If you are considering to buy a car on a budget, you have a lot more choices than you might think. If you can narrow it down to a specific category of vehicle, you’re in good shape. However, if you’re open to anything or don’t yet know what you want, the process can be overwhelming and confuse you even more. There are a lot of vehicles available under the $30,000 price point. In fact, it is really surprising how big the variety of models out there is, in terms of both variety and pricing.
Your vehicle choice also depends on where you live, your financial situation, and your lifestyle. Perhaps fuel efficiency, tech features, or eye-catching good looks top your list of must-haves? No matter which car you choose, a vehicle’s safety, reliability, and quality-to-value ratio are key ingredients in making a wise choice.
Our reviews are based on the categories that matter most to shoppers and rank them within their respective categories. We used that same information to compile this list, which includes sedans and hatchbacks from the subcompact to midsize categories, a few SUVs, and even a couple of trucks.
It’s possible to get a car for less than 20k, but first, you’ll get a good look at a wide range of vehicles, from sports cars to SUVs to compact sedans. Even if you think you know what kind of vehicle you need, you might be surprised by what you can afford.
Now, let’s take a look at the cheapest cars on the market in 2018.
1. Honda CR-V
The Honda CR-V is without a doubt the best compact and affordable SUV for families. It’s hard to think of a compact crossover that would be more deserving. It has a quality interior, plenty of passenger and cargo space, great safety scores, and balanced performance for everyday needs.
The CR-V’s supple ride quality makes everyday driving a pleasure, and the optional turbocharged engine delivers plenty of power. The CR-V provides a lot for its affordable price, including reassuring safety credentials, fantastic passenger and cargo space, and a high-quality cabin. The ride quality is smooth and comfortable, too. The CR-V doesn’t have as many standard features as some competitors, but you will get a 5-inch display and a rearview camera.
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