The cheapest cars you can buy new in 2022

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The cheapest cars for 2022 start at just under $ 15,000, although buyers can expect to find fewer vehicle choices in this price range than in the past. The move towards more expensive SUVs has made it more and more difficult to find a new inexpensive car.

In some cases, manufacturers’ incentives can make some cars a better deal than others. Here’s a look at the cheapest cars you can buy through 2022, with inside information on the factors that can help you get the best deal possible.

Chevrolet Spark 2022: the cheapest price

With an MSRP of $ 14,595 including destination, the 2022 Spark remains the cheapest car you can buy in the United States. Unfortunately, that only gives you an entry-level model with a manual transmission. Configured with a CVT transmission, the MSRP increases to $ 15,695 before factoring in any dealer discounts or incentives.

When the Chevy Sonic was discontinued, the price increase for the next car in the lineup increased significantly. For reference, the Malibu 2022 price starts at $ 24,395, a difference of $ 9,800 from the cheaper Spark. Alternatively, you can consider a 2022 Chevrolet Trax crossover, which starts at $ 22,595.

Discover the prices and offers of Chevrolet Spark

Mitsubishi Mirage 2022: Better fuel economy

The cheapest Mitsubishi Mirage starts at $ 16,125 with a manual transmission and offers the best fuel economy of any gasoline car. According to the EPA, the Mirage hatchback delivers up to 43 mpg on the highway, 36 mpg in the city and 39 mpg in overall driving. However, the 1.2L engine may not give drivers the horsepower they are looking for.

Alternatively, the Mirage G4 is a 4-door sedan with a bit more space that starts at $ 16,995. Unfortunately, the Mirage’s fuel economy ratings don’t offer a significant advantage over newer and larger cars like the 2022 Honda Civic (up to 36 mpg total) and the 2022 Hyundai Elantra (37 mpg ).

There’s also the fact that bad residual values ​​can make the Mirage a bad rental car. As a result, you might find that it’s better value when buying rather than renting. In some cases, we’ve found that the Mirage can cost more to lease than cars with MSRPs thousands of dollars higher on paper.

Discover the prices and offers of the Mitsubishi Mirage

Nissan Versa 2022: the best value for money

The latest version of the Nissan Versa has an MSRP of $ 16,055 with destination and remains the brand’s cheapest car. The downside is that the Versa with the lower price comes with a manual transmission. If you prefer the optional CVT setup, the cost of the entry-level Versa S sedan jumps to $ 17,725.

At this point, the cost of the Versa is just over $ 2,000 more than that of the Spark. However, the Versa has a major advantage by offering standard Automatic Emergency Braking (AEB), lane departure warning and 10 airbags, even on the cheapest version. It could make the Versa better overall value.

Looking to rent? You might want to upgrade to the Nissan Sentra. This is because the Versa tends not to have the same level of incentives and can often end up costing the same amount on lease. Sentra has also historically offered lower interest rates, with some transactions involving 0% APR funding for up to 60 months.

Discover the prices and offers of the Nissan Versa

Kia Rio 2022: cheap with a great warranty

The Rio 2022 has an MSRP of $ 17,145 and is Kia’s cheapest car model. While this affordable sedan may look appealing, driver assistance technology is only optional from the more expensive S version ($ 17,785). That said, Kia does offer one of the best new car warranties at 10 years or 100,000 miles.

Unlike the Spark, the Rio is available as a sedan or hatchback. The hatchback is slightly more expensive than the sedan with a base price of $ 18,085. That’s a difference of just $ 940 from the sedan and can offer an additional level of flexibility depending on your lifestyle and / or personal preferences.

Discover the prices and offers of Kia Rio

Hyundai Accent 2022: cheap but not the best deal

The 2022 Hyundai Accent has a base price of $ 17,670 for the less expensive SE version and has compelling value. That’s a little over $ 500 more than the Rio, although standard Automatic Emergency Braking (AEB) is only standard when choosing the Limited trim ($ 20,625).

Even though the Accent is Hyundai’s cheapest car, we tend to find that the larger Elantra sedan (MSRP of $ 20,875) may actually be a better deal. Whether it’s lower finance rates, bigger discounts, or better rental deals, you might find the opportunity to upgrade for less money than you think.

Discover the prices and offers of Hyundai Accent


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