Are you in the market for a cheap car and your want to learn what is the cheapest car in the world? If that is the case, then you are at the right place, because in this guide, we’ll look at the cheapest car in the world. Moreover, we’ll even look at which states have the cheapest cars, what’s the cheapest reliable car, and what’s the cheapest new car in the US.
- What Makes A Cheap Car?
- Why Get Cheap Cars?
- Cheapest Cars In The World
- Cheap Chinese Cars
- Cheapest State To Buy A Car
- Cheapest Reliable Car
- Cheapest (New) Car In The US
- Cheapest Car With Best Gas Mileage
- Cheapest Place To Buy A Car
- Cheapest Car To Maintain
- Final Conclusion
- Frequently Asked Questions (FAQs)
Aside from that, we’ll then look at what’s the cheapest car with good MPG, the best sites to buy cheap cars, as well as the cheapest cars to maintain. Getting a proper deal could save you thousands of dollars. While we might be used to how the car market works here in the US, it’s interesting to see how things are done differently across the world.
What Is A Cheap Car?
A cheap car simply is a car that is built from cheap materials and the amount of engineering that went into this product is also on the cheap side as well. But this shouldn’t mean that these cars are terrible by any means.
It could only mean that to reach the target MSRP, they, the company, had to make some exceptions and cut some corners here and there. These are usually some items that are considered to be items for the bourgeoisie as would the French say.
For example, no soft-touch materials anywhere in the car, only hard plastic that will hurt your arm when you touch it. Basic seats that are not comfortable by any means. As well as they fall apart after 50,000 miles because of the cheap material that went into building them.
And this doesn’t just end here, it moves into the engine bay where some expenses were cut as well, namely choosing an engine that is underpowered for that chassis and doesn’t deliver a good performance at all.
Not to mention the build quality of the vehicle, doors shut like the car was made in 1968 instead of 2021. Most of these things are unacceptable by today’s standards. But some companies are still using these tactics to bring the price down and have some marginal profit from the vehicle.
So, that is the cheapest car in the world explained in simple words. A big definition. But it will be quite handy for you if you are in the market for a car and you go and see a vehicle that meets these requirements that we mentioned above. But should you get one? Let’s see in the next chapter.
Why Get One Of The Cheapest Cars In The World?
Getting a cheap car will be the perfect thing for you if you want to get something really affordable that car takes you anywhere on the cheap.
These cars are not only cheap when it comes to purchasing them, but they are also quite cheap when it comes to getting gas. They come equipped with small-displacement engines that are not that thirsty for gas. So, they deliver a good fuel economy. More precisely, you will probably get somewhere around 30 mpg to 40 mpg on average with most of these cars.
Just be aware to get the smallest engine that you can get which is a SOHC design. This design with a single overhead camshaft is known to save a ton of money on fuel. That’s why if you want to save money, this is your best bet. Even though SOHC engines are pretty rare in 2021. There are still some hidden gems out there.
Another aspect why you should get the cheapest car in the world is because these cars are quite cheap to maintain as well. Maintaining them would be a breeze. They have small engines and everything is perfectly placed in reach.
These cheap cars are the dream of every mechanic who wants to get his work done. And it is done pretty fast. Instead of clocking dozens of hours, most of the work can be done in 2 to 3 hours max. Even engine replacement is a breeze in these cars. The engine will just pop out in a half an hour.
Only an experienced mechanic and you will not have to worry about anything. That’s why the cheapest car in the world gets my recommendation. But what are the cheapest cars in the world? Let’s see in the following chapters.
Cheapest Car In The World
Now let’s get to business and start discussing the cheapest car in the world. Which are the cheapest cars out there? In the following chapters, we are going to cover all of the models that are out there and can be considered as cheap.
First, we will start with the most expensive ones and then we will narrow our list to the cheapest one that you can get. So, buckle up because it is going to be a long list.
Cheapest Car In The World #1: Mitsubishi Mirage
The first car that we are going to cover in our cheapest car in the world list is the Mitsubishi Mirage. The Mirage is the cheapest offering by Mitsubishi at the moment and it only costs about $15,000 overall. Making one of the cheapest car in the world as well.
The Mitsubishi Mirage is a subcompact car that comes in two variants. A hatchback and a sedan. It is very small and almost claustrophobic, to be honest. Also, many people have bashed the Mirage for its build quality. But this model sells pretty well in the Asian market. Even though, it is also available in the US as well.
The US model comes with a 1.2L three-cylinder engine that makes 77hp and a CVT automatic transmission. Which is plenty to offer you a comfortable and smooth ride on the highway. When it comes to safety, the Mirage offers average safety.
Since it is so small, even if it comes equipped with all the safety features, it will still not be able to deliver safety like the bigger cars that are out there. It also sells quite well and averages about 20,000 units sold in the US per year. Which is not that bad considering that this model is so small. People still love to buy the Mirage.
Cheapest Car In The World #2: Smart ForTwo
The Smart ForTwo is another car that makes upon our cheapest car in the world list. This small car is one of the longest-produced cars in its class since the ’90s and is still selling strong across the world. Perfect car if you don’t want to spend a lot of money on a vehicle. On average, this Smart costs only about $14,500. Which is a quite good deal, to be honest.
What is good with this model is that you can get a gas-powered Smart, as well as electric-powered Smart.
Also, this car doesn’t try to cut corners like the Mirage but it only offers what is available for that price. And that is a two-seater option that comes with everything available inside. Good option if you want to go for something really well equipped. The safety that it offers is also quite good for its size.
Unfortunately, the sales kept on declining in the US, and the production for the US model was stopped in 2019. But you can still find a Smart ForTwo on the second-hand market where this car is still quite popular.
Cheapest Car In The World #3: Hyundai Accent
The Hyundai Accent is another car that made it on our cheapest car in the world list. This car is sold around the world and also in the US market as well. This means that you can purchase it right away for around $17,500 for the base model that is offered.
