The United States has a national mean of 1.9 vehicles per household. Further, about 88% of Americans aged 15 or older are competent drivers. While there have been speculations over the future of the automobile industry as driverless cars emerge, it’s still apparent that a sizeable number of Americans own or dream of owning a car.
Buying a car is a major financial undertaking, which requires time to research the market. If you’re looking to buy a car this year, affordability is certainly a deal-breaker. Most first- time buyers assume that it’s impossible to get cheap and reliable cars.
Are you looking for the cheapest new cars to buy? This guide suggests the top seven cheap and reliable cars you can consider in 2020.
1. Toyota Scion FR-S
Every car owner looks for a car that’s fun to drive. The Scion FR-S does the job for you. The current recommended retail price (MSRP) for a FR-S is $26,100.
The Scion FR-S is mechanically identical to the Subaru BRZ but has a superior performance level on the tracks. Most recent models have notable refinements to the interior, which makes them unmatched when it comes to sleekness. The FR-S has a combined fuel economy of 28 MPG and a horsepower range of 200 HP.
According to the Kelly Blue Book review, this model has a 4.7 rating, which confirms its reliability. You also don’t have to worry about any spare parts for your Toyota FRS, given that they’re readily available.
2. Kia Forte
The Kia Forte comes with premium features with a sports-inspired look. This model has a top of the range, turbocharged engine, which makes it one of the most sought after compact Sedans in the market. Imagine all these features at a fair market price that starts as low as $17,690.
The base model for a Kia Forte comes with a six-speed manual transmission. Most models have the optional continuously variable automatic transmission (CVT), which allows for an upgrade.
The Kia Forte has an excellent crash safety score. This is an important factor given the high rates of motor-related accidents in the United States.
Are you looking for cheap and reliable cars with a considerate fuel economy? The Kia Forte has a 29/40 MPG, which is considerably economical. The only downside to this model is that it tends to ride rough over minor road imperfections.
3. The Chevrolet Sonic
It’s rare to find a car that’s both inexpensive and efficient. If you’re looking for a car that combines compliance and comfort, then the Chevrolet Sonic is your ride or die. This car is surprisingly fun to drive at a fair price of just about $19,997.
All Sonic 2020 versions have a turbocharged engine with a horsepower range of 138 hp. The front wheels have a six-speed automatic transmission, which makes this model one of the most reliable. The Chevrolet Sonic also comes with a 7.0-inch infotainment touchscreen that gives you and your passenger’s unmatched entertainment.
With a Chevrolet Sonic, you’ll have guaranteed safety. This model has a 5-star score in the NHTSA safety rating. Further, the Chevrolet Sonic has a car fuel economy of 26/34 mpg, which makes the vehicle sustainable.
4. Honda Fit
The Honda Fit comes out as one of the most reliable non-hybrid models. This model has astonishing cargo capacity, which makes it an incredible fit for multipurpose usage. If you’re looking for a vehicle that’s a blast to drive, then this option is all you need.
With a fair market price of $18,219, and a fuel economy of 29/36 mpg, this car is among the most refined cheap and reliable cars in the market.
Honda Fit comes with a 1.5 liter naturally aspirated engine. The vehicle also has a horsepower range of 130 HP and a CVT return of 33/36 mpg for models with higher trim levels.
5. Mitsubishi Mirage
The Mitsubishi is among the cheapest car to own in 2020. With as low as $15,785, you can own this ride, which is highly convenient due to its great gas mileage figures.
If you’re keen on a cheap subcompact sedan, then the four-door hatchback Mitsubishi Mirage is what you need. This model is light on features, which may be an advantage or a disadvantage depending on your intended usage.
Despite the low starting price and good fuel economy, the Mitsubishi Mirage is among the least powerful models for 2020. However, this auto is still convenient for routine movements.
6. Nissan Versa
The Nissan Versa is among the few low-cost cars with big trunks and great fuel economy. You can get this model off the market with prices starting from $18,125. If you’re looking for the most affordable cars to own, you can consider a Versa and get to enjoy a wide range of in-build standard equipment.
Owning a Nissan versa would be an incredible deal because this is the only remaining automobile in the shrinking subcompact car segment. This Nissan Versa also includes a wide range of driver assistance technologies and an X-Tronic continuously variable automatic transmission.
7. Kia Rio
Are you looking for a car under $20,000 dollars with incredible features? You can consider the Kia Rio as one of the low-priced cars that don’t feel cheap. The model has an improved fuel economy and a good crash safety performance.
You only need as low as $15,850 to get the Kia Rio on your treasured list of cars. This model has a good safety rating with IIHS. The Kia Rio also has a 39/41 MPG, which makes it a good deal for basic transportation.
You Can Still Enjoy Incredible Comfort With Cheap and Reliable Cars
Most new cars are expensive, but this does mean that you’re short of options. With these seven car models, you have the guarantee that you’ll get a high-performance option pocket-friendly deal. However, before you settle for any of these cheap and reliable cars, consider the availability of car parts.
Ultimately, your car will require some form of repairs. It would help to own a car that has readily available attachments.
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