6 Best Cars for Less Than $20,000
Are you looking to buy a brand new car but don't want to spend a ton of money? The average new car costs around $33,000, but not everyone has that type of budget.
To help you get started in your search, AutoBlog recently published a list of the 6 best new cars under $20,000. Although the MSRP on a couple of these starts over $20,000, the average negotiated prices can be had for less than $20,000.
Vehicles on the list include the 2018 Honda Fit and 2018 Kia Soul.
If you're currently in the market for a new (but inexpensive vehicle), I recommend you use TrueCar No Haggleand RydeShopper to see the best prices in your local area.
Best New Cars Under $20,000
|2018 Honda Fit||$16,190 - $20,520|
|2018 Kia Soul||$16,100 - $22,800|
|2018 Subaru Impreza||$18,495 - $24,695|
|2018 Mazda Mazda3||$18,095 - $23,895|
|2018 Chevrolet Malibu||$21,680 - $30,975|
|2017 Nissan Rogue Sport||$21,420 - $26,070|
3 Steps Every Car Buyer Needs to Take to Save Maximum MoneyThe key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:
Step 1 Get Prices From My Trusted NetworkSelect the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Step 2 Get Prices From TrueCar / CarsDirectTrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.
Step 3 Complete my ChecklistFollow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid