(iSeeCars) – Prices of new and used cars are at record highs, with an average new car cost of $47,878 and an average used car costing $30,384, according to iSeeCars data. But even in the current market, new and used car buyers can still find affordable cars that fit their budget.
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Whether you want a new car under $20,000, or a used car or SUV for under $15,000 or $10,000, we’ve put together a list of the best cars to choose from.
Standards for the best cheap cars
The best cheap cars are rated by iSeeCars Quality Score which takes into account vehicle 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 Points: 8.7
- Safety grade: 9.0
Average new car price: $23,610
Average used car price for a 3-year-old: $23,238
The Subaru Impreza ranks first and is available as a sedan or hatchback. Unlike most compact cars, all-wheel drive comes standard on the Impreza. The Impreza achieves a high safety rating distinct from Subaru 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: 7.5
- Retained value points: 8.2
- Safety grade: 8.9
Average new car price: $18,880
Average used car price for a 3-year-old: $18.554
The Nissan Versa ranks second. The Versa comes standard with forward collision warning, forward automatic emergency braking, pedestrian detection, and lane departure warning. The base’s next version, 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-of-the-line SR is still under $20,000 at $18,490 and adds keyless proximity, remote start, and speaker stereo. The $400 Comfort 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 Points: 8.1
- Safety points: Not available
Average new car price: $17,725
Average used car price for a 3-year-old: $17,821
Kia Rio ranks third. Available as a sedan and as a hatchback in the top of the S-Class only, the Kia Rio offers an upscale interior and excellent fuel efficiency. Both bodies have functional cargo space for the class, and the hatchback has an additional 3.7 ft.-ft. of cargo capacity compared to the sedan. The base model doesn’t come with any standard safety features, but both models in the Top S also cost less than $20,000 even with the $1,800 added entertainment package. S trim adds foldable rear seats, additional USB ports, cruise control and keyless entry, and the Technology Package, available only on the S model, adds forward collision warning, automatic emergency braking, lane keep assist, lane departure warning and driver drowsiness monitoring A back seat reminder.
4. Hyundai Accent
iSeeCars Quality Score: 7.9
- Reliability score: 7.7
- Retained Value Points: 7.9
- Safety Score: 8.0
Average new car price: $18,123
Average used car price for a 3-year-old: $17,829
The compact Hyundai Accent takes fourth place. It is similar to the Kia Rio and shares many of the same features, but the Accent is not as available as the hatchback. Accent comes with standard infotainment features including a 5-inch touch screen, Siri Eyes Free voice control, and Bluetooth. For buyers who need Android Auto and Apple CarPlay, choose the $18,000 SEL. Still under $20,000, the top is priced 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 points: 8.0
- Safety Score: 8.1
Average new car price: $21.534
Average used car price for a 3-year-old: $20396
The compact Kia Forte ranks fifth. The Forte features 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 monitoring, lane departure warning, and lane keep assist. Standard infotainment features include an 8-inch touchscreen display with wireless Apple CarPlay, Android Auto and Bluetooth connectivity.
6. Nissan Sentra
iSeeCars Quality Score: 7.9
- Reliability score: 7.7
- Retained Value Points: 7.5
- Safety grade: 8.4
Average new car price: $22,670
Average used car price for a 3-year-old: $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 rating of 29 mpg in the city and 39 mpg on the highway. It comes standard with safety features including lane departure warning, forward collision warning, front and rear automatic emergency braking, pedestrian detection, driver drowsiness monitoring, and blind spot monitoring.
7. Hyundai Elantra
iSeeCars Quality Score: 7.9
- Reliability score: 7.7
- Retained Value Points: 7.9
- Safety Score: 8.0
Average new car price: $23,326
Average used car price for a 3-year-old: $19.917
Hyundai Elantra compact wraps up the list. The fun-to-drive Elantra is redesigned for 2022, features an attractive exterior design 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 an extensive list of standard safety features, including Blind Spot Monitoring, Rear Cross Traffic Alert, Forward Collision Warning, Automatic Emergency Braking, Pedestrian Detection, Lane Keeping Assist, Driver Drowse Monitoring, Automatic High Beam Headlights, and Seat Alert Rear, safe 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 for under $10,000. The cars on this list include used copies 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 for under $15,000. Raising your used car budget to $15,000 adds up a number of dependable compact and mid-size sedans, including the Honda Civic, Honda Accord, and Toyota Camry.
Best used cars under $15,000 | |||
Rank | trolley | iSeeCars Quality Score | Average price of a used car |
1 | 2014 Honda Civic | 9.4 | $14,978 |
2 | 2013 Honda Accord | 9.0 | $14774 |
3 | 2014 Toyota Camry | 8.9 | $14,749 |
4 | 2015 Toyota Corolla | 8.8 | $14653 |
5 | 2014 Mazda Mazda6 | 8.6 | $14,127 |
6 | 2014 Subaru Legacy | 8.6 | 13,365 dollars |
7 | 2016 Volkswagen Jetta | 8.5 | $14658 |
8 | 2015 Kia Optima | 8.4 | $14,747 |
9 | 2015 Nissan Altima | 8.3 | 13,608 dollars |
10 | 2015 Ford Fusion | 8.2 | 14,303 dollars |
11 | 2015 Chevrolet Malibu | 8.0 | $13,921 |
Best Used SUV Under $15,000
With a budget of $15,000, there are also high-quality used small and mid-size SUVs to meet your needs. Here are the best used SUV crossovers on the market for under $15,000.
Best Used SUV Under $15,000 | |||
Rank | trolley | iSeeCars Quality Score | 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 | $14162 |
5 | 2013 Mazda CX-9 | 8.4 | 13,484 dollars |
6 | 2013 Nissan Pathfinder | 8.4 | $14,350 |
7 | 2013 Mazda CX-5 | 8.3 | $13,451 |
8 | 2013 Nissan Murano | 8.2 | 13,385 dollars |
9 | 2014 Kia Sportage | 8.1 | $14267 |
10 | 2015 Mitsubishi Outlander | 8.1 | $14,126 |
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When looking at the cheapest cars on the market, you don’t have to sacrifice quality to meet your budget. Even the most affordable new cars on the market come with state-of-the-art safety and technology features, making them smart buys for high-value shoppers.
If you’re looking for a new or used car, you can search over 4 million new and used cars with award-winning iSeeCars. car search engine Helps shoppers find the best car deals by providing essential insights and valuable resources, such as iSeeCars Free VIN Check The best car ratings. Whether you want an SUV, coupe, convertible, sports sedan, or hatchback, car buying has never been so easy.
This article, the Best cheap carsoriginally featured on iSeeCars.com.
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