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Insights on money, career and trading

The Four Cheapest Cars on the Market

Posted on June 30, 2017 by Daniel at 2:16 pm

Cars represent a hefty household expense. Monthly notes for the loan can run several hundred dollars, insurance, parking, fuel and maintenance cost even more. There is a growing trend to spend more money on life experiences over things. Here are four of the cheapest cars on the market that won’t break the bank and will leave plenty over for experiences.

The Nissan Versa and the Nissan Versa Note have a base model price tag of just over $11,000. The Note model is a hatchback version and both models offer bigger trunks than you would ever expect fit into this rather small car. The editors at Cars.com also report that it delivers considerable roominess for its class and more ride comfort than they expected. It’s fuel economy is also pretty amazing and sure to delight your wallet. The Nissan Versa will deliver up to 40 MPGs on the highway which is pretty incredible for a sedan, even a small one.

The Chevrolet Spark stands as a budget-friendly vehicle choice with a starting price of just $13,000 for the base model. This car not only comes at a lower cost but also provides more interior space when compared to its primary competitors in the same class. Automotive experts particularly appreciate its “grown-up styling,” the unexpectedly robust multimedia system it comes equipped with, a range of safety features, and more. They deem it an excellent option for urban drivers. Additionally, the repair costs for Chevrolet vehicles are generally modest. This is attributed to the ease of sourcing spare parts and repair kits, such as Chevy Rebuild Kits, from suppliers at an affordable price. This affordability factor can be a significant advantage for Chevrolet owners when it comes to maintenance and repairs.

The smart ForTwo Pure is made by Mercedes-Benz, which is, of course, a brand few people consider inexpensive. But the Smart ForTwo is much different that what you’ve come to expect from Mercedes. The base model starts at $13,000 and really does deliver room for two. It’s called a microcar and delivers a cargo area and in-cabin experience as small as you imagine it to be.

Generations of Americans know they can depend on four. Cheap Americans can now depend on Ford too for a quality, inexpensive car. The Ford Fiesta’s starting manufacturer’s suggested retail price is $13,600. The Cars.com crew gives it an A for fuel efficiency, handling capability and the quality of its cabin. The vehicle didn’t earn high marks for its cabin space, cargo storage and seat comfort. But, if experience is what you’d rather spend your money on, it’s a fair buy that won’t have too grave an impact on your bank account.

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Insights on money, career and trading