10 Cheapest New Cars of 2020

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By |2020-07-07T12:42:37-04:00March 12, 2020 - 04:11PM|Car Rankings & Buying Guides|
2020 Hyundai Accent

2020 Hyundai Accent / Photo Credit: Hyundai

10 Cheapest New Cars of 2020

  1. Chevrolet Spark | $13,220
  2. Mitsubishi Mirage | $13,995
  3. Nissan Versa | $14,730
  4. Hyundai Accent | $15,295
  5. Toyota Yaris | $15,650
  6. Kia Rio | $15,750
  7. Honda Fit | $16,190
  8. Chevrolet Sonic | $16,720
  9. Kia Soul | $17,490
  10. Kia Forte | $17,890

1. 2020 Chevrolet Spark | $13,220


2020 Chevrolet Spark

2020 Chevrolet Spark / Photo Credit: Chevrolet

Key Standard Features

  • 7-inch touch screen
  • Apple CarPlay and Android Auto
  • Wi-Fi hot spot
  • Bluetooth
  • 2 USB charging ports

Read Reviews of the Chevrolet Spark | Used Chevrolet Sparks for Sale


2. 2020 Mitsubishi Mirage | $13,995


2020 Mitsubishi Mirage

2020 Mitsubishi Mirage / Photo Credit: Mitsubishi

Key Standard Features

  • 7-inch touch screen
  • Bluetooth
  • HD Radio
  • USB charging port
  • Remote keyless entry

Read Reviews of the Mitsubishi Mirage | Used Mitsubishi Mirages for Sale


3. 2020 Nissan Versa | $14,730


2020 Nissan Versa

2020 Nissan Versa / Credit: Nissan

Key Standard Features

  • Forward collision warning (FCW)
  • Automatic emergency braking (AEB), forward and rear)
  • Pedestrian detection
  • Automatic high beams
  • Lane departure warning (LDW)
  • 7-inch touch screen
  • Bluetooth
  • Voice recognition
  • 3 USB charging ports

Read Reviews of the Nissan Versa | Used Nissan Versas for Sale


4. 2020 Hyundai Accent | $15,295


2020 Hyundai Accent

2020 Hyundai Accent / Credit: Hyundai

Key Standard Features

  • 5-inch touch screen
  • Bluetooth
  • USB charging port

Read Reviews of the Hyundai Accent | Used Hyundai Accents for Sale


5. 2020 Toyota Yaris | $15,650


2020 Toyota Yaris Hatchback

2020 Toyota Yaris Hatchback / Credit: Toyota

Key Standard Features

  • Low-speed FCW with brake assist
  • 7-inch touch screen
  • Apple CarPlay and Android Auto compatibility
  • Bluetooth
  • 2 USB charging ports
  • HD Radio
  • Satellite radio
  • Remote keyless entry
  • Cruise control

Read Reviews of the Toyota Yaris | Used Toyota Yaris Models for Sale


6. 2020 Kia Rio | $15,750


2020 Kia Rio

2020 Kia Rio / Photo Credit: Kia

Key Standard Features

  • Automatic transmission
  • 7-inch touch screen
  • Apple CarPlay and Android Auto
  • Siri Eyes Free
  • USB charging port

Read Reviews of the Kia Rio | Used Kia Rios for Sale


7. 2020 Honda Fit | $16,190


2020 Honda Fit

2020 Honda Fit / Credit: Honda

Key Standard Features

  • 5-inch display
  • Bluetooth
  • USB charging port

Read Reviews of the Honda Fit | Used Honda Fits for Sale


8. 2020 Chevrolet Sonic | $16,720


2020 Chevrolet Sonic

2020 Chevrolet Sonic / Photo Credit: Chevrolet

Key Standard Features

  • Automatic transmission
  • 7-inch touch screen
  • Apple CarPlay and Android Auto compatibility
  • Wi-Fi hot spot
  • Bluetooth
  • 2 USB charging ports

