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Top 100 Cheapest New Cars
December 29, 2022
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 (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 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
Cheapest Brand New Cars (by location)
| Rank | Vehicle | Trim | Location | MSRP | Avg Sale Price | Local Deals |
|---|---|---|---|---|---|---|
| 1 | 2022 Chevrolet Spark Hatchback | 1LT | Southeast | $17,045 | $17,567 | |
| 2 | 2022 Hyundai Accent Sedan | SE | Pacific NW | $17,740 | $18,235 | |
| 3 | 2022 Mitsubishi Mirage Hatchback | SE | Florida | $18,940 | $18,942 | |
| 4 | 2023 Kia Rio Sedan | S IVT | Florida | $18,285 | $19,016 | |
| 5 | 2023 Mitsubishi Mirage Hatchback | G4 SE | Multiregion | $19,990 | $20,196 | |
| 6 | 2022 Nissan Versa Sedan | SR | New York | $20,085 | $20,617 | |
| 7 | 2023 Kia Forte Sedan | LX IVT | Los Angeles | $20,585 | $20,988 | |
| 8 | 2022 Hyundai Venue SUV | SEL IVT | West Coast | $22,045 | $22,599 | |
| 9 | 2022 Ford Maverick Truck | XL | Pacific NW | $22,490 | $22,796 | |
| 10 | 2022 Chevrolet Trax SUV | LS | Pacific NW | $23,515 | $23,110 | |
| 11 | 2023 Hyundai Venue SUV | SEL IVT | Florida | $22,545 | $23,139 | |
| 12 | 2023 Volkswagen Jetta Sedan | Sport Manual | Florida | $23,050 | $23,165 | |
| 13 | 2023 Nissan Kicks SUV | SV | Los Angeles | $23,445 | $23,698 | |
| 14 | 2022 Nissan Sentra Sedan | SR | Chicago | $23,795 | $23,764 | |
| 15 | 2022 Chevrolet Malibu Sedan | LS - 1LS | Detroit | $24,495 | $23,991 | |
| 16 | 2021 Ford EcoSport SUV | SE | Multiregion | $25,205 | $24,235 | |
| 17 | 2022 Nissan Kicks SUV | SR | Multiregion | $23,845 | $24,416 | |
| 18 | 2023 Subaru Impreza Sedan | Premium | Southeast | $24,215 | $24,477 | |
| 19 | 2023 Toyota Corolla Hatchback | SE | New York | $24,060 | $24,589 | |
| 20 | 2022 Volkswagen Jetta Sedan | SE | Multiregion | $25,190 | $24,880 | |
| 21 | 2023 Hyundai Kona SUV | SEL | Florida | $25,095 | $25,286 | |
| 22 | 2023 Subaru Legacy Sedan | Base | Southeast | $25,415 | $25,395 | |
| 23 | 2022 Mitsubishi Outlander Sport SUV | ES 2.0 AWC | New York | $26,290 | $25,665 | |
| 24 | 2022 Toyota Corolla Sedan | LE | Multiregion | $25,145 | $25,811 | |
| 25 | 2023 Kia Soul SUV | EX IVT | Pacific NW | $25,385 | $25,923 | |
| 26 | 2023 Toyota Corolla Sedan | LE | Florida | $25,295 | $25,984 | |
| 27 | 2022 Mazda Mazda3 Sedan | Preferred | Southeast | $26,165 | $26,145 | |
| 28 | 2023 Buick Encore GX SUV | Preferred | Multiregion | $27,095 | $26,367 | |
| 29 | 2022 Chevrolet Equinox SUV | LS - 1LS | Detroit | $27,695 | $26,565 | |
| 30 | 2022 Buick Encore SUV | Preferred | Boston | $27,295 | $26,565 | |
| 31 | 2022 Toyota Corolla Sedan | XLE | Multiregion | $25,920 | $26,593 | |
| 32 | 2022 Chevrolet Bolt Hatchback | 1LT | Multiregion | $32,495 | $26,808 | |
| 33 | 2023 Chevrolet Malibu Sedan | RS | West Coast | $27,095 | $26,929 | |
