Its also the darling of the Australian highways, tugging boats and caravans for miles in quiet dignity.

Last year, Toyota delivered the brand-new 300 Series to market to relieve its much-adored predecessor after 13 years in production. While the 200 Series didnt catch on in the United States, it remained in high demand in markets like Australia and the Middle East right up until its demise. It boasted an agreeable ride and great towing capability while remaining a highly capable off-road platform despite its creature comforts. The 200 Series is a hard act to follow, with the diehard fanbase already decrying the new models lack of a V8 engine.

Lewin Day

For the 300 Series, Toyota had to do the same again, but better. The Land Cruiser needed to move with the times without compromising on what made the model so beloved to begin with. Does the new kid on the block measure up? Thats what I intended to find out.

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Top 100 Cheapest New Cars

For those of you who want the dependability and warranty a new car can provide, but need something super affordable, I’ve compiled the top 100 most affordable new cars available right now, broken down by trim level.

If you intend to keep your new vehicle for a long time , than one of these options may make sense for you. However, if you like to trade cars often, or want a lot of bang for your buck, you should be considering a 3-5 year old used car instead.

Unlike other sources, I sort my list by Average Selling Price, not MSRP, because this is more accurate, plus it factors in the different discounts or premiums you will pay for different models. Most other sources list these vehicles incorrectly because they focus on MSRP, not REAL prices you can expect to pay.

Also note that the cheapest cars are generally those with Manual transmissions. Most people don’t want these, and they’re usually hard to find in stock anyway. I highlighted the ones with Manual transmission in red color.

The good news is these deals should all be readily available on TrueCar No Haggle and CarsDirect

The Best Affordable Hybrid Car

“The Honda Accord is like a blue-chip stock: always a smart buy,” writes our own Craig Cole in his review of the 2021 Honda Accord Hybrid. And it’s true — the Accord remains one of our perennial favorite vehicles, blending comfort, efficiency and driving dynamics in equal doses. You might think that adding a hybrid-electric powertrain would involve a compromise somewhere along the line, but nope, it’s still really darn good.

With 212 net hp and 232 net lb-ft on offer, the 2021 Honda Accord Hybrid is plenty peppy in real-world use, but stay light on the accelerator and you’ll reach the EPA-estimated fuel economy of 44 miles per gallon city, 41 mpg highway and 43 mpg combined. The battery hangs out behind the rear seats, so it doesn’t mess with interior volume, nor does it impugn on trunk space, which bests both the Toyota Camry Hybrid and Hyundai Sonata Hybrid. An 8-inch touchscreen is standard across the range, too, offering Apple CarPlay and Android Auto, the former of which is available wirelessly on EX trims and above.

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