Believe it or not, cars are luxury that most do not need. However, if you really have a need for it. These cheap brand new cars will help you save a whole lot of cash if they fit your purpose. Remember in our previous post, getting a car should be highly determined by why you really need a car and not impress friends and family. For Students, secretaries, maintenance men, anyone with an average salary range any of these cars will easily suit you and can serve the purpose.
Cheap Brand New Cars You Can Get
These cars can easily fit your car budget without going out of your way to apply for some car financing loans. You could also check our top loans to choose a loan option if you still need one. So let’s dive in.
Honda Fit- $17,885
This is one of the cheap brand new Honda cars you can get that is decent and presentable. It has an appreciable cargo space, performance. Below are some of the key features.
- Engine Specs: 1.5L, Continuously Variable Auto Transmission (CVT), 16-valve, 4 cylinders, 128 HP
- City MPG: 33
- Highway MPG: 40
- Annual Fuel Cost: $1,000
- Powertrain Warranty: 5 years, 60,000 miles
- Limited Basic Warranty: 3 years, 36,000 miles
Toyota Yaris- $17,470
This car comes at a little over 17 thousand dollars after a major upgrade in 2019. The Yaris was changed from a 2-door hatchback to a 4-door sedan making it one of the good cheap brand new cars on this list. Because of the upgrade, there is more you can achieve with the car.
- Engine Specs: 1.5L, 4-Speed Auto Transmission, 16-valve, 4 cylinder, 106 HP
- City MPG: 32
- Highway MPG: 40
- Annual Fuel Cost: $1,000
- Powertrain Warranty: 5 years, 60,000 miles
- Limited Basic Warranty: 3 years, 36,000 miles
Ford Fiesta- $16,330
This might be some of the last opportunities to get the Ford’s Fiesta $ seats sedan as it is axed out of Ford’s lineup by 2020. Below are some of its features.
- Engine Specs: 1.6L, 6-speed Auto Transmission, 16-valve, 4 cylinder, 120 HP
- City MPG: 27
- Highway MPG: 37
- Annual Fuel Cost: $1,150
- Powertrain Warranty: 5 years, 60,000 miles
- Limited Basic Warranty: 3 years, 36,000 miles
Kia Rio LX, 4-Door Sedan- $16,195
Kio has always produced some of the best cheap brand new cars in recent times. There is no surprise why it is on this list. The car was redesigned in 2019 to include more head and legroom at an even cheaper price.
- Engine Specs: 1.6L, 6-speed Auto Transmission, 16-valve, 4 cylinder, 130 HP
- City MPG: 28
- Highway MPG: 37
- Annual Fuel Cost: $1,100
- Powertrain Warranty: 10 years, 100,000 miles for the original owner, 5 years/60,000 for subsequent owners
- Limited Basic Warranty: 5 years, 60,000 miles
Nissan Versa Sedan S+, 4 Door- $15,890
No changes for 2019 other than an inexplicably large $755 MSRP increase over 2019, despite the factory invoice price declining by $130.
- Engine Specs: 1.6L, CVT Transmission, 16-valve, 4 cylinders, 109 HP
- City MPG: 31
- Highway MPG: 39
- Annual Fuel Cost: $1,050
- Powertrain Warranty: 5 years or 60,000 miles
- Limited Basic Warranty: 3 years or 36,000 miles
Chevy Spark LS, 4-Door Hatchback- $15,195
The Chevy Spark retains the #1 spot as the cheapest new car of 2019, with a minimal price increase of $170 (and a factory invoice decrease). No major changes in this year’s model. Side note: the EV version of the Spark was replaced by the Chevy Bolt last year.
- Engine Specs: 1.4L, Continuously Variable Auto Transmission (CVT), 98 Horsepower
- City MPG: 30
- Highway MPG: 38
- Annual Fuel Cost: $1,100
- Powertrain Warranty: 5 years or 60,000 miles
- Limited Basic Warranty: 3 years or 36,000 miles
