The Cheapest New Cars for 2020

Browsing through pricey SUVs and trucks can be discouraging, but don’t let the first glance send you running to a used car lot. There are actually many affordable new cars with the right allure for the value seekers.

Since there are more things to consider in a car than the starting price, you can sit back and check out summaries on performance, safety, infotainment features and overall quality of some of the cheapest models for 2020.

Take a look at new and affordable sedans and hatchbacks that won’t break the bank.

White 2020 Chevrolet Sparks


2020 Chevrolet Spark

Base price: $14,095

Since destination charges are included in the price, this little guy is one heck of a bargain!

It is a compact four-door city car with excellent fuel efficiency, reaching 30 mpg city/38 mpg highway. Spark comes with a 1.4 liter inline-4 with just 98 horsepower and front-wheel drive.

With its great maneuverability and easy parking even in tight spots, Chevy Spark is better suited around town. Rear-vision camera and short overhangs are helpful in urban environments.

The 2020 Spark is loaded with standard infotainment technology like a 7-inch touchscreen, a Wi-Fi hot spot, Apple CarPlay, and Android Auto.

This handsome fellow’s small size has its downsides – not much rear legroom and limited cargo space.

Also, it can be a bit tedious to drive over not-so-perfect roads. Due to the underpowered engine, it takes some time to get up to highway speeds.

Silver 2020 Ford Fiesta Sedan


2019 Ford Fiesta Sedan

Base price: $15,235

This five-door subcompact car is one of the best deals on the market. With a low price and sense of style, the 2019 Ford Fiesta might easily win you over. The well-built and comfortable interior makes every trip enjoyable.

The standard 1.6-liter 4cylinder engine exerts 120 hp and 112 lb-ft via a five-speed manual transmission. This budget-friendly Ford Fiesta has decent fuel economy figures and sprightly acceleration.

An intuitive and user-friendly infotainment system is another plus.

On the other hand, Fiesta Sedan has limited cargo space and the rear seats can be uncomfortable for taller passengers.

Copper 2020 Nissan Versa Sedan


2020 Nissan Versa Sedan

Base price: $15,625

Nissan’s best selling subcompact car has been vastly improved and completely redesigned for 2020, with a bit higher but still remarkably low price.

It has a 1.6-liter 4-cylinder engine that generates 122 hp and a surprising amount of standard equipment. Automatic emergency braking, lane departure warning and a 7-inch touchscreen with 3 USB ports are among its standard features.

Rated at 31 mpg in the city and 39 on the highway, Nissan Versa is sure to save you money at the gas station.

Better styling, performance, and tech make this car a strong choice in the segment.

Silver 2020 Hyundai Accent Sedan


2020 Hyundai Accent Sedan

Base price:$16,125

This is actually the smallest of Hyundai’s cars in the US, that comes with an equally modest price tag.

With an impressive list of standard equipment and sophisticated styling and eager handling, this is a promising vehicle.

A safe, spacious and exceptionally fuel-efficient, the Accent makes the sensible choice. A new 4-cylinder engine is rated at 36 mpg combined, but produces a weak power of only 120 horsepower.

A 5-inch touchscreen provides USB and auxiliary ports for connecting devices to the interface, with a Bluetooth phone connectivity option.

At 10 years or 100,000 miles, Hyundai has one of the best powertrain warranties available.

2020 Toyota Yaris Sedan


2019 Toyota Yaris Sedan

Base price: $16,605

With an admirable combination of overall quality and value for the subcompact class, Toyota Yaris is definitely worth considering. Great fuel efficiency and a long list of standard features make this car a fine choice.

A 106-horsepower 1.5-liter four-cylinder engine produces a respectable amount of power for the city drive, but for those doing a lot of highway driving it may feel a bit sluggish. The standard six-speed manual delivers 30 mpg in the city and 39 mpg on the highway.

The National Highway Traffic Safety Administration gave the 2019 Toyota Yaris 4 out of 5 stars in the frontal crash and rollover tests.

It is a practical, affordable and efficient car.

2020 Honda Fit


2020 Honda Fit

Base price: $17,120

A redesigned Honda Fit is on its way with its proven reliability. This small, affordable car may surprise you with a spacious back seat and more cargo space than you’d expect.

Useful features like Bluetooth compatibility and LED brake lights are available in every Fit. This hatchback’s multi-way folding back seat provides great versatility.

The base Fit offers a 7-inch touchscreen and Bluetooth audio and phone connectivity.

With a smooth ride quality and a very fuel-efficient engine, Honda Fit is a practical and versatile car.

Still, some sacrifices had to be made to get the bargain pricing. The engine is loud at highway speeds and you’ll have to upgrade to get Apple CarPlay, Android Auto and advanced safety tech.


2020 Chevrolet Sonic

Base price: $17,595

With more power than the Spark, the 2020 Sonic might satisfy your driving needs. Its turbocharged engine produces 138 horsepower and 148 lb-ft of torque at lower fuel efficiency than the Spark.

All Sonic models now come with a six-speed automatic transmission.

This compact car has nearly the same amount of equipment as more expensive models. Standard technology includes a built-in 4G LTE hotspot, Android Auto and Apple CarPlay connectivity.

A comfortable and quiet ride, spacious cabin and cargo area, and a smartphone-friendly technology make Chevy Sonic definitely worth a look.

2020 Volkswagen Jetta


2020 Volkswagen Jetta

Base price: $18,895

There is much to like about the Jetta. A handsome new look, fuel economy, nice high-tech interior, good safety record – take your pick.

The standard engine generates a modest 147 hp and an impressive 184 lb-ft of torque. A 30 mpg city/40 mpg highway rating is excellent for a non-hybrid car.

This compact luxury car is a solid choice since base versions offer enough power and refinement for comfortable driving. A spacious rear seat makes this car comfortable for passengers in the back.

Bear in mind that the advanced safety gear is optional in the base model, but you can get it at a reasonable price (around $500).

The Jetta was rated 5 stars overall by the NHTSA.