If you are in the market for a new car, but only have a used car amount of money, you’re in luck. Because we break down the 10 most affordable cars for the penny pinching public. All 10 cars come in under $15,000, the initial price is low but not the only concern. We factor in reliability, gas price and depreciation. Giving you the most car for the least amount of money.
10: Volkswagen Jetta Trendline
This car is the most expensive on the cheap car list coming in at $14,990. Also its fuel consumption isn’t quite on par with the rest, but it a lot of car for the price. Coming with lots of standard equipment and a well refined interior, it could be one of the best deals on the market today.
9. Smart fortwo coupé
Its tiny and dorky, but it comes with an abundance of safety features. It also comes with air conditioning and power windows, which becomes harder to find farther down the list. Don’t forget the impressive fuel sipping capabilities this light weight city car has. This one reels in at 14,400.
8. Honda Fit DX
This quirky gas miser has the most attitude for price. With a price tag of $14,580, you also get standard features like power windows, traction control and ABS.
7. Ford Fiesta S
The Ford Fiesta S starts at $14,499, and obtains a cult like following from its fans. Its got personality and fun with all the fuel economy you need. To keep you in a straight line when things get a little crazy Ford’s AdvanceTrac electronic stability system comes standard. If that doesn’t quite do the job 7 air bags are there for a worst case scenario.
6. Mazda 2
This is the minimalists performance car. A fun ride with no frills, not even air conditioning. The price of $14,450 does get you power windows and locks as standard however.
5. Fiat 500
The base model Fiat 500 continues its heritage of being a cheap fun car for the masses. At $13,495 its main focus is on the peppy entertainment of city driving.
4. Toyota Yaris Hatchback CE
This cute and cuddly little hatchback is one of the faster and most efficient cars on the list. Safety is covered as well with nine air bags standard.
3. Kia Rio LX
The Kia Rio LX is the best equipped car on the list. $13,895 gets you a good looking car along with features such as AM/FM/CD stereo system, aux. and USB input ports, dual front power outlets, electronic stability control, power windows, Sirius satellite radio, steering wheel-mounted audio controls, ABS, heated side-view mirrors, and rear window defroster.
2. Chevrolet Spark LS
At $11,945 you don’t get much in the way of equipment. What you do get is a roomy interior and a 5 year/160,000km warranty. A bonus is one of the best fuel economy ratings on the list.
1. Nissan Versa sedan
This is your cheapest car available in Canada, at $11,898 you get a car that is built with nothing but affordability in mind. No air conditioning, no power anything. With a lot of cheap plastic and grey interior design it may be a bit dreary, but the initial and long term savings are unmatched by competitors.
