Current:Home > InvestThere's only 1 new car under $20,000. Here are 5 cars with the lowest average prices in US -DollarDynamic
There's only 1 new car under $20,000. Here are 5 cars with the lowest average prices in US
View
Date:2025-04-15 12:05:13
As the average price for a new vehicle continues to rise every year, 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.
New cars under $25,000
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
veryGood! (94235)
Related
- What to watch: O Jolie night
- Proof Austin Swift's Girlfriend Sydney Ness Is Just as Big a Football Fan as Taylor Swift
- Almost all small businesses are using a software tool that is enabled by AI
- Rosie O'Donnell 'in shock' after arrest of former neighbor Diddy, compares him to Weinstein
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Democrats are becoming a force in traditionally conservative The Villages
- The chunkiest of chunks face off in Alaska’s Fat Bear Week
- Marley Brothers upholds father’s legacy with first tour in 2 decades
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Exclusive: Seen any paranormal activity on your Ring device? You could win $100,000
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Video captures Sabrina Carpenter flirting with fan at first 'Short n' Sweet' tour stop
- GHCOIN TRADING CENTER: A Leader in Digital Asset Innovation
- Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- NBA preseason schedule: Key dates as 2024-25 regular season rapidly approaches
- Fantasy football Start ‘Em, Sit ‘Em: 16 players to start or sit in Week 4
- Democrats are becoming a force in traditionally conservative The Villages
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Proof Austin Swift's Girlfriend Sydney Ness Is Just as Big a Football Fan as Taylor Swift
Who's in the disguise? Watch as 7-time Grammy Award winner sings at Vegas karaoke bar
When does the new season of '9-1-1' come out? Season 8 premiere date, cast, where to watch
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
Who's in the disguise? Watch as 7-time Grammy Award winner sings at Vegas karaoke bar
Tom Parker’s Widow Kelsey Debuts New Romance 2 Years After The Wanted Singer’s Death
Aaron Taylor-Johnson Bares His Abs in Romantic Pic With Wife Sam Taylor-Johnson