Top 5 Most Affordable New Cars of 2024

Car Buying Guides
09/02/2024
3 min read
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In 2024, affordability doesn’t mean compromising on quality, features, or style. Whether you’re a first-time car buyer or looking to upgrade without breaking the bank, there are plenty of budget-friendly options that offer a balance of value, reliability, and modern features. In this post, we’ll highlight the top five most affordable new cars of 2024, each providing great options for those looking for a wallet-friendly ride.

1. 2024 Nissan Versa

Starting Price: $16,000 (estimated)

The 2024 Nissan Versa remains one of the most affordable cars on the market, perfect for those seeking a reliable and economical vehicle. The Versa delivers a comfortable ride and comes equipped with modern safety features such as automatic emergency braking, lane departure warning, and rear automatic braking, which are rare in this price range. Its fuel efficiency is also impressive, averaging about 35 miles per gallon (MPG) combined, making it an excellent choice for budget-conscious drivers.

Highlights:

  • Impressive safety features for the price
  • Spacious interior for a subcompact
  • Outstanding fuel economy

2. 2024 Hyundai Accent

Starting Price: $17,500 (estimated)

The Hyundai Accent continues to be a top contender for budget-conscious drivers in 2024. Known for its value-packed features and solid build, the Accent offers a refined cabin, user-friendly infotainment, and great fuel efficiency, averaging around 36 MPG combined. Although it’s on the more basic end in terms of tech, it’s a practical and reliable vehicle that comes with Hyundai’s impressive 10-year/100,000-mile powertrain warranty, ensuring long-term peace of mind.

Highlights:

  • Industry-leading warranty
  • Strong fuel efficiency
  • Smooth ride and responsive handling

3. 2024 Kia Rio

Starting Price: $17,900 (estimated)

The 2024 Kia Rio is another affordable option that packs a punch in terms of value. It offers a surprisingly upscale interior for its price point, and its sleek exterior design makes it look more expensive than it is. The Rio also includes an easy-to-use 8-inch touchscreen display with standard wireless Apple CarPlay and Android Auto, making it a tech-friendly option for those who want a connected driving experience. With a fuel economy rating of around 36 MPG combined, the Kia Rio is both stylish and economical.

Highlights:

  • Standard Apple CarPlay and Android Auto
  • Modern interior design and materials
  • Excellent fuel efficiency

4. 2024 Chevrolet Spark

Starting Price: $15,700 (estimated)

As one of the cheapest cars available in 2024, the Chevrolet Spark is ideal for city dwellers or anyone needing an efficient, compact ride. Don’t let the low price fool you—the Spark comes equipped with a 7-inch touchscreen infotainment system, Apple CarPlay, and Android Auto, making it a modern, tech-forward choice. Although its small size limits cargo space, the Spark’s agile handling and tight turning radius make it perfect for navigating crowded streets and parking in tight spaces. The Spark also delivers an impressive 33 MPG combined, keeping fuel costs low.

Highlights:

  • Compact size, ideal for urban environments
  • Tech-friendly with modern infotainment features
  • Affordable starting price

5. 2024 Mitsubishi Mirage

Starting Price: $16,200 (estimated)

The 2024 Mitsubishi Mirage is a small car with a big reputation for fuel efficiency, boasting an outstanding 39 MPG combined, one of the highest in its class. While its performance and interior design are more basic, the Mirage is an excellent option for drivers prioritizing cost savings and low maintenance. The Mirage comes with Mitsubishi’s industry-leading 10-year/100,000-mile powertrain warranty, making it an attractive option for buyers who want long-term reliability.

Highlights:

  • Best-in-class fuel efficiency
  • Long powertrain warranty
  • Easy to park and maneuver in tight spaces

Conclusion

Affordability doesn’t mean skimping on features or reliability, and the cars on this list prove just that. Whether you’re looking for impressive fuel efficiency, advanced safety features, or a tech-friendly ride, these affordable 2024 models offer excellent value for the price. When shopping for a new car, always consider your personal needs—whether it’s fuel economy, warranty coverage, or in-car technology—and choose a model that aligns with your lifestyle.

At Jitcar, we offer a wide selection of budget-friendly new cars for 2024. Browse our inventory today to find the perfect car that fits your budget and your needs!

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