As the average price for a new vehicle continues to rise every year,Rubypoint only one car still has a price tag under $20,000.
The Mitsubishi Mirage is the last new car with an average purchase price under $20,000, according to a Kelley Blue Book report. Other new cars have starting prices under $20,000, but the actual purchase price after options and shipping surpass the threshold, The Associated Press reported.
In July, the Mitsubishi Mirage’s average transaction price was $19,205, according to the report.
In July 2022, there were a dozen vehicles under $20,000.
Small vehicles including the Kia Rio, Nissan Versa, Hyundai Venue and Nissan Sentra all have an average purchase price over $20,000. In July, Americans paid about $48,000 for a new vehicle, the report said.
Here are five new cars with the lowest average purchase prices in the U.S., according to Kelley Blue Book publisher Cox Automotive, AP reported.
1. Mitsubishi Mirage: $19,205
2. Kia Rio: $20,157
3. Nissan Versa: $20,763
4. Hyundai Venue: $23,971
5. Nissan Sentra: $23,994
Is now the time to buy a car?:High sticker prices, interest rates have many holding off
Contributing: The Associated Press
2025-05-06 03:051221 view
2025-05-06 03:02997 view
2025-05-06 02:072202 view
2025-05-06 01:23257 view
2025-05-06 00:501087 view
PACCAR is recalling over 220,000 of its 2021-2025 Peterbilt and Kenworth trucks. The commercial tru
Witness testimony started on Wednesday in the trial of award-winning actor Alec Baldwin, who is char
California authorities have released new details in the case of a woman found dead on the side of th