Even though the Accent is quite cheap, it delivers quite a bit for what you are paying. Maybe you will not get the best equipment. But still, there is a lot to it. The Accent comes equipped with a 1.6L engine as a standard and is equipped with a CVT transmission.
The safety of this model is also quite good and on par with the more expensive cars out there on the market. The fuel economy is also excellent and the Accent can hit around 41 mpg on the highway. Which is insane for a car of this size.
Overall, the Hyundai Accent offers one of the best value for your money on the market right now. And is really unfortunate if you don’t shortlist your car on the possible options when purchasing a vehicle.
Cheapest Car In The World #4: Toyota Yaris
When we make the cheapest car in the world list we can not talk about the Toyota Yaris. The Yaris is the most affordable offering by Toyota at the moment and the Yaris definitely delivers quite a lot for what you pay for.
In this car there are no cutting corners, every inch has a purpose and that is to deliver the best performance in a small form factor like nothing else out there on the streets. That’s why we decided to list the Yaris.
The base model of the Yaris which is the sedan, comes at a very low price, more precisely at $16,660. Which is an insane value for what you pay.
With this Yaris, you get a 1.5L straight-4 engine that outputs 106 horsepower. This engine is paired with a 6-speed manual transmission that will guarantee that you get the best mpg on the highway. And you can bet that it is good. This Yaris gets 39 mpg on the highway and 30 mpg in the city with 34 mpg combined.
When it comes to safety, the Yaris does not disappoint at all and delivers a good performance. Overall the Yaris is an excellent car that is worth every penny. It might be not the cheapest car in the world but it is one of the cheapest and best values out there.
Cheapest Car In The World #5: Kia Soul
The Kia Soul is another good deal for those who want to get something well-designed. The Soul has a boxy shape that perfectly describes its character. You either love it or hate it. The Soul is one of the best sellers when it comes to the subcompact crossover market. It sells well in the US with about 100,000 units sold each year.
Because it is such a good value for money, we have decided to include it on the cheapest car in the world list. The starting price is about $20,000. And this Kia delivers quite a lot for that amount of money.
That’s why the fuel economy is excellent with 33 mpg on the highway, 28 mpg in the city, and 30 mpg combined makes the Kia Soul a really good performer.
The safety in the Kia Soul is also quite good, gaining good grades on most of the IIHS tests. Overall, the Kia Soul is an excellent value for your money. You get a small SUV for such a low price of only $20,000.
Cheapest Car In The World #6: Nissan Versa
When we are talking about the cheapest car in the world, we cannot avoid talking about the Nissan Versa. The Nissan Versa is the budget option if you want to get yourself a Nissan. It comes in the same class as the Hyundai Accent and the Yaris that we discussed above. And it quite delivers for what you pay for.
It starts at $15,990 and it is one of the cheapest car in the world by far. I think Nissan out of all manufacturers manages to get the lowest price out of the bunch.
The Versa comes equipped with a 1.6 straight-4 engine that produces 122hp and this will be enough to make you feel comfortable. It is also equipped with a 5-speed manual transmission. If you want to get the automatic, you will have to pay a bit more.
The fuel mileage is also excellent and the Versa delivers 35 mpg on the highway and 27 mpg in the city with a combined fuel economy of 30 mpg.
The safety is quite good on the Versa and delivers average performance. It is not as capable as bigger cars are. But in this segment, it is quite good.
Overall, the Versa is a good deal and will give you a good driving experience. The best advice is to go for an automatic transmission. It might cost a bit more. But it is worth it in my opinion.
Cheapest Car In The World #7: Chevrolet Spark
Another cheapest car in the world is the Chevy Spark. The Chevy Spark is one of the best sellers in this segment and a clear way to go if you want to get a cheap car for yourself. It was introduced almost 10 years ago and still is one of the best options out there on the market when it comes to being one of the cheapest car in the world.
The Chevy Spark starts low as $14,499 and this makes it one of the best deals out there right now when it comes to good value for your money. If you have a limited budget, it is a no-brainer to get the Spark, to be honest.
The base model comes equipped with a naturally aspirated straight-4 engine that has 1.4L in displacement. It produces a 98hp which for the Chevy Spark is plenty. It also comes equipped with a manual transmission with 5 gears. If you want to go for an automatic you will have to pay a little extra.
The fuel economy is also quite good. The Spark gets 38 mpg on the highway, 29 mpg in the city, and 33 mpg combined, which makes the Spark one of the top performers in our cheapest car in the world list.
Overall, the Chevy Spark is one of the best deals out there when it comes to cheap cars and steals a lot of sales from competitors in this segment worldwide.
Cheapest Car In The World #8: Dacia Logan
When it comes to rock bottom prices the Dacia Logan is one of the best cars out there right now. But unfortunately, this model is not imported into the US. Dacia is a Romanian car manufacturer that is owned by Renault. And the cars they build are completely spartan and extremely basic.
But when it comes to pricing, they are the kings in the market. The base price in the UK starts at 8,500 pounds, which is $11,227. The Logan is quite a performer when it comes to practicality and usability. If you need a workhorse but in a car form, then this might be the deal for you.
The base model comes with a 1.0L petrol engine that is producing 60 hp, which is quite small, to be honest. But you can get a 1.6L engine in the more expensive models. The standard transmission is a 5-speed manual, but you can also get the Logan with a 5-speed automatic or a CVT.
But the cheapness also makes a good number when it comes to sales. The Logan sells pretty well. Overall, good car if you don’t mind the cheap interior.
Cheapest Car In The World #9: Hyundai I10
Another car on our cheapest car in the world list is the Hyundai i10. This cute little Hyundai is one of Hyundai’s bestsellers in the Asian and European markets. Unfortunately, it is not sold in the US. The base price in the UK comes at 13,000 pounds.
The i10 is equipped with a 1.0L straight-3 engine that is producing 66hp. The i10 is paired with a 5-speed manual or a 5-speed automated manual. It only weighs 2,000 lbs making it one of the lightest cars on our list.
