Looking To Buy A Car This Year? Consider One Of These To Save Some Money
With each passing year, automakers strive to outdo one another in launching cars that offer good value for money without compromising on either performance or features. But not every affordable car is a good car.
Today, we will have a look at all those vehicles released this year that offer the best bang for the buck. These cars might not be the fanciest out there, but they get the job done without breaking the bank. From sporty performance vehicles to reliable family haulers, we've picked out the ones that stand out for being both affordable and awesome. Continue reading to learn more about these economical but quality vehicles.
Nissan Versa: $17,530
The 2024 Nissan Versa is available in three trim levels, all of which offer a compelling package with an inviting cabin, a spacious 14.7 cu ft trunk and generous safety features, including standard automatic emergency braking and lane-departure warning.
While the Versa may lag in acceleration and rear-seat space, it's still the clear choice in the subcompact sedan category, which has unfortunately shrunk to just 2 cars – the other being Mirage G4. The Versa also has a larger 1.6L 4-cylinder engine, compared to the G4's 1.2L 3-cylinder engine.
Mitsubishi Mirage: $17,790
With the entire lineup priced below $20k, the 2024 Mirage offers value like none other. Besides the low cost of ownership, it has an impressive fuel economy, delivering 43 mpg on highway, and one of the best warranties in the industry, with 10-year/100,000-mile powertrain coverage.
Compared to its main rival, the Nissan Versa, the Mirage also offers more rear seat legroom. Inside, it features a clean modern design with a comfortable driver's seat and straightforward controls. The top-most SE trim even includes heated front seats and keyless ignition.
Kia Forte: $21,145
The 2024 Forte boasts a competitive sticker price, a generous list of standard features, and a charming sporty exterior. Though its 147-hp 2L inline-4 engine falls short in performance when compared to rivals, the top-tier 200-hp GT trim is there to solve that issue as well.
Nevertheless, for buyers seeking a well-equipped compact sedan at an affordable price, the Forte offers a comfortable and easy-to-drive experience that's perfect for daily commuting. It also offers great fuel economy and a class-leading warranty.
Hyundai Venue: $21,275
The most affordable model within the brand's SUV lineup, the 2024 Venue offers a compact yet versatile option for budget-conscious buyers. While its modest 121-hp engine fails to excite, Hyundai compensates that with fuel efficiency.
On the inside, the Venue surprises with a surprisingly spacious interior with ample headroom and excellent visibility, despite its compact dimensions. It also boasts an impressive array of standard safety features and comes with a user-friendly 8.0-inch touchscreen with Apple CarPlay and Android Auto integration.
Chevrolet Trax: $21,495
Redesigned for 2024, the Chevrolet Trax now offers increased space, a completely redesigned interior, and upgraded safety features to further enhance its value proposition in the subcompact segment. Though equipped with a meager 137-hp turbocharged three-cylinder engine, it offers good fuel economy and reliable performance.
The most notable highlight, however, is the improved rear legroom and cargo space compared to its predecessor. This is the case even though the sticker price is lower than the outgoing model. The exterior was also refreshed, and it now resembles its attractive sibling – the mid-size Blazer.
Kia Soul: $21,565
With its distinctive box-like styling and a remarkable interior space for its compact footprint, the Kia Soul is an ideal choice for urban driving. Despite its modest 147-hp engine, the Soul delivers adequate performance for city driving due to its excellent maneuverability and ease of parking in tight spaces.
Inside the cabin, the Soul offers comfortable seating for both front and rear occupants, with ample leg and headroom. Its cargo room also surpasses many small crossover SUVs, such as the Subaru Crosstrek and Mazda CX-30.
Nissan Sentra: $22,030
Equipped with a meager 149-hp 2L inline-4 engine paired with a CVT, the Sentra does not offer the same level of engagement as some sportier rivals, but it does deliver a solid fuel economy. In addition to that, its upscale cabin and user-friendly interior rivals more expensive models like the Mazda 3.
The Sentra also excels when it comes to comfort, thanks to its four-wheel independent suspension and Nissan's Zero Gravity front seats. It also boasts a generous array of standard features and driver aids.
