The best cheap new and used cars

(iSeeCars) – New and used car prices are at record highs, with the average new car costing $47,878 and the average used car costing $30,384 according to data from iSeeCars. But even in today’s market, new and used car buyers can still find affordable cars that fit their budget.

Whether you want a new car under $20,000, a used car or an SUV under $15,000 or $10,000, we’ve compiled a list of the best cars to choose from.

Criteria for the best cheap cars

The best cheap cars are ranked by an iSeeCars Quality Score that takes into account a car’s longevity, value retention, and safety ratings from the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS).

Best Cheap New Cars Under $20,000

For under $20,000, these are the best new cars to choose from.

1.Subaru Impreza

iSeeCars Quality Score: 8.6

  • Reliability score: 8.0
  • Retained value score: 8.7
  • Security Rating: 9.0

Average new car price: $23,610

Average price of a 3-year-old used car: $23,238

The Subaru Impreza takes the top spot and is available as a sedan or hatchback. Unlike most compact cars, all-wheel drive is standard on the Impreza. The Impreza gets Subaru’s signature high safety score and includes standard safety features such as adaptive cruise control, lane-keep assist, forward collision warning and automatic emergency braking. Standard infotainment features include a 6.5-inch touchscreen, Android Auto, Apple CarPlay and Bluetooth.

2.Nissan Versa

iSeeCars Quality Score: 8.2

  • Reliability score: 7.5
  • Retained value score: 8.2
  • Security rating: 8.9

Average new car price: $18,880

Average price of a 3-year-old used car: $18,554

The Nissan Versa subcompact ranks second. The Versa comes standard with forward collision warning, forward automatic emergency braking, pedestrian detection and lane departure warning. The next version from the base, the SV, starts at $17,890 and adds rear seat reminder, driver drowsiness monitoring, blind spot monitoring, rear cross traffic alert, satellite radio , Android Auto and Apple CarPlay. The top SR trim is still under $20,000 at $18,490 and adds proximity keyless entry, remote start and a six-speaker stereo. A $400 convenience package adds heated front seats, automatic climate control and adaptive cruise control.

3.Kia Rio

iSeeCars Quality Score: 8.0

  • Reliability score: 7.9
  • Retained value score: 8.1
  • Security score: not available

Average new car price: $17,725

Average price of a 3-year-old used car: $17,821

The Kia Rio subcompact ranks third. Available as a sedan and hatchback on the top S trim only, the Kia Rio offers a premium interior and offers excellent fuel efficiency. Both bodies have functional cargo space for the class, and the sedan has an additional 3.7 feet of cargo capacity over the sedan. The base model doesn’t come with any standard safety features, but both top S-trim body styles are also under $20,000, even with the $1,800 extra entertainment package. The S trim adds folding rear seats, additional USB ports, cruise control and keyless entry, and the tech package, which is only available on the S trim, adds forward collision warning, braking automatic emergency, lane keeping assist, lane departure warning, driver drowsiness monitoring and rear seat reminder.

4. Accent Hyundai

iSeeCars Quality Score: 7.9

  • Reliability score: 7.7
  • Retained value score: 7.9
  • Security rating: 8.0

Average price of a new car: $18,123

Average price of a 3-year-old used car: $17,829

The Hyundai Accent subcompact ranks fourth. It is similar to the Kia Rio and shares many of the same features, but the Accent is not available as a hatchback. The Accent comes with standard infotainment features including a 5-inch touchscreen, Siri Eyes Free voice control and Bluetooth. For buyers who need Android Auto and Apple CarPlay, opt for the $18,000 SEL version. The top trim is still under $20,000, at $19,500, and adds standard features including a sunroof, heated front seats, automatic climate control, forward collision warning and automatic emergency braking.

5. Kia Forte

iSeeCars Quality Score: 7.9

  • Reliability score: 7.6
  • Retained value score: 8.0
  • Security rating: 8.1

Average new car price: $21,534

Average price of a 3-year-old used car: $20,396

The compact Kia Forte ranks fifth. The Forte has a spacious cabin and excellent fuel economy. It comes standard with driver assistance features including forward collision warning, forward automatic emergency braking, pedestrian detection, driver attention monitor, lane departure warning and lane keeping assist. Standard infotainment features include an 8-inch touchscreen with wireless Apple CarPlay and Android Auto, and Bluetooth connectivity.

