The concept of something new being low cost is laughable to a lot of the nation proper now, as rising inflation and rates of interest are seemingly conspiring to make all the things costlier. Fortunate for us, the automobile trade doesn’t seem to have gotten the memo — or no less than not fully, as there’s nonetheless a handful of latest vehicles priced beneath $20,000 and greater than a handful of latest vehicles out there for lower than $25,000. Costs quoted beneath don’t embody supply charges, tax, title, license, or different charges incident to buy. Costs may additionally fluctuate by area, so you should definitely verify together with your native dealership to see what’s out there in your neck of the woods.
Listed here are the ten most cost-effective new vehicles of 2024, together with greater than a dozen honorable mentions that every one begin beneath the $25,000 mark.
1. 2024 Nissan Versa: $16,680
The 2024 Nissan Versa is America’s least-expensive new automobile, nevertheless it’s hardly low cost when it comes to options. In base type, the Versa S comes with a 5-speed guide transmission, however beginning with the $18,350 Versa S CVT, all different fashions include a repeatedly variable automated transmission. Should you do go for the bottom mannequin, the S+ package deal is a good worth, including smartphone integration, a split-folding rear seat, and aluminum alloy wheels. See 2024 Nissan Versa fashions on the market
2. 2024 Mitsubishi Mirage: $16,695
In its default hatchback type, the 2024 Mitsubishi Mirage has seating for 5, 39 mpg mixed, and a 10-year/100,000-mile powertrain guarantee. Should you’d choose the G4 sedan, the MSRP jumps to a nonetheless very affordable $17,795, and it provides extra rear-seat legroom than the Nissan Versa. See 2024 Mitsubishi Mirage fashions on the market close to you
3. 2024 Hyundai Venue: $19,900
The 2024 Hyundai Venue is the primary small SUV on our record, that means it’s probably the most reasonably priced SUV in America for 2024. With a powerful commonplace function set, a mixed gas financial system score of 31 mpg, and Hyundai’s wonderful powertrain guarantee, the Venue’s solely shortcoming is that it’s not out there with all-wheel drive (AWD). See 2024 Hyundai Venue fashions on the market close to you
4. 2024 Kia Forte: $19,990
Doing battle with the Honda Civic and Toyota Corolla, the 2024 Kia Forte undercuts each by a number of thousand {dollars} whereas remaining aggressive on options and high quality. The bottom LX mannequin is probably the most reasonably priced, however for simply $500 extra, you will get the better-equipped LXS, which provides alloy wheels, extra exterior shade decisions, and the flexibility to improve the protection techniques. See 2024 Kia Forte fashions on the market close to you
5. 2024 Kia Soul: $20,290
Sitting someplace between an SUV, a hatchback, and a wagon is the enduring 2024 Kia Soul. As recognizable as ever and nonetheless extraordinarily budget-friendly, the most recent Soul is roomy for its exterior footprint, fairly well-equipped in base type, and able to as much as 31 mpg mixed. Just like the Venue, the Soul is front-wheel drive solely. See 2024 Kia Soul fashions on the market close to you
6. 2024 Chevrolet Trax: $20,400
The 2024 Chevrolet Trax has a pointy new look, a turbocharged 3-cylinder engine, and a roomy inside. As but, there are not any AWD choices for the Trax, however there are 5 trim ranges to select from, from the bottom LS to the top-spec Activ. On the entry degree, you’ll get commonplace Chevy Security Help tech, together with lane-keep help, high-beam help, automated braking with pedestrian detection, and extra, in addition to wi-fi smartphone integration. See 2024 Chevrolet Trax fashions on the market close to you
7. 2024 Nissan Sentra: $21,180
Consolation and affordability are on the high of the 2024 Nissan Sentra‘s precedence record, so if that matches your priorities, you’re all set. It’s environment friendly, too, at 34 mpg mixed in base type, together with the magic 40 mpg freeway determine, making the Sentra a cheap alternative for these with longer commutes. See 2024 Nissan Sentra fashions on the market close to you
8. 2024 Nissan Kicks: $21,340
Funky model and strong gas financial system are the 2024 Nissan Kicks‘ headliners, though it additionally provides a good quantity of cabin area for such a small SUV. Like the opposite SUVs on this record, the Kicks doesn’t supply AWD, nevertheless it does supply a good quantity of cargo area, at 53.1 cubic toes behind the entrance row. Smartphone integration, rear parking help, lane-departure warning, blind-spot monitoring, and automated braking with pedestrian detection are all commonplace. See 2024 Nissan Kicks fashions on the market close to you
9. 2024 Volkswagen Jetta $21,435
The 2024 Volkswagen Jetta represents the one European model on our record, so if that’s necessary to you, you’ve discovered your worth purchase. The Jetta can be spacious, snug, and roomy. It’s even enjoyable to drive in GLI type, however for these wanting to economize, the bottom Jetta S or the subsequent tier up, the Jetta Sport ($22,585), are the strongest values. See 2024 Volkswagen Jetta fashions on the market close to you
10. 2024 Hyundai Elantra: $21,625
A roomy inside, a classy look, and many security options all assist the 2024 Hyundai Elantra stand out from the group. On high of that, it additionally comes with wi-fi smartphone integration within the base mannequin, and it’s good for 41 mpg on the freeway or 36 mpg mixed. You additionally get a 3-year subscription to Hyundai’s Bluelink linked companies, permitting you to remotely unlock your automobile, obtain collision alerts, and even observe a stolen automobile. See 2024 Hyundai Elantra fashions on the market close to you
The Least expensive New Vehicles of 2024
- 2024 Nissan Versa: $16,680
- 2024 Mitsubishi Mirage: $16,695
- 2024 Hyundai Venue: $19,900
- 2024 Kia Forte: $19,990
- 2024 Kia Soul: $20,290
- 2024 Chevrolet Trax: $20,400
- 2024 Nissan Sentra: $21,180
- 2024 Nissan Kicks: $21,340
- 2024 Volkswagen Jetta: $21,435
- 2024 Hyundai Elantra: $21,625
Honorable Mentions: Vehicles Beneath $25,000 for 2024
- 2024 Toyota Corolla: $22,050
- 2024 Buick Envista: $22,400
- 2024 Subaru Impreza: $22,995
- 2024 Chevrolet Trailblazer: $23,100
- 2024 Ford Maverick: $23,920
- 2024 Honda Civic: $23,950
- 2024 Volkswagen Taos: $23,995
- 2024 Mazda3: $24,170
- 2024 Hyundai Kona: $24,250
- 2024 Kia Seltos: $24,590
- 2024 Honda HR-V: $24,600
- 2024 Subaru Legacy: $24,895
- 2024 Mazda CX-30: $24,995
