Compare the 10 cheapest cars of 2019 | finder.com
manholdingakey_gettyimages_250x250

Compare the cheapest new cars of 2019

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Explore 10 picks under $20,000.

Not everyone is able or willing to spend tens of thousands of dollars on a car — but that doesn’t mean you can’t buy new. Several manufacturers still offer cars under $20,000 — and many come with strong safety and reliability ratings to boot.

Top 10 cheapest cars of 2019

Below are 10 cars with manufacturer suggested retail prices (MSRPs) under $20,000. These prices reflect the basic trim package with no additions — and no negotiations. The actual price you pay will vary based on any features you add, where you live and your negotiation skills when you head to the dealership.

ModelStarting MSRPYearly fuel cost*5-year cost to own*
2019 Nissan Versa$12,460$1,000 to $1,200$25,429
2019 Chevrolet Spark$13,220$1,000 to $1,200$25,323
2019 Ford Fiesta$14,260$1,200 to $1,350$26,925
2019 Mitsubishi Mirage$13,795$900 to $1,000$26,716
2019 Hyundai Accent$14,995$1,100 to $1,300$26,964
2019 Kia Rio$15,390$1,100 to $1,300$27,169
2019 Chevrolet Sonic$15,420$1,200 to $1,350$30,717
2019 Toyota Yaris$15,600$1,100 to 1,300$26,756
2019 Honda Fit$16,190$1,000 to $1,100$26,457
2019 Kia Soul$17,490$1,300 to $1,450$26,977

*Yearly fuel cost and 5-year cost to own prices are sources from Edmunds.com’s True Cost to Own calculator. Your specific costs will vary based on where you live, your credit profile, how many miles you drive each year and other factors.

2019 Nissan Versa

  • City/highway MPG: 31/39
  • NHTSA safety rating: 4 out of 5 stars
  • J.D. Power reliability rating: 4.5 out of 5 stars

With the sedan coming in at $12,460, the Nissan Versa is one of the most affordable new cars out there. And despite its low starting price, J.D. Power and the National Highway Traffic Safety Administration (NHTSA) give it high reliability and safety ratings. The basic trim comes equipped with a 7-inch touchscreen, but lacks a center armrest and automatic transmission. It’s overall a good car, but you’ll get what you pay for when it comes to luxury features and engine power.

2019 Chevrolet Spark

  • City/highway MPG: 30/38
  • NHTSA safety rating: Not available
  • J.D. Power reliability rating: 3.5 out of 5 stars

The Chevrolet Spark is affordable and comes with a few new tech perks, including Apple CarPlay and Android Auto. But it’s not without a few drawbacks. It has limited cargo space, and like many cars on this list, automatic transmission will cost extra. And with no NHTSA safety rating available, you may want to check out reviews from other drivers who own a Spark before committing.

2019 Ford Fiesta

  • City/highway MPG: 27/35
  • NHTSA safety rating: 4 out of 5 stars
  • J.D. Power reliability rating: 2.5 out of 5 stars

If you’re interested in the Ford Fiesta — whether the less expensive sedan or the pricier hatchback — now may be the time to buy. Ford has planned to stop production of the car in 2020. The basic sedan trim comes equipped with a few standard features, including an infotainment system and backup camera. But J.D. Power gives it a subpar reliability rating.

2019 Mitsubishi Mirage

  • City/highway MPG: 36/43
  • NHTSA safety rating: 4 out of 5 stars
  • J.D. Power reliability rating: 2.5 out of 5 stars

The Mitsubishi Mirage is one of the few cars on this list where the hatchback is more affordable than the sedan. And best of all, it comes stocked with the same equipment as its sedan counterpart. But while it has a decent safety rating, its low reliability rating could be a turnoff if you’re looking to drive your Mirage for more than a few years.

2019 Hyundai Accent

  • City/highway MPG: 28/37
  • NHTSA safety rating: Not available
  • J.D. Power reliability rating: 4.5 out of 5 stars

If you’re interested in a manual transmission, the Hyundai Accent might be for you, as it comes standard with the basic trim package. Otherwise, you’ll have to pay extra for an automatic transmission. Though Hyundai is no longer producing the Accent in hatchback styles, the car is still known for its roominess and fuel economy. But with no current safety rating from the NHTSA, you might want to check out former customer reviews before making a decision.

