Published on August 20, 20243 min read

The Top 5 Cheapest Cars and SUVs

Purchasing a new car can come at a hefty price. An SUV model typically costs $37,000. On the other hand, some cars are offered at competitive pricing. Purchasing a less expensive car does not need settling for a subpar car. A good number of the cars on our list also provide you with quality.



The five cars and SUVs on the list below range in price from around $14,100 to $27,000.


2020 Spark Hatchback Chevrolet


With an initial price of $14,100 and an average selling price of $16,100, this car holds the title of being the least expensive 2020 vehicle. With a minimum back seat and baggage room, the Spark is a very compact automobile. Yet it gets a healthy 33 miles per gallon out of this little jewel. It is really simple to drive and park, even if it isn’t a really quick automobile. This affordable car is surprisingly equipped with modern conveniences including a 7-inch touch screen control panel and smartphone connectivity.


Mitsubishi Mirage Hatchback 2020


The Mirage starts at $14,800 and goes up to $17,100 on average at the point of sale. The vehicle’s excellent 39 mpg fuel economy and 10-year/100,000 mile guarantee are its two main selling points. The main drawback of this type is its extreme lack of acceleration and power. If you can tolerate being stopped in the slow lane, this automobile will save you a ton of money on gas.


Nissan Versa Sedan 2020


Nissan’s excellent sedan starts at $15,600 and has an average selling price of $18,400. This is a stylish vehicle with useful features such as power windows, keyless entry, and a powerful engine. The Versa also boasts more cabin space than its competitors at this price point and a decent-sized trunk. This automobile also gets more than 30 miles per gallon.


Kia Soul 2020


Presenting to you, a modest SUV with an average sales price of $21,500 that starts at just $17,500. Its boxy and tall shape may not be the most appealing, but compared to most of its subcompact competitors, it has greater room for passengers and goods. It can move and maneuver easily because of its 147 horsepower engine. Not to mention a good fuel economy of 27 mpg.


Hyundai Santa Fe 2020


With a starting price of $27,000 and an average sales price of $32,400, this SUV provides excellent value. Even some pleasant features like adaptive cruise control, reclining back seats, and noise-reducing glass are included in the cheapest model. The Santa Fe also has a roomy cabin, excellent vehicle balance, and a smooth ride. The fairly mediocre engine of the base model is the SUV’s drawback.

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