But what is bad when it comes to the i10 is its safety score. Which is not particularly good, to be honest. It only got 3 stars on the Euro NCAP tests.
Overall, the i10 is a good car, it’s quite popular in the Asian and European markets as we mentioned. Still, if you are concerned about safety, this isn’t the deal for you.
Cheapest Car In The World #10: Tata Nano
The Tata Nano is probably the cheapest car ever to be produced in our history. It was produced up until 2018. This car basically has the tiniest wheels ever put on a road vehicle. It is ridiculed by many because of its design and looks in general. But the price is what this car makes. It was sold new for about $3,500. Making it one of the best out there when it came to price.
The idea with this car was that Tata Motors wanted to sell this car to the scooter drivers. They hoped that this product would make them switch to a 4-wheeled vehicle. And here the Nano shined.
It was equipped with a 624cc straight-2 engine that produced 38hp and came equipped with a 4-speed manual transmission.
When it comes to safety, we let you judge it by yourself. Because it is not safe by any means. Overall, for that price point, the Nano was a good product. But in general, maybe the better option would have been to go after a second-hand car than a Nano.
Cheap Chinese Cars
These cars, with their affordability and functionality, present a unique opportunity to enter the automotive market without breaking the bank. Whether you need a pickup, an SUV, or a small city car, these Chinese-made vehicles provide an economical solution. If you thought the aforementioned cars were cheap, it’s about to get even cheaper…
Cheapest Car In The World, China-Made Cars #1: Tantu
With a striking resemblance to the 2024 redesigned Toyota Tacoma, the Tantu, an electric pickup truck, is surprisingly affordable at just $2,800. It boasts a 4,000W electric motor powered by a 72V 100Ah battery, delivering a top speed of 31 mph and a range of 75 miles.
The truck, weighing only 1,433 lbs, can carry up to 4,400 lbs. Tantu also offers a unique controller allowing users to adjust the speed to high, middle, and low ranges.
Cheapest Car In The World, China-Made Cars #2: Hongsheng Pickup
For those seeking the feel of a real pickup truck, the Hongsheng Pickup is a viable choice. Although advertised as “solar,” it is primarily battery-powered. Inside, it offers an LCD screen, multimedia player, and a surprisingly realistic faux-leather finish.
It even mimics Ford with a volume knob acting as a shifter. The battery offers a warranty for over 60,000 miles, making this vehicle quite a bargain.
Cheapest Car In The World, China-Made Cars #3: The Changli Mini Solar
Changli, known for its affordable vehicles, doesn’t disappoint with its Mini model. It bears a striking resemblance to a Mini Cooper despite being almost two feet shorter. It boasts two large functional screens, one of which is a 9″ touch screen. The Mini also includes a manual air conditioner and uses a Lithium battery.
Cheapest Car In The World, China-Made Cars #4: Changli PK-002
The Changli PK-002, cheaper than the Mini, comes with many appealing features including touchscreen infotainment, working AC, leather seats, and off-road lights. This cheap, fully enclosed pickup has a hydraulic bed lift, making it a valuable choice for those on a tight budget.
Cheapest Car In The World, China-Made Cars #5: R&Z SUV
For just under $2,000, the R&Z SUV closely mimics the appearance of a Ford F-150 or a Ford Focus. This four-seater, with four doors and roll-down windows, comes with a push-to-start system, offering more than you would expect for its price.
Cheapest Car In The World, China-Made Cars #6: Changli 003
The Changli 003 stands out from other cheap cars due to its all-wheel-drive feature. Although the AWD results in a lower top speed of 21 mph, the vehicle offers a clean, modern interior, making it a comfortable choice for winter driving.
Cheapest Car In The World, China-Made Cars #7: QK Pickup
Instead of an electric motor, the QK Pickup employs a one-cylinder 25-horsepower diesel engine. This machine comes with a 4WD and a hydraulic truck bed, a steal considering its incredibly low price.
Cheapest Car In The World, China-Made Cars #8: MH S3
The MH S3, priced at $1,811, features a normal-looking interior with decent trim, four doors, electric windows, and an adjustable front seat. This vehicle even boasts disk brakes on all four wheels, and for a modest price, you can upgrade the battery for increased speed.
Cheapest Car In The World, China-Made Cars #9: Haibao Qiao Hu
Although not much to write about, the Haibao Qiao Hu offers touchscreen infotainment, a backup camera, and several color options at just $1,669. At this price, it’s an affordable solution for short commutes.
Cheapest Car In The World, China-Made Cars #10: Minghong S1-PRO
Considered among the cheapest, the Minghong S1-PRO offers a basic package with minimum options for just $1,265. It’s a practical choice for those looking for a basic, no-frills vehicle for daily use.
Cheapest State To Buy A Car
When it comes to buying a new car, the price you pay isn’t just about the make and model. Surprisingly, the state in which you make your purchase can significantly impact the final cost. Let’s delve into some of the most affordable states to buy a car in the US.
1. An Economical Choice: New Hampshire
First on the list is New Hampshire, a prime location for affordable car purchases due to its lack of state sales tax and low registration fees. There are no additional fees when you buy a used vehicle in New Hampshire, allowing you to keep more money in your pocket.
Even if you live in a neighboring state like Vermont or Maine, purchasing a car in New Hampshire could prove advantageous.
2. Avoiding Initial Fees: Florida
Florida comes next, offering some relief from the often hefty initial car buying fees. Despite having slightly higher-than-average sales tax and registration fees, Florida is a cost-effective state to purchase a car. Plus, many used cars in Florida have not been subjected to the damaging effects of snow or icy conditions, potentially extending their lifespan.
3. Stability Amidst Unexpected Fees: Oregon
Navigating unexpected fees can be a tricky part of car buying, but Oregon offers some stability. Oregon has a cap on processing fees, preventing them from skyrocketing during your purchase. States like Alaska and New Hampshire follow suit with reasonable processing fees, making them noteworthy alternatives.