Nissan Kicks: $22,440
Nissan's smallest and most affordable crossover, the 2024 Kicks stands out in the competitive subcompact SUV segment (if you can overlook its modest 122-hp powertrain). Despite its compact size, the Kicks has a surprisingly spacious interior with ample headroom, generous rear-seat space, and a plentiful cargo area.
It also comes equipped with a comprehensive suite of safety features, including automatic emergency braking, lane-departure warning, and forward-collision warning. Opting for higher trims expose you to luxuries like heated front seats and heated steering wheel without burning a hole in your pocket.
Volkswagen Jetta: $22,660
The 2024 Jetta is powered by a turbocharged 1.5-liter four-cylinder engine, mated to either a six-speed manual or an eight-speed automatic transmission. Regardless of the trim level, all Jettas deliver excellent fuel economy.
The base model achieves an EPA-estimated 41 mpg highway with the automatic transmission and 42 mpg highway with the manual one. Besides performance, all Jettas offer a spacious interior with plenty of space for both the passengers and the cargo, as well as a smooth and quiet ride.
Hyundai Elantra: $22,775
The 2024 Elantra stands out in the competitive compact sedan segment by offering ample space for both passengers and cargo. And despite its affordable tag, the base trim features several interior enhancements including soft-touch front door panels, which give it a more upscale feel.
The Elantra also offers an extensive trim variety, from hybrids to high-performance models, to cater to various preferences and driving styles. It also impresses with its growing list of safety features, as well as Hyundai's remarkable 10-year/100,000-mile warranty.
Toyota Corolla: $23,145
Retaining its status as the top-selling compact sedan in the US, the 2024 Corolla continues to uphold its reputation for reliability, practicality, and value. Besides the affordable sticker price, the gas trims achieve 40 mpg on the highway, while the hybrid goes up to 50 mpg.
Inside, the Corolla offers a spacious, comfortable cabin with high-quality materials. The infotainment system is decently loaded, and you also have advanced driver-assistance technologies ranging from adaptive cruise control to lane-keeping assist and more.
Buick Envista: $23,495
A new addition to Buick's crossover lineup, the 2024 Envista comfortably seats five passengers in a remarkably decent interior while delivering a smooth, serene, and quiet ride. All trims come standard with an 8-inch digital instrument cluster, an expansive 11-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto connectivity, imitation-leather upholstery, and automatic climate control.
Though the 1.2L turbocharged three-cylinder engine fails to excite with its 136-hp output, the Envista will reliably and confidently take you from A to B, while also captivating onlookers.
Subaru Impreza: $24,115
The 2024 Subaru Impreza might not offer the same fuel efficiency and performance as some of its rivals, but it stands out for its practicality. This model has a spacious and comfortable cabin that also has abundant cargo room when the rear seats are folded down.
The Impreza is also known for its all-wheel-drive capability and top safety ratings. Moreover, it comes with Subaru's EyeSight system that offers a number of advanced driver-assistance features, including the capability to automatically steer away from collisions at speeds under 50 mph.
Chevrolet Trailblazer: $24,395
The 2024 Trailblazer impresses not just with its striking design but also with its spacious cabin. It has a substantial cargo capacity and a spacious second row. Visibility is excellent from the driver's seat, and there is an Activ trim for those seeking adventure beyond the pavement.
Under the hood, you have a choice between two turbocharged three-cylinder engines. The base 1.2L engine delivers a modest 137 hp, while the upgraded 1.3L engine offers a slightly more 155 hp. If you can make peace with these figures, it's a good vehicle.
Honda Civic: $25,045
The Civic has been one of America's most beloved cars for decades, thanks to its winning combo of attractive design, spacious interior, enjoyable driving dynamics, and top-notch reliability.
While the base trims are ideal family haulers – with more rear legroom than key competitors – the turbocharged models deliver impressive performance. Precise steering and agile handling is standard across the lineup. For enthusiasts, the Civic Si offers an exhilarating experience with 200 horsepower and the high-performance Type R leaves rivals in dust with its 315-hp engine and track-tuned suspension.
Mazda Mazda3: $25,335
The 2024 Mazda3 faces a tough time in its highly competitive segment – the Honda Civic, for instance, offers a vastly improved interior with plenty of sporty variants and the Hyundai Elantra offers an affordable sticker price with a generous warranty – it still manages to hold its own.
