Cars

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.

Chevrolet Spark

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)

Mitsubishi Mirage

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.

2014 Nissan Versa, at the 106th Annual Chicago Auto Show
The Nissan Versa | Raymond Boyd/Getty Images

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 Hyundai Accent

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 Toyota Yaris

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 Kia Rio

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 Honda Fit

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 Chevrolet Sonic

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.

Kia Soul X-Line
Kia Soul

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.

2020 Kia Forte

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.