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Top 50 Cheapest New Cars

September 5, 2019

For those of you who want the dependability and warranty a new car provides, but need something affordable, I've compiled the top 50 most affordable new cars available right now.

If you intend to keep your new vehicle for a long time (like more than 5 years), 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 most other sources, I sort my list by Average Selling Price, not MSRP, because this is more accurate and factors in the different discounts offered by different models. Most other sources list the Nissan Versa as cheapest because it has the lowest MSRP, but in reality, the 2019 Chevrolet Spark is actually the cheapest after you factor in expected discounts off MSRP.

The good news is these deals should all be readily available on TrueCar .

Biggest Current Discounts (by % of MSRP)

Rank Vehicle Avg MSRP Avg Discount Avg Sale Price
1 2019 Chevrolet Spark $16,720 $2,818 $14,026
2 2020 Chevrolet Spark $16,720 $614 $14,480
3 2019 Mitsubishi Mirage $16,834 $2,184 $14,822
4 2019 Ford Fiesta $17,876 $3,139 $15,697
5 2019 Nissan Versa $16,513 $906 $15,855
6 2019 Toyota Yaris $18,015 $1,545 $16,078
7 2019 Kia Rio $16,948 $1,884 $16,194
8 2019 Hyundai Accent $17,784 $1,963 $16,196
9 2020 Hyundai Accent $18,015 $1,166 $17,343
10 2019 Honda Fit $19,473 $630 $17,977
11 2019 Kia Forte $20,515 $2,126 $18,064
12 2019 Chevrolet Sonic $19,715 $2,642 $18,341
13 2019 Hyundai Kona $30,052 $1,743 $18,427
14 2018 FIAT 500 $22,788 $2,413 $18,630
15 2020 Hyundai Elantra $22,113 $2,388 $19,167
16 2019 Nissan Kicks $21,032 $1,843 $19,278
17 2019 FIAT 500 $22,847 $1,925 $19,814
18 2018 Ford Fiesta $17,997 $223 $20,117
19 2019 Chevrolet Trax $25,778 $5,266 $20,142
20 2018 FIAT 500X $25,219 $5,267 $20,206
21 2019 FIAT 500L $24,965 $5,069 $20,259
22 2018 Jeep Renegade $24,607 $4,437 $20,364
23 2020 Kia Soul $22,292 $1,781 $20,553
24 2018 FIAT 500L $23,983 $3,994 $20,609
25 2019 Ford EcoSport $25,442 $5,294 $20,949
26 2019 Mitsubishi Outlander Sport $25,031 $4,165 $21,032
27 2018 Mitsubishi Eclipse Cross $26,370 $5,626 $21,146
28 2019 Kia Soul $25,672 $2,202 $21,271
29 2019 MINI Hardtop $26,750 $1,767 $21,365
30 2020 Chevrolet Trax $25,778 $913 $21,404
31 2019 smart EQ fortwo $27,396 $4,610 $21,649
32 2019 Toyota Corolla Hatchback $23,145 $2,195 $21,789
33 2019 Jeep Compass $27,903 $3,911 $21,815
34 2020 Toyota Corolla $23,405 $2,305 $21,953
35 2019 Mitsubishi Eclipse Cross $26,726 $3,837 $22,099
36 2018 Toyota Prius c $23,400 $1,632 $22,126
37 2019 Subaru Impreza $22,829 $1,473 $22,173
38 2019 Chevrolet Cruze $23,608 $3,019 $22,197
39 2018 Mazda Mazda3 $22,322 $754 $22,210
40 2019 Nissan Sentra $22,648 $3,017 $22,285
41 2019 Hyundai Elantra $22,166 $2,990 $22,306
42 2019 Jeep Renegade $26,436 $4,176 $22,341
43 2019 Toyota C-HR $24,628 $2,007 $22,465
44 2020 Hyundai Veloster $24,523 $1,481 $22,568
45 2018 Honda Civic $24,260 $1,434 $22,637
46 2018 Chevrolet Cruze $23,538 $2,133 $22,639
47 2018 Mitsubishi Outlander $29,913 $4,748 $22,706
48 2019 Nissan Rogue Sport $26,567 $4,178 $22,758
49 2019 Ford Transit Connect Van $26,868 $3,779 $22,994
50 2019 Honda Civic $24,960 $1,707 $23,082
See TrueCar Deals in Your Local Area

My Recommendation for Car Shoppers

TrueCar and Edmunds 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.
- Gregg Fidan

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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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