The average cost of a new vehicle eventually got past the $40,000 mark in the year 2020. With an average household income of approximately $68,000 in the year 2019, it is hardly surprising that lots of folks are searching for a new vehicle which will not force them to shell out a considerable amount of money in the long run. Fortunately, you will come across quite a few affordable cars right now that will fit within your budget. In this post, we have mentioned some of the most affordable vehicles this year.
1. 2021 Hyundai Elantra
Even though it is fact that it is possible to cover a mediocre automobile with aggressive styling, the same cannot be said about this vehicle mentioned here. The 2021 Hyundai Elantra can boast of having both style as well as substance that helps to make it one of the most inexpensive and compact sedans on the market right now. The presence of funky styling both inside as well as outside will make this car stand out from the rest. The base Elantra SE features furnishings such as an innovative 8” touchscreen with Android Auto and wireless Apple CarPlay, an extensive range of active as well as passive safety systems, together with a 147 HP I4 gas engine as well.
2. Hyundai Veloster
In case you love driving hatchbacks, then there is no doubt about the fact that you will like the Hyundai Veloster. Although the base engine happens to be a 147-hp inline-four, the model is nevertheless an inexpensive 3-door sedan with a sharp appearance and nimble handling. This vehicle mentioned here happens to be the front-wheel drive that comes with a 6-speed manual. Its inside is snug and can boast of having a cargo space of 20 cu ft under the hatch. Although not as roomy as the Volkswagen Golf, it is almost the same as what is obtainable with the pricier Mazda 3 hatchback. Hyundai Veloster features a less powerful engine which receives average fuel economy. Despite the fact that it features a meh interior lacking scoot juice, the Veloster is surely a bargain for all those who love driving.
3. Subaru Impreza
It is the standard all-wheel drive which helps to make Subaru Impreza one of the most inexpensive AWD vehicles on the market right now. Power is derived from a cutting-edge 152-hp flat-four featuring a 5-speed manual transmission. In case the question arises in your mind regarding whether the Impreza happens to be the most exciting powertrain, the answer will be no. However, the automobile is a flawless balance of fuel efficiency and power, along with an EPA-estimated highway fuel economy of 31 mpg. It is a fact that the vehicle lacks some standard safety features. As compared to the cheaper vehicles on this list, automatic emergency braking, forward-collision warning, as well as lane-keeping assist are optional features right here.
4. Kia Forte
This one is one of the top-selling models of the Korean brand. It might be due to its attractive appearance or its affordable cost. The base engine happens to be a 147 HP inline-four despite the fact that a turbocharged 201 HP is obtainable for the GT model. While a 6-speed manual transmission happens to be standard, the Forte is only provided in front-wheel drive. On the inside, the 8” infotainment screen is quite simple to use and features contemporary tech such as Apple CarPlay, Android Auto, and Bluetooth. Apart from this, the car receives remarkable gas mileage and comes with a bigger gas tank as compared to the Volkswagen Golf and Honda Civic which implies that it has the ability to travel in excess of 510 miles prior to coming back to a gas station.
5. Kia Soul
This one is a toaster-shaped compact-sized SUV which provides adequate space for cargo as well as passengers. It offers a cargo area of 62 cu ft while its back seats are down, and this helps to make it one of the roomiest automobiles on the market for under $20,000. The base model features a 147 HP inline-four as well as a 6-speed manual transmission. However, one main downside of the vehicle is that it happens to be front-wheel drive only. As a matter of fact, all-wheel drive is not provided on top trims as well. In case you would like to go for an inexpensive all-wheel drive, it will be a good idea to go for the Kia Seltos or the Impreza.
6. Hyundai Accent
Any individual who is of the notion that you will not get cool features by paying less is totally wrong. Just take a look at the impressive Hyundai Accent which is actually a 120 HP sedan coming standard with a 6-speed manual. And rather than wasting HP on minor performance gains, this updated 2020 and more recent versions now receive an EPA-estimated 40 mpg on the roadway. Although the interior of the Accent does not have the funkiness of the Rio or the Kia Soul, one cannot assert that it is not well constructed. You will come across a 5” infotainment screen which is equipped with Bluetooth; however, it does not have the facilities of Android Auto and Apple CarPlay. Although the Accent is not that formidable, it will help you to save a substantial amount of cash in the long run.
7. Nissan Versa
This vehicle is quite safe when it comes to safety as well as finances. As compared to the Hyundai accent, the Nissan Versa features front plus rear automatic emergency braking facilities, lane-departure notification, and automatic high beams. Besides this, it likewise makes use of a bigger 7” touchscreen for infotainment; however, it does not come with Android Auto and Apple CarPlay on its most inexpensive trim. The front wheels are powered by a revolutionary 122 HP inline-four along with a standard 5-speed manual transmission. It is a fact that folks shelling out around $20,000 for a Versa will be having almost the same horsepower, but with a mundane CVT. Even though the manual transmission happens to be noticeably worse in terms of fuel economy, it offers an EPA-estimated 36 mpg on the highway as compared to CVT’s 38 mpg.