4. The All-Rounder States
If the states above don’t meet your needs, consider North Carolina, Missouri, Ohio, or Wisconsin.
In North Carolina, you’ll find low title, registration fees, and a car sales tax of only 3%. There are numerous metropolitan areas for vehicle maintenance, contributing to cost savings in the long run.
Missouri shines with cheap gas prices and insurance costs, and some of the lowest transportation, title, and registration fees in the nation.
With a population nearing 12 million, Ohio offers a wide new and used car market. Added benefits include low gas, maintenance fees, and insurance premiums.
Finally, Wisconsin stands out for low insurance premiums, gas prices, and maintenance fees, making it an affordable state for car ownership.
5. Tax-Free Havens
Several states, including Alaska, Delaware, Montana, New Hampshire, and Oregon, do not charge car sales tax, potentially saving you thousands over the course of your auto loan.
6. Cheapest States for Auto Insurance
When considering overall car ownership costs, don’t overlook auto insurance. The state with the lowest average premium is Maine, followed closely by Ohio, Idaho, and Vermont.
The cost of your insurance premium can be influenced by numerous factors, including your state of residence, your car’s make and model, and the legal auto insurance requirements in your state.
7. Crossing State Lines for Your Next Car?
With car prices on the rise, it might be tempting to look across state lines for a better deal. But before you commit, take into consideration the potential costs of transportation, out-of-state registration fees, and any necessary local inspections or emissions tests. In some cases, the savings may not be worth the hassle.
In conclusion, when planning to buy a car, remember to consider not only the vehicle’s make and model but also the state in which you’ll make your purchase. This could result in substantial savings and ensure you get the best bang for your buck. So, plan wisely and hit the road in style without breaking the bank.
Cheapest Reliable Car
Getting your hands on an inexpensive, yet reliable, car can be a game changer. These options from top-tier automakers ensure that you don’t have to trade off reliability when sticking to your budget. Let’s dive into a curated list of the best budget-friendly cars that deliver unwavering dependability.
Affordability and reliability are not mutually exclusive when it comes to cars. These models prove that you can find a vehicle that fits your budget without compromising on performance, safety, and dependability. The right car is out there; it just takes a little research to find it.
1. 2020 Kia Forte
The 2020 Kia Forte is the ideal embodiment of value for money. With its major redesign in 2019, the 2020 model stands out for its compact size, contemporary look, and impressive quality. Its 2.0-liter engine offers decent performance, and safety features such as automatic emergency braking and lane-keeping assist come standard.
The Forte’s perfect blend of affordability and reliability makes it a strong contender on our list.
2. 2018 Hyundai Elantra
The 2018 Hyundai Elantra is a testament to Hyundai’s commitment to quality and affordability. Its wide range of engine options, coupled with luxury features like heated leather seats and adaptive cruise control, place it high on the value spectrum. Plus, Hyundai’s impressive certified pre-owned program ensures you’re covered with an extensive warranty.
3. 2019 Honda Fit
The 2019 Honda Fit is another strong candidate, offering affordability alongside Honda’s known reliability. Its versatility, thanks to Honda’s “Magic Seat,” makes it an ideal choice for those needing a flexible cargo-handling vehicle. Plus, the Fit’s efficient fuel economy contributes to lower running costs.
4. 2019 Kia Soul
The 2019 Kia Soul blurs the line between a hatchback and an SUV. Its unique design, combined with multiple trim options and a sizeable cargo capacity, makes it a favored choice among urban and suburban drivers. With its budget-friendly price, the Soul stands as a testament that you don’t have to splurge for quality.
5. 2020 Chevrolet Sonic
The 2020 Chevrolet Sonic offers performance and dependability at a budget-friendly price. Its award for “Most Dependable Small Car” by JD Power affirms its high reliability. With various trims available, the Sonic ensures you don’t have to compromise on style for affordability.
6. 2020 Nissan Kicks
The 2020 Nissan Kicks strikes a balance between a hatchback and an SUV, providing value and versatility. Its spacious interior and reasonable cargo space make it a favorite among economical buyers. Its top trim level boasts premium features, such as the eight-speaker Bose sound system.
7. 2019 Ford Fiesta
The 2019 Ford Fiesta brings together affordability and sporty fun. Its subcompact model offers engine options to cater to your power needs, and its SYNC 3 system ensures you have a tech-savvy ride. The Fiesta’s starting price when new was extremely competitive, making it even more affordable now as a used vehicle.
8. 2020 Subaru Impreza
The 2020 Subaru Impreza stands out with its all-wheel drive in the compact car class. Its engine performance, safety features, and competitive pricing make it an excellent choice for buyers looking for an affordable yet reliable car.
9. 2019 Toyota Corolla
The Toyota Corolla has a long-standing reputation for reliability. The 2019 model continues this legacy with its robust engine and tech upgrades. Whether new or used, any Corolla is a smart investment when looking for a quality, affordable car.
10. 2020 Volkswagen Jetta
The 2020 Volkswagen Jetta offers a blend of German engineering and affordability. Its turbocharged engine provides decent power, and its interior and tech package exudes a premium feel. With a generous factory warranty, a pre-owned 2019 Jetta can be a bargain for reliability and style.
Cheapest Car In The US
As the cost of living rises, finding a brand-new, affordable car becomes increasingly difficult. Thankfully, many car manufacturers continue to offer reasonable options for those on a budget. Here, we delve into the details of the most economical cars in the USA for 2023.
18. Compact and Economical – Toyota Corolla Hatchback ($24,100)
Despite being the priciest car on our list, the Toyota Corolla Hatchback provides great value. It features a 2.0-liter engine that delivers 169 horsepower and an 8.0-inch touchscreen. You also get the added benefit of the Toyota Safety Sense 3.0 suite, ensuring top-tier safety on the road.
17. Value-Packed Truck – Ford Maverick ($23,690)
The Ford Maverick redefines the word “affordable.” This truck features a hybrid 2.5-liter engine with 191 horsepower, while also boasting an impressive fuel efficiency of up to 37 miles per gallon.
