Are Any of the Cheapest New Cars Worth Buying?
“I just want a new car,” is a phrase that might be uttered by just about every prospective car buyer. Aside from the highly coveted “new car scent,” buying a new car does have its advantages. There won’t be any previous owners, no damage to the car, and if anything goes wrong, there is a warranty to back it up.
However, there are so many cars for different budgets. So we decided to take a look at 10 of the cheapest new cars on the market today, according to Carfax.com, and give a quick take on each one listed to see if they’re actually worth buying.
2020 Chevrolet Spark
MSRP: $13,220
Worth it
With available features like a 7-inch touchscreen, Apple Carplay, and Bluetooth, we would say that the Chevrolet Spark is worth buying. The higher-level trims are better-equipped and provide a better value, but if you just need a set of wheels, the Chevy Spark can get you there safely.
2020 Mitsubishi Mirage
MSRP: $13,995
Not Worth it
If your favorite food is white bread and butter, then you might like the Mitsubishi Mirage. It’s bland exterior and interior styling, questionable fit and finish, and its noisy and anemic engine are just a few of complaints from the dismal car reviews it has received. (Car and Driver, Edmunds, Car Connection)
2020 Nissan Versa
MSRP: $14,730
Worth it
The Nissan Versa is the cheapest sedan that you buy on the market today. With a healthy list of standard features like a 7-inch touchscreen, three USB ports, and Bluetooth, as well as available driver assist features, the Nissan Vera offers a solid value. We also like it’s attractive interior considering its price point.
2020 Hyundai Accent
MSRP: $15,295
Not Worth it
Hyundai’s smallest offering is still going strong in 2020 and it has gotten some good reviews for styling, but not much else (Car and Driver). It does come standard with a 5-inch touchscreen, Bluetooth, and a USB port, however, it’s really the 10-year/100,000-mile warranty that’s the saving grace for this car. Again, it’s good for transportation, but other cars on this list provide a better value.
2020 Toyota Yaris
MSRP: $15,650
Worth it
The Toyota Yaris is basically a Mazda2, which means that it has excellent fit and finish, somewhat elegant styling, and good refinement for a subcompact car. We would recommend it based on the lengthy list of standard and available features as well.
2020 Kia Rio
MSRP: $15,570
Worth it
The Kia Rio offers a great value in terms of features, which include a 7-inch touchscreen, Apple Carplay, and Siri Eye Free. Kelley Blue Book also praises the Rio for its sporty driving dynamics and lengthy warranty. So we would say that it’s worth a look.
2020 Honda Fit
MSRP: $16,190
Worth it
With renowned reliability, a versatile backseat and a healthy list of standard and available tech features, we would always recommend the Honda Fit. There’s not much more to be said.
2020 Chevrolet Sonic
MSRP: $16,720
Worth it
At this price point, the competition is heavy against the Sonic, considering the Honda Fit and Yaris are in play. However, with a standard 7-inch touch screen, Bluetooth, and Apple Carplay, we would say that the Sonic offers enough to garner a look.
2020 Kia Soul
MSRP: $17,490
Worth it
The tried-and-true Kia Soul has been around for the better part of a decade and has been given some handsome refinements through the years. We like it’s boxy shape and quirky personality, along with its attractive list of standard and available features.
2020 Kia Forte
MSRP: $17,890
Worth it
As the most expensive entry on the list, the Kia Forte is worth a look mainly due to the features that are available for it. Buyers can opt for a suite of driver-assist features and will like the standard 8-inch touchscreen, Bluetooth, and USB charging port. We say, give Kia a try, they’ve come a long way in a short amount of time.
Buyer’s choice
This our take on the 10 cheapest cars as listed by Carfax.com. As you can see, it’s a bit of a mixed bag in the subcompact car category, however, you probably can’t go wrong with most of the cars on this list. We do recommend narrowing your search down to three cars or so before hitting the dealerships and make sure to do your research in coming to your own conclusions.