In line with the brand reputation, the Mazda3 stands out for its engaging driving dynamics and super-agile handling. Coupled with its sleek and elegant styling inside out, the Mazda3 ranks among the most desirable choices in the compact category.
Ford Maverick: $25,410
The most affordable pickup in the US, the 2024 Maverick is positioned below the Ranger in Ford's lineup. Despite its compact size, the Maverick can tow up to 4000 pounds and haul a payload of up to 1500 pounds in its bed.
Under the hood, it comes standard with a 250-hp turbocharged 2L four-cylinder engine and front-wheel drive. All-wheel drive is optional and so is a fuel-efficient hybrid powertrain. On the inside, the Maverick has a well-appointed cabin with plenty of upscale features, making it a compelling option.
Volkswagen Taos: $25,420
Positioned below the popular Tiguan, the Taos joined Volkswagen's lineup in 2022 as its smallest and cheapest SUV. It quickly strengthened itself as a worthy competitor in the small crossover segment due to its sporty driving experience and ample cargo space.
Boasting a 158-hp turbocharged engine with precise steering and a well-tuned suspension, the Taos offers agile and refined road manners. In addition to that, it has an upscale exterior styling as well as a spacious, quiet, and well-equipped interior with user-friendly controls.
Hyundai Kona: $25,625
Redesigned for 2024, the Hyundai Kona blends sharp and appealing exterior with a comfortable, spacious, and well-equipped interior. The cargo space is also one of the best in class.
Under the hood, buyers can choose between a standard 147-hp four-cylinder and a potent 190-hp turbocharged four-cylinder. On the inside, the Kona boasts a user-friendly interface, featuring a 12.3-inch touchscreen and intuitive menus. Apple CarPlay and Android Auto connectivity is standard, and so is a host of safety and driver-assist technologies.
Kia Seltos: $25,865
Placed between the smaller Soul and the larger Sportage, the Kia Seltos features a spacious interior, generous cargo capacity, and an attractive design complemented by vibrant paint options. This makes the Seltos a practical and stylish contender in its class.
While the base engine may leave something to be desired, the optional turbocharged four-cylinder can deliver 200 horses to give you the excitement you need. The 2024 iteration also introduces several enhancements, including a new eight-speed transmission and additional safety features.
Honda HR-V: $25,950
One of the bestselling small crossovers in the US, the HR-V is Honda's smallest and most affordable SUV. To maintain its rank in the crowded subcompact segment, Honda redesigned it last year. The HR-V now has an upscale European-inspired exterior and a spacious high-tech cabin with a digital instrument display and a large touchscreen.
But where it really shines is its agile handling, precise steering, and super-smooth ride, courtesy of its independent rear suspension. It also has generous rear legroom, practical cargo space, and class-leading safety ratings.
Subaru Legacy: $26,015
The 2024 Subaru Legacy emerges as a versatile midsize sedan perfect for families. With five trim levels offering a choice between two engines and a wealth of standard features including AWD, it caters to diverse preferences.
Inside, the Legacy impresses with its spacious, cozy, and well-equipped cabin even at the base level. Subaru's EyeSight driver-assist system – that uses surround cameras to monitor the road and alert drivers to potential collisions – is standard across the lineup. So is Apple CarPlay, Android Auto, and a lot of other features.
Chevrolet Malibu: $26,195
A stalwart in the Chevy lineup since the 1960s, the Malibu boasts a spacious interior, a sizable trunk, and a generous array of standard features. The turbocharged 1.5L engine is not as thrilling as that of rivals, but delivers respectable fuel efficiency.
Inside, the Malibu offers a user-friendly infotainment system with an 8-inch display screen and a comfortable cabin with supportive front seats and adequate rear legroom. It also offers wireless Apple CarPlay and Android Auto integration, along with a host of advanced driver-assist technologies.
Mazda CX-30: $26,370
For those seeking driving enjoyment in the subcompact SUV segment, the 2024 Mazda CX-30 stands out. Thanks to its potent 191-hp 2.5-L four-cylinder engine and sporty suspension tuning, it is surprisingly fun to drive. Even if that's not enough, you can opt for optional 250-hp turbocharged 2.5-L four-cylinder for added thrill.
