Skip to main content

Buying a new car can make for an expensive endeavor. In fact, according to Car and Driver, brands like Ford reported an average transaction price of $43,600 in April. The good news is you don’t have to spend all of your hard-earned money on a new car. In fact, the following are some of the best affordable new cars under $30,000, TrueCar reports. 

Hyundai and Toyota make some of the best new cars under $30,000

A silver 2021 Hyundai Elantra parked
2021 Hyundai Elantra | Hyundai

Hyundai and Toyota are well-known for making some of the best new cars out there. They’re also known for making some of the most affordable new cars. It should come as no surprise then that cars like the 2021 Hyundai Elantra were included in TrueCar’s list of the best new cars under $30,000. Starting at $19,650, this year’s new Hyundai Elantra is an excellent choice for compact sedan shoppers, TrueCar reports.

The Elantra isn’t the only new Hyundai to have made the list. TrueCar also included the 2021 Hyundai Sonata and the 2021 Hyundai Ioniq. While the 2021 Hyundai Sonata starts at $23,950, the 2021 Hyundai Ioniq boasts a base MSRP of $23,400. According to TrueCar, between their affordable starting price and extensive warranty, these cheap new cars offer an incredible value.

A parked 2021 Toyota Camry, one of the best affordable new cars under $30,000
2021 Toyota Camry | Toyota

Toyota makes some of the best new cars under $30,000, too, TrueCar reports. In fact, the organization included models like the 2021 Toyota Prius Prime, the 2021 Toyota Camry, and the 2021 Toyota Corolla in its list. The cheapest Toyota model on the list is the 2021 Toyota Corolla, which starts at $20,025. 

“Offering strong fuel economy, a long list of standard safety features, and a reasonable price, the Corolla will appeal to shoppers with an eye for sensibility and value.”


Two of the best new cars under $30,000 are made by Kia

A blue 2021 K5 GT-Line 1.6T FWD at sunset
2021 K5 GT-Line | Kia

Perhaps you would prefer a new Kia instead. The good news is that TrueCar included two new Kia models in its list of the best new cars under $30,000. First, let’s talk about the 2021 Kia K5. This affordable new sedan starts at $23,590. It’s available with your pick of an engine under the hood and is “well equipped for the daily commute, transporting the family, or cruising on the weekend,” explains TrueCar.

As for the 2021 Kia Soul? This new SUV costs under $30,000 and, at its cheapest, will have you spending $17,590. That price gets you features like a six-speed manual transmission, Kia Drive Wise Driver-Assist technology, and Kia’s best-in-class 10-year/100,000-mile drivetrain warranty.

These affordable new cars also made the cut

A silver 2021 Honda Accord driving, one of the best affordable new cars under $30,000
2021 Honda Accord | Honda

The 2021 Volkswagen Jetta and the 2021 Honda Accord also made the cut. These new cars cost under $30,000 and come well-stocked with features. In fact, starting at $18,995, the 2021 Volkswagen Jetta won’t have you spending more than $20,000 on a base model. Entry-level models don’t lack in features, either. 

The same can be said for the 2021 Honda Accord. Starting at $25,470, the 2021 Honda Accord is one of the best new cars under $30,000. Much like the Jetta, it doesn’t compromise on features, either. Standard on all models are features like Honda Sensing, push-button start, dual-zone automatic climate control, and a touchscreen display featuring Apple CarPlay and Android Auto.

How to choose the best new affordable car for your budget

Shopping for a new car doesn’t have to break the bank. In fact, some of the best new cars cost under $30,000, TrueCar reports. When it comes to choosing the best new affordable car for your budget, we suggest starting with TrueCar’s recommendations. Take these models out for a test drive, and you’ll be sure to find out which is the right car for you and your budget.