Read Reviews of the Chevrolet Sonic | Used Chevrolet Sonics for Sale


9. 2020 Kia Soul | $17,490


2020 Kia Soul X-Line

2020 Kia Soul / Photo Credit: Kia

Key Standard Features

  • 7-inch touch screen
  • Apple CarPlay and Android Auto
  • Bluetooth
  • USB charging port

Read Reviews of the Kia Soul | Used Kia Souls for Sale


10. 2020 Kia Forte | $17,890


2020 Kia Forte

2020 Kia Forte / Credit: Kia

Key Standard Features

  • FCW, AEB, LDW
  • Lane keeping assist (LKA)
  • Driver attention monitor
  • 8-inch touch screen
  • Apple CarPlay and Android Auto
  • Bluetooth
  • USB charging port

Read Reviews of the Kia Forte | Used Kia Fortes for Sale


Read More About the Cheapest Cars in 2020

These are the cheapest new cars available today based on 2020 starting prices. In addition, we’ve given you an idea of what you get for your money by listing each vehicle’s key standard features and safety systems.

Most of the cheapest vehicles are subcompact cars, but one is a compact car and one is a subcompact SUV. All the vehicles shown are 2020 models, but because some haven’t changed for a few years, you can save money by buying a used version.

Shop Carfax’s Used Car Listings

The cheapest cars are ranked by their 2020 MSRP excluding destination, tax and other applicable fees.


Other Cheapest Vehicle Rankings

Cheapest SUVs of 2020

  1. Hyundai Venue | $17,350
  2. Kia Soul | $17,490 | For Sale
  3. Nissan Kicks | $18,870 | For Sale
  4. Read More

Cheapest Luxury Vehicles of 2020

  1. Acura ILX | $25,900 | For Sale
  2. Lexus UX | $32,300 | For Sale
  3. Mercedes-Benz A-Class | $32,800 | For Sale
  4. Read More

Cheapest 3-Row SUVs of 2020

  1. Dodge Journey | $23,495 | For Sale
  2. Mitsubishi Outlander | $24,895 | For Sale
  3. Volkswagen Tiguan | $24,945 | For Sale
  4. Read More

Cheapest Luxury SUVs of 2020

  1. Buick Envision | $31,995 | For Sale
  2. Lexus UX | $32,300 | For Sale
  3. Volvo XC40 | $33,700 | For Sale
  4. Read More

Cheapest AWD Cars of 2020

  1. Subaru Impreza | $18,695 | For Sale
  2. Subaru Crosstrek | $21,145 | For Sale
  3. Ford EcoSport | $21,590 | For Sale
  4. Read More

Cheapest Electric Cars of 2020

  1. Nissan Leaf | $31,600 | For Sale
  2. Tesla Model 3 | $35,000 | For Sale
  3. Chevrolet Bolt EV | $36,620 | For Sale
  4. Read More

Cheapest Hybrid Cars of 2020

  1. Hyundai Ioniq | $22,200 | For Sale
  2. Honda Insight | $22,930 | For Sale
  3. Toyota Corolla Hybrid | $23,100 | For Sale
  4. Read More

Cheapest Sports Cars of 2020

  1. Mini Cooper | $24,250 | 134 hp | For Sale
  2. Chevrolet Camaro | $25,000 | 275 hp | For Sale
  3. Honda Civic Si | $26,155 | 205 hp | For Sale
  4. Read More

If you have questions about this story, please contact us at Editors@carfax.com

About the Author:

I grew up near Detroit and have been surrounded by the automotive industry my entire life. I spent much of my youth attending car shows, rebuilding classic cars and accompanying my father at work-related events at various test tracks, proving grounds and other automotive facilities. I’ve always had an affinity for writing, research and education, so reporting about cars and working to educate people just makes sense. I currently write for U.S. News & World Report and Carfax, and I hold the roles of executive editor and director of communications at InsideEVs. I studied at Central Michigan University and the University of Michigan, as well as VanderCook College of Music in Chicago, IL, where I completed my master’s degree.