2019 Kia Rio

  • City/highway MPG: 28/37
  • NHTSA safety rating: Not available
  • J.D. Power reliability rating: 4 out of 5 stars

Despite the midrange price on the Kia Rio, it lacks some of the standard tech and safety features other cars in this price range come equipped with. But it’s still considered a practical drive with good handling and a quiet interior. And it’s been ranked as one of the best subcompact cars by U.S. News. However, the sedan isn’t quite as spacious as the hatchback, so you’ll be paying more if you want a sportier, roomier look.

2019 Chevrolet Sonic

  • City/highway MPG: 28/37
  • NHTSA safety rating: 5 out of 5 stars
  • J.D. Power reliability rating: 3.5 out of 5 stars

With a superb safety rating from the NHTSA and a midrange price, the Chevrolet Sonic is hard to beat. Like the Kia Rio, it’s ranked as one of the best subcompact cars. But it doesn’t quite have the reliability found in other cars. And you’ll face below-average fuel economy — making it the most expensive car on this list to own over five years.

2019 Toyota Yaris

  • City/highway MPG: 30/39
  • NHTSA safety rating: Not available
  • J.D. Power reliability rating: 4 out of 5 stars

The basic trim of the Toyota Yaris comes standard with power windows — which isn’t always a guarantee — and other modern features like keyless entry and automated emergency braking. While it hasn’t received a full safety rating from the NHTSA, it has received four out of five stars for its frontal crash and rollover tests. The Yaris also has a high reliability rating and superb fuel efficiency, making the sedan a good choice for commuters or frequent drivers.

2019 Honda Fit

  • City/highway MPG: 29/36
  • NHTSA safety rating: 5 out of 5 stars
  • J.D. Power reliability rating: 3 out of 5 stars

The Honda Fit is one of the more expensive options on this list, but it’s also one of the best-ranked cars of 2019 because of its good fuel economy and equipped technology. While that includes a 5-inch touchscreen and keyless entry, it doesn’t include automatic transmission — that’ll cost you an extra $800. However, if you’re looking for a roomy interior and a safe drive, the Honda Fit may be for you.

2019 Kia Soul

  • City/highway MPG: 25/30
  • NHTSA safety rating: 5 out of 5 stars
  • J.D. Power reliability rating: 4.5 out of 5 stars

Not only is the Kia Soul one of the safest and most reliable cars out there, it’s also one of the cheapest to own in the long run. The difference between the five-year cost of a Soul and the base price you pay at the dealership is less than $9,000. And it might be worth that higher starting MSRP: Kia has one of the longest new car warranties of car manufacturers, and the Soul is considered one of the best in its class.

Shopping for a car locally?

Test drive a new car in your area Test drive a used car in your area

Compare car loan providers

Updated September 16th, 2019
Name Product Filter Values Minimum credit score Loan term Requirements
300
Varies by lender
Must be a US citizen with a current US address and employed full-time or have guaranteed fixed income.
Apply with a simple online application to get paired with a local auto lender. No credit and bad credit accepted.
600
Varies by lender
Fair to excellent credit, an income source, US citizen or permanent resident, 18+ years old
Find an offer and get rates from competing lenders without affecting your credit score.
300
Varies by lender
Must be employed full-time or have guaranteed fixed income of at least $1,500/month and be a current resident of the US or Canada.
Get connected with an auto lender near you, even if you have bad credit.
Good to excellent credit
2 to 7 years
Good or excellent credit, enough income or assets to afford a new loan, US citizen or permanent resident, 18+ years old
Quick car loans from $5,000 to $100,000 with competitive rates for borrowers with strong credit.
Fair or better credit
From 2 years
Car must be less than 10 years old with fewer than 120,000 miles. Current loan must have a balance between $5,000 and $55,000 and at least 24 months left in its term.
Lower your monthly car payments and save on interest through a fast and easy online application process.
510
Varies
Income of $2,000+/month, vehicle has less than 150,000 miles and is no older than 8 years, loan balance is between $10,000 and $100,000, debt-to-income ratio is less than 50%
Connect with a network of over 150 lenders to refinance your car loan.
Good to excellent credit
Varies by lender
18+ years old, good to excellent credit, US citizen
Compare multiple financing options for auto refinance, new car purchase, used car purchase and lease buy out.

Compare up to 4 providers

Bottom line

When you’re shopping for a new car and don’t want to break the bank, a subcompact car may be for you. These 10 options all come in under $20,000 with many offering good fuel economy or reliability and safety ratings. But remember that customizing your vehicle or opting for a more luxurious trim can quickly increase the price you pay.

Didn’t see anything you like? Check out our list of the best new and used cars under $20,000. Then when you’re ready to buy, compare your car loan options to find the best deal available to you.

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site