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 Accord
Totally redesigned for this year, the Honda Accord earns a high position in our midsize car rankings. The sporty Accord is spacious and comfortable. It also receives top safety scores for its combination of crashworthiness and available safety features. Fuel efficiency is another of the Accord’s strengths, yet it remains peppy and fun to drive.
A 7-inch display, Siri Eyes Free, a rearview camera, and the Honda Sensing active safety package all come standard. Considering the Accord’s many practical attributes, it should be no surprise that it was a finalist for our 2018 Best Midsize Car for Families award.
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