Besides performance, the CX-30 offers a sleek exterior and an upscale, almost-luxurious interior. The only area this subcompact could have done better is cabin space. But can you really complain?
Subaru Crosstrek: $26,540
The 2024 Subaru Crosstrek, now in its third generation, maintains its adventurous spirit with updated styling and enhanced practicality. With ample ground clearance and standard all-wheel drive, this compact crossover is meant for dirt trails.
On the inside, it features a new 11.6-inch infotainment screen on all trims except the base version. It also has supportive front seats and enhanced sound insulation for a quiet and serene experience. All in all, the Crosstrek offers a winning mix of capability and comfort for outdoor enthusiasts.
Kia K5: $26,745
Introduced in 2021 as a successor to the Optima, the Kia K5 faced high expectations, and fortunately exceeded all of them. Equipped with a 180-hp 1.6L I4 Turbo engine, the K5 delivers a sporty performance to match its exterior styling.
In addition to the striking looks, the K5 sets itself apart by offering all-wheel drive (a feature rarely found in its segment), spacious seating and ample trunk space, before topping it all with an affordable sticker price.
Mini Cooper: $26,795
Maintaining its historic legacy, the 2024 Cooper has appealing retro styling, upgraded tech, and pleasing road manners. The standard 134-hp turbo three-cylinder engine may not be exciting enough for many buyers, but this vehicle has a loyal fanbase who'll never cease to appreciate it.
While the standard setup is a three-door hatchback, you can also get a five-door hatchback and a convertible – all of which feature the same time-tested iconic styling that’s characteristic of the brand. You also have a wide variety of customization options as well.
Buick Encore GX: $26,895
The 2024 Encore GX is a compact crossover positioned as an entry-level luxury option in the Buick lineup. It features a premium interior with a range of modern amenities, most notably a new digital cockpit with an 11-inch infotainment touchscreen and an 8-inch digital instrument cluster.
The Encore GX provides a comfortable and quiet ride with ample passenger and cargo space, making it a compelling option for those looking to have a luxurious experience… without the budget for one.
Nissan Altima: $27,140
The 2024 Nissan Altima offers a choice between two engines: a 2.5L four-cylinder generating 188 horsepower and a turbocharged 2L four-cylinder producing 248 horses. As a midsize family sedan, the Altima offers a spacious interior with ample room for both passengers and cargo.
The 2024 iteration now includes Nissan Safety Shield 360 – a suite of semi-automated safety features – as standard across all trim levels. It also maintains its strong reputation for fuel efficiency to appeal to budget-conscious consumers.
Jeep Compass: $27,495
The Jeep Compass comes standard with some of the key features buyers look for in a compact SUV. This includes AWD, a 200-hp turbocharged four-cylinder engine, and an 8-speed auto transmission. And since it's a Jeep, you can expect the same out-of-the-box ruggedness and capability that’s typical of the brand.
On the inside, the Compass boasts a well-equipped cabin, featuring a 10.1-inch touchscreen with navigation, wireless Apple CarPlay and Android Auto integration, and natural voice recognition.
Toyota Camry: $27,515
With 13 trim levels available, there's a Camry for every buyer – no matter if you’re looking for a basic commuter, a sporty sedan, or a luxurious cruiser. The standard 2.5L four-cylinder engine delivers a respectable 203 hp to the front wheels. For those desiring more, the V6 delivers a robust 301 hp… and for those prioritizing fuel efficiency, the Hybrid models return 52 mpg combined.
Across all trim levels, the Camry ensures a comfortable and refined driving experience, generous passenger space in both the front and rear seats, and a comprehensive suite of safety features.
Chevrolet Equinox: $27,995
There's nothing special about the 2024 Equinox. It has lethargic acceleration due to an underpowered 175-hp turbo four-cylinder engine mated with a dull automatic transmission. It also has a lackluster and uninspiring interior. Yet it’s one of the most selling nameplates of the brand.
