Lotus Europa
August 19, 2013

Most Affordable Used Cars

By Andrea

Barron’s Jack Hough, MarketBrief host Caroline Woods, Barron’s Jack Otter and Barron’s Ben Levisohn action their advance account for the advancing week.

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Purchasing a new car will consistently be pricier than a acclimated one, but that doesn’t necessarily beggarly there aren’t affordable options available. The boilerplate amount of a new car is about $37,000, according to the online automotive resource Edmunds.


For this reason, the analysis lath narrowed bottomward a array of cartage that won’t breach the bank. It turns out that if you appetite to aerate your savings, you should opt for a action account vehicle, auto or hatchback. There are alike a few electric cars accessible beneath the boilerplate threshold.

Here are the nine cartage that fabricated it assimilate the analysis board’s “Most Affordable Cars for 2020.”

The 2020 Chevrolet Bolt EV (Chevrolet)

Price range: $37,890 to $38,020

Miles-per-gallon-equivalent: 119 (combined)

Number awash in 2019: 16,418

It’s no abstruse that electric cars are pricy. However, there are a few models out there that are cheaper than Tesla’s new Archetypal 3, which can amount up to $56,990. The 2020 Chevrolet Bolt EV makes the cut as one of the best affordable electric cars on the bazaar with a ambit that can ability up to a 259-mile range, according to Edmunds. There were 16,418 Bolt EVs awash in 2019.


The 2019 Hyundai Ioniq Electric (Hyundai)

Price range: $31,235 to $36,284

Miles-per-gallon-equivalent: 135 (combined)

Number awash in 2019: 19,574

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The best accepted electric car on this account is additionally the added best affordable in the category. Enter the Hyundai Ioniq Electric. Edmunds acclaimed that the 2019 archetypal is the one that offers amount and versatility in performance, advice and ball appearance and breadth that can ability up to 124 miles. The Ionic Electric’s foldable rear basement was cited as an added perk. However, the better con is the car’s bound availability. It’s currently alone accessible in California.

Despite the limitation, the Ioniq Electric had a auction access of 29.8 percent, activity from 15,076 to 19,575 in 2018 and 2019, respectively.

The 2020 Chevrolet Travers (Chevrolet)

Price range: $30,995 to $41,998

Miles-per-gallon: 21 (combined)

Number awash in 2019: 147,122

The best accepted car in this baronial absolutely isn’t the cheapest. However, the Chevrolet Traverse is an SUV that offers the best allowance for the money with its three-row seating. It’s still added affordable than its three-row competitors for 2020 – the Toyota Highlander and Honda Pilot – which amount up to $48,800 and $49,620, respectively. To get Chevy’s Traverse at the everyman amount point, you’re activity to accept to do some digging, according to Edmunds, due to abounding dealers not accustomed the bargain L trim. Though, the added assignment may be account it to get this quiet SUV with its V6 engine.

In 2019, there were 147,122 Traverses sold.


The 2019 Nissan Leaf (Nissan)

Price range: $30,885 to $35,878

Miles-per-gallon-equivalent: 112 (combined)

Number awash in 2019: 12,365

The price-friendliest electric car on this account is the Nissan Leaf. Particularly, Edmunds acclaimed that the 2019 archetypal offers quiet operation, quick dispatch and abetment appearance for driving. Though, the tradeoff for the amount agency bound breadth and burden amplitude compared to added electric cartage on the market. There were 12,365 Leafs awash in 2019.

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The 2020 Hyundai Santa Fe (Hyundai)

Price range: $26,995 to $32,091

Miles-per-gallon: 23 to 25 (combined)

Number awash in 2019: 127,373

The Hyundai Santa Fe is accession accepted aces for SUV lovers for its ample autogenous and a amount point that is added affordable than the Chevrolet Traverse. There were 127,373 Santa Fes awash in 2019, which is an 8.8 percent access from the antecedent year. Edmunds cited the Santa Fe’s noise-reducing glass, collapsed rear seats and adaptive cruise ascendancy as some of its best features. However, the analysis lath acclaimed that prioritizing the abject model’s bargain agency clearing for a 2.4-liter engine.

The 2020 Kia Soul (Kia/Hyundai)

Price range: $17,485 to $22,045

Miles-per-gallon: 27 to 30 (combined)

Number awash in 2019: 98,033

Getting the best affordable SUV on this account additionally agency a downgraded tradeoff in the amplitude department. And that’s what you get with the Kia Soul, admitting its taller body makes up for its bunched size, according to Edmunds. The 2020 redesign provides able commuter basement and burden amplitude back compared to the blow of the auto SUV category. Edmunds cited the Soul’s 147-horsepower agent as a advantage as well.

In 2019, there were an absorbing 98,033 Kia Souls sold.


The 2020 Nissan Versa (Nissan)

Price range: $15,625 to $18,393

Miles-per-gallon: 30 to 35 (combined)

Number awash in 2019: 66,596

The alone auto to accomplish this baronial is the Nissan Versa. Antecedent models were decidedly cheaper, according to Edmunds, but the analysis lath said the avant-garde redesign for 2020 is account the amount hike. The new appearance accommodate keyless entry, powered windows, a stronger agent and trendier style. Edmunds additionally said the Versa is congenital with a ample autogenous and ample trunk. There were 66,596 Versas awash in 2019.

The 2020 Mitsubishi Mirage (Mitsubishi)

Price range: $14,790 to $16,768

Miles-per-gallon: 36 to 39 (combined)

Number awash in 2019: 26,966

Taking added abode on this account for the best affordable car is the Mitsubishi Mirage. This auto has an bend in agreement of class mileage, extensive up to 39 afar on a distinct gallon. However, Edmunds acclaimed that the Mirage’s cheaper amount point agency a beneath able agent for drivers that convenance casual and amalgamation maneuvers. Despite this, the Mirage’s assurance provides 10-year and 100,000-mile coverage.

In 2019, there were 26,966 Mirages sold.


The 2020 Chevrolet Spark (Chevrolet)

Price range: $14,095 to $16,888

Miles-per-gallon: 33 (combined)

Number awash in 2019: 31,281

The car that has snagged aboriginal abode as the best affordable is none added than the Chevrolet Spark. This bunched auto is a fit for drivers that don’t charge a lot of amplitude for basement or cargo. It’s additionally not the fastest car available, but that’s the cede that comes with the cost, according to Edmunds. However, the Spark offers added admired perks, including maneuverability, abundant ammunition economy, a seven-inch touchscreen and Wi-Fi hotspot in accession to smartphone connectivity.

The Spark’s sales jumped by about a third in 2019 with 31,281 sold. In 2018, there were alone 23,602 sold.

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