16. Sporty and Economical – Mazda3 ($23,615)
The Mazda3 sedan is not only affordable but offers plenty of power with its 2.5-liter engine and 191 horsepower. With an 8.8-inch screen and compatibility with Apple CarPlay and Android Auto, this car beautifully marries functionality and affordability.
15. Compact SUV – Chevrolet Trailblazer ($23,395)
Chevrolet’s smallest SUV, the Trailblazer, features standard equipment such as an 8.0-inch touchscreen and 17-inch wheels. At just under $24,000, it’s a great choice for budget-conscious SUV enthusiasts.
14. Spacious and Affordable – Hyundai Kona ($23,285)
The 2023 Hyundai Kona is a compact crossover offering an excellent deal with a 2.0-liter engine delivering 147 horsepower. The base model also includes eight-way power-adjustable seats for comfortable driving.
13. Classic Compact – Toyota Corolla ($22,645)
The Toyota Corolla continues to be an affordable, reliable choice, offering a 169-horsepower four-cylinder engine and an 8.0-inch touchscreen display. Coupled with the Toyota Safety Sense 3.0, this car is a great value for its price.
12. Value for Money – Volkswagen Jetta ($21,760)
The Volkswagen Jetta is a solid, compact car. It comes standard with an 8.0-inch digital instrument cluster, automatic emergency braking, and LED headlights and taillights, offering great value for money.
11. Budget-friendly SUV – Nissan Kicks ($21,585)
The Nissan Kicks, one of the most affordable SUVs in the country, offers a fresh 8.0-inch touchscreen display with standard Apple CarPlay and Android Auto connectivity.
10. Affordable Elegance – Hyundai Elantra ($21,545)
The Hyundai Elantra is an affordable car that doesn’t skimp on features. It offers an impressive fuel efficiency of 37 miles per gallon and includes wireless Apple CarPlay and Android Auto, along with an 8.0-inch touchscreen display.
9. Five-Door Affordability – Subaru Impreza 5-Door ($21,315)
The Subaru Impreza 5-Door offers affordability and all-wheel drive at no extra cost. This five-door hatchback is a great choice for those looking for extra cargo space without breaking the bank.
8. Personality on a Budget – Kia Soul ($21,215)
With a redesigned look for 2023, the Kia Soul adds safety tech features like lane-keep assist, driver-attention warning, and high-beam assist to its already value-packed proposition.
7. Affordable Compact – Kia Forte ($20,815)
The Kia Forte offers a 2.0-liter engine with 147 horsepower, an 8.0-inch touchscreen display, and up to 34 miles per gallon combined, all for an incredible price.
6. Most Affordable SUV – Hyundai Venue ($20,795)
The Hyundai Venue, the cheapest SUV in the US, offers automatic emergency braking, an 8.0-inch touchscreen, and a 121-horsepower engine with up to 31 miles per gallon combined.
5. Functional Hatchback – Kia Rio 5-Door ($18,815)
The Kia Rio 5-Door hatchback offers basic but essential features, making it one of the most affordable hatchbacks in the US.
4. Basic Convenience – Mitsubishi Mirage G4 ($18,290)
The Mitsubishi Mirage G4 offers very basic features, including cloth seats and a modest three-cylinder engine. However, its low price tag makes it a strong contender for those seeking a basic four-door vehicle.
3. Entry-Level Subcompact – Kia Rio ($17,875)
The Kia Rio sedan offers air conditioning and a four-cylinder engine with 120 horsepower, all for under $18,000.
2. Budget Hatchback – Mitsubishi Mirage ($17,290)
Once the most affordable car in the US, the Mitsubishi Mirage still offers significant value. It comes with a three-cylinder engine with 78 horsepower, making it the most affordable hatchback in the country.
1. Best Bargain – Nissan Versa ($16,755)
The Nissan Versa takes the crown for the most affordable car in the US in 2023. For just $16,755, it includes front and rear automatic emergency braking, high-beam headlight assist, and an impressive 30 miles per gallon.
In conclusion, while the average cost of a new car may seem daunting, these affordable models show that owning a new car doesn’t have to break the bank.
Cheapest Car With Best Gas Mileage
Finding an affordable car that offers great fuel economy can be a challenging task. Here, we’ve compiled a list of some of the most cost-effective cars available in the US for 2023 that will also help you save at the pump.
10. 2023 Honda Civic – $24,650
The 2023 Honda Civic is a prime example of value for money. At a starting price of $24,650, this car gives you an upscale design, good gas mileage (35 mpg), and great crash-test scores. While the base model isn’t the fastest, its 158-horsepower engine is capable, and higher-performance versions offer even sharper handling.
This car delivers a comfortable ride and provides roomy seats, along with easy-to-use tech features. Its available hatchback body style offers great cargo space.
9. 2023 Hyundai Elantra Hybrid – $24,550
The 2023 Hyundai Elantra Hybrid starts at $24,550 and boasts a fuel economy of 54 mpg. Its large interior and a long list of standard features, including wireless Apple CarPlay and Android Auto, make it an appealing option for tech-savvy drivers. While its interior isn’t as luxurious as some of its competitors, the Elantra Hybrid outdoes them in terms of fuel efficiency.
8. 2023 Toyota Corolla Hybrid – $22,800
Priced at $22,800, the 2023 Toyota Corolla Hybrid offers excellent fuel efficiency at 52 mpg. Despite being smaller than average, this compact sedan boasts a strong reliability record, good crash-test scores, and a comfortable ride. It also comes with a suite of advanced driver-assist systems (ADAS) and up-to-date tech features, including optional all-wheel drive (AWD) – a rarity in this category.
7. 2023 Ford Maverick – $22,595
As the only truck on this list, the 2023 Ford Maverick offers decent fuel economy for its category at 37 mpg and a starting price of $22,595. Despite its basic base model, the Maverick offers an attractive, modern interior, a capable hybrid powertrain, and a straightforward infotainment system.
