Getting a brand new car for less than $20000 is possible if you know where to look. Here we show you the Top 10 New Cars Under $20000. We can’t tell you exactly what kind of car to buy, but we can certainly advise where you should be looking if your budget is around the $20000 mark. So without further ado, here’s a list of the top 10 most luxurious new cars under $20000!
As the saying goes, there’s no such thing as a free lunch. But there is such a thing as a brand new car for under $20,000. In fact, according to Kelley Blue Book (KBB), there are 30 new cars for sale in 2022 that fall into this price bracket.
If you have your heart set on buying a new car but are working with a tight budget, you don’t have to settle for an outdated model. Every year automakers create dozens of models that will make even the most discerning car buyer swoon.
With so many options under $20,000, it can be hard to know which one is right for you. We’ve put together a list of the top 10 new cars under $20,000 based on U.S. News & World Report rankings and reviews from KBB and Edmunds to help you make the best choice.
- 1 1) Kia Forte: Average Price: $20,740
- 2 2. Kia Rio: Average Price: $18,215
- 3 3. Mitsubishi Mirage: Average Price: $15,925
- 4 4. Hyundai Accent: Average Price: $17,690
- 5 5. Nissan Versa: Average Price: $16,105
- 6 6. Subaru Impreza: Average Price: $19,790
- 7 7. Kia Soul: Average Price: $19,190
- 8 8. Ford Maverick: Average Price: $19,995
- 9 9. Hyundai Elantra: Average Price: $19,850
- 10 10. Hyundai Venue: Average Price: $18,900
1) Kia Forte: Average Price: $20,740
Kia Forte is the smart choice for savvy car buyers. This sedan offers a spacious cabin with high-end amenities, innovative safety and tech features, and streamlined styling that makes it great for commuting around town or taking road trips. If you’re looking for a practical, stylish car at an affordable price, the Kia Forte is just the ticket.
Features of Kia Forte
With a large list of standard features, an affordable price tag and a generous warranty, it’s no wonder the Kia Forte is one of our 10 Best Cars.
The Kia Forte is a compact car available in sedan and hatchback body styles. It competes with the Honda Civic, Toyota Corolla and Mazda 3.
This year marks the debut of the new Forte sedan, which was shown at the 2018 Detroit auto show. It looks sporty and high-tech, but we haven’t yet had a chance to drive it. We expect it to go on sale this summer.
2. Kia Rio: Average Price: $18,215
The next Kia Rio will start at $18,250. Edmunds says the 2022 Kia Rio is an economy car, but it does come in sedan and hatchback options to give buyers a choice. While the Rio starts at just over $18,000, it still has a lot to offer buyers in an affordable package. If you can get a higher trim level, it will come with more active safety features which are important. The new Kia Rio gets 36 mpg, too.
The 2022 Kia Rio comes with a 1.6-liter four-cylinder engine that produces 120 horsepower and 113 lb-ft of torque. Edmunds says that’s enough power to get around town and on the highway, as long as you don’t need to pass someone in a hurry. The engine is paired with either a six-speed manual or optional CVT automatic transmission depending on the model you choose.
Features of Kia Rio
Let’s face it, you’re going to be spending a lot of time in your Kia. From driving to work everyday to taking the family on vacation, it will be one of your most used items. A quality interior is important for safety, comfort and resale value. Here are some key features of the Rio:
Interior materials: The Rio’s cabin is nicely finished with soft-touch materials and dark plastic trim on the dashboard and door panels that looks more expensive than it is.
Ergonomics: The Rio has an easy-to-use layout with logically placed controls that are within reach and easily identifiable by touch.
Front seats: The cloth seats are comfortable and supportive, providing good thigh support for taller drivers.
Backseat room: There’s plenty of room in back even for adults, with ample headroom and legroom despite a sloping roofline.
Cargo space: The small trunk has 13.7 cubic feet of cargo space, which is typical for the class.
3. Mitsubishi Mirage: Average Price: $15,925
The 2022 Mitsubishi Mirage and Mirage G4 is on its way to the top of the least expensive cars list. While the Chevy Spark is on its way out, the Mirage is going to take its place. The Mirage gets an estimated 36 mpg in combined fuel economy, and the G4 comes in just under that with 35 mpg. The new car comes standard with a five-speed manual, but a continuously variable transmission (or CVT) automatic is available. That adds some mileage to the fuel economy, but also adds to the price.
