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A cheap new car is a hot commodity; the prospect of an affordable vehicle with a warranty is tempting. There are many options out there, from subcompact hatchbacks to compact cars. Here are some of the vehicles from a list of some of the cheapest cars from 2022.

  1. Chevrolet Spark
  2. Mitsubishi Mirage
  3. Nissan Versa
  4. Kia Rio 
  5. Subaru Impreza
  6. Kia Forte
  7. Kia Soul
  8. Nissan Sentra
  9. Toyota Corolla
  10. Hyundai Elantra
  11. Volkswagen Jetta
  12. Mazda Mazda3

2022 Chevrolet Spark – starting price: $14,595

Cheapest Cars for 2022 According to TrueCar
Chevrolet Spark | Chevrolet

The 2022 Chevrolet Spark is a two-door hatchback with a generous complement of technology features, excellent fuel economy numbers, and a bargain price. While tight in terms of cargo space, the Spark is easy to park and comes in four trim levels, the most popular being the 2LT with a manual transmission. Additionally, in terms of fuel economy, a 2022 Chevrolet Spark will deliver up to 38 mpg on the highway.

2022 Mitsubishi Mirage is a small, cheap car – starting price: $15,840

Cheapest Cars for 2022 According to TrueCar
Mitsubishi Mirage | Mitsubishi

The 2022 Mitsubishi Mirage is a four-door, five-seater hatchback with a usable amount of cargo space. Furthermore, on top of a low base price, the Mirage offers a good warranty and good fuel economy, making it an excellent choice for cheap transportation.

2022 Nissan Versa – starting price: $16,405

Nissan Versa Review | Gold Pony

Given the affordability of the 2022 Nissan Versa, the interior styling and comfort are a bargain. Unfortunately, the Versa is a letdown in terms of engine performance and rear cabin space. In addition to many of the smaller vehicles on this list, fuel efficiency is good, with the Versa averaging 32 mpg city and 40 mpg highway.

2022 Kia Rio is a popular little cheap car – starting price: $17,305

Cheapest Cars for 2022 According to TrueCar
Hyundai Accent | Hyundai

Although it leaves many other options in the new car market, the 2022 Kia Rio is superb value for money. With a starting price of just $17,305, the Kia Rio is one of the most affordable new cars out there. Furthermore, the Kia Rio offers ample storage space, good fuel economy, and a well-outfitted interior. However, engine performance is lackluster; TrueCar calls the Kia Rio’s acceleration “mediocre.”

2022 Hyundai Accent – starting price: $17,690

The 2022 Hyundai Accent offers a comfortable ride with outstanding fuel economy in an affordable package. In fact, the Accent will cruise at an average of 41 mpg at highway speeds. In addition to that fuel economy, the Accent has class-leading warranty coverage, making it an excellent prospect for a cheap car.

2022 Subaru Impreza – starting price: $19,790

Subaru Impreza Review | Gold Pony

The 2022 Subaru Impreza has tried and true all-wheel drive, which makes it sure-footed in inclement weather. Additionally, the Impreza features well-engineered standard safety features. The focal point of safety detracts from the Impreza’s merit as a fun driver’s car, but a cheap car with good safety features is a commodity.

2022 Kia Forte is still a cheap car, just not the cheapest – starting price: $20,145

TrueCar calls the 2022 Kia Forte “a stand out” in the segment for its top-tier style, outstanding warranty, and wallet-friendly fuel economy. The front fascia is attractively sculpted, and higher trims feature capable powerplants. Finally, the Kia Forte offers available seating for five with four trim levels.


Fuel Economy: Best Gas Sippers With Over 40 MPG