6. 2023 Toyota Corolla – $21,550
Priced slightly lower than its hybrid counterpart at $21,550, the 2023 Toyota Corolla offers a respectable 35 mpg. This car has built a reputation for reliability, and it earns terrific crash-test scores. Despite its size, the hatchback version provides good cargo space.
5. 2023 Volkswagen Jetta – $20,655
The 2023 Volkswagen Jetta, starting at $20,655, provides a roomy cabin and simple design. While its 158-horsepower engine isn’t the most powerful, it is competent for daily driving. The Jetta features good crash-test scores, and its touchscreen system is intuitive and easy to use.
4. 2023 Hyundai Elantra – $20,500
With a price tag of $20,500, the 2023 Hyundai Elantra offers excellent value with a fuel economy of 37 mpg. While its bold styling may not be for everyone, it comes with a long list of standard features, an easy-to-use touchscreen, and a large interior.
3. 2023 Kia Rio – $16,750
The 2023 Kia Rio, priced at $16,750, provides good build quality and a great warranty. Its fuel economy stands at 36 mpg, and its 120-horsepower 4-cylinder engine matches the Nissan Versa’s power while returning better fuel economy.
2. 2023 Mitsubishi Mirage – $16,245
The 2023 Mitsubishi Mirage stands out for its fuel efficiency, with a whopping 39 mpg. Despite its price tag of $16,245, the Mirage offers a great warranty and a relatively spacious interior. However, its 78-horsepower engine is the weakest among its rivals.
1. 2023 Nissan Versa – $15,730
The 2023 Nissan Versa is the most affordable car on this list, with a starting price of $15,730 and a fuel economy of 35 mpg. Despite its low price, the Versa offers good build quality and decent crash-test scores. However, its rear seat can feel a bit cramped.
These affordable and fuel-efficient cars provide great options for anyone looking to save money both at the dealership and at the gas station. Despite their low price tags, these cars offer a range of features that enhance safety, comfort, and driving experience.
Cheapest Place To Buy A Car
If you’re looking to shop for affordable cars here in the US, here are some of the best sites and marketplaces to browse through…
Consider starting your car shopping journey with Cars.com. This platform offers a vast range of car listings, both new and used. It also gives you access to numerous consumer reviews, enhancing your buying decision with previous buyers’ experiences. Additionally, the website is simple to navigate, and the filters let you refine your search based on make, model, year, and price range.
Carvana is reinventing the traditional car-buying process. No longer do you need to spend a day at the dealership; with Carvana, the entire process—from browsing to financing—is done online. The real highlight?
Their delivery service. Once you’ve purchased a car, Carvana can deliver it straight to your doorstep. They even have car vending machines in certain cities for pick-up. All their cars come with a seven-day return policy, so you can be sure it’s the right car for you.
For a more hands-on approach, check out Craigslist. It’s a great platform to buy from private owners, which often allows for negotiation on price. However, remember that this route requires you to assess the car’s condition yourself or with the help of a mechanic. While it might seem riskier, some great deals can be found with careful examination and due diligence.
AutoTempest is essentially a search engine for cars. It collects listings from multiple websites, including Cars.com, eBay Motors, and more, and brings them all to you. This can save you the time and effort of having to visit multiple websites separately. You can filter results by make, model, year, mileage, and price to narrow down your search.
Autotrader stands out for its sheer volume of listings. With millions of cars from dealers and private sellers, you’re likely to find the perfect fit for your needs and budget. Autotrader also provides helpful information and tools, such as car history reports and pricing analysis, assisting you in making an informed decision.
If value is your primary concern, CarGurus is a smart choice. This platform sorts listings based on market value and dealer reputation rather than ad fees. Each listing also provides data like the car’s price history and time on the market, so you get a comprehensive overview before purchasing.
With CarMax, the shopping experience doesn’t end at your computer screen. Once you find a car you like, CarMax offers a 24-hour test drive, so you can be sure of your choice. Plus, they offer a 30-day return policy, further giving you peace of mind in your purchase.
The site CarsDirect is an automotive marketplace that prides itself on selection, objectivity, and price. It provides inside information on special financial incentives and real-time pricing of the car you’re interested in.
9. eBay Motors
For something a little different, try eBay Motors. Much like the main site, eBay Motors allows you to bid on cars in an auction format. To protect buyers, eBay offers an anti-fraud vehicle purchase protection plan.
10. Enterprise Car Sales
Rental car company Enterprise also sells its used cars through Enterprise Car Sales. They offer no-haggle pricing and a seven-day buyback period, as well as a limited powertrain warranty.
11. Facebook Marketplace
Facebook Marketplace is another good platform for buying cars directly from owners. Be sure to inspect the car in person or have an expert do it, and always stay aware of potential scams.
Last but not least, TrueCar provides upfront, discounted pricing on used cars. The website boasts an extensive network of certified dealerships, making it easy to find a car near you.
Each of these websites offers a unique car shopping experience, allowing you to find the perfect vehicle at a price you’re comfortable with. Start searching today and drive home your dream car tomorrow.
Cheapest Car To Maintain
Here are some of the cheapest cars to maintain and service…
1. Tesla Model 3
Delving into the world of cheap-to-maintain cars, it’s worth mentioning the electric Tesla Model 3 at the forefront. This compact electric vehicle has established a name for itself with its unbeatable 10-year maintenance cost of $3,587. This rate beats the industry average among luxury models by $8,734, making it a smart option for budget-conscious buyers.
In addition to saving on fuel costs, Tesla Model 3 owners experience the lowest chances of needing a major repair, tied for the lowest at 8.64%. With minimal required maintenance and low annual upkeep costs starting at $169, the Model 3 is an undeniable winner in cost-effectiveness.