Why? Well, it’s huge… and it’s very, very affordable. The Equinox offers more-than-ample space for both the passengers and the cargo, besides also offering a comfortable ride quality. And don’t forget that it costs way less than any rival in the segment.
Hyundai Santa Cruz: $28,275
Hyundai offers the Santa Cruz with two engine choices: a meager 191-hp four-cylinder or a potent 281-hp turbo-four. The higher trims equipped with the latter engine provide zippy performance and come with all-wheel drive as well. Added to that are advanced tech and upscale interiors.
The compact pickup is based on the Hyundai Tucson, so it rides more like an SUV. But fortunately, it can handle everyday truck tasks as well with its sturdy compact bed and a reasonable 5000-pound tow rating. All in all, it offers a balanced mix of driving comfort and practicality.
Subaru Forester: $28,440
When it comes to affordable off-roading, the 2024 Subaru Forester stands out in the compact crossover segment. Though the 182-hp four-cylinder engine may lack power for some drivers, the standard all-wheel drive makes up for that by enhancing traction for those looking to venture outside.
The Forester also provides a quiet and comfortable ride with its spacious back seat and ample cargo area. It is also equipped with plentiful driver-assist technologies across all trims to ensure safety during your adventures.
Kia Sportage: $28,565
The 2024 Sportage comes equipped with a 187-hp four-cylinder engine mated to an eight-speed automatic transmission in either front- or all-wheel drive. Prioritizing cabin space over everything else, the compact crossover offers ample rear legroom as well as 40 cubic feet of cargo space behind the second row.
For the 2024 iteration, Kia has introduced standard airbags for the rear seats and LED projector headlights across all models. On the tech side, the Sportage includes an 8.0-inch infotainment display and a digital gauge display as standard features.
Hyundai Sonata: $28,650
Refreshed for 2024, the Sonata has seen significant changes inside out.
The exterior is now more appealing and the interior is more upscale, with a standout feature being the introduction of two 12.3-inch infotainment touchscreens seamlessly integrated into a single curved display mount.
On the mechanical front, Hyundai has expanded the available options by introducing all-wheel drive, though it can only be had with higher trims. The lineup starts with a 192-hp 2.5L four-cylinder and goes all the way up to a potent 290-hp turbo four.
Hyundai Tucson: $28,875
The 2024 Hyundai Tucson features a standard 187-hp 2.5L four-cylinder engine paired with an 8-speed automatic transmission in either FWD or AWD. For more pep, you can opt for the hybrid or PHEV version.
While not focused on performance, the Tucson offers a comfortable ride and composed handling… in addition to a stylish exterior and practical cabin. Entry-level models are well-equipped, while higher trims offer an almost luxurious feel. For 2024, the Tucson has added new safety enhancements, making it a good family hauler.
Honda Accord: $28,990
Standing its ground in the midst of the SUV era, the Accord continues to be the top choice in its class. It offers an appealing exterior, a spacious cabin, a generously proportioned trunk, and a suite of modern infotainment features.
While the base models are equipped with a 192-hp turbocharged 1.5L four-cylinder engine, the majority of variants come with a fuel-efficient four-cylinder hybrid configuration. Regardless of the trim level, all Accords offer refined driving dynamics with precise steering, well-tuned suspension, and predictable handling.
Toyota Prius: $29,045
The redesigned Toyota Prius aims to break its previous stereotypes by offering a robust performance along with a stellar fuel efficiency. Delivering 194 horses in the base trim, and with an optional all-wheel drive available, the 2024 Prius makes no compromises of any kind.
And yes, with an EPA-estimated 56-mpg highway rating, it achieves better fuel economy than its predecessors… and has enhanced driving dynamics as well. To top it all, it also looks appealing with its refreshed exterior.
Nissan Rogue: $29,810
The 2024 Nissan Rogue impresses with its exceptional comfort and super-smooth ride. Under the hood, you have a 201-hp 1.5L turbocharged three-cylinder engine that delivers pep without compromising on fuel economy.
On the inside, you see a lot of attractive materials and modern technology. While the base trim has an 8-inch infotainment with Apple CarPlay and Android Auto, the top trims feature a 12.3-inch infotainment with Google-based software. Every trim also comes equipped with a host of driver assistance features.