| 34 | 2022 Toyota C-HR SUV | Nightshade | Washington DC | $26,380 | $27,251 | |
| 35 | 2022 Chevrolet Trailblazer SUV | LT | Chicago | $27,195 | $27,319 | |
| 36 | 2023 Chevrolet Trailblazer SUV | RS | New York | $27,395 | $27,346 | |
| 37 | 2023 Kia K5 Sedan | LXS | Multiregion | $26,185 | $27,621 | |
| 38 | 2023 Volkswagen Tiguan SUV | S | Florida | $28,245 | $27,627 | |
| 39 | 2022 Hyundai Sonata Sedan | SEL | New York | $27,345 | $27,679 | |
| 40 | 2023 Honda HR-V SUV | LX | Texas | $26,545 | $27,766 | |
| 41 | 2022 Hyundai Tucson SUV | SEL | Multiregion | $28,395 | $27,863 | |
| 42 | 2022 Honda Civic Sedan | EX | Washington DC | $26,645 | $27,937 | |
| 43 | 2022 GMC Terrain SUV | SLE | Multiregion | $29,795 | $27,956 | |
| 44 | 2022 Ford Escape SUV | S | Pacific NW | $28,680 | $28,038 | |
| 45 | 2023 Mitsubishi Outlander SUV | ES | Detroit | $28,940 | $28,421 | |
| 46 | 2022 Nissan Altima Sedan | 2.5 SR | New York | $29,395 | $28,471 | |
| 47 | 2022 Toyota Corolla Cross SUV | XLE | SF Bay | $27,910 | $28,635 | |
| 48 | 2023 Toyota Tacoma Truck | SR | Detroit | $28,585 | $28,663 | |
| 49 | 2023 Hyundai Elantra Sedan | N Line | SF Bay | $28,145 | $28,679 | |
| 50 | 2022 Ram 1500 Classic Truck | Express | Los Angeles | $32,130 | $28,954 | |
| 51 | 2023 Chevrolet Equinox SUV | LS - 1LS | West Coast | $29,595 | $28,966 | |
| 52 | 2022 Ford EcoSport SUV | SES | Pacific NW | $29,500 | $28,973 | |
| 53 | 2022 Buick Encore GX SUV | Essence | Multiregion | $30,195 | $29,083 | |
| 54 | 2022 Nissan Rogue Sport SUV | SV | New York | $29,325 | $29,096 | |
| 55 | 2023 Subaru Crosstrek SUV | 2.5i Sport | Texas | $29,220 | $29,265 | |
| 56 | 2023 Hyundai Santa Cruz Truck | SEL | Florida | $29,085 | $29,389 | |
| 57 | 2022 Volkswagen Taos SUV | SE | Florida | $30,640 | $29,567 | |
| 58 | 2023 Ford Maverick Truck | Lariat Advanced | Nationwide | $29,450 | $29,567 | |
| 59 | 2022 Nissan Rogue SUV | S | New York | $29,945 | $29,584 | |
| 60 | 2023 Volkswagen Taos SUV | SE | Texas | $30,220 | $29,586 | |
| 61 | 2022 Volkswagen Passat Sedan | Limited Edition | Nationwide | $31,570 | $29,612 | |
| 62 | 2022 Honda Accord Sedan | Washington DC | $28,815 | $29,618 | ||
| 63 | 2022 Ford Transit Connect Van | XL with Rear Symmetrical Doors SWB | Multiregion | $30,760 | $29,902 | |
| 64 | 2023 Nissan LEAF Hatchback | S | Multiregion | $29,135 | $30,115 | |
| 65 | 2023 GMC Terrain SUV | SLE | Detroit | $31,295 | $30,153 | |
| 66 | 2023 Mitsubishi Eclipse Cross SUV | SEL S-AWC | Southeast | $30,840 | $30,373 | |
| 67 | 2022 Jeep Renegade SUV | (RED) Edition | West Coast | $30,740 | $30,615 | |
| 68 | 2022 Volkswagen Tiguan SUV | SE | Texas | $31,415 | $30,694 | |
| 69 | 2023 Kia Seltos SUV | SX 1.6T | Washington DC | $29,635 | $30,706 | |
| 70 | 2023 Chevrolet Camaro Coupe | 2LT | Florida | $29,995 | $30,729 | |
| 71 | 2022 Ford Bronco Sport SUV | Base | SF Bay | $30,410 | $30,754 | |
