When buying a new car, affordability is a key factor for many consumers. Whether you are a first-time car buyer or simply looking for a budget-friendly option, several choices are available in 2024. This comprehensive guide will explore the cheapest new car 2024, its features, fuel efficiency, and overall value.
Table of Biography for “Cheapest New Car 2024”
Attribute | Details |
---|---|
Keyword | Cheapest New Car 2024 |
Category | Automobiles, Budget Cars |
Target Audience | Budget-conscious buyers, first-time car owners, eco-conscious drivers |
Main Brands | Nissan, Mitsubishi, Kia, Hyundai, Chevrolet |
Starting Price | $17,840 – $21,495 |
Fuel Efficiency | 32 – 43 MPG |
Body Types | Sedans, Compact SUVs |
Key Features | Affordable pricing, fuel efficiency, latest safety features, compact design |
Competition | Used cars, hybrid/electric vehicles |
Market Demand | High due to rising fuel costs and inflation |
Best Use Case | Daily commuting, city driving, first-time buyers |
Why Choose an Affordable New Car?
Purchasing a new car has numerous benefits, including warranty coverage, reliability, and the latest technology. Opting for a budget-friendly vehicle doesn’t mean compromising on quality. Many manufacturers now offer well-equipped, efficient, and stylish cars at competitive prices.
Top 5 Cheapest New Cars of 2024
1. 2025 Nissan Versa – Starting at $18,330
The 2025 Nissan Versa holds the title as the most affordable new car available in the United States. It is an excellent choice for budget-conscious drivers prioritizing fuel efficiency and reliability.
- Fuel Economy: Up to 40 MPG on the highway
- Engine: 1.6L 4-cylinder, 122 horsepower
- Transmission: 5-speed manual or CVT automatic
- Features: Touchscreen display, Apple CarPlay, Android Auto, automatic emergency braking
- Pros: Low maintenance cost, spacious interior, advanced safety features
- Cons: Modest engine power, basic infotainment system
2. 2024 Mitsubishi Mirage – Starting at $17,840
For those looking for an ultra-affordable car with exceptional fuel efficiency, the 2024 Mitsubishi Mirage is a fantastic option. Although it has a smaller engine, it provides excellent mileage, making it ideal for city driving.
- Fuel Economy: Up to 43 MPG on the highway
- Engine: 1.2L 3-cylinder, 78 horsepower
- Transmission: 5-speed manual or CVT automatic
- Features: 7-inch touchscreen, Bluetooth connectivity, rearview camera
- Pros: Outstanding fuel economy, affordable maintenance, compact size for city driving
- Cons: Slower acceleration, minimal cargo space
3. 2024 Kia Forte – Starting at $21,145
The 2024 Kia Forte is a well-rounded sedan that offers excellent value for its price. With a stylish design and a more extended warranty, it is a step up from basic economy cars.
- Fuel Economy: Up to 41 MPG on the highway
- Engine: 2.0L 4-cylinder, 147 horsepower
- Transmission: CVT automatic
- Features: 8-inch touchscreen, wireless Apple CarPlay, Android Auto, adaptive cruise control
- Pros: Generous cargo space, solid build quality, long warranty
- Cons: Stiff ride quality; base model lacks some advanced features

4. 2025 Hyundai Venue – Starting at $21,395
The 2025 Hyundai Venue is the most affordable SUV, offering practicality and efficiency in a compact package.
- Fuel Economy: Up to 33 MPG on the highway
- Engine: 1.6L 4-cylinder, 121 horsepower
- Transmission: CVT automatic
- Features: 8-inch touchscreen, automatic climate control, driver-assist features
- Pros: Compact size, good ground clearance, comfortable ride
- Cons: Limited cargo space, front-wheel drive only
5. 2025 Chevrolet Trax – Starting at $21,495
The 2025 Chevrolet Trax is a budget-friendly SUV with a more powerful engine than most entry-level sedans while maintaining affordability.
- Fuel Economy: Up to 32 MPG on the highway
- Engine: 1.2L turbocharged 3-cylinder, 137 horsepower
- Transmission: 6-speed automatic
- Features: 11-inch touchscreen, wireless smartphone integration, lane-keeping assist
- Pros: Stylish design, strong safety features, spacious interior
- Cons: Average fuel economy for its class, no all-wheel-drive option
Which Cheapest New Car 2024 is Best for You?
Choosing the best budget-friendly car depends on your personal needs and priorities. If you’re looking for the absolute lowest price, the Mitsubishi Mirage is your best bet. For those who prefer a slightly larger vehicle with extra features, the Kia Forte or Hyundai Venue are excellent choices. If an affordable SUV is a must-have, the Chevrolet Trax balances space and efficiency.
Eco-Friendly & Cost-Effective Driving
Many of the cheapest new car 2024 options are designed with fuel efficiency in mind, helping drivers save on fuel costs while reducing their carbon footprint. Some models, such as the Mitsubishi Mirage, deliver over 40 MPG, making them some of the most economical choices.
For those looking for an even more environmentally friendly option, considering a used hybrid or a small electric vehicle could be a good alternative.

Last Reviews
Finding the cheapest car 2024 doesn’t mean sacrificing reliability, efficiency, or style. With options ranging from compact sedans to budget-friendly SUVs, there is a vehicle for every type of driver. By focusing on fuel economy, features, and overall value, buyers can make an informed decision and drive away with a brand-new car that meets their needs and budget.
Before purchasing, always compare different models, take test drives, and explore financing options to ensure you get the best deal. Whether you need a commuter car, an entry-level vehicle, or an affordable SUV, the choices in 2024 are better than ever!