The Mirage comes in three trim levels: ES, LE and SE. Each has a 1.2-liter three-cylinder engine that makes 78 horsepower and 74 pound-feet of torque. All come with standard front-wheel drive that sends power to the wheels via a five-speed manual transmission or optional CVT automatic.
The Mirage has great mileage and can be had for a very low price, but it’s not as well equipped as other cars in this class. The base model doesn’t have any options, so if you want power windows or air conditioning you need to upgrade to one of the other models.
Features of Mitsubishi Mirage
Mitsubishi Mirage is a modern hatchback that offers all the convenience and technology of a bigger car, but in a compact and easy-to-drive package and at an affordable price.
Available in three grades, Mitsubishi Mirage offers a wide range of standard features with plenty of options to suit your lifestyle.
Mirage has been awarded with the highest possible ANCAP safety rating for both the Mirage hatch and G4 sedan models.
Mitsubishi’s ‘Reversing Camera’ displays a live image on the central touch screen display to help you park safely while the ‘Lane Departure Warning’ system helps you drive safely by alerting you if you are drifting out of your lane without using your indicators.
4. Hyundai Accent: Average Price: $17,690
The first thing that stands out about the 2022 Hyundai Accent is its great mileage. The Accent is a small car that’s easy to drive, and it gets excellent fuel economy at 36 mpg combined.
According to Consumer Reports, “The Accent’s steering and handling are light but very responsive. The firm suspension keeps body lean in check, and the Accent delivers a secure feeling when cornering.”
The 2022 Accent is available in two trims: SE and SEL. The SE has a six-speed manual transmission that starts at $16,395, and the SEL, which comes standard with an automatic CVT transmission, starts at $18,945. Both trims come with Apple CarPlay and Android Auto connectivity, as well as a seven-inch touchscreen.
The 2022 Accent doesn’t have many bells and whistles or advanced safety features such as adaptive cruise control or blind spot warning — these features usually come with higher trim levels. But it does offer drivers the option of manual or automatic transmissions, which can be difficult to find in this price range.
If you’re looking for a reliable car that can handle your commute without breaking the bank, the 2022 Hyundai Accent is worth checking out.
Features of Hyundai Accent
ABS (Anti-Lock Brake System): The ABS control unit monitors the speed of each wheel using precision sensors. If one or more wheels start to lock, the system reduces brake pressure to prevent the wheels from locking and loosing traction. By maintaining traction, you can steer and brake effectively so your vehicle remains stable.
EBD (Electronic Brake Force Distribution): EBD ensures that brake force is evenly distributed between all four wheels. This improves stability and braking efficiency by ensuring optimum braking force for all circumstances as it senses weight changes in the car automatically.
Brake Assist: In emergency braking situations, some drivers tend to apply less pressure than required, delaying their vehicle’s response time and putting them at risk. Hyundai’s Brake Assist feature senses these situations and applies additional brake pressure to help ensure maximum braking performance.
5. Nissan Versa: Average Price: $16,105
The 2022 Nissan Versa has a starting price of just over $16,000. This is up only $50 from the previous version, which is an impressive feat for a new car model. The price hike might seem even more impressive when you consider the fact that this car now comes standard with automatic emergency braking and automatic high beams.
This new Versa also gets better fuel economy than the last one, but that depends on how you buy it. If you opt for the base model with a manual transmission, the EPA says it will get 31 mpg in the city, 40 mpg on the highway and 35 mpg combined. That’s up from the previous rating of 29, 37 and 33 mpg. But if you go for the automatic CVT (continuously variable transmission) instead, those ratings jump to 35, 43 and 38 mpg. Not only are they better, they’re also better than any other non-hybrid in its segment.
The 1.6-liter four-cylinder engine makes 122 horsepower (up eight from last year) and 114 pound-feet of torque (unchanged). That power goes through either a five-speed manual or Nissan’s next-generation Xtronic CVT.
