You don’t have to compromise on quality or features when you’re shopping for a car on a budget. There are plenty of affordable options that offer great value, reliable performance, and modern amenities – all for under $20,000.
Whether you’re a first-time buyer, need a second car, or just want to save money, here are the vehicles that prove you don’t need to break the bank to drive something stylish and dependable.
Hyundai Accent
Sleek design, comfortable interior, and excellent fuel efficiency mean the Hyundai Accent consistently ranks as one of the most affordable cars on the market. This compact sedan is perfect for budget-conscious drivers, but it doesn’t fall short on modern features like a touchscreen display and smartphone compatibility.
Its reputation for reliability ensures you’ll spend less on repairs over the years. From $17,740.
Kia Rio
The affordable price tag of the Kia Rio doesn’t mean it skimps on features or safety. The versatile subcompact is available as a sedan or hatchback, and a user-friendly infotainment system with Apple CarPlay and Android Auto comes as standard, along with safety features like forward-collision warning.
Low ownership costs and a generous warranty make it an excellent pick. From $17,875.
Nissan Versa
The Nissan Versa offers great fuel economy and plenty of tech features. A spacious interior and refined ride make it feel more upscale than its price tag suggests.
Standard safety features like automatic emergency braking and lane departure warning add peace of mind. The Versa proves you can get a stylish, reliable car without overspending. From $16,130.
Toyota Corolla Hatchback (Used)
Packed with features and boasting Toyota reliability, there’s a huge choice of secondhand Corolla Hatchback models for under $20,000. Its agile handling and efficient engine make it fun to drive, while the interior offers plenty of space for passengers and cargo. Standard safety features include adaptive cruise control and lane-keeping assist. From $18,800 for 2023 model.
Honda Fit (Used)
Honda Fit is no longer produced in the US, but used models under $20,000 remain a fantastic deal. Renowned for its “magic seat” feature, the versatile Fit allows for versatile cargo configurations – ideal for city dwellers or small families. Reliable performance and outstanding fuel efficiency in a small, affordable package. Recent models typically $15,000 to $20,000.
Chevrolet Spark
The subcompact Chevrolet Spark offers excellent fuel efficiency and a nimble design that’s perfect for city driving – and it’s one of the cheapest cars on the market,
Touchscreen infotainment system and smartphone connectivity come as standard. It’s an ideal choice for first-time buyers or anyone who wants a simple, practical car without spending a fortune. From $14,595.
Mitsubishi Mirage
Low running costs and easy maneuverability are the hallmarks of the Mitsubishi Mirage – one of the most affordable cars available. Exceptional fuel economy adds to its appeal. This subcompact hatchback comes with a touchscreen and Bluetooth connectivity. Affordable pricing and long warranty make it an excellent option for those who want no-frills transportation. From $16,695.
Hyundai Venue
Sneaking in under the $20,000 mark is the Hyundai Venue – a compact crossover with style and practicality. Its boxy design maximizes interior space, while features like Apple CarPlay and Android Auto keep things modern.
A high seating position and excellent visibility make it a great choice for city driving. With a strong reputation for reliability and a long warranty, it’s a bargain. From $19,900.
Kia Soul (Used)
If you’re looking for practicality, the boxy shape of the Kia Soul provides plenty of cargo space – and makes it a favorite for small families and active lifestyles.
Despite its affordability, the quirky Soul gets touchscreen display and smartphone integration as standard, along with impressive fuel efficiency and a smooth ride. Average used price $16,665.
Mazda3 (Used)
Are you looking for a premium driving experience with refined handling, upscale interior, and stylish design?
A new Mazda3 would set you back over $20,000, but low-mileage used models fall comfortably within budget. Available as a sedan or hatchback, advanced safety features and impressive reliability make it a standout in the affordable compact car market. Recent models from $18,000.
Subaru Impreza
All-wheel drive comes as standard on the Subaru Impreza – a rarity for budget-friendly cars. It makes for excellent handling in snow, ice or rain. Available as a sedan or hatchback, you get a comfortable ride and solid fuel economy. Advanced features include adaptive cruise control. Few cars under $20,000 offer as much versatility. From $19,795.
Ford Maverick
Squeezing in at five bucks under $20,000 is the Ford Maverick base model. This compact pickup truck comes with a hybrid powertrain, making it incredibly fuel-efficient. The Maverick offers impressive versatility, with a practical bed and a comfortable interior.
Whether you’re a weekend warrior or need a truck for light-duty tasks, the Maverick proves you don’t have to spend big for capable performance. From $19,995.
Volkswagen Jetta (Used)
Excellent fuel economy and a comfortable cabin with European style and engineering make the Volkswagen Jetta an attractive option. its spacious interior and smooth ride are ideal for daily commuting or long road trips. Standard features include a touchscreen infotainment system.
The Jetta combines practicality with a touch of sophistication. Recent used examples from $17,000.
Nissan Sentra (Used)
Its sleek design and spacious interior make the Nissan Sentra a good choice for budget-conscious buyers. It’s a reliable and stylish sedan that feels more premium than its price suggests.
With impressive fuel economy and standard safety features like blind-spot monitoring, the Sentra delivers value at every turn. Average recent used price $16, 600.
Toyota Yaris (Used)
The evergreen Toyota Yaris remains a solid option for those seeking a dependable, budget-friendly car. Used models under $20,000 offer excellent fuel efficiency, nimble handling, and Toyota’s rock-solid reliability. Yaris’s compact size makes it ideal for city living. It’s a no-nonsense car that gets the job done. Recent models typically range from $12,000 to $16,000.
Honda Civic (Used)
Known for its reliability, fuel efficiency, and comfortable ride, the Honda Civic is the perfect daily driver. With a reputation for longevity, you’ll find plenty of used options under $20,000 that feel almost new and provide outstanding value.
Its sleek design and fun-to-drive nature make it a favorite for both young drivers and seasoned commuters. Recent models typically start at $18,000.
Fiat 500
The retro-inspired styling turns heads, while its compact size makes parking a breeze – welcome to the world of the Fiat 500. It offers Italian style and charm at an affordable price. Despite its small footprint, the Fiat 500 boasts a surprisingly comfortable interior with modern tech like Bluetooth connectivity. It’s perfect for city dwellers who value style and practicality on a budget. From $16,495.
Chevrolet Sonic
Versatility is the name of the game with the Chevrolet Sonic, which delivers big value in a small package. Available as a sedan or hatchback, it offers a comfortable interior and plenty of cargo space for its size.
Standard features include Wi-Fi hotspot capability. Its affordable price makes the Sonic a smart choice for those seeking an economical and enjoyable ride. From $16,720.