6. Nissan Sentras

iSeeCars Quality Score: 7.9

  • Reliability score: 7.7
  • Retained value score: 7.5
  • Security rating: 8.4

Average new car price: $22,670

Average price of a 3-year-old used car: $22,211

The Nissan Sentra compact sedan ranks sixth. The Nissan Sentra has a 149-hp four-cylinder engine with a continuously variable automatic transmission (CVT) and gets an EPA estimated 29 mpg city and 39 mpg highway. It comes standard with safety features including lane departure warning, forward collision warning, forward and reverse automatic emergency braking, pedestrian detection, driver drowsiness monitoring driver and blind spot monitoring.

7.Hyundai Elantra

iSeeCars Quality Score: 7.9

  • Reliability score: 7.7
  • Retained value score: 7.9
  • Security rating: 8.0

Average new car price: $23,326

Average price of a 3-year-old used car: $19,917

The compact Hyundai Elantra completes the list. Redesigned for the 2022 model year, the fun-to-drive Elantra features attractive exterior styling and comes with Hyundai-Kia’s standard 10-year/100,000-mile powertrain warranty. Standard infotainment features include an 8-inch touchscreen, Apple CarPlay, Android Auto, HD Radio and Bluetooth. It also offers a long list of standard safety features, including blind-spot monitoring, rear cross-traffic alert, forward collision warning, automatic emergency braking, pedestrian detection, assist lane keeping, driver drowsiness monitoring, automatic high beams, rear seat alert, and safety exit warning.

Best used cars by price

Here are the best used cars and SUVs by price:

Best Cheap Used Cars Under $10,000

Here are the best used cars on the market under $10,000. Vehicles on this list include used versions of the cheapest new cars and add the recently discontinued Chevrolet Sonic.

small car.

Best Used Cars Under $15,000

Here are the best used cars on the market under $15,000. Upping your used car budget to $15,000 adds a number of reliable midsize and compact sedans, including the Honda Civic, Honda Accord, and Toyota Camry.

Best Used Cars Under $15,000
Rank Vehicle iSeeCars Quality Level Average price of a used car
1 2014 Honda Civic 9.4 $14,978
2 2013 Honda Accord 9.0 $14,774
3 2014 Toyota Camry 8.9 $14,749
4 2015 Toyota Corolla 8.8 $14,653
5 Mazda Mazda6 2014 8.6 $14,127
6 2014 Subaru Legacy 8.6 $13,365
seven Volkswagen Golf 2016 8.5 $14,658
8 2015 Kia Optima 8.4 $14,747
9 2015 Nissan Altima 8.3 $13,608
ten 2015 Ford Focus 8.2 $14,303
11 2015 Chevy Malibu 8.0 $13,921

Best Used SUVs Under $15,000

With a budget of $15,000, there are also high-quality used small and mid-size SUVs to suit your needs. Here are the best used crossover SUVs on the market under $15,000.

Best Used SUVs Under $15,000
Rank Vehicle iSeeCars Quality Level Average price of a used car
1 2013 Subaru Outback 8.8 $13,523
2 2013 Subaru Forester 8.7 $12,970
3 2013 Hyundai Santa Fe 8.5 $14,775
4 2014 Hyundai Tucson 8.4 $14,162
5 2013 Mazda CX-9 8.4 $13,484
6 2013 Nissan Pathfinder 8.4 $14,350
seven 2013 Mazda CX-5 8.3 $13,451
8 2013 Nissan Murano 8.2 $13,385
9 2014 Kia ​​Sportage 8.1 $14,267
ten 2015 Mitsubishi Outlander 8.1 $14,126

Conclusion :

When looking at the cheapest cars on the market, you don’t have to sacrifice quality to stay within your budget. Even the most affordable new cars on the market come with modern safety and technology features, making them smart buys for value-oriented buyers.

More on iSeeCars.com:

If you’re looking for a new or used car, you can search over 4 million used and new cars with iSeeCars’ award-winning car search engine that helps buyers find the best deals cars by providing key information and valuable resources, like iSeeCars free VIN check and Best Cars ranking. Whether you want an SUV, coupe, convertible, sports sedan or hatchback, buying a car has never been easier.

This article, the Best cars for cheaporiginally appeared on iSeeCars.com.

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