Features of Nissan Versa
Nissan Versa is compact car with a roomy interior, an impressive EPA fuel economy and an available high-tech features. The Versa sedan is offered in S, SV and SR trim levels, while the hatchback comes in SV and SR.
Standard features include 15-inch steel wheels, air-conditioning, full power accessories, remote keyless entry, cruise control, a tilt-and-telescoping steering wheel, a height-adjustable driver seat and a four-speaker sound system with a CD player, auxiliary audio jack and a USB port.
The S trim of the sedan adds automatic headlights, variable intermittent wipers and body color side mirrors.
The SV trim of Nissan Versa comes with 15-inch alloy wheels, automatic headlights, variable intermittent wipers and body color side mirrors.
The SR sedan comes with 16-inch alloy wheels, foglights, automatic headlights and rear disc brakes.
6. Subaru Impreza: Average Price: $19,790
Subaru is known for making all-wheel drive cars, and the Impreza is its cheapest option at just under $20,000. While some of its competitors on this list get comparable mpg, the Subaru has a slight advantage when it comes to power. The Impreza is also due for an upgrade soon, so you could score a good deal if an updated model is announced.
The 2022 Subaru Impreza comes with a standard 2.0-liter engine that puts out 152 hp. That’s slightly less powerful than its competitors, but it still yields a decent amount of horsepower. The Impreza can go from 0 to 60 in 8.2 seconds, which isn’t bad for this class of vehicle. The standard transmission is a six-speed manual with an optional CVT. You can also upgrade to a Sport or Limited trim level for $22,795 or $23,895 respectively. Those options come with better features like Apple CarPlay and Android Auto integration and automatic climate control.
Features of Subaru Impreza
Powering the Impreza is a 2.0L 4-cylinder engine that makes 152 horsepower and 145 lb-ft of torque. It’s paired to either a 5-speed manual or continuously variable automatic transmission (CVT). Fuel economy is rated at 24 mpg city, 32 mpg highway, and 27 mpg combined.
The base model comes with 17-inch alloy wheels, Bluetooth, power accessories, and a 6.2-inch infotainment system with Apple CarPlay/Android Auto smartphone integration and a rearview camera.
Available features include 18-inch wheels, automatic headlights, heated front seats, fog lights, keyless entry/ignition, a 7.0-inch infotainment system with navigation, automatic climate control, and more!
7. Kia Soul: Average Price: $19,190
The 2022 Kia Soul is a brand new compact car that comes with an initial price of $19,190. The vehicle is powered by a standard 1.6 four-cylinder engine producing 147 horsepower. An optional 2.0-liter four-cylinder is also available that can boost up to 201 horsepower.
The 2022 Kia Soul LX is the base model of the vehicle. It comes with a list of standard features such as 16” alloy wheels, rear privacy glass, six-speaker audio system, and keyless entry and ignition. Other features offered in the vehicle are heated mirrors, smartphone integration (Android Auto and Apple CarPlay), and a USB port.
The vehicle features adult-friendly seats, ample cargo space, easy to use entertainment system, and a lengthy warranty period. 2022 Soul offers six trim levels. However, for your search of 2022 cars under 20k, only the LX trim falls under your budget.
Features of Kia Soul
The following are five features that you can look forward to when you choose the Kia Soul:
Apple CarPlay – The Kia Soul comes equipped with Apple CarPlay, allowing you to connect your iPhone and access all of your music, podcasts, and audiobooks. You can also make calls and send text messages from your vehicle using Siri voice control.
Android Auto – If you use an Android smartphone, the Kia Soul comes equipped with Android Auto which allows you to connect your phone and access all of your music, podcasts, and audiobooks. You can also make calls and send text messages from your vehicle through Google Assistant.
Available leather seats – If leather seats are a must-have for you, then the Kia Soul has what you’re looking for. The top-of-the-line trim level of the Kia Soul comes equipped with leather seats that look great and feel even better.
8. Ford Maverick: Average Price: $19,995
The 2022 Ford Maverick is the most affordable pickup truck on the market. This may be a good option if you need a work vehicle that won’t break the bank. It’s also a nice choice if you want a fun driving experience, comfortable ride, and smooth handling.
