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Cheapest and Highest MPG Cars Available Right Now

June 30, 2011

Gas prices are still high and the economy looks like its slowing down.

Some people just want a dependable car that will get them from point A to B with minimal cost.

Here is a list of the five most cost-effective (below $14,000) and most fuel-efficient cars on the market right now.


1. 2012 Hyundai Accent

Redesigned for 2012, this subcompact delivers the best price-vs-mpg ratio in the subcompact segment.

Base MSRP Price: $12,445
Engine: 1.6-liter direct-injection inline 4-cylinder, 138 horsepower
Transmissions: 6-speed manual, 6-speed automatic with overdrive
Fuel Economy: 30 mpg city/40 mpg highway

2. 2011 Ford Fiesta

Safe, reliable, packed with great options, the Fiesta proves America is back in the game in the subcompact market.

Base MSRP Price: $13,200
Engine: 1.6-liter Duratec inline 4-cylinder, 120 horsepower
Transmissions: 5-speed manual, 6-speed automatic
Fuel Economy: 28 mpg city/37 mpg highway (SFE 29 mpg city/40 mpg highway)

3. 2011 Toyota Yaris

A great value, thanks to the reliability and polish that Toyota is famous for.

Base MSRP Price: $13,155
Engine: 1.5-liter inline 4-cylinder, 106 horsepower
Transmissions: 5-speed manual, 4-speed automatic
Fuel Economy: 29 mpg city/36 mpg highway

4. 2011 Nissan Versa

A sub-$10,000 base price makes this the cheapest of any standard production car offered in the United States.

Base MSRP Price: $9,990
Engines: 1.6-liter inline 4-cylinder, 107 horsepower/1.8-liter inline 4-cylinder, 122 horsepower
Transmissions: 6-speed manual, 4-speed automatic, CVT
Fuel Economy: 26 mpg city/34 mpg highway (1.6), 26 mpg city/31 mpg highway (1.8)

5. 2011 Chevrolet Aveo

Its last year in production, the Aveo is still a good value.

Base MSRP Price: $11,965
Engine: 1.6-liter inline 4-cylinder, 108 horsepower
Transmissions: 5-speed manual, 4-speed automatic with overdrive
Fuel Economy: 27 mpg city/35 mpg highway


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My Recommendation for Car Shoppers

TrueCar No-Haggle, Edmunds Price Promise, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.

California Residents - Important:

There is a new online car buying service called Roadster, available only to California residents, which I highly recommend you try - especially if you hate the stress of haggling with a car salesman. They provide an expert concierge who negotiates the price of the car and delivers it to your home with zero hassle - you never have to interact with a dealership. Here is my in-depth review of Roadster and why I recommend it.

- Gregg Fidan

Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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