Quick Answer: What Is The Cheapest New Car 2020?

What is the cheapest new Kia car?

The cheapest Kia car is Sonet (Rs.

6.71 Lakh) and the most expensive one is Carnival (Rs.

33.95 Lakh).

Kia cars in India are expected to launch Sorento (Rs….Kia Cars Price List (2021) in India.ModelEx-showroom PriceKia SeltosRs.

9.89 LakhKia CarnivalRs.

24.95 Lakh1 more row.

How much should I pay for a new car?

Using the dealer’s true cost formula, here’s an example of what you might pay for this car: $31,000: the new car sticker price. $29,000: the factory invoice price, which includes factory added options. Subtract $870 for dealer holdback (presented here as 3 percent of the car’s MSRP, but this varies)

What is a reasonable price for a car?

The frugal rule: 10% of income For many people, I think that will be between 10–15% of your income. So if you earn $25,000 a year, that’s going to be a high-mileage used car for $2,500–$3,000. If you earn $80,000, that’s a used car for around $10,000 or $12,000.

What’s the average price for a new car?

How to calculate car ownership costsAverage New Car CostNew Vehicle CategoryAverage New Car Cost Per MonthAverage New Car Selling PriceSmall Sedan$593$20,000Small SUV$700$26,000Medium Sedan$720$25,0003 more rows•Mar 29, 2020

What is the least expensive new car?

The 10 Cheapest Cars on Sale in the U.S. Right Now2020 Chevrolet Spark LS, $14,395. EPA Mileage: 29/38 mpg (city/hwy) … 2020 Mitsubishi Mirage ES, $14,990. See all 27 photos. … 2020 Nissan Versa S, $15,655. … 2020 Hyundai Accent SE, $16,270. … 2020 Toyota Yaris L sedan, $16,605. … 2020 Kia Rio LX, $16,815. … 2020 Honda Fit LX, $17,120. … 2019 Fiat 500 Pop, $17,990.More items…•

What is the cheapest Chevy car?

1. Chevy SparkCity MPG: 30.Highway MPG: 38.Annual Fuel Cost: $1,150.Powertrain Warranty: 5 years or 60,000 miles.Limited Basic Warranty: 3 years or 36,000 miles.Overview: The Chevy Spark retains the #1 spot as the cheapest new car of 2020, with zero price increases over last year.More items…•

What new car can I get for $10000?

New Cars Under $10,0002021 Chevrolet Spark. Starting MSRPs1 $13,400* Fuel Economy 29 City / 38 Hwy. Rebates2 $1,750. Finance2 –2021 Mitsubishi Mirage. Starting MSRPs1 $14,295* Fuel Economy 33 City / 41 Hwy. Rebates2 — Finance2 –2021 Nissan Versa. Starting MSRPs1 $14,930* Fuel Economy 27 City / 35 Hwy. Rebates2 $500. Finance2 —

What’s the ugliest car?

Damn Your Eyes: The Ugliest Cars Ever Made1932 Stout Scarab. See all 31 photos. … 1946 Crosley CC. See all 31 photos. … 1951 Allard P2 Safari. See all 31 photos. … 1958 Ford Thunderbird. See all 31 photos. … 1958 Lincoln Continental. See all 31 photos. … 1958 Subaru 360. See all 31 photos. … 1961 Citroen Ami 6. See all 31 photos. … 1965 Rambler/AMC Marlin. See all 31 photos.More items…•

What is the average price for a new car in 2020?

18, 2020 /PRNewswire/ — The valuation analysts at Kelley Blue Book today reported the estimated average transaction price for a light vehicle in the United States was $37,851 in January 2020. New-vehicle prices increased $1,296 (up 3.5%) from January 2019, while falling $806 (down 2.1%) from last month.

Are 2019 cars cheaper in 2020?

In three to five years a 2019 model will be worth significantly less than an identically equipped 2020 model purchased on the same day with equal mileage. When it’s time to sell the value of the car will be based purely on model year not purchase date and the 2019 model will be considered older than an equivalent 2020.

What is the cheapest most reliable car?

10 Cheap Reliable Cars2020 Kia Forte. The 2020 Kia Forte still benefits from a major redesign that debuted in 2019, and Kia consistently scores among the top brands for quality and value. … 2018 Hyundai Elantra. … 2019 Honda Fit. … 2019 Kia Soul. … 2020 Chevrolet Sonic. … 2020 Nissan Kicks. … 2019 Ford Fiesta. … 2020 Subaru Impreza.More items…•

How can I get a new car for cheap?

Here are some of my top cheapskate car-buying tips.Only Buy a Car You Can Pay for with Cash. … If You Don’t Buy With Cash, Get Preapproved. … Do Your Homework and Stay Flexible. … Find Out the True Cost of Owning. … Rent Before You Buy. … Timing Is Key. … Look for Older Dealer Inventory. … Car-Shop at Membership Warehouse Stores.More items…•