The standard engine has enough power to get up to speed quickly, but it can feel unrefined when you accelerate hard. The fuel efficient hybrid powertrain is an excellent choice because it offers quick acceleration and 47 mpg in the city and 51 mpg on the highway. The best fuel economy is provided by the FE trim.
The interior of this compact pickup truck is nicely designed and made from high-quality materials. It also offers generous cargo space for a vehicle in this class. A few drawbacks include limited bed size and low towing capacity. But overall, this is a good choice for someone who needs a work-oriented vehicle at a low price.
Features of Ford Maverick
Ford Maverick is a compact SUV that is designed to make your life easier, every day. It will make your everyday tasks easy and enjoyable as you may want them to be. The car comes with many features to make its use convenient. The following are some of the most outstanding features of Ford Maverick:
The Engine: Ford Maverick is built with a 4-cylinder engine that has 2.0-liter EcoBoost engine. It makes the vehicle stand out in terms of speed. You can be assured that the car will deliver more than what you expect of it, especially when it comes to speed.
Auto Start-Stop Technology: The Auto Start-Stop Technology is one of the features that many people look for when buying a car. This technology helps you save fuel and reduce emissions. Ford Maverick has updated this technology with a new feature, which allows you to deactivate this system at any time, so you do not have to worry about always turning it on and off whenever you stop or start using the car.
Rear View Camera: Rear cameras are essential safety features in modern vehicles that help avoid accidents when reversing. Ford Maverick comes with an upgraded rear camera that allows you to have a better view.
9. Hyundai Elantra: Average Price: $19,850
Hyundai is known to offer some of the most reliable and fuel-efficient vehicles in the market. The Elantra 2022 is a complete package at just $19,850 and has many things to offer. It provides great value for money with its futuristic design, high-tech features, comfortable ride quality, and fuel-efficient powertrain.
It has a lot of competition in the compact sedan segment with the Honda Civic, Toyota Corolla, Mazda3, Volkswagen Jetta, Nissan Sentra, Kia Forte, and Honda Insight. But still if you are looking for an affordable compact car under $20k then Hyundai Elantra 2022 should be your first choice.
Features of Hyundai Elantra
The Elantra is one of the roomiest cars in its class, with a big back seat, a large trunk and good overall cargo space. It also offers more technology than most rivals. The Elantra earned a five-star overall safety rating from the National Highway Traffic Safety Administration (NHTSA) and was named a Top Safety Pick by the Insurance Institute for Highway Safety (IIHS).
The Elantra has plenty to like. It looks great, rides smoothly and is economical to run. But it’s not as much fun to drive as some of its competitors.
The Hyundai Elantra is a compact sedan offered in three trim levels: SE, Limited and Eco. Each comes with a 147-horsepower four-cylinder engine that drives either the front or all four wheels via a six-speed automatic transmission. A six-speed manual transmission is standard on the base SE model and optional on other trims.
10. Hyundai Venue: Average Price: $18,900
You can buy the upcoming 2022 Hyundai Venue with a starting price of $18,900. It is available in three different trims: SE, SEL, and Limited. If you want to buy the top trim Limited, then you have to pay $22,150.
The new Hyundai Venue comes with a 1.6L 4-cylinder engine that generates 121hp and 113 lb-ft of torque. This compact SUV comes with a continuously variable automatic transmission (CVT). The EPA estimated fuel economy ratings are 30 mpg combined (29 city/34 highway) in the front-wheel drive configuration and 29 mpg combined (27 city/33 highway) in the all-wheel drive configuration
Features of Hyundai Venue
The Venue is the latest entrant in the popular subcompact crossover segment, and it comes equipped with a host of standard and available features that make it an attractive alternative to cars like the Honda HR-V, Toyota C-HR and Nissan Kicks.
Standard features on the new Hyundai Venue include a 7-inch touchscreen display, Apple CarPlay and Android Auto integration, lane-keep assist, forward collision avoidance assistance and driver attention warning.
That means even in base form, the Venue includes a suite of active safety tech that most other automakers don’t offer at all or only as options.
Other standard features include air conditioning, power windows with auto up/down for all four windows, a tilt-and-telescoping steering wheel and cloth upholstery.
Available features include a sunroof, remote start via a smartphone app, wireless phone charging and Hyundai’s Blue Link connected car service (which is free for three years).