10 Most Affordable New Cars Available On The Market (2017)

A few years back, some manufacturers started making cheaper cars, as the result of the global economy situation. Nowadays, it is a trend and most car brands offer affordable cars. Despite the fact they cost a fraction of money as most cars, they are still reliable and come with the latest gadgets. Of course, you get that only if you choose the cheapest new car that is on the list. Now we will see 10 cars that are affordable, but still offer all the benefits we mentioned earlier.

2017 Nissan Versa $11,990

2017 Nissan Versa; Cheapest new car

This is the cheapest new car money can buy. Still, you get amazing features such as Bluetooth, navigation, 4 doors and an economical 1.6 L engine. Even better, this is a sedan, so it can be used as a family car. The engine produces 109 HP, which is enough for most people. Of course, in this case, you cannot expect sporty drive, but as your first car, or a great car that you can afford right now, Versa is the best choice. A 5-speed transmission is standard and it is very good, but an automatic gearbox is $1.500 more, therefore it is seriously expensive. This car will do 40 mpg, perfectly satisfactory. Inside, you get all you are going to need, nothing more.

2017 Mitsubishi Mirage $13,750

2017 Mitsubishi Mirage

Mitsubishi Mirage is affordable and it is made to be like that, which makes the situation very simple. The engine is 3 cylinders and it comes with 78 HP, isn’t much, but it will achieve 43 MPG. The transmission is 5-speed manual, very good and makes this car fun to drive, or it can be bought with CVT transmission. Mitsubishi Mirage offers Apple CarPlay and a lot of space inside. On the other side, you shouldn’t expect something more from this model. It is simple, practical, economical and it comes with everything you may need.

2016 Chevrolet Spark $13,800


It is a real pleasure being able to buy a cheap car such as Chevrolet Spark and still get all what you will need. The engine in this car is 1.4 L, producing 98 HP. It is paired with a 5 speed manual or can be paired with CVT transmission. Fuel economy is 31/41 mpg, economical. Currently, this is one of the cheapest small cars you can have and it is very popular, thanks to 4 doors and modern design.

Inside, you will get a reasonable amount of comfort and Wi-Fi support. In addition, this car offers a lot of equipment for the value and we will say that it is a great choice, especially if you are looking for a small and affordable car that can be used every day. Note: Thanks to the high-tech interior, this cheapest new caris commonly chosen by teenagers and younger drivers.

2015 Nissan Versa Note $15,000

2015 Nissan Versa Note

It isn’t a secret that Nissan Versa Note is one of the most affordable cars on the market, but also it is one of the most suitable ones for city drive. It is powered by a 1.6 L engine, producing 109 HP and with a fuel consumption of 27/36 MPG. Try to remember that this is one of the cheapest cars on the market, so don’t expect too much. Inside, you get only the basic things and the ride isn’t especially comfortable.

It is available with 5 doors and as a wagon. All models have front wheel drive and 5 gears transmission. The automatic transmission is available as well. The design of this car is interesting and better than other models have to offer. Note: This is a city car and it isn’t suitable for longer journeys or sporty drive. It is economical and practical, not fast.

2017 Chevrolet Sonic $15,220


It is a real surprise being able to buy the new Chevrolet Sonic for this amount of money. It is a hatchback of the latest generation, therefore it comes with a big 7 inch display inside and full support for Apple CarPlay and Android Auto. Of course, Wi-Fi and 4G network are supported as well. The best fact is that you can get 1.4 L engine with a turbo! It is paired with 6 gears automatic or manual transmission. Note: 1.8 L engine is available as well and it comes with the same transmission, or with a 5-speed manual.

Both engines are economical and the 1.4L can achieve 40 MPG while 1.8 L can do 35 MPG. Chevrolet Sonic is available as asedan as well, but the price is higher. An interesting addition is that RS version is on the market right now. It is $22,000, but you get a sporty look and additional improvements.

2016 Ford Fiesta $15,500

2016 Ford Fiesta

Ford Fiesta is one of those cars that simply must be taken into account. It is well-made, tested countless times and the new model comes with fresh design and a lot of features you are going to need. It also has been one of the cheapest new cars on the market in the last decade. Don’t think that you get poor quality! In fact, this car is rated as reliable, practical and extremely good value for money.

Similar to Chevrolet Sonic, it comes with a turbo engine, but in this case, it produces 123 HP and it is paired with a 5 speed manual. A 6 speed transmission with a dual-clutch system is anoptional extra. Addition: Transmissions with dual-clutches are capable of changing gears much faster than conventional units.

2016 Hyundai Accent $15,600


This is a direct rival to Ford Fiesta, and it is currently rated as acheapest new car with slightly bigger dimensions and better comfort. It comes with a 1.6 L engine, producing 137 HP and it can be paired with 6 gears manual or automatic transmission. It will achieve 38 MPG (automatic transmission can achieve 37 MPG). This is aslightly bigger car than Fiesta or Sonic and it offers better comfort as well.

Hyundai Accent has front wheel drive as most of these cars and the top speed is 120 MP/H. You can have it as a sedan or a hatchback and in both cases, you will get a decent trunk space and comfort on the rear seats. Important: This is the only car with 10 year warranty or 100.000 miles on the powertrain!

2016 Scion iA $16,500


With the Scion iA you get anoriginal and different look. Remember that this car is basically a Mazda 2 beneath the different look. This suggests a high reliability and affordable services. The engine is 1.5 L, with 106 HP and with 6 speed manual or automatic transmission. This model is also well-equipped, offering Bluetooth, 7 inch display and even pre-collision safety system, (works at low speed only).

Fuel consumption is 31/41 MPG and it is one of the most economical cars in the class. An interesting addition is that from 2017, this model will be sold under Toyota Yaris iA.

2016 Honda Fit $16,800

2016 Honda Fit

This is probably the most popular cheapest new car on the market right now. It comes with a 1.5 L engine with 130 HP and 6 speed manual transmission. Automatic is optional. Inside, you get 7 inch touch screen and a lot of gadgets, but for navigation, you will have to pay extra. The ride is firm, which is a useful addition, if you like having sporty and fun driving capabilities in your car. The top speed is 130 MPH and the fuel economy is 32/38 MPG, a very good result.

The design of this car is modern and even futuristic, perfect for people who want an affordable car that looks interesting and more expensive than it actually is. The best fact is the reliability and the durability of the car. We all know that Honda makes some of the most reliable cars on the planet and Fit isn’t different.

2017 Kia Forte $17,300


Kia Forte is a sedan, and it is affordable. The latest model comes with afresh look, economical engine and with several, additional improvements. It has been commonly rated as the cheapest new car with bigger dimensions. You can have this car with 146 HP (2.0L) or 168 HP, in both cases, paired with amanual or automatic transmission.

The best part of this car is the space inside. There is enough of it for 5 people and theeven trunk is large. Apple Car Play and Android auto are available as well. The top speed is 122 MPH and fuel economy is 28/38. Note: This is one of the biggest cars on the list.

The bottom line

All of these cars are the cheapest right now and they are made to be affordable, which makes them perfect for beginners and for people who want a reliable and affordable cars. They would be a wise choice simply because they are great value for money.