2. Toyota Prius
When discussing frugality, the Toyota Prius is impossible to overlook. This hybrid vehicle is the champion of fuel efficiency, offering up to 58/53 city/highway mpg in its Eco trim. But the economic advantages don’t stop at the fuel pump; the Prius is a budget-conscious pick with a 10-year maintenance cost of $4,008 and an 11.22% chance of requiring a significant repair.
3. Toyota Corolla
The Toyota Corolla, a staple of practicality, offers a 10-year maintenance cost of $4,087. The Corolla starts with a minimal annual cost, the cheapest of all models for the first six years, making it an economical choice right off the bat. This car may lack flashiness, but it compensates with reliability and a modest 11.89% chance of needing a major repair.
4. Toyota Prius Prime
The plug-in hybrid variant of the Toyota Prius, the Prius Prime, showcases an exciting blend of gasoline and electric vehicle benefits. With a 10-year maintenance cost of $4,098 and a chance of needing a major repair at 11.22%, the Prius Prime offers both cost-saving and eco-friendly attributes.
5. Toyota Camry
The Toyota Camry, another midsize offering from Toyota, is recognized for its dependable long-term operation and low running costs. The Camry’s 10-year maintenance cost stands at $4,203, with an 11.89% probability of needing a significant repair.
6. Toyota Avalon
For those seeking a roomy ride without compromising on maintenance costs, the Toyota Avalon is a strong contender. This larger sibling to the Camry sports a 10-year maintenance cost of $4,407 and an 11.89% chance of requiring a significant repair, affirming Toyota’s reputation for reliability.
7. Tesla Model S
The Tesla Model S, the brand’s flagship, comes with a relatively low 10-year maintenance cost of $4,566. The electric marvel impresses with its minimal maintenance requirements and has a tied-for-lowest 8.64% chance of needing a major repair.
8. Tesla Model Y
The Tesla Model Y, although lacking the flamboyance of the Model X’s gullwing doors, stands out for its commendable efficiency and affordable upkeep. The Model Y has a 10-year maintenance cost of $4,732 and an 11.68% probability of needing a significant repair.
9. Mitsubishi Mirage
The Mitsubishi Mirage, a subcompact car, is the epitome of basic transportation. Despite its simplicity, the Mirage boasts an affordable 10-year maintenance cost of $4,939, though it does have a higher chance of needing a major repair at 15.09%.
10. Toyota Supra
The Toyota Supra sports coupe brings sporty allure without breaking the bank. With a 10-year maintenance cost of $4,950 and a 12.57% chance of needing a major repair, this stylish vehicle is a budget-friendly thrill-seeker’s dream.
11. Honda Civic
Known for its unwavering reliability, the Honda Civic’s 10-year maintenance costs are pegged at $5,245. Available in both sedan and hatchback models, its annual costs are an affordable $183 to $504 in the first five years, but rise to reach $977 by year 10.
The likelihood of needing a major repair for the Civic stands at 15.57%, making it a solid choice for those who value long-lasting performance.
12. Mitsubishi Mirage G4
The Mitsubishi Mirage G4, the sedan counterpart to the Mirage hatchback, comes in next with a 10-year maintenance cost of $5,254. Its annual costs remain within an affordable range of $400 or less for the first five years, and its probability of needing a significant repair is about 16.00%. This makes the Mirage G4 a good fit if you prefer a traditional trunk to a hatch.
13. Nissan Versa
The Nissan Versa offers a strong value proposition with a 10-year maintenance cost of $5,331. This subcompact sedan is an appealing choice for those on a budget, providing standard features such as automatic emergency braking on all models.
Annual charges start at $173 in the first year, but it crosses the $1,000 mark in a decade. The chances of needing a major repair are about 16.43%.
The compact Mazda3, now with standard all-wheel drive for extra safety over slippery roads, is a joy to drive year-round. Its 10-year maintenance cost is $5,409, with nominal annual increases expected until year seven. The likelihood of needing a major repair is approximately 16.22%, making the Mazda3 a prudent choice for those who desire sporty driving in all conditions.
15. Honda Accord
The midsize Honda Accord, still a strong seller despite the shift towards SUVs, comes in at a 10-year maintenance cost of $5,412. The Accord is roomy, comfortable, and powered by efficient four-cylinder engines that ensure reliable operation.
Fairly steady annual increases in costs are expected, with a noticeable hike starting in year seven. The chance of needing a major repair for the Accord is about 15.7%.
16. Toyota C-HR
Toyota’s subcompact C-HR SUV has a distinctive exterior design that might not be for everyone, but its 10-year maintenance cost of $5,425 is likely to appeal to all. As it’s strictly a front-wheel-drive model with no all-wheel-drive option, its costs are around $700 over the first three years. The likelihood of needing a major repair for the C-HR is approximately 16.08%.
17. Nissan Sentra
The compact Nissan Sentra may not be the most exhilarating ride on the road, but it’s efficient and reasonably comfortable. Its 10-year maintenance cost is $5,441, with annual expenses running from under $200 to over $1,000 in the first decade. The chance of requiring a major repair is around 16.43%, positioning the Sentra as a reliable small car choice.
18. Lexus ES 350
The Lexus ES 350 is the most affordable to maintain among non-electric luxury cars, with a 10-year maintenance cost of $5,488. While it may not provide the driving thrill of some European imports, it ensures a smooth ride in a comfortable cabin.
Maintenance and repair charges for the first five years are the most affordable, but expect a steep climb thereafter. The chance of needing a major repair is approximately 15.13%.
19. Toyota RAV4
The Toyota RAV4, a popular compact crossover SUV, has a 10-year maintenance cost of $5,531. Its costs are most affordable through the warranty period, then rise gradually through years four to six. With a 16.08% chance of needing a major repair, the RAV4 excels in most areas – style, comfort, performance, fuel economy, and reliability.
20. Nissan Altima
Rounding out our list is the Nissan Altima, a midsize sedan with a 10-year maintenance cost of $5,561. Its comfortable cabin features the automaker’s zero-gravity seats and offers a semi-autonomous driving system.