| 72 | 2022 Chevrolet Colorado Truck | WT | Pacific NW | $31,530 | $30,786 | |
| 73 | 2023 Hyundai Elantra Sedan | Limited | SF Bay | $30,095 | $30,844 | |
| 74 | 2023 Subaru BRZ Coupe | Premium Manual | West Coast | $30,365 | $30,874 | |
| 75 | 2022 Ford Escape SUV | SE | Pacific NW | $31,680 | $31,004 | |
| 76 | 2022 Hyundai Elantra Sedan | Limited | Nationwide | $29,695 | $31,004 | |
| 77 | 2023 Hyundai Tucson SUV | SEL | Washington DC | $30,845 | $31,014 | |
| 78 | 2022 Jeep Compass SUV | Latitude | Los Angeles | $31,430 | $31,026 | |
| 79 | 2023 MINI Hardtop Hatchback | S 2-Door | Florida | $31,750 | $31,294 | |
| 80 | 2022 FIAT 500X SUV | Yacht Club Capri | Nationwide | $31,550 | $31,326 | |
| 81 | 2023 Nissan Frontier Truck | S | Los Angeles | $31,785 | $31,716 | |
| 82 | 2022 Toyota RAV4 SUV | XLE | Texas | $31,180 | $31,745 | |
| 83 | 2022 Toyota Prius Hatchback | XLE | Nationwide | $31,220 | $31,788 | |
| 84 | 2023 Toyota Camry Sedan | SE Nightshade | Chicago | $31,710 | $32,012 | |
| 85 | 2022 Hyundai Kona SUV | Limited | Multiregion | $31,395 | $32,086 | |
| 86 | 2023 Honda Civic Sedan | Touring | West Coast | $30,745 | $32,113 | |
| 87 | 2022 Hyundai Santa Fe SUV | SEL | Multiregion | $32,445 | $32,116 | |
| 88 | 2023 Acura Integra 4-door Coupe | Southeast | $31,895 | $32,135 | ||
| 89 | 2022 Honda Accord Sedan | Sport SE | Washington DC | $31,565 | $32,313 | |
| 90 | 2023 Hyundai Sonata Sedan | SEL | Florida | $32,395 | $32,376 | |
| 91 | 2022 Honda Insight Sedan | Touring | Nationwide | $30,885 | $32,377 | |
| 92 | 2023 Hyundai Tucson SUV | Blue | SF Bay | $32,195 | $32,505 | |
| 93 | 2023 Toyota RAV4 SUV | XLE | Multiregion | $31,820 | $32,536 | |
| 94 | 2023 Toyota Camry Sedan | XSE | Texas | $32,340 | $32,557 | |
| 95 | 2023 Mazda CX-30 SUV | Premium | Nationwide | $32,775 | $32,764 | |
| 96 | 2022 Ford Ranger Truck | XLT | Chicago | $35,225 | $32,827 | |
| 97 | 2022 Honda CR-V SUV | EX | Washington DC | $32,055 | $32,834 | |
| 98 | 2022 Toyota RAV4 SUV | XLE | Texas | $32,380 | $33,005 | |
| 99 | 2023 Hyundai Sonata Sedan | SEL Plus | Florida | $33,070 | $33,095 | |
| 100 | 2023 Chevrolet Bolt Hatchback | Premier | Texas | $32,695 | $33,131 |
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The 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 Network
Select 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).Select Vehicle to Get Local Pricing
Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, 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 Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
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- Which Cars You Should Avoid
About The Author
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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I welcome your car buying questions. Email Me and I'll be glad to answer them!