Costs rise most in year seven and later, winding up over $1,000 in year 10. The likelihood of needing a major repair stands at 16.43%. The Altima provides a decent performance, making it a strong consideration for those seeking a midsize vehicle.
Cheapest Cars in the World Facts
- Purchasing a car is an expensive affair, making affordability a key factor when looking to buy a new car.
- The Tata Nano was the cheapest car in the world until it was discontinued, but it is still popular in the used car market in India.
- The Chevrolet Spark is the cheapest car in the world, coming with a 1.4L engine that produces 98 horsepower, Apple CarPlay, and Android Auto.
- The Mitsubishi Mirage is perfect for gas-conscious buyers who want a five-seater car with cargo space.
- The Nissan Versa is a tech-laden car that comes with a 1.6L engine that produces 122 horsepower.
- The Kia Rio is spacious and comes loaded with many features such as lane keeping and high beam assist, and pedestrian detection.
- The Hyundai Accent is equivalent to the Rio but only comes in a sedan version.
- The cheapest electric car in the world is the Fiat 500 Electric, and the Nissan Leaf is another affordable electric option.
- It’s important to consider the reliability, safety, and other costs that come with a car before deciding whether to buy the cheapest car on the market.
- Buying the cheapest car is not always the best investment, so it’s essential to balance affordability with other essential factors when buying a car.
Conclusion – Cheapest Car In The World
In this article, we have covered a lot when it comes to the cheapest car in the world. We have learned what is a cheap car, in other words, which characteristics do a car needs to have to be regarded as cheap. Then we gave our thoughts on why you should get a cheap car for yourself.
Then we listed our list of the cheapest cars in the world that you can get right now. We strongly hope that you enjoyed it.
FAQs On Cheapest Car In The World
Here are some of the most popular FAQs on the cheapest car in the world…
What Is the Cheapest Car
As of the latest information, the Tata Nano from India has held the title of the world’s cheapest car for some time now. Manufactured by Tata Motors, it was designed to be affordable and accessible for the masses. However, its low cost doesn’t mean it is readily available or suitable for all markets, particularly due to varying safety and emission standards.
What Is the Cheapest Car in the World
The Tata Nano from India is often cited as the cheapest car in the world. It was initially marketed with a price tag of just over $2,000, with the aim to provide a more safe and affordable means of transport for the general population in India.
Where to Buy Cheap Cars
You can buy cheap cars from various sources including local car dealerships, used car lots, car auctions, and online marketplaces like Craigslist or eBay. Additionally, websites such as AutoTrader and CarGurus specialize in connecting buyers with affordable used cars.
How Much Is a New Car
The cost of a new car varies greatly depending on the brand, model, and optional features. As of the latest data, the average cost of a new car in the United States is around $40,000. However, there are also cheaper models available from manufacturers like Chevrolet, Hyundai, and Kia that cost less than $20,000.
How to Get a Car for Cheap
There are several strategies to get a car for cheap. These include buying a used vehicle, opting for a less popular model, negotiating with the dealer, and buying at certain times of the year when dealerships are more eager to make sales such as at the end of the month or during the holiday season.
What State Has the Cheapest Cars
According to various studies, the state with the cheapest cars in the United States tends to be New Hampshire, due to its lack of sales tax and relatively low vehicle registration fees. However, other factors such as insurance and fuel costs also play a role, so this might not necessarily mean that it’s the cheapest state to own a car.
How to Buy a New Car for the Lowest Price
To buy a new car for the lowest price, it’s important to do thorough research, know your budget, and be prepared to negotiate. Use resources like Kelly Blue Book to understand the fair market price for the car you’re interested in. It’s also often cheaper to buy at the end of the month, quarter, or year, when dealerships may offer discounts to meet sales goals.
What Is the Cheapest Brand New Car
The title for the cheapest brand-new car often varies year by year, but it is usually a contest between compact cars from manufacturers like Chevrolet, Hyundai, or Kia. As of recent years, the Chevrolet Spark has often been cited as the cheapest brand-new car available in the U.S.
Why Are Hyundai So Cheap
Hyundai cars are often perceived as cheap because they offer good value for money. They have competitive pricing compared to other brands but still offer a comprehensive list of standard features, good fuel economy, and often come with a long warranty. This, coupled with efficient manufacturing processes, allows them to be more affordable.
What Is the Cheapest Car to Maintain
Typically, the cheapest cars to maintain are compact, non-luxury vehicles. Brands like Toyota, Honda, and Hyundai are often cited as having models that are inexpensive to maintain due to their reliability and low cost of parts.
Why Are Mitsubishi Cars So Cheap
Mitsubishi cars are often more affordable because the company uses efficient manufacturing processes and shares platforms and parts across its range, reducing costs. In addition, Mitsubishi often focuses on basic functionality over luxury, helping to keep prices low.
Are There More Doors or Tires in the World
Given that most cars have four tires and typically either two or four doors, and considering the vast number of vehicles on the road, it’s likely that there are more tires than car doors in the world. However, this doesn’t account for building doors and non-automotive tires, which could change the comparison significantly.
What Is the Cheapest Kia
The cheapest Kia model is typically the Kia Rio, a compact sedan. It’s a popular choice for budget-conscious consumers due to its affordable price point, fuel efficiency, and feature-rich interior for the price.
Is Ford Owned by China
No, Ford is not owned by China. Ford Motor Company is a U.S.-based multinational automaker with its headquarters in Dearborn, Michigan. However, like many global automakers, Ford does have significant operations and partnerships in China as part of its global business strategy.
How Much Is a New Car Starter Cost
The cost of a new car starter can vary depending on the make and model of the vehicle, but on average, you can expect to pay between $200 to $400 for a new starter. This price could go up to $500 to $700 if you include professional installation.
What Was the Very First Car Ever Made
The very first car ever made is generally credited to Karl Benz, a German inventor, who created the Benz Patent-Motorwagen in 1885. It was a three-wheeled vehicle powered by an internal combustion engine, and it marked a significant milestone in the development of automotive transport.